A big company called Bank of America has some people who are betting that its value will go down soon. These people are called "whales" because they can make a lot of money if their prediction is right. They use something called options to place these bets, which are like special tickets that let them buy or sell the company's shares at a certain price and time. The whales have been looking at different prices for Bank of America's shares, from $28.0 to $55.0, where they think it might go down. By doing this, they can make more money if their guess is correct. Read from source...

1. The title is misleading and sensationalized, as it implies that only market whales are betting on BAC options, while in reality, many other investors can also participate in option trading. Moreover, the term "whale" is vague and subjective, and does not provide any specific information about the size or identity of these traders.
2. The article lacks a clear and objective methodology for identifying and analyzing the unusual trades, such as defining what constitutes an unusually large or directional trade, or how they measured the sentiment of the traders. It also does not disclose any sources or data providers for the options history and contract details, which raises questions about the reliability and accuracy of the information presented.
3. The article makes unsupported assumptions and predictions about the predicted price range and the volume and open interest development, based on the trades spotted by the author. It does not explain how these variables are related or influenced by each other, nor does it provide any evidence or reasoning for the projected outcomes. Furthermore, the price range of $28.0 to $55.0 is too wide and vague, as it covers more than 100% of the current stock price ($37.64), which is unrealistic and contradictory.