Smart Money Is Betting Big In Morgan Stanley Options
Portfolio Pulse from Benzinga Insights
Smart money investors have shown a bearish stance on Morgan Stanley (NYSE:MS), with options trading indicating a split sentiment of 20% bullish and 60% bearish. Notable options activity includes a mix of calls and puts with a focus on a price band between $50.0 and $100.0. The trading volume of MS is up by 1.44%, with a current price of $93.42, and the stock may be approaching overbought territory. The next earnings report is scheduled in 84 days.

April 23, 2024 | 4:15 pm
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Smart money's bearish stance and heavy options trading activity on Morgan Stanley indicate potential volatility. The stock's recent uptick and approach to overbought territory could see short-term price movements.
The bearish sentiment among significant investors, coupled with the stock's current performance and the nearing of an overbought condition, suggests a potential for short-term price decline. The focus on a specific price band in options trading further underscores the anticipation of price movements within this range.
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