Whales with a lot of money to spend have taken a noticeably bullish stance on Zoom Video Comms.
Looking at options history for Zoom Video Comms ZM we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 30% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $329,900 and 5, calls, for a total amount of $172,840.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $35.0 to $75.0 for Zoom Video Comms during the past quarter.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Zoom Video Comms stands at 1913.67, with a total volume reaching 621.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Zoom Video Comms, situated within the strike price corridor from $35.0 to $75.0, throughout the last 30 days.
Zoom Video Comms Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ZM | PUT | TRADE | BULLISH | 01/17/25 | $1.81 | $1.8 | $1.8 | $50.00 | $90.0K | 5.9K | 500 |
| ZM | PUT | SWEEP | NEUTRAL | 08/23/24 | $2.42 | $2.41 | $2.42 | $58.00 | $85.8K | 10 | 0 |
| ZM | PUT | SWEEP | BULLISH | 01/17/25 | $1.81 | $1.8 | $1.8 | $50.00 | $72.0K | 5.9K | 0 |
| ZM | CALL | TRADE | BEARISH | 01/17/25 | $2.44 | $2.34 | $2.34 | $70.00 | $46.8K | 3.4K | 1 |
| ZM | PUT | SWEEP | BULLISH | 07/26/24 | $0.89 | $0.79 | $0.79 | $59.00 | $46.0K | 503 | 29 |
About Zoom Video Comms
Zoom Video Communications provides a communications platform that connects people through video, voice, chat, and content sharing. The company's cloud-native platform enables face-to-face video and connects users across various devices and locations in a single meeting. Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world.
Following our analysis of the options activities associated with Zoom Video Comms, we pivot to a closer look at the company's own performance.
Where Is Zoom Video Comms Standing Right Now?
- With a volume of 1,135,768, the price of ZM is down -0.48% at $58.59.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 28 days.
Expert Opinions on Zoom Video Comms
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $68.0.
- An analyst from Piper Sandler persists with their Neutral rating on Zoom Video Comms, maintaining a target price of $68.
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 Zoom Video Comms options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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