Blackstone Unusual Options Activity For December 31

Comments
Loading...

Deep-pocketed investors have adopted a bullish approach towards Blackstone BX, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BX usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 23 extraordinary options activities for Blackstone. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 60% leaning bullish and 30% bearish. Among these notable options, 18 are puts, totaling $1,003,825, and 5 are calls, amounting to $1,762,145.

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 $130.0 and $180.0 for Blackstone, spanning the last three months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Blackstone options trades today is 963.86 with a total volume of 7,301.00.

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 $130.0 to $180.0 over the last 30 days.

Blackstone Option Activity Analysis: Last 30 Days

Options Call Chart

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
BX CALL TRADE BULLISH 03/21/25 $6.9 $6.45 $6.85 $180.00 $1.3M 1.9K 2.0K
BX CALL TRADE BEARISH 01/17/25 $40.1 $37.2 $38.35 $135.00 $279.9K 1.3K 0
BX PUT SWEEP BULLISH 03/21/25 $11.1 $10.6 $10.6 $175.00 $209.8K 1.6K 561
BX PUT SWEEP BULLISH 03/21/25 $13.85 $12.4 $13.2 $180.00 $70.7K 702 56
BX PUT SWEEP BULLISH 03/21/25 $13.6 $13.05 $13.21 $180.00 $70.0K 702 110

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.

Present Market Standing of Blackstone

  • With a volume of 554,586, the price of BX is up 0.42% at $172.77.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 23 days.

What The Experts Say On Blackstone

5 market experts have recently issued ratings for this stock, with a consensus target price of $192.0.

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. * An analyst from Wells Fargo downgraded its action to Equal-Weight with a price target of $195. * An analyst from Piper Sandler has decided to maintain their Neutral rating on Blackstone, which currently sits at a price target of $179. * An analyst from TD Cowen has elevated its stance to Buy, setting a new price target at $230. * An analyst from BMO Capital persists with their Market Perform rating on Blackstone, maintaining a target price of $157. * Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on Blackstone with a target price of $199.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Blackstone with Benzinga Pro for real-time alerts.

Overview Rating:
Good
62.5%
Technicals Analysis
100
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!