ZS251121P00280000 Option on Zscaler
ZS Stock | USD 284.83 1.83 0.64% |
ZS251121P00280000 is a PUT option contract on Zscaler's common stock with a strick price of 280.0 expiring on 2025-11-21. The contract was not traded in recent days and, as of today, has 70 days remaining before the expiration. The option is currently trading at a bid price of $15.75, and an ask price of $16.1. The implied volatility as of the 12th of September 2025 is 70.0.
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 0.0205% per day over the life of the option. With Zscaler trading at USD 284.83, that is roughly USD 0.0582. 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 0.33%. 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 Name | ZS251121P00280000 |
Expires On | 2025-11-21 |
Days Before Expriration | 70 |
Vega | 0.490932 |
Gamma | 0.009947 |
Theoretical Value | 15.75 |
Open Interest | 152 |
Current Trading Volume | 6.0 |
Strike Price | 280.0 |
Last Traded At | 15.75 |
Current Price Spread | 15.75 | 16.1 |
Rule 16 Daily Up or Down | USD 0.0582 |
Zscaler short PUT Option Greeks
Zscaler's Option Greeks for the contract ending on 2025-11-21 at a strike price of 280.0 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 | -0.467058 | |
Gamma | 0.009947 | |
Theta | -0.097854 | |
Vega | 0.490932 | |
Rho | -0.232038 |
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 264.25 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 280.0, the payoff chart is constant and positive.
Profit |
Zscaler Price At Expiration |
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 Int | Strike Price | Current Spread | Last Price | |||
Put | ZS251121P00460000 | 0 | 460.0 | 179.4 - 182.9 | 179.4 | In |
Put | ZS251121P00450000 | 0 | 450.0 | 169.55 - 172.8 | 169.55 | In |
Put | ZS251121P00440000 | 0 | 440.0 | 159.5 - 162.85 | 159.5 | In |
Put | ZS251121P00430000 | 0 | 430.0 | 149.45 - 152.75 | 149.45 | In |
Put | ZS251121P00420000 | 0 | 420.0 | 139.6 - 142.9 | 139.6 | In |
Put | ZS251121P00410000 | 0 | 410.0 | 129.4 - 132.9 | 129.4 | In |
Put | ZS251121P00400000 | 0 | 400.0 | 119.4 - 122.85 | 119.4 | In |
Put | ZS251121P00390000 | 0 | 390.0 | 109.4 - 112.95 | 109.4 | In |
Put | ZS251121P00380000 | 0 | 380.0 | 99.55 - 102.8 | 73.38 | In |
Put | ZS251121P00370000 | 0 | 370.0 | 89.4 - 92.9 | 89.4 | In |
Put | ZS251121P00340000 | 11 | 340.0 | 59.75 - 63.25 | 71.5 | In |
Put | ZS251121P00330000 | 18 | 330.0 | 52.0 - 52.7 | 51.4 | In |
Put | ZS251121P00320000 | 195 | 320.0 | 43.3 - 43.8 | 42.6 | In |
Put | ZS251121P00310000 | 342 | 310.0 | 35.0 - 35.6 | 34.4 | In |
Put | ZS251121P00300000 | 344 | 300.0 | 27.7 - 28.15 | 27.1 | In |
Put | ZS251121P00290000 | 214 | 290.0 | 21.25 - 21.6 | 21.0 | In |
Put | ZS251121P00280000 | 152 | 280.0 | 15.75 - 16.1 | 15.75 | Out |
Put | ZS251121P00270000 | 1435 | 270.0 | 11.35 - 11.6 | 11.0 | Out |
Put | ZS251121P00260000 | 398 | 260.0 | 7.85 - 8.15 | 7.7 | Out |
Put | ZS251121P00250000 | 386 | 250.0 | 5.25 - 5.5 | 5.05 | Out |
Put | ZS251121P00240000 | 429 | 240.0 | 3.4 - 3.7 | 3.03 | Out |
Put | ZS251121P00230000 | 326 | 230.0 | 2.21 - 2.68 | 2.42 | Out |
Put | ZS251121P00220000 | 271 | 220.0 | 1.21 - 2.01 | 1.5 | Out |
Put | ZS251121P00210000 | 140 | 210.0 | 0.0 - 2.42 | 0.93 | Out |
Put | ZS251121P00200000 | 463 | 200.0 | 0.45 - 1.32 | 0.65 | Out |
Put | ZS251121P00195000 | 90 | 195.0 | 0.01 - 1.27 | 0.62 | Out |
Put | ZS251121P00190000 | 60 | 190.0 | 0.0 - 1.2 | 0.57 | Out |
Put | ZS251121P00185000 | 18 | 185.0 | 0.0 - 1.12 | 1.2 | Out |
Put | ZS251121P00180000 | 38 | 180.0 | 0.0 - 0.98 | 2.06 | Out |
Put | ZS251121P00175000 | 227 | 175.0 | 0.0 - 0.64 | 0.42 | Out |
Put | ZS251121P00170000 | 181 | 170.0 | 0.0 - 0.63 | 0.7 | Out |
Put | ZS251121P00165000 | 82 | 165.0 | 0.0 - 0.82 | 0.5 | Out |
Put | ZS251121P00160000 | 531 | 160.0 | 0.0 - 0.56 | 0.24 | Out |
Put | ZS251121P00155000 | 56 | 155.0 | 0.0 - 0.9 | 0.82 | Out |
Put | ZS251121P00150000 | 21 | 150.0 | 0.0 - 2.21 | 0.69 | Out |
Put | ZS251121P00140000 | 304 | 140.0 | 0.0 - 0.2 | 0.18 | Out |
Put | ZS251121P00135000 | 2 | 135.0 | 0.0 - 0.82 | 0.82 | Out |
Put | ZS251121P00130000 | 15 | 130.0 | 0.0 - 1.76 | 0.05 | Out |
Put | ZS251121P00125000 | 13 | 125.0 | 0.0 - 0.8 | 0.53 | Out |
Put | ZS251121P00120000 | 150 | 120.0 | 0.0 - 0.8 | 0.8 | Out |
Put | ZS251121P00100000 | 302 | 100.0 | 0.0 - 0.33 | 0.09 | Out |
Put | ZS251121P00095000 | 8 | 95.0 | 0.0 - 0.57 | 0.07 | Out |
Put | ZS251121P00085000 | 274 | 85.0 | 0.0 - 0.35 | 0.05 | Out |
Zscaler Corporate Management
Ashwin Kesireddy | Vice Finance | Profile | |
Dali Rajic | Chief Officer | Profile | |
Coelho MBA | Chief Officer | Profile | |
Kevin Rubin | Chief Officer | Profile | |
Mike Rich | Chief Sales | Profile | |
Chris Kozup | Chief Officer | Profile |
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.