thetaOwl

BKNG

Booking Holdings Inc. Common StClose $164.94EOD only
Max Pain
$170.00
Next expiry Jun 18, 2026
Expected Move
±$6.40
3.9% from close
Price Gap
+5.06
Distance to max pain
IV Rank
27
Middle-high premium
P/C OI
0.83
Slightly call-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: Jun 12, 2026 close
End-of-day snapshot

This page reflects BKNG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jun 12, 2026 close
BKNG AI Consensus Report
Analysis based on market close June 11, 2026

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from June 11, 2026. A newer ai consensus report is available for June 12, 2026.

View latest report
Conviction
6.0

out of 10

6 not 7 because mixed flow and elevated put skew undermine the bullish pin conviction, and earnings are 48 days away, reducing immediate catalyst alignment.

Where Perspectives Agree

All personas converge on a neutral-to-bullish pin near $165-$170 with high volatility and dealer long gamma supporting range-bound action, favoring premium-selling strategies.

Where They Diverge

Flow shows protective put buying at $222 and long-dated calls, indicating institutional hedging and positioning, which contradicts the near-term pin thesis by suggesting downside fear and upside optionality.

Top Trade
via theta

Sell 2026-08-21 $165.00/$160.00 put credit spread for $1.50 credit, max risk $3.50.

Key Risk

Break below $160 support flips dealer gamma long, removes pin, and accelerates downside to $140 gamma level.

How to Use These Reports
This ai consensus reflects the market close on June 11, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.