ZS - Options Database

ZSCALER INC

$175.66 +1.70%

(9/3 10:00) ◀

Thursday, September 3, 2026 (10:05am)

▶ (9/3 10:10)

◀ 9/3 10:05 ▶

Option Volume

Detail

ℹ

Current (09/03 10:05am) 10,117

Calls: 8,068 (80%)

Puts: 2,049 (20%)

Prior (02/24) 19,538

Calls: 6,290 (32%)

Puts: 13,248 (68%)

Current vs Prior -48.22%

Calls: +28.27% (Calls)

Puts: -84.53% (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 -58.43%

Calls: -40.41%

Puts: -81.02%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/03 10:05am) $6.12M

Calls: $4.74M (78%)

Puts: $1.37M (22%)

Prior (02/24) $125.20M

Calls: $5.26M (4%)

Puts: $119.94M (96%)

Current vs Prior -95.12%

Calls: -9.84%

Puts: -98.85%

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 -86.26%

Calls: -65.30%

Puts: -95.55%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/03 10:05am) 0.25

Prior (02/24) 2.11

Current vs Prior -87.94%

Prior 7-Day Average 0.95

Current vs Prior 7-Day Avg -73.30%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/03 10:05am) 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 13.98% | 15.23%16.13% | 20.39%

Prior 13.37% | 14.45%15.43% | 19.88%

Current vs Prior +4.53% | +5.40%+4.54% | +2.54%

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

Current vs 7-Day Avg +47.19% | +6.95%-0.02% | -1.64%

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

Current vs 7-Day Eod +4.53% | +5.40%+1.56% | +3.57%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 9.67% | 5.58%

Calls: 5.00% | 5.05%

Puts: 14.34% | 6.12%

Prior 7.12% | 5.18%

Calls: 6.28% | 4.13%

Puts: 7.96% | 6.23%

Current vs Prior +35.81% | +7.72%

Prior 7-Day Avg 21.37% | 8.04%

Calls: 20.65% | 6.67%

Puts: 22.10% | 9.42%

Current vs 7-Day Avg -54.75% | -30.63%

Liquidity Pricy

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🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($4.74M) vs puts ($1.37M). Light premium activity with dollar volume down 95% vs prior. Below-average activity with volume down 48% vs prior. Extreme bullish P/C ratio of 0.25 - heavy call buying (8,068 calls vs 2,049 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
10:05	BULLISH	BULLISH	BULLISH
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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 79 of results (avg 7.4%, best 2.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Sep 4	9.90	10.10	$10.00	2.0%	93	0.47	541
$185.00	Oct 16	12.80	13.25	$13.03	3.5%	2	0.46	39
$185.00	Sep 4	7.85	8.15	$8.00	3.8%	48	0.41	474
$190.00	Sep 4	6.35	6.60	$6.48	3.9%	96	0.35	557
$200.00	Oct 16	8.20	8.55	$8.38	4.2%	1	0.34	139

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Oct 16	18.30	19.05	$18.68	4.0%	1	0.49	264
$175.00	Sep 11	12.05	12.65	$12.35	4.9%	344	0.46	392
$200.00	Sep 11	28.45	29.90	$29.17	5.0%	--	0.73	31
$200.00	Sep 4	27.80	29.30	$28.55	5.3%	--	0.75	32
$177.50	Sep 11	13.45	14.30	$13.88	6.1%	7	0.49	28

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 0.68, highest 0.92)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$142.00	Sep 4	33.15	35.55	$34.35	7.0%	--	0.92	18
$143.00	Sep 4	32.25	33.90	$33.08	5.0%	--	0.92	19
$141.00	Sep 4	33.45	36.50	$34.98	8.7%	--	0.92	15
$141.00	Sep 11	34.10	36.95	$35.53	8.0%	--	0.91	119
$144.00	Sep 4	30.85	33.80	$32.33	9.1%	--	0.91	15

