ZG240517P00075000 Option on Zillow Group
| ZG Stock | USD 41.01 0.12 0.29% |
Zillow's latest option contracts expiring on 2024-06-21 are carrying combined implied volatility of 70.27 with a put-to-call open interest ratio of 0.75 over 20 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2024-06-21. The current put volume is at 5, with calls trading at the volume of 65. This yields a 0.08 put-to-call volume ratio.
Open Interest Against 2024-06-21 Option Contracts
2024-06-21
The chart above shows Zillow's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Zillow's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Zillow's option, there is no secondary market available for investors to trade.
Zillow's option chain provides insight into all available option contracts written on Zillow's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Zillow's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Zillow option contract.
In The Money vs. Out of Money Option Contracts on Zillow
Analyzing Zillow's in-the-money options over time can help investors to take a profitable long position in Zillow regardless of its overall volatility. This is especially true when Zillow's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Zillow's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Zillow's stock while costing only a fraction of its price.
Zillow's stock options are financial instruments that give investors the right to buy or sell shares of Zillow Group common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Zillow stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Zillow's stock price goes up or down, the stock options follow.
At this time, Zillow's Other Stockholder Equity is most likely to increase significantly in the upcoming years. The Zillow's current Common Stock Total Equity is estimated to increase to about 30.2 K, while Capital Stock is projected to decrease to 0.00. Zillow Group In The Money Call Balance
When Zillow's strike price is surpassing the current stock price, the option contract against Zillow Group stock is said to be in the money. When it comes to buying Zillow's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Zillow Group are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Zillow Current Options Market Mood
Zillow's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Zillow Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of Zillow's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Zillow's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Zillow's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current Zillow contract
Base on the Rule 16, the options market is currently suggesting that Zillow Group will have an average daily up or down price movement of about 4.39% per day over the life of the 2024-06-21 option contract. With Zillow trading at USD 41.01, that is roughly USD 1.8. If you think that the market is fully incorporating Zillow's daily price movement you should consider buying Zillow Group options at the current volatility level of 70.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Zillow |
Purchasing Zillow options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Zillow calls. Remember, the seller must deliver Zillow Group stock to the call owner when a call is exercised.
Zillow Option Chain
When Zillow's strike price is surpassing the current stock price, the option contract against Zillow Group stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Zillow's option chain is a display of a range of information that helps investors for ways to trade options on Zillow. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Zillow. It also shows strike prices and maturity days for a Zillow against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-06-21 CALL at $20.0 | 0.9597 | 0.0029 | 0 | 2024-06-21 | 19.1 - 23.1 | 0.0 | In |
Call | 2024-06-21 CALL at $22.5 | 0.9589 | 0.0035 | 0 | 2024-06-21 | 18.3 - 18.8 | 0.0 | In |
Call | 2024-06-21 CALL at $25.0 | 0.8565 | 0.0083 | 0 | 2024-06-21 | 14.7 - 17.0 | 0.0 | In |
Call | 2024-06-21 CALL at $30.0 | 0.8189 | 0.0141 | 5 | 2024-06-21 | 9.6 - 12.5 | 11.85 | In |
Call | 2024-06-21 CALL at $35.0 | 0.8151 | 0.0271 | 23 | 2024-06-21 | 6.1 - 6.4 | 5.55 | In |
Call | 2024-06-21 CALL at $40.0 | 0.5096 | 0.0618 | 362 | 2024-06-21 | 2.05 - 2.25 | 2.0 | In |
Call | 2024-06-21 CALL at $45.0 | 0.1451 | 0.0421 | 372 | 2024-06-21 | 0.35 - 0.45 | 0.37 | Out |
Call | 2024-06-21 CALL at $50.0 | 0.0399 | 0.0145 | 306 | 2024-06-21 | 0.05 - 0.45 | 0.09 | Out |
Call | 2024-06-21 CALL at $55.0 | 0.0205 | 0.0071 | 18 | 2024-06-21 | 0.05 - 0.15 | 0.05 | Out |
Put | 2024-06-21 PUT at $35.0 | -0.104 | 0.0612 | 290 | 2024-06-21 | 0.1 - 0.2 | 0.15 | Out |
Zillow Total Stockholder Equity Over Time
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. Total Stockholder Equity |
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Zillow Common Stock Shares Outstanding Over Time
The total number of shares of a company's common stock that are currently owned by all its shareholders. Common Stock Shares Outstanding |
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Zillow Total Stockholder Equity
Total Stockholder Equity |
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Zillow Corporate Management
| Bradley Owens | General VP | Profile | |
| David Beitel | Chief Officer | Profile | |
| Bradley Berning | Vice Relations | Profile | |
| Jeremy Wacksman | Chief Marketing Officer | Profile | |
| Dan Spaulding | Chief People Officer | Profile |
Additional Information and Resources on Investing in Zillow Stock
When determining whether Zillow Group is a strong investment it is important to analyze Zillow's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zillow's future performance. For an informed investment choice regarding Zillow Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zillow Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zillow. If investors know Zillow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zillow listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Earnings Share (0.69) | Revenue Per Share 8.581 | Quarterly Revenue Growth 0.128 | Return On Assets (0.02) |
The market value of Zillow Group is measured differently than its book value, which is the value of Zillow that is recorded on the company's balance sheet. Investors also form their own opinion of Zillow's value that differs from its market value or its book value, called intrinsic value, which is Zillow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zillow's market value can be influenced by many factors that don't directly affect Zillow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zillow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zillow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zillow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.