This Is What Whales Are Betting On Blackstone
Portfolio Pulse from Benzinga Insights
A large bearish position on Blackstone (NYSE:BX) has been noticed on publicly available options history. The overall sentiment of big-money traders is split between 48% bullish and 51% bearish. Whales have been targeting a price range from $80.0 to $125.0 for Blackstone over the last 3 months.
June 02, 2023 | 3:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A large bearish position has been noticed on Blackstone (NYSE:BX) options history, with big-money traders sentiment split between 48% bullish and 51% bearish.
The large bearish position on Blackstone's options history indicates that someone with significant funds is expecting the stock price to decline. This could lead to a short-term negative impact on the stock price, especially if other investors follow suit. The sentiment split between bullish and bearish traders also adds uncertainty to the stock's short-term performance.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100