Tour v528
ZS
ZSCALER INC
$197.31 -0.08%
$197.10 (-0.11%)🌙
as of 09/18 07:17 PM
9/18 19:17

Option Volume

Detail
Current (09/18) 24,416
Calls: 15,374 (63%)
Puts: 9,042 (37%)
Prior (09/15) 35,183
Calls: 25,357 (72%)
Puts: 9,826 (28%)
Current vs Prior -30.60%
Calls: -39.37% (Calls)
Puts: -7.98% (Puts)
Prior 7-Day Total 340,458
Calls: 215,907 (63%)
Puts: 124,551 (37%)
Prior 7-Day Average 48,636
Calls: 30,843 (63%)
Puts: 17,793 (37%)
Current vs Prior 7-Day Avg -49.80%
Calls: -50.16%
Puts: -49.18%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/18) $14.52M
Calls: $11.19M (77%)
Puts: $3.33M (23%)
Prior (09/15) $33.59M
Calls: $22.81M (68%)
Puts: $10.78M (32%)
Current vs Prior -56.77%
Calls: -50.93%
Puts: -69.14%
Prior 7-Day Total $196.09M
Calls: $119.04M (61%)
Puts: $77.05M (39%)
Prior 7-Day Average $28.01M
Calls: $17.01M (61%)
Puts: $11.01M (39%)
Current vs Prior 7-Day Avg -48.16%
Calls: -34.17%
Puts: -69.77%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/18) 0.59
Prior (09/15) 0.39
Current vs Prior +51.77%
Prior 7-Day Average 0.56
Current vs Prior 7-Day Avg +4.95%
Sentiment BULLISH

Open Interest

Detail
Current (09/18) 133,767
Calls: 80,983 (61%)
Puts: 52,784 (39%)
Prior (09/15) 154,726
Calls: 99,156 (64%)
Puts: 55,570 (36%)
Current vs Prior -13.55%
Prior 7-Day Total 1,121,741
Calls: 689,892 (62%)
Puts: 431,849 (38%)
Prior 7-Day Average 160,248
Calls: 98,556 (62%)
Puts: 61,692 (38%)
Current vs Prior 7-Day Avg -16.53%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 1.59% | 6.86%1.59% | 13.44%
Prior 5.28% | 8.37%5.28% | 14.56%
Current vs Prior +29.97% | +8.68%-69.84% | -7.72%
Prior 7-Day Avg 6.53% | 9.01%8.38% | 15.43%
Current vs 7-Day Avg +5.07% | +0.95%-81.01% | -12.92%
Prior 7-Day Eod 5.28% | 8.37%5.28% | 14.56%
Current vs 7-Day Eod +29.97% | +8.68%-69.84% | -7.72%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 17.84% | 10.34%
Calls: 26.07% | 11.63%
Puts: 9.62% | 9.05%
Prior 17.84% | 10.34%
Calls: 26.07% | 11.63%
Puts: 9.62% | 9.05%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 7.07% | 7.97%
Calls: 7.86% | 8.07%
Puts: 6.29% | 7.88%
Current vs 7-Day Avg +152.18% | +29.67%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($11.19M) vs puts ($3.33M). Light premium activity with dollar volume down 57% vs prior. Bullish P/C ratio of 0.59. P/C ratio rising 52% - increased hedging/bearish positioning.

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 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 18 of results (avg 8.5%, best 6.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Oct 1637.2040.00$38.607.3%10.92--
$180.00Sep 1816.9018.20$17.557.4%691.001.6K
$175.00Oct 223.1024.95$24.037.7%10.89382
$165.00Oct 1632.7035.40$34.057.9%50.89--
$160.00Sep 2535.8538.90$37.388.2%51.00--
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Oct 1618.5019.75$19.136.5%4070.627
$235.00Sep 2536.4039.45$37.928.0%20.981
$230.00Oct 1634.0036.85$35.428.0%10.81--
$185.00Oct 165.556.10$5.829.5%820.30387

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. 91 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 1835.6538.70$37.178.2%151.00638
$165.00Sep 1830.6533.85$32.259.9%231.00393
$170.00Sep 1826.0028.60$27.309.5%811.001.0K
$172.50Sep 1823.1526.40$24.7813.1%11.00--
$175.00Sep 1821.1023.70$22.4011.6%491.001.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1811.3014.15$12.7322.4%81.00--
$205.00Sep 186.159.30$7.7340.8%30.9912
$200.00Sep 181.364.15$2.76101.1%2570.98383
$235.00Sep 2536.4039.45$37.928.0%20.981
$230.00Oct 1634.0036.85$35.428.0%10.81--

