ZS - Options Database

ZSCALER INC

$175.51 +1.61%

(9/3 09:50) ◀

Thursday, September 3, 2026 (9:55am)

▶ (9/3 10:00)

◀ 9/3 09:55 ▶

Option Volume

Detail

ℹ

Current (09/03 9:55am) 8,303

Calls: 6,890 (83%)

Puts: 1,413 (17%)

Prior (02/24) 19,538

Calls: 6,290 (32%)

Puts: 13,248 (68%)

Current vs Prior -57.50%

Calls: +9.54% (Calls)

Puts: -89.33% (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 -65.88%

Calls: -49.11%

Puts: -86.91%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/03 9:55am) $4.74M

Calls: $3.58M (76%)

Puts: $1.16M (24%)

Prior (02/24) $125.20M

Calls: $5.26M (4%)

Puts: $119.94M (96%)

Current vs Prior -96.22%

Calls: -31.92%

Puts: -99.04%

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 -89.36%

Calls: -73.79%

Puts: -96.26%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/03 9:55am) 0.21

Prior (02/24) 2.11

Current vs Prior -90.26%

Prior 7-Day Average 0.95

Current vs Prior 7-Day Avg -78.44%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/03 9:55am) 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 13.69% | 14.99%15.97% | 19.64%

Prior 13.37% | 14.45%15.43% | 19.88%

Current vs Prior +2.40% | +3.71%+3.52% | -1.22%

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

Current vs 7-Day Avg +44.19% | +5.24%-0.99% | -5.24%

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

Current vs 7-Day Eod +2.40% | +3.71%+0.57% | -0.22%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 9.35% | 8.36%

Calls: 7.96% | 8.03%

Puts: 10.74% | 8.69%

Prior 7.12% | 5.18%

Calls: 6.28% | 4.13%

Puts: 7.96% | 6.23%

Current vs Prior +31.32% | +61.39%

Prior 7-Day Avg 21.37% | 8.04%

Calls: 20.65% | 6.67%

Puts: 22.10% | 9.42%

Current vs 7-Day Avg -56.25% | +3.94%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($3.58M) vs puts ($1.16M). Light premium activity with dollar volume down 96% vs prior. Below-average activity with volume down 58% vs prior. Extreme bullish P/C ratio of 0.21 - heavy call buying (6,890 calls vs 1,413 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
09:55	BULLISH	BULLISH	BULLISH
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

🎯

Tightest Spreads

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Best Value <$1

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High Delta

⚖️

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 53 of results (avg 8.1%, best 4.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$177.50	Sep 4	10.70	11.25	$10.98	5.0%	10	0.51	105
$200.00	Sep 4	3.70	3.90	$3.80	5.3%	1.8K	0.24	1.7K
$200.00	Sep 18	5.10	5.45	$5.28	6.6%	66	0.28	2.3K
$172.50	Sep 11	13.75	14.75	$14.25	7.0%	136	0.58	98
$150.00	Sep 4	27.20	29.20	$28.20	7.1%	--	0.87	41

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$182.50	Sep 11	15.85	16.65	$16.25	4.9%	--	0.54	23
$177.50	Sep 18	13.75	14.45	$14.10	5.0%	22	0.48	24
$187.50	Sep 11	19.10	20.20	$19.65	5.6%	--	0.60	70
$185.00	Sep 11	17.45	18.50	$17.98	5.8%	--	0.57	67
$185.00	Sep 18	17.85	18.95	$18.40	6.0%	--	0.56	481

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. 99 found (avg delta 0.69, highest 0.95)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$141.00	Sep 4	34.20	37.95	$36.08	10.4%	--	0.95	15
$143.00	Sep 4	32.80	35.95	$34.38	9.2%	--	0.94	19
$142.00	Sep 4	33.55	36.85	$35.20	9.4%	--	0.94	18
$144.00	Sep 4	31.65	35.10	$33.38	10.3%	--	0.93	15
$141.00	Sep 11	34.80	38.35	$36.58	9.7%	--	0.92	119