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Sep 4	35.55	38.00	$36.78	6.7%	--	0.84	11
$210.00	Sep 18	36.65	39.50	$38.08	7.5%	--	0.79	183
$205.00	Sep 11	31.80	34.60	$33.20	8.4%	--	0.77	26
$205.00	Sep 18	32.75	35.25	$34.00	7.4%	--	0.76	17
$200.00	Sep 4	27.80	29.30	$28.55	5.3%	--	0.75	32

Most actively traded options today. High liquidity = easy entry/exit. 146 active (total vol 6.5K, top 1.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 4	3.85	4.15	$4.00	7.5%	1.9K	0.25	1.7K
$210.00	Sep 4	2.23	2.43	$2.33	8.6%	1.0K	0.16	591
$190.00	Sep 18	7.70	8.20	$7.95	6.3%	309	0.38	1.8K
$175.00	Sep 11	12.55	13.20	$12.88	5.0%	278	0.54	244
$175.00	Sep 4	11.70	12.30	$12.00	5.0%	167	0.54	674

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 11	12.05	12.65	$12.35	4.9%	344	0.46	392
$150.00	Sep 4	1.88	2.17	$2.03	14.3%	133	0.14	827
$177.50	Oct 2	14.40	16.80	$15.60	15.4%	80	0.48	29
$177.50	Oct 9	14.65	17.95	$16.30	20.2%	80	0.47	3
$175.00	Sep 4	11.05	11.80	$11.43	6.6%	68	0.46	175

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 266.4%, max 337.1%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$170.00	Sep 4	Oct 16	291.5%	66.7%	337.1%	17	226
$165.00	Sep 4	Oct 16	277.3%	63.8%	334.8%	48	140
$160.00	Sep 4	Oct 16	273.9%	63.4%	331.7%	2	77
$175.00	Sep 4	Oct 16	285.6%	67.2%	325.1%	172	697
$155.00	Sep 4	Oct 16	270.5%	63.8%	323.9%	45	118

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$170.00	Sep 4	Oct 16	291.5%	66.7%	337.1%	27	451
$165.00	Sep 4	Oct 16	277.3%	63.8%	334.8%	26	716
$160.00	Sep 4	Oct 16	273.9%	63.4%	331.7%	30	777
$175.00	Sep 4	Oct 16	285.6%	67.2%	325.1%	68	339
$155.00	Sep 4	Oct 16	270.5%	63.8%	323.9%	47	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 4.18, avg 2.13)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$200.00	$210.00	Oct 16	$1.93	$8.07	$1.93	34%	4.18	$201.93
$190.00	$200.00	Oct 2	$2.45	$7.55	$2.45	40%	3.08	$192.45
$165.00	$170.00	Oct 16	$2.25	$2.75	$2.25	65%	1.22	$167.25
$185.00	$190.00	Oct 2	$1.40	$3.60	$1.40	44%	2.57	$186.40
$180.00	$185.00	Oct 16	$1.75	$3.25	$1.75	50%	1.86	$181.75

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$180.00	$177.50	Sep 18	$0.85	$1.65	$0.85	51%	1.94	$179.15
$177.50	$175.00	Sep 25	$0.80	$1.70	$0.80	48%	2.13	$176.70
$175.00	$172.50	Sep 18	$0.83	$1.67	$0.83	45%	2.01	$174.17
$190.00	$187.50	Sep 11	$1.35	$1.15	$1.35	64%	0.85	$188.65
$152.50	$150.00	Sep 18	$0.25	$2.25	$0.25	19%	9.00	$152.25

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 125 found (best R:R 0.76, 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	$1.03	$1.03	$1.47	69%	0.70	$198.53
$187.50	$190.00	Sep 11	$1.15	$1.15	$1.35	60%	0.85	$188.65
$202.50	$205.00	Sep 11	$0.75	$0.75	$1.75	75%	0.43	$203.25
$197.50	$200.00	Sep 11	$0.77	$0.77	$1.73	71%	0.45	$198.27

