ZS - Options Database

ZSCALER INC

$179.39 +3.86%

(9/3 14:06) ◀

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

▶ (9/3 16:01)

◀ 9/3 15:01 ▶

Option Volume

Detail

ℹ

Current (09/03 3:00pm) 74,630

Calls: 45,945 (62%)

Puts: 28,685 (38%)

Prior (08/27) 24,811

Calls: 16,158 (65%)

Puts: 8,653 (35%)

Current vs Prior +200.79%

Calls: +184.35% (Calls)

Puts: +231.50% (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 +206.68%

Calls: +239.36%

Puts: +165.70%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/03 3:00pm) $48.57M

Calls: $34.57M (71%)

Puts: $14.00M (29%)

Prior (08/27) $16.78M

Calls: $13.69M (82%)

Puts: $3.09M (18%)

Current vs Prior +189.49%

Calls: +152.54%

Puts: +353.18%

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 +9.12%

Calls: +153.04%

Puts: -54.61%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/03 3:00pm) 0.62

Prior (08/27) 0.54

Current vs Prior +16.58%

Prior 7-Day Average 0.95

Current vs Prior 7-Day Avg -34.37%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/03 3:00pm) 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 14.81% | 16.04%16.96% | 20.51%

Prior 13.37% | 14.45%15.43% | 19.88%

Current vs Prior +10.74% | +11.00%+9.96% | +3.18%

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

Current vs 7-Day Avg +55.93% | +12.63%+5.16% | -1.02%

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

Current vs 7-Day Eod +10.74% | +11.00%+6.82% | +4.22%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.28% | 4.65%

Calls: 4.82% | 6.10%

Puts: 5.73% | 3.21%

Prior 7.12% | 5.18%

Calls: 6.28% | 4.13%

Puts: 7.96% | 6.23%

Current vs Prior -25.84% | -10.23%

Prior 7-Day Avg 21.37% | 8.04%

Calls: 20.65% | 6.67%

Puts: 22.10% | 9.42%

Current vs 7-Day Avg -75.29% | -42.19%

Liquidity Acceptable

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🤖 AI Insights

Moderately bullish flow with 71% call dollar volume ($34.57M). Massive premium surge with dollar volume up 189% vs prior. Unusually high activity with volume up 201% vs prior - elevated interest. Volume explosion - 207% above 7-day average (74,630 vs avg 24,335).

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
15:00	BULLISH	BULLISH	BULLISH
14:05	BULLISH	BULLISH	BULLISH
14:00	BULLISH	BULLISH	BULLISH
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 174 of results (avg 7.1%, best 2.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Oct 16	7.45	7.70	$7.58	3.3%	120	0.30	43
$175.00	Sep 4	14.40	15.00	$14.70	4.1%	415	0.59	674
$150.00	Oct 16	34.05	35.50	$34.78	4.2%	2	0.81	12
$170.00	Sep 18	18.70	19.55	$19.13	4.4%	41	0.64	435
$175.00	Sep 18	16.30	17.05	$16.68	4.5%	902	0.59	743

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Sep 4	4.00	4.10	$4.05	2.5%	1.2K	0.22	652
$177.50	Sep 11	12.50	12.90	$12.70	3.1%	62	0.44	28
$180.00	Sep 11	13.80	14.25	$14.03	3.2%	80	0.47	77
$200.00	Sep 18	27.45	28.45	$27.95	3.6%	14	0.66	850
$155.00	Sep 4	2.65	2.75	$2.70	3.7%	737	0.16	301

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.89, cheapest $0.89)

CALLS (0)

No calls meet the criteria

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$144.00	Sep 4	0.81	0.97	$0.89	18.0%	105	0.07	142

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 114 found (avg delta 0.67, highest 0.93)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$144.00	Sep 4	34.55	38.00	$36.28	9.5%	--	0.93	15
$145.00	Sep 4	34.20	36.50	$35.35	6.5%	3	0.93	31
$146.00	Sep 4	32.65	36.10	$34.38	10.0%	--	0.92	62
$147.00	Sep 4	31.70	35.35	$33.53	10.9%	--	0.91	42
$144.00	Sep 11	35.25	38.95	$37.10	10.0%	--	0.91	81

