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 15, 2028
Days to expiration: 796
Share price: $97.74
Put/call ratio (OI): 0.57
Put/call ratio (volume): 0.11
ATM implied volatility: 44.7%
Expected move: ±$64.51
Open interest (C / P): 389 / 223

ZM options summary

The ZM options chain for the December 15, 2028 expiration lists 26 call and 19 put contracts, with 796 days until expiration. Open interest stands at 389 calls and 223 puts, a put/call ratio of 0.57, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $97.50 strike is 44.7%, which implies the market expects a move of about ±$64.51 (66.0%) in Zoom Communications stock by expiration.

The most open interest sits at the $100.00 call (62 contracts) and the $100.00 put (48 contracts).

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

ZM options chain · December 15, 2028

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
3	5	61.9%	49.95	57.50	60.55	45.00	1.73	2.68	2.51	45.7%	1	34
—	—	—	—	—	—	47.50	2.32	2.90	2.76	44.1%	—	1
—	—	—	—	—	—	50.00	2.55	3.60	3.25	44.6%	4	2
1	—	58.7%	50.59	50.50	53.35	55.00	3.65	4.45	4.46	42.9%	10	32
3	2	57.3%	50.90	47.00	50.15	60.00	4.55	5.95	6.22	42.8%	1	6
0	4	—	53.95	0.00	0.00	65.00	—	—	—	—	—	—
1	1	54.5%	51.75	40.50	43.85	70.00	7.70	8.75	9.60	40.6%	1	17
0	4	—	48.40	0.00	0.00	75.00	7.50	12.00	10.01	43.2%	4	7
3	2	52.2%	34.50	35.00	37.85	80.00	11.35	12.50	13.65	39.1%	17	20
0	—	—	46.45	0.00	0.00	82.50	12.35	13.75	14.42	39.2%	9	6
9	6	53.2%	27.02	32.50	37.00	85.00	13.35	14.85	15.68	38.8%	2	12
31	1	51.3%	24.70	30.25	33.25	90.00	0.00	0.00	16.67	1.6%	7	0
46	1	52.2%	27.38	29.05	33.50	92.50	—	—	—	—	—	—
10	2	52.0%	30.00	28.00	32.50	95.00	17.50	19.40	19.09	37.0%	1	1
4	6	51.7%	30.14	27.00	31.30	97.50	18.45	21.30	21.99	37.7%	—	1
ZM $97.74
62	5	50.0%	21.67	26.10	28.70	100.00	20.90	22.70	24.04	37.5%	40	48
22	1	51.9%	21.90	24.30	26.75	105.00	—	—	—	—	—	—
23	1	51.5%	20.30	22.55	25.00	110.00	25.55	28.95	27.43	36.9%	4	27
35	2	51.2%	22.00	20.50	23.40	115.00	—	—	—	—	—	—
40	4	51.4%	21.65	19.55	22.20	120.00	31.45	36.00	35.57	36.7%	4	5
13	1	51.5%	16.45	18.20	21.00	125.00	—	—	—	—	—	—
8	1	50.4%	16.10	16.90	19.20	130.00	—	—	—	—	—	—
9	1	50.7%	15.95	15.70	18.30	135.00	—	—	—	—	—	—
9	3	50.0%	16.70	14.75	16.90	140.00	0.00	0.00	46.35	—	—	0
3	1	52.8%	16.34	13.60	17.50	145.00	—	—	—	—	—	—
24	1,000	49.4%	12.90	12.90	14.70	150.00	54.00	59.00	58.29	34.5%	8	4
9	1	52.2%	10.50	11.00	15.45	155.00	0.00	0.00	59.60	—	—	0
21	1	49.2%	12.15	12.15	13.00	160.00	—	—	—	—	—	—

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 15, 2028 expiration, the ZM put/call ratio based on open interest is 0.57 (223 puts vs 389 calls), and 0.11 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 15, 2028 is about 44.7%, 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.