What the Options Market Tells Us About Lemonade

Financial giants have made a conspicuous bearish move on Lemonade. Our analysis of options history for Lemonade (NYSE:LMND) revealed 31 unusual trades.

Delving into the details, we found 29% of traders were bullish, while 51% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $328,475, and 26 were calls, valued at $2,247,281.

What’s The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $8.0 to $120.0 for Lemonade over the last 3 months.

Volume & Open Interest Trends

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Lemonade’s options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Lemonade’s substantial trades, within a strike price spectrum from $8.0 to $120.0 over the preceding 30 days.

Lemonade Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

SymbolPUT/CALLTrade TypeSentimentExp. DateAskBidPriceStrike PriceTotal Trade PriceOpen InterestVolume

LMND
CALL
TRADE
NEUTRAL
01/15/27
$78.5
$73.6
$75.8
$8.00
$295.6K
64
39

LMND
CALL
TRADE
BULLISH
01/15/27
$44.0
$43.8
$44.0
$50.00
$220.0K
1.0K
215

LMND
CALL
TRADE
BEARISH
01/15/27
$45.0
$43.8
$44.0
$50.00
$220.0K
1.0K
165

LMND
CALL
TRADE
BEARISH
01/15/27
$45.0
$43.8
$43.8
$50.00
$219.0K
1.0K
60

LMND
CALL
TRADE
NEUTRAL
01/15/27
$43.8
$43.5
$43.65
$50.00
$218.2K
1.0K
110

About Lemonade

Lemonade Inc operates in the insurance industry. The company offers digital and artificial intelligence based platform for various insurances and for settling claims and paying premiums. The platform ensures transparency in issuing policies and settling disputes. The company is using technology, data, artificial intelligence, contemporary design, and social impact to deliver delightful and affordable insurances. Geographically, it operates in California, Texas, New York, New Jersey, Illinois, Georgia, Washington, Colorado, Pennsylvania, Oregon and others.

After a thorough review of the options trading surrounding Lemonade, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of Lemonade

• With a trading volume of 1,593,681, the price of LMND is up by 1.61%, reaching $87.9.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 42 days from now.

Expert Opinions on Lemonade

In the last month, 1 experts released ratings on this stock with an average target price of $98.0.

• An analyst from Truist Securities downgraded its action to Buy with a price target of $98.

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.