ZS - Options Database

ZSCALER INC

$176.92 +2.43%

(9/3 11:01) ◀

Thursday, September 3, 2026 (12:00pm)

▶ (9/3 13:01)

◀ 9/3 12:00 ▶

Option Volume

Detail

ℹ

Current (09/03 12:00pm) 27,066

Calls: 18,480 (68%)

Puts: 8,586 (32%)

Prior --

Calls: 6,290 (32%)

Puts: 13,248 (68%)

Current vs Prior +0.00%

Calls: +193.80% (Calls)

Puts: -35.19% (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 +11.22%

Calls: +36.50%

Puts: -20.47%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/03 12:00pm) $20.08M

Calls: $15.17M (76%)

Puts: $4.90M (24%)

Prior --

Calls: $5.26M (4%)

Puts: $119.94M (96%)

Current vs Prior +0.00%

Calls: +188.51%

Puts: -95.91%

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 -54.90%

Calls: +11.05%

Puts: -84.11%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/03 12:00pm) 0.46

Prior 1.00

Current vs Prior -53.54%

Prior 7-Day Average 0.95

Current vs Prior 7-Day Avg -51.16%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/03 12:00pm) 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 14.03% | 15.31%16.07% | 20.13%

Prior 13.37% | 14.45%15.43% | 19.88%

Current vs Prior +4.93% | +5.90%+4.16% | +1.24%

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

Current vs 7-Day Avg +47.75% | +7.46%-0.38% | -2.89%

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

Current vs 7-Day Eod +4.93% | +5.90%+1.19% | +2.25%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 9.08% | 6.79%

Calls: 8.59% | 7.86%

Puts: 9.57% | 5.73%

Prior 7.12% | 5.18%

Calls: 6.28% | 4.13%

Puts: 7.96% | 6.23%

Current vs Prior +27.53% | +31.08%

Prior 7-Day Avg 21.37% | 8.04%

Calls: 20.65% | 6.67%

Puts: 22.10% | 9.42%

Current vs 7-Day Avg -57.51% | -15.58%

Liquidity Pricy

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🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($15.17M) vs puts ($4.90M). Extreme bullish P/C ratio of 0.46 - heavy call buying (18,480 calls vs 8,586 puts). P/C ratio dropping 54% - 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
12:00	BULLISH	BULLISH	BULLISH
11:00	BULLISH	BULLISH	BULLISH
10:35	BULLISH	BULLISH	BULLISH
10:30	BULLISH	BULLISH	BULLISH
10:25	BULLISH	BULLISH	BULLISH
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 135 of results (avg 6.8%, best 1.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 18	14.60	14.85	$14.73	1.7%	800	0.56	743
$155.00	Sep 18	26.45	27.35	$26.90	3.3%	5	0.78	379
$145.00	Sep 18	34.20	35.50	$34.85	3.7%	1	0.86	183
$150.00	Oct 16	32.45	33.75	$33.10	3.9%	--	0.80	12
$142.00	Sep 4	35.10	36.55	$35.83	4.0%	--	0.95	18

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$170.00	Sep 4	8.00	8.20	$8.10	2.5%	96	0.37	347
$200.00	Sep 18	28.10	29.05	$28.58	3.3%	11	0.70	850
$205.00	Sep 18	31.90	33.05	$32.47	3.5%	--	0.74	17
$202.50	Sep 4	28.55	29.60	$29.08	3.6%	39	0.76	1
$210.00	Sep 18	36.05	37.45	$36.75	3.8%	--	0.78	183

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.86, cheapest $0.74)

CALLS (0)

No calls meet the criteria

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$144.00	Sep 4	0.68	0.80	$0.74	16.2%	52	0.06	142
$145.00	Sep 4	0.80	0.96	$0.88	18.2%	274	0.07	667
$146.00	Sep 4	0.89	1.05	$0.97	16.5%	59	0.08	145

