Industrials

ATI Inc. (ATI) options and signal

Figures as of 28 Sep 2026

ATI is ATI Inc., an Industrials name the model ranks every trading day. The options figures are from the close on 28 Sep 2026. The model's figures are from 25 Sep 2026, one trading day behind the latest, as the Free plan shows them. Every model figure is paper trading.

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At a glance

FigureValueDate
IV rank67 of 10028 Sep
At the money IV48.6%28 Sep
Priced move to 16 Oct11.5% down, 10.2% up28 Sep
Call wall and put wall200 and 18528 Sep
Signal and the desk's viewNo signal, view neutral25 Sep
Last close180.6728 Sep
Next report27 Oct 202628 Sep

Options Snapshot

ATI's IV rank is 67 of 100 on 28 Sep 2026.

FigureValue
IV rank67 of 100
At the money IV48.6%, near month, 18 days
Put/call ratio, open interest1.22
Call open interest, strikes captured near the price7,970 contracts
Put open interest, strikes captured near the price9,740 contracts
Cost to trade at the moneyFair, 19.4% of the option's mid price

IV rank is where the at the money IV sits among ATI's own weekly readings, 0 the lowest and 100 the highest.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Priced Range

On 28 Sep 2026, ATI options priced a move of 11.5 percent down and 10.2 percent up by 16 Oct 2026.

ExpiryDaysDownUpRange
16 Oct 20261811.5%10.2%159.87 to 199.17
20 Nov 20265319.3%19.6%145.77 to 216.07
15 Jan 202710927.2%28.6%131.47 to 232.27
16 Apr 202720036.4%38.2%114.87 to 249.67

The range is one standard deviation either side of the close of 180.67, as the option prices imply it.

A priced move restates option prices at the close and says nothing certain about where the price goes.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Gamma Map

On 28 Sep 2026, ATI's call wall is the 200 strike and its put wall is the 185 strike.

FigureValue
Call wall, most open call gamma200
Put wall, most open put gamma185
Net dollar gamma, calls minus putsminus $1.98 million
Total dollar gamma, both sides$6.52 million
Close180.67

Dollar gamma is stated for a one percent move in the price.

Net is calls minus puts under the standard convention, not a record of who holds the contracts.

Net gamma changes sign at 3 strikes, so no single flip strike is named.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility History

On 28 Sep 2026, ATI's at the money IV is 48.6 percent against 20 day realized volatility of 37.0 percent.

FigureValue
At the money IV48.6%
Realized volatility, 20 trading days37.0%
Realized volatility, 60 trading days43.2%
IV against its own weekly recordIn the middle
Weekly readings on record849, from 8 Jan 2010
Weeks the price moved more than the one week priced move27.5% of 236 weeks

Realized volatility is worked out from the daily closes the desk holds, not from the option chain.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Weather

On 28 Sep 2026, ATI's at the money IV runs from 48.6 percent at 18 days to 52.4 percent at 200 days.

Days to expiryAt the money IV
1848.6%
5351.8%
10950.7%
20052.4%

Far expiries price more volatility than near ones, an upward sloping term structure.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Smile

On 28 Sep 2026, at the 53 day expiry, ATI's IV ten percent below the price sits 0.9 points above at the money IV.

Strike areaImplied volatilityAgainst at the money
10% below the price52.7%+0.9 points
At the money51.8%0.0 points
10% above the price52.1%+0.3 points

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Surface

On 28 Sep 2026, ATI's surface spans 4 expiries out to 200 days, with IV from 48.4 to 53.2 percent near the price.

FigureValue
Expiries captured4
Nearest expiry16 Oct 2026, 18 days
Farthest expiry16 Apr 2027, 200 days
Points within 10% of the price, 7 days out or more28
Lowest IV among them48.4%
Highest IV among them53.2%

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Expiry Ladder

On 28 Sep 2026, ATI has 4 captured expiries, from 16 Oct 2026 to 16 Apr 2027.

ExpiryDaysAt the money IVCall open interestPut open interest
16 Oct 20261848.6%3,6036,078
20 Nov 20265351.8%2,2111,995
15 Jan 202710950.7%2,0431,491
16 Apr 202720052.4%113176

Open interest is summed over the strikes captured near the price on each expiry.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Strike Table

On 28 Sep 2026, ATI's largest open interest sits at the 185 strike, with 4,574 contracts across the captured expiries.

StrikeCall open interestPut open interestTotal
1852514,3234,574
2001,0423001,342
2201,0141661,180
1804895661,055
1757522671,019
210649278927

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Since Yesterday

From 25 Sep 2026 to 28 Sep 2026, ATI's at the money IV moved from 46.2 percent to 48.6 percent.

Figure25 Sep28 SepChange
At the money IV46.2%48.6%+2.3 points
Open interest, strikes captured near the price18,15717,710-447
Put/call ratio, open interest1.121.22+0.10

Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Changed Hands

On 28 Sep 2026, 3,296 ATI option contracts traded, 1.9 times its own recent average.

