Trading a ROOT straddle lets you take a pure volatility position on Root Inc without committing to a direction. Root Inc's straddle involves buying (or selling) a call and a put at the same strike and expiration, profiting when the stock moves more (or less) than the combined premium implies. Use our scanner to evaluate ROOT straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on ROOT profits from large moves in either direction and is a classic play into binary events like earnings, product announcements, or macro releases. A short straddle profits when Root Inc stays range-bound and implied volatility contracts. The breakeven points are simple: strike plus total premium on the upside, strike minus total premium on the downside. Comparing the ROOT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Root, Inc. provides insurance products and services in the United States. The company offers automobile, homeowners, and renters insurance products. The company operates a direct-to-consumer model and serves customers primarily through mobile applications, as well as through its website. Its direct distribution channels also cover digital, media, and referral channels, as well as distribution partners and agencies. The company was incorporated in 2015 and is headquartered in Columbus, Ohio.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the ROOT straddle is the cleanest expression of that view. Our scanner prices every ROOT straddle against historical realized moves, flags expirations where the market is overpaying or underpaying for vol, and ranks setups by breakeven width and IV rank. Whether you're long a ROOT straddle into a catalyst or short a ROOT straddle to harvest decay, the options straddle setups that matter are all in one place.
