ZS - Options Database

ZSCALER INC

$175.50 +1.60%

(9/3 09:55) ◀

Thursday, September 3, 2026 (10:00am)

▶ (9/3 10:05)

◀ 9/3 10:00 ▶

Option Volume

Detail

ℹ

Current (09/03 10:00am) 9,403

Calls: 7,546 (80%)

Puts: 1,857 (20%)

Prior --

Calls: 6,290 (32%)

Puts: 13,248 (68%)

Current vs Prior +0.00%

Calls: +19.97% (Calls)

Puts: -85.98% (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 -61.36%

Calls: -44.26%

Puts: -82.80%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/03 10:00am) $5.33M

Calls: $4.07M (76%)

Puts: $1.27M (24%)

Prior --

Calls: $5.26M (4%)

Puts: $119.94M (96%)

Current vs Prior +0.00%

Calls: -22.67%

Puts: -98.94%

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 -88.02%

Calls: -70.23%

Puts: -95.90%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/03 10:00am) 0.25

Prior 1.00

Current vs Prior -75.39%

Prior 7-Day Average 0.95

Current vs Prior 7-Day Avg -74.13%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/03 10:00am) 220,305

Calls: 120,774 (55%)

Puts: 99,531 (45%)

Prior --

Calls: -- (--)

Puts: -- (--)

Current vs Prior +0.00%

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 13.87% | 15.22%16.20% | 19.99%

Prior 13.37% | 14.45%15.43% | 19.88%

Current vs Prior +3.77% | +5.30%+5.01% | +0.54%

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

Current vs 7-Day Avg +46.12% | +6.85%+0.43% | -3.56%

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

Current vs 7-Day Eod +3.77% | +5.30%+2.01% | +1.55%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 12.65% | 6.31%

Calls: 9.24% | 4.22%

Puts: 16.06% | 8.41%

Prior 7.12% | 5.18%

Calls: 6.28% | 4.13%

Puts: 7.96% | 6.23%

Current vs Prior +77.67% | +21.81%

Prior 7-Day Avg 21.37% | 8.04%

Calls: 20.65% | 6.67%

Puts: 22.10% | 9.42%

Current vs 7-Day Avg -40.81% | -21.55%

Liquidity Pricy

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Strong bullish conviction with 76% of dollar volume in calls ($4.07M) vs puts ($1.27M). Extreme bullish P/C ratio of 0.25 - heavy call buying (7,546 calls vs 1,857 puts). P/C ratio dropping 75% - 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 BEARISH

7-Day Avg BEARISH

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
10:00	BULLISH	BULLISH	BULLISH
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

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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 57 of results (avg 8.3%, best 4.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 11	12.75	13.30	$13.03	4.2%	275	0.55	244
$175.00	Sep 18	13.45	14.25	$13.85	5.8%	103	0.55	743
$145.00	Sep 4	30.60	32.60	$31.60	6.3%	1	0.91	31
$172.50	Sep 11	13.65	14.60	$14.13	6.7%	137	0.58	98
$142.00	Sep 11	33.75	36.15	$34.95	6.9%	--	0.91	142

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 11	11.85	12.50	$12.18	5.3%	344	0.46	392
$175.00	Sep 4	11.00	11.65	$11.33	5.7%	50	0.46	175
$170.00	Sep 4	8.40	8.90	$8.65	5.8%	25	0.39	347
$205.00	Sep 18	32.75	34.90	$33.83	6.4%	--	0.76	17
$210.00	Sep 4	35.40	38.00	$36.70	7.1%	--	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. 100 found (avg delta 0.69, highest 0.94)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$142.00	Sep 4	32.75	35.65	$34.20	8.5%	--	0.94	18
$141.00	Sep 4	33.65	36.65	$35.15	8.5%	--	0.94	15
$143.00	Sep 4	31.85	34.85	$33.35	9.0%	--	0.93	19
$141.00	Sep 11	34.35	36.95	$35.65	7.3%	--	0.92	119
$144.00	Sep 4	31.05	33.90	$32.48	8.8%	--	0.92	15

