ZS - Options Database

ZSCALER INC

$177.32 +2.65%

(9/3 12:00) ◀

Thursday, September 3, 2026 (1:00pm)

▶ (9/3 14:01)

◀ 9/3 13:01 ▶

Option Volume

Detail

ℹ

Current (09/03 1:00pm) 39,079

Calls: 24,272 (62%)

Puts: 14,807 (38%)

Prior (08/27) 20,336

Calls: 13,672 (67%)

Puts: 6,664 (33%)

Current vs Prior +92.17%

Calls: +77.53% (Calls)

Puts: +122.19% (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 +60.59%

Calls: +79.28%

Puts: +37.15%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/03 1:00pm) $26.77M

Calls: $19.05M (71%)

Puts: $7.72M (29%)

Prior (08/27) $13.74M

Calls: $11.46M (83%)

Puts: $2.27M (17%)

Current vs Prior +94.90%

Calls: +66.22%

Puts: +239.41%

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 -39.85%

Calls: +39.46%

Puts: -74.97%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/03 1:00pm) 0.61

Prior (08/27) 0.49

Current vs Prior +25.16%

Prior 7-Day Average 0.95

Current vs Prior 7-Day Avg -35.87%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/03 1:00pm) 220,305

Calls: 120,774 (55%)

Puts: 99,531 (45%)

Prior (08/27) 206,514

Calls: 111,712 (54%)

Puts: 94,802 (46%)

Current vs Prior +6.68%

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 13.82% | 15.24%16.06% | 20.29%

Prior 13.37% | 14.45%15.43% | 19.88%

Current vs Prior +3.34% | +5.47%+4.08% | +2.06%

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

Current vs 7-Day Avg +45.51% | +7.02%-0.46% | -2.10%

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

Current vs 7-Day Eod +3.34% | +5.47%+1.10% | +3.08%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 4.46% | 5.04%

Calls: 5.09% | 3.92%

Puts: 3.84% | 6.15%

Prior 7.12% | 5.18%

Calls: 6.28% | 4.13%

Puts: 7.96% | 6.23%

Current vs Prior -37.36% | -2.70%

Prior 7-Day Avg 21.37% | 8.04%

Calls: 20.65% | 6.67%

Puts: 22.10% | 9.42%

Current vs 7-Day Avg -79.13% | -37.34%

Liquidity Acceptable

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🤖 AI Insights

Moderately bullish flow with 71% call dollar volume ($19.05M). Elevated premium activity with dollar volume up 95% vs prior. Above-average activity with volume up 92% vs prior. Bullish P/C ratio of 0.61.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BEARISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

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
13:00	BULLISH	BULLISH	BULLISH
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 171 of results (avg 6.6%, best 2.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 18	14.75	15.15	$14.95	2.7%	877	0.57	743
$185.00	Sep 4	8.50	8.80	$8.65	3.5%	252	0.43	474
$190.00	Sep 4	7.00	7.25	$7.13	3.5%	835	0.38	557
$182.50	Sep 4	9.55	9.90	$9.73	3.6%	78	0.47	159
$155.00	Sep 4	24.40	25.30	$24.85	3.6%	67	0.84	89

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 4	10.00	10.25	$10.13	2.5%	647	0.43	175
$180.00	Oct 16	17.65	18.10	$17.88	2.5%	27	0.47	264
$210.00	Sep 4	34.45	35.50	$34.98	3.0%	3	0.82	11
$177.50	Sep 4	11.50	11.95	$11.73	3.8%	89	0.47	225
$185.00	Sep 18	17.75	18.45	$18.10	3.9%	4	0.55	481

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.74, cheapest $0.64)

CALLS (0)

No calls meet the criteria

PUTS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$144.00	Sep 4	0.59	0.69	$0.64	15.6%	63	0.06	142
$143.00	Sep 4	0.54	0.64	$0.59	16.9%	15	0.05	139
$145.00	Sep 4	0.70	0.83	$0.76	17.1%	344	0.07	667
$147.00	Sep 4	0.87	1.04	$0.96	17.7%	74	0.08	119

