thetaOwl

BKNG

Booking Holdings Inc. Common StClose $181.25EOD only
Max Pain
$170.00
Next expiry Jun 26, 2026
Expected Move
±$5.00
2.8% from close
Price Gap
-11.25
Distance to max pain
IV Rank
10
Low premium
P/C OI
0.97
Balanced positioning
Consensus
5.0/10
Range bias
Published snapshot: Jun 24, 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 24, 2026 close
BKNG AI Consensus Report
Analysis based on market close June 25, 2026

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

Conviction
5.0

out of 10

5 not 6 because all personas have only 5/10 confidence, and the net premium negative undermines the bullish LEAP flow signal.

Where Perspectives Agree

BKNG is range-bound near $176 with gamma pinning and elevated IV supporting mean reversion, despite mixed flow signals.

Where They Diverge

Flow shows aggressive long-dated call buying (bullish) but net negative premium and near-term put hedging (bearish) directly contradict the directional bearish bias.

Top Trade
via theta

Sell 2026-09-18 $176.00/$172.00 put credit spread for $1.20 credit — defined risk, profits from pin at $176.

Key Risk

Break below $176 triggers gamma flip to negative, accelerating stop-loss cascade to $170.

How to Use These Reports
This ai consensus reflects the market close on June 25, 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.