Zoom Communications (ZM) Options Chain

NASDAQ: ZMTechnologyComputer Software: Programming Data ProcessingUSD

97.74+3.07 (+3.24%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $97.74
Put/call ratio (OI): 0.60
Put/call ratio (volume): 0.39
ATM implied volatility: 49.4%
Expected move: ±$20.84
Open interest (C / P): 24.86K / 14.83K

ZM options summary

The ZM options chain for the December 18, 2026 expiration lists 40 call and 39 put contracts, with 68 days until expiration. Open interest stands at 24,861 calls and 14,827 puts, a put/call ratio of 0.60, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $97.50 strike is 49.4%, which implies the market expects a move of about ±$20.84 (21.3%) in Zoom Communications stock by expiration.

The most open interest sits at the $100.00 call (6.93K contracts) and the $70.00 put (2.42K contracts).

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

ZM options chain · December 18, 2026

ZM 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
7	1	262.9%	66.39	70.60	73.60	30.00	0.10	0.99	0.28	154.1%	2	5
—	—	—	—	—	—	32.50	0.07	0.34	0.23	122.4%	5	5
13	1	—	43.41	52.30	55.95	35.00	0.00	1.00	0.36	133.2%	2	10
7	4	—	44.40	47.00	50.15	37.50	0.00	0.38	0.01	106.3%	10	10
26	2	259.8%	46.58	63.70	67.50	40.00	0.00	1.18	0.03	121.1%	1	35
8	2	—	46.60	51.00	54.00	42.50	0.00	0.00	0.59	50.0%	2	0
13	10	—	42.35	38.65	41.65	45.00	0.00	0.03	0.03	64.1%	10	276
0	2	—	62.40	0.00	0.00	47.50	0.00	0.00	0.49	25.0%	1	0
58	1	80.6%	45.25	46.10	49.90	50.00	0.00	0.10	0.04	63.9%	1	603
0	22	—	51.95	0.00	0.00	55.00	0.00	0.17	0.10	59.4%	10	1,962
103	2	136.6%	45.00	42.70	46.60	57.50	0.00	0.43	0.20	63.5%	2	713
38	2	67.9%	39.55	36.25	40.15	60.00	0.05	0.45	0.29	60.5%	3	651
0	3	—	44.80	0.00	0.00	62.50	0.00	0.70	0.34	59.8%	3	443
612	1	60.3%	26.60	31.50	35.05	65.00	0.03	0.32	0.21	54.3%	2	1,151
42	1	69.7%	24.31	29.10	31.55	67.50	0.08	0.44	0.38	53.4%	5	156
333	2	67.1%	27.00	26.60	29.25	70.00	0.03	0.66	0.43	53.7%	36	2,419
50	1	60.5%	18.95	24.25	26.65	72.50	0.41	0.65	0.69	49.0%	1	283
328	1	59.5%	23.50	21.85	24.50	75.00	0.56	0.89	0.93	48.4%	5	1,165
360	1	55.9%	17.10	20.40	22.15	77.50	0.73	1.20	0.96	47.8%	2	684
1,376	2	50.1%	19.00	18.05	21.15	80.00	1.02	1.48	2.05	46.2%	2	1,027
189	1	54.1%	16.85	15.55	18.15	82.50	1.12	1.83	1.70	44.6%	2	224
399	2	54.6%	12.69	13.70	16.45	85.00	2.20	2.55	2.28	45.6%	1	302
228	2	55.6%	9.60	12.20	14.95	87.50	2.10	3.10	3.00	44.1%	56	272
556	2	49.2%	12.15	11.50	12.45	90.00	3.60	4.30	3.60	46.5%	7	1,348
192	10	48.3%	9.80	8.65	10.85	92.50	4.20	5.10	4.59	45.1%	5	87
796	25	49.8%	8.27	8.80	9.75	95.00	5.25	6.50	6.09	46.7%	29	150
208	2	49.6%	7.86	6.55	8.50	97.50	6.80	8.20	7.70	49.2%	3	101
ZM $97.74
6,930	33	46.3%	6.25	6.20	6.85	100.00	7.10	9.65	9.00	49.5%	1	518
1,166	21	46.3%	4.70	4.55	5.00	105.00	9.80	13.15	13.95	51.7%	1	37
2,707	16	47.4%	3.54	3.25	3.75	110.00	14.10	17.00	20.75	53.8%	4	40
1,702	1	49.1%	2.50	1.93	2.90	115.00	17.75	21.15	22.30	56.1%	3	16
3,014	6	48.5%	1.56	1.10	2.00	120.00	19.70	21.40	31.91	—	1	104
365	4	52.9%	1.04	1.15	1.84	125.00	26.50	30.00	35.20	60.7%	5	30
876	2	49.5%	0.62	0.53	1.04	130.00	0.00	0.00	30.65	—	4	0
302	6	48.9%	0.51	0.32	0.68	135.00	—	—	—	—	—	—
1,080	2	50.0%	0.30	0.31	0.73	140.00	0.00	0.00	35.78	—	1	0
66	2	51.5%	0.66	0.00	0.83	145.00	0.00	0.00	40.18	—	1	0
326	10	52.0%	0.25	0.12	0.49	150.00	0.00	0.00	44.44	—	—	0
264	50	53.5%	0.11	0.00	0.51	155.00	49.05	52.75	64.50	—	1	0
50	300	66.8%	0.28	0.00	1.33	160.00	73.85	77.95	68.10	171.2%	—	0
71	25	58.4%	0.06	0.00	0.46	165.00	—	—	—	—	—	—

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 ZM put/call ratio?

For the December 18, 2026 expiration, the ZM put/call ratio based on open interest is 0.60 (14,827 puts vs 24,861 calls), and 0.39 based on today's volume. A ratio above 1 means more puts than calls.

What is ZM's implied volatility?

At-the-money implied volatility for ZM options expiring December 18, 2026 is about 49.4%, an annualized estimate of how much the market expects Zoom Communications stock to move.

How many ZM option expiration dates are there?

ZM has 16 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.