Tour v526
ZS
ZSCALER INC
$167.46 -5.82%
9/4 15:20

Option Volume

Detail
Current (09/04) 82,182
Calls: 50,457 (61%)
Puts: 31,725 (39%)
Prior (09/03) 123,680
Calls: 73,742 (60%)
Puts: 49,938 (40%)
Current vs Prior -33.55%
Calls: -31.58% (Calls)
Puts: -36.47% (Puts)
Prior 7-Day Total 236,159
Calls: 139,164 (59%)
Puts: 96,995 (41%)
Prior 7-Day Average 33,737
Calls: 19,880 (59%)
Puts: 13,856 (41%)
Current vs Prior 7-Day Avg +143.60%
Calls: +153.80%
Puts: +128.96%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/04) $21.64M
Calls: $12.35M (57%)
Puts: $9.29M (43%)
Prior (09/03) $75.01M
Calls: $51.59M (69%)
Puts: $23.42M (31%)
Current vs Prior -71.16%
Calls: -76.07%
Puts: -60.33%
Prior 7-Day Total $153.34M
Calls: $104.31M (68%)
Puts: $49.02M (32%)
Prior 7-Day Average $21.91M
Calls: $14.90M (68%)
Puts: $7.00M (32%)
Current vs Prior 7-Day Avg -1.23%
Calls: -17.16%
Puts: +32.67%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/04) 0.63
Prior (09/03) 0.68
Current vs Prior -7.15%
Prior 7-Day Average 0.75
Current vs Prior 7-Day Avg -16.27%
Sentiment BULLISH

Open Interest

Detail
Current (09/04) 282,467
Calls: 159,168 (56%)
Puts: 123,299 (44%)
Prior (09/03) 220,305
Calls: 120,774 (55%)
Puts: 99,531 (45%)
Current vs Prior +28.22%
Prior 7-Day Total 959,573
Calls: 543,658 (57%)
Puts: 415,915 (43%)
Prior 7-Day Average 137,081
Calls: 77,665 (57%)
Puts: 59,416 (43%)
Current vs Prior 7-Day Avg +106.06%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 2.14% | 6.57%8.66% | 15.42%
Prior 15.60% | 16.69%17.58% | 20.70%
Current vs Prior -86.29% | -60.65%-50.73% | -25.48%
Prior 7-Day Avg 11.32% | 15.08%16.39% | 20.49%
Current vs 7-Day Avg -81.11% | -56.45%-47.18% | -24.72%
Prior 7-Day Eod 15.60% | 16.69%17.58% | 20.70%
Current vs 7-Day Eod -86.29% | -60.65%-50.73% | -25.48%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 55.20% | 13.27%
Calls: 48.57% | 16.00%
Puts: 61.84% | 10.53%
Prior 5.28% | 7.58%
Calls: 4.82% | 7.48%
Puts: 5.73% | 7.68%
Current vs Prior +945.45% | +75.07%
Prior 7-Day Avg 24.57% | 8.83%
Calls: 19.78% | 5.60%
Puts: 29.37% | 12.06%
Current vs 7-Day Avg +124.63% | +50.28%
Liquidity Expensive
+
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🤖 AI Insights

Light premium activity with dollar volume down 71% vs prior. Volume explosion - 144% above 7-day average (82,182 vs avg 33,737). Bullish P/C ratio of 0.63. Rising open interest (up 28%) indicates new positions being established.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 59 of results (avg 7.9%, best 4.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Oct 1629.3530.60$29.984.2%10.893
$145.00Oct 1625.2027.00$26.106.9%30.841
$134.00Sep 1132.9035.30$34.107.0%71.00--
$170.00Sep 185.455.85$5.657.1%3940.47438
$134.00Sep 432.7535.25$34.007.4%71.007
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Oct 1615.0515.75$15.404.5%670.56169
$170.00Oct 1612.0512.70$12.385.3%1440.49161
$200.00Sep 431.5033.20$32.355.3%301.0036
$187.50Sep 419.4020.45$19.925.3%171.0062
$195.00Sep 1827.2528.85$28.055.7%--0.90158

