A Closer Look at Blackstone's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Investors have taken a bearish stance on Blackstone (NYSE:BX), with significant options trades indicating a potential price range of $115.0 to $125.0. The sentiment is predominantly bearish, with 66% of the trades being puts. Blackstone's stock is currently down by 3.32%, trading at $117.18.
May 29, 2024 | 3:01 pm
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Investors have taken a bearish stance on Blackstone (NYSE:BX), with 66% of recent options trades being puts. The stock is currently down by 3.32%, trading at $117.18.
The significant volume of bearish options trades (66% puts) suggests that investors expect Blackstone's stock price to decline. The current trading price of $117.18, down by 3.32%, aligns with this sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100