Investors with a lot of money to spend have taken a bullish stance on Zillow Gr Z.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with Z, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 8 uncommon options trades for Zillow Gr.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 37%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $102,675, and 5 are calls, for a total amount of $376,510.
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 $45.0 to $60.0 for Zillow Gr over the last 3 months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Zillow Gr options trades today is 4144.0 with a total volume of 3,585.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Zillow Gr's big money trades within a strike price range of $45.0 to $60.0 over the last 30 days.
Zillow Gr Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Z | CALL | SWEEP | BEARISH | 06/20/25 | $5.0 | $4.95 | $4.95 | $60.00 | $99.0K | 351 | 536 |
| Z | CALL | SWEEP | BULLISH | 06/20/25 | $5.0 | $4.85 | $4.95 | $60.00 | $97.5K | 351 | 169 |
| Z | CALL | SWEEP | BULLISH | 06/20/25 | $5.4 | $4.95 | $4.95 | $60.00 | $74.7K | 351 | 385 |
| Z | CALL | SWEEP | BEARISH | 01/17/25 | $4.1 | $4.0 | $4.0 | $57.50 | $54.0K | 232 | 0 |
| Z | CALL | SWEEP | NEUTRAL | 08/16/24 | $3.25 | $3.15 | $3.2 | $50.00 | $51.2K | 2.9K | 85 |
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.
After a thorough review of the options trading surrounding Zillow Gr, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Zillow Gr's Current Market Status
- With a trading volume of 2,638,367, the price of Z is down by -3.91%, reaching $47.0.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 37 days from now.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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