Looking At Blackstone's Recent Unusual Options Activity

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

Looking at options history for Blackstone BX we detected 10 trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 30% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $431,690 and 7, calls, for a total amount of $267,307.

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 $150.0 to $210.0 for Blackstone over the last 3 months.

Analyzing Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Blackstone's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Blackstone's substantial trades, within a strike price spectrum from $150.0 to $210.0 over the preceding 30 days.

Blackstone Option Activity Analysis: Last 30 Days

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
BX PUT TRADE BULLISH 01/17/25 $4.9 $4.7 $4.7 $185.00 $170.1K 968 363
BX PUT SWEEP BEARISH 02/21/25 $8.0 $7.5 $8.0 $185.00 $164.8K 390 208
BX PUT TRADE BULLISH 02/21/25 $11.35 $10.75 $10.75 $190.00 $96.7K 181 90
BX CALL SWEEP BULLISH 05/16/25 $22.25 $21.05 $22.25 $175.00 $55.6K 103 25
BX CALL TRADE BULLISH 12/20/24 $33.05 $31.55 $32.53 $155.00 $52.0K 648 16

About Blackstone

Blackstone is the world's largest alternative-asset manager with $1.108 trillion in total asset under management, including $820.5 billion in fee-earning assets under management, at the end of September 2024. The company has four core business segments: private equity (25% of fee-earning AUM and 30% of base management fees), real estate (35% and 39%), credit and insurance (31% and 24%), and multi-asset investing (9% and 7%). 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).

After a thorough review of the options trading surrounding Blackstone, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Blackstone's Current Market Status

  • Currently trading with a volume of 1,197,717, the BX's price is up by 2.94%, now at $190.79.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 44 days.

What Analysts Are Saying About Blackstone

Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $203.66666666666666.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on Blackstone with a target price of $199. * In a positive move, an analyst from TD Cowen has upgraded their rating to Buy and adjusted the price target to $230. * An analyst from Deutsche Bank has decided to maintain their Buy rating on Blackstone, which currently sits at a price target of $182.

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

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