Financial giants have made a conspicuous bullish move on Morgan Stanley. Our analysis of options history for Morgan Stanley MS revealed 11 unusual trades.
Delving into the details, we found 54% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $424,730, and 3 were calls, valued at $410,050.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $97.5 for Morgan Stanley, spanning the last three months.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Morgan Stanley's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Morgan Stanley's significant trades, within a strike price range of $60.0 to $97.5, over the past month.
Morgan Stanley 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MS | CALL | TRADE | NEUTRAL | 09/20/24 | $60.00 | $339.1K | 166 | 395 |
| MS | PUT | SWEEP | BULLISH | 05/17/24 | $90.00 | $74.9K | 1.7K | 75 |
| MS | PUT | SWEEP | BULLISH | 05/17/24 | $95.00 | $67.2K | 342 | 60 |
| MS | PUT | TRADE | BULLISH | 05/17/24 | $95.00 | $61.6K | 342 | 60 |
| MS | PUT | SWEEP | NEUTRAL | 05/17/24 | $97.50 | $60.0K | 2.1K | 45 |
About Morgan Stanley
Morgan Stanley is a global investment bank whose history, through its legacy firms, can be traced back to 1924. The company has institutional securities, wealth management, and investment management segments. The company had over $4 trillion of client assets as well as over 80,000 employees at the end of 2022. Approximately 50% of the company's net revenue is from its institutional securities business, with the remainder coming from wealth and investment management. The company derives about 30% of its total revenue outside the Americas.
Following our analysis of the options activities associated with Morgan Stanley, we pivot to a closer look at the company's own performance.
Current Position of Morgan Stanley
- With a volume of 2,615,142, the price of MS is down -3.17% at $84.11.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 64 days.
What Analysts Are Saying About Morgan Stanley
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $100.0.
- In a cautious move, an analyst from JP Morgan downgraded its rating to Neutral, setting a price target of $87.
- An analyst from Oppenheimer persists with their Outperform rating on Morgan Stanley, maintaining a target price of $109.
- An analyst from BMO Capital has decided to maintain their Outperform rating on Morgan Stanley, which currently sits at a price target of $107.
- Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Morgan Stanley with a target price of $106.
- An analyst from Keefe, Bruyette & Woods has revised its rating downward to Market Perform, adjusting the price target to $91.
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 Morgan Stanley options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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