Whales with a lot of money to spend have taken a noticeably bullish stance on Zscaler.
Looking at options history for Zscaler ZS we detected 8 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 50% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $158,053 and 4, calls, for a total amount of $143,061.
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 $185.0 to $240.0 for Zscaler over the last 3 months.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Zscaler stands at 507.5, with a total volume reaching 541.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Zscaler, situated within the strike price corridor from $185.0 to $240.0, throughout the last 30 days.
Zscaler Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ZS | PUT | TRADE | BULLISH | 03/21/25 | $6.45 | $6.2 | $6.3 | $190.00 | $63.0K | 722 | 100 |
| ZS | CALL | TRADE | BEARISH | 08/15/25 | $28.55 | $27.45 | $27.82 | $210.00 | $50.0K | 17 | 18 |
| ZS | PUT | SWEEP | BEARISH | 03/21/25 | $5.15 | $5.1 | $5.1 | $185.00 | $32.6K | 890 | 239 |
| ZS | PUT | SWEEP | BEARISH | 02/28/25 | $4.35 | $4.3 | $4.3 | $200.00 | $32.3K | 64 | 76 |
| ZS | CALL | SWEEP | BEARISH | 06/20/25 | $13.1 | $12.8 | $12.8 | $240.00 | $32.0K | 1.2K | 51 |
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.
In light of the recent options history for Zscaler, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of Zscaler
- With a volume of 461,783, the price of ZS is up 2.03% at $208.38.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 26 days.
What The Experts Say On Zscaler
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $232.5.
Turn $1000 into $1270 in just 20 days?
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. * Consistent in their evaluation, an analyst from Scotiabank keeps a Sector Outperform rating on Zscaler with a target price of $225. * In a cautious move, an analyst from Needham downgraded its rating to Buy, setting a price target of $240.
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 Zscaler, Benzinga Pro gives you real-time options trades alerts.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