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.43, cheapest $0.43)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 110.400.45$0.4311.6%1.7K0.07324
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 143 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$134.00Sep 1132.9035.30$34.107.0%71.00--
$137.00Sep 1129.2032.45$30.8310.5%31.0064
$138.00Sep 1128.8031.45$30.138.8%31.0053
$139.00Sep 1127.9030.20$29.057.9%41.0035
$140.00Sep 1126.9029.40$28.158.9%21.0063
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$172.50Sep 44.155.60$4.8829.7%6981.00293
$175.00Sep 46.758.40$7.5821.8%7401.00696
$177.50Sep 49.2510.85$10.0515.9%3161.00634
$180.00Sep 411.6013.15$12.3812.5%2301.00500
$182.50Sep 414.1515.65$14.9010.1%321.00146

Most actively traded options today. High liquidity = easy entry/exit. 305 active (total vol 64.2K, top 3.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Sep 40.020.03$0.0333.3%3.9K0.02697
$180.00Sep 40.010.02$0.0250.0%3.8K0.011.6K
$170.00Sep 40.050.15$0.10100.0%1.8K0.11258
$190.00Sep 181.051.44$1.2531.2%1.8K0.142.1K
$190.00Sep 110.400.45$0.4311.6%1.7K0.07324
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 40.000.01$0.01100.0%2.5K0.012.3K
$170.00Sep 42.013.20$2.6145.6%2.2K0.90590
$150.00Sep 40.000.01$0.01100.0%1.8K0.002.9K
$165.00Sep 40.010.09$0.05160.0%1.4K0.07952
$167.50Sep 40.470.94$0.7166.2%1.0K0.49368

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 114.9%, max 114.9%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$167.50Sep 4Oct 9105.4%49.0%114.9%420123
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$167.50Sep 4Oct 9105.4%49.0%114.9%1.1K370

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 157 found (best R:R 17.52, avg 4.20)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$190.00$195.00Oct 2$0.27$4.73$0.2722%17.52$190.27
$175.00$177.50Oct 2$0.30$2.20$0.3042%7.33$175.30
$170.00$172.50Oct 2$0.63$1.87$0.6350%2.97$170.63
$165.00$167.50Oct 9$0.88$1.62$0.8859%1.84$165.88
$175.00$177.50Oct 9$0.53$1.97$0.5344%3.72$175.53
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$175.00$172.50Oct 2$0.95$1.55$0.9559%1.63$174.05
$175.00$172.50Sep 25$1.13$1.37$1.1361%1.21$173.87
$152.50$150.00Oct 9$0.24$2.26$0.2422%9.42$152.26
$148.00$145.00Oct 9$0.18$2.82$0.1816%15.67$147.82
$177.50$175.00Sep 18$1.50$1.00$1.5069%0.67$176.00

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 116 found (best R:R 1.38, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$177.50$180.00Oct 2$1.42$1.42$1.0861%1.31$178.92
$195.00$197.50Oct 2$0.62$0.62$1.8881%0.33$195.62
$167.50$170.00Oct 9$1.55$1.55$0.9545%1.63$169.05
$192.50$195.00Oct 9$0.71$0.71$1.7976%0.40$193.21
$177.50$180.00Oct 9$1.10$1.10$1.4059%0.79$178.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$157.50$155.00Oct 9$1.45$1.45$1.0569%1.38$156.05
$165.00$162.50Sep 25$1.48$1.48$1.0258%1.45$163.52
$165.00$162.50Sep 18$1.35$1.35$1.1559%1.17$163.65
$160.00$155.00Oct 16$1.95$1.95$3.0564%0.64$158.05
$155.00$150.00Oct 16$1.55$1.55$3.4571%0.45$153.45

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $4.05, cheapest $4.04)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$167.50Sep 4Sep 11$4.07105.4%50.9%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$167.50Sep 4Sep 11$4.04105.4%50.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 70 found (cheapest 0.86% of stock, avg 9.36%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$167.50Sep 4$0.73$0.71$1.44$166.06$168.940.86%
$170.00Sep 4$0.10$2.61$2.71$167.29$172.711.62%
$165.00Sep 4$2.87$0.05$2.92$162.08$167.921.74%
$172.50Sep 4$0.02$4.88$4.90$167.60$177.402.93%
$162.50Sep 4$5.00$0.02$5.02$157.48$167.523.00%
$175.00Sep 4$0.03$7.58$7.61$167.39$182.614.54%
$160.00Sep 4$8.00$0.01$8.01$151.99$168.014.78%
$167.50Sep 11$4.80$4.75$9.55$157.95$177.055.70%
$165.00Sep 11$6.25$3.55$9.80$155.20$174.805.85%
$170.00Sep 11$3.72$6.23$9.95$160.05$179.955.94%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 152 found (cheapest 0.09% of stock, avg 6.61%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$170.00$165.00Sep 4$0.10$0.05$0.15$164.85$170.15
$170.00$167.50Sep 4$0.10$0.71$0.81$166.69$170.81
$180.00$157.50Sep 11$1.30$1.08$2.38$155.12$182.38
$177.50$157.50Sep 11$1.77$1.08$2.85$154.65$180.35
$180.00$160.00Sep 11$1.30$1.72$3.02$156.98$183.02
$177.50$160.00Sep 11$1.77$1.72$3.49$156.51$180.99
$175.00$157.50Sep 11$2.17$1.08$3.25$154.25$178.25
$175.00$160.00Sep 11$2.17$1.72$3.89$156.11$178.89
$180.00$162.50Sep 11$1.30$2.50$3.80$158.70$183.80
$177.50$162.50Sep 11$1.77$2.50$4.27$158.23$181.77

