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: Mar 19, 2027
Days to expiration: 159
Share price: $97.74
Put/call ratio (OI): 0.80
Put/call ratio (volume): 0.27
ATM implied volatility: 47.9%
Expected move: ±$30.90
Open interest (C / P): 4.17K / 3.33K

ZM options summary

The ZM options chain for the March 19, 2027 expiration lists 32 call and 31 put contracts, with 159 days until expiration. Open interest stands at 4,174 calls and 3,331 puts, a put/call ratio of 0.80, which is fairly balanced between calls and puts. At-the-money implied volatility near the $97.50 strike is 47.9%, which implies the market expects a move of about ±$30.90 (31.6%) in Zoom Communications stock by expiration.

The most open interest sits at the $105.00 call (635 contracts) and the $105.00 put (559 contracts).

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

ZM options chain · March 19, 2027

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
0	1	—	61.33	0.00	0.00	40.00	—	—	—	—	—	—
—	—	—	—	—	—	42.50	0.00	0.75	0.55	68.6%	1	1
—	—	—	—	—	—	47.50	0.00	0.49	0.25	56.1%	2	90
20	10	123.8%	44.25	52.65	55.55	50.00	0.00	0.00	0.35	25.0%	5	0
32	34	65.0%	40.10	42.10	46.00	55.00	0.25	0.46	0.43	51.3%	16	32
3	1	52.8%	33.20	37.50	39.95	60.00	0.00	0.92	0.90	52.0%	1	354
0	1	—	45.00	0.00	0.00	65.00	0.55	1.35	1.47	49.8%	15	84
2	1	106.1%	30.11	38.75	42.70	67.50	0.78	1.44	1.55	47.0%	1	38
64	2	58.5%	25.05	28.50	31.15	70.00	1.24	1.77	1.72	46.4%	1	270
0	1	—	37.62	0.00	0.00	72.50	1.56	2.41	2.47	47.5%	1	115
50	7	55.0%	21.60	24.50	26.95	75.00	1.67	2.91	2.60	47.0%	13	523
15	1	58.6%	21.60	22.50	25.90	77.50	2.30	3.35	3.40	45.8%	1	47
51	1	57.1%	20.11	20.60	24.00	80.00	3.00	3.75	3.97	44.1%	1	278
70	1	55.4%	18.10	18.75	22.10	82.50	3.55	4.50	4.05	43.9%	4	96
164	10	54.5%	12.55	17.05	20.40	85.00	3.80	5.60	5.65	45.0%	2	67
63	17	49.9%	17.05	15.50	17.95	87.50	4.60	6.55	10.00	44.8%	1	14
98	4	54.7%	13.40	14.00	17.70	90.00	5.30	7.55	9.85	44.5%	1	35
34	3	50.0%	13.50	12.75	15.30	92.50	6.25	9.40	8.95	47.3%	7	37
122	14	51.0%	12.30	12.05	14.35	95.00	7.65	10.40	10.50	46.2%	3	104
77	26	48.6%	11.10	10.65	12.60	97.50	9.65	12.00	12.75	47.2%	6	32
ZM $97.74
368	2	51.6%	8.93	9.15	12.30	100.00	10.20	12.35	17.45	43.0%	1	350
635	150	51.1%	7.45	7.20	10.30	105.00	13.65	14.80	18.00	40.4%	3	559
387	4	46.9%	6.87	6.85	7.60	110.00	16.70	19.15	18.54	44.1%	1	95
175	18	51.3%	4.40	4.55	7.30	115.00	20.45	23.45	25.65	46.7%	3	11
307	1	49.3%	3.65	4.15	5.65	120.00	24.10	26.70	28.05	44.0%	1	31
140	2	51.3%	3.20	3.50	5.10	125.00	28.10	31.55	35.30	47.6%	2	14
157	2	51.3%	2.51	2.38	4.25	130.00	32.35	34.80	39.85	42.4%	1	8
70	22	52.4%	1.41	1.27	3.75	135.00	36.85	40.40	44.50	49.2%	1	36
30	3	52.0%	1.17	1.03	3.05	140.00	42.40	45.00	42.85	50.2%	3	5
18	9	51.0%	0.97	0.92	2.38	145.00	0.00	0.00	41.60	—	—	0
426	10	50.4%	1.10	1.00	1.89	150.00	57.20	59.60	57.30	74.1%	1	1
251	16	51.3%	0.78	0.69	1.66	155.00	—	—	—	—	—	—
79	1	48.6%	1.06	0.44	1.09	160.00	66.70	69.10	67.72	77.5%	1	4
266	2	51.2%	0.71	0.43	1.13	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 March 19, 2027 expiration, the ZM put/call ratio based on open interest is 0.80 (3,331 puts vs 4,174 calls), and 0.27 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 March 19, 2027 is about 47.9%, 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.