ZS - Options Database

ZSCALER INC

$178.07 +3.09%

(9/3 09:36) ◀

Thursday, September 3, 2026 (9:40am)

▶ (9/3 09:45)

◀ 9/3 09:40 ▶

Option Volume

Detail

ℹ

Current (09/03 9:40am) 1,867

Calls: 1,478 (79%)

Puts: 389 (21%)

Prior (02/24) 19,538

Calls: 6,290 (32%)

Puts: 13,248 (68%)

Current vs Prior -90.44%

Calls: -76.50% (Calls)

Puts: -97.06% (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 -92.33%

Calls: -89.08%

Puts: -96.40%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/03 9:40am) $1.32M

Calls: $1.16M (88%)

Puts: $160.1K (12%)

Prior (02/24) $125.20M

Calls: $5.26M (4%)

Puts: $119.94M (96%)

Current vs Prior -98.94%

Calls: -77.89%

Puts: -99.87%

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 -97.03%

Calls: -91.49%

Puts: -99.48%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/03 9:40am) 0.26

Prior (02/24) 2.11

Current vs Prior -87.50%

Prior 7-Day Average 0.95

Current vs Prior 7-Day Avg -72.33%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/03 9:40am) 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 1,270,033

Calls: 610,481 (55%)

Puts: 498,938 (45%)

Prior 7-Day Average 181,433

Calls: 87,211 (55%)

Puts: 71,276 (45%)

Current vs Prior 7-Day Avg +21.42%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 13.40% | 14.66%15.50% | 19.62%

Prior 13.37% | 14.45%15.43% | 19.88%

Current vs Prior +0.22% | +1.41%+0.47% | -1.34%

Prior 7-Day Avg 9.50% | 14.24%16.13% | 20.73%

Current vs 7-Day Avg +41.12% | +2.90%-3.91% | -5.35%

Prior 7-Day Eod 13.37% | 14.45%15.88% | 19.68%

Current vs 7-Day Eod +0.22% | +1.41%-2.40% | -0.35%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 10.13% | 11.55%

Calls: 11.86% | 13.12%

Puts: 8.41% | 9.99%

Prior 7.12% | 5.18%

Calls: 6.28% | 4.13%

Puts: 7.96% | 6.23%

Current vs Prior +42.28% | +122.97%

Prior 7-Day Avg 21.37% | 8.04%

Calls: 20.65% | 6.67%

Puts: 22.10% | 9.42%

Current vs 7-Day Avg -52.60% | +43.60%

Liquidity Expensive

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Strong bullish conviction with 88% of dollar volume in calls ($1.16M) vs puts ($160.1K). Light premium activity with dollar volume down 99% vs prior. Below-average activity with volume down 90% vs prior. Extreme bullish P/C ratio of 0.26 - heavy call buying (1,478 calls vs 389 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)

Time	Smart Money	Retail	Overall
09:40	BULLISH	BULLISH	BULLISH
09:35	BULLISH	BULLISH	BULLISH

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📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

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⚖️ Ratio Spreads

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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 42 of results (avg 8.0%, best 5.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Sep 4	10.25	10.80	$10.53	5.2%	36	0.50	541
$175.00	Sep 4	12.45	13.20	$12.83	5.8%	119	0.57	674
$146.00	Sep 4	31.95	34.10	$33.03	6.5%	--	0.91	62
$175.00	Sep 11	13.30	14.20	$13.75	6.5%	102	0.58	244
$145.00	Sep 4	32.65	34.90	$33.78	6.7%	--	0.91	31

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 4	25.55	26.90	$26.23	5.1%	--	0.73	32
$210.00	Sep 18	34.95	36.80	$35.88	5.2%	--	0.77	183
$190.00	Sep 4	18.25	19.55	$18.90	6.9%	--	0.62	198
$212.50	Sep 4	35.20	37.85	$36.53	7.3%	--	0.84	20
$210.00	Sep 4	32.90	35.55	$34.22	7.7%	--	0.83	11

