Tour v527
ZS
ZSCALER INC
$190.99 -0.39%
9/15 09:40

Option Volume

Detail
Current (09/15 9:40am) 3,079
Calls: 1,463 (48%)
Puts: 1,616 (52%)
Prior (09/03) 1,867
Calls: 1,478 (79%)
Puts: 389 (21%)
Current vs Prior +64.92%
Calls: -1.01% (Calls)
Puts: +315.42% (Puts)
Prior 7-Day Total 274,487
Calls: 162,224 (59%)
Puts: 112,263 (41%)
Prior 7-Day Average 39,212
Calls: 23,174 (59%)
Puts: 16,037 (41%)
Current vs Prior 7-Day Avg -92.15%
Calls: -93.69%
Puts: -89.92%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/15 9:40am) $2.04M
Calls: $1.47M (72%)
Puts: $579.5K (28%)
Prior (09/03) $1.32M
Calls: $1.16M (88%)
Puts: $160.1K (12%)
Current vs Prior +54.60%
Calls: +26.05%
Puts: +261.92%
Prior 7-Day Total $261.42M
Calls: $141.97M (54%)
Puts: $119.46M (46%)
Prior 7-Day Average $37.35M
Calls: $20.28M (54%)
Puts: $17.07M (46%)
Current vs Prior 7-Day Avg -94.52%
Calls: -92.77%
Puts: -96.60%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/15 9:40am) 1.10
Prior (09/03) 0.26
Current vs Prior +319.68%
Prior 7-Day Average 0.75
Current vs Prior 7-Day Avg +47.96%
Sentiment BEARISH

Open Interest

Detail
Current (09/15 9:40am) 241,388
Calls: 137,987 (57%)
Puts: 103,401 (43%)
Prior (09/03) 220,305
Calls: 120,774 (55%)
Puts: 99,531 (45%)
Current vs Prior +9.57%
Prior 7-Day Total 1,270,033
Calls: 695,499 (55%)
Puts: 574,534 (45%)
Prior 7-Day Average 181,433
Calls: 99,357 (55%)
Puts: 82,076 (45%)
Current vs Prior 7-Day Avg +33.05%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 6.34% | 9.31%6.34% | 15.16%
Prior 15.60% | 16.69%17.58% | 20.70%
Current vs Prior -59.34% | -44.23%-63.92% | -26.74%
Prior 7-Day Avg 10.02% | 14.60%16.61% | 20.72%
Current vs 7-Day Avg -36.71% | -36.25%-61.83% | -26.81%
Prior 7-Day Eod 15.60% | 16.69%5.77% | 13.84%
Current vs 7-Day Eod -59.34% | -44.23%+9.82% | +9.57%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 24.80% | 24.51%
Calls: 22.02% | 20.60%
Puts: 27.59% | 28.41%
Prior 5.28% | 7.58%
Calls: 4.82% | 7.48%
Puts: 5.73% | 7.68%
Current vs Prior +369.70% | +223.35%
Prior 7-Day Avg 19.07% | 7.98%
Calls: 18.39% | 6.78%
Puts: 19.76% | 9.17%
Current vs 7-Day Avg +30.03% | +207.25%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 72% call dollar volume ($1.47M). Elevated premium activity with dollar volume up 55% vs prior. Above-average activity with volume up 65% vs prior. Slightly bearish P/C ratio of 1.10.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:40BULLISHBEARISHBEARISH
09:35BULLISHBEARISHBEARISH

📈 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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 15 of results (avg 8.6%, best 6.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Oct 1637.4540.10$38.786.8%--0.9135
$155.00Sep 1835.4038.05$36.727.2%--1.00356
$155.00Sep 2535.8038.65$37.227.7%--0.9635
$160.00Oct 1633.0035.80$34.408.1%--0.8894
$162.50Sep 2528.7531.25$30.008.3%--0.9429
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Sep 1827.4030.15$28.789.6%--0.99104

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. 87 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 1835.4038.05$36.727.2%--1.00356
$160.00Sep 1830.4533.20$31.838.6%--0.98707
$162.50Sep 1828.0030.55$29.288.7%--0.98160
$165.00Sep 1825.5028.10$26.809.7%10.97473
$167.50Sep 1823.0525.65$24.3510.7%10.97276
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Sep 1827.4030.15$28.789.6%--0.99104
$205.00Sep 1813.7016.35$15.0317.6%100.8211
$200.00Sep 189.7512.15$10.9521.9%--0.72373
$197.50Sep 187.8510.70$9.2730.7%20.6723
$200.00Sep 2512.0014.75$13.3820.6%10.6516

