Check Out What Whales Are Doing With BLK
Someone with a lot of money to spend has taken a bearish stance on BlackRock (NYSE: BLK ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with BLK, it often means somebody knows something is about to happen. Today, Benzinga''s options scanner spotted 11 options trades for BlackRock. This isn''t normal. The overall sentiment of these big-money traders is split between 27% bullish and 72%, bearish. Out of all of the options we uncovered, 10 are puts, for a total amount of $509,824, and there was 1 call, for a total amount of $30,450. What''s The Price Target? Taking into account the Volume … Full story available on Benzinga.com
Check Out What Whales Are Doing With BLK
Someone with a lot of money to spend has taken a bearish stance on BlackRock (NYSE: BLK ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with BLK, it often means somebody knows something is about to happen. Today, Benzinga''s options scanner spotted 11 options trades for BlackRock. This isn''t normal. The overall sentiment of these big-money traders is split between 27% bullish and 72%, bearish. Out of all of the options we uncovered, 10 are puts, for a total amount of $509,824, and there was 1 call, for a total amount of $30,450. What''s The Price Target? Taking into account the Volume … Full story available on Benzinga.com