We know very little about what The Mandalorian and Grogu is actually about, and that’s just the way Jon Favreau and Dave Filoni like it.

What we know is that Din Djarin and Grogu are working for the New Republic to hunt down Imperial warlords, which, in the words of Colonel Ward in the newest trailer, isn’t about revenge but is about trying to prevent another war. That’s a simple enough plot, but almost no details have fleshed that out. I’m not meaning spoilers; I’m meaning basic questions like: who is the villain in this movie?

It’s pretty surprising that we have zero clue about that. We have some villain characters that we know will appear, but which one(s) will be the “big bad” behind it all? We don’t yet know, so let me outline five possibilities, based on what we’ve seen. Which one do you think is most likely?

Option 1: an Imperial warlord

The most obvious, and simplest, answer to this is that the main villain is an Imperial warlord. We saw the Shadow Council meet in The Mandalorian season three, and it’s long been presumed that the members of this group would be among those Djarin was hunting down. In the trailer, then, we see a meeting of Imperials, with one figure sitting at the table in a position of prominence. This meeting takes place on a snow planet, flanked by snowtroopers, so this will very likely play into the action scenes glimpsed elsewhere of Mando on a mission here. So is this our main bad guy?

I think this is entirely possible, and again, this seems like the easiest explanation. But it also strikes me as a bit strange that, if it’s just a random Imperial warlord we haven’t yet seen, there’s been nothing playing this up whatsoever. It wouldn’t be them saving it for a big surprise reveal or anything, so why not acknowledge it? And would a warlord like this pose a big enough threat to drive Star Wars’s return to theaters? These are non-narrative questions, but still questions. Personally, I love the idea of Mando hunting down Imperial warlords, but that seems best suited for a series rather than a film. That’s why I’m not 100% convinced this Imperial warlord is the main villain. There are other options, too.

Option 2: The Hutt twins

Like with the Imperial warlord, the Hutt twins are clearly villains – and, based on the trailer, they seem even more menacing. They take Djarin captive, threatening both him and – gasp – even Grogu. It doesn’t get any more evil than threatening this cute little kid. The idea of them as the big villains behind all of this is further made possible by the reality that Rotta the Hutt will play a significant role in the movie, possibly alluding to a civil war going on within the Hutt family. The twins first appeared in The Book of Boba Fett challenging Boba Fett for the late Jabba the Hutt’s territory, and with Jabba’s son playing a sizable role in the movie this all starts to come into shape.

All of this makes a pretty compelling case, I think. But here’s the thing: the little we do know about the movie frames it as a hunt against the Imperial remnants. To have that be a red herring that leads into a skirmish in the criminal underworld with the Hutts seems a bit out of place, unless the Hutts are working with the Empire.

This, to me, is the best explanation with the little we know: that the Hutts are aligned with the Imperial remnants, and the New Republic knows that to take them down (perhaps even putting Rotta back in power among the Hutt family) would give them a key ally and remove a key obstacle to their efforts. But, if that’s the case, then…

Option 3: Embo

Where does Embo factor into the picture? The trailer confirmed what had been previously rumored, that Embo would be appearing in the movie. And, if those rumors are credible, he might play a bigger role than we think. He appears in just a few brief shots, shrouded in darkness on a stormy night, but it looks like he’s approaching Mando and Grogu’s home on Nevarro. Has he been hired by someone to track them down? And does this make Embo the main villain they’ll face off against?

It wouldn’t be the first time for something like this to happen. The Book of Boba Fett didn’t reveal it right away, but an old bounty hunter from The Clone Wars, Cad Bane, emerged late in the series as the “big bad”, hired by the Pykes to take on Boba Fett in a climactic showdown. Sure, that would seem repetitive to do it again, but that hasn’t really stopped it before. Could this be a case where Embo is brought in as a formidable foe on behalf of someone else – say, the Hutts? Or even, perhaps, someone else who wants to remain shrouded in secrecy?

Option 4: Colonel Ward

Like, say, Colonel Ward? Sigourney Weaver’s character is being introduced in this film for the first time, as a New Republic officer and pilot. She is the one who hires Djarin for these missions and gives him his assignments, and we have had no indication so far that she’s secretly a villain. However, the longer the marketing goes without making clear who the main villain actually is, the more talk will grow about whether Ward could be an Imperial sympathizer in hiding.

We know that sooner or later, Republic Senators and others will secretly be First Order sympathizers, or at least supportive of the re-grown Empire lurking in the shadows. One of the ways this movie could pave the way for the next (final?) phase of this Mando-verse is by revealing that even within the New Republic are those aligned with the Empire, working in secret to support Grand Admiral Thrawn’s return. This option is admittedly far more of a long shot than the others, but I don’t think it can ever be ruled out for a character giving these missions to be unveiled as the one secretly pulling the strings against them in the end.

Option 5: Grand Admiral Thrawn

The first four options all have to do with characters seen in the trailer so far, but I’ll throw one more in: Thrawn himself. I don’t expect Thrawn to play a big role, if any, in this film. But this is Star Wars’s return to the big screen, and a major milestone moment for the Mando-verse stories – which are all leading up to a climactic confrontation with Thrawn. This will happen on a large scale in Ahsoka season two. But could it begin a bit earlier? Could it begin with Thrawn ordering an attack at the climax of this film? That would be a way of immediately raising the stakes and trying to hook audiences to follow along with future stories. It would also help to make more sense of a movie that might not have a typical “main bad guy”, if Thrawn doesn’t really appear much but orders things behind the scenes. To find out that the Imperial warlord(s) aren’t actually the ones in control would only heighten the sense of dread when Thrawn approaches.

I’m definitely not expecting this one. But I’ve got to admit that it does make some sense.

Which option do you think is most likely? Do you think it’s one of these five, or someone else entirely? We’ll find out for sure on May 22, when The Mandalorian and Grogu hits theaters.