Some rich people who know a lot about money are not sure if Bristol-Myers Squibb, a big company that makes medicine, will do well in the future. So they are betting money on something called options, which lets them say how much money they can make or lose depending on what happens to the company's stock price. They are mostly betting that the stock price will go down, so they can make money if their guess is right. Read from source...
- The title is misleading and clickbait. It implies that smart money (i.e., institutional or professional investors) is betting big in BMY options, but the article does not provide any evidence or data to support this claim. In fact, it shows that whales have taken a bearish stance on BMY, which contradicts the title's implication.
- The article is poorly written and lacks coherence. It jumps from one topic to another without explaining the connection or relevance. For example, it mentions insider trades, but does not elaborate on what they are or how they relate to BMY options. It also switches between referring to Bristol-Myers Squibb as a company and an options symbol, which is confusing for readers.
- The article uses vague and ambiguous terms, such as "whales", "smart money", and "unusual options activity". These terms do not have clear definitions or criteria, and they are often used to create a sense of mystery and intrigue without providing any valuable information. They also imply that the author has some insider knowledge or access to exclusive data, which is not credible or trustworthy.
- The article does not provide any analysis or insight into the BMY options market or the factors influencing it. It simply reports on the number and type of trades detected by Benzinga's algorithm, without explaining what they mean or how they affect the stock price. It also fails to mention any relevant news, events, or catalysts that could impact BMY's performance or outlook.
- The article ends with a call to action for readers to make a comment, but it does not provide any context or purpose for this request. Why should readers comment on the article? What kind of feedback is the author looking for? How will this help the readers or the author? These questions are left unanswered and create a sense of confusion and frustration for the reader.