Check Out What Whales Are Doing With Morgan Stanley

Check Out What Whales Are Doing With Morgan Stanley

Someone with a lot of money to spend has taken a bullish stance on Morgan Stanley 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 21 uncommon options trades for Morgan Stanley.

This isn't normal.

The overall sentiment of these big-money traders is split between 52% bullish and 47%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $278,270, and 18 are calls, for a total amount of $818,019.

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 $40.0 to $120.0 for Morgan Stanley over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Morgan Stanley'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 Morgan Stanley's whale trades within a strike price range from $40.0 to $120.0 in the last 30 days.

Morgan Stanley Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

 

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
MS PUT TRADE BEARISH 03/17/23 $80.00 $190.0K 1.2K 1.1K
MS CALL SWEEP BEARISH 12/16/22 $85.00 $85.5K 2.8K 100
MS CALL SWEEP BULLISH 12/16/22 $85.00 $71.8K 2.8K 223
MS CALL TRADE BULLISH 01/19/24 $92.50 $58.9K 648 93
MS CALL TRADE BEARISH 01/19/24 $92.50 $58.7K 648 138

Where Is Morgan Stanley Standing Right Now?

  • With a volume of 4,085,483, the price of MS is down -0.19% at $92.89.
  • RSI indicators hint that the underlying stock may be overbought.
  • Next earnings are expected to be released in 47 days.

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 Morgan Stanley, Benzinga Pro gives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets