Market Whales and Their Recent Bets on Zscaler Options
Whales with a lot of money to spend have taken a noticeably bullish stance on Zscaler.
Looking at options history for Zscaler (NASDAQ:ZS) we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 62% of the investors opened trades with bullish expectations and 37% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $954,941 and 5, calls, for a total amount of $174,654.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $230.0 to $310.0 for Zscaler over the last 3 months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Zscaler options trades today is 277.71 with a total volume of 1,345.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Zscaler's big money trades within a strike price range of $230.0 to $310.0 over the last 30 days.
Zscaler Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ZS | PUT | TRADE | BEARISH | 09/18/26 | $43.6 | $40.55 | $42.6 | $280.00 | $852.0K | 45 | 200 |
| ZS | PUT | SWEEP | BEARISH | 01/16/26 | $36.25 | $36.2 | $36.25 | $300.00 | $76.1K | 230 | 22 |
| ZS | CALL | SWEEP | BULLISH | 01/16/26 | $71.65 | $71.2 | $71.65 | $230.00 | $42.9K | 314 | 6 |
| ZS | CALL | SWEEP | BULLISH | 08/08/25 | $0.68 | $0.46 | $0.65 | $310.00 | $37.5K | 28 | 1.0K |
| ZS | CALL | SWEEP | BULLISH | 08/15/25 | $12.5 | $12.15 | $12.5 | $280.00 | $36.2K | 402 | 60 |
About Zscaler
Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.
Following our analysis of the options activities associated with Zscaler, we pivot to a closer look at the company's own performance.
Current Position of Zscaler
- With a volume of 774,081, the price of ZS is down -0.03% at $289.97.
- RSI indicators hint that the underlying stock may be approaching oversold.
- Next earnings are expected to be released in 34 days.
Professional Analyst Ratings for Zscaler
1 market experts have recently issued ratings for this stock, with a consensus target price of $355.0.
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* Consistent in their evaluation, an analyst from JMP Securities keeps a Market Outperform rating on Zscaler with a target price of $355.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Zscaler, Benzinga Pro gives you real-time options trades alerts.
