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

High-rolling investors have positioned themselves bullish on ZIM Integrated Shipping ZIM, 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 ZIM often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 12 options trades for ZIM Integrated Shipping. This is not a typical pattern.

The sentiment among these major traders is split, with 50% bullish and 50% bearish. Among all the options we identified, there was one put, amounting to $224,400, and 11 calls, totaling $584,398.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $14.0 for ZIM Integrated Shipping over the recent three months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for ZIM Integrated Shipping options trades today is 9975.57 with a total volume of 13,875.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for ZIM Integrated Shipping's big money trades within a strike price range of $10.0 to $14.0 over the last 30 days.

ZIM Integrated Shipping Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
ZIM PUT TRADE BEARISH 01/17/25 $12.50 $224.4K 23.3K 757
ZIM CALL SWEEP BEARISH 01/19/24 $13.00 $86.4K 1.3K 2.6K
ZIM CALL TRADE BULLISH 01/19/24 $12.50 $78.1K 20.7K 2.5K
ZIM CALL TRADE BULLISH 01/19/24 $12.50 $77.6K 20.7K 2.0K
ZIM CALL TRADE BEARISH 01/19/24 $12.50 $77.1K 20.7K 1.5K

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 revenue from the Pacific.

Present Market Standing of ZIM Integrated Shipping

  • With a trading volume of 8,164,837, the price of ZIM is up by 1.94%, reaching $13.14.
  • Current RSI values indicate that the stock is may be overbought.
  • Next earnings report is scheduled for 60 days from now.

What Analysts Are Saying About ZIM Integrated Shipping

Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $10.5.

  • Maintaining their stance, an analyst from B of A Securities continues to hold a Underperform rating for ZIM Integrated Shipping, targeting a price of $10.

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 ZIM Integrated Shipping with Benzinga Pro for real-time alerts.

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ZIMZIM Integrated Shipping Services Ltd
$17.361.17%

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Edge Rankings
Momentum
21.17
Growth
81.97
Quality
Not Available
Value
99.54
Price Trend
Short
Medium
Long
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