ZIM Integrated Shipping Options Trading: A Deep Dive into Market Sentiment

Whales with a lot of money to spend have taken a noticeably bullish stance on ZIM Integrated Shipping.

Looking at options history for ZIM Integrated Shipping ZIM we detected 24 trades.

If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 29% with bearish.

From the overall spotted trades, 11 are puts, for a total amount of $523,736 and 13, calls, for a total amount of $653,972.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $30.0 for ZIM Integrated Shipping over the recent three months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in ZIM Integrated Shipping's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to ZIM Integrated Shipping's substantial trades, within a strike price spectrum from $10.0 to $30.0 over the preceding 30 days.

ZIM Integrated Shipping Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ZIM CALL TRADE BEARISH 06/21/24 $2.55 $2.22 $2.31 $18.00 $138.6K 5.7K 4.3K
ZIM PUT SWEEP BEARISH 01/17/25 $12.85 $12.8 $12.83 $30.00 $89.9K 15 273
ZIM CALL TRADE BULLISH 05/17/24 $1.56 $1.41 $1.56 $17.50 $77.8K 2.5K 673
ZIM CALL TRADE BEARISH 01/17/25 $7.2 $7.15 $7.15 $12.50 $74.3K 5.8K 226
ZIM PUT SWEEP NEUTRAL 01/17/25 $13.0 $12.75 $12.84 $30.00 $70.4K 15 507

About ZIM Integrated Shipping

ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of its revenue from the Pacific trade region.

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

ZIM Integrated Shipping's Current Market Status

  • Currently trading with a volume of 6,181,491, the ZIM's price is up by 1.19%, now at $17.8.
  • RSI readings suggest the stock is currently may be overbought.
  • Anticipated earnings release is in 8 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 ZIM Integrated Shipping options trades with real-time alerts from Benzinga Pro.

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Posted In: OptionsMarketsBZI-UOA
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