27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Someone with a lot of money to spend has taken a bullish stance on Morgan Stanley (NYSE:MS).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with MS, it often means somebody knows something is about to happen.
So how do we know what this whale just did?
Today, Benzinga's options scanner spotted 11 uncommon options trades for Morgan Stanley.
This isn't normal.
The overall sentiment of these big-money traders is split between 63% bullish and 36%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $407,497, and 5 are calls, for a total amount of $5,886,252.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $60.0 to $85.0 for Morgan Stanley during the past quarter.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Morgan Stanley options trades today is 4920.11 with a total volume of 5,559.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Morgan Stanley's big money trades within a strike price range of $60.0 to $85.0 over the last 30 days.
Morgan Stanley Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MS | CALL | TRADE | BEARISH | 11/17/23 | $60.00 | $5.4M | 3 | 0 |
| MS | CALL | SWEEP | BULLISH | 01/19/24 | $80.00 | $344.2K | 6.5K | 1.9K |
| MS | PUT | SWEEP | BULLISH | 01/19/24 | $70.00 | $161.6K | 12.1K | 2.1K |
| MS | PUT | SWEEP | BULLISH | 01/19/24 | $70.00 | $92.0K | 12.1K | 0 |
| MS | PUT | SWEEP | BULLISH | 12/15/23 | $75.00 | $68.0K | 16.2K | 461 |
Present Market Standing of Morgan Stanley
- Currently trading with a volume of 2,175,655, the MS's price has up by 0.26%, now at $75.71. RSI readings suggest the stock is currently is currently neutral between overbought and oversold. Anticipated earnings release is in 69 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Morgan Stanley options trades with real-time alerts from Benzinga Pro.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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