Cybersecurity Stock Could be a Sleeping Giant

Group 1 - Zscaler Inc (NASDAQ:ZS) has experienced a continued rally since a positive post-earnings performance in late May, with the stock recently breaking out above the $304 level, which is 19 times its IPO price [2] - Short interest in Zscaler is at an all-time high, with 9% of the stock's available float sold short, indicating a significant bearish sentiment among investors [3] - Implied volatility (IV) for Zscaler is currently 92% lower than its annual readings, suggesting a decrease in market expectations for future volatility [3] Group 2 - The recommended August call option for Zscaler has a leverage ratio of 10.4, meaning it will double in value with a 10% increase in the underlying stock price [4]