ZoomInfo (ZI) options activity highlighted

December 5, 2023 3:59 PM EST

ZoomInfo Technologies Inc. (NASDAQ: ZI) had some interesting options activity today, with an opening investor buying 8,000 June 25 (.11d) calls for $0.30.

Susquehanna options strategists note that the "investor opens upside exposure through mid-June, breaking even on a 75% rally by the middle of next year."

ZoomInfo's stock last traded above $25 in late July before selling off 27% on earnings.

Notably, last week rumors surfaced that an activist investor was possibly circling the stock.



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