Zscaler Inc. (ZS)
Zscaler Max Pain By Strike
ZS trades at $277.17, pinned near the near-term max pain of $280 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($200-$310), reflecting growing call interest at higher strikes. Key magnetic zone at 280 where 4 expirations converge.
Zscaler Max Pain By Expiry
Max pain for ZS shows an upward trend from 200 to 310, suggesting bullish positioning in longer-dated options. The 42% spread signals divergent expectations across timeframes. Levels distributed around 277.17. Strong magnetic level at 280 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 22, 2025 | 280 | 2.83 (1.02%) |
| Aug 29, 2025 | 285 | 7.83 (2.82%) |
| Sep 5, 2025 | 275 | -2.17 (-0.78%) |
| Sep 12, 2025 | 280 | 2.83 (1.02%) |
| Sep 19, 2025 | 260 | -17.17 (-6.19%) |
| Sep 26, 2025 | 260 | -17.17 (-6.19%) |
| Oct 17, 2025 | 280 | 2.83 (1.02%) |
| Nov 21, 2025 | 270 | -7.17 (-2.59%) |
| Jan 16, 2026 | 240 | -37.17 (-13.41%) |
| Feb 20, 2026 | 310 | 32.83 (11.84%) |
| Mar 20, 2026 | 260 | -17.17 (-6.19%) |
| May 15, 2026 | 280 | 2.83 (1.02%) |
| Jun 18, 2026 | 220 | -57.17 (-20.63%) |
| Sep 18, 2026 | 290 | 12.83 (4.63%) |
| Dec 18, 2026 | 200 | -77.17 (-27.84%) |
| Jan 15, 2027 | 230 | -47.17 (-17.02%) |