ZS - Options Database

ZSCALER INC

$176.73 +2.32%

(9/3 09:45) ◀

Thursday, September 3, 2026 (9:50am)

▶ (9/3 09:55)

◀ 9/3 09:50 ▶

Option Volume

Detail

ℹ

Current (09/03 9:50am) 7,575

Calls: 6,391 (84%)

Puts: 1,184 (16%)

Prior (02/24) 19,538

Calls: 6,290 (32%)

Puts: 13,248 (68%)

Current vs Prior -61.23%

Calls: +1.61% (Calls)

Puts: -91.06% (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 -68.87%

Calls: -52.80%

Puts: -89.03%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/03 9:50am) $4.17M

Calls: $3.19M (76%)

Puts: $981.3K (24%)

Prior (02/24) $125.20M

Calls: $5.26M (4%)

Puts: $119.94M (96%)

Current vs Prior -96.67%

Calls: -39.42%

Puts: -99.18%

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 -90.64%

Calls: -76.68%

Puts: -96.82%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/03 9:50am) 0.19

Prior (02/24) 2.11

Current vs Prior -91.20%

Prior 7-Day Average 0.95

Current vs Prior 7-Day Avg -80.52%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/03 9:50am) 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 13.76% | 14.93%15.58% | 19.49%

Prior 13.37% | 14.45%15.43% | 19.88%

Current vs Prior +2.88% | +3.27%+0.98% | -1.96%

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

Current vs 7-Day Avg +44.87% | +4.79%-3.43% | -5.95%

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

Current vs 7-Day Eod +2.88% | +3.27%-1.91% | -0.97%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 8.22% | 7.04%

Calls: 8.48% | 6.26%

Puts: 7.96% | 7.81%

Prior 7.12% | 5.18%

Calls: 6.28% | 4.13%

Puts: 7.96% | 6.23%

Current vs Prior +15.45% | +35.91%

Prior 7-Day Avg 21.37% | 8.04%

Calls: 20.65% | 6.67%

Puts: 22.10% | 9.42%

Current vs 7-Day Avg -61.54% | -12.47%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($3.19M) vs puts ($981.3K). Light premium activity with dollar volume down 97% vs prior. Below-average activity with volume down 61% vs prior. Extreme bullish P/C ratio of 0.19 - heavy call buying (6,391 calls vs 1,184 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
09:50	BULLISH	BULLISH	BULLISH
09:45	BULLISH	BULLISH	BULLISH
09:40	BULLISH	BULLISH	BULLISH
09:35	BULLISH	BULLISH	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

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Tightest Spreads

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Best Value <$1

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High Delta

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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 67 of results (avg 8.4%, best 5.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 11	13.15	14.00	$13.58	6.3%	145	0.56	244
$165.00	Sep 4	17.50	18.75	$18.13	6.9%	36	0.70	126
$180.00	Sep 4	9.80	10.50	$10.15	6.9%	46	0.49	541
$150.00	Sep 18	29.25	31.55	$30.40	7.6%	4	0.84	846
$157.50	Sep 4	22.10	23.85	$22.98	7.6%	6	0.80	26

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 4	10.15	10.70	$10.43	5.3%	40	0.44	175
$200.00	Sep 18	27.75	29.55	$28.65	6.3%	--	0.71	850
$200.00	Sep 11	27.10	28.90	$28.00	6.4%	--	0.72	31
$175.00	Sep 11	11.00	11.80	$11.40	7.0%	341	0.44	392
$187.50	Sep 11	18.45	19.80	$19.13	7.1%	--	0.59	70

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. 97 found (avg delta 0.69, highest 0.95)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$142.00	Sep 4	34.50	37.25	$35.88	7.7%	--	0.95	18
$143.00	Sep 4	33.60	36.35	$34.98	7.9%	--	0.94	19
$144.00	Sep 4	32.25	35.45	$33.85	9.5%	--	0.94	15
$145.00	Sep 4	31.35	34.65	$33.00	10.0%	1	0.92	31
$146.00	Sep 4	30.95	33.75	$32.35	8.7%	--	0.92	62

