Investors with a lot of money to spend have taken a bearish stance on Blackstone (NYSE:BX).

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BX, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 10 options trades for Blackstone.

This isn't normal.

The overall sentiment of these big-money traders is split between 40% bullish and 60%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $26,229, and 9, calls, for a total amount of $781,218.

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 $95.0 to $135.0 for Blackstone during the past quarter.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Blackstone options trades today is 2512.25 with a total volume of 824.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Blackstone's big money trades within a strike price range of $95.0 to $135.0 over the last 30 days.

Blackstone Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

About Blackstone

After a thorough review of the options trading surrounding Blackstone, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Current Position of Blackstone

• Trading volume stands at 988,995, with BX's price down by -0.11%, positioned at $123.23.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 76 days.

Professional Analyst Ratings for Blackstone

In the last month, 5 experts released ratings on this stock with an average target price of $125.2.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Blackstone, Benzinga Pro gives you real-time options trades alerts.