Zhihu (ZH) Options Chain
NYSE: ZHConsumer DiscretionaryBusiness ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Mar 19, 2027
- Days to expiration
- 159
- Share price
- $3.47
- Put/call ratio (OI)
- 1.44
- Put/call ratio (volume)
- 2.20
- Expected move
- ±$1.86
- Open interest (C / P)
- 18 / 26
ZH options summary
The ZH options chain for the March 19, 2027 expiration lists 2 call and 2 put contracts, with 159 days until expiration. Open interest stands at 18 calls and 26 puts, a put/call ratio of 1.44, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $2.50 strike is 81.1%, which implies the market expects a move of about ±$1.86 (53.5%) in Zhihu stock by expiration.
The most open interest sits at the $2.50 call (16 contracts) and the $5.00 put (20 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
ZH options chain · March 19, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 1.15 | 0.70 | 1.40 | 2.50 | 0.00 | 0.10 | 0.09 | |||||
| 0.20 | 0.00 | 0.75 | 5.00 | 1.40 | 2.00 | 1.30 | |||||
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 ZH put/call ratio?
For the March 19, 2027 expiration, the ZH put/call ratio based on open interest is 1.44 (26 puts vs 18 calls), and 2.20 based on today's volume. A ratio above 1 means more puts than calls.
What is ZH's implied volatility?
At-the-money implied volatility for ZH options expiring March 19, 2027 is about 81.1%, an annualized estimate of how much the market expects Zhihu stock to move.
How many ZH option expiration dates are there?
ZH has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 2027.
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.