ZS - Options Database

ZSCALER INC

$172.62 -3.22%

(9/1 19:18) ◀

Wednesday, September 2, 2026 (2:05pm)

▶ (9/2 18:01)

◀ 9/2 14:06 ▶

Option Volume

Detail

ℹ

Current (09/02 2:05pm) 16,008

Calls: 9,934 (62%)

Puts: 6,074 (38%)

Prior (05/26) 52,987

Calls: 27,680 (52%)

Puts: 25,307 (48%)

Current vs Prior -69.79%

Calls: -64.11% (Calls)

Puts: -76.00% (Puts)

Prior 7-Day Total 179,148

Calls: 100,996 (56%)

Puts: 78,152 (44%)

Prior 7-Day Average 25,592

Calls: 14,428 (56%)

Puts: 11,164 (44%)

Current vs Prior 7-Day Avg -37.45%

Calls: -31.15%

Puts: -45.60%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/02 2:05pm) $11.91M

Calls: $6.93M (58%)

Puts: $4.98M (42%)

Prior (05/26) $49.58M

Calls: $35.31M (71%)

Puts: $14.27M (29%)

Current vs Prior -75.98%

Calls: -80.37%

Puts: -65.13%

Prior 7-Day Total $316.48M

Calls: $102.39M (32%)

Puts: $214.08M (68%)

Prior 7-Day Average $45.21M

Calls: $14.63M (32%)

Puts: $30.58M (68%)

Current vs Prior 7-Day Avg -73.66%

Calls: -52.62%

Puts: -83.73%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/02 2:05pm) 0.61

Prior (05/26) 0.91

Current vs Prior -33.12%

Prior 7-Day Average 0.94

Current vs Prior 7-Day Avg -34.99%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/02 2:05pm) 211,907

Calls: 115,962 (55%)

Puts: 95,945 (45%)

Prior (05/26) 178,075

Calls: 98,663 (55%)

Puts: 79,412 (45%)

Current vs Prior +19.00%

Prior 7-Day Total 1,250,849

Calls: 606,231 (55%)

Puts: 497,795 (45%)

Prior 7-Day Average 178,692

Calls: 86,604 (55%)

Puts: 71,113 (45%)

Current vs Prior 7-Day Avg +18.59%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)

Current 13.37% | 14.45%15.43% | 19.88%

Prior 14.31% | 15.92%16.83% | 21.57%

Current vs Prior -6.57% | -9.23%-8.36% | -7.83%

Prior 7-Day Avg 8.07% | 14.27%16.98% | 21.15%

Current vs 7-Day Avg +65.75% | +1.28%-9.14% | -6.00%

Prior 7-Day Eod 14.31% | 15.92%16.04% | 20.22%

Current vs 7-Day Eod -6.57% | -9.23%-3.82% | -1.66%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 7.12% | 5.18%

Calls: 6.28% | 4.13%

Puts: 7.96% | 6.23%

Prior 5.54% | 8.33%

Calls: 5.84% | 7.69%

Puts: 5.24% | 8.97%

Current vs Prior +28.52% | -37.82%

Prior 7-Day Avg 20.65% | 8.22%

Calls: 21.81% | 7.72%

Puts: 19.49% | 8.72%

Current vs 7-Day Avg -65.52% | -37.02%

Liquidity Pricy

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Light premium activity with dollar volume down 76% vs prior. Below-average activity with volume down 70% vs prior. Bullish P/C ratio of 0.61. P/C ratio dropping 33% - sentiment shifting bullish.

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 BEARISH

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
16:00	BULLISH	BULLISH	BULLISH
15:00	BULLISH	BULLISH	BULLISH
14:05	BULLISH	BULLISH	BULLISH
14:00	BULLISH	BULLISH	BULLISH
13:00	BULLISH	BULLISH	BULLISH

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⏰ Backwardation

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📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 104 of results (avg 7.4%, best 3.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 4	9.90	10.30	$10.10	4.0%	981	0.50	190
$180.00	Sep 18	9.65	10.05	$9.85	4.1%	96	0.45	1.5K
$175.00	Sep 11	10.75	11.20	$10.98	4.1%	430	0.51	153
$172.50	Sep 11	11.85	12.35	$12.10	4.1%	461	0.54	23
$170.00	Sep 11	13.05	13.65	$13.35	4.5%	156	0.57	37