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Sep 4	34.25	37.15	$35.70	8.1%	--	0.83	11
$210.00	Sep 18	35.40	38.10	$36.75	7.3%	--	0.80	183
$205.00	Sep 11	31.30	33.40	$32.35	6.5%	--	0.77	26
$205.00	Sep 18	31.15	33.90	$32.53	8.5%	--	0.76	17
$200.00	Sep 4	25.95	28.65	$27.30	9.9%	--	0.76	32

Most actively traded options today. High liquidity = easy entry/exit. 130 active (total vol 5.5K, top 1.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 4	3.70	3.90	$3.80	5.3%	1.8K	0.24	1.7K
$210.00	Sep 4	2.02	2.60	$2.31	25.1%	1.0K	0.17	591
$175.00	Sep 11	12.55	13.60	$13.08	8.0%	221	0.55	244
$175.00	Sep 4	11.45	12.40	$11.93	8.0%	163	0.55	674
$172.50	Sep 11	13.75	14.75	$14.25	7.0%	136	0.58	98

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 11	11.50	12.30	$11.90	6.7%	344	0.45	392
$177.50	Oct 2	13.40	16.20	$14.80	18.9%	80	0.47	29
$177.50	Oct 9	13.90	17.70	$15.80	24.1%	80	0.47	3
$150.00	Sep 4	1.67	2.00	$1.84	17.9%	50	0.13	827
$145.00	Sep 4	0.90	1.30	$1.10	36.4%	47	0.09	667

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 262.4%, max 333.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Sep 4	Oct 16	276.9%	63.9%	333.7%	168	697
$165.00	Sep 4	Oct 16	274.3%	63.9%	329.6%	46	140
$170.00	Sep 4	Oct 16	273.6%	63.7%	329.2%	12	226
$160.00	Sep 4	Oct 16	272.7%	64.1%	325.3%	2	77
$195.00	Sep 4	Oct 16	289.0%	69.7%	314.7%	11	340

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Sep 4	Oct 16	276.9%	63.9%	333.7%	44	339
$165.00	Sep 4	Oct 16	274.3%	63.9%	329.6%	9	716
$170.00	Sep 4	Oct 16	273.6%	63.7%	329.2%	18	451
$160.00	Sep 4	Oct 16	272.7%	64.1%	325.3%	24	777
$197.50	Sep 4	Oct 9	297.2%	71.9%	313.4%	--	50

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 177 found (best R:R 4.95, avg 2.24)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$190.00	$200.00	Oct 2	$1.68	$8.32	$1.68	40%	4.95	$191.68
$200.00	$210.00	Oct 16	$1.69	$8.31	$1.69	34%	4.92	$201.69
$180.00	$185.00	Oct 16	$1.55	$3.45	$1.55	52%	2.23	$181.55
$155.00	$157.50	Sep 11	$1.08	$1.42	$1.08	80%	1.31	$156.08
$180.00	$182.50	Sep 4	$0.27	$2.23	$0.27	48%	8.26	$180.27

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$192.50	$190.00	Sep 11	$0.97	$1.53	$0.97	66%	1.58	$191.53
$182.50	$180.00	Sep 4	$0.77	$1.73	$0.77	55%	2.25	$181.73
$172.50	$170.00	Oct 2	$0.65	$1.85	$0.65	41%	2.85	$171.85
$167.50	$165.00	Sep 18	$0.50	$2.00	$0.50	35%	4.00	$167.00
$180.00	$177.50	Sep 18	$0.93	$1.57	$0.93	51%	1.69	$179.07

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 125 found (best R:R 0.71, avg 0.56)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$197.50	$200.00	Sep 4	$1.17	$1.17	$1.33	72%	0.88	$198.67
$197.50	$200.00	Sep 18	$1.25	$1.25	$1.25	68%	1.00	$198.75
$197.50	$200.00	Sep 11	$1.15	$1.15	$1.35	70%	0.85	$198.65
$187.50	$190.00	Sep 25	$1.48	$1.48	$1.02	56%	1.45	$188.98
$202.50	$205.00	Sep 11	$0.95	$0.95	$1.55	74%	0.61	$203.45