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 0.92)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$143.00	Sep 4	34.10	37.00	$35.55	8.2%	--	0.92	19
$143.00	Sep 11	34.45	37.60	$36.03	8.7%	--	0.92	51
$144.00	Sep 4	33.15	36.10	$34.63	8.5%	--	0.92	15
$145.00	Sep 4	32.65	34.90	$33.78	6.7%	--	0.91	31
$144.00	Sep 11	33.65	36.90	$35.28	9.2%	--	0.91	81

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$212.50	Sep 4	35.20	37.85	$36.53	7.3%	--	0.84	20
$210.00	Sep 4	32.90	35.55	$34.22	7.7%	--	0.83	11
$210.00	Sep 18	34.95	36.80	$35.88	5.2%	--	0.77	183
$205.00	Sep 11	29.35	32.45	$30.90	10.0%	--	0.76	26
$205.00	Sep 18	30.05	32.75	$31.40	8.6%	--	0.74	17

Most actively traded options today. High liquidity = easy entry/exit. 99 active (total vol 1.1K, top 212)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 4	4.20	4.50	$4.35	6.9%	212	0.27	1.7K
$175.00	Sep 4	12.45	13.20	$12.83	5.8%	119	0.57	674
$175.00	Sep 11	13.30	14.20	$13.75	6.5%	102	0.58	244
$190.00	Sep 4	6.50	7.30	$6.90	11.6%	60	0.37	557
$180.00	Sep 4	10.25	10.80	$10.53	5.2%	36	0.50	541

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$150.00	Sep 4	1.30	1.80	$1.55	32.3%	44	0.11	827
$155.00	Sep 4	2.33	2.82	$2.58	19.0%	25	0.17	301
$175.00	Sep 4	9.30	10.25	$9.78	9.7%	22	0.43	175
$170.00	Sep 11	7.90	8.75	$8.32	10.2%	18	0.36	171
$170.00	Sep 18	8.10	9.75	$8.93	18.5%	16	0.36	522

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 255.0%, max 321.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$165.00	Sep 4	Oct 16	270.0%	64.1%	321.4%	34	140
$175.00	Sep 4	Oct 16	269.2%	64.0%	320.4%	122	697
$170.00	Sep 4	Oct 16	268.4%	64.2%	318.1%	11	226
$160.00	Sep 4	Oct 16	265.7%	64.6%	311.3%	1	77
$155.00	Sep 4	Oct 16	260.5%	63.8%	308.1%	32	118

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$165.00	Sep 4	Oct 16	270.0%	64.1%	321.4%	7	716
$175.00	Sep 4	Oct 16	269.2%	64.0%	320.4%	22	339
$170.00	Sep 4	Oct 16	268.4%	64.2%	318.1%	12	451
$160.00	Sep 4	Oct 16	265.7%	64.6%	311.3%	16	777
$155.00	Sep 4	Oct 16	260.5%	63.8%	308.1%	25	450

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 180 found (best R:R 1.27, avg 2.22)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$175.00	Oct 2	$2.20	$2.80	$2.20	63%	1.27	$172.20
$190.00	$200.00	Oct 2	$2.85	$7.15	$2.85	43%	2.51	$192.85
$180.00	$185.00	Oct 16	$1.75	$3.25	$1.75	53%	1.86	$181.75
$190.00	$195.00	Oct 16	$1.33	$3.67	$1.33	44%	2.76	$191.33
$200.00	$210.00	Oct 16	$2.30	$7.70	$2.30	36%	3.35	$202.30

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$182.50	$180.00	Sep 11	$1.03	$1.47	$1.03	52%	1.43	$181.47
$182.50	$180.00	Sep 4	$1.17	$1.33	$1.17	53%	1.14	$181.33
$167.50	$165.00	Sep 18	$0.70	$1.80	$0.70	33%	2.57	$166.80
$192.50	$190.00	Sep 18	$1.47	$1.03	$1.47	62%	0.70	$191.03
$177.50	$175.00	Sep 11	$1.03	$1.47	$1.03	46%	1.43	$176.47

