Observing unusual Options activity is often a good indication on how big players are betting.
( The snippet here was taken from the YTuber Maverick Of Wallstreet. I watch his channel every single day. I learned so much from him, and everyone else can too - 100% free btw.)
Here we see large PUT buying volume for the 120 Strike.
However, you can't take this as the holy grail and bet your house and dog on it. As with anything else, it's just an Indication, a puzzle for the whole pitcure.
Hope this helps.
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