ZS - Options Database

ZSCALER INC

$176.87 +2.39%

(9/3 10:15) ◀

Thursday, September 3, 2026 (10:20am)

▶ (9/3 10:25)

◀ 9/3 10:20 ▶

Option Volume

Detail

ℹ

Current (09/03 10:20am) 14,190

Calls: 10,339 (73%)

Puts: 3,851 (27%)

Prior (02/24) 19,538

Calls: 6,290 (32%)

Puts: 13,248 (68%)

Current vs Prior -27.37%

Calls: +64.37% (Calls)

Puts: -70.93% (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 -41.69%

Calls: -23.63%

Puts: -64.33%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/03 10:20am) $8.87M

Calls: $6.62M (75%)

Puts: $2.25M (25%)

Prior (02/24) $125.20M

Calls: $5.26M (4%)

Puts: $119.94M (96%)

Current vs Prior -92.91%

Calls: +25.86%

Puts: -98.12%

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 -80.07%

Calls: -51.55%

Puts: -92.70%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/03 10:20am) 0.37

Prior (02/24) 2.11

Current vs Prior -82.32%

Prior 7-Day Average 0.95

Current vs Prior 7-Day Avg -60.84%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/03 10:20am) 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 14.41% | 15.42%16.40% | 20.27%

Prior 13.37% | 14.45%15.43% | 19.88%

Current vs Prior +7.75% | +6.71%+6.28% | +1.95%

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

Current vs 7-Day Avg +51.72% | +8.28%+1.65% | -2.20%

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

Current vs 7-Day Eod +7.75% | +6.71%+3.25% | +2.97%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 6.50% | 6.11%

Calls: 5.36% | 4.27%

Puts: 7.64% | 7.94%

Prior 7.12% | 5.18%

Calls: 6.28% | 4.13%

Puts: 7.96% | 6.23%

Current vs Prior -8.71% | +17.95%

Prior 7-Day Avg 21.37% | 8.04%

Calls: 20.65% | 6.67%

Puts: 22.10% | 9.42%

Current vs 7-Day Avg -69.59% | -24.04%

Liquidity Pricy

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🤖 AI Insights

Moderately bullish flow with 75% call dollar volume ($6.62M). Light premium activity with dollar volume down 93% vs prior. Extreme bullish P/C ratio of 0.37 - heavy call buying (10,339 calls vs 3,851 puts). P/C ratio dropping 82% - 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
10:20	BULLISH	BULLISH	BULLISH
10:15	BULLISH	BULLISH	BULLISH
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 111 of results (avg 7.6%, best 3.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$177.50	Sep 4	11.75	12.20	$11.98	3.8%	16	0.53	105
$175.00	Sep 18	14.55	15.15	$14.85	4.0%	187	0.56	743
$175.00	Sep 11	13.75	14.35	$14.05	4.3%	357	0.56	244
$182.50	Sep 4	9.60	10.10	$9.85	5.1%	11	0.47	159
$172.50	Sep 18	15.60	16.45	$16.02	5.3%	106	0.58	30

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Sep 4	4.40	4.60	$4.50	4.4%	36	0.24	652
$175.00	Sep 4	10.80	11.30	$11.05	4.5%	217	0.44	175
$205.00	Sep 11	31.40	33.15	$32.28	5.4%	--	0.75	26
$210.00	Sep 18	35.95	38.05	$37.00	5.7%	--	0.78	183
$180.00	Sep 11	14.10	14.95	$14.52	5.9%	3	0.50	77

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.98, cheapest $0.98)

CALLS (0)

No calls meet the criteria

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$144.00	Sep 4	0.90	1.05	$0.98	15.3%	35	0.08	142

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 98 found (avg delta 0.68, highest 0.94)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$142.00	Sep 4	34.10	36.80	$35.45	7.6%	--	0.94	18
$143.00	Sep 4	33.20	35.90	$34.55	7.8%	--	0.94	19
$144.00	Sep 4	32.30	35.05	$33.67	8.2%	--	0.93	15
$145.00	Sep 4	31.45	34.10	$32.78	8.1%	1	0.92	31
$146.00	Sep 4	31.15	33.25	$32.20	6.5%	--	0.91	62

