Riot Platforms is a company that does something with computers called mining. Some people who have a lot of money and are very smart think this company will be worth more in the future, so they buy things called options to make money if it happens. They also sell some of these options to make money now or to protect themselves from losing money. People can see how much these smart people are doing by looking at something called volume and open interest. These numbers tell us what price the company might be worth in the future. Read from source...

1. The title is misleading and sensationalized. It implies that whales are doing something special or unusual with RIOT, when in fact they are just engaging in normal options trading activities. A more accurate title would be "Whales Trading Options on Riot Platforms".
2. The article uses vague terms like "big players" and "our algo" without explaining who or what they are referring to. This creates confusion and distrust for the readers, as they do not know the source or credibility of the information provided.
3. The article does not provide any context or background on Riot Platforms, its business model, or its performance in the market. This makes it difficult for the readers to understand why the options trades are significant or relevant to them. A brief introduction and overview would be helpful to establish a connection with the audience and their interests.
4. The article focuses too much on the numbers and statistics of the options trades, without explaining what they mean or how they relate to Riot Platforms' future prospects. For example, the projected price targets are based on arbitrary window of $7.0 to $27.0, without any justification or rationale for choosing this range. The readers may wonder why these prices are important or realistic, and what factors influence them.
5. The article ends abruptly with a link to the options scanner and algo, without concluding or summarizing the main points. This leaves the readers hanging and unsatisfied, as they do not know the purpose or intention of the tools mentioned. A clear conclusion and call to action would be more effective in engaging the readers and motivating them to use the options scanner and algo.

- RIOT is a cryptocurrency mining company that produces bitcoin and other digital assets. The stock price has been volatile due to the fluctuations in the crypto market and the demand for mining rigs and electricity.
- The options trades detected by Benzinga's scanner indicate a high level of interest from institutional investors or "whales" who are betting on the future direction of RIOT's stock price. They may be bullish or bearish depending on the strike prices and expiration dates they choose.
- The projected price targets range from $7.0 to $27.0, which suggests that there is a wide spectrum of possible outcomes for RIOT's stock performance. Investors should be prepared for significant upside or downside potential depending on the market conditions and the company's execution of its business strategy.
- The volume and open interest trends show that there is liquidity in the options market for RIOT, which means that investors can enter and exit positions relatively easily. However, this also implies that the stock price may be influenced by external factors such as the crypto market sentiment, the regulatory environment, and the competitive landscape.
- The risks of investing in RIOT include the possibility of a sharp decline in the crypto prices, the increased costs of mining due to the rising energy prices, the regulatory uncertainty around the status of cryptocurrencies as assets or securities, and the competition from other miners and blockchain projects. Investors should conduct their own research and assess their risk tolerance before investing in RIOT or any other cryptocurrency-related stocks.
- Based on the available information, a potential investment strategy for RIOT could involve buying call options with a strike price below the current market price and an expiration date in the near future, as this would give the investor the right to purchase RIOT at a fixed price in case of a rally. Alternatively, one could sell put options with a strike price above the current market price and an expiration date in the near future, as this would generate income for the investor in case of a decline. However, these strategies involve higher risks and may not be suitable for all investors. Investors should consult their financial advisers before executing any options trades.