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 127 found (best R:R 0.67, avg 0.51)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$180.00	$182.50	Sep 11	$1.42	$1.42	$1.08	49%	1.31	$181.42
$207.50	$210.00	Sep 11	$0.66	$0.66	$1.84	78%	0.36	$208.16
$192.50	$195.00	Sep 11	$0.95	$0.95	$1.55	64%	0.61	$193.45
$205.00	$207.50	Sep 4	$0.57	$0.57	$1.93	78%	0.30	$205.57
$190.00	$192.50	Sep 4	$0.95	$0.95	$1.55	63%	0.61	$190.95

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$175.00	$155.00	Oct 9	$8.00	$8.00	$12.00	58%	0.67	$167.00
$160.00	$155.00	Oct 16	$1.80	$1.80	$3.20	72%	0.56	$158.20
$177.50	$175.00	Sep 18	$1.58	$1.58	$0.92	54%	1.72	$175.92
$170.00	$165.00	Oct 16	$2.20	$2.20	$2.80	62%	0.79	$167.80
$157.50	$152.50	Oct 2	$1.45	$1.45	$3.55	76%	0.41	$156.05

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 24 found (avg debit $0.95, cheapest $0.87)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$187.50	Sep 4	Sep 11	$0.87	279.4%	116.9%
$185.00	Sep 4	Sep 11	$0.85	276.4%	115.3%
$190.00	Sep 4	Sep 11	$0.85	276.9%	115.9%
$195.00	Sep 4	Sep 11	$0.78	273.8%	114.6%
$172.50	Sep 4	Sep 11	$1.38	269.3%	112.8%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$187.50	Sep 4	Sep 11	$0.87	279.4%	116.9%
$185.00	Sep 4	Sep 11	$0.97	276.4%	115.3%
$190.00	Sep 4	Sep 11	$0.55	276.9%	115.9%
$195.00	Sep 4	Sep 11	$0.81	273.8%	114.6%
$172.50	Sep 4	Sep 11	$0.63	269.3%	112.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 57 found (cheapest 12.53% of stock, avg 15.16%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$177.50	Sep 4	$11.38	$10.93	$22.31	$155.19	$199.81	12.53%
$172.50	Sep 4	$13.75	$8.60	$22.35	$150.15	$194.85	12.55%
$175.00	Sep 4	$12.83	$9.78	$22.61	$152.39	$197.61	12.70%
$170.00	Sep 4	$15.43	$7.48	$22.91	$147.09	$192.91	12.87%
$182.50	Sep 4	$9.30	$13.65	$22.95	$159.55	$205.45	12.89%
$180.00	Sep 4	$10.53	$12.48	$23.01	$156.99	$203.01	12.92%
$167.50	Sep 4	$16.60	$6.43	$23.03	$144.47	$190.53	12.93%
$185.00	Sep 4	$8.60	$15.23	$23.83	$161.17	$208.83	13.38%
$165.00	Sep 4	$18.42	$5.63	$24.05	$140.95	$189.05	13.51%
$177.50	Sep 11	$12.58	$11.73	$24.31	$153.19	$201.81	13.65%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 159 found (cheapest 7.54% of stock, avg 11.58%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$192.50	$170.00	Sep 4	$5.95	$7.48	$13.43	$156.57	$205.93
$210.00	$160.00	Oct 16	$6.68	$7.65	$14.33	$145.67	$224.33
$190.00	$170.00	Sep 4	$6.90	$7.48	$14.38	$155.62	$204.38
$200.00	$155.00	Oct 9	$8.07	$5.23	$13.30	$141.70	$213.30
$192.50	$172.50	Sep 4	$5.95	$8.60	$14.55	$157.95	$207.05
$192.50	$170.00	Sep 11	$7.08	$8.32	$15.40	$154.60	$207.90
$190.00	$172.50	Sep 4	$6.90	$8.60	$15.50	$157.00	$205.50
$187.50	$170.00	Sep 4	$7.83	$7.48	$15.31	$154.69	$202.81
$190.00	$170.00	Sep 11	$7.75	$8.32	$16.07	$153.93	$206.07
$187.50	$172.50	Sep 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 1.05, avg credit $1.28)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
152/155	202/205	Sep 4	$1.28	$1.22	59%	1.05	$153.72	$203.78
158/160	202/205	Sep 11	$1.50	$1.00	50%	1.50	$158.50	$204.00
158/160	202/205	Sep 4	$1.38	$1.12	53%	1.23	$158.62	$203.88
162/165	202/205	Sep 4	$1.53	$0.97	47%	1.58	$163.47	$204.03
162/165	198/200	Sep 18	$1.73	$0.77	37%	2.25	$163.27	$199.23
160/162	202/205	Sep 4	$1.37	$1.13	50%	1.21	$161.13	$203.87
155/158	202/205	Sep 4	$1.17	$1.33	56%	0.88	$156.33	$203.67
152/155	195/198	Sep 4	$1.25	$1.25	52%	1.00	$153.75	$196.25
152/155	202/205	Sep 11	$1.17	$1.33	55%	0.88	$153.83	$203.67
158/160	198/200	Sep 11	$1.42	$1.08	45%	1.31	$158.58	$198.92