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 108 found (avg delta 0.69, highest 0.95)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$142.00	Sep 4	35.10	36.55	$35.83	4.0%	--	0.95	18
$143.00	Sep 4	33.50	35.95	$34.73	7.1%	--	0.94	19
$144.00	Sep 4	32.70	35.05	$33.88	6.9%	--	0.94	15
$145.00	Sep 4	32.25	33.60	$32.92	4.1%	2	0.93	31
$146.00	Sep 4	30.85	33.65	$32.25	8.7%	--	0.92	62

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Sep 4	34.50	36.85	$35.67	6.6%	1	0.82	11
$205.00	Sep 4	30.40	31.60	$31.00	3.9%	13	0.78	1
$210.00	Sep 18	36.05	37.45	$36.75	3.8%	--	0.78	183
$202.50	Sep 4	28.55	29.60	$29.08	3.6%	39	0.76	1
$205.00	Sep 11	31.35	32.85	$32.10	4.7%	22	0.75	26

Most actively traded options today. High liquidity = easy entry/exit. 221 active (total vol 15.8K, top 2.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 4	4.10	4.60	$4.35	11.5%	2.1K	0.27	1.7K
$210.00	Sep 4	2.36	2.75	$2.55	15.3%	1.2K	0.18	591
$175.00	Sep 11	13.45	14.55	$14.00	7.9%	992	0.56	244
$175.00	Sep 18	14.60	14.85	$14.73	1.7%	800	0.56	743
$190.00	Sep 4	6.60	7.45	$7.03	12.1%	754	0.37	557

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 11	11.35	12.15	$11.75	6.8%	421	0.44	392
$175.00	Sep 4	10.35	10.95	$10.65	5.6%	374	0.44	175
$150.00	Sep 4	1.49	1.65	$1.57	10.2%	341	0.12	827
$148.00	Sep 4	1.19	1.35	$1.27	12.6%	285	0.10	1.1K
$145.00	Sep 4	0.80	0.96	$0.88	18.2%	274	0.07	667

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 44 strikes (avg 281.5%, max 340.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Sep 4	Oct 16	293.3%	66.5%	340.7%	334	697
$195.00	Sep 4	Oct 16	305.6%	70.1%	335.7%	103	340
$185.00	Sep 4	Oct 16	306.0%	70.3%	335.5%	169	513
$170.00	Sep 4	Oct 16	288.4%	66.4%	334.5%	58	226
$190.00	Sep 4	Oct 16	301.5%	70.5%	327.5%	761	601

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Sep 4	Oct 16	293.3%	66.5%	340.7%	394	339
$185.00	Sep 4	Oct 16	306.0%	70.3%	335.5%	72	280
$170.00	Sep 4	Oct 16	288.4%	66.4%	334.5%	105	451
$190.00	Sep 4	Oct 16	301.5%	70.5%	327.5%	7	251
$177.50	Sep 4	Oct 9	296.9%	70.4%	322.0%	140	228

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 196 found (best R:R 1.70, avg 2.03)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$175.00	$180.00	Oct 16	$1.85	$3.15	$1.85	57%	1.70	$176.85
$170.00	$175.00	Oct 2	$2.07	$2.93	$2.07	62%	1.42	$172.07
$170.00	$177.50	Oct 9	$3.47	$4.03	$3.47	61%	1.16	$173.47
$170.00	$175.00	Oct 16	$2.29	$2.71	$2.29	62%	1.18	$172.29
$160.00	$170.00	Oct 2	$6.13	$3.87	$6.13	72%	0.63	$166.13

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$160.00	$157.50	Oct 2	$0.25	$2.25	$0.25	28%	9.00	$159.75
$190.00	$187.50	Sep 11	$1.10	$1.40	$1.10	61%	1.27	$188.90
$180.00	$177.50	Oct 9	$0.82	$1.68	$0.82	48%	2.05	$179.18
$200.00	$197.50	Sep 18	$1.48	$1.02	$1.48	70%	0.69	$198.52
$185.00	$182.50	Sep 18	$1.18	$1.32	$1.18	55%	1.12	$183.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 137 found (best R:R 0.75, avg 0.55)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$197.50	$200.00	Sep 11	$1.36	$1.36	$1.14	68%	1.19	$198.86
$207.50	$210.00	Sep 11	$0.95	$0.95	$1.55	76%	0.61	$208.45
$185.00	$187.50	Sep 4	$1.28	$1.28	$1.22	56%	1.05	$186.28
$185.00	$187.50	Sep 18	$1.30	$1.30	$1.20	55%	1.08	$186.30
$207.50	$210.00	Sep 4	$0.61	$0.61	$1.89	80%	0.32	$208.11