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Sep 4	34.90	37.25	$36.08	6.5%	--	0.82	11
$210.00	Sep 18	35.95	38.05	$37.00	5.7%	--	0.78	183
$205.00	Sep 11	31.40	33.15	$32.28	5.4%	--	0.75	26
$205.00	Sep 18	31.65	33.75	$32.70	6.4%	--	0.74	17
$200.00	Sep 4	26.70	28.95	$27.83	8.1%	--	0.73	32

Most actively traded options today. High liquidity = easy entry/exit. 164 active (total vol 8.1K, top 1.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 4	4.45	4.70	$4.58	5.5%	1.9K	0.27	1.7K
$210.00	Sep 4	2.55	2.84	$2.70	10.7%	1.0K	0.18	591
$190.00	Sep 18	8.50	9.05	$8.78	6.3%	386	0.39	1.8K
$175.00	Sep 11	13.75	14.35	$14.05	4.3%	357	0.56	244
$180.00	Sep 4	10.60	11.20	$10.90	5.5%	189	0.50	541

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 11	11.45	12.15	$11.80	5.9%	350	0.44	392
$175.00	Sep 4	10.80	11.30	$11.05	4.5%	217	0.44	175
$150.00	Sep 4	1.73	2.00	$1.87	14.4%	181	0.13	827
$177.50	Oct 2	14.50	16.25	$15.38	11.4%	80	0.47	29
$177.50	Oct 9	14.45	17.25	$15.85	17.7%	80	0.46	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 277.9%, max 348.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$170.00	Sep 4	Oct 16	298.8%	66.6%	348.5%	18	226
$175.00	Sep 4	Oct 16	293.8%	67.2%	337.4%	184	697
$165.00	Sep 4	Oct 16	291.9%	67.3%	334.0%	52	140
$195.00	Sep 4	Oct 16	298.1%	70.3%	323.8%	26	340
$180.00	Sep 4	Oct 16	296.8%	70.0%	323.7%	194	599

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$170.00	Sep 4	Oct 16	298.8%	66.6%	348.5%	29	451
$175.00	Sep 4	Oct 16	293.8%	67.2%	337.4%	217	339
$165.00	Sep 4	Oct 16	291.9%	67.3%	334.0%	30	716
$180.00	Sep 4	Oct 16	296.8%	70.0%	323.7%	31	699
$185.00	Sep 4	Oct 16	297.6%	70.8%	320.6%	64	280

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 189 found (best R:R 1.50, avg 2.13)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$175.00	Oct 2	$2.00	$3.00	$2.00	61%	1.50	$172.00
$180.00	$182.50	Oct 2	$0.38	$2.12	$0.38	50%	5.58	$180.38
$165.00	$170.00	Oct 16	$2.33	$2.67	$2.33	66%	1.15	$167.33
$170.00	$172.50	Sep 25	$0.68	$1.82	$0.68	61%	2.68	$170.68
$187.50	$190.00	Sep 18	$0.24	$2.26	$0.24	41%	9.42	$187.74

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$175.00	$172.50	Sep 18	$0.85	$1.65	$0.85	44%	1.94	$174.15
$175.00	$172.50	Sep 4	$0.92	$1.58	$0.92	44%	1.72	$174.08
$190.00	$187.50	Sep 4	$1.42	$1.08	$1.42	62%	0.76	$188.58
$197.50	$195.00	Sep 4	$1.63	$0.87	$1.63	70%	0.53	$195.87
$160.00	$157.50	Sep 11	$0.55	$1.95	$0.55	26%	3.55	$159.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 132 found (best R:R 0.65, avg 0.54)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$185.00	$187.50	Sep 18	$1.48	$1.48	$1.02	56%	1.45	$186.48
$190.00	$192.50	Sep 18	$1.28	$1.28	$1.22	61%	1.05	$191.28
$207.50	$210.00	Sep 11	$0.80	$0.80	$1.70	76%	0.47	$208.30
$177.50	$180.00	Oct 2	$1.52	$1.52	$0.98	47%	1.55	$179.02
$180.00	$182.50	Sep 25	$1.39	$1.39	$1.11	49%	1.25	$181.39