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 231 found (best R:R 6.35, avg credit $1.04)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
155/158192/195Oct 9$2.16$0.3445%6.35$155.34$194.66
155/158195/198Oct 9$1.97$0.5348%3.72$155.53$196.97
148/149192/195Oct 9$1.77$0.7356%2.42$147.23$194.27
155/158185/188Oct 9$2.13$0.3738%5.76$155.37$187.13
148/149195/198Oct 9$1.58$0.9259%1.72$147.42$196.58
155/158188/190Oct 9$1.99$0.5141%3.90$155.51$189.49
148/149185/188Oct 9$1.74$0.7649%2.29$147.26$186.74
148/149188/190Oct 9$1.60$0.9052%1.78$147.40$189.10
152/155192/195Oct 9$1.56$0.9450%1.66$153.44$194.06
155/158195/198Oct 2$1.49$1.0152%1.48$156.01$196.49

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 136 found (best R:R 5.76, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 16$0.10$4.9014%49.00
$145.00$150.00$155.00Oct 16$0.06$4.9412%82.33
$167.50$170.00$172.50Sep 4$0.55$1.9549%3.55
$145.00$150.00$155.00Sep 18$0.19$4.8113%25.32
$165.00$167.50$170.00Sep 4$1.51$0.9983%0.66
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$167.50$170.00$172.50Sep 4$0.37$2.1350%5.76
$165.00$167.50$170.00Sep 4$1.24$1.2684%1.02
$170.00$175.00$180.00Oct 16$0.18$4.8213%26.78
$162.50$165.00$167.50Sep 4$0.63$1.8748%2.97
$135.00$140.00$145.00Sep 25$0.05$4.956%99.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 118 found (best net $-0.87, 108 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$140.00$160.001:2Oct 9-$0.87$19.13
$162.50$165.001:2Sep 4-$0.74$1.76
$160.00$162.501:2Sep 4-$2.00$0.50
$195.00$197.501:2Sep 11-$0.01$2.49
$172.50$175.001:2Sep 4-$0.04$2.46
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$172.50$170.001:2Sep 4-$0.34$2.16
$175.00$172.501:2Sep 4-$2.18$0.32
$150.00$145.001:2Sep 18-$0.03$4.97
$145.00$140.001:2Oct 2-$0.25$4.75
$145.00$140.001:2Oct 9-$0.37$4.63

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 72 found (best yield 5.02%, avg 2.13%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$175.00Oct 16$8.400.444.5%5.02%9.52%5661
$170.00Oct 16$10.300.511.5%6.15%7.67%195116
$180.00Oct 16$6.800.387.5%4.06%11.55%163572
$185.00Oct 16$5.450.3310.5%3.25%13.73%29287
$172.50Oct 9$8.000.483.0%4.78%7.79%12
$170.00Oct 9$9.050.521.5%5.40%6.92%18--
$175.00Oct 9$7.050.444.5%4.21%8.71%711
$177.50Oct 9$6.250.416.0%3.73%9.73%35
$190.00Oct 16$4.200.2713.5%2.51%15.97%86159
$167.50Oct 9$10.250.550.0%6.12%6.14%2--

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 50,457
Total Puts 31,725
Put/Call Ratio 0.63
Net Difference 18,732

Prior's Put/Call Breakdown

Total Calls 73,742
Total Puts 49,938
Put/Call Ratio 0.68
Net Difference 23,804

Prior 7-Day Put/Call Summary

Total Calls 139,164
Total Puts 96,995
Average Put/Call Ratio 0.75
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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