Tour v526
ZS
ZSCALER INC
$178.54 +3.36%
9/3 09:36

Option Volume

Detail
Current (09/03 9:35am) 1,025
Calls: 778 (76%)
Puts: 247 (24%)
Prior (02/24) 19,538
Calls: 6,290 (32%)
Puts: 13,248 (68%)
Current vs Prior -94.75%
Calls: -87.63% (Calls)
Puts: -98.14% (Puts)
Prior 7-Day Total 170,345
Calls: 94,772 (56%)
Puts: 75,573 (44%)
Prior 7-Day Average 24,335
Calls: 13,538 (56%)
Puts: 10,796 (44%)
Current vs Prior 7-Day Avg -95.79%
Calls: -94.25%
Puts: -97.71%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03 9:35am) $731.1K
Calls: $634.1K (87%)
Puts: $97.0K (13%)
Prior (02/24) $125.20M
Calls: $5.26M (4%)
Puts: $119.94M (96%)
Current vs Prior -99.42%
Calls: -87.94%
Puts: -99.92%
Prior 7-Day Total $311.60M
Calls: $95.64M (31%)
Puts: $215.97M (69%)
Prior 7-Day Average $44.51M
Calls: $13.66M (31%)
Puts: $30.85M (69%)
Current vs Prior 7-Day Avg -98.36%
Calls: -95.36%
Puts: -99.69%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/03 9:35am) 0.32
Prior (02/24) 2.11
Current vs Prior -84.93%
Prior 7-Day Average 0.95
Current vs Prior 7-Day Avg -66.62%
Sentiment BULLISH

Open Interest

Detail
Current (09/03 9:35am) 220,305
Calls: 120,774 (55%)
Puts: 99,531 (45%)
Prior (02/24) 59,691
Calls: 35,756 (60%)
Puts: 23,935 (40%)
Current vs Prior +269.08%
Prior 7-Day Total 1,049,728
Calls: 610,481 (55%)
Puts: 498,938 (45%)
Prior 7-Day Average 174,954
Calls: 87,211 (55%)
Puts: 71,276 (45%)
Current vs Prior 7-Day Avg +25.92%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 13.41% | 14.47%15.46% | 19.62%
Prior 3.17% | 14.44%16.83% | 21.57%
Current vs Prior +322.98% | +0.18%-8.17% | -9.04%
Prior 7-Day Avg 9.50% | 14.24%16.13% | 20.73%
Current vs 7-Day Avg +41.28% | +1.57%-4.16% | -5.33%
Prior 7-Day Eod 3.17% | 14.44%15.88% | 19.68%
Current vs 7-Day Eod +322.98% | +0.18%-2.65% | -0.32%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 20.08% | 19.55%
Calls: 21.37% | 19.84%
Puts: 18.78% | 19.27%
Prior 38.52% | 10.18%
Calls: 30.38% | 4.98%
Puts: 46.67% | 15.38%
Current vs Prior -47.87% | +92.04%
Prior 7-Day Avg 24.22% | 8.62%
Calls: 23.52% | 7.17%
Puts: 24.93% | 10.06%
Current vs 7-Day Avg -17.10% | +126.90%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 87% of dollar volume in calls ($634.1K) vs puts ($97.0K). Light premium activity with dollar volume down 99% vs prior. Below-average activity with volume down 95% vs prior. Extreme bullish P/C ratio of 0.32 - heavy call buying (778 calls vs 247 puts).

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BEARISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
14:05BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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 28 of results (avg 8.3%, best 3.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 1831.0532.20$31.633.6%30.85846
$146.00Sep 432.1534.10$33.135.9%--0.9262
$185.00Sep 48.359.00$8.687.5%80.44474
$147.00Sep 430.8033.20$32.007.5%--0.9042
$143.00Sep 434.1037.00$35.558.2%--0.9319
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1834.9536.75$35.855.0%--0.78183
$212.50Sep 435.2037.65$36.426.7%--0.8420
$210.00Sep 432.9035.50$34.207.6%--0.8211
$175.00Sep 49.3010.10$9.708.2%110.42175
$205.00Sep 1830.0532.75$31.408.6%--0.7517

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. 96 found (avg delta 0.69, highest 0.93)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$143.00Sep 434.1037.00$35.558.2%--0.9319
$144.00Sep 433.1536.10$34.638.5%--0.9315
$145.00Sep 432.3035.25$33.788.7%--0.9231
$146.00Sep 432.1534.10$33.135.9%--0.9262
$143.00Sep 1134.6537.60$36.138.2%--0.9151
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$212.50Sep 435.2037.65$36.426.7%--0.8420
$210.00Sep 432.9035.50$34.207.6%--0.8211
$210.00Sep 1834.9536.75$35.855.0%--0.78183
$205.00Sep 1129.3532.45$30.9010.0%--0.7626
$205.00Sep 1830.0532.75$31.408.6%--0.7517

