BKNG as of Oct 31 · 15:00 ET

BKNGNasdaqTransportation Services

Booking Holdings Inc. · Brief

Next report

3 days

Nov 3 · after closeconfirmedQ3 FY26

Earnings

Expected move

Inputs

±3.4%implied · report alone

143.06153.20

straddle ±5.5%

spot 148.13exp Nov 6ATM strike 148ATM straddle 9.53IV 58%

Oct 30 closereport share · term structure

Expected move

Inputs

Implied vs realized

8 reportsHistory

3 of 7≥ implied

avg implied: ±4.9%
avg realized: ±3.3%

Oct 30 '24±4.5%▲+4.76%×1.06

Feb 20 '25±5.4%▼−0.55%×0.10

Apr 29 '25±4.9%▲+3.87%×0.79

Jul 29 '25±3.9%▲+0.40%×0.10

Q3 FY25±4.3%▼−0.87%×0.20

Feb 18 '26±4.9%▼−6.15%×1.26

Q1 FY26—▲+0.35%—

Q2 FY26±6.2%▲+6.56%×1.06

quarterimplied−10%0+10%realized×

Q2 FY26±6.2%▲+6.56%×1.06

Q1 FY26—▲+0.35%—

Feb '26±4.9%▼−6.15%×1.26

Q3 FY25±4.3%▼−0.87%×0.20

Jul '25±3.9%▲+0.40%×0.10

Apr '25±4.9%▲+3.87%×0.79

2 older reports

Feb '25±5.4%▼−0.55%×0.10

Oct '24±4.5%▲+4.76%×1.06

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Bull & bear

Nov 3 report · confirmed

Bull2 of 4

3customers disclosing BKNG as a supplierSEC filings

11tracked funds holding BKNGN-PORT · Aug 31 '26

Bear2

4 of 7recent reports where the move came in under the options-implied rangeEarnings history

3.44%State Street Consumer Discretionary Select Sector SPDR ETF largest tracked fund weightN-PORT · Jun 30 '26

AI captions · Oct 19 '26once per report · top 2 per case

Linked exposure

BKNG report session

Customers 2

HHyatt Hotels×0.43 CHHChoice Hotels International×0.39

× = co-movement · max 500dSource: SEC filings · market data

Latest changes

30 daysAll changes

Oct 20impliedImplied move: ±6.7% into Nov 3 earnings (Oct 20 close).Source

Oct 13impliedImplied move: ±5.5% into Oct 27 earnings (Oct 13 close).Source

Oct 6report dateEarnings date confirmed: Nov 3, after close.Source

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.