Whales with a lot of money to spend have taken a noticeably bearish stance on Zillow Gr.
Looking at options history for Zillow Gr Z we detected 19 trades.
If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 63% with bearish.
From the overall spotted trades, 16 are puts, for a total amount of $1,119,322 and 3, calls, for a total amount of $230,325.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $40.0 to $75.0 for Zillow Gr over the last 3 months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Zillow Gr stands at 2663.6, with a total volume reaching 4,768.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Zillow Gr, situated within the strike price corridor from $40.0 to $75.0, throughout the last 30 days.
Zillow Gr Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| Z | PUT | TRADE | BEARISH | 01/17/25 | $55.00 | $540.0K | 4.4K | 600 |
| Z | CALL | TRADE | BULLISH | 01/16/26 | $75.00 | $162.0K | 547 | 0 |
| Z | PUT | TRADE | BEARISH | 03/01/24 | $50.00 | $70.5K | 68 | 500 |
| Z | PUT | SWEEP | NEUTRAL | 06/21/24 | $45.00 | $49.8K | 16.1K | 13 |
| Z | PUT | SWEEP | BULLISH | 02/16/24 | $52.50 | $46.5K | 1.3K | 255 |
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.
Zillow Gr's Current Market Status
- With a volume of 3,364,749, the price of Z is down -4.47% at $53.0.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 0 days.
What The Experts Say On Zillow Gr
In the last month, 1 experts released ratings on this stock with an average target price of $65.0.
- Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Zillow Gr with a target price of $65.
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 Zillow Gr, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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