Market Whales and Their Recent Bets on Blackstone Options

Whales with a lot of money to spend have taken a noticeably bearish stance on Blackstone.

Looking at options history for Blackstone BX we detected 25 trades.

If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 60% with bearish.

From the overall spotted trades, 16 are puts, for a total amount of $2,942,847 and 9, calls, for a total amount of $677,490.

Latest Startup Investment Opportunities:

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $90.0 to $145.0 for Blackstone over the last 3 months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Blackstone options trades today is 4286.84 with a total volume of 42,783.00.

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 $90.0 to $145.0 over the last 30 days.

Blackstone 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
BX PUT SWEEP BEARISH 05/17/24 $3.95 $3.6 $3.83 $120.00 $789.2K 1.0K 6
BX PUT TRADE BULLISH 06/21/24 $0.98 $0.85 $0.87 $100.00 $783.0K 38.0K 9.0K
BX CALL SWEEP BEARISH 04/19/24 $2.55 $2.44 $2.43 $130.00 $265.7K 3.4K 469
BX PUT TRADE NEUTRAL 06/21/24 $1.17 $0.57 $0.86 $100.00 $257.9K 38.0K 12.0K
BX PUT TRADE NEUTRAL 03/21/25 $7.1 $6.7 $6.9 $105.00 $207.0K 378 300

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).

Having examined the options trading patterns of Blackstone, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Where Is Blackstone Standing Right Now?

  • Currently trading with a volume of 1,826,783, the BX's price is down by -2.4%, now at $127.88.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 16 days.

Expert Opinions on Blackstone

Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $147.0.

  • Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on Blackstone with a target price 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
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