Financial giants have made a conspicuous bullish move on Zscaler. Our analysis of options history for Zscaler ZS revealed 9 unusual trades.
Delving into the details, we found 44% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $306,455, and 4 were calls, valued at $164,139.
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 $90.0 to $210.0 for Zscaler over the last 3 months.
Analyzing Volume & Open Interest
In today's trading context, the average open interest for options of Zscaler stands at 593.88, with a total volume reaching 461.00. 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 $90.0 to $210.0, throughout the last 30 days.
Zscaler Option Activity Analysis: 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ZS | PUT | SWEEP | BULLISH | 04/17/25 | $14.05 | $13.7 | $14.05 | $150.00 | $140.5K | 1.6K | 100 |
| ZS | CALL | SWEEP | BULLISH | 03/21/25 | $42.95 | $42.2 | $42.95 | $145.00 | $60.1K | 1 | 25 |
| ZS | PUT | TRADE | BEARISH | 01/17/25 | $10.65 | $10.4 | $10.65 | $150.00 | $47.9K | 1.1K | 47 |
| ZS | PUT | TRADE | BEARISH | 08/30/24 | $4.6 | $4.55 | $4.6 | $165.00 | $46.4K | 28 | 107 |
| ZS | CALL | SWEEP | BULLISH | 03/21/25 | $45.2 | $44.15 | $45.2 | $145.00 | $45.2K | 1 | 10 |
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
Zscaler's Current Market Status
- With a trading volume of 846,229, the price of ZS is up by 1.28%, reaching $167.87.
- Current RSI values indicate that the stock is may be oversold.
- Next earnings report is scheduled for 27 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 Zscaler 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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