Investors with a lot of money to spend have taken a bullish stance on Root (NASDAQ:ROOT).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens with ROOT, it often means somebody knows something is about to happen.
Today, Benzinga’s options scanner spotted 9 options trades for Root.
This isn’t normal.
The overall sentiment of these big-money traders is split between 66% bullish and 11%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $55,320, and 8, calls, for a total amount of $539,634.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $180.0 for Root over the recent three months.
Volume & Open Interest Development
Looking …
Full story available on Benzinga.com
Investors with a lot of money to spend have taken a bullish stance on Root (NASDAQ:ROOT).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens with ROOT, it often means somebody knows something is about to happen.
Today, Benzinga’s options scanner spotted 9 options trades for Root.
This isn’t normal.
The overall sentiment of these big-money traders is split between 66% bullish and 11%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $55,320, and 8, calls, for a total amount of $539,634.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $180.0 for Root over the recent three months.
Volume & Open Interest Development
Looking …
Full story available on Benzinga.com
Investors with a lot of money to spend have taken a bullish stance on Root (NASDAQ:ROOT).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens with ROOT, it often means somebody knows something is about to happen.
Today, Benzinga’s options scanner spotted 9 options trades for Root.
This isn’t normal.
The overall sentiment of these big-money traders is split between 66% bullish and 11%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $55,320, and 8, calls, for a total amount of $539,634.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $180.0 for Root over the recent three months.
Volume & Open Interest Development
Looking …Full story available on Benzinga.com Read MoreBZI-UOA, ROOT, Options, Markets, ROOT, Options, Markets, Benzinga Markets
