Investors with a lot of money to spend have taken a bearish 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 10 uncommon options trades for Zillow Gr.
This isn't normal.
The overall sentiment of these big-money traders is split between 30% bullish and 70%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $233,502, and 4 are calls, for a total amount of $158,570.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $30.0 to $49.0 for Zillow Gr over the last 3 months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Zillow Gr options trades today is 445.57 with a total volume of 1,697.00.
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 $30.0 to $49.0 over the last 30 days.
Zillow Gr 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
Z | PUT | TRADE | BEARISH | 07/19/24 | $0.86 | $0.78 | $0.85 | $43.00 | $68.0K | 570 | 174 |
Z | CALL | SWEEP | BULLISH | 08/02/24 | $3.1 | $2.62 | $3.1 | $45.00 | $62.0K | 0 | 2 |
Z | PUT | SWEEP | BULLISH | 07/19/24 | $4.55 | $4.45 | $4.45 | $49.00 | $47.1K | 39 | 1 |
Z | PUT | SWEEP | BEARISH | 07/12/24 | $1.91 | $1.83 | $1.9 | $46.00 | $41.0K | 28 | 165 |
Z | CALL | SWEEP | BULLISH | 07/19/24 | $15.1 | $15.0 | $15.1 | $30.00 | $36.2K | 2 | 0 |
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.
Following our analysis of the options activities associated with Zillow Gr, we pivot to a closer look at the company's own performance.
Current Position of Zillow Gr
- With a trading volume of 1,632,452, the price of Z is down by -2.05%, reaching $45.44.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 30 days from now.
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.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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