Tour v526
ZS
ZSCALER INC
$185.48 -0.97%
8/28 15:24

Option Volume

Detail
Current (08/28) 18,437
Calls: 8,789 (48%)
Puts: 9,648 (52%)
Prior (08/27) 27,593
Calls: 18,109 (66%)
Puts: 9,484 (34%)
Current vs Prior -33.18%
Calls: -51.47% (Calls)
Puts: +1.73% (Puts)
Prior 7-Day Total 105,871
Calls: 63,182 (60%)
Puts: 42,689 (40%)
Prior 7-Day Average 15,124
Calls: 9,026 (60%)
Puts: 6,098 (40%)
Current vs Prior 7-Day Avg +21.90%
Calls: -2.63%
Puts: +58.20%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28) $10.79M
Calls: $6.28M (58%)
Puts: $4.51M (42%)
Prior (08/27) $18.47M
Calls: $15.15M (82%)
Puts: $3.32M (18%)
Current vs Prior -41.59%
Calls: -58.56%
Puts: +35.84%
Prior 7-Day Total $72.81M
Calls: $51.71M (71%)
Puts: $21.10M (29%)
Prior 7-Day Average $10.40M
Calls: $7.39M (71%)
Puts: $3.01M (29%)
Current vs Prior 7-Day Avg +3.70%
Calls: -15.01%
Puts: +49.56%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/28) 1.10
Prior (08/27) 0.52
Current vs Prior +109.60%
Prior 7-Day Average 0.79
Current vs Prior 7-Day Avg +39.30%
Sentiment BEARISH

Open Interest

Detail
Current (08/28) 212,685
Calls: 114,561 (54%)
Puts: 98,124 (46%)
Prior (08/27) 133,931
Calls: 80,094 (60%)
Puts: 53,837 (40%)
Current vs Prior +58.80%
Prior 7-Day Total 783,102
Calls: 467,714 (60%)
Puts: 315,388 (40%)
Prior 7-Day Average 111,871
Calls: 66,816 (60%)
Puts: 45,055 (40%)
Current vs Prior 7-Day Avg +90.12%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 2.01% | 14.20%16.01% | 20.30%
Prior 3.17% | 14.44%16.83% | 21.57%
Current vs Prior -36.59% | -1.71%-4.88% | -5.89%
Prior 7-Day Avg 4.52% | 11.69%9.31% | 19.33%
Current vs 7-Day Avg -55.50% | +21.48%+71.93% | +5.00%
Prior 7-Day Eod 3.17% | 14.44%16.83% | 21.57%
Current vs 7-Day Eod -36.59% | -1.71%-4.88% | -5.89%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 76.75% | 7.80%
Calls: 71.76% | 8.28%
Puts: 81.75% | 7.33%
Prior 38.52% | 10.18%
Calls: 30.38% | 4.98%
Puts: 46.67% | 15.38%
Current vs Prior +99.25% | -23.38%
Prior 7-Day Avg 10.25% | 8.59%
Calls: 9.35% | 7.30%
Puts: 11.16% | 9.89%
Current vs 7-Day Avg +648.68% | -9.24%
Liquidity Expensive
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🤖 AI Insights

Slightly bearish P/C ratio of 1.10. P/C ratio rising 110% - increased hedging/bearish positioning. Rising open interest (up 59%) indicates new positions being established.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
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 NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg 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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 101 of results (avg 7.8%, best 4.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$187.50Sep 1813.1513.75$13.454.5%230.5131
$170.00Sep 1822.5523.75$23.155.2%810.70472
$150.00Sep 1836.9538.95$37.955.3%20.88810
$180.00Sep 1816.4017.40$16.905.9%200.591.4K
$187.50Sep 2513.7014.55$14.136.0%40.5210
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$212.50Sep 430.2532.00$31.135.6%200.75--
$190.00Sep 2516.8017.80$17.305.8%30.512
$182.50Sep 410.5511.20$10.886.0%170.4346
$210.00Sep 1829.6531.55$30.606.2%--0.70177
$220.00Sep 1837.7040.20$38.956.4%--0.78476

