Deep-pocketed investors have adopted a bearish approach towards Morgan Stanley MS, 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 MS usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for Morgan Stanley. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 25% leaning bullish and 75% bearish. Among these notable options, 2 are puts, totaling $149,020, and 10 are calls, amounting to $564,592.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $75.0 to $97.5 for Morgan Stanley during the past quarter.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for Morgan Stanley options trades today is 4015.09 with a total volume of 2,165.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Morgan Stanley's big money trades within a strike price range of $75.0 to $97.5 over the last 30 days.
Morgan Stanley Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MS | CALL | SWEEP | BEARISH | 01/19/24 | $77.50 | $158.0K | 5.1K | 100 |
| MS | PUT | SWEEP | BEARISH | 04/19/24 | $87.50 | $121.3K | 1.4K | 458 |
| MS | CALL | SWEEP | BEARISH | 03/15/24 | $90.00 | $73.0K | 4.4K | 286 |
| MS | CALL | SWEEP | BEARISH | 01/19/24 | $97.50 | $57.9K | 4.0K | 611 |
| MS | CALL | TRADE | BULLISH | 02/16/24 | $75.00 | $55.0K | 855 | 30 |
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.
Morgan Stanley's Current Market Status
- With a trading volume of 1,327,522, the price of MS is up by 0.17%, reaching $92.57.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 21 days from now.
What The Experts Say On Morgan Stanley
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $88.33333333333333.
- An analyst from Goldman Sachs persists with their Buy rating on Morgan Stanley, maintaining a target price of $100.
- Reflecting concerns, an analyst from Societe Generale lowers its rating to Hold with a new price target of $80.
- An analyst from RBC Capital has revised its rating downward to Sector Perform, adjusting the price target to $85.
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 Morgan Stanley with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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