Zscaler, Inc. (ZS) Options Volume

8,546 Zscaler, Inc. (ZS) option contracts changed hands in the latest session, at a put/call volume ratio of 0.87. This page tracks how actively ZS options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$176.33
52-week range
$117.63 – $336.33
ATM IV (30d)
77.8%
IV rank
28 / 100
Low
Expected move
±$35.92 (±20.4%)
Put/call OI
0.77
Call-heavy
Max pain
$160
↓ 9.3% below close
Next earnings
Sep 13, 2026

Options Volume & Premium Flow

Total options volume8,546
Call volume4,564
Put volume3,982
Put/call volume ratio0.87
Listed contracts1,544
Call premium traded$4.11M
Put premium traded$4.09M
Premium put/call ratio0.99
Open interest rank (31 day)0 / 100
Skew rank (31 day)60 / 100

ZS Options Volume Trend

053.8K107.6K161.4K215.2KFeb '26May '26Aug '26

ZS total options volume per session, past year.

0.008.3816.7525.1333.51Feb '26May '26Aug '26

ZS put/call volume ratio, past year.

ZS Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
ZS $175 put Jan 15, 2027 $24.30 60.4% 292 752 93.7× avg
ZS $230 call Sep 18, 2026 $2.03 79.9% 794 516 7.8× avg
ZS $250 call Sep 18, 2026 $0.88 79.7% 2,052 512 7.7× avg

With a put/call volume ratio of 0.87, today's trading is roughly balanced between calls and puts. Measured in dollars rather than contracts, $4.11M of call premium and $4.09M of put premium changed hands — the larger premium flow is on the call side. 3 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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ZS Options FAQ

How many ZS options traded today?

8,546 ZS option contracts traded as of Aug 24, 2026 — 4,564 calls and 3,982 puts.

Is there unusual options activity in ZS today?

Yes — 3 contracts are trading at least three times their 30-day average volume as of Aug 24, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.