Looking At Morgan Stanley's Recent Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bearish stance on Morgan Stanley.

Looking at options history for Morgan Stanley MS we detected 12 strange trades.

If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 58% with bearish.

From the overall spotted trades, 9 are puts, for a total amount of $626,847 and 3, calls, for a total amount of $129,383.

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 $72.5 to $90.0 for Morgan Stanley over the last 3 months.

Volume & Open Interest Development

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 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 activity within a strike price range from $72.5 to $90.0 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 NEUTRAL 05/12/23 $88.00 $278.8K 2.4K 791
MS PUT SWEEP BEARISH 05/05/23 $88.00 $89.9K 168 2
MS CALL TRADE BULLISH 05/19/23 $90.00 $67.5K 14.8K 510
MS PUT SWEEP BEARISH 01/19/24 $80.00 $43.5K 16.7K 138
MS PUT SWEEP BULLISH 05/12/23 $88.00 $42.5K 2.4K 285

Where Is Morgan Stanley Standing Right Now?

  • With a volume of 4,090,698, the price of MS is up 0.1% at $88.15.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 78 days.

What The Experts Say On Morgan Stanley:

  • Evercore ISI Group has decided to maintain their Outperform rating on Morgan Stanley, which currently sits at a price target of $104.
  • Oppenheimer has decided to maintain their Outperform rating on Morgan Stanley, which currently sits at a price target of $103.
  • Barclays has decided to maintain their Overweight rating on Morgan Stanley, which currently sits at a price target of $112.
  • Citigroup has decided to maintain their Neutral rating on Morgan Stanley, which currently sits at a price target of $95.
  • Wells Fargo has decided to maintain their Equal-Weight rating on Morgan Stanley, which currently sits at a price target of $85.

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.

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Posted In: OptionsMarketsBZI-UOA
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