February 2026 Options for Blackstone Mortgage Trust (BXMT) Now Open for Trading
Put Contract Overview: The $18.00 put contract for BXMT has a bid of 5 cents, allowing investors to buy shares at a cost basis of $17.95, which is an 11% discount from the current price of $20.25. There is a 78% chance the contract may expire worthless, offering a potential 0.28% return on cash commitment.
Call Contract Overview: The $21.00 call contract has a bid of 5 cents, and if shares are purchased at $20.25 and the call is sold, it could yield a 3.95% return if exercised by February 2026. There is a 61% chance this contract may also expire worthless, providing a potential 0.25% additional return.
Volatility Insights: The implied volatility for the put contract is 39%, while the call contract has an implied volatility of 30%. The actual trailing twelve-month volatility is calculated at 24%.
YieldBoost Concept: Both the put and call contracts offer a "YieldBoost," with the put providing a 1.58% annualized return and the call offering a 1.41% annualized return if they expire worthless.
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- Earnings Release Schedule: Blackstone Mortgage Trust plans to publish its Q1 2026 earnings on April 29, 2026, and file its Form 10-Q pre-market, demonstrating the company's commitment to transparency and timely information disclosure.
- Conference Call Details: The company will host a conference call at 9:00 AM ET on the same day to review financial results, aiming to enhance market confidence and investor relations through direct communication with stakeholders.
- Investment Strategy Overview: Blackstone Mortgage Trust focuses on loans related to commercial real estate in North America, Europe, and Australia, aiming to preserve shareholder capital while generating attractive risk-adjusted returns through current income, reflecting its robust investment management strategy.
- Asset Management Scale: As the world's largest alternative asset manager, Blackstone oversees $1.3 trillion in assets, showcasing its significant influence and resource integration capabilities in the global investment market.

- Earnings Release Announcement: Blackstone Mortgage Trust has announced the release of its earnings for the first quarter of 2026.
- Conference Call Details: The company will hold a conference call to discuss the earnings results, providing insights and updates to stakeholders.
- Transaction Completion: Alexander & Baldwin (A&B) announced the completion of its acquisition by a joint venture formed by MW Group, Blackstone Real Estate, and DivcoWest, with a total enterprise value of approximately $2.3 billion, including outstanding debt, marking the company's transition to private ownership.
- Shareholder Returns: Under the merger agreement, A&B common shareholders will receive $21.20 per share in cash at closing, resulting in a net payment of $20.85 after applicable withholding taxes and the fourth quarter 2025 dividend, ensuring stable returns for shareholders.
- Market Impact: Following the completion of the transaction, A&B's common stock ceased trading on the New York Stock Exchange, indicating a strategic shift towards focusing on long-term growth in the private market, which may affect its future financing strategies and market positioning.
- Advisory Team: BofA Securities served as A&B's exclusive financial advisor, while Skadden and other legal advisors provided legal support for the transaction, highlighting the complexity and professionalism involved, which enhances investor confidence in the deal.
- Acquisition Transaction Completed: Alexander & Baldwin (A&B) announced the completion of its acquisition by a joint venture formed by MW Group, Blackstone Real Estate, and DivcoWest, with an enterprise value of approximately $2.3 billion, marking the company's transition to a private entity and boosting investor confidence in its future development.
- Shareholder Compensation Plan: Under the merger agreement, A&B common shareholders will receive $21.20 per share in cash, resulting in a net payment of $20.85 after applicable taxes, ensuring shareholder interests are met while potentially attracting more investor attention towards the company's future privatization strategy.
- Market Impact: Following the completion of the transaction, A&B's common stock has ceased trading on the New York Stock Exchange, indicating the company's focus on long-term strategic development and leveraging its commercial real estate advantages in Hawaii to further solidify its market position.
- Advisory Team Support: BofA Securities served as A&B's exclusive financial advisor, while legal support was provided by firms like Skadden, showcasing the transaction's professionalism and complexity, thereby enhancing market trust in the deal.
- Transaction Overview: Alexander and Baldwin have engaged in a significant private transaction valued at $2.3 billion.
- Implications of the Deal: This transaction may have substantial implications for the company's future operations and market position.
- Market Reaction: The announcement has likely influenced investor sentiment and stock performance in the real estate sector.
- Future Prospects: Analysts are expected to evaluate the long-term benefits and challenges arising from this major financial move.







