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A Closer Look at BlackRock's Options Market Dynamics
Significant investors, often referred to as "whales," have recently shown a notably bearish outlook on BlackRock. Recent analysis of the options trading history for BlackRock (NYSE: BLK) has revealed a total of 14 trades.
When looking at the specifics of these trades, it appears that 42% of investors engaged in trades with a bullish outlook, while 57% adopted a bearish stance. This indicates a stronger inclination toward a negative perspective on the stock.
From the trades recorded, 3 involved put options amounting to $298,011, while 11 were call options for a total of $433,330.
Projected Price Targets
By analyzing the volume and open interest associated with these contracts, it seems that institutional investors are targeting a price range for BlackRock between $800.0 and $1055.0 over the past quarter.
Analyzing Volume & Open Interest
Currently, the average open interest for BlackRock's options stands at 58.7, with the total volume hitting 210.00. A chart illustrating the changes in both call and put option volumes and open interest for significant trades within the strike price range from $800.0 to $1055.0 has been compiled for the last 30 days.
BlackRock Call and Put Volume: 30-Day Overview
This section provides an overview of the trading activity pertaining to BlackRock options over the past month.
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BLK | PUT | SWEEP | BEARISH | 03/21/25 | $50.6 | $46.7 | $47.7 | $1000.00 | $186.0K | 37 | 39 |
| BLK | CALL | SWEEP | BEARISH | 01/15/27 | $279.8 | $276.3 | $276.88 | $820.00 | $110.7K | 0 | 5 |
| BLK | PUT | SWEEP | BEARISH | 03/21/25 | $57.1 | $56.5 | $57.1 | $1020.00 | $68.5K | 28 | 0 |
| BLK | CALL | SWEEP | BEARISH | 12/20/24 | $57.0 | $53.0 | $53.0 | $980.00 | $53.0K | 202 | 20 |
| BLK | CALL | TRADE | BEARISH | 12/20/24 | $96.0 | $90.1 | $90.1 | $950.00 | $45.0K | 90 | 10 |
About BlackRock
BlackRock is recognized as the world’s largest asset manager, with a staggering $11.475 trillion in assets under management as of September 2024. Their diverse portfolio predominantly consists of 55% in equity strategies, 26% in fixed income, 9% in multi-asset classes, 7% in money market funds, and 3% in alternative investments. Approximately two-thirds of their long-term assets under management fall under passive strategies, with the company’s ETF offerings holding a leading market position both domestically and globally. A significant portion of their product distribution caters to institutional clients, who represent about 80% of their assets under management. Geographically, BlackRock operates with clients in over 100 countries, with more than a third of their managed assets coming from outside the United States and Canada.
Now that we have explored the options trading behavior related to BlackRock, let's focus on the current market status of the company.
BlackRock's Current Market Status
- The trading volume stands at 587,223, with the current price of BLK at $1012.03, reflecting a slight decline of -0.23%.
- Indicators signal that the stock may be entering overbought territory.
- The next earnings report is anticipated in 65 days.
What Analysts Are Saying About BlackRock
In the past month, five analysts have provided insights regarding BlackRock, setting an average price target of $1044.2.
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JP Morgan continues to hold a Neutral rating on BlackRock and has a price target of $914. TD Cowen has maintained a Buy rating with a target of $1077. Evercore ISI Group has also kept an Outperform rating with a price target of $1040. Meanwhile, Wells Fargo remains positive with an Overweight rating and a target of $1070, and Barclays has an Overweight rating as well, pegging a price target of $1120.
Investing in options carries more risk compared to traditional stock trading, but offers greater potential rewards. Successful options traders often minimize their risk through ongoing education, scaling their trades, and staying attuned to market trends.
The importance of staying updated on options trading for BlackRock cannot be overstated. Investors can utilize resources to receive real-time alerts on options trades.
BlackRock, Options, Trading