Zscaler Eyes Cybersecurity Rally Ahead of Earnings; Options Trade Example


Rick Ducat examines ZS’s lagging price action, resistance tests, and outlines an example options trade ahead of earnings.

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What stands out

Schwab Network's Options Corner put ZScaler's earnings on center stage, arguing the cybersecurity rally that CrowdStrike (CRWD) and Palo Alto Networks (PANW) helped build needs a fresh confirmation. Rick Ducat pointed out ZScaler's lagging price action and nearby resistance, then walked through an options example to play the binary outcome. For investors who trade sector cycles, ZS is the next real test, if it fails, momentum stalls; if it clears, the tape gives names like PANW permission to run.