ZTS
Zoetis · Sep 17, 2026
$72.72
Shares
Prices as of 2:49 PM ET, Sep 17. Check the live quote before you send an order.
The put
Skip
Skip the put. The money looks good, but ZTS swings more than it pays. Want ZTS? Buy shares.
If it goes against you: you buy 100 shares at $70, which after the $132 you keep works out to $68.68 a share. Below $68.68 you are down on the trade. From that day the shares take above is the one that applies.
The order, if you sell it anyway
You get$132 (limit about $1.32)
If it fallsBuy 100 shares at $70
Cash to hold$7,000
Close earlyBuy back at about $1.32 ($132)
Chance you buy the sharesabout 31 in 100
ContractZTS Oct 16 $70 put
ActionSell to open
In your broker app: open the stock → Trade → Options → Sell to open → pick the contract shown here.
Why skip
The put: Oct 16, $70 strike, 29 days out. Pays $132. Roughly a 31-in-100 chance you end up buying the shares.
On paper: 24% a year. That number assumes ZTS keeps moving like it did the past two years. Take that away and it is -10% a year. That is why we say skip.
Next earnings Nov 3, after this put ends. We never sell a put across a report.
If you already own 100 shares
Income call
For income on ZTS you already hold: sell the Oct 16 $80 call and take $70 now. If ZTS climbs to $80 by Oct 16, your 100 shares are sold at $80, so only do it if you're happy selling there.
If it climbs past $80 your 100 shares are sold at $80 and you keep the $70. That is the trade working, not a loss.
The call order
ActionSell to open
ContractZTS Oct 16 $80 call
You get$70 (limit about $0.70)
If it climbsYour 100 shares sell at $80
Close earlyBuy back at about $0.49 ($49)
Chance your shares are soldabout 19 in 100
After removing the trend-4% a year
First take on ZTS. Result Oct 16. See the record
Everyone sees the same card. It is not advice for you personally. You can lose more than you collect.
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