High-rolling investors have positioned themselves bullish on BlackRock BLK, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in BLK often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for BlackRock. This is not a typical pattern.
The sentiment among these major traders is split, with 62% bullish and 25% bearish. Among all the options we identified, there was one put, amounting to $51,671, and 7 calls, totaling $532,804.
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 $600.0 and $1060.0 for BlackRock, spanning the last three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for BlackRock options trades today is 128.0 with a total volume of 937.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for BlackRock's big money trades within a strike price range of $600.0 to $1060.0 over the last 30 days.
BlackRock 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BLK | CALL | SWEEP | BULLISH | 12/13/24 | $10.0 | $6.8 | $10.0 | $1060.00 | $160.0K | 415 | 302 |
| BLK | CALL | TRADE | BULLISH | 12/13/24 | $10.2 | $7.0 | $10.2 | $1060.00 | $101.9K | 415 | 402 |
| BLK | CALL | TRADE | BULLISH | 12/20/24 | $80.0 | $75.1 | $80.0 | $980.00 | $80.0K | 158 | 10 |
| BLK | CALL | SWEEP | BEARISH | 12/13/24 | $13.3 | $9.0 | $9.0 | $1060.00 | $70.2K | 415 | 80 |
| BLK | PUT | SWEEP | BULLISH | 12/13/24 | $5.2 | $5.1 | $5.1 | $1042.50 | $51.6K | 54 | 0 |
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.
Current Position of BlackRock
- Currently trading with a volume of 152,995, the BLK's price is up by 1.1%, now at $1057.89.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 31 days.
What Analysts Are Saying About BlackRock
In the last month, 2 experts released ratings on this stock with an average target price of $1176.5.
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. * An analyst from Deutsche Bank persists with their Buy rating on BlackRock, maintaining a target price of $1133. * Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on BlackRock with a target price of $1220.
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.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
