Bullish option flow detected in Zillow with 16,793 calls trading, 8x expected, and implied vol increasing over 2 points to 41.05%. 5/10 weekly 45 calls and 5/10 weekly 43 calls are the most active options, with total volume in those strikes near 14,500 contracts. The Put/Call Ratio is 0.12. Earnings are expected on July 31st.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on Z:
- Zillow Group price target lowered to $60 from $66 at RBC Capital
- Zillow Group price target lowered to $45 from $50 at Canaccord
- Zillow Group price target lowered to $51 from $65 at Craig-Hallum
- Zillow Group price target lowered to $52 from $63 at DA Davidson
- Zillow Group price target lowered to $65 from $72 at UBS