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 (NASDAQ:ZM) we detected 15 trades.
If we consider the specifics of each trade, it is accurate to state that 66% of the investors opened trades with bullish expectations and 33% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $100,620 and 12, calls, for a total amount of $589,699.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $74.0 for Zoom Video Comms during the past quarter.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of Zoom Video Comms stands at 1027.4, with a total volume reaching 5,583.00. 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 $50.0 to $74.0, throughout the last 30 days.
Zoom Video Comms 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ZM | CALL | SWEEP | BEARISH | 05/31/24 | $5.4 | $5.4 | $5.4 | $60.00 | $100.9K | 45187 | |
| ZM | CALL | TRADE | BULLISH | 03/21/25 | $18.45 | $18.45 | $18.45 | $50.00 | $92.2K | 250 | |
| ZM | CALL | SWEEP | BEARISH | 05/31/24 | $5.45 | $5.4 | $5.4 | $60.00 | $52.9K | 45200 | |
| ZM | CALL | TRADE | BULLISH | 05/24/24 | $2.59 | $2.56 | $2.59 | $64.00 | $48.4K | 8421.8K | |
| ZM | CALL | SWEEP | BULLISH | 05/24/24 | $1.9 | $1.85 | $1.92 | $66.00 | $48.0K | 533988 |
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.
Zoom Video Comms's Current Market Status
- Currently trading with a volume of 1,907,016, the ZM's price is down by -0.38%, now at $63.92.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 0 days.
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.