The big-money whales have taken a notably bearish stance on Zillow Gr.
Analyzing the options history for Zillow Gr, data reveals 19 trades.
18% of the investors entered trades with bullish expectations, while the remaining 63% took a bearish position.
Of the identified trades, 16 are puts, amounting to a total of $1,119,322, and 3 are calls, amounting to $230,325 in total.
Projections for Price Targets
Considering the Volume and Open Interest on these contracts, it is evident that whales have been eyeing a price range of $40.0 to $75.0 for Zillow Gr over the past 3 months.
Insights into Volume & Open Interest
In the current trading landscape, the average open interest for Zillow Gr’s options stands at 2663.6, with total volume reaching 4,768.00. The provided chart outlines the progression of both call and put option volume and open interest for high-value trades in Zillow Gr, within the strike price corridor of $40.0 to $75.0, over the last 30 days.
Zillow Gr Call and Put Volume: 30-Day Overview
Significant Options Activity
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| Z | PUT | TRADE | BEARISH | 01/17/25 | $55.00 | $540.0K | 4.4K | 600 |
| Z | CALL | TRADE | BULLISH | 01/16/26 | $75.00 | $162.0K | 547 | 0 |
| Z | PUT | TRADE | BEARISH | 03/01/24 | $50.00 | $70.5K | 68 | 500 |
| Z | PUT | SWEEP | NEUTRAL | 06/21/24 | $45.00 | $49.8K | 16.1K | 13 |
| Z | PUT | SWEEP | BULLISH | 02/16/24 | $52.50 | $46.5K | 1.3K | 255 |
About Zillow Gr
Zillow Group Inc is an Internet-based real estate company that offers its customers an on-demand experience for selling, buying, renting, or financing with transparency and ease. The group collaborates with real estate agents, brokers, builders, property managers, and landlords to merge technology with top-notch service. The group functions through three segments: the Internet, Media & Technology (IMT) segment, the Mortgages segment, and the Homes segment.
Zillow Gr’s Current Market Standing
- With a volume of 3,364,749, the price of Zillow Gr has decreased by -4.47% to $53.0.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 0 days.
Expert Insights on Zillow Gr
In the last month, 1 expert released ratings on this stock with an average target price of $65.0.
- In a consistent evaluation, an analyst from JP Morgan maintains an Overweight rating on Zillow Gr with a target price of $65.
Options pose a riskier asset compared to purely trading the stock, but they boast higher profit potential. Savvy options traders manage this risk through continuous education, scaling in and out of trades, following more than one indicator, and closely monitoring the markets.
For those wishing to stay informed on the latest options trades for Zillow Gr, Benzinga Pro offers real-time options trade alerts.