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$155.00	Oct 9	$6.48	$6.48	$8.52	60%	0.76	$163.52
$170.00	$165.00	Oct 16	$2.97	$2.97	$2.03	60%	1.46	$167.03
$175.00	$172.50	Sep 25	$2.00	$2.00	$0.50	54%	4.00	$173.00
$170.00	$167.50	Sep 18	$1.72	$1.72	$0.78	61%	2.21	$168.28
$170.00	$165.00	Oct 2	$2.48	$2.48	$2.52	60%	0.98	$167.52

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 24 found (avg debit $0.99, cheapest $0.68)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$182.50	Sep 4	Sep 11	$0.68	292.5%	121.3%
$170.00	Sep 4	Sep 11	$1.12	291.5%	120.7%
$190.00	Sep 4	Sep 11	$0.65	290.0%	120.3%
$180.00	Sep 4	Sep 11	$0.80	291.1%	121.9%
$172.50	Sep 4	Sep 11	$1.05	291.1%	122.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$182.50	Sep 4	Sep 11	$1.20	292.5%	121.3%
$170.00	Sep 4	Sep 11	$0.78	291.5%	120.7%
$190.00	Sep 4	Sep 11	$0.68	290.0%	120.3%
$180.00	Sep 4	Sep 11	$1.00	291.1%	121.9%
$172.50	Sep 4	Sep 11	$0.95	291.1%	122.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 58 found (cheapest 13.26% of stock, avg 15.77%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$165.00	Sep 4	$16.75	$6.55	$23.30	$141.70	$188.30	13.26%
$172.50	Sep 4	$12.93	$10.38	$23.31	$149.19	$195.81	13.27%
$170.00	Sep 4	$14.15	$9.20	$23.35	$146.65	$193.35	13.29%
$167.50	Sep 4	$15.43	$7.98	$23.41	$144.09	$190.91	13.33%
$175.00	Sep 4	$12.00	$11.43	$23.43	$151.57	$198.43	13.34%
$177.50	Sep 4	$10.95	$12.55	$23.50	$154.00	$201.00	13.38%
$162.50	Sep 4	$18.52	$5.65	$24.17	$138.33	$186.67	13.76%
$180.00	Sep 4	$10.00	$14.48	$24.48	$155.52	$204.48	13.94%
$160.00	Sep 4	$19.95	$4.70	$24.65	$135.35	$184.65	14.03%
$182.50	Sep 4	$9.07	$15.75	$24.82	$157.68	$207.32	14.13%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 162 found (cheapest 8.23% of stock, avg 12.13%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$190.00	$167.50	Sep 4	$6.48	$7.98	$14.46	$153.04	$204.46
$200.00	$155.00	Oct 9	$7.53	$6.10	$13.63	$141.37	$213.63
$210.00	$160.00	Oct 16	$6.45	$8.13	$14.58	$145.42	$224.58
$187.50	$167.50	Sep 4	$7.32	$7.98	$15.30	$152.20	$202.80
$205.00	$165.00	Oct 2	$5.70	$9.20	$14.90	$150.10	$219.90
$190.00	$167.50	Sep 11	$7.13	$9.00	$16.13	$151.37	$206.13
$190.00	$170.00	Sep 4	$6.48	$9.20	$15.68	$154.32	$205.68
$200.00	$165.00	Oct 2	$6.98	$9.20	$16.18	$148.82	$216.18
$187.50	$170.00	Sep 4	$7.32	$9.20	$16.52	$153.48	$204.02
$185.00	$167.50	Sep 4	$8.00	$7.98	$15.98	$151.52	$200.98

