the article talks about how big important companies are showing that they believe in a company called Zscaler. They think Zscaler's value will go up. There were some unusual things happening with people buying options for Zscaler's stock. People think Zscaler will be between $135 and $250 in value in the next 3 months. The article also mentions that Zscaler helps businesses stay safe on the internet. Read from source...
readers' perception.
Zscaler (ZS) is a cloud-native cybersecurity software-as-a-service (SaaS) firm, providing internet and private access for secure external and internal applications. Given its current market status, it is a good investment opportunity, and its trading volume is significant, with potential for higher profits. However, traders should be cautious due to the potential risks involved in trading options. Therefore, staying up-to-date with ongoing education, adjusting trade strategies, and keeping an eye on market dynamics is essential for managing risks. According to the recent options history and trends for Zscaler, the price territory for the stock is expected to range between $135.0 to $250.0. The largest options trades observed are valued at $182,711 for puts and $73,050 for calls. Although the price of ZS is up by 1.79%, indicating possible overbought status, the next earnings report is scheduled for 43 days from now, providing more time for traders to adjust their strategies accordingly.