Quantchabot has detected a new Bull Call Spread trade opportunity for BOOKING HOLDINGS INC. COMMON STOCK (BKNG) for the 25-Jul-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
BKNG was recently trading at $5,673.76 and has an implied volatility of 20.73% for this period. Based on an analysis of the options available for BKNG expiring on 25-Jul-2025, there is a 34.20% likelihood that the underlying will close within the analyzed range of $5,692.53-$6,033.34 at expiration. In this scenario, the average linear return for the trade would be 10.04%.
52 week high: BOOKING HOLDINGS INC. COMMON STOCK recently reached a new 52-week high at $5,673.76. BKNG had traded in the range $3,180.00-$5,639.70 over the past year.
Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if BKNG maintains its current direction and does not revert back to pricing on the bearish side of $5,673.76 on 25-Jul-2025. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bullish strategy, the trade would be profitable if BOOKING HOLDINGS INC. COMMON STOCK closes at or above $5,673.25 on 25-Jul-2025. Based on our risk-neutral analysis, there is a 52.32% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
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