Blackstone Unusual Options Activity For November 11

Written By Michael Gary Scott

Financial giants have made a conspicuous bullish move on Blackstone. Our analysis of options history for Blackstone 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

Options Call Chart

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).

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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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* 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.

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