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$212.50	Sep 4	34.90	38.05	$36.47	8.6%	--	0.80	20
$210.00	Sep 4	33.25	35.10	$34.17	5.4%	4	0.78	11
$210.00	Sep 11	33.95	35.85	$34.90	5.4%	1	0.75	--
$205.00	Sep 4	28.85	31.00	$29.93	7.2%	13	0.74	1
$210.00	Sep 18	34.75	36.20	$35.48	4.1%	--	0.74	183

Most actively traded options today. High liquidity = easy entry/exit. 260 active (total vol 41.1K, top 4.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 4	5.65	5.95	$5.80	5.2%	4.4K	0.30	1.7K
$210.00	Sep 11	4.45	4.90	$4.68	9.6%	2.5K	0.24	227
$215.00	Sep 4	2.80	3.10	$2.95	10.2%	2.0K	0.18	200
$210.00	Sep 4	3.50	3.85	$3.68	9.5%	1.8K	0.21	591
$190.00	Sep 4	8.45	8.95	$8.70	5.7%	1.2K	0.41	557

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$150.00	Sep 4	1.60	1.75	$1.68	8.9%	2.1K	0.12	827
$160.00	Sep 4	4.00	4.10	$4.05	2.5%	1.2K	0.22	652
$175.00	Sep 4	10.00	10.50	$10.25	4.9%	806	0.41	175
$155.00	Sep 4	2.65	2.75	$2.70	3.7%	737	0.16	301
$148.00	Sep 4	1.22	1.50	$1.36	20.6%	695	0.10	1.1K

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 320.6%, max 384.2%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$180.00	Sep 4	Oct 16	332.2%	68.6%	384.2%	1.3K	599
$185.00	Sep 4	Oct 16	336.1%	69.5%	383.4%	475	513
$175.00	Sep 4	Oct 16	325.4%	68.0%	378.6%	448	697
$190.00	Sep 4	Oct 16	339.2%	71.7%	373.2%	1.2K	601
$200.00	Sep 4	Oct 16	338.7%	72.0%	370.7%	4.6K	1.8K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$180.00	Sep 4	Oct 16	332.2%	68.6%	384.2%	217	699
$185.00	Sep 4	Oct 16	336.1%	69.5%	383.4%	92	280
$175.00	Sep 4	Oct 16	325.4%	68.0%	378.6%	829	339
$190.00	Sep 4	Oct 16	339.2%	71.7%	373.2%	14	251
$170.00	Sep 4	Oct 16	319.3%	68.2%	368.2%	465	451

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 225 found (best R:R 1.04, avg 2.19)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$160.00	$165.00	Oct 16	$2.45	$2.55	$2.45	73%	1.04	$162.45
$210.00	$215.00	Oct 9	$0.25	$4.75	$0.25	28%	19.00	$210.25
$195.00	$200.00	Oct 9	$0.88	$4.12	$0.88	40%	4.68	$195.88
$185.00	$190.00	Oct 16	$1.37	$3.63	$1.37	50%	2.65	$186.37
$187.50	$190.00	Sep 18	$0.15	$2.35	$0.15	45%	15.67	$187.65

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$160.00	$157.50	Oct 9	$0.30	$2.20	$0.30	27%	7.33	$159.70
$200.00	$195.00	Sep 11	$2.95	$2.05	$2.95	68%	0.69	$197.05
$187.50	$185.00	Sep 11	$1.07	$1.43	$1.07	55%	1.34	$186.43
$160.00	$157.50	Oct 2	$0.40	$2.10	$0.40	26%	5.25	$159.60
$160.00	$157.50	Sep 25	$0.50	$2.00	$0.50	26%	4.00	$159.50

