Stock Track | Zeta Global Holdings Soars 12.25% Intraday on Bullish Options Activity Ahead of Earnings
Stock Track
Feb 25
Zeta Global Holdings Corp. (ZETA) saw its stock price soar 12.25% during intraday trading on Tuesday, marking a significant upward movement.
The surge appears to be driven by heightened bullish sentiment in the options market ahead of the company's earnings report. Pre-earnings options volume was reported at 2.5 times the normal level, with calls outnumbering puts by a ratio of 7 to 1. This heavy call buying activity indicates strong investor expectations for a positive earnings outcome. Furthermore, implied volatility in the options market suggests traders are anticipating an 11.8% move in the share price following the earnings release.
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