Someone with a lot of money to spend has taken a bullish stance on Morgan Stanley (NYSE:MS).
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.
Morgan Stanley (NYSE:MS) has outperformed the market over the past 10 years by 5.97% on an annualized basis producing an average annual return of 17.53%. Currently, Morgan Stanley has a market capitalization of $143.39 billion.
From March 2020 through its collapse in March 2021, Archegos Capital Management, headed by Sung Kook (Bill) Hwang and partners, entered into a manipulative scheme that increased Archego’s bottom line from around $4 billion to $36 billion, according to a SEC lawsui
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.