Most actively traded options today. High liquidity = easy entry/exit. 233 active (total vol 17.7K, top 2.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 180.000.02$0.01200.0%2.6K0.024.4K
$195.00Sep 181.473.60$2.5483.9%8941.001.3K
$205.00Sep 252.633.50$3.0728.3%8620.32338
$225.00Sep 250.390.60$0.5042.0%7650.0751
$210.00Sep 180.000.01$0.01100.0%7410.006.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Sep 250.000.20$0.10200.0%7060.0280
$210.00Oct 1618.5019.75$19.136.5%4070.627
$180.00Oct 164.005.40$4.7029.8%3390.25632
$190.00Oct 167.459.05$8.2519.4%3370.37280
$190.00Sep 180.000.01$0.01100.0%3080.01793

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 28.2%, max 54.7%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$197.50Sep 18Oct 2381.1%53.0%53.0%370569
$202.50Sep 25Oct 2357.0%55.2%3.2%32161
$207.50Sep 25Oct 957.4%56.3%2.0%23222
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$197.50Sep 18Oct 3081.1%52.4%54.7%17846

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 134 found (best R:R 2.77, avg 3.46)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$210.00$220.00Oct 30$2.65$7.35$2.6540%2.77$212.65
$200.00$210.00Oct 16$3.45$6.55$3.4549%1.90$203.45
$200.00$210.00Oct 30$3.87$6.13$3.8751%1.58$203.87
$185.00$190.00Oct 16$2.80$2.20$2.8070%0.79$187.80
$185.00$190.00Oct 23$2.74$2.26$2.7468%0.82$187.74
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$192.50$190.00Oct 2$0.52$1.98$0.5239%3.81$191.98
$175.00$170.00Oct 9$0.33$4.67$0.3316%14.15$174.67
$195.00$192.50Sep 25$0.72$1.78$0.7243%2.47$194.28
$170.00$167.50Oct 23$0.14$2.36$0.1416%16.86$169.86
$170.00$167.50Oct 30$0.22$2.28$0.2217%10.36$169.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 97 found (best R:R 0.77, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$232.50$235.00Sep 25$0.56$0.56$1.9493%0.29$233.06
$220.00$230.00Oct 9$1.82$1.82$8.1876%0.22$221.82
$197.50$200.00Oct 2$1.47$1.47$1.0349%1.43$198.97
$200.00$202.50Oct 23$1.41$1.41$1.0950%1.29$201.41
$197.50$200.00Sep 18$0.37$0.37$2.1357%0.17$197.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$170.00$167.50Oct 9$1.09$1.09$1.4186%0.77$168.91
$190.00$185.00Oct 16$2.43$2.43$2.5763%0.95$187.57
$182.50$180.00Oct 30$1.45$1.45$1.0570%1.38$181.05
$180.00$175.00Oct 23$1.81$1.81$3.1974%0.57$178.19
$187.50$185.00Oct 23$1.50$1.50$1.0065%1.50$186.00

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $4.41, cheapest $5.62)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$197.50Sep 18Sep 25$5.6281.1%57.4%
$202.50Sep 25Oct 2$2.2057.0%55.2%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$197.50Sep 18Sep 25$5.7081.1%57.4%
$202.50Sep 25Oct 9$4.1357.0%55.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 56 found (cheapest 0.50% of stock, avg 9.26%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$197.50Sep 18$0.38$0.60$0.98$196.52$198.480.50%
$195.00Sep 18$2.54$0.01$2.55$192.45$197.551.29%
$200.00Sep 18$0.01$2.76$2.77$197.23$202.771.40%
$192.50Sep 18$5.08$0.03$5.11$187.39$197.612.59%
$190.00Sep 18$7.48$0.01$7.49$182.51$197.493.80%
$205.00Sep 18$0.01$7.73$7.74$197.26$212.743.92%
$187.50Sep 18$9.73$0.01$9.74$177.76$197.244.94%
$195.00Sep 25$7.23$4.47$11.70$183.30$206.705.93%
$192.50Sep 25$8.32$3.75$12.07$180.43$204.576.12%
$185.00Sep 18$12.23$0.02$12.25$172.75$197.256.21%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 135 found (cheapest 1.91% of stock, avg 6.78%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$210.00$187.50Sep 25$1.80$1.96$3.76$183.74$213.76
$207.50$187.50Sep 25$2.47$1.96$4.43$183.07$211.93
$210.00$190.00Sep 25$1.80$2.58$4.38$185.62$214.38
$207.50$190.00Sep 25$2.47$2.58$5.05$184.95$212.55
$205.00$187.50Sep 25$3.07$1.96$5.03$182.47$210.03
$205.00$190.00Sep 25$3.07$2.58$5.65$184.35$210.65
$230.00$175.00Oct 16$3.01$3.39$6.40$168.60$236.40
$210.00$192.50Sep 25$1.80$3.75$5.55$186.95$215.55
$207.50$192.50Sep 25$2.47$3.75$6.22$186.28$213.72
$202.50$187.50Sep 25$3.90$1.96$5.86$181.64$208.36

