ZS - Options Database

ZSCALER INC

$193.05 -10.06%

$193.20 (+0.08%)🌙

as of 09/25 07:10 PM

(9/24 19:24) ◀

Friday, September 25, 2026 (7:10pm)

▶

◀ 9/25 19:10

Option Volume

Detail

ℹ

Current (09/25) 51,029

Calls: 32,755 (64%)

Puts: 18,274 (36%)

Prior (09/24) 9,034

Calls: 5,572 (62%)

Puts: 3,462 (38%)

Current vs Prior +464.85%

Calls: +487.85% (Calls)

Puts: +427.85% (Puts)

Prior 7-Day Total 151,347

Calls: 101,429 (67%)

Puts: 49,918 (33%)

Prior 7-Day Average 21,621

Calls: 14,489 (67%)

Puts: 7,131 (33%)

Current vs Prior 7-Day Avg +136.02%

Calls: +126.05%

Puts: +156.26%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/25) $35.75M

Calls: $22.38M (63%)

Puts: $13.37M (37%)

Prior (09/24) $10.61M

Calls: $7.77M (73%)

Puts: $2.84M (27%)

Current vs Prior +237.01%

Calls: +188.18%

Puts: +370.49%

Prior 7-Day Total $132.14M

Calls: $81.38M (62%)

Puts: $50.76M (38%)

Prior 7-Day Average $18.88M

Calls: $11.63M (62%)

Puts: $7.25M (38%)

Current vs Prior 7-Day Avg +89.41%

Calls: +92.54%

Puts: +84.39%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/25) 0.56

Prior (09/24) 0.62

Current vs Prior -10.21%

Prior 7-Day Average 0.54

Current vs Prior 7-Day Avg +2.41%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/25) 145,597

Calls: 86,217 (59%)

Puts: 59,380 (41%)

Prior (09/24) 109,735

Calls: 70,190 (64%)

Puts: 39,545 (36%)

Current vs Prior +32.68%

Prior 7-Day Total 899,285

Calls: 570,899 (63%)

Puts: 328,386 (37%)

Prior 7-Day Average 128,469

Calls: 81,557 (63%)

Puts: 46,912 (37%)

Current vs Prior 7-Day Avg +13.33%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 1.79% | 6.65%11.43% | 18.50%

Prior 2.62% | 6.97%11.61% | 20.43%

Current vs Prior +153.82% | +41.30%-1.62% | -9.48%

Prior 7-Day Avg 4.86% | 7.88%7.25% | 15.99%

Current vs 7-Day Avg +36.66% | +24.90%+57.72% | +15.69%

Prior 7-Day Eod 2.62% | 6.97%11.61% | 20.43%

Current vs 7-Day Eod +153.82% | +41.30%-1.62% | -9.48%

Sentiment BEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 17.84% | 10.34%

Calls: 26.07% | 11.63%

Puts: 9.62% | 9.05%

Prior 17.84% | 10.34%

Calls: 26.07% | 11.63%

Puts: 9.62% | 9.05%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 12.46% | 9.16%

Calls: 16.96% | 9.85%

Puts: 7.95% | 8.46%

Current vs 7-Day Avg +43.21% | +12.92%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 63% call dollar volume ($22.38M). Massive premium surge with dollar volume up 237% vs prior. Dollar volume significantly above 7-day average (89% higher). Unusually high activity with volume up 465% vs prior - elevated interest.

