Blackstone's Options Frenzy: What You Need to Know

Financial giants have made a conspicuous bearish move on Blackstone. Our analysis of options history for Blackstone BX revealed 10 unusual trades.

Delving into the details, we found 40% of traders were bullish, while 60% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $340,409, and 4 were calls, valued at $364,310.

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Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $95.0 to $130.0 for Blackstone over the recent three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Blackstone's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Blackstone's whale activity within a strike price range from $95.0 to $130.0 in the last 30 days.

Blackstone Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
BX CALL TRADE BULLISH 01/17/25 $130.00 $134.0K 2.5K 103
BX CALL TRADE NEUTRAL 06/21/24 $120.00 $123.1K 3.2K 111
BX PUT TRADE BEARISH 04/19/24 $120.00 $108.5K 10.5K 350
BX PUT SWEEP BEARISH 09/20/24 $95.00 $97.0K 10 462
BX CALL SWEEP BULLISH 04/19/24 $125.00 $71.0K 698 170

About Blackstone

Blackstone is the world's largest alternative-asset manager with $1.040 trillion in total asset under management, including $762.6 billion in fee-earning assets under management, at the end of 2023. The company has four core business segments: private equity (22% of fee-earning AUM and 28% of base management fees), real estate (39% and 43%), credit and insurance (29% and 21%), and hedge fund solutions (10% and 8%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).

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.

Blackstone's Current Market Status

  • Currently trading with a volume of 863,917, the BX's price is up by 0.05%, now at $125.17.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 52 days.

What The Experts Say On Blackstone

A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $140.0.

  • An analyst from UBS persists with their Buy rating on Blackstone, maintaining a target price of $140.

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 Blackstone options trades with real-time alerts from Benzinga Pro.

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BXBlackstone Inc
$140.852.24%

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