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 133 found (best R:R 10.36, avg credit $1.49)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
158/160	198/200	Sep 18	$2.28	$0.22	41%	10.36	$157.72	$199.78
162/165	198/200	Sep 18	$2.40	$0.10	35%	24.00	$162.60	$199.90
150/152	198/200	Sep 4	$1.62	$0.88	55%	1.84	$150.88	$199.12
160/162	198/200	Sep 4	$1.92	$0.58	43%	3.31	$160.58	$199.42
158/160	198/200	Sep 11	$1.89	$0.61	43%	3.10	$158.11	$199.39
146/147	198/200	Sep 4	$1.44	$1.06	61%	1.36	$145.56	$198.94
152/155	198/200	Sep 18	$1.77	$0.73	47%	2.42	$153.23	$199.27
158/160	198/200	Sep 4	$1.77	$0.73	46%	2.42	$158.23	$199.27
155/158	198/200	Sep 4	$1.65	$0.85	50%	1.94	$155.85	$199.15
150/152	198/200	Sep 11	$1.60	$0.90	51%	1.78	$150.90	$199.10

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 101 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$180.00	$185.00	$190.00	Oct 16	$0.05	$4.95	9%	99.00
$200.00	$205.00	$210.00	Sep 18	$0.06	$4.94	8%	82.33
$145.00	$150.00	$155.00	Sep 18	$0.12	$4.88	9%	40.67
$167.50	$170.00	$172.50	Sep 4	$0.06	$2.44	7%	40.67
$170.00	$172.50	$175.00	Sep 25	$0.07	$2.43	6%	34.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$170.00	$175.00	$180.00	Oct 16	$0.08	$4.92	9%	61.50
$195.00	$200.00	$205.00	Sep 11	$0.11	$4.89	9%	44.45
$182.50	$185.00	$187.50	Sep 4	$0.05	$2.45	6%	49.00
$172.50	$175.00	$177.50	Sep 4	$0.07	$2.43	7%	34.71
$172.50	$175.00	$177.50	Oct 2	$0.05	$2.45	5%	49.00

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 $-2.75, 29 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$190.00	$200.00	1:2	Oct 2	-$4.53	$5.47
$200.00	$210.00	1:2	Oct 16	-$4.52	$5.48
$205.00	$210.00	1:2	Sep 18	-$2.62	$2.38
$207.50	$210.00	1:2	Sep 4	-$1.96	$0.54
$202.50	$205.00	1:2	Sep 4	-$2.43	$0.07

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$197.50	$177.50	1:2	Oct 9	-$2.75	$17.25
$144.00	$143.00	1:2	Sep 4	-$0.50	$0.50
$147.00	$146.00	1:2	Sep 4	-$0.60	$0.40
$143.00	$142.00	1:2	Sep 4	-$0.58	$0.42
$150.00	$145.00	1:2	Sep 18	-$1.36	$3.64

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 67 found (best yield 7.29%, avg 4.09%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$185.00	Oct 16	$12.80	0.46	5.3%	7.29%	12.60%	2	39
$190.00	Oct 16	$10.70	0.42	8.2%	6.09%	14.25%	6	44
$195.00	Oct 16	$9.25	0.38	11.0%	5.27%	16.28%	--	32
$200.00	Oct 16	$8.20	0.34	13.9%	4.67%	18.52%	1	139
$180.00	Oct 16	$14.25	0.51	2.5%	8.11%	10.58%	5	58
$190.00	Oct 2	$9.05	0.40	8.2%	5.15%	13.32%	--	39
$210.00	Oct 16	$5.30	0.27	19.6%	3.02%	22.57%	--	43
$192.50	Oct 9	$7.90	0.39	9.6%	4.50%	14.08%	--	10
$185.00	Oct 2	$10.20	0.44	5.3%	5.81%	11.12%	--	18
$195.00	Oct 9	$7.35	0.36	11.0%	4.18%	15.19%	--	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 8,068

Total Puts 2,049

Put/Call Ratio 0.25

Net Difference 6,019

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

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