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 BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

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⚡ Straddles

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⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 40 of results (avg 7.7%, best 3.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Oct 16	4.40	4.55	$4.47	3.4%	656	0.29	1.1K
$195.00	Oct 16	9.35	9.85	$9.60	5.2%	203	0.50	200
$155.00	Oct 9	37.70	39.85	$38.78	5.5%	1	0.93	24
$192.50	Oct 2	6.00	6.35	$6.18	5.7%	92	0.54	532
$200.00	Oct 16	7.35	7.80	$7.57	5.9%	1.4K	0.43	2.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Oct 30	16.25	16.80	$16.52	3.3%	16	0.54	27
$190.00	Oct 16	8.05	8.50	$8.28	5.4%	562	0.42	830
$210.00	Oct 16	20.35	21.70	$21.03	6.4%	58	0.71	296
$192.50	Oct 16	9.40	10.05	$9.73	6.7%	71	0.46	77
$220.00	Oct 30	29.50	31.80	$30.65	7.5%	1	0.74	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.36, cheapest $0.26)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Oct 2	0.43	0.51	$0.47	17.0%	282	0.07	145

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$170.00	Oct 2	0.24	0.28	$0.26	15.4%	176	0.04	117

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 127 found (avg delta 0.77, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Sep 25	32.70	34.85	$33.78	6.4%	13	1.00	27
$170.00	Sep 25	22.05	25.00	$23.53	12.5%	14	1.00	74
$177.50	Sep 25	14.35	16.65	$15.50	14.8%	1	1.00	--
$165.00	Sep 25	27.20	29.90	$28.55	9.5%	6	1.00	32
$180.00	Sep 25	12.10	14.60	$13.35	18.7%	37	1.00	339

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Sep 25	1.57	2.46	$2.02	44.1%	1.2K	1.00	318
$197.50	Sep 25	3.60	4.95	$4.28	31.5%	431	1.00	207
$200.00	Sep 25	6.10	7.45	$6.78	19.9%	396	1.00	288
$205.00	Sep 25	10.55	12.90	$11.73	20.0%	78	1.00	185
$207.50	Sep 25	12.90	15.40	$14.15	17.7%	28	1.00	348

Most actively traded options today. High liquidity = easy entry/exit. 315 active (total vol 38.5K, top 2.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 25	0.00	0.01	$0.01	100.0%	2.7K	0.01	311
$197.50	Sep 25	0.00	0.01	$0.01	100.0%	2.6K	0.01	419
$200.00	Oct 2	3.10	3.35	$3.23	7.7%	1.7K	0.34	361
$202.50	Sep 25	0.00	1.00	$0.50	200.0%	1.5K	0.13	558
$200.00	Oct 16	7.35	7.80	$7.57	5.9%	1.4K	0.43	2.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$192.50	Sep 25	0.20	0.31	$0.26	42.3%	1.2K	0.27	190
$195.00	Sep 25	1.57	2.46	$2.02	44.1%	1.2K	1.00	318
$177.50	Oct 2	0.24	1.00	$0.62	122.6%	838	0.10	140
$180.00	Oct 16	3.75	4.55	$4.15	19.3%	677	0.26	968
$190.00	Sep 25	0.00	0.05	$0.03	166.7%	676	0.03	592

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 115.6%, max 117.3%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$192.50	Sep 25	Oct 30	113.6%	52.3%	117.3%	82	167
$195.00	Sep 25	Nov 6	113.1%	53.3%	112.2%	866	412

PUTS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$192.50	Sep 25	Oct 30	113.6%	52.3%	117.3%	1.2K	190

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 181 found (best R:R 0.51, avg 3.89)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$165.00	$185.00	Nov 6	$13.26	$6.74	$13.26	84%	0.51	$178.26
$185.00	$195.00	Nov 6	$4.97	$5.03	$4.97	64%	1.01	$189.97
$180.00	$185.00	Oct 30	$2.60	$2.40	$2.60	70%	0.92	$182.60
$225.00	$230.00	Oct 30	$0.45	$4.55	$0.45	23%	10.11	$225.45
$202.50	$205.00	Oct 23	$0.42	$2.08	$0.42	41%	4.95	$202.92

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$197.50	$195.00	Oct 9	$0.55	$1.95	$0.55	55%	3.55	$196.95
$195.00	$192.50	Oct 23	$0.55	$1.95	$0.55	49%	3.55	$194.45
$187.50	$185.00	Oct 16	$0.55	$1.95	$0.55	38%	3.55	$186.95
$205.00	$202.50	Oct 16	$1.25	$1.25	$1.25	64%	1.00	$203.75
$197.50	$195.00	Oct 2	$1.18	$1.32	$1.18	60%	1.12	$196.32

