Tour v527
ZS
ZSCALER INC
$163.48 -1.58%
$163.50 (+0.01%)🌙
as of 09/10 07:17 PM
9/10 19:17

Option Volume

Detail
Current (09/10) 17,099
Calls: 10,199 (60%)
Puts: 6,900 (40%)
Prior (09/09) 23,323
Calls: 18,301 (78%)
Puts: 5,022 (22%)
Current vs Prior -26.69%
Calls: -44.27% (Calls)
Puts: +37.40% (Puts)
Prior 7-Day Total 320,992
Calls: 198,792 (62%)
Puts: 122,200 (38%)
Prior 7-Day Average 45,856
Calls: 28,398 (62%)
Puts: 17,457 (38%)
Current vs Prior 7-Day Avg -62.71%
Calls: -64.09%
Puts: -60.47%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/10) $18.50M
Calls: $3.72M (20%)
Puts: $14.78M (80%)
Prior (09/09) $19.34M
Calls: $10.53M (54%)
Puts: $8.81M (46%)
Current vs Prior -4.35%
Calls: -64.64%
Puts: +67.68%
Prior 7-Day Total $174.55M
Calls: $112.69M (65%)
Puts: $61.87M (35%)
Prior 7-Day Average $24.94M
Calls: $16.10M (65%)
Puts: $8.84M (35%)
Current vs Prior 7-Day Avg -25.81%
Calls: -76.88%
Puts: +67.20%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/10) 0.68
Prior (09/09) 0.27
Current vs Prior +146.54%
Prior 7-Day Average 0.65
Current vs Prior 7-Day Avg +4.81%
Sentiment BULLISH

Open Interest

Detail
Current (09/10) 127,669
Calls: 81,771 (64%)
Puts: 45,898 (36%)
Prior (09/09) 131,472
Calls: 86,331 (66%)
Puts: 45,141 (34%)
Current vs Prior -2.89%
Prior 7-Day Total 1,145,267
Calls: 668,798 (58%)
Puts: 476,469 (42%)
Prior 7-Day Average 163,609
Calls: 95,542 (58%)
Puts: 68,067 (42%)
Current vs Prior 7-Day Avg -21.97%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/11) | Next (09/18)Expiry (09/18) | Next (10/16)
Current 3.41% | 7.05%7.05% | 14.13%
Prior 4.35% | 7.24%7.24% | 14.92%
Current vs Prior -21.58% | -2.62%-2.62% | -5.29%
Prior 7-Day Avg 10.42% | 12.04%12.58% | 17.88%
Current vs 7-Day Avg -67.24% | -41.42%-43.95% | -20.95%
Prior 7-Day Eod 4.35% | 7.24%7.24% | 14.92%
Current vs 7-Day Eod -21.58% | -2.62%-2.62% | -5.29%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 5.28% | 7.58%
Calls: 4.82% | 7.48%
Puts: 5.73% | 7.68%
Prior 5.28% | 7.58%
Calls: 4.82% | 7.48%
Puts: 5.73% | 7.68%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 15.04% | 7.98%
Calls: 12.33% | 6.29%
Puts: 17.75% | 9.67%
Current vs 7-Day Avg -64.89% | -5.01%
Liquidity Pricy
+
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🤖 AI Insights

Strong bearish conviction with 80% of dollar volume in puts ($14.78M) vs calls ($3.72M). Bullish P/C ratio of 0.68. P/C ratio rising 147% - increased hedging/bearish positioning. Call-heavy open interest (81,771 calls vs 45,898 puts) suggests bullish positioning.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
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 BULLISH
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 6 of results (avg 8.9%, best 7.8%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$167.50Sep 254.905.30$5.107.8%220.4316
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Sep 256.957.55$7.258.3%240.5184
$175.00Sep 1812.6513.80$13.238.7%260.781.3K
$190.00Sep 1125.3027.60$26.458.7%520.99--
$175.00Sep 2513.1514.50$13.839.8%20.72129
$190.00Oct 1627.1530.00$28.5810.0%10.79--

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 66 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$137.00Sep 1124.7028.45$26.5814.1%31.0064
$150.00Sep 1111.7014.80$13.2523.4%71.00--
$140.00Sep 1821.9025.05$23.4813.4%10.98--
$152.50Sep 119.2512.40$10.8329.1%10.96--
$145.00Sep 1817.8020.20$19.0012.6%20.95--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 1125.3027.60$26.458.7%520.99--
$185.00Sep 1120.1522.90$21.5312.8%1250.99--
$180.00Sep 1115.3017.60$16.4514.0%10.98--
$187.50Sep 1122.8025.90$24.3512.7%1080.98--
$182.50Sep 1117.1020.10$18.6016.1%530.97--

