Blackstone Unusual Options Activity

Financial giants have made a conspicuous bearish move on Blackstone. Our analysis of options history for Blackstone BX revealed 9 unusual trades.

Delving into the details, we found 11% of traders were bullish, while 88% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $178,948, and 5 were calls, valued at $253,713.

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What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $120.0 to $135.0 for Blackstone over the last 3 months.

Insights into Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Blackstone's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Blackstone's significant trades, within a strike price range of $120.0 to $135.0, over the past month.

Blackstone Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
BX CALL SWEEP BEARISH 05/17/24 $120.00 $86.4K 1 68
BX PUT TRADE BEARISH 05/17/24 $120.00 $57.5K 316 0
BX CALL SWEEP NEUTRAL 05/17/24 $120.00 $49.9K 1 251
BX CALL SWEEP BEARISH 05/17/24 $120.00 $49.2K 1 1
BX PUT SWEEP BULLISH 04/12/24 $120.00 $46.9K 13 172

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).

In light of the recent options history for Blackstone, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is Blackstone Standing Right Now?

  • Currently trading with a volume of 866,065, the BX's price is down by -0.57%, now at $122.72.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 30 days.

Professional Analyst Ratings for Blackstone

1 market experts have recently issued ratings for this stock, with a consensus target price of $147.0.

  • An analyst from B of A Securities has decided to maintain their Buy rating on Blackstone, which currently sits at a price target of $147.

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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