Looking At Zoom Video Comms's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Zoom Video Comms (NASDAQ:ZM), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $60.0 to $100.0 for Zoom over the last 3 months. The current price of ZM is up 1.48% at $68.57. Analysts have mixed opinions, with price targets ranging from $66 to $100.
August 29, 2023 | 6:01 pm
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Zoom Video Comms has seen unusual options activity, with a majority of investors taking a bullish stance. The current price of ZM is up 1.48% at $68.57. Analysts have mixed opinions, with price targets ranging from $66 to $100.
The unusual options activity, majority of which is bullish, indicates that investors are expecting the price of Zoom to increase. This, combined with the current upward trend in the stock's price, suggests a positive short-term impact. However, the mixed analyst ratings introduce some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100