Some rich people who know a lot about stocks are betting that a company called ON Semiconductor will lose value. They are doing this by buying options, which are like bets on a stock, and they are choosing options that let them sell the stock at a certain price. This means they think the stock will go down. It's hard to know for sure why they are doing this, but it could mean they have some inside information or they think something will happen that will make the stock go down. Read from source...

- The article title is misleading and does not reflect the content of the article. The article is not about unpacking the latest options trading trends in ON Semiconductor, but rather reporting on a few large options trades that occurred recently.
- The article does not provide any evidence or analysis to support the claim that wealthy investors are bearish on ON Semiconductor. The article cites 18 uncommon options trades, but does not specify the direction of these trades (puts, calls, or a mix) or the price targets.
- The article uses unclear and confusing language, such as "taking a bearish stance" and "something this big happens with ON, it often means somebody knows something is about to happen." These statements are vague and do not provide any actionable information for investors.
- The article includes a large amount of irrelevant information, such as the trading volume, RSI indicators, earnings announcement date, and expert opinions on ON Semiconductor. This information does not help readers understand the significance of the options trades or the company's performance.
- The article ends with a promotion for Benzinga Pro, which is inappropriate for a news article and detracts from the credibility of the article.