Financial giants have made a conspicuous bullish move on Zscaler. Our analysis of options history for Zscaler ZS revealed 13 unusual trades.
Delving into the details, we found 46% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $374,856, and 5 were calls, valued at $419,285.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $100.0 and $260.0 for Zscaler, spanning the last three months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Zscaler's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Zscaler's whale trades within a strike price range from $100.0 to $260.0 in the last 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 | BEARISH | 09/19/25 | $9.6 | $8.8 | $9.1 | $260.00 | $124.6K | 237 | 1 |
| ZS | CALL | SWEEP | BULLISH | 03/21/25 | $12.4 | $12.15 | $12.4 | $200.00 | $124.0K | 385 | 104 |
| ZS | PUT | SWEEP | BULLISH | 04/17/25 | $9.3 | $9.15 | $9.15 | $165.00 | $93.3K | 109 | 449 |
| ZS | CALL | SWEEP | NEUTRAL | 12/27/24 | $87.5 | $83.8 | $85.43 | $100.00 | $85.4K | 1 | 10 |
| ZS | PUT | TRADE | BULLISH | 12/20/24 | $3.35 | $2.93 | $2.85 | $185.00 | $71.2K | 1.6K | 764 |
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
- Trading volume stands at 893,433, with ZS's price up by 2.4%, positioned at $190.15.
- RSI indicators show the stock to be may be approaching oversold.
- Earnings announcement expected in 70 days.
What Analysts Are Saying About Zscaler
In the last month, 5 experts released ratings on this stock with an average target price of $229.0.
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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. * Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for Zscaler, targeting a price of $250. * In a cautious move, an analyst from Needham downgraded its rating to Buy, setting a price target of $240. * Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for Zscaler, targeting a price of $190. * Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Zscaler, targeting a price of $240. * An analyst from Susquehanna has decided to maintain their Positive rating on Zscaler, which currently sits at a price target of $225.
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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