Blackstone Unusual Options Activity For May 18
Portfolio Pulse from Benzinga Insights
A whale has taken a bearish stance on Blackstone (NYSE:BX) with 63% of detected unusual options trades being bearish. The total amount for puts is $540,082, while calls amount to $192,636. Analysts have mixed price targets for Blackstone, ranging from $70 to $109.
May 18, 2023 | 8:47 pm
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A whale has taken a bearish stance on Blackstone with 63% of detected unusual options trades being bearish. Analysts have mixed price targets for Blackstone, ranging from $70 to $109.
The bearish stance taken by a whale with a significant amount of money to spend indicates a potential short-term negative impact on Blackstone's stock price. The mixed price targets from analysts also contribute to the uncertainty surrounding the stock's short-term performance.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100