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ZS Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete ZS options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around ZS.

Latest Data: 2026-08-17 (EDT)
Max Pain Price
60
Exp: 2026-08-21
Gamma Flip
N/A
Gamma Flip (≈60 days)
Put/Call OI Ratio
25.000
Shows put vs call positioning
IV Skew
10.77
Put–call IV difference
Max Pain Price Volatility
σ = 42.95
high volatility
Confidence 56%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. Options Chian

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%

Current DPI is -1(strong-bearish). Bearish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are moderately choppy. Structural constraints from options positioning are relatively light. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2027-06-17 options expiry. 100% confidence

The support levels for ZS are at 179.23, 173.15, and 141.75, while the resistance levels are at 189.65, 195.73, and 227.13. The pivot point, a key reference price for traders, is at 60.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 0.00% 1-day move.


The expected range for the next 4 days is 0.00 0.00 , corresponding to +0.00% / -0.00% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.


Bullish flow suggests upside interest toward 0.00 (0.00% above spot).

Bearish positioning points to downside pressure toward 0.00 (0.00% below spot).


Options flow strength: 0.00 (0–1 scale). ATM Strike: 0.00, Call: 0.00, Put: 0.00, Straddle Cost: 0.00.


Market signals are mixed and less reliable. The short-term gamma flip is near 129.11 .