A group of smart people who know a lot about money are betting that a company called Align Tech will do well. They are using something called options to try and make more money if the company does well. This is risky, but it could also help them make a lot of money. People can follow what they are doing with a service called Benzinga Pro. Read from source...

- The title is misleading and sensationalist. It implies that smart money is only betting big in ALGN options, while the reality could be more nuanced and diverse. A better title would be "Some Smart Money Is Betting Big In ALGN Options".

As an AI model that can do anything now, I have analyzed the article titled "Smart Money Is Betting Big In ALGN Options" and generated a comprehensive list of potential investments and their associated risks. Here they are:

1. Buy ALGN call options with a strike price of $500 or higher for a 3-month expiration date, with a target profit of at least 20% or more. The risk is moderate to high, as the stock price may not reach the desired level by the expiration date, and you may lose some or all of your investment if the market moves against you. However, the reward is also significant, as ALGN has been showing strong growth and earnings potential, and the smart money is betting on its continued success.
2. Buy ALGN put options with a strike price of $400 or lower for a 3-month expiration date, with a target profit of at least 10% or more. The risk is moderate to high, as the stock price may rise and you may lose some or all of your investment if the market moves against you. However, the reward is also significant, as ALGN has been showing strong growth and earnings potential, and the smart money is betting on its continued success.
3. Sell ALGN covered calls with a strike price of $500 or higher for a 3-month expiration date, with a target profit of at least 2% or more. The risk is moderate to high, as the stock price may rise and you may be forced to sell your shares at a lower price than the current market value if the call option is exercised. However, the reward is also significant, as ALGN has been showing strong growth and earnings potential, and the smart money is betting on its continued success.
4. Sell ALGN cash secured puts with a strike price of $400 or lower for a 3-month expiration date, with a target profit of at least 2% or more. The risk is moderate to high, as you may be assigned the shares and have to buy them at the agreed upon price if the put option is exercised. However, the reward is also significant, as ALGN has been showing strong growth and earnings potential, and the smart money is betting on its continued success.