Looking At Blackstone's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed in Blackstone (NYSE:BX), with 80% of big-money traders taking a bearish stance. The overall sentiment is split between 20% bullish and 80% bearish, with whales targeting a price range of $75 to $120 for Blackstone over the last 3 months.
June 07, 2023 | 5:31 pm
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Blackstone has seen unusual options activity, with 80% of big-money traders taking a bearish stance. Whales are targeting a price range of $75 to $120 for the stock.
The unusual options activity in Blackstone, with 80% of big-money traders being bearish, indicates that there may be a negative sentiment towards the stock in the short term. This could potentially lead to a decrease in the stock price, especially if the bearish sentiment is based on some undisclosed information that these traders may have access to.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100