Options Trading Activity Surges in Zscaler, Microsoft, and GitLab

Record Volumes Highlight Market Interest

Today, Zscaler Inc (Symbol: ZS) is attracting significant attention in the options market, with a total of 18,877 contracts traded. This represents about 1.9 million underlying shares, which is approximately 139.9% of ZS’s average daily trading volume of 1.3 million shares over the past month. A particularly notable point is the $200 strike call option set to expire on June 20, 2025, with 1,010 contracts traded, accounting for roughly 101,000 underlying shares of ZS. Below is a chart depicting ZS’s trailing twelve-month trading history, with the $200 strike highlighted in orange:

In other trading news, Microsoft Corporation (Symbol: MSFT) witnessed a robust options volume of 231,905 contracts. This translates to about 23.2 million underlying shares, equating to roughly 122.3% of MSFT’s average daily trading volume of 19.0 million shares for the last month. A standout observation is the $450 strike call option expiring on January 31, 2025, with 11,010 contracts traded thus far, representing around 1.1 million underlying shares of MSFT. The chart below illustrates MSFT’s trailing twelve-month trading history, with the $450 strike highlighted in orange:

GitLab Inc (Symbol: GTLB) also reported strong options trading activity, with a volume of 24,516 contracts. This is equivalent to approximately 2.5 million underlying shares, or around 102.5% of GTLB’s average daily trading volume of 2.4 million shares over the past month. The $80 strike call option expiring on February 21, 2025, has seen particularly high interest, with 1,718 contracts traded so far today, representing about 171,800 underlying shares of GTLB. Below is a chart showing GTLB’s trailing twelve-month trading history, with the $80 strike highlighted in orange:

For a look at the various available expirations for ZS, MSFT, or GTLB options, visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• Institutional Holders of CAG
• MSCI Average Annual Return
• RDFN YTD Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.