Fresh Trading Opportunities Now Available: ZM March 13th Options Explained

New options contracts for Zoom Communications Inc (ZM) are now available for traders and investors, with expiration set for March 13th. Using advanced options analysis, Stock Options Channel has identified two noteworthy opportunities within the ZM options chain that deserve investor attention—one put strategy and one call strategy, each with distinct risk-reward profiles suitable for different investment objectives.

Put Selling Strategy: Capturing Yield at the $90 Strike

For investors considering a purchase of ZM stock, a put-selling approach now available in the March 13th chain offers an interesting alternative entry point. The put contract at the $90.00 strike price carries a current bid of $4.60. By selling this put contract to open a position, an investor essentially commits to purchasing ZM shares at $90.00 per share, while simultaneously collecting the premium. This effectively reduces the stock’s cost basis to $85.40 per share (before broker commissions)—compared to the current market price of $90.54.

What makes this opportunity noteworthy is the mathematical advantage: since the $90.00 strike sits approximately 1% below the current trading price, the contract is out-of-the-money. Based on current analytical data and options greeks calculations, there is a 56% probability this put contract will expire worthless. Should that occur, the $4.60 premium represents a 5.11% return on the cash commitment over this short timeframe, or an annualized yield of 43.43%—what options analysts call the “YieldBoost.”

Covered Call Opportunity: Defined Upside at the $108 Strike

On the call side of the options chain, a covered call strategy is now available at the $108.00 strike price, with a current bid of $1.10. For investors already holding or planning to purchase ZM stock at the current price of $90.54, selling this call contract creates a defined-return scenario. The seller commits to delivering the stock at $108.00 per share at expiration on March 13th, while collecting the $1.10 premium.

Under this scenario, if the stock reaches the $108.00 strike price and gets called away, the total return would reach 20.50% (excluding dividends and before commissions). However, investors should recognize the tradeoff: if ZM experiences significant appreciation beyond $108, that additional upside remains uncaptured. The $108.00 strike represents roughly a 19% premium above the current price, placing it out-of-the-money. Analytical data suggests an 78% probability the covered call expires worthless, meaning the investor retains both shares and premium. If this occurs, the $1.10 premium provides a 1.21% return boost, or 10.32% annualized—an additional “YieldBoost” layer on top of any dividends or price appreciation below the call strike.

Volatility Context: Comparing Implied vs. Actual

Understanding volatility is essential for options traders. The put contract example reflects an implied volatility of 44%, while the call contract shows 57% implied volatility. By contrast, the actual trailing twelve-month volatility for ZM—calculated using 251 trading day closing values plus today’s $90.54 price—stands at 34%. This variance between implied and historical volatility can signal market expectations about future price movement and helps experienced traders evaluate whether options are relatively expensive or cheap.

New opportunities in the ZM options chain now available for March 13th expiration offer both income generation and strategic entry tactics. Whether pursuing put-selling for enhanced entry prices, covered calls for steady returns, or a combination strategy, traders should carefully evaluate their risk tolerance and investment timeline before executing any trades.

For comprehensive options analysis and additional contract opportunities across the S&P 500 and individual stocks, visit Stock Options Channel’s research platform.