Group 1 - Significant bearish positions have been taken by large investors in ZIM Integrated Shipping, indicating potential foreknowledge of upcoming events [1][2] - Among the options transactions identified, 75% are bearish while only 25% are bullish, with a total of 8 options transactions recorded [2] - The predicted price range for ZIM Integrated Shipping over the last 3 months is between $11.66 and $16.66, based on volume and open interest [3] Group 2 - The mean open interest for ZIM options trades is 6104.17, with a total volume of 8,100.00, indicating liquidity and interest in the options market [4] - Noteworthy options activity shows a mix of bearish and bullish sentiments, with significant put trades indicating bearish outlooks [9] - The current market price of ZIM is $13.48, reflecting a decrease of 3.06%, with upcoming earnings expected in 44 days [16]
Decoding ZIM Integrated Shipping's Options Activity: What's the Big Picture? - ZIM Integrated Shipping (NYSE:ZIM)