ZS - Options Database

ZSCALER INC

$176.07 +1.93%

(9/3 10:05) ◀

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

▶ (9/3 10:15)

◀ 9/3 10:10 ▶

Option Volume

Detail

ℹ

Current (09/03 10:10am) 12,697

Calls: 9,420 (74%)

Puts: 3,277 (26%)

Prior (02/24) 19,538

Calls: 6,290 (32%)

Puts: 13,248 (68%)

Current vs Prior -35.01%

Calls: +49.76% (Calls)

Puts: -75.26% (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 -47.82%

Calls: -30.42%

Puts: -69.65%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/03 10:10am) $7.21M

Calls: $5.51M (76%)

Puts: $1.70M (24%)

Prior (02/24) $125.20M

Calls: $5.26M (4%)

Puts: $119.94M (96%)

Current vs Prior -94.24%

Calls: +4.83%

Puts: -98.58%

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 -83.80%

Calls: -59.65%

Puts: -94.49%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/03 10:10am) 0.35

Prior (02/24) 2.11

Current vs Prior -83.48%

Prior 7-Day Average 0.95

Current vs Prior 7-Day Avg -63.43%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/03 10:10am) 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 14.03% | 15.28%16.28% | 20.45%

Prior 13.37% | 14.45%15.43% | 19.88%

Current vs Prior +4.92% | +5.70%+5.51% | +2.84%

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

Current vs 7-Day Avg +47.74% | +7.26%+0.91% | -1.35%

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

Current vs 7-Day Eod +4.92% | +5.70%+2.50% | +3.87%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 7.29% | 4.83%

Calls: 7.41% | 5.24%

Puts: 7.17% | 4.43%

Prior 7.12% | 5.18%

Calls: 6.28% | 4.13%

Puts: 7.96% | 6.23%

Current vs Prior +2.39% | -6.76%

Prior 7-Day Avg 21.37% | 8.04%

Calls: 20.65% | 6.67%

Puts: 22.10% | 9.42%

Current vs 7-Day Avg -65.89% | -39.95%

Liquidity Acceptable

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🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($5.51M) vs puts ($1.70M). Light premium activity with dollar volume down 94% vs prior. Extreme bullish P/C ratio of 0.35 - heavy call buying (9,420 calls vs 3,277 puts). P/C ratio dropping 83% - 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 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
10:10	BULLISH	BULLISH	BULLISH
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 112 of results (avg 7.0%, best 2.4%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 4	4.10	4.20	$4.15	2.4%	1.9K	0.25	1.7K
$175.00	Oct 16	17.15	17.70	$17.42	3.2%	5	0.55	23
$190.00	Oct 16	11.35	11.75	$11.55	3.5%	6	0.42	44
$180.00	Sep 4	9.90	10.25	$10.07	3.5%	147	0.48	541
$180.00	Sep 11	11.05	11.45	$11.25	3.6%	89	0.49	70

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$177.50	Sep 11	13.25	13.85	$13.55	4.4%	10	0.48	28
$180.00	Oct 16	18.15	19.00	$18.58	4.6%	1	0.49	264
$200.00	Sep 18	28.95	30.35	$29.65	4.7%	--	0.71	850
$185.00	Oct 16	21.00	22.05	$21.53	4.9%	--	0.53	74
$200.00	Sep 11	28.25	29.70	$28.98	5.0%	--	0.73	31

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 0.68, highest 0.93)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$142.00	Sep 4	33.15	35.55	$34.35	7.0%	--	0.93	18
$141.00	Sep 4	34.65	36.50	$35.58	5.2%	--	0.92	15
$143.00	Sep 4	32.25	34.70	$33.48	7.3%	--	0.92	19
$144.00	Sep 4	31.10	33.80	$32.45	8.3%	--	0.91	15
$141.00	Sep 11	34.40	37.05	$35.72	7.4%	--	0.91	119

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Sep 4	35.55	38.00	$36.78	6.7%	--	0.83	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%	--	0.75	17
$200.00	Sep 4	27.55	29.05	$28.30	5.3%	--	0.75	32

Most actively traded options today. High liquidity = easy entry/exit. 150 active (total vol 7.0K, top 1.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 4	4.10	4.20	$4.15	2.4%	1.9K	0.25	1.7K
$210.00	Sep 4	2.28	2.60	$2.44	13.1%	1.0K	0.17	591
$190.00	Sep 18	8.25	8.55	$8.40	3.6%	361	0.39	1.8K
$175.00	Sep 11	13.00	13.70	$13.35	5.2%	288	0.55	244
$172.50	Sep 11	13.90	14.95	$14.43	7.3%	187	0.58	98

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 11	11.90	12.55	$12.23	5.3%	345	0.45	392
$150.00	Sep 4	1.88	2.00	$1.94	6.2%	140	0.13	827
$175.00	Sep 4	10.95	11.70	$11.33	6.6%	99	0.46	175
$177.50	Oct 2	15.10	16.25	$15.68	7.3%	80	0.47	29
$177.50	Oct 9	14.65	17.95	$16.30	20.2%	80	0.47	3