Most actively traded options today. High liquidity = easy entry/exit. 100 active (total vol 2.3K, top 418)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 182.202.87$2.5426.4%4180.303.7K
$215.00Sep 180.460.80$0.6354.0%990.09231
$205.00Sep 181.282.08$1.6847.6%800.21553
$190.00Sep 185.456.80$6.1322.0%790.571.9K
$185.00Sep 188.4010.25$9.3219.8%540.712.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 181.001.64$1.3248.5%3700.181.8K
$185.00Sep 182.483.00$2.7419.0%1880.29635
$190.00Sep 183.705.15$4.4332.7%1540.44487
$190.00Sep 256.508.00$7.2520.7%1270.45224
$175.00Sep 180.430.80$0.6259.7%1050.101.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 22 strikes (avg 28.1%, max 43.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$205.00Sep 18Oct 3082.9%57.8%43.3%83758
$200.00Sep 18Oct 3078.2%58.1%34.7%4183.8K
$180.00Sep 18Oct 2374.0%55.9%32.3%81.9K
$185.00Sep 18Oct 3072.6%55.2%31.7%542.0K
$192.50Sep 18Oct 2377.2%59.1%30.6%30288
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$205.00Sep 18Oct 2382.9%58.2%42.3%1111
$187.50Sep 18Oct 2374.8%56.2%33.2%23462
$195.00Sep 18Oct 1676.0%57.3%32.5%12511
$200.00Sep 18Oct 1678.2%59.2%32.1%--385
$192.50Sep 18Oct 2377.2%59.1%30.6%1355

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 140 found (best R:R 4.95, avg 3.99)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$210.00$220.00Oct 16$1.68$8.32$1.6832%4.95$211.68
$192.50$195.00Sep 25$0.45$2.05$0.4550%4.56$192.95
$195.00$200.00Oct 16$1.57$3.43$1.5749%2.18$196.57
$180.00$185.00Oct 16$2.60$2.40$2.6068%0.92$182.60
$187.50$190.00Sep 25$0.92$1.58$0.9260%1.72$188.42
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$165.00$162.50Oct 23$0.17$2.33$0.1719%13.71$164.83
$167.50$165.00Oct 2$0.12$2.38$0.1214%19.83$167.38
$180.00$177.50Sep 25$0.42$2.08$0.4226%4.95$179.58
$185.00$180.00Oct 9$1.58$3.42$1.5838%2.16$183.42
$192.50$190.00Oct 23$1.03$1.47$1.0348%1.43$191.47

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 104 found (best R:R 0.83, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$195.00$197.50Sep 25$1.30$1.30$1.2054%1.08$196.30
$197.50$200.00Oct 23$1.30$1.30$1.2053%1.08$198.80
$195.00$197.50Sep 18$1.02$1.02$1.4858%0.69$196.02
$192.50$195.00Sep 18$1.15$1.15$1.3551%0.85$193.65
$197.50$200.00Sep 25$0.95$0.95$1.5559%0.61$198.45
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$190.00$175.00Oct 30$6.82$6.82$8.1855%0.83$183.18
$187.50$175.00Oct 23$5.10$5.10$7.4058%0.69$182.40
$175.00$165.00Oct 30$2.95$2.95$7.0571%0.42$172.05
$175.00$170.00Oct 9$1.72$1.72$3.2874%0.52$173.28
$175.00$167.50Oct 23$2.35$2.35$5.1571%0.46$172.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 11 found (avg debit $2.48, cheapest $2.02)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$192.50Sep 18Sep 25$2.0277.2%59.8%
$187.50Sep 18Sep 25$2.5874.8%61.6%
$197.50Sep 18Sep 25$2.4474.2%62.2%
$195.00Sep 18Sep 25$2.7276.0%64.8%
$190.00Sep 18Sep 25$2.8572.0%62.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$192.50Sep 18Sep 25$2.8277.2%59.8%
$187.50Sep 18Sep 25$2.4374.8%61.6%
$197.50Sep 18Sep 25$2.3874.2%62.2%
$195.00Sep 18Sep 25$2.6076.0%64.8%
$190.00Sep 18Sep 25$2.8272.0%62.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 49 found (cheapest 5.53% of stock, avg 10.59%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$190.00Sep 18$6.13$4.43$10.56$179.44$200.565.53%
$187.50Sep 18$7.32$3.55$10.87$176.63$198.375.69%
$192.50Sep 18$5.18$5.98$11.16$181.34$203.665.84%
$195.00Sep 18$4.03$7.63$11.66$183.34$206.666.11%
$185.00Sep 18$9.32$2.74$12.06$172.94$197.066.31%
$197.50Sep 18$3.01$9.27$12.28$185.22$209.786.43%
$182.50Sep 18$11.13$2.06$13.19$169.31$195.696.91%
$200.00Sep 18$2.54$10.95$13.49$186.51$213.497.06%
$180.00Sep 18$12.75$1.32$14.07$165.93$194.077.37%
$187.50Sep 25$9.90$5.98$15.88$171.62$203.388.31%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 151 found (cheapest 1.57% of stock, avg 7.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$205.00$180.00Sep 18$1.68$1.32$3.00$177.00$208.00
$205.00$182.50Sep 18$1.68$2.06$3.74$178.76$208.74
$200.00$180.00Sep 18$2.54$1.32$3.86$176.14$203.86
$205.00$185.00Sep 18$1.68$2.74$4.42$180.58$209.42
$200.00$182.50Sep 18$2.54$2.06$4.60$177.90$204.60
$197.50$180.00Sep 18$3.01$1.32$4.33$175.67$201.83
$200.00$185.00Sep 18$2.54$2.74$5.28$179.72$205.28
$197.50$182.50Sep 18$3.01$2.06$5.07$177.43$202.57
$197.50$185.00Sep 18$3.01$2.74$5.75$179.25$203.25
$205.00$187.50Sep 18$1.68$3.55$5.23$182.27$210.23