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$160.00	Oct 9	$4.30	$4.30	$5.70	62%	0.75	$165.70
$155.00	$152.50	Oct 2	$1.38	$1.38	$1.12	76%	1.23	$153.62
$165.00	$160.00	Oct 16	$2.23	$2.23	$2.77	66%	0.81	$162.77
$170.00	$165.00	Oct 2	$2.42	$2.42	$2.58	62%	0.94	$167.58
$162.50	$160.00	Sep 25	$1.27	$1.27	$1.23	70%	1.03	$161.23

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 24 found (avg debit $1.13, cheapest $0.90)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 4	Sep 11	$0.90	305.6%	125.2%
$185.00	Sep 4	Sep 11	$0.92	306.0%	125.6%
$190.00	Sep 4	Sep 11	$1.04	301.5%	124.4%
$182.50	Sep 4	Sep 11	$1.10	300.7%	124.0%
$180.00	Sep 4	Sep 11	$0.97	301.1%	124.6%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 4	Sep 11	$1.02	305.6%	125.2%
$185.00	Sep 4	Sep 11	$0.98	306.0%	125.6%
$190.00	Sep 4	Sep 11	$0.90	301.5%	124.4%
$182.50	Sep 4	Sep 11	$1.17	300.7%	124.0%
$180.00	Sep 4	Sep 11	$1.08	301.1%	124.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 62 found (cheapest 13.19% of stock, avg 15.99%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$170.00	Sep 4	$15.23	$8.10	$23.33	$146.67	$193.33	13.19%
$172.50	Sep 4	$14.03	$9.30	$23.33	$149.17	$195.83	13.19%
$175.00	Sep 4	$12.80	$10.65	$23.45	$151.55	$198.45	13.25%
$177.50	Sep 4	$11.68	$12.02	$23.70	$153.80	$201.20	13.40%
$167.50	Sep 4	$16.75	$6.98	$23.73	$143.77	$191.23	13.41%
$165.00	Sep 4	$18.13	$5.88	$24.01	$140.99	$189.01	13.57%
$180.00	Sep 4	$10.83	$13.40	$24.23	$155.77	$204.23	13.70%
$182.50	Sep 4	$9.70	$14.85	$24.55	$157.95	$207.05	13.88%
$162.50	Sep 4	$19.65	$4.93	$24.58	$137.92	$187.08	13.89%
$160.00	Sep 4	$21.33	$4.03	$25.36	$134.64	$185.36	14.33%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 7.92% of stock, avg 12.72%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$190.00	$167.50	Sep 4	$7.03	$6.98	$14.01	$153.49	$204.01
$210.00	$160.00	Oct 16	$6.50	$8.20	$14.70	$145.30	$224.70
$190.00	$170.00	Sep 4	$7.03	$8.10	$15.13	$154.87	$205.13
$187.50	$167.50	Sep 4	$7.70	$6.98	$14.68	$152.82	$202.18
$187.50	$170.00	Sep 4	$7.70	$8.10	$15.80	$154.20	$203.30
$190.00	$172.50	Sep 4	$7.03	$9.30	$16.33	$156.17	$206.33
$192.50	$170.00	Sep 11	$7.50	$9.30	$16.80	$153.20	$209.30
$187.50	$172.50	Sep 4	$7.70	$9.30	$17.00	$155.50	$204.50
$190.00	$170.00	Sep 11	$8.07	$9.30	$17.37	$152.63	$207.37
$185.00	$167.50	Sep 4	$8.98	$6.98	$15.96	$151.54	$200.96