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. 96 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$162.50Aug 2821.6523.70$22.679.0%21.0033
$165.00Aug 2818.7520.95$19.8511.1%181.00104
$167.50Aug 2816.6518.75$17.7011.9%11.00142
$170.00Aug 2814.2516.10$15.1812.2%531.00390
$175.00Aug 289.2511.10$10.1818.2%571.00371
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 2813.8015.85$14.8313.8%--0.9930
$192.50Aug 286.308.35$7.3228.0%--0.9613
$195.00Aug 288.8011.35$10.0725.3%20.956
$190.00Aug 283.855.85$4.8541.2%70.9288
$187.50Aug 281.703.85$2.7877.3%380.89147

Most actively traded options today. High liquidity = easy entry/exit. 191 active (total vol 11.2K, top 1.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Aug 280.010.20$0.11172.7%1.3K0.07832
$187.50Aug 280.020.15$0.09144.4%1.2K0.11505
$205.00Sep 45.306.10$5.7014.0%8010.31123
$185.00Aug 280.641.25$0.9564.2%4160.60284
$200.00Sep 46.607.35$6.9810.7%2770.36926
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Aug 280.000.04$0.02200.0%1.4K0.02443
$165.00Sep 43.954.25$4.107.3%2940.21206
$185.00Aug 280.400.65$0.5347.2%2500.41643
$170.00Sep 45.406.00$5.7010.5%1700.27136
$185.00Sep 411.7012.50$12.106.6%1240.46132

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 37.1%, max 42.1%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 28Oct 298.0%69.0%42.1%422289
$207.50Sep 4Sep 11122.8%93.2%31.8%726
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 28Sep 2598.0%71.3%37.5%254672

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 165 found (best R:R 4.41, avg 2.37)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$210.00$220.00Oct 2$1.85$8.15$1.8533%4.41$211.85
$200.00$205.00Oct 2$1.10$3.90$1.1040%3.55$201.10
$170.00$175.00Sep 25$2.65$2.35$2.6570%0.89$172.65
$190.00$200.00Oct 2$3.73$6.27$3.7350%1.68$193.73
$200.00$205.00Sep 18$1.13$3.87$1.1338%3.42$201.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$155.00$152.50Oct 2$0.13$2.37$0.1317%18.23$154.87
$195.00$192.50Sep 4$1.30$1.20$1.3058%0.92$193.70
$165.00$160.00Oct 9$1.10$3.90$1.1026%3.55$163.90
$185.00$182.50Aug 28$0.36$2.14$0.3641%5.94$184.64
$195.00$192.50Sep 11$1.35$1.15$1.3557%0.85$193.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 120 found (best R:R 0.94, avg 0.50)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$215.00$220.00Aug 28$1.05$1.05$3.9589%0.27$216.05
$205.00$210.00Aug 28$1.02$1.02$3.9886%0.26$206.02
$212.50$215.00Sep 4$1.13$1.13$1.3775%0.82$213.63
$197.50$200.00Aug 28$0.23$0.23$2.2793%0.10$197.73
$220.00$222.50Sep 4$0.51$0.51$1.9982%0.26$220.51
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$170.00$165.00Oct 9$2.42$2.42$2.5869%0.94$167.58
$157.50$155.00Oct 2$1.15$1.15$1.3580%0.85$156.35
$152.50$150.00Oct 2$1.00$1.00$1.5084%0.67$151.50
$180.00$170.00Oct 9$4.10$4.10$5.9060%0.69$175.90
$180.00$177.50Oct 2$1.48$1.48$1.0260%1.45$178.52

