A whale with lots of money to spend has taken a markedly bullish stance on black stone.
A look at options history for Blackstone Bx we have detected 33 strange trades.
Looking at the specifics of each trade, it is correct to say that 75% of investors opened trades with bullish expectations and 24% with bearish expectations.
Of all the transactions identified, 9 are puts, for a total amount of $541,138 and 24 are calls, for a total amount of $1,559,675.
What is the target price?
Given the volume and open interest on these contracts, it appears that whales have been targeting a price range of $25.0 to $135.0 for Blackstone over the past 3 months.
Development of volume and open interest
Reviewing volume and open interest is an insightful way to perform due diligence on a security.
This data can help you track the liquidity and interest of Blackstone options for a given strike price.
Below we can see the evolution of call and put volume and open interest, respectively, for all of Blackstone’s whale business within a strike price range of 25, $0 to $135.0 in the last 30 days.
Blackstone Options Volume and Open Interest in the Last 30 Days
The biggest options spotted:
|symbol||PUT/CALL||Kind of trade||Feeling||Exp. Dated||Strike price||Total trade price||open interest||Volume|
|Bx||CALL||TO SWEEP UP||BULLISH||06/17/22||$100.00||$185,000||724||80|
|Bx||TO PUT||TO SWEEP UP||BULLISH||09/16/22||$125.00||$172,500||116||111|
|Bx||TO PUT||TO SWEEP UP||BULLISH||09/16/22||$125.00||$153,900||116||194|
Where is Blackstone right now?
- With a volume of 4,987,888, the price of BX is up 3.3% to $119.88.
- RSI indicators suggest that the underlying stock could be close to overbought.
- The next results should be published in 35 days.
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