ZS251121P00175000 Option on Zscaler

ZS Stock  USD 283.19  3.47  1.21%   
ZS251121P00175000 is a PUT option contract on Zscaler's common stock with a strick price of 175.0 expiring on 2025-11-21. The contract was not traded in recent days and, as of today, has 68 days remaining before the expiration. The option is currently trading at a bid price of $0.07, and an ask price of $0.75. The implied volatility as of the 14th of September 2025 is 68.0.
When exercised, put options on Zscaler produce a short position in Zscaler Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Zscaler's downside price movement.

Rule 16 of 2025-11-21 Option Contract

The options market is anticipating that Zscaler will have an average daily up or down price movement of about 0.0345% per day over the life of the option. With Zscaler trading at USD 283.19, that is roughly USD 0.0978. If you think that the market is fully understating Zscaler's daily price movement you should consider buying Zscaler options at that current volatility level of 0.55%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Zscaler

An 'Out of The Money' option on Zscaler has a strike price that Zscaler Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Zscaler's 'Out of The Money' options include buying the options if you expect a big move in Zscaler's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract NameZS251121P00175000
Expires On2025-11-21
Days Before Expriration68
Vega0.048227
Gamma5.76E-4
Theoretical Value0.41
Open Interest227
Strike Price175.0
Last Traded At0.42
Current Price Spread0.07 | 0.75
Rule 16 Daily Up or DownUSD 0.0978

Zscaler short PUT Option Greeks

Zscaler's Option Greeks for the contract ending on 2025-11-21 at a strike price of 175.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Zscaler's option greeks, its implied volatility helps estimate the risk of Zscaler stock implied by the prices of the options on Zscaler's stock.
Delta-0.015596
Gamma5.76E-4
Theta-0.018784
Vega0.048227
Rho-0.008566

Zscaler long PUT Option Payoff at expiration

Put options written on Zscaler grant holders of the option the right to sell a specified amount of Zscaler at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Zscaler Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Zscaler is like buying insurance aginst Zscaler's downside shift.
   Profit   
       Zscaler Price At Expiration  

Zscaler short PUT Option Payoff at expiration

By selling Zscaler's put option, the investors signal their bearish sentiment. A short position in a put option written on Zscaler will generally make money when the underlying price is above the strike price. Therefore Zscaler's put payoff at expiration depends on where the Zscaler Stock price is relative to the put option strike price. The breakeven price of 174.59 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Zscaler's price. Finally, at the strike price of 175.0, the payoff chart is constant and positive.
   Profit   
       Zscaler Price At Expiration  
View All Zscaler Options

Zscaler Available Put Options

Zscaler's option chain is a display of a range of information that helps investors for ways to trade options on Zscaler. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Zscaler. It also shows strike prices and maturity days for a Zscaler against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
 Put
ZS251121P004600000460.0174.95 - 178.55174.95In
 Put
ZS251121P004500000450.0164.95 - 168.55164.95In
 Put
ZS251121P004400000440.0155.1 - 158.45155.1In
 Put
ZS251121P004300000430.0145.1 - 148.55145.1In
 Put
ZS251121P004200000420.0135.1 - 138.6135.1In
 Put
ZS251121P004100000410.0125.0 - 128.6125.0In
 Put
ZS251121P004000000400.0115.0 - 118.55115.0In
 Put
ZS251121P003900000390.0105.15 - 108.6105.15In
 Put
ZS251121P003800000380.095.0 - 98.673.38In
 Put
ZS251121P003700000370.085.15 - 88.685.15In
 Put
ZS251121P0034000011340.055.95 - 59.471.5In
 Put
ZS251121P0033000017330.048.25 - 48.9551.4In
 Put
ZS251121P00320000201320.039.75 - 40.437.3In
 Put
ZS251121P00310000342310.031.95 - 32.5529.8In
 Put
ZS251121P00300000340300.025.15 - 25.5519.95In
 Put
ZS251121P00290000202290.019.15 - 19.619.0In
 Put
ZS251121P00280000153280.014.15 - 14.414.15Out
 Put
ZS251121P002700001420270.010.05 - 10.3510.17Out
 Put
ZS251121P00260000612260.06.95 - 7.27.02Out
 Put
ZS251121P00250000546250.04.65 - 4.94.75Out
 Put
ZS251121P00240000422240.02.75 - 3.153.0Out
 Put
ZS251121P00230000313230.01.64 - 2.091.95Out
 Put
ZS251121P00220000271220.01.0 - 1.331.24Out
 Put
ZS251121P00210000140210.00.01 - 1.20.93Out
 Put
ZS251121P00200000453200.00.0 - 1.460.5Out
 Put
ZS251121P0019500090195.00.17 - 1.410.62Out
 Put
ZS251121P0019000060190.00.0 - 1.350.57Out
 Put
ZS251121P0018500018185.00.0 - 0.950.4Out
 Put
ZS251121P0018000038180.00.0 - 0.952.06Out
 Put
ZS251121P00175000227175.00.07 - 0.750.42Out
 Put
ZS251121P00170000181170.00.05 - 1.340.7Out
 Put
ZS251121P0016500082165.00.0 - 0.950.5Out
 Put
ZS251121P00160000531160.00.0 - 1.120.24Out
 Put
ZS251121P0015500056155.00.0 - 1.10.82Out
 Put
ZS251121P0015000021150.00.0 - 1.120.69Out
 Put
ZS251121P00140000304140.00.0 - 0.080.18Out
 Put
ZS251121P001350002135.00.0 - 0.820.82Out
 Put
ZS251121P0013000015130.00.0 - 2.160.05Out
 Put
ZS251121P0012500013125.00.0 - 2.160.53Out
 Put
ZS251121P00120000150120.00.0 - 0.950.95Out
 Put
ZS251121P00100000302100.00.0 - 0.950.09Out
 Put
ZS251121P00095000895.00.0 - 1.160.07Out
 Put
ZS251121P0008500027485.00.0 - 0.040.05Out

Zscaler Corporate Management

Ashwin KesireddyVice FinanceProfile
Dali RajicChief OfficerProfile
Coelho MBAChief OfficerProfile
Kevin RubinChief OfficerProfile
Mike RichChief SalesProfile
Chris KozupChief OfficerProfile

Additional Tools for Zscaler Stock Analysis

When running Zscaler's price analysis, check to measure Zscaler's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zscaler is operating at the current time. Most of Zscaler's value examination focuses on studying past and present price action to predict the probability of Zscaler's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zscaler's price. Additionally, you may evaluate how the addition of Zscaler to your portfolios can decrease your overall portfolio volatility.