Some people who have a lot of money think that Bristol-Myers Squibb, a big company that makes medicine, will do well in the future. They are buying something called "options" which is a way to bet on how much the stock price will change. Most of these rich people expect the price to go up, but some think it might go down. This can be important for smaller investors who want to know what big money thinks about the company. Read from source...

- The article starts with a vague statement that "investors with a lot of money to spend have taken a bullish stance on Bristol-Myers Squibb" without providing any evidence or data to support this claim. This is an example of a biased and unsubstantiated assertion that tries to influence the reader's opinion without giving them any factual basis to form their own judgment.
- The article then claims that "retail traders should know" about these big-money trades, implying that they are missing out on some important information or opportunity if they don't follow this news. This is an example of a manipulative and emotional appeal that tries to create a sense of urgency and FOMO (fear of missing out) among the readers, without giving them any reasons why they should care about these trades or what they imply for the stock performance.
- The article then mentions that "we noticed this today when the trades showed up on publicly available options history that we track here at Benzinga". This is an example of a self-serving and irrelevant statement that tries to promote the website's services without adding any value or insight to the topic of the article. It also contradicts the previous claim that retail traders should know about these trades, since they are already publicly available and not exclusive to Benzinga's subscribers.
- The article then repeats the same vague statement that "these are institutions or just wealthy individuals" without providing any proof or explanation for how they identified these investors or what their motives were. This is another example of a biased and unsubstantiated assertion that tries to create a sense of authority and credibility for the article, without giving any facts or evidence to back it up.
- The article then introduces the options scanner as a source of information, but does not explain how it works, what parameters it uses, or how reliable or accurate it is. This is an example of a shady and questionable method that tries to use a mysterious and unverified tool to support its claims, without giving any details or transparency about its performance or validity.
- The article then reveals the overall sentiment of these big-money traders as 62% bullish and 37% bearish, without providing any context, time frame, or comparison for these numbers. This is another example of a vague and meaningless statement that tries to create a sense of excitement and interest for the reader, without giving them any useful information or guidance on how to interpret or act on this data.

The article has several flaws and weaknesses in its argument, style, and sources, which make it unreliable, misleading, and unhelpful for anyone who wants to learn more about Bristol

There are several ways to approach this task, but one possible method is to use a combination of technical analysis and fundamental analysis to identify potential opportunities and risks in the Bristol-Myers Squibb options market. Technical analysis involves studying price patterns, trends, and indicators to predict future movements, while fundamental analysis involves examining the company's financial health, earnings, growth prospects, and other factors that affect its value. Here are some possible steps to follow:

1. Review the article titled "Bristol-Myers Squibb Options Trading: A Deep Dive into Market Sentiment" for an overview of the options market activity and the main points discussed by Benzinga's staff writer. Pay attention to any key takeaways, data, or insights that might inform your decision making.
2. Use Benzinga's options scanner to filter and sort the uncommon options trades for Bristol-Myers Squibb based on various criteria such as volume, delta, strike price, expiration date, open interest, and implied volatility. This can help you identify which contracts are most active, liquid, and potentially profitable or risky.
3. Compare the bullish and bearish sentiment ratios of the big-money traders with the overall market sentiment as measured by options bid-ask spread, implied volatility, and open interest. This can help you gauge the strength and direction of the market trend, as well as potential catalysts or events that might drive it.
4. Select a few option strategies that match your risk tolerance, time frame, and expected return. For example, you could choose to buy call options if you expect the stock price to rise, sell put options if you expect it to fall, or use a straddle or strangle if you anticipate high volatility in either direction. Make sure to consider the option premium, breakeven points, and potential profits and losses of each strategy before executing the trade.
5. Monitor your positions and adjust them as needed based on new information, market conditions, or changing expectations. You could use Benzinga's options scanner again to check for any changes in the options volume, price, or sentiment that might affect your trades. You should also keep an eye on the company's earnings reports, news releases, and other relevant events that might impact its stock price and option value.