FigureValue
Calls traded2,004
Puts traded1,292
Against its recent average1.9 times
Busier than20 of its last 20 trading days
Open interest, whole chain19,349 contracts
Volume to open interest0.17
Unusual volume flagYes, 1 contract traded well above open interest
Largest flagged contractThe 230 call expiring 20 Nov, 251 traded against 118 open

Traded volume and open interest are shown side by side and never combined. Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Positioning Replay

The replay holds 33 trading days of ATI's option positioning, from 11 Aug 2026 to 28 Sep 2026.

DateCloseNet dollar gammaTop call strikeTop put strike
11 Aug 2026230.08$2.29 million200230
21 Sep 2026189.16minus $1.85 million175185
28 Sep 2026180.67minus $1.98 million200185

Each frame restates one nightly capture. Net is calls minus puts, a convention, not who holds the contracts.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Read-out

On 25 Sep 2026 the desk's view of ATI was neutral, paper trading.

FigureValue
SideNeutral at 45 trading days, no signal
Level above the close197.00, the swing high of 17 Sep 2026
Level below the close179.59, the swing low of 17 Sep 2026
Strategy familyIron condor (sell both sides, defined risk)
Price targetNone. The desk has no price model.

The levels are prices the shares turned at on the chart, with the date of each.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

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Rank by Timeframe

On 25 Sep 2026 ATI sat at the 36th percentile of the model's 45 trading day ranking, paper trading.

TimeframePercentileSide
10 trading days90 of 100Bullish
20 trading days32 of 100Neutral
45 trading days36 of 100Neutral

100 is the top of the ranking. A name in the middle three fifths is neutral.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

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Timeframe Agreement

On 25 Sep 2026 ATI's near timeframes were bullish and its long timeframe was neutral, paper trading.

GroupTimeframesSideOn that side
Near10 day, 20 dayBullish1 of 2
Long45 dayNeutral0 of 1

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

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Signal History

On 25 Sep 2026 ATI had carried no signal for at least 18 trading days, paper trading.

Trading daySignal45 day percentile
25 Sep 2026None36 of 100
24 Sep 2026None23 of 100
23 Sep 2026None18 of 100
22 Sep 2026None21 of 100
21 Sep 2026None25 of 100
18 Sep 2026None28 of 100
17 Sep 2026None23 of 100
16 Sep 2026None15 of 100

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

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Sector Split

On 25 Sep 2026, 51 of 147 Industrials names were bullish and 37 were bearish, paper trading.

SectorNamesBullishBearishNeutral
Industrials147513759

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

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Price Chart

ATI closed at 180.67 on 28 Sep 2026.

FigureValue
Last close180.67
Change over 5 trading days-4.5%
Change over 21 trading days-15.8%
Change over 63 trading days-8.6%
Change over 252 trading days+133.4%
52 week high243.57
52 week low76.78
20 day moving average194.28
50 day moving average202.74
200 day moving average165.41
RSI, 14 days35

Worked out from the desk's own daily bars, adjusted for share splits.

From the daily bars through 28 Sep 2026. Current on every plan.

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Earnings Radar

ATI reports next on 27 Oct 2026, a date worked out from past quarters.

FigureValue
Next report27 Oct 2026, before the open
DateWorked out from past quarters
Move after the report of 6 Aug 2026+8.9%
Move after the report of 30 Apr 2026+6.3%
Move after the report of 3 Feb 2026+5.4%
Move after the report of 28 Oct 2025+7.4%

Earnings calendar as of 28 Sep 2026. Current on every plan.

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Seasonality

In the 26 Septembers on record, ATI's average change was minus 3.2 percent, and it rose in 53.8 percent of them.

MonthAverage changeMiddle changeShare of years upYears
September-3.2%+3.4%53.8%26
October+0.8%+1.3%50.0%26
November+6.2%+3.4%69.2%26

Each figure is a month end to month end change in past years. A past month says nothing certain about the next one.

Monthly history through 28 Sep 2026. Current on every plan.

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Headlines

The desk's news feeds carried 1 headline naming ATI in the 3 days to 28 Sep 2026.

FigureValue
Headlines in the window1
Latest28 Sep 2026

The titles are in the Headlines window, with the time each was published.

Headlines as of 28 Sep 2026. Current on every plan.

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Questions

What is ATI's IV rank?
ATI's IV rank is 67 of 100 on 28 Sep 2026.
What move are ATI options pricing?
On 28 Sep 2026, ATI options priced a move of 11.5 percent down and 10.2 percent up by 16 Oct 2026.
Where are ATI's call wall and put wall?
On 28 Sep 2026, ATI's call wall is the 200 strike and its put wall is the 185 strike.
What was the desk's latest view of ATI on the Free plan?
On 25 Sep 2026 the desk's view of ATI was neutral, paper trading.
When does ATI report earnings next?
ATI reports next on 27 Oct 2026, a date worked out from past quarters.

More Industrials names

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