Big Players' Recent Trades in Blackstone Options

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

Looking at options history for Blackstone BX we detected 15 trades.

If we consider the specifics of each trade, it is accurate to state that 13% of the investors opened trades with bullish expectations and 86% with bearish.

From the overall spotted trades, 8 are puts, for a total amount of $397,516 and 7, calls, for a total amount of $293,049.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $90.0 to $125.0 for Blackstone 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 Blackstone'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 Blackstone's whale activity within a strike price range from $90.0 to $125.0 in the last 30 days.

Blackstone Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

About Blackstone

Blackstone is the world's largest alternative asset managers with $1.001 trillion in total asset under management, including $731.1 billion in fee-earning asset under management, at the end of June 2023. The company has four core business segments: private equity (23% of fee-earning AUM and 27% of base management fees); real estate (39% and 44%); credit & insurance (28% and 21%); and hedge fund solutions (10% and 8%). 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 located in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).

Following our analysis of the options activities associated with Blackstone, we pivot to a closer look at the company's own performance.

Present Market Standing of Blackstone

• Trading volume stands at 1,216,165, with BX's price up by 0.31%, positioned at $111.71.
• RSI indicators show the stock to be may be overbought.
• Earnings announcement expected in 56 days.

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 Blackstone options trades with real-time alerts from Benzinga Pro.