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 269.4%, max 330.3%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$170.00	Sep 4	Oct 16	286.8%	66.7%	330.3%	18	226
$165.00	Sep 4	Oct 16	282.6%	65.9%	328.8%	52	140
$175.00	Sep 4	Oct 16	286.4%	67.6%	323.4%	175	697
$160.00	Sep 4	Oct 16	276.9%	66.0%	319.8%	2	77
$195.00	Sep 4	Oct 16	294.7%	70.6%	317.4%	23	340

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$170.00	Sep 4	Oct 16	286.8%	66.7%	330.3%	29	451
$165.00	Sep 4	Oct 16	282.6%	65.9%	328.8%	30	716
$175.00	Sep 4	Oct 16	286.4%	67.6%	323.4%	99	339
$160.00	Sep 4	Oct 16	276.9%	66.0%	319.8%	36	777
$197.50	Sep 4	Oct 9	301.5%	72.2%	317.3%	--	50

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 176 found (best R:R 0.69, avg 2.20)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$157.50	$170.00	Oct 2	$7.40	$5.10	$7.40	74%	0.69	$164.90
$165.00	$170.00	Oct 16	$2.09	$2.91	$2.09	65%	1.39	$167.09
$155.00	$160.00	Oct 16	$2.75	$2.25	$2.75	75%	0.82	$157.75
$165.00	$167.50	Sep 11	$0.85	$1.65	$0.85	67%	1.94	$165.85
$157.50	$160.00	Sep 11	$1.10	$1.40	$1.10	76%	1.27	$158.60

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$182.50	$180.00	Sep 4	$1.05	$1.45	$1.05	55%	1.38	$181.45
$175.00	$172.50	Sep 18	$0.83	$1.67	$0.83	45%	2.01	$174.17
$162.50	$160.00	Sep 18	$0.57	$1.93	$0.57	30%	3.39	$161.93
$155.00	$152.50	Sep 18	$0.40	$2.10	$0.40	22%	5.25	$154.60
$190.00	$187.50	Sep 11	$1.46	$1.04	$1.46	63%	0.71	$188.54

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 126 found (best R:R 0.73, avg 0.54)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$197.50	$200.00	Sep 4	$0.88	$0.88	$1.62	72%	0.54	$198.38
$197.50	$200.00	Sep 11	$0.87	$0.87	$1.63	70%	0.53	$198.37
$185.00	$187.50	Sep 11	$1.17	$1.17	$1.33	57%	0.88	$186.17
$202.50	$205.00	Sep 11	$0.74	$0.74	$1.76	74%	0.42	$203.24
$205.00	$207.50	Sep 11	$0.63	$0.63	$1.87	77%	0.34	$205.63

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$155.00	Oct 9	$6.33	$6.33	$8.67	60%	0.73	$163.67
$175.00	$170.00	Oct 16	$2.80	$2.80	$2.20	56%	1.27	$172.20
$170.00	$165.00	Oct 16	$2.47	$2.47	$2.53	60%	0.98	$167.53
$160.00	$155.00	Oct 16	$1.95	$1.95	$3.05	70%	0.64	$158.05
$170.00	$165.00	Oct 2	$2.41	$2.41	$2.59	60%	0.93	$167.59

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 26 found (avg debit $0.99, cheapest $0.67)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$190.00	Sep 4	Sep 11	$0.67	294.6%	121.0%
$182.50	Sep 4	Sep 11	$0.75	294.4%	121.2%
$187.50	Sep 4	Sep 11	$0.70	294.0%	120.9%
$195.00	Sep 4	Sep 11	$0.77	294.7%	122.6%
$192.50	Sep 4	Sep 11	$0.80	293.4%	122.1%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$190.00	Sep 4	Sep 11	$0.71	294.6%	121.0%
$182.50	Sep 4	Sep 11	$1.25	294.4%	121.2%
$187.50	Sep 4	Sep 11	$1.07	294.0%	120.9%
$195.00	Sep 4	Sep 11	$0.62	294.7%	122.6%
$192.50	Sep 4	Sep 11	$0.82	293.4%	122.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 58 found (cheapest 13.14% of stock, avg 15.83%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$170.00	Sep 4	$14.23	$8.90	$23.13	$146.87	$193.13	13.14%
$167.50	Sep 4	$15.48	$7.88	$23.36	$144.14	$190.86	13.27%
$175.00	Sep 4	$12.15	$11.33	$23.48	$151.52	$198.48	13.34%
$172.50	Sep 4	$13.23	$10.30	$23.53	$148.97	$196.03	13.36%
$165.00	Sep 4	$16.95	$6.65	$23.60	$141.40	$188.60	13.40%
$177.50	Sep 4	$11.08	$12.55	$23.63	$153.87	$201.13	13.42%
$180.00	Sep 4	$10.07	$14.40	$24.47	$155.53	$204.47	13.90%
$162.50	Sep 4	$18.83	$5.70	$24.53	$137.97	$187.03	13.93%
$182.50	Sep 4	$9.25	$15.45	$24.70	$157.80	$207.20	14.03%
$160.00	Sep 4	$20.27	$4.70	$24.97	$135.03	$184.97	14.18%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 162 found (cheapest 8.30% of stock, avg 12.21%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$190.00	$167.50	Sep 4	$6.73	$7.88	$14.61	$152.89	$204.61
$200.00	$155.00	Oct 9	$7.53	$6.05	$13.58	$141.42	$213.58
$210.00	$160.00	Oct 16	$6.25	$8.55	$14.80	$145.20	$224.80
$187.50	$167.50	Sep 4	$7.48	$7.88	$15.36	$152.14	$202.86
$190.00	$170.00	Sep 4	$6.73	$8.90	$15.63	$154.37	$205.63
$190.00	$167.50	Sep 11	$7.40	$8.78	$16.18	$151.32	$206.18
$187.50	$170.00	Sep 4	$7.48	$8.90	$16.38	$153.62	$203.88
$200.00	$165.00	Oct 2	$6.95	$9.32	$16.27	$148.73	$216.27
$195.00	$155.00	Oct 9	$8.93	$6.05	$14.98	$140.02	$209.98
$185.00	$167.50	Sep 4	$8.32	$7.88	$16.20	$151.30	$201.20