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 96 found (best R:R 70.43, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$150.00	$155.00	$160.00	Oct 16	$0.07	$4.93	9%	70.43
$170.00	$175.00	$180.00	Oct 16	$0.19	$4.81	10%	25.32
$167.50	$170.00	$172.50	Sep 11	$0.06	$2.44	6%	40.67
$165.00	$167.50	$170.00	Sep 18	$0.09	$2.41	6%	26.78
$160.00	$165.00	$170.00	Oct 16	$0.28	$4.72	10%	16.86

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$195.00	$200.00	$205.00	Sep 11	$0.12	$4.88	9%	40.67
$165.00	$170.00	$175.00	Oct 16	$0.20	$4.80	10%	24.00
$170.00	$172.50	$175.00	Sep 4	$0.06	$2.44	7%	40.67
$180.00	$182.50	$185.00	Sep 18	$0.05	$2.45	6%	49.00
$167.50	$170.00	$172.50	Sep 4	$0.07	$2.43	7%	34.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 31 found (best net $-1.77, 30 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$190.00	$200.00	1:2	Oct 2	-$4.78	$5.22
$200.00	$210.00	1:2	Oct 16	-$4.38	$5.62
$210.00	$212.50	1:2	Sep 4	-$1.88	$0.62
$205.00	$207.50	1:2	Sep 4	-$2.21	$0.29
$207.50	$210.00	1:2	Sep 4	-$2.22	$0.28

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$197.50	$177.50	1:2	Oct 9	-$1.77	$18.23
$150.00	$145.00	1:2	Sep 25	-$1.04	$3.96
$150.00	$145.00	1:2	Sep 18	-$1.13	$3.87
$144.00	$143.00	1:2	Sep 4	-$0.61	$0.39
$147.00	$146.00	1:2	Sep 4	-$0.66	$0.34

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 64 found (best yield 6.15%, avg 3.90%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$190.00	Oct 16	$10.95	0.44	6.7%	6.15%	12.85%	1	44
$195.00	Oct 16	$9.35	0.40	9.5%	5.25%	14.76%	--	32
$185.00	Oct 16	$12.55	0.48	3.9%	7.05%	10.94%	--	39
$180.00	Oct 16	$14.85	0.53	1.1%	8.34%	9.42%	2	58
$200.00	Oct 16	$7.95	0.35	12.3%	4.46%	16.78%	1	139
$195.00	Oct 9	$8.15	0.39	9.5%	4.58%	14.08%	--	13
$210.00	Oct 16	$5.70	0.28	17.9%	3.20%	21.13%	--	43
$192.50	Oct 9	$8.70	0.41	8.1%	4.89%	12.99%	--	10
$190.00	Oct 2	$9.05	0.43	6.7%	5.08%	11.78%	--	39
$180.00	Oct 2	$13.05	0.53	1.1%	7.33%	8.41%	--	13

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 1,478

Total Puts 389

Put/Call Ratio 0.26

Net Difference 1,089

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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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

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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