A whale with a lot of money to spend has taken a noticeably bearish stance on Morgan Stanley.
Looking at options history for Morgan Stanley (NYSE:MS) we detected 13 strange trades.
If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 53% with bearish.
From the overall spotted trades, 9 are puts, for a total amount of $789,633 and 4, calls, for a total amount of $174,853.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $70.0 to $120.0 for Morgan Stanley over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Morgan Stanley's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Morgan Stanley's whale activity within a strike price range from $70.0 to $120.0 in the last 30 days.
Morgan Stanley Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MS | PUT | TRADE | BEARISH | 11/18/22 | $70.00 | $420.0K | 3.7K | 2.1K |
| MS | PUT | SWEEP | BULLISH | 11/18/22 | $72.50 | $92.2K | 1.4K | 330 |
| MS | PUT | SWEEP | BEARISH | 10/14/22 | $120.00 | $85.8K | 0 | 10 |
| MS | CALL | SWEEP | BULLISH | 01/20/23 | $70.00 | $75.2K | 6.2K | 98 |
| MS | PUT | TRADE | BEARISH | 10/14/22 | $120.00 | $42.6K | 0 | 10 |
Where Is Morgan Stanley Standing Right Now?
- With a volume of 1,617,948, the price of MS is down -1.66% at $77.11.
- RSI indicators hint that the underlying stock may be approaching oversold.
- Next earnings are expected to be released in 3 days.
What The Experts Say On Morgan Stanley:
- Credit Suisse has decided to maintain their Outperform rating on Morgan Stanley, which currently sits at a price target of $97.
- Goldman Sachs has decided to maintain their Buy rating on Morgan Stanley, which currently sits at a price target of $93.
- Atlantic Equities downgraded its action to Neutral with a price target of $85
- Deutsche Bank has decided to maintain their Hold rating on Morgan Stanley, which currently sits at a price target of $92.
- Goldman Sachs has decided to maintain their Buy rating on Morgan Stanley, which currently sits at a price target of $94.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Morgan Stanley, Benzinga Pro gives you real-time options trades alerts.
