So, there is this big company called Simon Property Group that owns many shopping malls and stores. Some people who have a lot of money think the company will not do well in the future, so they are betting against it by buying something called options. Options are like bets on how much a stock will go up or down. When these rich people buy lots of these option bets at the same time, it can be a clue that something might happen to the company soon. Read from source...

- The article title is misleading and sensationalist, as it implies that only market whales can make bets on SPG options, while retail traders should be aware of their actions. However, this information is not exclusive to them and can be accessed by anyone who follows the options market closely.
- The article uses vague terms like "bearish" and "bullish" without explaining what they mean or how they are calculated. This makes it hard for readers to understand the context and implications of these sentiments.
- The article relies on anecdotal evidence from options history that is tracked by Benzinga, which may not be representative of the whole market or the current situation. It does not provide any statistical analysis, historical comparison, or expert opinion to support its claims.

Bearish
Reasoning: Market whales are betting on SPG options, with a majority of them being puts. This indicates that they expect the stock price to go down or that there will be some negative impact on the company's performance. Additionally, the article mentions that these trades could mean someone knows something is about to happen, implying a potential risk factor.

There is no definitive answer to what the market whales know or plan to do with their options trading activity on SPG. However, based on the publicly available information, we can infer some possible scenarios and implications for retail investors who may want to follow their lead or avoid them. Here are some suggestions:

- If the market whales are betting on a bearish outcome for SPG, they may be anticipating a decline in the demand for physical retail space due to increasing online competition, changing consumer preferences, or other factors that could affect the profitability of Simon Property Group and its tenants. This could result in lower rent revenues, higher vacancy rates, and reduced dividend payments for SPG shareholders. In this case, investors who are bullish on SPG may want to consider hedging their positions with put options or selling covered calls to reduce their exposure and limit their losses if the stock price drops. Alternatively, they could also look for opportunities to buy shares of rival retail REITs that may benefit from the decline of physical retail, such as Regency Centers (NASDAQ: REG), Federal Realty Investment Trust (NYSE: FRT), or Agree Realty Corporation (NYDSE: ADC).
- If the market whales are betting on a bullish outcome for SPG, they may be expecting a recovery in the demand for physical retail space due to improving economic conditions, vaccine rollouts, stimulus checks, or other factors that could boost consumer spending and foot traffic at Simon Property Group's properties. This could result in higher rent revenues, lower vacancy rates, and increased dividend payments for SPG shareholders. In this case, investors who are bearish on SPG may want to consider covering their short positions with call options or buying protective puts to limit their losses if the stock price rises. Alternatively, they could also look for opportunities to sell shares of rival retail REITs that may underperform in a favorable market environment for physical retail, such as Regency Centers (NASDAQ: REG), Federal Realty Investment Trust (NYSE: FRT), or Agree Realty Corporation (NYDSE: ADC).