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$155.00	Oct 9	$5.90	$5.90	$9.10	61%	0.65	$164.10
$165.00	$160.00	Oct 16	$2.15	$2.15	$2.85	66%	0.75	$162.85
$175.00	$170.00	Oct 16	$2.65	$2.65	$2.35	56%	1.13	$172.35
$160.00	$155.00	Oct 16	$1.86	$1.86	$3.14	71%	0.59	$158.14
$157.50	$152.50	Oct 2	$1.65	$1.65	$3.35	74%	0.49	$155.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 26 found (avg debit $0.86, cheapest $0.40)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$172.50	Sep 4	Sep 11	$1.15	301.4%	121.5%
$167.50	Sep 4	Sep 11	$1.50	300.5%	123.6%
$170.00	Sep 4	Sep 11	$1.80	298.8%	122.8%
$190.00	Sep 4	Sep 11	$0.67	298.1%	122.1%
$192.50	Sep 4	Sep 11	$0.65	297.9%	121.9%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$172.50	Sep 4	Sep 11	$0.40	301.4%	121.5%
$167.50	Sep 4	Sep 11	$0.62	300.5%	123.6%
$170.00	Sep 4	Sep 11	$0.62	298.8%	122.8%
$190.00	Sep 4	Sep 11	$0.88	298.1%	122.1%
$192.50	Sep 4	Sep 11	$0.43	297.9%	121.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 59 found (cheapest 13.42% of stock, avg 16.00%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$170.00	Sep 4	$14.85	$8.88	$23.73	$146.27	$193.73	13.42%
$175.00	Sep 4	$13.05	$11.05	$24.10	$150.90	$199.10	13.63%
$167.50	Sep 4	$16.27	$7.88	$24.15	$143.35	$191.65	13.65%
$172.50	Sep 4	$14.03	$10.13	$24.16	$148.34	$196.66	13.66%
$165.00	Sep 4	$17.77	$6.58	$24.35	$140.65	$189.35	13.77%
$177.50	Sep 4	$11.98	$12.43	$24.41	$153.09	$201.91	13.80%
$180.00	Sep 4	$10.90	$13.63	$24.53	$155.47	$204.53	13.87%
$162.50	Sep 4	$19.43	$5.65	$25.08	$137.42	$187.58	14.18%
$182.50	Sep 4	$9.85	$15.35	$25.20	$157.30	$207.70	14.25%
$160.00	Sep 4	$20.95	$4.50	$25.45	$134.55	$185.45	14.39%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 162 found (cheapest 7.76% of stock, avg 12.50%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$200.00	$155.00	Oct 9	$7.68	$6.05	$13.73	$141.27	$213.73
$210.00	$160.00	Oct 16	$6.50	$8.43	$14.93	$145.07	$224.93
$190.00	$167.50	Sep 4	$7.28	$7.88	$15.16	$152.34	$205.16
$190.00	$170.00	Sep 4	$7.28	$8.88	$16.16	$153.84	$206.16
$187.50	$167.50	Sep 4	$8.07	$7.88	$15.95	$151.55	$203.45
$192.50	$170.00	Sep 11	$7.18	$9.50	$16.68	$153.32	$209.18
$187.50	$170.00	Sep 4	$8.07	$8.88	$16.95	$153.05	$204.45
$195.00	$155.00	Oct 9	$9.18	$6.05	$15.23	$139.77	$210.23
$190.00	$170.00	Sep 11	$7.95	$9.50	$17.45	$152.55	$207.45
$190.00	$172.50	Sep 4	$7.28	$10.13	$17.41	$155.09	$207.41