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$155.00	Oct 9	$6.24	$6.24	$8.76	61%	0.71	$163.76
$170.00	$165.00	Oct 2	$2.55	$2.55	$2.45	61%	1.04	$167.45
$152.50	$150.00	Sep 11	$1.15	$1.15	$1.35	81%	0.85	$151.35
$172.50	$170.00	Sep 18	$1.72	$1.72	$0.78	58%	2.21	$170.78
$165.00	$162.50	Sep 18	$1.40	$1.40	$1.10	67%	1.27	$163.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 26 found (avg debit $1.14, cheapest $0.79)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$182.50	Sep 4	Sep 11	$0.79	291.7%	121.6%
$195.00	Sep 4	Sep 11	$0.85	289.0%	122.0%
$190.00	Sep 4	Sep 11	$0.88	283.1%	119.9%
$177.50	Sep 4	Sep 11	$1.07	282.7%	120.6%
$187.50	Sep 4	Sep 11	$1.12	283.9%	122.2%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$182.50	Sep 4	Sep 11	$1.75	291.7%	121.6%
$195.00	Sep 4	Sep 11	$0.77	289.0%	122.0%
$190.00	Sep 4	Sep 11	$1.48	283.1%	119.9%
$177.50	Sep 4	Sep 11	$1.13	282.7%	120.6%
$187.50	Sep 4	Sep 11	$1.70	283.9%	122.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 58 found (cheapest 12.85% of stock, avg 15.59%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$172.50	Sep 4	$13.08	$9.48	$22.56	$149.94	$195.06	12.85%
$175.00	Sep 4	$11.93	$10.95	$22.88	$152.12	$197.88	13.04%
$177.50	Sep 4	$10.98	$12.10	$23.08	$154.42	$200.58	13.15%
$170.00	Sep 4	$14.80	$8.38	$23.18	$146.82	$193.18	13.21%
$180.00	Sep 4	$9.55	$13.73	$23.28	$156.72	$203.28	13.26%
$182.50	Sep 4	$9.28	$14.50	$23.78	$158.72	$206.28	13.55%
$167.50	Sep 4	$16.45	$7.38	$23.83	$143.67	$191.33	13.58%
$165.00	Sep 4	$17.67	$6.35	$24.02	$140.98	$189.02	13.69%
$185.00	Sep 4	$7.98	$16.10	$24.08	$160.92	$209.08	13.72%
$162.50	Sep 4	$19.48	$5.45	$24.93	$137.57	$187.43	14.20%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 162 found (cheapest 7.85% of stock, avg 11.87%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$190.00	$167.50	Sep 4	$6.40	$7.38	$13.78	$153.72	$203.78
$210.00	$160.00	Oct 16	$6.58	$7.85	$14.43	$145.57	$224.43
$200.00	$155.00	Oct 9	$7.80	$5.78	$13.58	$141.42	$213.58
$187.50	$167.50	Sep 4	$7.23	$7.38	$14.61	$152.89	$202.11
$190.00	$170.00	Sep 4	$6.40	$8.38	$14.78	$155.22	$204.78
$187.50	$170.00	Sep 4	$7.23	$8.38	$15.61	$154.39	$203.11
$190.00	$167.50	Sep 11	$7.28	$8.40	$15.68	$151.82	$205.68
$185.00	$167.50	Sep 4	$7.98	$7.38	$15.36	$152.14	$200.36
$185.00	$170.00	Sep 4	$7.98	$8.38	$16.36	$153.64	$201.36
$190.00	$167.50	Sep 18	$8.25	$8.15	$16.40	$151.10	$206.40

