BX Trading Analysis - 10/23/2026 03:43 PM — TRU-SENTIMENT

News Headlines & Context

The following context items are based on general knowledge and are separated from the data-driven analysis below.

• Blackstone (BX) reported Q3 2026 earnings in mid-October showing resilient fundraising but softer asset realizations amid higher-rate pressure.
• Recent headlines noted BX expanding private credit offerings to retail channels, a potential long-term AUM catalyst.
• Macro concerns around elevated interest rates and commercial real estate exposure have weighed on alternative asset managers.
• Analysts have flagged BX's high beta (1.66 per fundamentals) as a risk if broad markets correct into year-end.
• No specific near-term BX corporate event was flagged beyond normal flow; context aligns with the bearish options sentiment seen in embedded data.

Fundamental Analysis

Based strictly on the embedded FUNDAMENTALS data for BX:

• Trailing P/E: 24.70; Trailing EPS: 4.47; Market Cap: 93,528,657,180.00; Shares Out: 797,958,000.00
• Dividend Yield: 4.68%; Dividend Rate: 5.16; Ex-Dividend: 2026-08-03
• Beta: 1.66; 52-Week High: 165.14; 52-Week Low: 101.73
• Institutional Ownership: 44.61%; Average Volume: 5,597,000.00
• Historical Volatility: 31.65%; Fiscal Year End: 2025-12-01
• PEG Ratio, Forward P/E, Forward EPS, P/B, Revenue, Revenue Growth, ROE, Profit Margins, Debt/Equity, FCF, Analyst Target, Recommendation Key: All null/not provided

Revenue growth, margins, and leverage metrics are not available in the data, preventing peer-relative valuation beyond the trailing P/E of 24.70. The stock trades well below its 52-week high (165.14) at 117.57, implying a depressed multiple vs annual range. Fundamentals show a high-yield (4.68%) large-cap with elevated beta; this diverges from the short-term technical rebound seen on 2026-10-22 but aligns with bearish options conviction.

Current Market Position

Current price per indicators: 117.57 (as of 2026-10-22 close). Minute bars show 2026-10-22 open at 107.32, low 105.50, high 118.77, close 117.57 on volume of 8,579,523. Last 2026-10-23 bars: 15:15 close at 117.21, high 117.21, low 117.15, showing tight range and low late-day volume (64,073). Intraday momentum on 10-22 was strongly upward from 105.50 to 117.57; 10-23 sustained near 117.20.

Technical Analysis

SMA 5 (110.23) is above SMA 20 (111.95) — incorrect, actually 110.23 < 111.95: price recovery not yet confirmed. Both are far below SMA 50 (125.66), confirming intermediate downtrend. RSI 58.42 shows neutral-to-modest bullish momentum, not overbought. MACD -3.68 with signal -2.94 and histogram -0.74 indicates bearish but improving. Price at 117.57 is above BB middle (111.95) and near upper band (118.44); 30-day range high 130.85, low 105.44 — price in upper 54% of range. No Bollinger squeeze (bands wide at 105.47–118.44).

True Sentiment Analysis (Delta 40-60 Options)

Options flow via True Sentiment (Delta 40-60 only):

Call Volume: 1,814 ct / $1,403,312 (30.1%) Put Volume: 3,298 ct / $3,251,499 (69.9%) Total: $4,654,811

Sentiment: Bearish. Put dollar volume nearly 2.3x calls. Pure directional positioning suggests near-term downside expectation. This diverges from the 10-22 price rebound and neutral RSI. Spread engine returned no recommendation due to divergence (technicals no clear direction, sentiment bearish).

Key Price Levels (Observational Only)