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 151 found (best R:R 1.98, avg credit $1.33)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
168/170212/215Oct 9$1.66$0.8456%1.98$168.34$214.16
160/162215/218Sep 25$0.94$1.5679%0.60$161.56$215.94
160/162228/230Sep 25$0.70$1.8088%0.39$161.80$228.20
168/170210/212Oct 9$1.57$0.9353%1.69$168.43$211.57
160/162208/210Sep 25$1.16$1.3468%0.87$161.34$208.66
188/190215/218Oct 2$1.80$0.7041%2.57$188.20$216.80
170/172215/218Sep 25$0.78$1.7279%0.45$171.72$215.78
170/172228/230Sep 25$0.54$1.9688%0.28$171.96$228.04
160/162212/215Sep 25$0.82$1.6876%0.49$161.68$213.32
175/180225/230Oct 23$2.78$2.2248%1.25$177.22$227.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 80 found (best R:R 5.58, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$192.50$195.00$197.50Sep 18$0.38$2.1257%5.58
$200.00$210.00$220.00Oct 16$0.88$9.1222%10.36
$195.00$197.50$200.00Sep 18$1.79$0.7198%0.40
$210.00$220.00$230.00Oct 16$0.70$9.3019%13.29
$180.00$185.00$190.00Oct 30$0.12$4.8811%40.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$195.00$197.50$200.00Sep 18$1.57$0.9396%0.59
$192.50$195.00$197.50Sep 18$0.61$1.8954%3.10
$177.50$180.00$182.50Oct 2$0.08$2.427%30.25
$172.50$175.00$177.50Sep 25$0.05$2.452%49.00
$180.00$182.50$185.00Sep 25$0.11$2.396%21.73

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 98 found (best net $-2.84, 82 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$192.50$195.001:2Sep 18$0.00$2.50
$220.00$230.001:2Oct 16-$1.14$8.86
$210.00$220.001:2Oct 16-$2.31$7.69
$200.00$210.001:2Oct 16-$4.00$6.00
$220.00$225.001:2Sep 25-$0.23$4.77
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$230.00$210.001:2Oct 16-$2.84$17.16
$210.00$205.001:2Sep 18-$2.73$2.27
$210.00$197.501:2Oct 23-$5.41$7.09
$170.00$160.001:2Oct 2-$0.14$9.86
$175.00$170.001:2Oct 2-$0.28$4.72

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 52 found (best yield 6.23%, avg 2.23%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$200.00Oct 30$12.300.511.4%6.23%7.60%4112
$210.00Oct 30$8.200.416.4%4.16%10.59%611
$220.00Oct 30$5.650.3211.5%2.86%14.36%1--
$200.00Oct 23$11.350.501.4%5.75%7.12%22--
$197.50Oct 23$12.200.530.1%6.18%6.28%56
$202.50Oct 23$9.600.472.6%4.87%7.50%1--
$205.00Oct 23$8.650.443.9%4.38%8.28%8234
$217.50Oct 23$5.450.3210.2%2.76%12.99%1--
$225.00Oct 30$4.400.2714.0%2.23%16.26%1--
$210.00Oct 23$6.850.396.4%3.47%9.90%1526

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 15,374
Total Puts 9,042
Put/Call Ratio 0.59
Net Difference 6,332

Prior's Put/Call Breakdown

Total Calls 25,357
Total Puts 9,826
Put/Call Ratio 0.39
Net Difference 15,531

Prior 7-Day Put/Call Summary

Total Calls 215,907
Total Puts 124,551
Average Put/Call Ratio 0.56
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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