Booking Holdings Inc. (BKNG) IV/HV History
Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.
Booking Holdings Inc. (BKNG) operates in the Consumer Cyclical sector, specifically the Travel Services industry, with a market capitalization near $120.13B, listed on NASDAQ, employing roughly 24,500 people, carrying a beta of 1.10 to the broader market. Booking Holdings Inc. Led by Glenn D. Fogel, public since 1999-03-31.
Snapshot as of May 15, 2026.
- Spot Price
- $153.63
- ATM IV
- 40.1%
- HV 20-Day
- 39.9%
- HV 60-Day
- 43.5%
- IV Rank
- 61.9%
- IV Percentile
- 85.3%
As of May 15, 2026, Booking Holdings Inc. (BKNG) ATM implied volatility is 40.1%. 20-day realized volatility is 39.9%, producing an IV-HV spread of +0.2 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 61.9%.
How BKNG iv/hv history Data Feeds Strategy Selection
Strategy selection on Booking Holdings Inc. options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 40.1% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the iv/hv history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how implied vs realized volatility is reported and how to read the data →
Frequently asked BKNG iv/hv history questions
- Is BKNG options pricing rich or cheap right now?
- As of May 15, 2026, Booking Holdings Inc. (BKNG) ATM IV is 40.1% against 20-day realized volatility of 39.9%. IV rank is 61.9%. BKNG options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 0.2 vol points.
- What is the BKNG variance risk premium?
- The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. BKNG is currently priced consistently with this premium, which is one input to whether short-vol or long-vol structures carry their typical edge.
- What does BKNG IV rank mean for strategy selection?
- IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. BKNG's current rank of 61.9% signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.