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 138 found (best R:R 4.56, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$227.50	$230.00	Sep 25	$0.92	$0.92	$1.58	90%	0.58	$228.42
$227.50	$230.00	Oct 2	$0.61	$0.61	$1.89	90%	0.32	$228.11
$202.50	$205.00	Sep 25	$0.49	$0.49	$2.01	87%	0.24	$202.99
$205.00	$210.00	Oct 23	$2.13	$2.13	$2.87	62%	0.74	$207.13
$207.50	$210.00	Oct 30	$1.30	$1.30	$1.20	62%	1.08	$208.80

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$192.50	$190.00	Oct 23	$2.05	$2.05	$0.45	54%	4.56	$190.45
$180.00	$177.50	Oct 23	$1.30	$1.30	$1.20	71%	1.08	$178.70
$180.00	$177.50	Oct 30	$1.25	$1.25	$1.25	70%	1.00	$178.75
$190.00	$187.50	Oct 16	$1.53	$1.53	$0.97	58%	1.58	$188.47
$172.50	$170.00	Oct 23	$0.89	$0.89	$1.61	80%	0.55	$171.61

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 79 found (cheapest 0.88% of stock, avg 9.89%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$192.50	Sep 25	$1.43	$0.26	$1.69	$190.81	$194.19	0.88%
$195.00	Sep 25	$0.20	$2.02	$2.22	$192.78	$197.22	1.15%
$190.00	Sep 25	$3.34	$0.03	$3.37	$186.63	$193.37	1.75%
$197.50	Sep 25	$0.01	$4.28	$4.29	$193.21	$201.79	2.22%
$187.50	Sep 25	$5.90	$0.01	$5.91	$181.59	$193.41	3.06%
$200.00	Sep 25	$0.01	$6.78	$6.79	$193.21	$206.79	3.52%
$185.00	Sep 25	$8.50	$0.19	$8.69	$176.31	$193.69	4.50%
$202.50	Sep 25	$0.50	$9.53	$10.03	$192.47	$212.53	5.20%
$182.50	Sep 25	$10.95	$0.05	$11.00	$171.50	$193.50	5.70%
$192.50	Oct 2	$6.18	$5.23	$11.41	$181.09	$203.91	5.91%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 156 found (cheapest 0.20% of stock, avg 7.64%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$195.00	$185.00	Sep 25	$0.20	$0.19	$0.39	$184.61	$195.39
$195.00	$192.50	Sep 25	$0.20	$0.26	$0.46	$192.04	$195.46
$202.50	$185.00	Sep 25	$0.50	$0.19	$0.69	$184.31	$203.19
$202.50	$192.50	Sep 25	$0.50	$0.26	$0.76	$191.74	$203.26
$227.50	$185.00	Sep 25	$1.07	$0.19	$1.26	$183.74	$228.76
$227.50	$192.50	Sep 25	$1.07	$0.26	$1.33	$191.17	$228.83
$205.00	$182.50	Oct 2	$1.98	$1.60	$3.58	$178.92	$208.58
$202.50	$182.50	Oct 2	$2.51	$1.60	$4.11	$178.39	$206.61
$205.00	$185.00	Oct 2	$1.98	$2.54	$4.52	$180.48	$209.52
$202.50	$185.00	Oct 2	$2.51	$2.54	$5.05	$179.95	$207.55

