Smart Money's Significant Moves in Zscaler Options

Recent activity among financial giants indicates a strong bullish sentiment towards Zscaler, a company listed on the NASDAQ as ZS. Our investigation of Zscaler's options trading history revealed 13 unusual trades, with a majority leaning towards a positive outlook.

In our analysis, 46% of traders expressed a bullish viewpoint, while 30% appeared bearish. Of the trades identified, 8 were put options valued at a total of $374,856, and 5 were call options with a combined value of $419,285.

Price Target Insights

Evaluating trading volumes and open interest suggests that significant market players are concentrating on a price range for Zscaler between $100.00 and $260.00 over the last three months.

Volume and Open Interest Trends

Monitoring volume and open interest is crucial when trading options. This information allows traders to assess the liquidity and interest surrounding Zscaler's options at various strike prices. Below, we examine the changes in volume and open interest for both calls and puts across significant trades within Zscaler’s strike price range of $100.00 to $260.00 in the past month.

Zscaler's 30-Day Options Activity Overview

Symbol	Type	Trade Style	Sentiment	Expiration Date	Asking Price	Bid Price	Trade Price	Strike Price	Total Trade Value	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 (SaaS) company that specializes in cloud-based cybersecurity solutions, primarily catering to enterprise clients. Its services are categorized into Zscaler Internet Access, which offers secure connections to external applications, and Zscaler Private Access, allowing secure access to internal applications. Founded in San Jose, California, Zscaler made its public debut in 2018.

Zscaler's Current Market Position

• Trading volume currently stands at 893,433, with ZS's stock price up by 2.4%, now at $190.15.
• RSI indicators suggest that the stock may be nearing oversold territory.
• An earnings report is anticipated in about 70 days.

Analysts' Perspectives on Zscaler

In the past month, five analysts have released ratings on Zscaler stock, with an average price target set at $229.00. Notably, an analyst from Keybanc maintains an Overweight rating, projecting a price target of $250. However, an analyst from Needham has downgraded their rating to Buy with a $240 price target. In contrast, Wells Fargo continues with an Equal-Weight rating, aiming for a $190 target. Additionally, JP Morgan upholds an Overweight rating with a $240 target, while Susquehanna retains its Positive outlook at a target of $225.

Engaging in options trading carries higher risks, but it can also lead to substantial profits. Seasoned traders often manage these risks by pursuing educational opportunities, making strategic adjustments, utilizing diverse indicators, and remaining attentive to market trends. For real-time updates on Zscaler's options trades, platforms like Benzinga Pro are invaluable for timely alerts.

Zscaler, Options, Trading