Bearish flow noted in Zillow (Z) with 2,889 puts trading, or 1.4x expected. Most active are Mar-25 72.5 puts and Mar-25 74 puts, with total volume in those strikes near 810 contracts. The Put/Call Ratio is 7.00, while ATM IV is up over 1 point on the day. Earnings are expected on May 7th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on Z:
- Zillow put volume heavy and directionally bearish
- Optimistic Buy Recommendation for Zillow Group Class C Driven by Strong Revenue Growth and Positive Financial Outlook
- Zillow Group price target raised to $80 from $75 at Susquehanna
- Zillow Group Class A: Hold Rating Amid Conservative Guidance and Market Challenges
- Zillow Group price target raised to $98 from $95 at Cit