Key points:
- Market whales are big investors who buy or sell large amounts of stocks or options.
- They made some unusual trades on 3M, which is a company that makes many products like masks and tape.
- Some market whales think 3M's price will go down, while others think it will go up.
- The big players are focusing on a range of prices from $50 to $115 for 3M in the next few months. Read from source...

- The title is misleading as it implies that only "market whales" are betting on MMM options, while the article mentions 3M (NYSE:MMM) and does not provide any evidence of who these market whales are.
- The article uses vague terms like "unusual trades", "bearish tendencies", "projected price targets" without explaining how they were calculated or what criteria was used to define them as unusual or bearish.
- The article fails to mention any potential reasons behind the options activity, such as news, earnings, rumors, technical analysis, etc., and instead focuses on speculating about the intentions of the traders without any factual basis.
- The article contradicts itself by stating that 36% of traders were bullish, while also claiming that 64% showed bearish tendencies, which does not add up to 100%. This could be a simple error or a deliberate attempt to mislead the readers.
- The article uses outdated data from the past quarter, while the options market is constantly changing and evolving, making the analysis irrelevant and unreliable for current investors.

To answer your question, I have analyzed the article and the options market data to provide you with some comprehensive investment recommendations and risks associated with them. Here are my findings:

- The overall sentiment in the options market for 3M is bearish, as indicated by the higher percentage of bearish trades (64%) compared to bullish ones (36%). This suggests that most market participants expect the stock price to decline or remain stagnant in the near future.
- The projected price target range from $50.0 to $115.0 is quite wide, indicating a high level of uncertainty and volatility in the options market. This means that there is no clear consensus among traders about where 3M's stock price will be heading, and that any significant news or events could potentially trigger large movements in either direction.
- The volume and open interest data show that there has been a notable increase in liquidity and interest for 3M's options during the past quarter. This implies that more investors are actively trading these contracts, which could also contribute to higher volatility and price swings. Moreover, the large number of unusual trades (25) indicates that some market whales have been making sizable bets on 3M's options, possibly with significant implications for the stock price.
- Based on these findings, I would recommend that you consider adopting a cautious approach when investing in 3M's options, as the risk of losing money is relatively high due to the bearish sentiment, wide price target range, and increased market activity. Some possible strategies that could help you mitigate some of the risks are:

- Using a stop-loss order to limit your potential losses if the stock price moves against your position.
- Implementing a hedging strategy by selling call or put options to generate income and reduce your exposure to downside risk.
- Diversifying your portfolio by investing in other sectors or assets that are less correlated with 3M's stock performance, such as gold, bonds, or foreign currencies.