Most actively traded options today. High liquidity = easy entry/exit. 74 active (total vol 656, top 123)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 44.054.55$4.3011.6%1230.261.7K
$175.00Sep 411.9513.50$12.7312.2%780.58674
$175.00Sep 1113.2014.45$13.839.0%570.58244
$190.00Sep 46.207.50$6.8519.0%500.38557
$200.00Sep 185.156.60$5.8824.7%290.302.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 41.411.79$1.6023.8%240.11827
$155.00Sep 42.212.55$2.3814.3%160.16301
$170.00Sep 117.459.10$8.2819.9%160.36171
$170.00Sep 188.109.75$8.9318.5%150.36522
$160.00Sep 43.454.15$3.8018.4%140.22652

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 45 strikes (avg 252.9%, max 322.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$165.00Sep 4Oct 16272.9%64.6%322.8%4140
$175.00Sep 4Oct 16269.4%64.5%317.7%81697
$170.00Sep 4Oct 16265.7%64.7%310.6%11226
$160.00Sep 4Oct 16263.0%65.0%304.4%--77
$190.00Sep 4Oct 16273.1%67.6%304.2%51601
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$165.00Sep 4Oct 16272.9%64.6%322.8%3716
$175.00Sep 4Oct 16269.4%64.5%317.7%11339
$170.00Sep 4Oct 16265.7%64.7%310.6%5451
$160.00Sep 4Oct 16263.0%65.0%304.4%15777
$190.00Sep 4Oct 16273.1%67.6%304.2%--251

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 182 found (best R:R 0.52, avg 2.17)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$145.00$150.00Sep 18$3.29$1.71$3.2988%0.52$148.29
$170.00$175.00Oct 2$2.20$2.80$2.2063%1.27$172.20
$190.00$200.00Oct 2$2.85$7.15$2.8543%2.51$192.85
$190.00$195.00Oct 16$1.30$3.70$1.3044%2.85$191.30
$200.00$210.00Oct 16$2.30$7.70$2.3036%3.35$202.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$167.50$165.00Sep 4$0.65$1.85$0.6532%2.85$166.85
$149.00$146.00Sep 11$0.27$2.73$0.2712%10.11$148.73
$177.50$175.00Sep 11$1.05$1.45$1.0546%1.38$176.45
$152.50$150.00Sep 11$0.32$2.18$0.3215%6.81$152.18
$175.00$172.50Sep 25$1.00$1.50$1.0042%1.50$174.00

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 126 found (best R:R 0.69, avg 0.50)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$207.50$210.00Sep 11$0.64$0.64$1.8678%0.34$208.14
$182.50$185.00Sep 11$1.25$1.25$1.2552%1.00$183.75
$195.00$197.50Sep 11$0.88$0.88$1.6266%0.54$195.88
$192.50$195.00Sep 4$0.87$0.87$1.6365%0.53$193.37
$187.50$190.00Sep 11$1.05$1.05$1.4558%0.72$188.55
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$175.00$155.00Oct 9$8.15$8.15$11.8558%0.69$166.85
$160.00$155.00Oct 16$1.80$1.80$3.2072%0.56$158.20
$170.00$165.00Oct 16$2.20$2.20$2.8063%0.79$167.80
$170.00$167.50Sep 11$1.33$1.33$1.1764%1.14$168.67
$170.00$165.00Oct 2$2.12$2.12$2.8863%0.74$167.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 24 found (avg debit $0.97, cheapest $0.87)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.50Sep 4Sep 11$0.87276.7%116.6%
$185.00Sep 4Sep 11$0.84275.4%115.7%
$192.50Sep 4Sep 11$1.05278.4%119.4%
$190.00Sep 4Sep 11$0.80273.1%114.6%
$172.50Sep 4Sep 11$1.28271.2%113.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.50Sep 4Sep 11$0.87276.7%116.6%
$185.00Sep 4Sep 11$0.82275.4%115.7%
$192.50Sep 4Sep 11$0.73278.4%119.4%
$190.00Sep 4Sep 11$0.77273.1%114.6%
$172.50Sep 4Sep 11$0.63271.2%113.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 57 found (cheapest 12.56% of stock, avg 15.11%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$175.00Sep 4$12.73$9.70$22.43$152.57$197.4312.56%
$172.50Sep 4$13.85$8.60$22.45$150.05$194.9512.57%
$170.00Sep 4$15.23$7.30$22.53$147.47$192.5312.62%
$180.00Sep 4$10.45$12.25$22.70$157.30$202.7012.71%
$177.50Sep 4$11.70$11.03$22.73$154.77$200.2312.73%
$167.50Sep 4$16.60$6.33$22.93$144.57$190.4312.84%
$182.50Sep 4$9.30$13.65$22.95$159.55$205.4512.85%
$185.00Sep 4$8.68$15.38$24.06$160.94$209.0613.48%
$165.00Sep 4$18.60$5.68$24.28$140.72$189.2813.60%
$177.50Sep 11$12.60$11.68$24.28$153.22$201.7813.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 156 found (cheapest 7.62% of stock, avg 11.52%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$192.50$170.00Sep 4$6.30$7.30$13.60$156.40$206.10
$210.00$160.00Oct 16$6.68$7.65$14.33$145.67$224.33
$190.00$170.00Sep 4$6.85$7.30$14.15$155.85$204.15
$200.00$155.00Oct 9$8.23$5.05$13.28$141.72$213.28
$192.50$172.50Sep 4$6.30$8.60$14.90$157.60$207.40
$190.00$172.50Sep 4$6.85$8.60$15.45$157.05$205.45
$192.50$170.00Sep 11$7.35$8.28$15.63$154.37$208.13
$187.50$170.00Sep 4$7.83$7.30$15.13$154.87$202.63
$190.00$170.00Sep 11$7.65$8.28$15.93$154.07$205.93
$187.50$172.50Sep 4$7.83$8.60$16.43$156.07$203.93

