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: Jan 21, 2028
Days to expiration: 468
Share price: $29.01
Put/call ratio (OI): 0.30
Put/call ratio (volume): 0.65
ATM implied volatility: 65.5%
Expected move: ±$21.52
Open interest (C / P): 8.84K / 2.62K

Z options summary

The Z options chain for the January 21, 2028 expiration lists 41 call and 36 put contracts, with 468 days until expiration. Open interest stands at 8,837 calls and 2,621 puts, a put/call ratio of 0.30, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $30.00 strike is 65.5%, which implies the market expects a move of about ±$21.52 (74.2%) in Zillow Group stock by expiration.

The most open interest sits at the $75.00 call (1.40K contracts) and the $27.50 put (545 contracts).

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

Z options chain · January 21, 2028

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
6	2	73.1%	15.10	13.50	18.50	15.00	0.00	1.35	1.14	62.5%	—	5
226	1	70.3%	13.05	13.70	14.80	17.50	1.45	1.80	1.70	55.2%	10	309
136	1	66.9%	12.66	12.00	13.10	20.00	1.70	3.60	2.60	56.9%	1	237
141	1	64.8%	10.30	10.60	11.50	22.50	1.00	4.00	3.67	59.5%	1	34
394	20	61.3%	8.70	7.50	11.50	25.00	4.10	4.70	4.54	51.6%	1	129
8	1	63.8%	8.74	8.40	9.10	27.50	5.50	5.80	5.70	50.6%	70	545
Z $29.01
563	9	61.8%	7.70	7.30	7.90	30.00	4.50	9.50	7.60	69.2%	1	376
241	1	59.2%	6.15	5.50	7.40	32.50	8.20	9.00	8.95	52.0%	1	33
358	50	61.6%	6.00	5.60	6.50	35.00	9.80	10.70	10.82	51.5%	1	197
40	1	58.5%	4.78	4.20	5.80	37.50	9.50	12.30	12.20	49.3%	13	92
385	1	58.1%	4.30	3.80	5.00	40.00	12.60	15.20	14.83	56.6%	1	163
80	10	61.7%	3.75	2.25	6.50	42.50	0.00	0.00	14.30	—	6	0
480	5	59.0%	3.10	3.00	4.20	45.00	15.50	20.50	19.00	66.2%	2	57
886	1	60.0%	3.86	3.10	3.60	47.50	14.50	18.00	18.40	—	2	24
489	3	60.4%	2.70	2.70	3.40	50.00	21.90	22.60	22.20	47.3%	4	261
40	5	67.3%	2.44	2.15	5.00	52.50	19.80	21.10	21.70	—	63	50
80	2	68.3%	2.15	1.80	5.00	55.00	26.00	27.40	27.72	49.9%	1	4
55	10	66.5%	1.93	0.85	5.00	57.50	19.00	22.50	20.58	—	2	2
126	1	55.1%	1.40	0.75	2.30	60.00	29.00	34.00	32.47	69.5%	1	9
34	5	58.9%	4.05	1.40	2.00	62.50	31.50	36.00	34.85	67.0%	4	5
111	1	59.0%	1.56	1.20	1.90	65.00	33.80	38.40	29.90	67.9%	2	8
28	1	60.1%	1.80	1.05	1.95	67.50	31.40	34.00	38.09	—	1	7
484	25	76.7%	1.25	1.00	5.00	70.00	35.00	40.00	28.20	—	3	5
99	1	82.8%	4.71	3.00	4.00	72.50	28.00	32.50	33.00	—	5	11
1,402	1	60.3%	1.05	0.70	1.60	75.00	43.50	46.10	44.25	39.3%	1	4
26	2	62.0%	1.85	0.05	2.30	77.50	34.50	38.85	27.38	—	—	47
255	7	54.9%	0.75	0.05	1.20	80.00	44.00	48.90	36.12	—	1	2
40	1	59.8%	1.53	0.40	1.30	82.50	46.50	51.00	39.25	—	1	1
95	25	80.7%	0.50	0.00	5.00	85.00	48.50	53.50	41.41	—	1	1
83	78	80.4%	2.10	1.40	3.30	87.50	—	—	—	—	—	—
149	2	55.7%	0.55	0.00	0.90	90.00	0.00	0.00	54.25	—	1	0
30	1	56.1%	0.55	0.00	0.85	92.50	0.00	0.00	21.25	—	—	0
52	1	85.4%	0.90	0.00	5.00	95.00	—	—	—	—	—	—
10	2	86.7%	2.65	0.05	5.00	97.50	0.00	0.00	24.06	—	—	0
844	10	63.1%	0.45	0.35	0.90	100.00	34.00	38.65	29.67	—	3	3
30	1	59.2%	0.90	0.10	0.65	105.00	0.00	0.00	28.68	—	—	0
58	1	57.8%	0.35	0.00	0.55	110.00	63.00	68.00	68.25	—	—	0
11	5	84.3%	0.91	0.00	3.40	115.00	—	—	—	—	—	—
78	2	93.8%	0.75	0.00	4.80	120.00	—	—	—	—	—	—
18	5	96.7%	0.80	0.05	5.00	125.00	—	—	—	—	—	—
166	10	98.5%	0.25	0.10	5.00	130.00	84.50	89.50	74.84	—	—	0

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 January 21, 2028 expiration, the Z put/call ratio based on open interest is 0.30 (2,621 puts vs 8,837 calls), and 0.65 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 January 21, 2028 is about 65.5%, 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.