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 163 found (best R:R 1.66, avg credit $1.11)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
175/178205/208Oct 2$1.56$0.9442%1.66$175.94$206.56
180/182205/208Sep 25$1.50$1.0042%1.50$181.00$206.50
180/182202/205Sep 25$1.59$0.9138%1.75$180.91$204.09
162/165205/208Oct 2$1.16$1.3455%0.87$163.84$206.16
170/175220/225Oct 9$2.39$2.6152%0.92$172.61$222.39
170/172205/208Oct 2$1.29$1.2148%1.07$171.21$206.29
180/182208/210Sep 25$1.35$1.1545%1.17$181.15$208.85
175/178208/210Oct 2$1.36$1.1445%1.19$176.14$208.86
160/162205/208Oct 2$1.03$1.4758%0.70$161.47$206.03
170/172205/208Sep 25$1.03$1.4757%0.70$171.47$206.03

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 98 found (best R:R 24.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$200.00$205.00$210.00Sep 18$0.20$4.8016%24.00
$195.00$200.00$205.00Oct 9$0.23$4.7713%20.74
$215.00$220.00$225.00Sep 25$0.09$4.917%54.56
$210.00$215.00$220.00Sep 18$0.13$4.878%37.46
$170.00$175.00$180.00Oct 16$0.21$4.7911%22.81
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$185.00$187.50$190.00Sep 18$0.07$2.4315%34.71
$190.00$192.50$195.00Sep 18$0.10$2.4015%24.00
$182.50$185.00$187.50Sep 18$0.13$2.3713%18.23
$165.00$170.00$175.00Oct 16$0.26$4.7411%18.23
$160.00$162.50$165.00Sep 25$0.05$2.454%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. 72 found (best net $-1.28, 70 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$200.00$210.001:2Oct 16-$2.83$7.17
$205.00$210.001:2Sep 18-$0.36$4.64
$200.00$205.001:2Sep 18-$0.82$4.18
$210.00$215.001:2Sep 18-$0.24$4.76
$215.00$220.001:2Sep 18-$0.11$4.89
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$220.00$205.001:2Sep 18-$1.28$13.72
$190.00$175.001:2Oct 30-$0.81$14.19
$187.50$175.001:2Oct 23-$1.85$10.65
$205.00$192.501:2Oct 23-$6.33$6.17
$175.00$165.001:2Oct 30-$1.73$8.27

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 49 found (best yield 6.54%, avg 2.61%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$195.00Oct 30$12.500.502.1%6.54%8.64%--29
$200.00Oct 30$10.400.454.7%5.45%10.16%--69
$205.00Oct 30$8.650.407.3%4.53%11.86%3205
$197.50Oct 23$10.950.473.4%5.73%9.14%12
$195.00Oct 23$11.350.492.1%5.94%8.04%--117
$200.00Oct 23$9.300.444.7%4.87%9.59%--199
$192.50Oct 23$12.450.520.8%6.52%7.31%414
$200.00Oct 16$9.200.444.7%4.82%9.53%71.9K
$205.00Oct 23$7.500.397.3%3.93%11.26%--226
$210.00Oct 23$6.350.349.9%3.32%13.28%--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 1,463
Total Puts 1,616
Put/Call Ratio 1.10
Net Difference -153

Prior's Put/Call Breakdown

Total Calls 1,478
Total Puts 389
Put/Call Ratio 0.26
Net Difference 1,089

Prior 7-Day Put/Call Summary

Total Calls 162,224
Total Puts 112,263
Average Put/Call Ratio 0.75
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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Chart Title

Price — Past 7 Days

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