A big article talks about how some smart people are betting a lot of money on something called "options" of a company named Riot Platforms. Options are things you can buy or sell that let you control stock, but they are riskier and can make more money than just buying the stock itself. The article also mentions what some experts think about Riot Platforms' price in the future and how to follow their trades if you want to learn from them. Read from source...

1. The title is misleading and clickbait-like. It suggests that "smart money" (i.e., institutional investors) are heavily betting on Riot Platforms' options, implying a high level of confidence in the stock's future performance. However, this does not necessarily mean that these investors have a positive outlook on the company or its prospects. It could also be a way to hedge their existing positions or exploit short-term price movements. A more accurate title would be something like "Some Investors Are Buying Riot Platforms' Options, But That Doesn't Mean They Are Smart Or Bullish".
2. The article does not provide any evidence or data to support the claim that smart money is betting big in Riot Platforms' options. It cites an unnamed analyst from Cantor Fitzgerald who lowered his rating from Overweight to Overweight, and a price target that is only slightly lower than the current market price. These are not indicators of significant institutional interest or conviction. Moreover, the article does not mention any other sources or metrics that could corroborate this claim, such as options volume, open interest, delta, gamma, vega, etc.
3. The article focuses on options trading, which is a risky and complex strategy that requires advanced knowledge and skills. It assumes that the average reader can understand and replicate these strategies, without providing any context or guidance. This could lead to confusion, misunderstanding, and poor investment decisions. A more appropriate approach would be to explain the basics of options trading, the pros and cons, and the risks involved, before discussing specific cases like Riot Platforms.
4. The article promotes Benzinga Pro as a service that provides real-time options trades alerts for Riot Platforms. This is a blatant example of self-promotion and advertising disguised as journalism. It does not offer any value or insight to the reader, other than trying to persuade them to subscribe to a paid service. A more ethical and professional way would be to disclose any affiliation or partnership with Benzinga Pro, and to provide objective and unbiased information that is relevant and useful to the reader.

1. Riot Platforms (NASDAQ:RIOT) is a cryptocurrency mining company that has seen significant growth in its stock price and options volume in recent months. The article suggests that smart money is betting big on RIOT options, as evidenced by the high open interest and large strikes being traded. This indicates that institutional investors are likely involved in these trades, which could mean a higher likelihood of a positive outcome for the stock.
2. The price target of $18 for Riot Platforms is based on several factors, including the company's strong financial position, its low-cost production capabilities, and its exposure to Bitcoin's price movements. However, this price target may be subject to change depending on market conditions and the performance of other cryptocurrency miners.
3. Options trading involves a high level of risk and is not suitable for all investors. Investors should carefully consider their financial situation, investment objectives, and risk tolerance before engaging in options trading. Additionally, investors should be aware that options trading can result in significant losses as well as gains, and that past performance does not guarantee future results.
4. Serious options traders should follow several best practices to manage their risk, such as educating themselves daily on the market movements and trends, scaling in and out of trades based on their risk tolerance and profit targets, using multiple indicators to validate their trade ideas, and closely monitoring the markets for any changes or news that could impact their positions.
5. Benzinga Pro provides real-time options alerts for Riot Platforms and other cryptocurrency miners, which can help investors stay updated on the latest trades and potential opportunities in this space. Investors should consider subscribing to Benzinga Pro if they are interested in pursuing options trading strategies for Riot Platforms or other cryptocurrency-related securities.
6. The article does not provide any specific investment recommendations, but rather highlights the recent trends and interest in Riot Platforms from smart money and institutional investors. Therefore, investors should conduct their own due diligence and analysis before making any investment decisions based on this information.