iRobot Options Trading: A Deep Dive into Market Sentiment

Financial giants have made a conspicuous bearish move on iRobot. Our analysis of options history for iRobot IRBT revealed 9 unusual trades.

Delving into the details, we found 11% of traders were bullish, while 88% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $375,138, and 2 were calls, valued at $107,374.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $20.0 to $40.0 for iRobot over the recent three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for iRobot's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across iRobot's significant trades, within a strike price range of $20.0 to $40.0, over the past month.

iRobot 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

About iRobot

iRobot Corp is a united state based consumer robot company. It designs and builds robots that assist consumers with the solutions for the activities to be carried both inside and outside of the home. The company's consumer robot comprises a portfolio of solutions which includes cleaning, mapping and navigation, human-robot interaction, and physical solutions. The company operates in the business segment of Consumer robots. The consumer robot products are provided to the consumers by retail businesses and online store. The company derives its revenue from the product sales. It sells the products across the United States and around the world.

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

Current Position of iRobot

• With a volume of 66,387, the price of IRBT is up 0.26% at $38.6.
• RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
• Next earnings are expected to be released in 39 days.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for iRobot with Benzinga Pro for real-time alerts.