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What the options market tells us about Zoom Video Comms – Zoom Video Comms (NASDAQ:ZM)

What the options market tells us about Zoom Video Comms – Zoom Video Comms (NASDAQ:ZM)

Investors who can spend a lot of money have taken an optimistic stance Zoom video communication CM.

And private traders should know.

We noticed this today when the trades appeared in the publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens in ZM, it often means that someone knows something is going to happen.

So how do we know what these investors just did?

Today, Benzinga’s Options Scanner discovered 32 unusual options trades for Zoom Video Comms.

This is not normal.

The overall sentiment of these wholesalers is 43% optimistic and 40% pessimistic.

Of all the special options we discovered, 11 are put options with a total amount of $723,282 and 21 are call options with a total amount of $1,139,024.

Expected price range

Based on trading activity, it appears that major investors are targeting a price range of $44.50 to $75.00 for Zoom Video Comms over the past three months.

Analysis of volume and open interest

When trading options, it is useful to look at volume and open interest. This data can help you track the liquidity and interest in Zoom Video Comms options for a specific strike price. Below we can observe the evolution of volume and open interest of calls and puts respectively for all Zoom Video Comms whale trades within a strike price range of $44.5 to $75.0 over the last 30 days.

Zoom Video Comms 30-Day Options Volume and Interest Snapshot

Options Call Chart

Notable options activity:

symbol PUT/CALL Trading type Feeling Expiry date Questions bid Price Exercise price Total trading price Open interest volume
CM CALL SWEEP NEUTRAL 23.08.24 $6.75 $6.55 $6.72 64,00 € 134.4 thousand USD 1,0k 279
CM CALL SWEEP BULLISH 20.06.25 7,95 € 7,8 € 7,95 € 75,00 € 117.6 thousand USD 2.2K 182
CM CALL SWEEP BULLISH 20.06.25 7,7 € 7.4 USD 7,7 € 75,00 € 110.8 thousand USD 2.2K 343
CM SET SWEEP BEARISH 20.06.25 $7.25 6,95 € 7.2 USD 70,00 € 110.1 thousand USD 19 328
CM SET SWEEP BEARISH 20.06.25 $7.15 6,90 € $7.15 70,00 € 105.1 thousand USD 19 156

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 devices and locations in a single meeting. Founded in 2011 and headquartered in San Jose, California, Zoom serves businesses of all sizes and industries around the world.

Given the recent options history for Zoom Video Comms, it is now appropriate to focus on the company itself. We want to examine its current performance.

What is the current status of Zoom video communication?

  • The trading volume is 8,096,516, with the price of ZM increasing by 3.2% to trade at $70.22.
  • RSI indicators show that the stock may be overbought.
  • Earnings announcement is expected in 87 days.

Professional analyst ratings for Zoom Video Comms

In the past month, five industry analysts have shared their insights on this stock, suggesting an average price target of $74.6.

  • An analyst at B of A Securities remains true to his assessment and continues to give Zoom Video Comms a neutral rating with a price target of USD 75.
  • An analyst at Benchmark downgraded his rating to “Buy” and adjusted the price target to $83.
  • A Rosenblatt analyst remains consistent with his assessment and continues to recommend Zoom Video Comms as a “buy” with a price target of $78.
  • A Wells Fargo analyst maintains his underweight rating on Zoom Video Comms and maintains a price target of $60.
  • A Baird analyst remains true to his assessment and continues to give Zoom Video Comms an “outperform” rating with a price target of $77.

Options trading involves greater risk but also offers the potential for greater rewards. Experienced traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing a variety of indicators, and considering market dynamics. Stay on top of the latest Zoom Video Comms options trades and get real-time alerts with Benzinga Pro.

Market news and data provided by Benzinga APIs

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