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 128 found (best R:R 2.68, avg credit $1.43)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
160/162	198/200	Sep 4	$1.82	$0.68	43%	2.68	$160.68	$199.32
160/162	200/202	Sep 4	$1.68	$0.82	46%	2.05	$160.82	$201.68
155/158	198/200	Sep 11	$1.68	$0.82	45%	2.05	$155.82	$199.18
160/162	192/195	Sep 4	$1.83	$0.67	38%	2.73	$160.67	$194.33
160/162	195/198	Sep 4	$1.75	$0.75	40%	2.33	$160.75	$196.75
155/158	198/200	Sep 4	$1.47	$1.03	49%	1.43	$156.03	$198.97
160/162	198/200	Sep 11	$1.70	$0.80	40%	2.13	$160.80	$199.20
150/152	198/200	Sep 11	$1.40	$1.10	50%	1.27	$151.10	$198.90
155/158	200/202	Sep 4	$1.33	$1.17	52%	1.14	$156.17	$201.33
150/155	205/210	Sep 25	$2.61	$2.39	50%	1.09	$152.39	$207.61

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	$0.07	$4.93	9%	70.43
$170.00	$175.00	$180.00	Oct 16	$0.17	$4.83	9%	28.41
$190.00	$195.00	$200.00	Oct 2	$0.17	$4.83	9%	28.41
$185.00	$190.00	$195.00	Oct 2	$0.20	$4.80	9%	24.00
$175.00	$177.50	$180.00	Sep 25	$0.05	$2.45	5%	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$170.00	$175.00	$180.00	Oct 16	$0.05	$4.95	9%	99.00
$195.00	$200.00	$205.00	Sep 11	$0.16	$4.84	9%	30.25
$145.00	$150.00	$155.00	Oct 16	$0.19	$4.81	8%	25.32
$150.00	$152.50	$155.00	Sep 4	$0.08	$2.42	6%	30.25
$192.50	$195.00	$197.50	Sep 18	$0.07	$2.43	4%	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. 25 found (best net $-2.87, 25 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$200.00	$210.00	1:2	Oct 16	-$4.20	$5.80
$207.50	$210.00	1:2	Sep 4	-$2.32	$0.18
$205.00	$210.00	1:2	Sep 25	-$3.27	$1.73
$200.00	$205.00	1:2	Sep 18	-$3.49	$1.51
$205.00	$210.00	1:2	Sep 18	-$3.32	$1.68

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$197.50	$177.50	1:2	Oct 9	-$2.87	$17.13
$170.00	$155.00	1:2	Oct 9	-$0.15	$14.85
$144.00	$143.00	1:2	Sep 4	-$0.48	$0.52
$143.00	$142.00	1:2	Sep 4	-$0.63	$0.37
$145.00	$144.00	1:2	Sep 4	-$0.89	$0.11

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 70 found (best yield 6.47%, avg 4.46%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$190.00	Oct 16	$11.45	0.43	7.4%	6.47%	13.90%	6	44
$185.00	Oct 16	$13.15	0.47	4.6%	7.43%	12.03%	2	39
$195.00	Oct 16	$9.85	0.39	10.2%	5.57%	15.82%	--	32
$200.00	Oct 16	$8.45	0.35	13.1%	4.78%	17.85%	5	139
$180.00	Oct 16	$14.80	0.52	1.8%	8.37%	10.14%	5	58
$210.00	Oct 16	$6.10	0.28	18.7%	3.45%	22.18%	100	43
$182.50	Oct 2	$12.45	0.48	3.2%	7.04%	10.22%	2	3
$185.00	Oct 2	$11.40	0.46	4.6%	6.45%	11.04%	--	18
$190.00	Oct 2	$9.65	0.41	7.4%	5.46%	12.88%	--	39
$195.00	Oct 2	$8.10	0.36	10.2%	4.58%	14.83%	1	3

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 10,339

Total Puts 3,851

Put/Call Ratio 0.37

Net Difference 6,488

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

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📈 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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