Zillow Group (Z) Options Chain

NASDAQ: ZConsumer DiscretionaryBusiness ServicesUSD

29.01-0.16 (-0.55%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $29.01
Put/call ratio (OI): 1.74
Put/call ratio (volume): 0.41
ATM implied volatility: 63.7%
Expected move: ±$7.98
Open interest (C / P): 3.38K / 5.88K

Z options summary

The Z options chain for the December 18, 2026 expiration lists 34 call and 25 put contracts, with 68 days until expiration. Open interest stands at 3,378 calls and 5,883 puts, a put/call ratio of 1.74, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $30.00 strike is 63.7%, which implies the market expects a move of about ±$7.98 (27.5%) in Zillow Group stock by expiration.

The most open interest sits at the $32.50 call (927 contracts) and the $25.00 put (1.78K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

Z options chain · December 18, 2026

Z calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
1	—	142.6%	12.70	9.70	13.10	17.50	0.00	0.60	0.12	83.4%	2	18
47	1	95.1%	8.30	8.10	10.00	20.00	0.00	0.35	0.37	57.0%	2	820
11	1	70.6%	6.19	6.80	8.00	22.50	0.50	0.65	0.62	59.8%	2	146
51	1	61.3%	9.45	3.90	6.70	25.00	1.10	1.35	1.25	59.7%	15	1,785
67	1	63.2%	3.58	3.00	4.80	27.50	1.50	2.90	2.27	59.2%	11	261
Z $29.01
314	17	67.1%	2.60	2.50	3.40	30.00	3.00	4.20	3.55	60.4%	50	262
927	7	63.3%	1.32	1.50	2.30	32.50	4.70	5.60	4.10	58.3%	1	273
292	3	61.9%	1.21	1.00	1.45	35.00	5.60	7.90	4.67	50.5%	1	361
235	3	62.5%	0.60	0.40	1.25	37.50	7.60	10.80	10.70	59.3%	15	43
295	3	58.5%	0.48	0.25	0.60	40.00	10.60	12.00	12.57	53.9%	2	108
53	10	61.6%	0.37	0.00	0.65	42.50	13.10	14.20	14.50	52.8%	1	1,752
144	14	62.9%	0.15	0.15	0.30	45.00	14.30	18.00	12.80	58.8%	5	24
17	7	76.6%	0.15	0.00	0.75	47.50	17.10	20.60	15.55	76.0%	1	9
143	1	77.0%	0.05	0.05	0.50	50.00	19.10	23.10	19.70	65.0%	1	0
145	75	71.1%	0.10	0.00	0.25	52.50	11.20	13.30	13.35	—	1	2
98	10	65.6%	0.11	0.00	0.10	55.00	16.70	20.00	22.70	—	5	12
64	2	76.8%	0.10	0.00	0.20	57.50	0.00	0.00	23.62	—	8	0
124	5	106.6%	0.06	0.00	0.95	60.00	29.10	33.10	25.30	81.8%	2	0
17	4	97.8%	0.40	0.00	0.50	62.50	0.00	0.00	21.70	—	—	0
60	5	84.0%	0.06	0.00	0.15	65.00	33.20	37.50	34.90	152.7%	2	0
11	1	111.7%	0.08	0.00	0.70	67.50	23.75	26.95	10.45	—	1	5
51	3	147.2%	0.04	0.00	2.15	70.00	38.20	42.50	38.00	161.2%	2	0
33	8	117.0%	0.05	0.00	0.65	72.50	34.20	37.60	42.22	—	20	0
0	103	50.0%	0.15	0.00	0.00	75.00	—	—	—	—	—	—
23	1	113.7%	0.25	0.00	0.40	77.50	16.75	17.60	17.38	—	1	1
0	1	50.0%	0.05	0.00	0.00	80.00	—	—	—	—	—	—
0	1	50.0%	0.60	0.00	0.00	82.50	—	—	—	—	—	—
13	3	146.6%	0.06	0.00	1.15	85.00	—	—	—	—	—	—
17	1	173.6%	0.25	0.00	2.15	90.00	45.25	47.90	26.50	—	2	1
31	4	128.7%	0.08	0.00	0.35	95.00	—	—	—	—	—	—
4	3	151.7%	0.05	0.00	0.80	100.00	—	—	—	—	—	—
11	4	189.0%	0.06	0.00	2.15	105.00	—	—	—	—	—	—
15	5	169.3%	0.04	0.00	1.10	110.00	—	—	—	—	—	—
64	62	134.4%	0.10	0.00	0.20	115.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the Z put/call ratio?

For the December 18, 2026 expiration, the Z put/call ratio based on open interest is 1.74 (5,883 puts vs 3,378 calls), and 0.41 based on today's volume. A ratio above 1 means more puts than calls.

What is Z's implied volatility?

At-the-money implied volatility for Z options expiring December 18, 2026 is about 63.7%, an annualized estimate of how much the market expects Zillow Group stock to move.

How many Z option expiration dates are there?

Z has 11 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.