A Closer Look at BlackRock's Options Market Dynamics

Investors, often referred to as "whales" due to their significant capital, have adopted a distinctly bearish outlook on BlackRock. This bearish sentiment is evident in the options trading history for BlackRock (BLK), where we identified a total of 14 trades.

Examining these trades closely, it becomes clear that approximately 42% of investors initiated trades with optimistic expectations—meaning they anticipated a price increase—while 57% opted for trades that indicate a negative outlook on the stock.

Out of the identified trades, there were 3 put options, amounting to a total value of $298,011, and 11 call options, bringing the total for those transactions to $433,330.

Projected Price Targets

By analyzing the volume and open interest in these options, it appears that major players are targeting a price range for BlackRock between $800.00 to $1055.00 over the last quarter. This information provides insight into the market's expectations for the stock's performance within a specified timeframe.

Analyzing Volume & Open Interest

Currently, the average open interest for BlackRock's options stands at 58.7, with total volume hitting 210.00. The following chart illustrates the trend of both call and put option volume and open interest for significant trades in BlackRock, specifically within the strike prices ranging from $800.00 to $1055.00 over the past 30 days.

BlackRock Call and Put Volume: 30-Day Overview

Data and visual representation of the 30-day call and put option volume can further elucidate market trends and investor preferences.

Noteworthy Options Activity:

Symbol	PUT/CALL	Trade Type	Sentiment	Expiration Date	Ask Price	Bid Price	Trade Price	Strike Price	Total Trade Price	Open Interest	Volume
BLK	PUT	SWEEP	BEARISH	03/21/25	$50.60	$46.70	$47.70	$1000.00	$186.00K	37	39
BLK	CALL	SWEEP	BEARISH	01/15/27	$279.80	$276.30	$276.88	$820.00	$110.70K	0	5
BLK	PUT	SWEEP	BEARISH	03/21/25	$57.10	$56.50	$57.10	$1020.00	$68.50K	28	0
BLK	CALL	SWEEP	BEARISH	12/20/24	$57.00	$53.00	$53.00	$980.00	$53.00K	202	20
BLK	CALL	TRADE	BEARISH	12/20/24	$96.00	$90.10	$90.10	$950.00	$45.00K	90	10

About BlackRock

BlackRock is recognized as the world's largest asset manager, boasting $11.475 trillion in assets under management as of September 2024. Its investment strategies are diverse—55% of managed assets are in equity strategies, 26% in fixed income, 9% in multi-asset classes, 7% in money market funds, and 3% in alternatives. The majority of its long-term assets under management (AUM), about two-thirds, are in passive strategies, and its ETF platform holds a leading market share both locally and globally. The firm’s clientele is predominantly institutional, which constitutes around 80% of its AUM, and it serves clients in more than 100 countries, with a substantial portion of assets sourced from investors outside the U.S. and Canada.

Now that we have reviewed the options trading dynamics for BlackRock, let's turn our focus to the company's current market position and performance.

BlackRock's Current Market Status

• BlackRock's stock is currently trading at $1012.03, reflecting a decline of -0.23% with a volume of 587,223 shares.
• Current Relative Strength Index (RSI) values suggest the stock may be nearing the overbought territory.
• The next earnings report is anticipated in 65 days.

What Analysts Are Saying About BlackRock

In the past month, five industry analysts have weighed in on BlackRock's stock, with an average target price of $1044.20 suggested across their analyses.

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A seasoned options trader with two decades of experience reveals a single-line chart technique that highlights precise buying and selling moments. By mirroring his trades, which have yielded an average profit of 27% every 20 days, investors can potentially achieve similar returns. Click here for access. * An analyst from JP Morgan has maintained a Neutral rating on BlackRock with a price target set at $914. Another from TD Cowen holds a Buy rating with a price target of $1077. An analyst from Evercore ISI Group has an Outperform rating with a price target of $1040. Wells Fargo continues with an Overweight rating targeting $1070, while an analyst from Barclays retains an Overweight rating aiming for a price of $1120.

Options trading presents a higher risk compared to direct stock trading, yet it also offers greater profit potential. Serious options traders mitigate this risk through continuous education, carefully managing their trades, considering multiple indicators, and staying attuned to market changes.

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BlackRock, Options, Market