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 256 found (best R:R 4.81, avg credit $1.12)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
178/180	222/225	Oct 23	$2.07	$0.43	48%	4.81	$177.93	$224.57
178/180	228/230	Oct 23	$1.94	$0.56	52%	3.46	$178.06	$229.44
182/185	228/230	Sep 25	$1.06	$1.44	83%	0.74	$183.94	$228.56
170/172	222/225	Oct 23	$1.66	$0.84	57%	1.98	$170.84	$224.16
170/172	228/230	Oct 23	$1.53	$0.97	61%	1.58	$170.97	$229.03
162/165	222/225	Oct 23	$1.32	$1.18	65%	1.12	$163.68	$223.82
155/158	222/225	Oct 23	$1.18	$1.32	70%	0.89	$156.32	$223.68
178/180	215/218	Oct 23	$1.84	$0.66	43%	2.79	$178.16	$216.84
182/185	212/215	Oct 16	$1.97	$0.53	38%	3.72	$183.03	$214.47
182/185	218/220	Oct 16	$1.84	$0.66	43%	2.79	$183.16	$219.34

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 135 found (best R:R 4.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$190.00	$192.50	$195.00	Sep 25	$0.68	$1.82	76%	2.68
$192.50	$195.00	$197.50	Sep 25	$1.04	$1.46	76%	1.40
$195.00	$197.50	$200.00	Sep 25	$0.19	$2.31	21%	12.16
$197.50	$200.00	$202.50	Oct 2	$0.08	$2.42	12%	30.25
$170.00	$175.00	$180.00	Oct 16	$0.26	$4.74	12%	18.23

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$192.50	$195.00	$197.50	Sep 25	$0.50	$2.00	73%	4.00
$190.00	$192.50	$195.00	Sep 25	$1.53	$0.97	97%	0.63
$190.00	$195.00	$200.00	Nov 6	$0.12	$4.88	11%	40.67
$187.50	$190.00	$192.50	Sep 25	$0.21	$2.29	27%	10.90
$155.00	$160.00	$165.00	Nov 6	$0.05	$4.95	6%	99.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 111 found (best net $-7.86, 96 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$155.00	$175.00	1:2	Oct 30	-$7.86	$12.14
$165.00	$185.00	1:2	Nov 6	-$6.26	$13.74
$187.50	$190.00	1:2	Sep 25	-$0.78	$1.72
$222.50	$225.00	1:2	Oct 2	-$0.01	$2.49
$197.50	$200.00	1:2	Sep 25	-$0.01	$2.49

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$225.00	$210.00	1:2	Oct 16	-$8.86	$6.14
$200.00	$197.50	1:2	Sep 25	-$1.78	$0.72
$160.00	$155.00	1:2	Oct 16	-$0.15	$4.85
$180.00	$177.50	1:2	Sep 25	-$0.01	$2.49
$165.00	$160.00	1:2	Sep 25	-$0.01	$4.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 78 found (best yield 6.19%, avg 2.38%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$197.50	Nov 6	$11.95	0.51	2.3%	6.19%	8.50%	5	--
$195.00	Nov 6	$13.05	0.53	1.0%	6.76%	7.77%	22	--
$210.00	Nov 6	$7.55	0.38	8.8%	3.91%	12.69%	6	1
$205.00	Nov 6	$8.70	0.43	6.2%	4.51%	10.70%	3	--
$200.00	Nov 6	$10.45	0.48	3.6%	5.41%	9.01%	34	--
$207.50	Nov 6	$8.00	0.40	7.5%	4.14%	11.63%	3	--
$215.00	Nov 6	$6.00	0.34	11.4%	3.11%	14.48%	2	--
$200.00	Oct 30	$9.85	0.46	3.6%	5.10%	8.70%	88	80
$197.50	Oct 30	$10.85	0.49	2.3%	5.62%	7.93%	5	--
$217.50	Nov 6	$5.10	0.32	12.7%	2.64%	15.31%	1	--

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 32,755

Total Puts 18,274

Put/Call Ratio 0.56

Net Difference 14,481

Prior's Put/Call Breakdown

Total Calls 5,572

Total Puts 3,462

Put/Call Ratio 0.62

Net Difference 2,110

Prior 7-Day Put/Call Summary

Total Calls 101,429

Total Puts 49,918

Average Put/Call Ratio 0.54

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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📈 Options Analysis

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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