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 138 found (best R:R 2.42, avg credit $1.34)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
160/162192/195Sep 4$1.77$0.7340%2.42$160.73$194.27
162/165192/195Sep 4$1.85$0.6536%2.85$163.15$194.35
155/158192/195Sep 4$1.57$0.9346%1.69$155.93$194.07
160/162200/202Sep 4$1.49$1.0148%1.48$161.01$201.49
162/165200/202Sep 4$1.57$0.9345%1.69$163.43$201.57
152/155195/198Sep 11$1.48$1.0248%1.45$153.52$196.48
155/158195/198Sep 11$1.54$0.9645%1.60$155.96$196.54
158/160192/195Sep 4$1.59$0.9143%1.75$158.41$194.09
155/158200/202Sep 4$1.29$1.2155%1.07$156.21$201.29
160/162195/198Sep 4$1.55$0.9543%1.63$160.95$196.55

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 101 found (best R:R 70.43, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$180.00$185.00$190.00Oct 16$0.06$4.949%82.33
$165.00$170.00$175.00Oct 16$0.13$4.8710%37.46
$175.00$180.00$185.00Oct 16$0.17$4.839%28.41
$167.50$170.00$172.50Sep 11$0.06$2.447%40.67
$170.00$172.50$175.00Sep 11$0.07$2.436%34.71
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$195.00$200.00$205.00Sep 11$0.07$4.9310%70.43
$165.00$170.00$175.00Oct 16$0.18$4.8210%26.78
$177.50$180.00$182.50Sep 18$0.06$2.446%40.67
$175.00$177.50$180.00Sep 18$0.07$2.436%34.71
$152.50$155.00$157.50Sep 11$0.06$2.445%40.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 32 found (best net $-1.11, 30 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$190.00$200.001:2Oct 2-$4.78$5.22
$200.00$210.001:2Oct 16-$4.38$5.62
$210.00$212.501:2Sep 4-$1.87$0.63
$207.50$210.001:2Sep 4-$2.11$0.39
$200.00$205.001:2Sep 18-$3.28$1.72
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$150.00$145.001:2Sep 18-$1.11$3.89
$144.00$143.001:2Sep 4-$0.61$0.39
$150.00$145.001:2Sep 25-$1.19$3.81
$147.00$146.001:2Sep 4-$0.66$0.34
$145.00$144.001:2Sep 4-$0.69$0.31

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 64 found (best yield 6.13%, avg 3.86%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$190.00Oct 16$10.950.446.4%6.13%12.55%144
$195.00Oct 16$9.400.409.2%5.26%14.48%--32
$180.00Oct 16$15.050.530.8%8.43%9.25%158
$200.00Oct 16$7.950.3612.0%4.45%16.47%--139
$185.00Oct 16$12.550.483.6%7.03%10.65%--39
$195.00Oct 9$8.200.399.2%4.59%13.81%--13
$210.00Oct 16$5.700.2817.6%3.19%20.81%--43
$192.50Oct 9$8.750.417.8%4.90%12.72%--10
$200.00Oct 9$6.700.3412.0%3.75%15.77%--15
$190.00Oct 2$9.050.436.4%5.07%11.49%--39

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 778
Total Puts 247
Put/Call Ratio 0.32
Net Difference 531

Prior's Put/Call Breakdown

Total Calls 6,290
Total Puts 13,248
Put/Call Ratio 2.11
Net Difference -6,958

Prior 7-Day Put/Call Summary

Total Calls 94,772
Total Puts 75,573
Average Put/Call Ratio 0.95
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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