Stocks

Bullish Options Activity Surrounds Blackstone (NYSE: BX)

Published January 1, 2025

Recent activity in the options market suggests that well-capitalized investors are taking a bullish stance on Blackstone (BX). This is an important trend that market participants should pay attention to. Our analysis of options records has revealed notable movements that could indicate significant changes ahead for Blackstone.

According to our findings, there were 23 unusual options activities for Blackstone highlighted today. This level of activity is higher than what is typically observed.

The sentiment among these prominent investors seems mixed, with approximately 60% of them leaning bullish while about 30% appear bearish. Specifically, among the options movements detected, there are 18 put options with a total value of $1,003,825, contrasted with 5 call options amounting to $1,762,145.

Expected Price Movements

Analysis of trading volumes and open interest reveals that prominent market players are anticipating price movements for Blackstone within a range between $130.0 and $180.0 over the past three months.

Insights into Volume and Open Interest

Today's trading data indicates that Blackstone options trades have a mean open interest of 963.86 and a total volume of 7,301.00.

In the following sections, we'll delve deeper into the volume and open interest trends for Blackstone’s options trades covering strike prices ranging from $130.0 to $180.0 over the last month.

Blackstone Options Activity Analysis: 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
BX CALL TRADE BULLISH 03/21/25 $6.9 $6.45 $6.85 $180.00 $1.3M 1.9K 2.0K
BX CALL TRADE BEARISH 01/17/25 $40.1 $37.2 $38.35 $135.00 $279.9K 1.3K 0
BX PUT SWEEP BULLISH 03/21/25 $11.1 $10.6 $10.6 $175.00 $209.8K 1.6K 561
BX PUT SWEEP BULLISH 03/21/25 $13.85 $12.4 $13.2 $180.00 $70.7K 702 56
BX PUT SWEEP BULLISH 03/21/25 $13.6 $13.05 $13.21 $180.00 $70.0K 702 110

About Blackstone

Blackstone is recognized as the largest alternative-asset manager globally, managing a total of $1.108 trillion in assets as of September 2024. This includes $820.5 billion in fee-earning assets. The firm operates across four primary business segments: private equity, real estate, credit and insurance, and multi-asset investing. Blackstone's clientele primarily consists of institutional investors, though it also accommodates high-net-worth clients. The company operates through various offices across the Americas, Europe, the Middle East, and the Asia-Pacific regions.

After reviewing options trading activities related to Blackstone, it’s essential to assess the company’s current market position.

Present Market Standing of Blackstone

  • BX is trading at $172.77, with a slight increase of 0.42%.
  • Relative Strength Index (RSI) indicators suggest that the stock is nearing oversold conditions.
  • The upcoming earnings report is anticipated within 23 days.

What Experts Say About Blackstone

Five market analysts recently provided their insights on the stock, with a consensus target price set at $192.0. Specific ratings include:

  • An analyst from Wells Fargo has downgraded their rating to Equal-Weight with a price target of $195.
  • A Piper Sandler analyst has maintained a Neutral rating with a target price of $179.
  • TD Cowen raised their rating to Buy and set a new price target at $230.
  • BMO Capital retains a Market Perform rating with a target price of $157.
  • Barclays continues with an Equal-Weight rating and a target price of $199.

Trading options can carry risks but also offers opportunities for significant returns. Experienced traders tend to manage these risks through continuous learning, strategic adjustments, and by being in tune with market movements. Keep updated with the latest options trading activities involving Blackstone.

Blackstone, Options, Investors, Activity, Market