Some rich people are betting that a bank called New York Community will lose value. This is important because they usually know what they are doing. They bought options which give them the right to sell the bank's stock at a certain price, making money if the price goes down. Read from source...

- The title of the article is misleading and sensationalized. It implies that some insiders or smart money investors are betting against NYCB, which is not necessarily true. They could be hedging their positions, speculating on volatility, or pursuing other strategies that do not reflect a bearish sentiment.
- The article does not provide any evidence or analysis to support the claim that "something big is about to happen". This is a vague and unsubstantiated statement that relies on fear-mongering and speculation. It also contradicts the fact that the options activity is divided between bullish and bearish investors, which suggests that there is no clear consensus or trend in the market.
- The article does not explain how it tracked the public options records or what criteria it used to define "extraordinary" options activities. This information is relevant for understanding the reliability and validity of the data source and the methodology employed by Benzinga. It also raises questions about the transparency and credibility of the article.
- The article does not disclose the identity or the motives of the investors involved in the options activities. This information is essential for understanding the context and significance of the market moves. Without it, the article is merely reporting rumors and speculations without verifying their accuracy or relevance.