Bearish flow noted in Zscaler (ZS) with 4,309 puts trading, or 1.7x expected. Most active are Apr-25 187.5 puts and Sep-25 130 puts, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 1.98, while ATM IV is up over 5 points on the day. Earnings are expected on May 29th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZS:
- Zscaler price target lowered to $240 from $245 at Jefferies
- Zscaler, Rocket Lab, American Tower, Intuit, and Zomedica: Insider Moves Unveiled!
- Alphabet Stock (GOOGL) Gets Upbeat Analyst Reviews on Google-Wiz Deal
- Zscaler assumed with an Equal Weight at Morgan Stanley
- Zscaler’s Strategic Positioning and Growth Potential: A Buy Recommendation