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$177.50	Sep 18	14.95	15.40	$15.18	3.0%	16	0.52	16
$185.00	Sep 18	19.60	20.20	$19.90	3.0%	1	0.61	482
$180.00	Sep 18	16.35	16.90	$16.63	3.3%	14	0.55	652
$165.00	Sep 18	8.50	8.80	$8.65	3.5%	9	0.37	432
$170.00	Sep 18	10.80	11.20	$11.00	3.6%	81	0.43	485

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.84, cheapest $0.84)

CALLS (0)

No calls meet the criteria

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$140.00	Sep 4	0.78	0.90	$0.84	14.3%	171	0.07	219

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 108 found (avg delta 0.69, highest 0.94)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$139.00	Sep 4	33.00	36.70	$34.85	10.6%	--	0.94	19
$140.00	Sep 4	32.00	35.15	$33.58	9.4%	--	0.93	26
$141.00	Sep 4	31.35	34.45	$32.90	9.4%	--	0.93	15
$139.00	Sep 11	33.85	37.20	$35.53	9.4%	--	0.92	35
$142.00	Sep 4	30.35	33.90	$32.13	11.0%	--	0.92	18

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$205.00	Sep 11	33.50	36.45	$34.98	8.4%	15	0.80	11
$205.00	Sep 18	34.90	36.45	$35.67	4.3%	15	0.80	2
$200.00	Sep 4	29.00	31.85	$30.43	9.4%	20	0.79	12
$200.00	Sep 11	29.85	32.15	$31.00	7.4%	30	0.77	1
$197.50	Sep 4	27.30	29.35	$28.33	7.2%	20	0.77	22

Most actively traded options today. High liquidity = easy entry/exit. 199 active (total vol 10.9K, top 1.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 4	2.79	3.25	$3.02	15.2%	1.3K	0.21	1.3K
$175.00	Sep 4	9.90	10.30	$10.10	4.0%	981	0.50	190
$200.00	Sep 11	3.45	4.10	$3.78	17.2%	591	0.23	296
$172.50	Sep 4	10.80	11.50	$11.15	6.3%	485	0.54	53
$180.00	Sep 4	7.65	8.45	$8.05	9.9%	469	0.43	270

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 18	13.30	13.90	$13.60	4.4%	717	0.49	1.1K
$175.00	Sep 11	12.45	13.25	$12.85	6.2%	702	0.49	171
$150.00	Sep 4	2.22	2.50	$2.36	11.9%	370	0.16	606
$145.00	Sep 4	1.35	1.50	$1.43	10.5%	275	0.11	436
$140.00	Sep 4	0.78	0.90	$0.84	14.3%	171	0.07	219

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 46 strikes (avg 183.2%, max 225.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$190.00	Sep 4	Oct 16	212.6%	65.3%	225.7%	97	585
$185.00	Sep 4	Oct 16	214.1%	66.2%	223.3%	122	465
$170.00	Sep 4	Oct 16	211.0%	66.2%	218.7%	163	211
$180.00	Sep 4	Oct 16	211.2%	66.5%	217.3%	486	330
$195.00	Sep 4	Oct 16	214.1%	67.5%	217.2%	82	256

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$190.00	Sep 4	Oct 16	212.6%	65.3%	225.7%	7	255
$185.00	Sep 4	Oct 16	214.1%	66.2%	223.3%	3	281
$170.00	Sep 4	Oct 16	211.0%	66.2%	218.7%	110	375
$180.00	Sep 4	Oct 16	211.2%	66.5%	217.3%	60	671
$160.00	Sep 4	Oct 16	208.3%	66.0%	215.4%	267	665

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 192 found (best R:R 0.54, avg 2.36)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$145.00	$170.00	Oct 2	$16.27	$8.73	$16.27	84%	0.54	$161.27
$150.00	$167.50	Sep 25	$10.88	$6.62	$10.88	79%	0.61	$160.88
$170.00	$190.00	Oct 9	$7.47	$12.53	$7.47	56%	1.68	$177.47
$170.00	$175.00	Oct 16	$1.87	$3.13	$1.87	58%	1.67	$171.87
$190.00	$195.00	Oct 16	$0.93	$4.07	$0.93	39%	4.38	$190.93

