This article talks about how some rich people are betting that a company called Affirm Holdings will not do well in the future, while others think it will do better. They use something called options to make these bets. The article also mentions what prices and volumes these people are watching closely. Read from source...

1. The title is misleading and sensationalist, implying that there are some hidden or exclusive insights into Affirm Holdings's latest options trends. However, the article mainly summarizes the historical data of option trades without providing any in-depth analysis or interpretation of the market sentiment or potential drivers behind the trading patterns.
2. The article uses vague and imprecise terms like "whales" and "a lot of money to spend" without defining them or specifying their relevance to Affirm Holdings's performance or options trends. This creates a sense of mystery and exaggeration, which may appeal to some readers but does not contribute to the credibility or usefulness of the information presented.
3. The article focuses on the numerical aspects of option trades, such as the number of trades, puts, calls, volume, open interest, price band, etc., without contextualizing them within the broader market conditions, trends, or fundamentals of Affirm Holdings. This may give a distorted or incomplete picture of the options trends and their implications for investors or traders.
4. The article cites Jim Cramer as an authoritative source, but does not mention any other sources or references to support its claims or provide alternative perspectives. This may indicate a lack of thorough research or a bias towards a particular viewpoint on Affirm Holdings and its options trends.

There are several ways to approach Affirm Holdings as an investor, depending on your risk appetite and time horizon. One possible strategy is to buy a call option with a strike price around $30 or lower, giving you the right to purchase shares at that price until the expiration date. This would allow you to benefit from any upside in the stock price without having to own the underlying shares, which reduces your downside risk. Alternatively, you could buy a put option with a strike price around $55 or higher, giving you the right to sell shares at that price until the expiration date. This would enable you to protect your portfolio from any decline in the stock price while still participating in its potential upside.

Another possible strategy is to use a covered call write, where you own the underlying shares and sell a call option with a strike price above the current market price. This would generate additional income for you as long as the stock price stays above the call option strike price, while still allowing you to benefit from any capital appreciation in the shares. However, this strategy also exposes you to the risk of losing part or all of your dividends if the stock price rises significantly and the call option is exercised.

A third possible strategy is to use a covered write, where you sell both a put option with a strike price below the current market price and a call option with a strike price above the current market price. This would generate income for you in any scenario where the stock price stays within the specified range, while also limiting your potential upside and downside. However, this strategy also requires you to monitor both options contracts closely and adjust your positions accordingly as the stock price moves.

The risks of these strategies include market volatility, time decay, and the possibility of an unexpected event that could cause a significant shift in the stock price or the underlying fundamentals of Affirm Holdings. Therefore, it is important to conduct thorough research and analysis before making any investment decisions and to consult with a qualified financial advisor if you have any doubts or questions.