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Sep 4	35.40	38.00	$36.70	7.1%	--	0.83	11
$210.00	Sep 18	36.35	39.10	$37.73	7.3%	--	0.80	183
$205.00	Sep 11	31.60	34.35	$32.98	8.3%	--	0.77	26
$205.00	Sep 18	32.75	34.90	$33.83	6.4%	--	0.76	17
$200.00	Sep 4	27.25	29.75	$28.50	8.8%	--	0.75	32

Most actively traded options today. High liquidity = easy entry/exit. 140 active (total vol 6.0K, top 1.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 4	3.75	4.20	$3.98	11.3%	1.8K	0.25	1.7K
$210.00	Sep 4	2.05	2.50	$2.28	19.7%	1.0K	0.16	591
$175.00	Sep 11	12.75	13.30	$13.03	4.2%	275	0.55	244
$175.00	Sep 4	11.35	12.45	$11.90	9.2%	166	0.54	674
$172.50	Sep 11	13.65	14.60	$14.13	6.7%	137	0.58	98

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 11	11.85	12.50	$12.18	5.3%	344	0.46	392
$150.00	Sep 4	1.72	2.18	$1.95	23.6%	94	0.13	827
$177.50	Oct 2	14.00	16.80	$15.40	18.2%	80	0.47	29
$177.50	Oct 9	14.55	17.90	$16.23	20.6%	80	0.47	3
$145.00	Sep 4	0.96	1.30	$1.13	30.1%	57	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 264.4%, max 334.6%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Sep 4	Oct 16	282.8%	65.1%	334.6%	171	697
$185.00	Sep 4	Oct 16	288.5%	67.6%	327.0%	50	513
$170.00	Sep 4	Oct 16	277.2%	64.9%	326.9%	17	226
$155.00	Sep 4	Oct 16	271.0%	63.6%	326.3%	43	118
$165.00	Sep 4	Oct 16	270.8%	63.7%	325.1%	46	140

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Sep 4	Oct 16	282.8%	65.1%	334.6%	50	339
$185.00	Sep 4	Oct 16	288.5%	67.6%	327.0%	1	280
$170.00	Sep 4	Oct 16	277.2%	64.9%	326.9%	27	451
$155.00	Sep 4	Oct 16	271.0%	63.6%	326.3%	42	450
$165.00	Sep 4	Oct 16	270.8%	63.7%	325.1%	18	716

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 180 found (best R:R 4.05, avg 2.34)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$190.00	$200.00	Oct 2	$1.98	$8.02	$1.98	40%	4.05	$191.98
$200.00	$210.00	Oct 16	$1.52	$8.48	$1.52	34%	5.58	$201.52
$190.00	$192.50	Sep 25	$0.13	$2.37	$0.13	39%	18.23	$190.13
$185.00	$190.00	Oct 16	$1.40	$3.60	$1.40	46%	2.57	$186.40
$180.00	$182.50	Sep 18	$0.43	$2.07	$0.43	49%	4.81	$180.43

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$175.00	$172.50	Sep 18	$0.68	$1.82	$0.68	45%	2.68	$174.32
$180.00	$177.50	Sep 18	$0.85	$1.65	$0.85	51%	1.94	$179.15
$167.50	$165.00	Sep 18	$0.53	$1.97	$0.53	36%	3.72	$166.97
$157.50	$155.00	Sep 18	$0.33	$2.17	$0.33	24%	6.58	$157.17
$172.50	$170.00	Oct 2	$0.83	$1.67	$0.83	42%	2.01	$171.67

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 126 found (best R:R 0.81, avg 0.57)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$197.50	$200.00	Sep 4	$0.97	$0.97	$1.53	72%	0.63	$198.47
$197.50	$200.00	Sep 18	$1.06	$1.06	$1.44	68%	0.74	$198.56
$187.50	$190.00	Sep 25	$1.27	$1.27	$1.23	58%	1.03	$188.77
$202.50	$205.00	Sep 11	$0.82	$0.82	$1.68	74%	0.49	$203.32
$202.50	$205.00	Sep 4	$0.70	$0.70	$1.80	77%	0.39	$203.20

