Whales with a lot of money to spend have taken a noticeably bullish stance on Zoom Video Comms.
Looking at options history for Zoom Video Comms ZM we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 70% of the investors opened trades with bullish expectations and 30% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $84,545 and 8, calls, for a total amount of $620,590.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $85.0 for Zoom Video Comms, spanning the last three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Zoom Video Comms stands at 444.67, with a total volume reaching 1,288.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Zoom Video Comms, situated within the strike price corridor from $60.0 to $85.0, throughout the last 30 days.
Zoom Video Comms 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ZM | CALL | SWEEP | BEARISH | 07/19/24 | $8.65 | $8.55 | $8.55 | $60.00 | $141.9K | 633 | 1 |
| ZM | CALL | SWEEP | BEARISH | 11/15/24 | $11.5 | $11.4 | $11.4 | $60.00 | $117.4K | 4 | 1 |
| ZM | CALL | TRADE | BULLISH | 04/05/24 | $2.01 | $1.79 | $2.01 | $65.00 | $97.2K | 632 | 508 |
| ZM | CALL | SWEEP | BULLISH | 01/16/26 | $13.2 | $13.0 | $13.2 | $70.00 | $66.0K | 1.5K | 67 |
| ZM | PUT | TRADE | BULLISH | 01/16/26 | $23.0 | $22.85 | $22.85 | $85.00 | $59.4K | 19 | 37 |
About Zoom Video Comms
Zoom Video Communications provides a communications platform that connects people through video, voice, chat, and content sharing. The company's cloud-native platform enables face-to-face video and connects users across various devices and locations in a single meeting. Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world.
Having examined the options trading patterns of Zoom Video Comms, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Zoom Video Comms Standing Right Now?
- With a volume of 1,765,543, the price of ZM is up 2.49% at $67.0.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 49 days.
What Analysts Are Saying About Zoom Video Comms
In the last month, 2 experts released ratings on this stock with an average target price of $72.5.
- An analyst from Jefferies downgraded its action to Hold with a price target of $70.
- Reflecting concerns, an analyst from Rosenblatt lowers its rating to Neutral with a new price target of $75.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Zoom Video Comms, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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