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 157 found (best R:R 1.10, avg 0.53)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$185.00	$187.50	Sep 18	$1.67	$1.67	$0.83	52%	2.01	$186.67
$205.00	$210.00	Oct 9	$1.63	$1.63	$3.37	68%	0.48	$206.63
$210.00	$215.00	Sep 25	$1.33	$1.33	$3.67	73%	0.36	$211.33
$180.00	$185.00	Oct 16	$2.67	$2.67	$2.33	46%	1.15	$182.67
$195.00	$197.50	Sep 11	$0.95	$0.95	$1.55	63%	0.61	$195.95

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$170.00	$165.00	Oct 9	$2.62	$2.62	$2.38	63%	1.10	$167.38
$157.50	$155.00	Oct 2	$1.25	$1.25	$1.25	76%	1.00	$156.25
$170.00	$165.00	Oct 16	$2.37	$2.37	$2.63	63%	0.90	$167.63
$170.00	$165.00	Oct 2	$2.25	$2.25	$2.75	64%	0.82	$167.75
$165.00	$160.00	Oct 9	$2.00	$2.00	$3.00	68%	0.67	$163.00

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 28 found (avg debit $1.09, cheapest $1.83)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$197.50	Sep 4	Sep 11	$0.80	339.1%	130.3%
$190.00	Sep 4	Sep 11	$1.05	339.2%	132.2%
$187.50	Sep 4	Sep 11	$1.11	338.9%	132.9%
$192.50	Sep 4	Sep 11	$1.10	339.0%	133.3%
$200.00	Sep 4	Sep 11	$1.02	338.7%	133.3%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$197.50	Sep 4	Sep 18	$1.83	339.1%	103.4%
$190.00	Sep 4	Sep 11	$0.82	339.2%	132.2%
$187.50	Sep 4	Sep 11	$0.54	338.9%	132.9%
$192.50	Sep 4	Sep 11	$0.60	339.0%	133.3%
$200.00	Sep 4	Sep 11	$0.60	338.7%	133.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 65 found (cheapest 13.76% of stock, avg 16.56%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$167.50	Sep 4	$17.93	$6.75	$24.68	$142.82	$192.18	13.76%
$175.00	Sep 4	$14.70	$10.25	$24.95	$150.05	$199.95	13.91%
$170.00	Sep 4	$17.13	$7.85	$24.98	$145.02	$194.98	13.92%
$172.50	Sep 4	$16.00	$9.10	$25.10	$147.40	$197.60	13.99%
$177.50	Sep 4	$13.48	$11.73	$25.21	$152.29	$202.71	14.05%
$180.00	Sep 4	$12.40	$13.08	$25.48	$154.52	$205.48	14.20%
$165.00	Sep 4	$19.90	$5.78	$25.68	$139.32	$190.68	14.32%
$162.50	Sep 4	$21.13	$4.88	$26.01	$136.49	$188.51	14.50%
$182.50	Sep 4	$11.43	$14.58	$26.01	$156.49	$208.51	14.50%
$185.00	Sep 4	$10.43	$16.02	$26.45	$158.55	$211.45	14.74%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 8.62% of stock, avg 13.09%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$210.00	$160.00	Oct 16	$7.58	$7.88	$15.46	$144.54	$225.46
$192.50	$170.00	Sep 4	$7.88	$7.85	$15.73	$154.27	$208.23
$192.50	$172.50	Sep 4	$7.88	$9.10	$16.98	$155.52	$209.48
$210.00	$165.00	Oct 16	$7.58	$9.68	$17.26	$147.74	$227.26
$190.00	$170.00	Sep 4	$8.70	$7.85	$16.55	$153.45	$206.55
$190.00	$172.50	Sep 4	$8.70	$9.10	$17.80	$154.70	$207.80
$195.00	$172.50	Sep 11	$8.20	$10.25	$18.45	$154.05	$213.45
$192.50	$175.00	Sep 4	$7.88	$10.25	$18.13	$156.87	$210.63
$190.00	$175.00	Sep 4	$8.70	$10.25	$18.95	$156.05	$208.95
$187.50	$170.00	Sep 4	$9.57	$7.85	$17.42	$152.58	$204.92