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$155.00	Oct 9	$6.70	$6.70	$8.30	60%	0.81	$163.30
$172.50	$170.00	Sep 18	$2.07	$2.07	$0.43	58%	4.81	$170.43
$165.00	$162.50	Sep 18	$1.52	$1.52	$0.98	67%	1.55	$163.48
$170.00	$165.00	Oct 2	$2.55	$2.55	$2.45	60%	1.04	$167.45
$170.00	$165.00	Oct 16	$2.55	$2.55	$2.45	60%	1.04	$167.45

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 24 found (avg debit $1.06, cheapest $0.88)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$182.50	Sep 4	Sep 11	$0.88	287.8%	120.1%
$185.00	Sep 4	Sep 11	$0.92	288.5%	121.0%
$190.00	Sep 4	Sep 11	$0.80	287.0%	119.7%
$192.50	Sep 4	Sep 11	$0.95	287.5%	121.7%
$180.00	Sep 4	Sep 11	$0.90	284.6%	119.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$182.50	Sep 4	Sep 11	$1.35	287.8%	120.1%
$185.00	Sep 4	Sep 11	$1.28	288.5%	121.0%
$190.00	Sep 4	Sep 11	$0.97	287.0%	119.7%
$192.50	Sep 4	Sep 11	$0.71	287.5%	121.7%
$180.00	Sep 4	Sep 11	$1.04	284.6%	119.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 58 found (cheapest 13.05% of stock, avg 15.68%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$170.00	Sep 4	$14.25	$8.65	$22.90	$147.10	$192.90	13.05%
$172.50	Sep 4	$12.88	$10.18	$23.06	$149.44	$195.56	13.14%
$175.00	Sep 4	$11.90	$11.33	$23.23	$151.77	$198.23	13.24%
$177.50	Sep 4	$10.78	$12.45	$23.23	$154.27	$200.73	13.24%
$167.50	Sep 4	$15.78	$7.55	$23.33	$144.17	$190.83	13.29%
$165.00	Sep 4	$17.23	$6.33	$23.56	$141.44	$188.56	13.42%
$180.00	Sep 4	$9.75	$14.23	$23.98	$156.02	$203.98	13.66%
$162.50	Sep 4	$18.52	$5.63	$24.15	$138.35	$186.65	13.76%
$182.50	Sep 4	$8.90	$15.50	$24.40	$158.10	$206.90	13.90%
$160.00	Sep 4	$20.20	$4.50	$24.70	$135.30	$184.70	14.07%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 162 found (cheapest 7.94% of stock, avg 11.84%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$190.00	$167.50	Sep 4	$6.38	$7.55	$13.93	$153.57	$203.93
$200.00	$155.00	Oct 9	$7.55	$5.90	$13.45	$141.55	$213.45
$210.00	$160.00	Oct 16	$6.48	$8.05	$14.53	$145.47	$224.53
$187.50	$167.50	Sep 4	$6.98	$7.55	$14.53	$152.97	$202.03
$210.00	$165.00	Oct 2	$4.72	$9.10	$13.82	$151.18	$223.82
$190.00	$170.00	Sep 4	$6.38	$8.65	$15.03	$154.97	$205.03
$187.50	$170.00	Sep 4	$6.98	$8.65	$15.63	$154.37	$203.13
$190.00	$167.50	Sep 11	$7.18	$8.68	$15.86	$151.64	$205.86
$205.00	$165.00	Oct 2	$5.98	$9.10	$15.08	$149.92	$220.08
$185.00	$167.50	Sep 4	$8.03	$7.55	$15.58	$151.92	$200.58

