Check Out What Whales Are Doing With Zillow Gr

High-rolling investors have positioned themselves bearish on Zillow Gr Z, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in Z often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 8 options trades for Zillow Gr. This is not a typical pattern.

The sentiment among these major traders is split, with 37% bullish and 62% bearish. Among all the options we identified, there was one put, amounting to $43,800, and 7 calls, totaling $288,976.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $45.0 to $65.0 for Zillow Gr over the last 3 months.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Zillow Gr's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Zillow Gr's significant trades, within a strike price range of $45.0 to $65.0, over the past month.

Zillow Gr Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

About Zillow Gr

Zillow Group Inc is an Internet-based real estate company that offers its customers an on-demand experience for selling, buying, renting, or financing with transparency and ease The group works with real estate agents, brokers, builders, property managers, and landlords to pair technology with top-notch service. The group operates in three segments namely the Internet, Media & Technology (IMT) segment, the Mortgages segment, and the Homes segment.

Present Market Standing of Zillow Gr

• Currently trading with a volume of 1,801,913, the Z's price is up by 1.64%, now at $55.28.
• RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
• Anticipated earnings release is in 23 days.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Zillow Gr options trades with real-time alerts from Benzinga Pro.