A Closer Look at Zillow Gr's Options Market Dynamics

Financial giants have made a conspicuous bearish move on Zillow Gr. Our analysis of options history for Zillow Gr Z revealed 11 unusual trades.

Delving into the details, we found 45% of traders were bullish, while 54% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $142,575, and 7 were calls, valued at $465,210.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $52.5 and $60.0 for Zillow Gr, spanning the last three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Zillow Gr's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Zillow Gr's whale trades within a strike price range from $52.5 to $60.0 in the last 30 days.

Zillow Gr Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

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 has brands such as Zillow, Trulia, StreetEasy, Hotpads, Zillow Rentals, Zillow Home Loans, ShowingTime, Follow Up Boss, Aryeo and others.

Following our analysis of the options activities associated with Zillow Gr, we pivot to a closer look at the company's own performance.

Where Is Zillow Gr Standing Right Now?

• Currently trading with a volume of 2,234,184, the Z's price is up by 0.48%, now at $54.75.
• RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
• Anticipated earnings release is in 56 days.

Expert Opinions on Zillow Gr

In the last month, 1 experts released ratings on this stock with an average target price of $75.0.

• An analyst from Jefferies persists with their Buy rating on Zillow Gr, maintaining a target price of $75.

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 Zillow Gr with Benzinga Pro for real-time alerts.