HomeRenters InsuranceLooking At Root's Recent Unusual Options Activity - Root (NASDAQ:ROOT)

Looking At Root’s Recent Unusual Options Activity – Root (NASDAQ:ROOT)


Whales with a lot of money to spend have taken a noticeably bearish stance on Root.

Looking at options history for Root ROOT we detected 9 trades.

If we consider the specifics of each trade, it is accurate to state that 0% of the investors opened trades with bullish expectations and 77% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $244,616 and 3, calls, for a total amount of $90,513.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $55.0 to $100.0 for Root over the recent three months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Root’s options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Root’s whale activity within a strike price range from $55.0 to $100.0 in the last 30 days.

Root 30-Day Option Volume & Interest Snapshot

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ROOT PUT SWEEP BEARISH 02/21/25 $8.6 $8.4 $8.4 $70.00 $66.3K 1 247
ROOT PUT SWEEP BEARISH 06/20/25 $38.0 $37.8 $37.8 $100.00 $41.5K 6 20
ROOT PUT TRADE BEARISH 02/21/25 $8.6 $7.1 $8.2 $70.00 $40.9K 1 52
ROOT PUT TRADE BEARISH 02/21/25 $8.8 $7.7 $8.4 $70.00 $37.8K 1 97
ROOT CALL SWEEP NEUTRAL 06/20/25 $28.3 $26.6 $28.3 $55.00 $33.9K 42 14

About Root

Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. The company is a direct-to-consumer personal auto insurance, renters insurance and mobile technology company. It generates revenue from the sale of auto insurance policies within the United States.

Having examined the options trading patterns of Root, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Root’s Current Market Status

  • Currently trading with a volume of 110,637, the ROOT’s price is up by 3.37%, now at $75.04.
  • RSI readings suggest the stock is currently may be oversold.
  • Anticipated earnings release is in 48 days.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge’s Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.

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 Root, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs



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