Bullish option flow detected in Zillow with 7,990 calls trading, 3x expected, and implied vol increasing almost 2 points to 60.56%. May-24 51 calls and Jun-24 45 calls are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.11. Earnings are expected on May 1st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on Z:
- Zillow price target raised to $77 from $75 at Jefferies
- Zillow elevated to ‘Top Pick’ in U.S. Internet at Jefferies
- Zillow, Redfin to weather storm as real estate commissions fall, Barron’s says
- Appeals court says DOJ can reopen antitrust probe into NAR, Bloomberg reports
- Zillow Group’s Listing Showcase momentum strong, says DA Davidson