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 109 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	36.95	$36.03	5.1%	--	0.95	18
$143.00	Sep 4	34.20	36.00	$35.10	5.1%	--	0.95	19
$144.00	Sep 4	33.35	35.20	$34.28	5.4%	--	0.94	15
$145.00	Sep 4	32.45	34.25	$33.35	5.4%	2	0.94	31
$146.00	Sep 4	30.85	33.65	$32.25	8.7%	--	0.93	62

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$212.50	Sep 4	36.30	39.15	$37.72	7.6%	--	0.83	20
$210.00	Sep 4	34.45	35.50	$34.98	3.0%	3	0.82	11
$205.00	Sep 4	30.00	31.75	$30.88	5.7%	13	0.78	1
$210.00	Sep 18	35.75	37.45	$36.60	4.6%	--	0.77	183
$202.50	Sep 4	28.25	29.70	$28.98	5.0%	39	0.76	1

Most actively traded options today. High liquidity = easy entry/exit. 240 active (total vol 22.2K, top 2.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 4	4.35	4.65	$4.50	6.7%	2.3K	0.27	1.7K
$210.00	Sep 4	2.50	2.80	$2.65	11.3%	1.4K	0.18	591
$175.00	Sep 11	13.75	14.30	$14.03	3.9%	1.0K	0.56	244
$175.00	Sep 18	14.75	15.15	$14.95	2.7%	877	0.57	743
$190.00	Sep 4	7.00	7.25	$7.13	3.5%	835	0.38	557

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$150.00	Sep 4	1.32	1.45	$1.39	9.4%	1.3K	0.11	827
$175.00	Sep 4	10.00	10.25	$10.13	2.5%	647	0.43	175
$175.00	Sep 11	11.10	11.95	$11.52	7.4%	468	0.43	392
$155.00	Sep 4	2.30	2.45	$2.38	6.3%	414	0.16	301
$165.00	Sep 4	5.25	5.60	$5.43	6.4%	411	0.29	695

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 45 strikes (avg 279.9%, max 333.0%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Sep 4	Oct 16	289.0%	66.7%	333.0%	376	697
$170.00	Sep 4	Oct 16	285.9%	66.6%	329.5%	65	226
$195.00	Sep 4	Oct 16	304.3%	71.0%	328.7%	193	340
$190.00	Sep 4	Oct 16	304.1%	71.0%	328.3%	845	601
$200.00	Sep 4	Oct 16	303.9%	71.2%	327.1%	2.3K	1.8K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$175.00	Sep 4	Oct 16	289.0%	66.7%	333.0%	667	339
$170.00	Sep 4	Oct 16	285.9%	66.6%	329.5%	236	451
$190.00	Sep 4	Oct 16	304.1%	71.0%	328.3%	11	251
$185.00	Sep 4	Oct 16	299.5%	70.7%	323.5%	75	280
$177.50	Sep 4	Oct 9	297.5%	70.4%	322.7%	175	228

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 208 found (best R:R 1.23, avg 2.18)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$177.50	Oct 9	$3.37	$4.13	$3.37	62%	1.23	$173.37
$170.00	$175.00	Oct 2	$2.07	$2.93	$2.07	62%	1.42	$172.07
$175.00	$180.00	Oct 16	$1.83	$3.17	$1.83	57%	1.73	$176.83
$200.00	$210.00	Oct 16	$2.18	$7.82	$2.18	36%	3.59	$202.18
$177.50	$185.00	Oct 9	$3.10	$4.40	$3.10	54%	1.42	$180.60

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$160.00	$157.50	Oct 2	$0.22	$2.28	$0.22	27%	10.36	$159.78
$160.00	$157.50	Sep 25	$0.45	$2.05	$0.45	27%	4.56	$159.55
$200.00	$197.50	Sep 18	$1.55	$0.95	$1.55	69%	0.61	$198.45
$180.00	$177.50	Oct 9	$1.05	$1.45	$1.05	48%	1.38	$178.95
$190.00	$187.50	Sep 18	$1.35	$1.15	$1.35	60%	0.85	$188.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 149 found (best R:R 1.45, avg 0.52)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$195.00	$197.50	Sep 18	$1.08	$1.08	$1.42	64%	0.76	$196.08
$207.50	$210.00	Oct 2	$0.72	$0.72	$1.78	72%	0.40	$208.22
$195.00	$197.50	Sep 11	$0.82	$0.82	$1.68	66%	0.49	$195.82
$207.50	$210.00	Sep 4	$0.46	$0.46	$2.04	80%	0.23	$207.96
$207.50	$210.00	Sep 11	$0.52	$0.52	$1.98	77%	0.26	$208.02