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$187.50	$185.00	Sep 4	$1.31	$1.19	$1.31	66%	0.91	$186.19
$185.00	$182.50	Sep 18	$1.20	$1.30	$1.20	61%	1.08	$183.80
$195.00	$192.50	Sep 4	$1.58	$0.92	$1.58	74%	0.58	$193.42
$149.00	$146.00	Sep 11	$0.17	$2.83	$0.17	16%	16.65	$148.83
$195.00	$192.50	Sep 11	$1.58	$0.92	$1.58	72%	0.58	$193.42

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 134 found (best R:R 0.59, avg 0.53)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$192.50	$195.00	Sep 18	$1.07	$1.07	$1.43	68%	0.75	$193.57
$190.00	$192.50	Oct 9	$1.10	$1.10	$1.40	62%	0.79	$191.10
$195.00	$200.00	Oct 9	$1.65	$1.65	$3.35	66%	0.49	$196.65
$180.00	$182.50	Sep 18	$1.17	$1.17	$1.33	55%	0.88	$181.17
$175.00	$180.00	Oct 16	$2.65	$2.65	$2.35	46%	1.13	$177.65

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$150.00	$145.00	Oct 2	$1.86	$1.86	$3.14	78%	0.59	$148.14
$150.00	$140.00	Oct 9	$2.46	$2.46	$7.54	78%	0.33	$147.54
$155.00	$150.00	Oct 9	$2.00	$2.00	$3.00	72%	0.67	$153.00
$165.00	$162.50	Sep 25	$1.63	$1.63	$0.87	63%	1.87	$163.37
$145.00	$140.00	Oct 16	$1.48	$1.48	$3.52	81%	0.42	$143.52

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 24 found (avg debit $0.82, cheapest $0.58)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$162.50	Sep 4	Sep 11	$1.12	215.3%	109.1%
$185.00	Sep 4	Sep 11	$0.70	214.1%	109.4%
$182.50	Sep 4	Sep 11	$0.62	212.4%	107.7%
$187.50	Sep 4	Sep 11	$0.70	213.8%	109.5%
$167.50	Sep 4	Sep 11	$0.87	213.0%	109.1%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$162.50	Sep 4	Sep 11	$0.58	215.3%	109.1%
$185.00	Sep 4	Sep 11	$0.46	214.1%	109.4%
$182.50	Sep 4	Sep 11	$1.04	212.4%	107.7%
$187.50	Sep 4	Sep 11	$1.07	213.8%	109.5%
$167.50	Sep 4	Sep 11	$0.72	213.0%	109.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 56 found (cheapest 12.65% of stock, avg 15.29%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$172.50	Sep 4	$11.15	$10.68	$21.83	$150.67	$194.33	12.65%
$170.00	Sep 4	$12.35	$9.50	$21.85	$148.15	$191.85	12.66%
$175.00	Sep 4	$10.10	$11.93	$22.03	$152.97	$197.03	12.76%
$167.50	Sep 4	$13.63	$8.43	$22.06	$145.44	$189.56	12.78%
$165.00	Sep 4	$15.10	$7.13	$22.23	$142.77	$187.23	12.88%
$162.50	Sep 4	$16.13	$6.45	$22.58	$139.92	$185.08	13.08%
$177.50	Sep 4	$9.00	$13.70	$22.70	$154.80	$200.20	13.15%
$180.00	Sep 4	$8.05	$15.13	$23.18	$156.82	$203.18	13.43%
$160.00	Sep 4	$18.17	$5.23	$23.40	$136.60	$183.40	13.56%
$172.50	Sep 11	$12.10	$11.50	$23.60	$148.90	$196.10	13.67%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 6.72% of stock, avg 11.54%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$200.00	$150.00	Oct 9	$6.40	$5.20	$11.60	$138.40	$211.60
$187.50	$165.00	Sep 4	$5.75	$7.13	$12.88	$152.12	$200.38
$200.00	$155.00	Oct 9	$6.40	$7.20	$13.60	$141.40	$213.60
$185.00	$165.00	Sep 4	$6.50	$7.13	$13.63	$151.37	$198.63
$187.50	$165.00	Sep 11	$6.45	$7.90	$14.35	$150.65	$201.85
$200.00	$157.50	Oct 9	$6.40	$7.98	$14.38	$143.12	$214.38
$187.50	$167.50	Sep 4	$5.75	$8.43	$14.18	$153.32	$201.68
$195.00	$150.00	Oct 9	$8.05	$5.20	$13.25	$136.75	$208.25
$182.50	$165.00	Sep 4	$7.23	$7.13	$14.36	$150.64	$196.86
$185.00	$167.50	Sep 4	$6.50	$8.43	$14.93	$152.57	$199.93

