Whales Show Bullish Interest in Zscaler (NASDAQ: ZS)

Investors with significant resources are increasingly optimistic about Zscaler (ZS), a development that market participants should take seriously. Recent observations from options trading indicate noteworthy movements that suggest something substantial could be on the horizon for Zscaler.

Our analysis revealed a remarkable level of options trading activity today, specifically highlighting nine unusual instances related to Zscaler. Such heightened activity tends to diverge from the norm, hinting at potential shifts in market dynamics.

Among these seasoned investors, the sentiment appears mixed: approximately 55% appear bullish while 33% take a bearish stance. Notably, of the highlighted options, six are puts valued at a total of $221,535, contrasted with three calls that amount to $248,650.

Potential Price Range

In examining the trading volume and open interest, it is clear that major market players are focusing on a price range between $155.00 and $250.00 for Zscaler over the past three months. Such insight is crucial for understanding where the stock might move in the near future.

Volume and Open Interest Insights

Analyzing the volume and open interest adds essential context to the trading landscape. Understanding levels of liquidity and interest for Zscaler's options at various strike prices helps investors gauge potential price movements and market sentiment.

Recent Options Trading Overview

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
ZS	CALL	TRADE	NEUTRAL	04/17/25	$27.0	$25.55	$26.3	$200.00	$131.5K	204	50
ZS	CALL	TRADE	BEARISH	09/19/25	$19.8	$19.2	$19.2	$250.00	$86.4K	242	45
ZS	PUT	TRADE	BEARISH	11/29/24	$1.0	$0.33	$1.0	$205.00	$61.6K	1.2K	184
ZS	PUT	TRADE	BEARISH	11/29/24	$26.0	$25.35	$26.0	$230.00	$52.0K	1	20
ZS	CALL	TRADE	BULLISH	06/20/25	$61.5	$61.5	$61.5	$155.00	$30.7K	16	5

About Zscaler

Zscaler is a company that offers cloud-based cybersecurity services primarily to business clients. Its main services are divided into Zscaler Internet Access, which ensures secure connections to external applications, and Zscaler Private Access, which guarantees secure access to internal company applications. Based in San Jose, California, Zscaler made its public debut in 2018.

Following our detailed examination of options trading in Zscaler, it is important to review the company's overall market status and performance.

Zscaler’s Current Market Situation

• The trading volume has reached 678,720, while Zscaler's stock price has decreased by 2.99%, now standing at $204.02.
• Relative Strength Index (RSI) indicators suggest that the stock might be nearing overbought conditions.
• An earnings announcement is anticipated within the next five days.

Expert Opinions on Zscaler

In the past month, five analysts have provided insights about Zscaler, indicating an average target price of $243.00 for the stock.

Potential Profits from Options Trading

Experts such as those from Keybanc and Barclays maintain an Overweight rating for Zscaler, recommending target prices of $245 and $220, respectively. JMP Securities has labeled the stock as Market Outperform with a higher target of $270, while Stifel advises a Buy rating with a target of $235. Jefferies also holds a Buy rating, targeting a price of $245.

Although trading options can carry higher risks, they also offer opportunities for greater rewards. Informed traders often mitigate risks by continuously educating themselves, adjusting their strategic trades, employing various indicators, and staying updated with market changes.

For real-time information regarding options trades on Zscaler, traders can stay informed through reliable market sources.

investors, options, trading