Looking At Blackstone's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Blackstone (NYSE:BX), indicating a bullish stance by a large investor or institution. The overall sentiment among these big-money traders is split between 54% bullish and 45% bearish. The options trades have targeted a price range from $80.0 to $110.0 for Blackstone over the last 3 months. The current price of BX is down -1.61% at $98.59. Several financial institutions have maintained their ratings on Blackstone, with price targets ranging from $97 to $118.
August 11, 2023 | 6:45 pm
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POSITIVE IMPACT
Unusual options activity has been observed for Blackstone, indicating a bullish stance by a large investor or institution. This could potentially impact the stock's price in the short term.
The unusual options activity indicates that a large investor or institution is taking a bullish stance on Blackstone. This could potentially lead to increased buying pressure, which could drive the stock's price up in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100