Most actively traded options today. High liquidity = easy entry/exit. 204 active (total vol 10.6K, top 1.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$177.50Sep 110.010.39$0.20190.0%1.1K0.06487
$190.00Sep 110.010.03$0.02100.0%1.0K0.011.6K
$170.00Sep 110.400.59$0.5038.0%8220.151.2K
$172.50Sep 181.522.68$2.1055.2%4300.27262
$170.00Sep 182.542.82$2.6810.4%3200.331.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 110.580.90$0.7443.2%6530.24614
$160.00Sep 182.813.85$3.3331.2%2450.371.5K
$140.00Oct 161.462.39$1.9348.2%2300.14365
$157.50Sep 110.200.45$0.3375.8%2040.12264
$162.50Sep 111.372.04$1.7139.2%1570.43286

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 37.8%, max 53.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$167.50Sep 11Oct 978.6%53.7%46.2%204400
$165.00Sep 11Oct 2374.7%52.3%42.7%90452
$170.00Sep 11Oct 2376.3%53.6%42.4%8281.2K
$162.50Sep 11Oct 2364.9%48.8%33.0%22129
$160.00Sep 11Oct 2361.5%50.0%23.0%36246
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$167.50Sep 11Oct 2378.6%51.1%53.6%45262
$170.00Sep 11Oct 1676.3%53.3%43.2%30787
$165.00Sep 11Oct 2374.7%52.3%42.7%98348
$162.50Sep 11Sep 1864.9%50.7%28.0%201472
$160.00Sep 11Oct 1661.5%49.7%23.6%7301.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 122 found (best R:R 3.34, avg 3.72)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$172.50$180.00Oct 23$1.73$5.77$1.7342%3.34$174.23
$150.00$160.00Oct 16$6.06$3.94$6.0674%0.65$156.06
$170.00$175.00Oct 9$1.23$3.77$1.2343%3.07$171.23
$165.00$170.00Oct 23$1.80$3.20$1.8052%1.78$166.80
$165.00$170.00Oct 16$1.78$3.22$1.7852%1.81$166.78
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$177.50$175.00Sep 18$1.37$1.13$1.3784%0.82$176.13
$155.00$152.50Sep 18$0.26$2.24$0.2621%8.62$154.74
$145.00$140.00Oct 9$0.48$4.52$0.4817%9.42$144.52
$170.00$167.50Sep 18$1.45$1.05$1.4567%0.72$168.55
$167.50$165.00Sep 11$1.57$0.93$1.5773%0.59$165.93

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 91 found (best R:R 0.46, avg 0.36)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$170.00$172.50Oct 23$1.42$1.42$1.0854%1.31$171.42
$175.00$177.50Oct 9$1.15$1.15$1.3563%0.85$176.15
$175.00$177.50Sep 18$0.62$0.62$1.8877%0.33$175.62
$185.00$190.00Oct 9$1.17$1.17$3.8375%0.31$186.17
$190.00$192.50Sep 18$0.22$0.22$2.2894%0.10$190.22
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$155.00$145.00Oct 23$3.17$3.17$6.8366%0.46$151.83
$150.00$145.00Oct 16$1.64$1.64$3.3674%0.49$148.36
$160.00$155.00Oct 16$2.25$2.25$2.7559%0.82$157.75
$155.00$150.00Oct 9$1.77$1.77$3.2368%0.55$153.23
$147.00$146.00Oct 2$0.50$0.50$0.5082%1.00$146.50

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $2.76, cheapest $2.55)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$165.00Sep 11Sep 18$2.5574.7%50.4%
$162.50Sep 11Sep 18$3.0564.9%50.7%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$165.00Sep 11Sep 18$2.9074.7%50.4%
$162.50Sep 11Sep 18$2.5464.9%50.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 39 found (cheapest 2.64% of stock, avg 8.47%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$162.50Sep 11$2.60$1.71$4.31$158.19$166.812.64%
$165.00Sep 11$1.73$2.98$4.71$160.29$169.712.88%
$160.00Sep 11$4.47$0.74$5.21$154.79$165.213.19%
$167.50Sep 11$1.05$4.55$5.60$161.90$173.103.43%
$170.00Sep 11$0.50$6.83$7.33$162.67$177.334.48%
$155.00Sep 11$8.82$0.14$8.96$146.04$163.965.48%
$172.50Sep 11$0.26$9.15$9.41$163.09$181.915.76%
$162.50Sep 18$5.65$4.25$9.90$152.60$172.406.06%
$165.00Sep 18$4.28$5.88$10.16$154.84$175.166.21%
$160.00Sep 18$6.93$3.33$10.26$149.74$170.266.28%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 0.23% of stock, avg 5.19%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$175.00$155.00Sep 11$0.24$0.14$0.38$154.62$175.38
$172.50$155.00Sep 11$0.26$0.14$0.40$154.60$172.90
$175.00$157.50Sep 11$0.24$0.33$0.57$156.93$175.57
$172.50$157.50Sep 11$0.26$0.33$0.59$156.91$173.09
$170.00$155.00Sep 11$0.50$0.14$0.64$154.36$170.64
$170.00$157.50Sep 11$0.50$0.33$0.83$156.67$170.83
$172.50$160.00Sep 11$0.26$0.74$1.00$159.00$173.50
$175.00$160.00Sep 11$0.24$0.74$0.98$159.02$175.98
$170.00$160.00Sep 11$0.50$0.74$1.24$158.76$171.24
$167.50$155.00Sep 11$1.05$0.14$1.19$153.81$168.69