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 122 found (best R:R 11.50, avg credit $1.48)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
150/152	198/200	Sep 11	$2.30	$0.20	51%	11.50	$150.20	$199.80
150/152	202/205	Sep 11	$2.10	$0.40	55%	5.25	$150.40	$204.60
158/160	198/200	Sep 18	$2.38	$0.12	41%	19.83	$157.62	$199.88
155/158	198/200	Sep 11	$2.10	$0.40	46%	5.25	$155.40	$199.60
155/158	198/200	Sep 4	$2.00	$0.50	50%	4.00	$155.50	$199.50
152/155	198/200	Sep 18	$2.00	$0.50	47%	4.00	$153.00	$199.50
146/147	198/200	Sep 4	$1.64	$0.86	61%	1.91	$145.36	$199.14
150/152	198/200	Sep 4	$1.77	$0.73	56%	2.42	$150.73	$199.27
155/158	202/205	Sep 11	$1.90	$0.60	50%	3.17	$155.60	$204.40
158/160	198/200	Sep 4	$1.92	$0.58	47%	3.31	$158.08	$199.42

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 96 found (best R:R 49.00, cheapest $0.06)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$150.00	$155.00	$160.00	Sep 18	$0.10	$4.90	10%	49.00
$200.00	$205.00	$210.00	Oct 2	$0.17	$4.83	9%	28.41
$175.00	$177.50	$180.00	Oct 2	$0.08	$2.42	5%	30.25
$165.00	$167.50	$170.00	Sep 18	$0.09	$2.41	6%	26.78
$162.50	$165.00	$167.50	Sep 11	$0.10	$2.40	6%	24.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$155.00	$160.00	$165.00	Oct 16	$0.10	$4.90	10%	49.00
$145.00	$150.00	$155.00	Sep 25	$0.10	$4.90	9%	49.00
$180.00	$185.00	$190.00	Oct 16	$0.12	$4.88	9%	40.67
$157.50	$160.00	$162.50	Sep 11	$0.07	$2.43	6%	34.71
$167.50	$170.00	$172.50	Sep 4	$0.10	$2.40	7%	24.00

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 $-2.62, 30 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$207.50	$210.00	1:2	Sep 4	-$1.89	$0.61
$205.00	$210.00	1:2	Sep 18	-$2.81	$2.19
$205.00	$207.50	1:2	Sep 4	-$2.28	$0.22
$200.00	$210.00	1:2	Oct 16	-$4.89	$5.11
$205.00	$210.00	1:2	Sep 25	-$3.27	$1.73

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$197.50	$177.50	1:2	Oct 9	-$2.62	$17.38
$142.00	$141.00	1:2	Sep 4	-$0.37	$0.63
$144.00	$143.00	1:2	Sep 4	-$0.45	$0.55
$147.00	$146.00	1:2	Sep 4	-$0.50	$0.50
$150.00	$145.00	1:2	Sep 18	-$1.21	$3.79

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 67 found (best yield 6.04%, avg 4.12%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$190.00	Oct 16	$10.60	0.43	8.3%	6.04%	14.30%	6	44
$185.00	Oct 16	$12.05	0.48	5.4%	6.87%	12.27%	--	39
$195.00	Oct 16	$8.90	0.39	11.1%	5.07%	16.18%	--	32
$180.00	Oct 16	$13.85	0.52	2.6%	7.89%	10.45%	5	58
$200.00	Oct 16	$7.60	0.34	13.9%	4.33%	18.28%	1	139
$210.00	Oct 16	$5.50	0.28	19.6%	3.13%	22.79%	--	43
$185.00	Oct 2	$10.45	0.46	5.4%	5.95%	11.36%	--	18
$195.00	Oct 9	$7.35	0.38	11.1%	4.19%	15.29%	--	13
$192.50	Oct 9	$7.90	0.40	9.7%	4.50%	14.18%	--	10
$177.50	Oct 2	$13.50	0.54	1.1%	7.69%	8.83%	3	15

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 6,890

Total Puts 1,413

Put/Call Ratio 0.21

Net Difference 5,477

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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