A group of big investors, called whales, made some big bets that a company named GE Aero will not do well. They did this by buying something called options, which are like special tickets that let them control how much money they can make or lose depending on what happens to the company's stock price. Some of these whales think GE Aero is going down because it makes engines for airplanes and other machines that might not be very popular or profitable in the future. Read from source...
- The title is misleading and sensationalized. It implies that only "whales" or large investors are betting on GE Aero, while in reality, any individual or institution can place options trades.