Let me first look up the ticker for Booking.com and then fetch its option chain.Booking.com is operated by Booking Holdings Inc. Let me look that up.Now let me fetch the option chain for BKNG. Today is 2026-07-20, so ~30 days out would be around August 21, 2026.The option chain data is from 2026-07-16. Let me look for the closest expiry to ~30 days from today (2026-07-20), which would be around August 21, 2026. The available expiries near that are 2026-08-21 (36 days). Let me now extract the relevant strikes and calculate premium per day.

Let me load the stock price to get context, then compute the premium per day.BKNG Option Premium Per Day — August 21, 2026 Expiry (36 DTE)

BKNG last price: $181.68 (July 17 close). The Aug 21 expiry is 36 days out as of the chain date (July 16). ATM is roughly the 180–185 strike area.

ATM straddle at 180–185: selling both the call and put would collect roughly $0.48–$0.55/day in total premium. Deep ITM calls (160–170 strike) offer $0.48–$0.70/day, while OTM puts at 190+ start picking up toward $0.39–$0.81/day as they go deeper ITM.

Let me find the Aug 21 expiry put strikes around 20% below the current price (~$145 area) and create a chart showing premium per day across all available strikes, using 0 where there's no bid.

Loading chart...Here's the key finding: OTM puts at strikes ~20% below current price (the ~$145 area) generate essentially nothing.

BKNG Aug 21 Put Premium Per Day by Strike (36 DTE, spot ~$182)

The market for BKNG puts is virtually dead below the 140 strike. At the 20% OTM level (~$145), you're looking at about 3 cents per day — that's roughly $1 per contract per day. Even at 140, same story. The first strike that shows any bid is 140, and it's razor thin.

Bottom line: selling puts 20% below current price on BKNG is not a viable strategy at this 36-day tenor. The options market simply doesn't price in BKNG dropping to $145 in a month, so there are no bidders. If you want any meaningful premium selling puts on BKNG, you need to be within ~10–12% of spot — around the 160–165 strike area — where you start to see $0.07–$0.09/day.

Let me pull the option chain again and extract puts around the 20% OTM level (~$145 strike) across all available expirations up to ~1 year.This is going to be very large computationally. Let me extract the key data: for puts around the 20% OTM area (~$145) across expirations up to 1 year. Let me be more strategic and pull just what we need.Now let me create the chart. Let me reshape for charting.

Loading chart...Here's the reality for selling OTM puts ~20% below BKNG (~$140–150 strikes):

BKNG Put Premium Per Day — 20% OTM Strikes Across All Expiries

The bottom line is stark: selling puts 20% below BKNG yields essentially nothing across every expiration out to 18 months. Even stretching to January 2028 (554 days), you'd collect at most 2–3 cents per day on the $140–145 strikes. That's $2–$3 per contract per day — on a ~$182 stock, that's not even worth the margin requirement.

The options market simply assigns negligible probability to BKNG trading at $145 or below across any timeframe. If you want premium from put selling on BKNG, you need to be within ~10% of spot, around the $160–$165 area, where you start getting $0.07–$0.14/day depending on tenor.