How do I Specify where the zipped archive is stored? (Out of space on Volume GGZ)

I have a folder of around 180 GBs, I need to zip it like:

zip -p password /Volumes/GGZ/faster/mybigfolder/* /Volumes/Storage\ 4/archive.zip

But it says:

    zip warning: name not matched: /Volumes/Storage 4/archive.zip

So how do I do this?

EDIT: On another note, archive.zip does not exist, but I'm trying to create it.