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Sep 4	33.70	36.60	$35.15	8.3%	--	0.83	11
$210.00	Sep 18	34.95	37.65	$36.30	7.4%	--	0.79	183
$205.00	Sep 11	30.20	33.05	$31.63	9.0%	--	0.76	26
$205.00	Sep 18	30.80	33.50	$32.15	8.4%	--	0.75	17
$200.00	Sep 4	25.95	28.00	$26.98	7.6%	--	0.74	32

Most actively traded options today. High liquidity = easy entry/exit. 124 active (total vol 4.9K, top 1.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 4	4.00	4.45	$4.22	10.7%	1.8K	0.26	1.7K
$210.00	Sep 4	2.19	2.73	$2.46	22.0%	998	0.17	591
$175.00	Sep 4	11.85	12.90	$12.38	8.5%	163	0.56	674
$175.00	Sep 11	13.15	14.00	$13.58	6.3%	145	0.56	244
$165.00	Sep 18	18.65	20.45	$19.55	9.2%	96	0.68	400

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 11	11.00	11.80	$11.40	7.0%	341	0.44	392
$177.50	Oct 2	13.40	15.55	$14.48	14.8%	80	0.46	29
$177.50	Oct 9	13.90	16.45	$15.18	16.8%	80	0.46	3
$150.00	Sep 4	1.70	2.10	$1.90	21.1%	49	0.12	827
$175.00	Sep 4	10.15	10.70	$10.43	5.3%	40	0.44	175

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 44 strikes (avg 265.6%, max 332.6%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Sep 4	Oct 16	275.6%	63.7%	332.6%	167	697
$170.00	Sep 4	Oct 16	274.8%	64.3%	327.4%	11	226
$160.00	Sep 4	Oct 16	272.4%	64.0%	325.8%	1	77
$165.00	Sep 4	Oct 16	271.7%	64.3%	322.5%	37	140
$200.00	Sep 4	Oct 16	284.2%	68.3%	316.2%	1.8K	1.8K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Sep 4	Oct 16	275.6%	63.7%	332.6%	40	339
$170.00	Sep 4	Oct 16	274.8%	64.3%	327.4%	17	451
$160.00	Sep 4	Oct 16	272.4%	64.0%	325.8%	20	777
$165.00	Sep 4	Oct 16	271.7%	64.3%	322.5%	9	716
$177.50	Sep 4	Oct 9	280.9%	67.7%	314.7%	86	228

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 185 found (best R:R 3.76, avg 2.09)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$190.00	$200.00	Oct 2	$2.10	$7.90	$2.10	41%	3.76	$192.10
$200.00	$210.00	Oct 16	$1.95	$8.05	$1.95	35%	4.13	$201.95
$175.00	$180.00	Oct 16	$1.85	$3.15	$1.85	57%	1.70	$176.85
$190.00	$192.50	Sep 25	$0.15	$2.35	$0.15	40%	15.67	$190.15
$177.50	$180.00	Oct 2	$0.60	$1.90	$0.60	54%	3.17	$178.10

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$192.50	$190.00	Sep 11	$1.16	$1.34	$1.16	65%	1.16	$191.34
$182.50	$180.00	Sep 4	$0.90	$1.60	$0.90	54%	1.78	$181.60
$182.50	$180.00	Sep 18	$0.90	$1.60	$0.90	53%	1.78	$181.60
$172.50	$170.00	Oct 2	$0.62	$1.88	$0.62	41%	3.03	$171.88
$167.50	$165.00	Sep 18	$0.60	$1.90	$0.60	35%	3.17	$166.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 125 found (best R:R 0.69, avg 0.53)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$187.50	$190.00	Sep 25	$1.47	$1.47	$1.03	56%	1.43	$188.97
$197.50	$200.00	Sep 18	$1.05	$1.05	$1.45	68%	0.72	$198.55
$180.00	$185.00	Oct 2	$2.75	$2.75	$2.25	48%	1.22	$182.75
$197.50	$200.00	Sep 11	$0.97	$0.97	$1.53	69%	0.63	$198.47
$197.50	$200.00	Sep 4	$0.86	$0.86	$1.64	71%	0.52	$198.36

