What whales do with Zoom video communications

A whale with plenty of money to spend has taken a noticeably bearish stance on Focus on video communications.

Viewing Option History for Zoom Video Comms ZM we have detected 20 strange trades.

Looking at the specifics of each trade, it is correct to say that 25% of investors opened trades with bullish expectations and 75% with bearish expectations.

Of all the trades spotted, 14 are puts, for a total amount of $1,454,160 and 6 are calls, for a total amount of $352,402.

What is the target price?

Given the volume and open interest on these contracts, it appears whales have been targeting a price range of $90.0 to $500.0 for Zoom Video Comms over the past 3 months.

Development of volume and open interest

In terms of liquidity and interest, the average open interest for Zoom Video Comms Options trades today is 1541.6 with a total volume of 945.00.

In the following chart, we are able to track the development of the volume and open interest of call and put options for Zoom Video Comms large trades within a strike price range of 90.0 $ to $500.0 in the last 30 days.

Zoom video communication option volume and open interest in the last 30 days

The biggest options spotted:

symbol PUT/CALL Kind of trade Feeling Exp. Dated Strike price Total trade price open interest Volume
ZM TO PUT TRADE BEARISH 05/20/22 $130.00 $391,500 2.6K 319
ZM CALL TRADE BEARISH 06/16/23 $90.00 $142,800 429 30
ZM TO PUT TO SWEEP UP NEUTRAL 01/19/24 $260.00 $142,300 265 ten
ZM TO PUT TRADE BULLISH 01/20/23 $260.00 $139,700 4.3K ten
ZM TO PUT TRADE BEARISH 01/19/24 $250.00 $133.4,000 1.8K ten

Where is Zoom video communications right now?

  • With a volume of 2,596,034, ZM price is down -2.85% at $120.74.
  • RSI indicators suggest that the underlying stock could be close to overbought.
  • The next results should be published in 56 days.

What experts say about Zoom video communications:

  • Benchmark upgraded its stock to buy with a price target of $124
  • Wells Fargo has decided to maintain its equal weight rating on Zoom Video Comms, which currently sits at a target price of $105.

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

About Mildred B.

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