Nov. 12 at 12:36 AM
Seeing some solid action in
$ZM
Big moves with Dec 2026
$115 calls, 2,032 contracts at
$1.12M and a 970 contract sweep earlier
This concentrated buying at one strike with low OI is a good sign if it keeps up
Rosenblatt just bumped the price target to
$115, calling it a Buy based on bullish checks
This aligns with the LEAPS activity and could drive more call demand soon
Feels like institutions are gearing up for a multi-quarter run
Keep an eye on those call sweeps and any IV bids for confirmation