High Options Trading Volume for Nike, Blackstone, and Morgan Stanley

A report highlights significant options trading activity for Nike, Blackstone, and Morgan Stanley, indicating investor sentiment and potential future stock price volatility as volumes reflect substantial portions of their average daily trading volumes.

Date: 11-09-2024

AI Rating: 6

The report indicates significant options trading activity for three companies: Nike (NKE), Blackstone Inc (BX), and Morgan Stanley (MS), with each demonstrating notable volumes relative to their average daily trading. This activity may hint at anticipated volatility or investor sentiment regarding these stocks.

Nike (NKE): Today, 53,110 contracts were traded for NKE, amounting to approximately 5.3 million underlying shares, which is 47.3% of its average daily volume of 11.2 million shares. The $80 strike call option showed particularly strong interest, with 2,667 contracts representing about 266,700 underlying shares. This high volume in calls may suggest bullish sentiment among investors, potentially driving up the stock price if the trend persists.

Blackstone Inc (BX): The options trading recorded was 13,303 contracts today, almost 1.3 million underlying shares and 47.1% of BX’s usual trading volume of 2.8 million shares. The $138 strike put option had 1,911 contracts traded, indicative of either hedging strategies or bearish outlooks. Such a significant put volume could suggest that investors may anticipate a decline in BX’s stock price.

Morgan Stanley (MS): Options trading shows 21,155 contracts today, corresponding to about 2.1 million underlying shares, which is 44.9% of MS’s average daily volume of 4.7 million shares. The $95 strike put option experienced high interest, with 1,668 contracts traded, further indicating possible bearish sentiments that could pressure the stock downwards.

Overall, the substantial volume of both call and put options may lead to increased volatility for these stocks moving forward, with Nike leaning more towards bullish and both Blackstone and Morgan Stanley showing signs of bearish sentiment. Investors should closely monitor further options activity and earnings reports for these companies to gauge future performance.

Stocks: NKE BX MS