Zscaler's Options Frenzy: What You Need to Know - Zscaler (NASDAQ:ZS)

Core Insights - Whales have adopted a bullish stance on Zscaler, with 55% of trades reflecting bullish expectations and 11% bearish [1] - Analysts have set an average target price of $327.8 for Zscaler, with individual targets ranging from $264 to $365 [10][11] Options Activity - A total of 9 trades were detected for Zscaler, with 5 puts amounting to $264,851 and 4 calls totaling $159,802 [1] - The average open interest for Zscaler options is 356, with total volume reaching 528 [3] Price Targets - Whales have been targeting a price range for Zscaler between $120.0 and $270.0 over the last 3 months [2] Company Overview - Zscaler is a SaaS firm providing cloud-native cybersecurity solutions, focusing on enterprise customers [8] - The company offers Zscaler Internet Access for secure external application access and Zscaler Private Access for secure internal application access [8] Analyst Ratings - Citigroup maintains a Buy rating with a target price of $350, while Bernstein has lowered its rating to Market Perform with a target of $264 [11] - Stifel and UBS also maintain Buy ratings with target prices of $320 and $340, respectively [11]