someone with a lot of money to spend has taken a bearish stance on xilinx nasdaqxlnx 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 xlnx 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 29 bullish and 70 bearish out of all of the special options we uncovered 14 are puts for a total amount of 1177559 and 51 are calls for a total amount of 3270887 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 1000 to 2700 for xilinx over the last 3 months in terms of liquidity and interest the mean open interest for xilinx options trades today is 146688 with a total volume of 602200 in the following chart we are able to follow the development of volume and open interest of call and put options for xilinxs big money trades within a strike price range of 1000 to 2700 over the last 30 days xilinx option volume and open interest over last 30 days where is xilinx standing right now   with a volume of 1334961 the price of xlnx is down 461 at 21107   rsi indicators hint that the underlying stock is currently neutral between overbought and oversold   next earnings are expected to be released in 22 days 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 are already an options trader or would like to get started head on over to benzinga pro benzinga pro gives you uptodate news and analytics to empower your investing and trading strategy