This article is about how some big investors are betting that a company called Snowflake will go down in value. They are using something called options to make these bets, which are special contracts that give them the right to buy or sell shares of the company at a certain price. The article also talks about how we can use data on how many people are trading these options and how much they are willing to pay to get an idea of what might happen to Snowflake's share price in the future. Read from source...

1. The article does not provide any concrete evidence or reason for why high-rolling investors are positioning themselves bearish on Snowflake and what their motives might be. It merely speculates that they have privileged information based on the unusual trading activity detected by Benzinga's options scanner, without verifying or corroborating this claim with any credible source or data.
2. The article does not consider alternative explanations for the split sentiment among major traders, such as hedging strategies, diversification, risk management, or market dynamics that might influence their investment decisions. It assumes that there is a single dominant factor driving their bearishness on Snowflake, without acknowledging the complexity and uncertainty of the options market.
3. The article uses vague and ambiguous terms to describe the expected price movements, such as "a price territory stretching from $205.0 to $300.0". This implies that there is a clear and consistent range of prices that the major traders are aiming for, without providing any historical or statistical data to support this claim. It also ignores the possibility of volatility, fluctuations, or external shocks that might affect the stock price in unpredictable ways.
4. The article relies on volume and open interest data as a proxy for liquidity and interest for Snowflake's options, without explaining how these metrics are calculated, measured, or compared to other similar stocks or the overall market. It also does not consider the limitations or biases of this data source, such as the impact of manipulation, insider trading, or misinformation on the accuracy and reliability of the information.
5. The article provides a brief overview of Snowflake's background and business model, without delving into the details or analyzing its financial performance, competitive advantage, or growth potential. It also does not mention any of the risks, challenges, or controversies that might affect the company's future prospects or valuation.

1. Given the split sentiment among major traders, with 38% bullish and 61% bearish, it is advisable to diversify your portfolio by investing in both call and put options for Snowflake. This will allow you to benefit from either an increase or decrease in the stock price, depending on the market direction.
2. The significant investors are aiming for a price territory stretching from $205.0 to $300.0 for Snowflake over the recent three months. You may want to set your target prices accordingly and adjust your stop-loss levels based on your risk tolerance and investment goals.
3. The volume and open interest data suggest that there is substantial liquidity and interest for Snowflake's options in the strike price range from $205.0 to $300.0, which indicates a higher probability of successful trades. However, you should also be aware of the potential market volatility and the possibility of sudden price movements due to the whale activity.