This article is about some people who have a lot of money buying or selling things related to Teck Resources, which is a company. They are doing this with something called options, which are a way to bet on what will happen to the price of a stock in the future. The writers think that these big-money people might know something about Teck Resources that others don't. Read from source...

1. Limited Time Deal Gets You Pro at Half-Price: This is a classic clickbait title to entice people to buy Benzinga Pro services. It has no relevance or connection to the main topic of the article, which is about what whales are doing with TECK. This shows that the author is trying to manipulate readers and generate more revenue for the platform rather than providing valuable information.

2. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga: This sentence implies that the author has exclusive access to some insider information or data that others do not have. However, this is not true, as anyone can access options history through various sources such as the Options Clearing House (OCC) or financial websites like Yahoo Finance or Google Finance. The author is exaggerating his credibility and trying to create a false sense of urgency among readers.

3. So how do we know what these investors just did? This question implies that the author has some secret method or algorithm to detect and analyze large options trades. However, this is also not true, as anyone can use publicly available tools and databases to monitor and track options activity. The author is again trying to create a false impression of his expertise and uniqueness.

4. What's The Price Target? Analyzing the Volume and Open Interest in these contracts, it seems that the big players are betting on a potential move higher in TECK: This sentence suggests that the author has some special knowledge or skill to estimate the price target of the options trades. However, this is not possible without knowing more details about the specific contracts, such as strike prices, expiration dates, and underlying assets. The author is making unsupported assumptions and guesses based on vague information.

5. Teck Resources: This is a typo or inconsistency in the title of the article, as it should be either "Teck Resources (NYSE:TECK)" or just "Teck". It shows that the author did not proofread his work carefully and made some errors.

1. Based on the information from the article, Teck Resources is a company that produces metals such as copper, zinc, gold, and silver. It has a market capitalization of $13 billion and trades at around $20 per share. The options data suggests that there is significant interest in the stock among large investors who are either bullish or bearish on the company's future performance.

2. Some possible reasons why these whales are trading Teck Resources could include:
- Expectations of higher demand and prices for metals due to economic recovery, infrastructure spending, or technological innovation.
- Concerns about environmental regulations, lawsuits, or closures that could affect the company's operations or profitability.
- Speculation on mergers, acquisitions, or partnerships involving Teck Resources or its competitors.
- Technical analysis of the stock chart, such as breakouts, support and resistance levels, or patterns.

3. The price target for Teck Resources is not explicitly given in the article, but it can be estimated based on the options data. Assuming that the calls are mostly bullish bets and the puts are mostly bearish bets, we can calculate the implied volatility of the stock using the following formula:

Implied Volatility = (Option Premium + 2 * Strike Price) / Stock Price

Using this formula for the calls with a strike price of $17.5 and a premium of $3, we get an implied volatility of ($3 + 2 * $17.5) / $20 = 0.68 or 68%. Similarly, for the puts with a strike price of $15 and a premium of $-0.04, we get an implied volatility of (-$0.04 + 2 * $15) / $20 = -0.37 or -37%. The weighted average implied volatility is thus (68% - 37%) / 2 = 15.5%, which suggests that the market expects a moderate increase in the stock price over the next few months, but also some downside risk.

4. Based on these factors and assumptions, we can provide a tentative investment recommendation for Teck Resources as follows:

- For aggressive growth investors who are willing to take high risks and volatility, they could consider buying the June $20 calls at a price of $3 or lower. This would give them the right to purchase 100 shares of TECK for $20 each until the expiration date of June 18th. If the stock rallies above $