Investors with a lot of money to spend have taken a bullish stance on BlackRock BLK.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BLK, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 27 uncommon options trades for BlackRock.
This isn't normal.
The overall sentiment of these big-money traders is split between 48% bullish and 22%, bearish.
Out of all of the special options we uncovered, 5 are puts, for a total amount of $192,240, and 22 are calls, for a total amount of $1,272,775.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $270.0 to $1100.0 for BlackRock during the past quarter.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in BlackRock's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to BlackRock's substantial trades, within a strike price spectrum from $270.0 to $1100.0 over the preceding 30 days.
BlackRock Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BLK | CALL | TRADE | NEUTRAL | 01/17/25 | $78.8 | $71.5 | $74.57 | $920.00 | $223.7K | 79 | 30 |
| BLK | CALL | TRADE | BEARISH | 01/16/26 | $118.6 | $114.7 | $114.7 | $980.00 | $137.6K | 50 | 12 |
| BLK | CALL | SWEEP | NEUTRAL | 03/21/25 | $12.7 | $10.0 | $10.09 | $1100.00 | $100.6K | 319 | 100 |
| BLK | CALL | TRADE | BULLISH | 03/21/25 | $10.0 | $8.3 | $10.0 | $1100.00 | $100.0K | 319 | 200 |
| BLK | CALL | TRADE | NEUTRAL | 01/17/25 | $724.4 | $717.4 | $720.34 | $270.00 | $72.0K | 3 | 1 |
About BlackRock
BlackRock is the largest asset manager in the world, with $11.475 trillion in assets under management at the end of September 2024. Its product mix is fairly diverse, with 55% of managed assets in equity strategies, 26% in fixed income, 9% in multi-asset classes, 7% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the US and Canada.
BlackRock's Current Market Status
- Currently trading with a volume of 462,134, the BLK's price is down by -2.19%, now at $990.52.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 8 days.
Professional Analyst Ratings for BlackRock
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $1209.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for BlackRock, targeting a price of $1261. * Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for BlackRock, targeting a price of $1220. * An analyst from Citigroup has decided to maintain their Buy rating on BlackRock, which currently sits at a price target of $1200. * Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for BlackRock, targeting a price of $1155.
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 BlackRock, Benzinga Pro gives you real-time options trades alerts.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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