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$157.50	$155.00	Oct 2	$1.48	$1.48	$1.02	74%	1.45	$156.02
$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
$155.00	$150.00	Oct 16	$1.62	$1.62	$3.38	76%	0.48	$153.38
$157.50	$155.00	Sep 25	$1.10	$1.10	$1.40	75%	0.79	$156.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 24 found (avg debit $1.24, cheapest $0.97)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$187.50	Sep 4	Sep 11	$0.97	305.0%	123.7%
$192.50	Sep 4	Sep 11	$1.00	304.8%	124.3%
$190.00	Sep 4	Sep 11	$1.07	304.1%	124.6%
$195.00	Sep 4	Sep 11	$1.10	304.3%	125.5%
$182.50	Sep 4	Sep 11	$1.15	302.3%	124.3%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$187.50	Sep 4	Sep 11	$1.32	305.0%	123.7%
$192.50	Sep 4	Sep 11	$1.13	304.8%	124.3%
$190.00	Sep 4	Sep 11	$1.28	304.1%	124.6%
$195.00	Sep 4	Sep 11	$1.17	304.3%	125.5%
$182.50	Sep 4	Sep 11	$1.52	302.3%	124.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 66 found (cheapest 12.90% of stock, avg 16.02%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$172.50	Sep 4	$13.95	$8.93	$22.88	$149.62	$195.38	12.90%
$175.00	Sep 4	$12.77	$10.13	$22.90	$152.10	$197.90	12.91%
$170.00	Sep 4	$15.25	$7.70	$22.95	$147.05	$192.95	12.94%
$167.50	Sep 4	$16.65	$6.45	$23.10	$144.40	$190.60	13.03%
$177.50	Sep 4	$11.70	$11.73	$23.43	$154.07	$200.93	13.21%
$165.00	Sep 4	$18.13	$5.43	$23.56	$141.44	$188.56	13.29%
$180.00	Sep 4	$10.70	$12.93	$23.63	$156.37	$203.63	13.33%
$182.50	Sep 4	$9.73	$14.33	$24.06	$158.44	$206.56	13.57%
$162.50	Sep 4	$19.83	$4.55	$24.38	$138.12	$186.88	13.75%
$185.00	Sep 4	$8.65	$16.30	$24.95	$160.05	$209.95	14.07%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 7.25% of stock, avg 12.66%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$192.50	$167.50	Sep 4	$6.40	$6.45	$12.85	$154.65	$205.35
$190.00	$167.50	Sep 4	$7.13	$6.45	$13.58	$153.92	$203.58
$192.50	$170.00	Sep 4	$6.40	$7.70	$14.10	$155.90	$206.60
$190.00	$170.00	Sep 4	$7.13	$7.70	$14.83	$155.17	$204.83
$210.00	$160.00	Oct 16	$7.05	$8.13	$15.18	$144.82	$225.18
$187.50	$167.50	Sep 4	$7.98	$6.45	$14.43	$153.07	$201.93
$192.50	$172.50	Sep 4	$6.40	$8.93	$15.33	$157.17	$207.83
$187.50	$170.00	Sep 4	$7.98	$7.70	$15.68	$154.32	$203.18
$190.00	$172.50	Sep 4	$7.13	$8.93	$16.06	$156.44	$206.06
$192.50	$170.00	Sep 11	$7.40	$9.03	$16.43	$153.57	$208.93