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 156 found (best R:R 2.21, avg credit $1.08)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
152/155172/175Sep 25$1.72$0.7839%2.21$153.28$174.22
145/150185/190Oct 16$2.84$2.1647%1.31$147.16$187.84
150/152190/192Sep 18$0.73$1.7777%0.41$151.77$190.73
155/158190/192Sep 18$1.01$1.4965%0.68$156.49$191.01
150/152175/178Sep 18$1.13$1.3760%0.82$151.37$176.13
152/155178/180Sep 25$1.46$1.0447%1.40$153.54$178.96
155/158175/178Sep 18$1.41$1.0948%1.29$156.09$176.41
152/155185/188Sep 25$1.18$1.3256%0.89$153.82$186.18
147/149190/192Sep 18$0.46$2.0485%0.23$148.54$190.46
150/152185/188Sep 18$0.75$1.7573%0.43$151.75$185.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 68 found (best R:R 49.00, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$162.50$165.00$167.50Sep 11$0.19$2.3130%12.16
$165.00$167.50$170.00Sep 11$0.13$2.3725%18.23
$180.00$185.00$190.00Oct 2$0.14$4.8611%34.71
$175.00$180.00$185.00Oct 16$0.18$4.8211%26.78
$162.50$165.00$167.50Sep 25$0.07$2.4312%34.71
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$155.00$160.00$165.00Oct 16$0.10$4.9016%49.00
$160.00$162.50$165.00Sep 11$0.30$2.2035%7.33
$162.50$165.00$167.50Sep 11$0.30$2.2030%7.33
$165.00$167.50$170.00Sep 18$0.13$2.3714%18.23
$135.00$140.00$145.00Oct 16$0.20$4.809%24.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 115 found (best net $-4.47, 102 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$137.00$147.001:2Sep 11-$5.88$4.12
$155.00$160.001:2Sep 11-$0.12$4.88
$160.00$162.501:2Sep 11-$0.73$1.77
$185.00$195.001:2Oct 23-$1.41$8.59
$150.00$160.001:2Oct 16-$6.46$3.54
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$195.00$180.001:2Sep 25-$4.47$10.53
$170.00$160.001:2Oct 2-$0.30$9.70
$165.00$155.001:2Oct 23-$1.80$8.20
$155.00$145.001:2Oct 23-$0.41$9.59
$165.00$162.501:2Sep 11-$0.44$2.06

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 56 found (best yield 5.08%, avg 1.94%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$170.00Oct 23$8.300.464.0%5.08%9.07%630
$180.00Oct 23$5.200.3410.1%3.18%13.29%220
$172.50Oct 23$6.950.425.5%4.25%9.77%1--
$165.00Oct 23$9.900.520.9%6.06%6.99%112
$170.00Oct 16$7.600.454.0%4.65%8.64%168356
$175.00Oct 16$5.600.387.0%3.43%10.47%97369
$180.00Oct 16$4.600.3210.1%2.81%12.92%4660
$165.00Oct 16$9.000.520.9%5.51%6.44%23121
$185.00Oct 16$3.800.2713.2%2.32%15.49%16691
$185.00Oct 23$3.550.2813.2%2.17%15.34%213

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 10,199
Total Puts 6,900
Put/Call Ratio 0.68
Net Difference 3,299

Prior's Put/Call Breakdown

Total Calls 18,301
Total Puts 5,022
Put/Call Ratio 0.27
Net Difference 13,279

Prior 7-Day Put/Call Summary

Total Calls 198,792
Total Puts 122,200
Average Put/Call Ratio 0.65
Ratio Trend Rising

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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