Zillow (Z) drops $2.41 to $42 in active trading of more than 1 million shares. 2,324 puts and 90 calls traded on the Seattle-based real estate information company. Oct 40 puts are the most actives. 1057 traded. Oct 30 and 35 puts also seeing interest. IV up 2 percent to 64. Citron Research is out with a cautious report on the company.
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.