Morgan Stanley Unusual Options Activity For April 02

Author: Benzinga Insights | April 02, 2024 02:46pm

Whales with a lot of money to spend have taken a noticeably bullish stance on Morgan Stanley.

Looking at options history for Morgan Stanley (NYSE:MS) we detected 10 trades.

If we consider the specifics of each trade, it is accurate to state that 60% of the investors opened trades with bullish expectations and 40% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $768,928 and 4, calls, for a total amount of $227,491.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $85.0 to $100.0 for Morgan Stanley over the last 3 months.

Analyzing Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Morgan Stanley's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Morgan Stanley's substantial trades, within a strike price spectrum from $85.0 to $100.0 over the preceding 30 days.

Morgan Stanley Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
MS	PUT	SWEEP	BULLISH	06/20/25	$6.65	$6.55	$6.65	$85.00	$294.7K	1.4K	447
MS	PUT	TRADE	BULLISH	06/20/25	$7.65	$6.5	$6.53	$85.00	$212.8K	1.4K	1.5K
MS	PUT	SWEEP	BULLISH	06/20/25	$6.6	$6.45	$6.56	$85.00	$146.6K	1.4K	825
MS	CALL	SWEEP	BEARISH	10/18/24	$4.25	$4.2	$4.24	$100.00	$97.3K	399	242
MS	PUT	TRADE	BULLISH	06/20/25	$6.8	$6.5	$6.55	$85.00	$49.7K	1.4K	1.2K

About Morgan Stanley

Morgan Stanley is a global investment bank whose history, through its legacy firms, can be traced back to 1924. The company has institutional securities, wealth management, and investment management segments. The company had over $4 trillion of client assets as well as over 80,000 employees at the end of 2022. Approximately 50% of the company's net revenue is from its institutional securities business, with the remainder coming from wealth and investment management. The company derives about 30% of its total revenue outside the Americas.

In light of the recent options history for Morgan Stanley, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Current Position of Morgan Stanley

• With a volume of 3,141,870, the price of MS is down -0.89% at $92.7.
• RSI indicators hint that the underlying stock may be approaching overbought.
• Next earnings are expected to be released in 14 days.

What Analysts Are Saying About Morgan Stanley

In the last month, 3 experts released ratings on this stock with an average target price of $96.0.

• An analyst from HSBC persists with their Hold rating on Morgan Stanley, maintaining a target price of $100.
• An analyst from Oppenheimer persists with their Outperform rating on Morgan Stanley, maintaining a target price of $97.
• Reflecting concerns, an analyst from RBC Capital lowers its rating to Sector Perform with a new price target of $91.

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.

Posted In: MS