someone with a lot of money to spend has taken a bearish stance on american express axp and retail traders should know we noticed this today when the big position showed up on publicly available options history that we track here at benzinga whether this is an institution or just a wealthy individual we dont know but when something this big happens with axp it often means somebody knows something is about to happen so how do we know what this whale just did the overall sentiment of these bigmoney traders is split between 34 bullish and 65 bearish out of all of the special options we uncovered 6 are puts for a total amount of 263385 and 17 are calls for a total amount of 1156668 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 800 to 1600 for american express over the last 3 months looking at the volume and open interest is an insightful way to conduct due diligence on a stock this data can help you track the liquidity and interest for american expresss options for a given strike price below we can observe the evolution of the volume and open interest of calls and puts respectively for all of american expresss whale activity within a strike price range from 800 to 1600 in the last 30 days american express option volume and open interest over last 30 days where is american express standing right now   with a volume of 960334 the price of axp is up 278 at 14629   rsi indicators hint that the underlying stock may be approaching overbought   next earnings are expected to be released in 3 days what the experts say on american express   barclays has decided to maintain their equalweight rating on american express which currently sits at a price target of 157   wells fargo has decided to maintain their overweight rating on american express which currently sits at a price target of 190   piper sandler has decided to maintain their overweight rating on american express which currently sits at a price target of 163   morgan stanley downgraded its action to equalweight with a price target of 143 options are a riskier asset compared to just trading the stock but they have higher profit potential serious options traders manage this risk by educating themselves daily scaling in and out of trades following more than one indicator and following the markets closely if you want to stay updated on the latest options trades for american express benzinga pro gives you realtime options trades alerts