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 136 found (best R:R 7.62, avg credit $1.38)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
158/160	198/200	Sep 18	$2.21	$0.29	41%	7.62	$157.79	$199.71
160/162	198/200	Sep 4	$2.10	$0.40	43%	5.25	$160.40	$199.60
152/155	198/200	Sep 4	$1.75	$0.75	52%	2.33	$153.25	$199.25
152/155	198/200	Sep 18	$1.90	$0.60	46%	3.17	$153.10	$199.40
146/147	198/200	Sep 4	$1.45	$1.05	61%	1.38	$145.55	$198.95
150/152	198/200	Sep 11	$1.65	$0.85	51%	1.94	$150.85	$199.15
162/165	195/198	Sep 18	$2.09	$0.41	33%	5.10	$162.91	$197.09
150/152	198/200	Sep 4	$1.49	$1.01	56%	1.48	$151.01	$198.99
143/144	198/200	Sep 4	$1.25	$1.25	64%	1.00	$142.75	$198.75
150/152	192/195	Sep 11	$1.65	$0.85	47%	1.94	$150.85	$194.15

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 98 found (best R:R 82.33, cheapest $0.06)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$200.00	$205.00	$210.00	Sep 18	$0.06	$4.94	8%	82.33
$150.00	$155.00	$160.00	Sep 18	$0.15	$4.85	10%	32.33
$150.00	$155.00	$160.00	Oct 16	$0.12	$4.88	9%	40.67
$160.00	$165.00	$170.00	Oct 16	$0.21	$4.79	10%	22.81
$190.00	$192.50	$195.00	Sep 4	$0.06	$2.44	5%	40.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$155.00	$160.00	$165.00	Oct 16	$0.15	$4.85	10%	32.33
$145.00	$150.00	$155.00	Sep 25	$0.15	$4.85	9%	32.33
$175.00	$180.00	$185.00	Oct 16	$0.18	$4.82	10%	26.78
$157.50	$160.00	$162.50	Sep 11	$0.06	$2.44	6%	40.67
$160.00	$162.50	$165.00	Sep 11	$0.07	$2.43	6%	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. 30 found (best net $-2.88, 29 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$207.50	$210.00	1:2	Sep 4	-$1.92	$0.58
$205.00	$210.00	1:2	Sep 18	-$2.62	$2.38
$190.00	$200.00	1:2	Oct 2	-$5.27	$4.73
$205.00	$207.50	1:2	Sep 4	-$2.20	$0.30
$202.50	$205.00	1:2	Sep 4	-$2.38	$0.12

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$197.50	$177.50	1:2	Oct 9	-$2.88	$17.12
$143.00	$142.00	1:2	Sep 4	-$0.48	$0.52
$144.00	$143.00	1:2	Sep 4	-$0.50	$0.50
$150.00	$145.00	1:2	Sep 18	-$1.16	$3.84
$147.00	$146.00	1:2	Sep 4	-$0.58	$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 67 found (best yield 6.75%, avg 4.00%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$185.00	Oct 16	$11.85	0.46	5.4%	6.75%	12.17%	2	39
$190.00	Oct 16	$9.90	0.42	8.3%	5.64%	13.90%	6	44
$180.00	Oct 16	$13.65	0.51	2.6%	7.78%	10.34%	5	58
$195.00	Oct 16	$8.50	0.38	11.1%	4.84%	15.95%	--	32
$200.00	Oct 16	$7.25	0.34	14.0%	4.13%	18.09%	1	139
$210.00	Oct 16	$5.30	0.28	19.7%	3.02%	22.68%	--	43
$195.00	Oct 9	$7.35	0.37	11.1%	4.19%	15.30%	--	13
$192.50	Oct 9	$7.90	0.39	9.7%	4.50%	14.19%	--	10
$185.00	Oct 2	$10.05	0.45	5.4%	5.73%	11.14%	--	18
$190.00	Oct 2	$8.50	0.40	8.3%	4.84%	13.11%	--	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 7,546

Total Puts 1,857

Put/Call Ratio 0.25

Net Difference 5,689

Prior's Put/Call Breakdown

Total Calls 6,290

Total Puts 13,248

Put/Call Ratio 1.00

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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