Investors with a lot of money to spend have taken a bearish stance on Morgan Stanley MS.
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 MS, 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 13 uncommon options trades for Morgan Stanley.
This isn't normal.
The overall sentiment of these big-money traders is split between 38% bullish and 46%, bearish.
Out of all of the special options we uncovered, 8 are puts, for a total amount of $437,258, and 5 are calls, for a total amount of $182,264.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $87.5 to $105.0 for Morgan Stanley over the recent three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Morgan Stanley options trades today is 1602.75 with a total volume of 2,166.00.
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 $87.5 to $105.0 over the last 30 days.
Morgan Stanley Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MS | PUT | SWEEP | BULLISH | 06/28/24 | $1.1 | $1.08 | $1.1 | $97.00 | $87.6K | 284 | 0 |
| MS | PUT | SWEEP | BULLISH | 06/28/24 | $0.68 | $0.66 | $0.67 | $96.00 | $61.7K | 311 | 50 |
| MS | PUT | SWEEP | NEUTRAL | 09/20/24 | $9.5 | $9.45 | $9.5 | $105.00 | $52.2K | 476 | 77 |
| MS | PUT | SWEEP | NEUTRAL | 09/20/24 | $9.75 | $9.7 | $9.75 | $105.00 | $51.6K | 476 | 187 |
| MS | PUT | TRADE | BULLISH | 09/20/24 | $9.4 | $9.3 | $9.3 | $105.00 | $51.1K | 476 | 22 |
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 with approximately 45% of net revenue from its institutional securities business, 45% from wealth management, and 10% from investment management. About 30% of its total revenue is from outside the Americas. The company had over $5 trillion of client assets as well as around 80,000 employees at the end of 2023.
After a thorough review of the options trading surrounding Morgan Stanley, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Morgan Stanley
- With a trading volume of 2,453,713, the price of MS is down by -0.87%, reaching $96.59.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 25 days from now.
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 Morgan Stanley, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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