Deep-pocketed investors have adopted a bullish approach towards Zscaler ZS, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ZS usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 17 extraordinary options activities for Zscaler. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 64% leaning bullish and 17% bearish. Among these notable options, 5 are puts, totaling $804,925, and 12 are calls, amounting to $3,132,139.
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 $100.0 to $240.0 for Zscaler over the last 3 months.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Zscaler's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Zscaler's substantial trades, within a strike price spectrum from $100.0 to $240.0 over the preceding 30 days.
Zscaler 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ZS | CALL | TRADE | BULLISH | 01/16/26 | $28.75 | $27.6 | $28.4 | $210.00 | $2.2M | 141 | 800 |
| ZS | PUT | TRADE | BULLISH | 06/20/25 | $6.0 | $5.75 | $5.85 | $150.00 | $585.0K | 4.5K | 1.0K |
| ZS | CALL | TRADE | NEUTRAL | 01/17/25 | $89.3 | $86.05 | $87.67 | $100.00 | $350.6K | 263 | 40 |
| ZS | CALL | SWEEP | BEARISH | 01/16/26 | $24.85 | $24.85 | $24.85 | $220.00 | $124.2K | 362 | 56 |
| ZS | PUT | SWEEP | BULLISH | 03/21/25 | $12.4 | $12.25 | $12.25 | $185.00 | $102.9K | 762 | 376 |
About Zscaler
Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.
Having examined the options trading patterns of Zscaler, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of Zscaler
- With a volume of 769,257, the price of ZS is up 2.31% at $188.96.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 43 days.
Professional Analyst Ratings for Zscaler
1 market experts have recently issued ratings for this stock, with a consensus target price of $240.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Needham has revised its rating downward to Buy, adjusting the price target to $240.
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 Zscaler with Benzinga Pro for real-time alerts.
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