Some rich people who can buy a lot of stuff from a company called Amgen (AMGN) think that the price of this stuff will go down. They bought options, which are like bets on how much something will cost, to show their idea. Read from source...

- The title is misleading and sensationalized. It should not imply that all whales are bearish on AMGN options, only a percentage of them. A more accurate title could be "Some Market Whales Show Bearishness on Amgen Options".
- The article lacks clear definitions and explanations of terms such as "market whale" and "options history". It assumes that the readers already have prior knowledge or interest in these topics, which may not be the case for many Benzinga readers. A more informative introduction could provide some background information on what these terms mean and why they are relevant to investors.
- The article uses vague and subjective language such as "bearish stance", "noticeably", and "accurate". These words do not convey any specific or measurable data, but rather express the author's opinion or interpretation of the options trades. A more objective and precise writing style could use terms like "short positions", "significant decrease", and "based on our analysis".
- The article does not provide any context or reasons for why some whales may be bearish on AMGN options. It simply states that they are, without exploring the possible causes or implications of their trades. A more insightful analysis could include factors such as market conditions, earnings reports, competitors, regulatory changes, etc. that may influence the whales' decisions and expectations for AMGN stock performance.

The following are my comprehensive investment recommendations based on the article titled "Market Whales and Their Recent Bets on AMGN Options". I have also included the main risks associated with each recommendation. Please note that these are not guarantees, but rather probabilities based on historical data and market trends.

Recommendation 1: Buy a straddle strategy on AMGN options with an expiration date of May 20, 2024. This strategy involves buying both a call option and a put option with the same strike price, expiration date, and amount of contracts. The main benefit of this strategy is that it allows you to profit from both a rise or a fall in the stock price, as long as it moves significantly enough from the current price. The risk is that you will lose money if the stock price does not move much, or if it moves against your expected direction.

Recommendation 2: Sell a covered call strategy on AMGN stock with an expiration date of May 20, 2024. This strategy involves selling a call option that you already own shares of the underlying stock. The main benefit is that you can generate income from the premium received from selling the option, while still retaining the potential upside of owning the stock. The risk is that you will miss out on some gains if the stock price rises above the strike price of the sold call option, or if the stock price falls significantly.

Recommendation 3: Buy a protective put strategy on AMGN stock with an expiration date of May 20, 2024. This strategy involves buying a put option that gives you the right to sell the underlying stock at a specified price. The main benefit is that it provides downside protection in case the stock price falls sharply. The risk is that you will lose money if the stock price does not fall enough, or if it rises significantly.

Recommation 4: Sell a short put strategy on AMGN stock with an expiration date of May 20, 2024. This strategy involves selling a put option without owning the underlying stock. The main benefit is that you can collect premium income from selling the option, while also having unlimited upside potential if the stock price rises. The risk is that you will have to buy the stock at the strike price of the sold put option if it is exercised against you, or if the stock price falls significantly.

Recommendation 5: Buy a call spread strategy on AMGN options with an expiration date of May 20, 2024. This strategy involves buying a call option at a lower strike price and selling a call option at a higher strike price