Blackstone Unusual Options Activity For November 11

Financial giants have made a conspicuous bullish move on Blackstone. Our analysis of options history for Blackstone (NYSE:BX) revealed 35 unusual trades.

Delving into the details, we found 57% of traders were bullish, while 34% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $348,049, and 27 were calls, valued at $1,349,735.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $130.0 to $230.0 for Blackstone over the last 3 months.

Volume & Open Interest Trends

Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $130.0 to $230.0 in the last 30 days.

Blackstone 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
BX PUT SWEEP BULLISH 01/17/25 $4.9 $4.65 $4.65 $175.00 $93.0K 308 225
BX CALL SWEEP BEARISH 01/17/25 $6.3 $6.1 $6.1 $190.00 $91.5K 1.1K 219
BX CALL SWEEP BULLISH 05/16/25 $2.74 $2.01 $2.74 $230.00 $87.4K 10 319
BX CALL TRADE NEUTRAL 01/17/25 $54.8 $53.7 $54.25 $130.00 $86.8K 3.3K 34
BX CALL TRADE BULLISH 07/18/25 $57.8 $55.95 $57.23 $130.00 $85.8K 26 25

About Blackstone

Blackstone is the world's largest alternative-asset manager with $1.076 trillion in total asset under management, including $808.7 billion in fee-earning assets under management, at the end of June 2024. The company has four core business segments: private equity (25% of fee-earning AUM and 28% of base management fees), real estate (37% and 42%), credit and insurance (29% and 23%), and multi-asset investing (9% and 7%). 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 in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).

Where Is Blackstone Standing Right Now? With a trading volume of 1,286,347, the price of BX is up by 2.97%, reaching $182.74. Current RSI values indicate that the stock is may be overbought. Next earnings report is scheduled for 73 days from now. What The Experts Say On Blackstone

In the last month, 5 experts released ratings on this stock with an average target price of $169.0.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from UBS persists with their Neutral rating on Blackstone, maintaining a target price of $160. * Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Blackstone with a target price of $155. * An analyst from B of A Securities persists with their Buy rating on Blackstone, maintaining a target price of $192. * An analyst from Goldman Sachs has decided to maintain their Neutral rating on Blackstone, which currently sits at a price target of $150. * Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for Blackstone, targeting a price of $188.

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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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