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 136 found (best R:R 7.33, avg credit $1.34)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
155/158	208/210	Oct 2	$2.20	$0.30	46%	7.33	$155.30	$209.70
155/158	205/208	Oct 2	$1.86	$0.64	45%	2.91	$155.64	$206.86
160/162	208/210	Oct 2	$1.82	$0.68	42%	2.68	$160.68	$209.32
160/162	195/198	Sep 11	$1.80	$0.70	38%	2.57	$160.70	$196.80
160/162	200/202	Sep 11	$1.61	$0.89	43%	1.81	$160.89	$201.61
152/155	208/210	Oct 2	$1.44	$1.06	50%	1.36	$153.56	$208.94
145/147	208/210	Oct 2	$1.26	$1.24	56%	1.02	$145.74	$208.76
150/152	195/198	Sep 11	$1.43	$1.07	49%	1.34	$151.07	$196.43
158/160	198/200	Sep 4	$1.45	$1.05	48%	1.38	$158.55	$198.95
155/158	195/198	Sep 11	$1.54	$0.96	44%	1.60	$155.96	$196.54

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 123 found (best R:R 26.78, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$170.00	$177.50	$185.00	Oct 9	$0.27	$7.23	14%	26.78
$200.00	$205.00	$210.00	Sep 18	$0.05	$4.95	8%	99.00
$150.00	$155.00	$160.00	Oct 16	$0.09	$4.91	9%	54.56
$185.00	$190.00	$195.00	Oct 16	$0.13	$4.87	8%	37.46
$160.00	$165.00	$170.00	Oct 16	$0.21	$4.79	10%	22.81

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$195.00	$200.00	$205.00	Sep 11	$0.13	$4.87	9%	37.46
$155.00	$157.50	$160.00	Sep 11	$0.05	$2.45	6%	49.00
$165.00	$170.00	$175.00	Oct 16	$0.24	$4.76	10%	19.83
$200.00	$205.00	$210.00	Sep 18	$0.19	$4.81	8%	25.32
$150.00	$152.50	$155.00	Sep 25	$0.06	$2.44	4%	40.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 26 found (best net $-5.11, 26 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$210.00	$212.50	1:2	Sep 4	-$2.05	$0.45
$200.00	$210.00	1:2	Oct 16	-$4.87	$5.13
$207.50	$210.00	1:2	Sep 4	-$2.19	$0.31
$205.00	$210.00	1:2	Sep 18	-$3.25	$1.75
$200.00	$205.00	1:2	Sep 18	-$4.20	$0.80

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$197.50	$180.00	1:2	Oct 9	-$5.11	$12.39
$143.00	$142.00	1:2	Sep 4	-$0.45	$0.55
$145.00	$144.00	1:2	Sep 4	-$0.52	$0.48
$144.00	$143.00	1:2	Sep 4	-$0.54	$0.46
$146.00	$145.00	1:2	Sep 4	-$0.64	$0.36

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 78 found (best yield 6.71%, avg 4.65%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$190.00	Oct 16	$11.90	0.44	7.2%	6.71%	13.86%	10	44
$180.00	Oct 16	$15.95	0.53	1.5%	9.00%	10.51%	193	58
$195.00	Oct 16	$10.25	0.40	10.0%	5.78%	15.75%	13	32
$185.00	Oct 16	$13.45	0.48	4.3%	7.59%	11.92%	36	39
$200.00	Oct 16	$8.85	0.36	12.8%	4.99%	17.78%	27	139
$210.00	Oct 16	$6.55	0.29	18.4%	3.69%	22.12%	107	43
$185.00	Oct 9	$12.10	0.47	4.3%	6.82%	11.15%	3	3
$187.50	Oct 2	$10.90	0.45	5.7%	6.15%	11.89%	2	6
$185.00	Oct 2	$11.80	0.47	4.3%	6.65%	10.99%	--	18
$182.50	Oct 2	$12.85	0.49	2.9%	7.25%	10.17%	2	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 24,272

Total Puts 14,807

Put/Call Ratio 0.61

Net Difference 9,465

Prior's Put/Call Breakdown

Total Calls 13,672

Total Puts 6,664

Put/Call Ratio 0.49

Net Difference 7,008

Prior 7-Day Put/Call Summary

Total Calls 94,772

Total Puts 75,573

Average Put/Call Ratio 0.95

Ratio Trend Rising

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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