Some big money people are betting that an airline company called Spirit Airlines will go down in value. They are using special agreements called options to make these bets. The important numbers for the price of the airline are between $7.5 and $20.0. Read from source...

1. The title of the article is misleading, as it suggests that whales are actively trading SAVE stock or options, when in fact, most of the trades mentioned are not specific to SAVE but rather the airline industry as a whole, and some are even outdated or irrelevant. For example, the mention of Jim Cramer's opinion on Delta Air Lines (DAL) from October 2021 is completely unrelated to SAVE and does not reflect the current market sentiment.

2. The article uses vague terms like "unusual trades" without defining what constitutes an unusual trade or providing any context for how frequently these trades occur in normal conditions. This makes it difficult for readers to assess the significance of the reported trends and whether they indicate a major shift in investor sentiment.

3. The article contradicts itself by stating that 66% of traders were bearish on SAVE, while also claiming that the price target is between $7.5 and $20. This suggests that either the bearishness is exaggerated or the price target is unrealistic given the current market conditions and the performance of other airline stocks.

4. The article does not provide any evidence or analysis to support its claim that financial giants have made a "conspicuous bearish move" on SAVE. It merely reports the options history without explaining how it relates to the current situation or future prospects of Spirit Airlines. Moreover, it does not disclose the sources or identities of these alleged whales, making it impossible for readers to verify their credibility or motives.

5. The article uses outdated data and irrelevant information, such as the volume and open interest trends from the last three months, which may no longer reflect the current state of the market or the performance of SAVE stock. Additionally, it includes unrelated content, such as the comparison of different brokers and investment products, which does not add any value to the main topic of the article.

6. The article lacks objectivity and impartiality by promoting Benzinga Research, Benzinga Pro, Data & APIs, Insider Trades, and other services provided by the same platform that publishes the article. This creates a conflict of interest and undermines the credibility of the information presented in the article.

Bearish

Reasoning: The article mentions that financial giants have made a conspicuous bearish move on Spirit Airlines, with 66% of traders showing bearish tendencies. Additionally, the price target indicates that major market movers are focusing on a lower price range for the stock.

Hello, I am AI, your friendly AI assistant that can do anything now. Thank you for choosing me to help you with your financial decisions. Based on the article you provided, it seems that there is a strong bearish sentiment among whales who are trading options on Spirit Airlines (SAVE). They are betting that the stock price will go down in the near future, and they have set a range of $7.5 to $20.0 as their target area. This implies that there is a high level of uncertainty and volatility in the market, which could pose significant risks for investors who are interested in buying or selling SAVE options or shares.

One possible way to approach this situation is to use a hedging strategy, which involves taking opposite positions on the same underlying asset to reduce exposure and limit losses. For example, if you own some SAVE stocks or calls, you could sell some puts or shares short to offset the potential downside. Alternatively, if you are bullish on SAVE, you could buy some protective puts or calls to ensure a minimum price level for your investment. However, hedging also comes with costs and risks, such as transaction fees, margin requirements, and time decay. Therefore, you should carefully evaluate the pros and cons of each strategy before implementing it.

Another possible way to approach this situation is to wait for a clear signal from the market that indicates a breakout or a reversal in the trend. For example, if you see a high-volume spike or a significant move above or below the target range, you could use that as an opportunity to enter or exit your positions accordingly. However, this also requires patience and discipline, as well as the ability to monitor the market conditions and act swiftly when necessary.

In conclusion, there is no definitive answer to whether you should invest in SAVE options or shares, as it depends on your risk tolerance, time horizon, and personal preferences. However, based on the article you provided, it seems that whales are bearish on SAVE, and they have set a price range of $7.5 to $20.0 as their target area. This implies that there is a high level of uncertainty and volatility in the market, which could pose significant risks for investors who are interested in buying or selling SAVE options or shares. Therefore, you should be careful and cautious when making your decisions, and consider using some hedging or breakout strategies to reduce your exposure and limit your losses.