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 118 found (best R:R 2.65, avg credit $1.39)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
160/165	205/210	Oct 9	$3.63	$1.37	36%	2.65	$161.37	$208.63
155/158	205/208	Oct 2	$1.82	$0.68	44%	2.68	$155.68	$206.82
155/158	208/210	Oct 2	$1.75	$0.75	46%	2.33	$155.75	$209.25
152/155	202/205	Sep 11	$1.48	$1.02	50%	1.45	$153.52	$203.98
155/158	200/202	Sep 4	$1.40	$1.10	50%	1.27	$156.10	$201.40
160/162	205/208	Oct 2	$1.67	$0.83	39%	2.01	$160.83	$206.67
160/162	200/202	Sep 4	$1.53	$0.97	44%	1.58	$160.97	$201.53
152/155	200/202	Sep 11	$1.44	$1.06	48%	1.36	$153.56	$201.44
160/162	208/210	Oct 2	$1.60	$0.90	41%	1.78	$160.90	$209.10
162/165	202/205	Sep 11	$1.63	$0.87	40%	1.87	$163.37	$204.13

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 114 found (best R:R 82.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$200.00	$205.00	$210.00	Sep 18	$0.06	$4.94	8%	82.33
$195.00	$200.00	$205.00	Oct 2	$0.14	$4.86	8%	34.71
$187.50	$190.00	$192.50	Sep 4	$0.05	$2.45	6%	49.00
$170.00	$172.50	$175.00	Sep 18	$0.05	$2.45	6%	49.00
$175.00	$177.50	$180.00	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	$0.12	$4.88	9%	40.67
$150.00	$155.00	$160.00	Oct 16	$0.20	$4.80	9%	24.00
$162.50	$165.00	$167.50	Sep 4	$0.07	$2.43	6%	34.71
$160.00	$162.50	$165.00	Sep 4	$0.07	$2.43	6%	34.71
$155.00	$157.50	$160.00	Sep 11	$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. 21 found (best net $-4.72, 21 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$200.00	$210.00	1:2	Oct 16	-$5.09	$4.91
$210.00	$215.00	1:2	Sep 25	-$3.02	$1.98
$210.00	$215.00	1:2	Sep 18	-$3.65	$1.35
$205.00	$210.00	1:2	Sep 18	-$4.27	$0.73
$205.00	$210.00	1:2	Oct 9	-$4.47	$0.53

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$197.50	$180.00	1:2	Oct 9	-$4.72	$12.78
$155.00	$145.00	1:2	Oct 9	-$1.39	$8.61
$150.00	$145.00	1:2	Sep 18	-$1.14	$3.86
$145.00	$144.00	1:2	Sep 4	-$0.77	$0.23
$146.00	$145.00	1:2	Sep 4	-$0.83	$0.17

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 81 found (best yield 7.11%, avg 4.88%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$190.00	Oct 16	$12.75	0.46	5.9%	7.11%	13.02%	67	44
$200.00	Oct 16	$9.80	0.38	11.5%	5.46%	16.95%	124	139
$195.00	Oct 16	$11.10	0.41	8.7%	6.19%	14.89%	15	32
$180.00	Oct 16	$16.80	0.54	0.3%	9.37%	9.71%	349	58
$210.00	Oct 16	$7.45	0.30	17.1%	4.15%	21.22%	120	43
$185.00	Oct 16	$13.70	0.50	3.1%	7.64%	10.76%	44	39
$182.50	Oct 9	$14.45	0.51	1.7%	8.06%	9.79%	2	--
$185.00	Oct 9	$13.30	0.49	3.1%	7.41%	10.54%	5	3
$190.00	Oct 2	$11.35	0.44	5.9%	6.33%	12.24%	24	39
$187.50	Oct 2	$12.20	0.47	4.5%	6.80%	11.32%	2	6

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 45,945

Total Puts 28,685

Put/Call Ratio 0.62

Net Difference 17,260

Prior's Put/Call Breakdown

Total Calls 16,158

Total Puts 8,653

Put/Call Ratio 0.54

Net Difference 7,505

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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