Someone with a lot of money to spend has taken a bearish stance on Zoom Video Comms ZM .

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with ZM, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 19 uncommon options trades for Zoom Video Comms.

This isn't normal.

The overall sentiment of these big-money traders is split between 36% bullish and 63%, bearish.

Out of all of the special options we uncovered, 12 are puts, for a total amount of $724,185, and 7 are calls, for a total amount of $188,645.

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $70.0 to $410.0 for Zoom Video Comms over the last 3 months.

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Zoom Video Comms's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Zoom Video Comms's whale trades within a strike price range from $70.0 to $410.0 in the last 30 days.

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume ZM PUT SWEEP NEUTRAL 01/20/23 $410.00 $132.3K 71 1 ZM PUT TRADE BEARISH 10/28/22 $74.00 $110.6K 1 280 ZM PUT SWEEP BULLISH 09/30/22 $80.00 $105.4K 473 264 ZM PUT TRADE BULLISH 10/28/22 $80.00 $66.5K 215 104 ZM PUT TRADE BULLISH 10/28/22 $80.00 $63.8K 215 102

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Zoom Video Comms, Benzinga Pro gives you real-time options trades alerts.

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