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: May 21, 2027
Days to expiration: 223
Share price: $29.01
Put/call ratio (OI): 3.35
Put/call ratio (volume): 5.69
ATM implied volatility: 58.4%
Expected move: ±$13.24
Open interest (C / P): 43 / 144

Z options summary

The Z options chain for the May 21, 2027 expiration lists 5 call and 9 put contracts, with 223 days until expiration. Open interest stands at 43 calls and 144 puts, a put/call ratio of 3.35, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $30.00 strike is 58.4%, which implies the market expects a move of about ±$13.24 (45.6%) in Zillow Group stock by expiration.

The most open interest sits at the $40.00 call (16 contracts) and the $17.50 put (46 contracts).

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

Z options chain · May 21, 2027

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
—	—	—	—	—	—	15.00	—	—	0.45	—	—	—
—	—	—	—	—	—	17.50	0.15	1.40	0.90	60.6%	1	46
—	—	—	—	—	—	20.00	0.70	1.85	1.43	58.4%	30	31
—	—	—	—	—	—	22.50	0.40	3.60	2.40	57.1%	1	10
—	—	—	—	—	—	25.00	1.70	4.90	3.39	60.6%	1	6
—	—	—	—	—	—	27.50	3.20	5.00	4.30	55.0%	40	44
Z $29.01
9	1	62.8%	4.50	3.80	6.70	30.00	4.20	6.70	5.70	54.0%	—	6
—	—	—	—	—	—	32.50	—	—	7.80	—	—	—
10	—	61.0%	2.75	1.80	4.00	37.50	9.10	12.00	9.90	51.1%	1	1
16	10	60.1%	1.85	1.85	2.80	40.00	—	—	—	—	—	—
—	—	—	1.45	—	—	42.50	—	—	—	—	—	—
8	2	59.3%	1.40	0.80	2.25	45.00	—	—	—	—	—	—

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 May 21, 2027 expiration, the Z put/call ratio based on open interest is 3.35 (144 puts vs 43 calls), and 5.69 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 May 21, 2027 is about 58.4%, 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.