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 158 found (best R:R 2.70, avg credit $1.27)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
150/155	195/200	Oct 9	$3.65	$1.35	39%	2.70	$151.35	$198.65
158/160	192/195	Sep 18	$2.04	$0.46	37%	4.43	$157.96	$194.54
158/160	192/195	Sep 25	$2.05	$0.45	36%	4.56	$157.95	$194.55
150/152	192/195	Sep 18	$1.74	$0.76	46%	2.29	$150.76	$194.24
152/155	192/195	Sep 18	$1.75	$0.75	43%	2.33	$153.25	$194.25
155/158	192/195	Sep 18	$1.80	$0.70	40%	2.57	$155.70	$194.30
155/158	190/192	Sep 11	$1.76	$0.74	41%	2.38	$155.74	$191.76
160/162	192/195	Sep 18	$1.85	$0.65	34%	2.85	$160.65	$194.35
158/160	195/198	Sep 18	$1.65	$0.85	41%	1.94	$158.35	$196.65
155/158	200/202	Sep 11	$1.36	$1.14	50%	1.19	$156.14	$201.36

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 109 found (best R:R 70.43, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$180.00	$185.00	$190.00	Oct 16	$0.07	$4.93	10%	70.43
$195.00	$200.00	$205.00	Sep 25	$0.12	$4.88	8%	40.67
$172.50	$175.00	$177.50	Sep 18	$0.06	$2.44	6%	40.67
$167.50	$170.00	$172.50	Sep 4	$0.08	$2.42	7%	30.25
$180.00	$182.50	$185.00	Sep 4	$0.09	$2.41	6%	26.78

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$165.00	$170.00	$175.00	Oct 16	$0.09	$4.91	10%	54.56
$160.00	$165.00	$170.00	Oct 16	$0.23	$4.77	10%	20.74
$170.00	$172.50	$175.00	Sep 4	$0.07	$2.43	7%	34.71
$180.00	$185.00	$190.00	Oct 16	$0.23	$4.77	10%	20.74
$150.00	$155.00	$160.00	Oct 16	$0.25	$4.75	9%	19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 35 found (best net $-0.86, 34 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$150.00	$167.50	1:2	Sep 25	-$5.29	$12.21
$170.00	$190.00	1:2	Oct 9	-$1.91	$18.09
$200.00	$205.00	1:2	Sep 18	-$2.48	$2.52
$202.50	$205.00	1:2	Sep 4	-$1.85	$0.65
$195.00	$200.00	1:2	Sep 11	-$2.78	$2.22

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$197.50	$175.00	1:2	Oct 9	-$0.86	$21.64
$175.00	$160.00	1:2	Oct 9	-$1.88	$13.12
$150.00	$140.00	1:2	Oct 9	-$0.28	$9.72
$145.00	$140.00	1:2	Sep 18	-$0.88	$4.12
$150.00	$145.00	1:2	Oct 2	-$1.31	$3.69

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 66 found (best yield 8.57%, avg 4.03%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$175.00	Oct 16	$14.80	0.54	1.4%	8.57%	9.95%	1	23
$185.00	Oct 16	$10.45	0.44	7.2%	6.05%	13.23%	4	38
$180.00	Oct 16	$12.25	0.48	4.3%	7.10%	11.37%	17	60
$190.00	Oct 16	$8.95	0.39	10.1%	5.18%	15.25%	21	49
$195.00	Oct 16	$7.65	0.35	13.0%	4.43%	17.40%	11	29
$200.00	Oct 16	$6.55	0.31	15.9%	3.79%	19.66%	2	138
$190.00	Oct 9	$7.75	0.38	10.1%	4.49%	14.56%	1	3
$177.50	Oct 2	$11.75	0.49	2.8%	6.81%	9.63%	2	13
$192.50	Oct 9	$7.15	0.35	11.5%	4.14%	15.66%	10	--
$175.00	Oct 2	$12.70	0.51	1.4%	7.36%	8.74%	6	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 9,934

Total Puts 6,074

Put/Call Ratio 0.61

Net Difference 3,860

Prior's Put/Call Breakdown

Total Calls 27,680

Total Puts 25,307

Put/Call Ratio 0.91

Net Difference 2,373

Prior 7-Day Put/Call Summary

Total Calls 100,996

Total Puts 78,152

Average Put/Call Ratio 0.94

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

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Price — Past 7 Days

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