Is it a giant orange? A punching bag? No, It’s a Divers Float. Divers tie the line off to a rope attached to their boat and use the line to hold onto before they dive and also as a marker when they are diving. You can’t miss the bright orange from under the sea. If you are not a diver I am not sure exactly what you can do with it besides admire and like it and think about going diving. Why not?