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 133 found (best R:R 6.81, avg credit $1.38)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
150/152	198/200	Sep 11	$2.18	$0.32	50%	6.81	$150.32	$199.68
158/160	198/200	Sep 11	$2.31	$0.19	42%	12.16	$157.69	$199.81
152/155	208/210	Oct 2	$1.98	$0.52	49%	3.81	$153.02	$209.48
160/162	198/200	Sep 11	$2.21	$0.29	39%	7.62	$160.29	$199.71
152/155	205/208	Oct 2	$1.96	$0.54	47%	3.63	$153.04	$206.96
146/147	198/200	Sep 11	$1.77	$0.73	55%	2.42	$145.23	$199.27
155/158	198/200	Sep 11	$1.98	$0.52	45%	3.81	$155.52	$199.48
148/149	198/200	Sep 11	$1.78	$0.72	53%	2.47	$147.22	$199.28
144/145	198/200	Sep 11	$1.56	$0.94	57%	1.66	$143.44	$199.06
145/146	198/200	Sep 11	$1.58	$0.92	56%	1.72	$144.42	$199.08

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 117 found (best R:R 52.57, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$170.00	$177.50	$185.00	Oct 9	$0.14	$7.36	15%	52.57
$150.00	$155.00	$160.00	Oct 16	$0.05	$4.95	9%	99.00
$160.00	$165.00	$170.00	Oct 16	$0.16	$4.84	10%	30.25
$190.00	$195.00	$200.00	Oct 2	$0.16	$4.84	8%	30.25
$200.00	$205.00	$210.00	Sep 18	$0.16	$4.84	8%	30.25

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$195.00	$200.00	$205.00	Sep 11	$0.10	$4.90	9%	49.00
$170.00	$175.00	$180.00	Oct 16	$0.17	$4.83	9%	28.41
$160.00	$162.50	$165.00	Sep 4	$0.05	$2.45	7%	49.00
$170.00	$172.50	$175.00	Sep 11	$0.05	$2.45	6%	49.00
$177.50	$180.00	$182.50	Sep 4	$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. 22 found (best net $-4.82, 22 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$200.00	$210.00	1:2	Oct 16	-$4.07	$5.93
$207.50	$210.00	1:2	Sep 4	-$1.94	$0.56
$205.00	$210.00	1:2	Sep 18	-$3.26	$1.74
$200.00	$205.00	1:2	Sep 18	-$3.97	$1.03
$205.00	$210.00	1:2	Sep 25	-$3.96	$1.04

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$197.50	$180.00	1:2	Oct 9	-$4.82	$12.68
$170.00	$160.00	1:2	Oct 9	-$3.45	$6.55
$143.00	$142.00	1:2	Sep 4	-$0.51	$0.49
$145.00	$144.00	1:2	Sep 4	-$0.60	$0.40
$144.00	$143.00	1:2	Sep 4	-$0.60	$0.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 73 found (best yield 8.82%, avg 4.64%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$180.00	Oct 16	$15.60	0.53	1.7%	8.82%	10.56%	79	58
$185.00	Oct 16	$13.30	0.48	4.6%	7.52%	12.08%	10	39
$190.00	Oct 16	$11.50	0.43	7.4%	6.50%	13.89%	7	44
$195.00	Oct 16	$9.80	0.39	10.2%	5.54%	15.76%	--	32
$200.00	Oct 16	$8.50	0.35	13.1%	4.80%	17.85%	10	139
$210.00	Oct 16	$6.15	0.28	18.7%	3.48%	22.17%	103	43
$195.00	Oct 9	$8.45	0.38	10.2%	4.78%	15.00%	1	13
$185.00	Oct 2	$11.50	0.46	4.6%	6.50%	11.07%	--	18
$190.00	Oct 9	$9.70	0.42	7.4%	5.48%	12.88%	1	4
$180.00	Oct 2	$13.60	0.51	1.7%	7.69%	9.43%	1	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 18,480

Total Puts 8,586

Put/Call Ratio 0.46

Net Difference 9,894

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

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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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