someone with a lot of money to spend has taken a bearish stance on diamondback energy fang 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 fang 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 38 bullish and 61 bearish out of all of the special options we uncovered 4 are puts for a total amount of 545471 and 14 are calls for a total amount of 528770 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 9785 to 1750 for diamondback energy over the last 3 months in terms of liquidity and interest the mean open interest for diamondback energy options trades today is 8730 with a total volume of 443300 in the following chart we are able to follow the development of volume and open interest of call and put options for diamondback energys big money trades within a strike price range of 9785 to 1750 over the last 30 days diamondback energy option volume and open interest over last 30 days where is diamondback energy standing right now   with a volume of 1964922 the price of fang is down 643 at 13281   rsi indicators hint that the underlying stock may be approaching oversold   next earnings are expected to be released in 90 days what the experts say on diamondback energy   goldman sachs has decided to maintain their buy rating on diamondback energy which currently sits at a price target of 163   truist securities has decided to maintain their buy rating on diamondback energy which currently sits at a price target of 186   stifel has decided to maintain their buy rating on diamondback energy which currently sits at a price target of 180   raymond james has decided to maintain their strong buy rating on diamondback energy which currently sits at a price target of 190   wells fargo has decided to maintain their overweight rating on diamondback energy which currently sits at a price target of 162 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 diamondback energy benzinga pro gives you realtime options trades alerts