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$155.00	Oct 9	$6.15	$6.15	$8.85	62%	0.69	$163.85
$170.00	$165.00	Oct 2	$2.75	$2.75	$2.25	62%	1.22	$167.25
$175.00	$172.50	Sep 18	$1.78	$1.78	$0.72	56%	2.47	$173.22
$165.00	$162.50	Sep 18	$1.30	$1.30	$1.20	68%	1.08	$163.70
$152.50	$150.00	Sep 11	$0.90	$0.90	$1.60	82%	0.56	$151.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 26 found (avg debit $1.05, cheapest $0.70)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 4	Sep 11	$0.70	283.5%	118.3%
$182.50	Sep 4	Sep 11	$0.95	284.2%	120.1%
$185.00	Sep 4	Sep 11	$0.85	282.4%	118.5%
$192.50	Sep 4	Sep 11	$0.93	283.1%	119.6%
$190.00	Sep 4	Sep 11	$0.85	281.0%	118.3%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 4	Sep 11	$0.72	283.5%	118.3%
$182.50	Sep 4	Sep 11	$1.58	284.2%	120.1%
$185.00	Sep 4	Sep 11	$1.60	282.4%	118.5%
$192.50	Sep 4	Sep 11	$0.48	283.1%	119.6%
$190.00	Sep 4	Sep 11	$1.15	281.0%	118.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 58 found (cheapest 12.91% of stock, avg 15.44%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$175.00	Sep 4	$12.38	$10.43	$22.81	$152.19	$197.81	12.91%
$172.50	Sep 4	$13.55	$9.35	$22.90	$149.60	$195.40	12.96%
$170.00	Sep 4	$15.15	$8.03	$23.18	$146.82	$193.18	13.12%
$177.50	Sep 4	$11.45	$11.93	$23.38	$154.12	$200.88	13.23%
$180.00	Sep 4	$10.15	$13.35	$23.50	$156.50	$203.50	13.30%
$167.50	Sep 4	$16.55	$7.08	$23.63	$143.87	$191.13	13.37%
$182.50	Sep 4	$9.45	$14.25	$23.70	$158.80	$206.20	13.41%
$165.00	Sep 4	$18.13	$5.93	$24.06	$140.94	$189.06	13.61%
$185.00	Sep 4	$8.43	$15.83	$24.26	$160.74	$209.26	13.73%
$162.50	Sep 4	$19.58	$4.95	$24.53	$137.97	$187.03	13.88%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 162 found (cheapest 7.80% of stock, avg 11.67%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$190.00	$167.50	Sep 4	$6.70	$7.08	$13.78	$153.72	$203.78
$210.00	$160.00	Oct 16	$6.68	$7.65	$14.33	$145.67	$224.33
$190.00	$170.00	Sep 4	$6.70	$8.03	$14.73	$155.27	$204.73
$200.00	$155.00	Oct 9	$7.88	$5.48	$13.36	$141.64	$213.36
$192.50	$167.50	Sep 11	$6.93	$8.18	$15.11	$152.39	$207.61
$187.50	$167.50	Sep 4	$7.55	$7.08	$14.63	$152.87	$202.13
$187.50	$170.00	Sep 4	$7.55	$8.03	$15.58	$154.42	$203.08
$192.50	$170.00	Sep 11	$6.93	$8.98	$15.91	$154.09	$208.41
$190.00	$167.50	Sep 11	$7.55	$8.18	$15.73	$151.77	$205.73
$190.00	$170.00	Sep 11	$7.55	$8.98	$16.53	$153.47	$206.53