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $8.31, cheapest $1.63)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$185.00Aug 28Sep 4$11.7398.0%120.3%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$205.00Sep 4Sep 18$1.63122.8%83.7%
$185.00Aug 28Sep 4$11.5798.0%120.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 61 found (cheapest 0.80% of stock, avg 13.01%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$185.00Aug 28$0.95$0.53$1.48$183.52$186.480.80%
$187.50Aug 28$0.09$2.78$2.87$184.63$190.371.55%
$182.50Aug 28$3.05$0.17$3.22$179.28$185.721.74%
$190.00Aug 28$0.11$4.85$4.96$185.04$194.962.67%
$180.00Aug 28$5.48$0.02$5.50$174.50$185.502.97%
$192.50Aug 28$0.06$7.32$7.38$185.12$199.883.98%
$177.50Aug 28$7.80$0.03$7.83$169.67$185.334.22%
$195.00Aug 28$0.10$10.07$10.17$184.83$205.175.48%
$175.00Aug 28$10.18$0.03$10.21$164.79$185.215.50%
$172.50Aug 28$12.78$0.24$13.02$159.48$185.527.02%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.14% of stock, avg 9.96%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$187.50$182.50Aug 28$0.09$0.17$0.26$182.24$187.76
$190.00$182.50Aug 28$0.11$0.17$0.28$182.22$190.28
$187.50$185.00Aug 28$0.09$0.53$0.62$184.38$188.12
$190.00$185.00Aug 28$0.11$0.53$0.64$184.36$190.64
$187.50$160.00Aug 28$0.09$1.07$1.16$158.84$188.66
$187.50$157.50Aug 28$0.09$1.07$1.16$156.34$188.66
$187.50$155.00Aug 28$0.09$1.07$1.16$153.84$188.66
$190.00$155.00Aug 28$0.11$1.07$1.18$153.82$191.18
$190.00$157.50Aug 28$0.11$1.07$1.18$156.32$191.18
$190.00$160.00Aug 28$0.11$1.07$1.18$158.82$191.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 141 found (best R:R 4.95, avg credit $1.64)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
170/172212/215Sep 4$2.08$0.4244%4.95$170.42$214.58
168/170212/215Sep 4$2.00$0.5047%4.00$168.00$214.50
150/152212/215Sep 4$1.55$0.9564%1.63$150.95$214.05
160/162212/215Sep 4$1.73$0.7756%2.25$160.77$214.23
165/168212/215Sep 4$1.86$0.6450%2.91$165.64$214.36
162/165212/215Sep 4$1.78$0.7253%2.47$163.22$214.28
152/155212/215Sep 4$1.53$0.9762%1.58$153.47$214.03
155/158212/215Sep 4$1.52$0.9860%1.55$155.98$214.02
172/175212/215Sep 4$1.98$0.5241%3.81$173.02$214.48
158/160212/215Sep 4$1.54$0.9658%1.60$158.46$214.04

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 95 found (best R:R 10.90, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$180.00$182.50$185.00Aug 28$0.33$2.1740%6.58
$182.50$185.00$187.50Aug 28$1.24$1.2677%1.02
$185.00$187.50$190.00Aug 28$0.88$1.6252%1.84
$180.00$182.50$185.00Sep 11$0.08$2.426%30.25
$150.00$155.00$160.00Sep 18$0.19$4.817%25.32
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$180.00$182.50$185.00Aug 28$0.21$2.2939%10.90
$195.00$200.00$205.00Sep 18$0.22$4.789%21.73
$167.50$170.00$172.50Sep 4$0.08$2.426%30.25
$162.50$165.00$167.50Sep 4$0.08$2.425%30.25
$177.50$180.00$182.50Aug 28$0.16$2.3411%14.62

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 59 found (best net $-8.07, 50 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$150.00$170.001:2Sep 25-$8.07$11.93
$180.00$182.501:2Aug 28-$0.62$1.88
$190.00$192.501:2Aug 28-$0.01$2.49
$187.50$190.001:2Aug 28-$0.13$2.37
$192.50$195.001:2Aug 28-$0.14$2.36
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$190.00$187.501:2Aug 28-$0.71$1.79
$192.50$190.001:2Aug 28-$2.38$0.12
$165.00$162.501:2Aug 28$0.00$2.50
$177.50$175.001:2Aug 28-$0.03$2.47
$180.00$177.501:2Aug 28-$0.04$2.46

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 53 found (best yield 7.63%, avg 4.17%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$190.00Oct 9$14.150.502.4%7.63%10.07%2--
$187.50Oct 2$14.650.521.1%7.90%8.99%13
$190.00Oct 2$13.300.502.4%7.17%9.61%137
$200.00Oct 2$9.600.407.8%5.18%13.00%--47
$195.00Sep 25$10.750.445.1%5.80%10.93%1733
$205.00Oct 2$7.850.3610.5%4.23%14.76%--10
$190.00Sep 25$12.600.492.4%6.79%9.23%815
$197.50Sep 25$9.750.426.5%5.26%11.74%12
$210.00Oct 2$6.700.3313.2%3.61%16.83%--19
$187.50Sep 25$13.700.521.1%7.39%8.48%410

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 8,789
Total Puts 9,648
Put/Call Ratio 1.10
Net Difference -859

Prior's Put/Call Breakdown

Total Calls 18,109
Total Puts 9,484
Put/Call Ratio 0.52
Net Difference 8,625

Prior 7-Day Put/Call Summary

Total Calls 63,182
Total Puts 42,689
Average Put/Call Ratio 0.79
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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