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 133 found (best R:R 3.03, avg credit $1.50)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
160/162	198/200	Sep 4	$1.88	$0.62	43%	3.03	$160.62	$199.38
158/160	198/200	Sep 4	$1.78	$0.72	46%	2.47	$158.22	$199.28
152/155	198/200	Sep 4	$1.60	$0.90	52%	1.78	$153.40	$199.10
146/149	198/200	Sep 11	$1.76	$1.24	54%	1.42	$147.24	$199.26
162/165	198/200	Sep 4	$1.83	$0.67	40%	2.73	$163.17	$199.33
155/158	198/200	Sep 11	$1.67	$0.83	46%	2.01	$155.83	$199.17
158/160	198/200	Sep 11	$1.74	$0.76	43%	2.29	$158.26	$199.24
144/145	198/200	Sep 11	$1.36	$1.14	58%	1.19	$143.64	$198.86
146/147	198/200	Sep 4	$1.28	$1.22	61%	1.05	$145.72	$198.78
150/152	198/200	Sep 4	$1.40	$1.10	56%	1.27	$151.10	$198.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 109 found (best R:R 61.50, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$185.00	$190.00	$195.00	Oct 16	$0.08	$4.92	8%	61.50
$200.00	$205.00	$210.00	Sep 18	$0.13	$4.87	8%	37.46
$170.00	$175.00	$180.00	Oct 16	$0.19	$4.81	9%	25.32
$175.00	$177.50	$180.00	Sep 4	$0.06	$2.44	7%	40.67
$167.50	$170.00	$172.50	Sep 11	$0.06	$2.44	6%	40.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$155.00	$160.00	$165.00	Oct 16	$0.08	$4.92	10%	61.50
$145.00	$150.00	$155.00	Oct 16	$0.18	$4.82	8%	26.78
$175.00	$180.00	$185.00	Oct 16	$0.22	$4.78	9%	21.73
$155.00	$157.50	$160.00	Sep 11	$0.07	$2.43	6%	34.71
$160.00	$162.50	$165.00	Sep 11	$0.08	$2.42	6%	30.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 28 found (best net $-3.15, 27 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$200.00	$210.00	1:2	Oct 16	-$3.80	$6.20
$157.50	$170.00	1:2	Oct 2	-$10.50	$2.00
$205.00	$210.00	1:2	Sep 18	-$2.71	$2.29
$207.50	$210.00	1:2	Sep 4	-$2.12	$0.38
$205.00	$207.50	1:2	Sep 4	-$2.39	$0.11

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$197.50	$177.50	1:2	Oct 9	-$3.15	$16.85
$144.00	$143.00	1:2	Sep 4	-$0.47	$0.53
$143.00	$142.00	1:2	Sep 4	-$0.58	$0.42
$147.00	$146.00	1:2	Sep 4	-$0.75	$0.25
$149.00	$146.00	1:2	Sep 11	-$1.07	$1.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 68 found (best yield 6.45%, avg 4.24%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$190.00	Oct 16	$11.35	0.42	7.9%	6.45%	14.36%	6	44
$185.00	Oct 16	$13.00	0.46	5.1%	7.38%	12.46%	2	39
$180.00	Oct 16	$14.90	0.51	2.2%	8.46%	10.69%	5	58
$195.00	Oct 16	$9.70	0.38	10.8%	5.51%	16.26%	--	32
$200.00	Oct 16	$8.45	0.34	13.6%	4.80%	18.39%	2	139
$210.00	Oct 16	$5.90	0.27	19.3%	3.35%	22.62%	--	43
$190.00	Oct 2	$9.35	0.40	7.9%	5.31%	13.22%	--	39
$192.50	Oct 9	$8.00	0.39	9.3%	4.54%	13.88%	--	10
$185.00	Oct 2	$10.30	0.45	5.1%	5.85%	10.92%	--	18
$177.50	Oct 2	$13.45	0.52	0.8%	7.64%	8.45%	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 9,420

Total Puts 3,277

Put/Call Ratio 0.35

Net Difference 6,143

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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