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 122 found (best R:R 15.67, avg credit $1.46)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
162/165	198/200	Sep 18	$2.35	$0.15	36%	15.67	$162.65	$199.85
150/152	198/200	Sep 11	$1.87	$0.63	51%	2.97	$150.63	$199.37
158/160	198/200	Sep 18	$2.02	$0.48	42%	4.21	$157.98	$199.52
155/158	198/200	Sep 11	$1.82	$0.68	46%	2.68	$155.68	$199.32
155/158	198/200	Sep 4	$1.65	$0.85	50%	1.94	$155.85	$199.15
158/160	198/200	Sep 4	$1.73	$0.77	47%	2.25	$158.27	$199.23
162/165	198/200	Sep 11	$1.97	$0.53	37%	3.72	$163.03	$199.47
158/160	198/200	Sep 11	$1.82	$0.68	43%	2.68	$158.18	$199.32
152/155	198/200	Sep 18	$1.70	$0.80	48%	2.13	$153.30	$199.20
162/165	195/198	Sep 18	$1.95	$0.55	34%	3.55	$163.05	$196.95

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 98 found (best R:R 61.50, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$165.00	$170.00	$175.00	Oct 16	$0.08	$4.92	10%	61.50
$150.00	$155.00	$160.00	Sep 18	$0.09	$4.91	10%	54.56
$200.00	$205.00	$210.00	Sep 18	$0.06	$4.94	7%	82.33
$180.00	$185.00	$190.00	Oct 16	$0.17	$4.83	9%	28.41
$150.00	$155.00	$160.00	Oct 16	$0.17	$4.83	9%	28.41

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$165.00	$170.00	$175.00	Oct 16	$0.13	$4.87	10%	37.46
$160.00	$165.00	$170.00	Oct 16	$0.20	$4.80	10%	24.00
$150.00	$155.00	$160.00	Oct 16	$0.18	$4.82	9%	26.78
$155.00	$157.50	$160.00	Sep 25	$0.05	$2.45	5%	49.00
$187.50	$190.00	$192.50	Sep 4	$0.06	$2.44	6%	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. 29 found (best net $-2.08, 28 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$207.50	$210.00	1:2	Sep 4	-$2.01	$0.49
$200.00	$210.00	1:2	Oct 16	-$4.73	$5.27
$190.00	$200.00	1:2	Oct 2	-$5.50	$4.50
$205.00	$210.00	1:2	Sep 18	-$2.96	$2.04
$205.00	$210.00	1:2	Oct 2	-$3.53	$1.47

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$197.50	$177.50	1:2	Oct 9	-$2.08	$17.92
$145.00	$144.00	1:2	Sep 4	-$0.44	$0.56
$143.00	$142.00	1:2	Sep 4	-$0.54	$0.46
$150.00	$145.00	1:2	Sep 18	-$1.15	$3.85
$147.00	$146.00	1:2	Sep 4	-$0.68	$0.32

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 67 found (best yield 6.20%, avg 4.25%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$190.00	Oct 16	$10.95	0.43	7.5%	6.20%	13.70%	1	44
$180.00	Oct 16	$14.85	0.53	1.9%	8.40%	10.25%	2	58
$185.00	Oct 16	$12.50	0.48	4.7%	7.07%	11.75%	--	39
$195.00	Oct 16	$9.35	0.39	10.3%	5.29%	15.63%	--	32
$200.00	Oct 16	$7.95	0.35	13.2%	4.50%	17.67%	1	139
$210.00	Oct 16	$5.70	0.28	18.8%	3.23%	22.05%	--	43
$195.00	Oct 9	$8.05	0.38	10.3%	4.55%	14.89%	--	13
$192.50	Oct 9	$8.60	0.40	8.9%	4.87%	13.79%	--	10
$180.00	Oct 2	$13.05	0.52	1.9%	7.38%	9.23%	--	13
$185.00	Oct 2	$10.80	0.46	4.7%	6.11%	10.79%	--	18

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 6,391

Total Puts 1,184

Put/Call Ratio 0.19

Net Difference 5,207

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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