Materials

Avery Dennison Corp (AVY) options and signal

Figures as of 28 Sep 2026

AVY is Avery Dennison Corp, a Materials 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

Figure	Value	Date
IV rank	73 of 100	28 Sep
At the money IV	33.2%	28 Sep
Priced move to 16 Oct	7.7% down, 6.7% up	28 Sep
Call wall and put wall	180 and 150	28 Sep
Signal and the desk's view	No signal, view neutral	25 Sep
Last close	171.89	28 Sep
Next report	21 Oct 2026	28 Sep

Options Snapshot

AVY's IV rank is 73 of 100 on 28 Sep 2026.

Figure	Value
IV rank	73 of 100
At the money IV	33.2%, near month, 18 days
Put/call ratio, open interest	0.43
Call open interest, strikes captured near the price	902 contracts
Put open interest, strikes captured near the price	387 contracts
Cost to trade at the money	Wide, 56.7% of the option's mid price

IV rank is where the at the money IV sits among AVY'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, AVY options priced a move of 7.7 percent down and 6.7 percent up by 16 Oct 2026.

Expiry	Days	Down	Up	Range
16 Oct 2026	18	7.7%	6.7%	158.59 to 183.49
20 Nov 2026	53	14.5%	12.9%	146.89 to 193.99
15 Jan 2027	109	15.4%	18.4%	145.39 to 203.49
16 Apr 2027	200	24.3%	24.3%	130.19 to 213.59

The range is one standard deviation either side of the close of 171.89, 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, AVY's call wall is the 180 strike and its put wall is the 150 strike.

Figure	Value
Call wall, most open call gamma	180
Put wall, most open put gamma	150
Flip strike, where net gamma changes sign	167.77
Net dollar gamma, calls minus puts	$492,797
Total dollar gamma, both sides	$776,832
Close	171.89

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.

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, AVY's at the money IV is 33.2 percent against 20 day realized volatility of 19.6 percent.

Figure	Value
At the money IV	33.2%
Realized volatility, 20 trading days	19.6%
Realized volatility, 60 trading days	26.9%
IV against its own weekly record	In the middle
Weekly readings on record	820, from 8 Jan 2010
Weeks the price moved more than the one week priced move	24.6% of 252 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, AVY's at the money IV runs from 33.2 percent at 18 days to 32.8 percent at 200 days.

Days to expiry	At the money IV
18	33.2%
53	35.0%
109	34.9%
200	32.8%

Near and far expiries price about the same volatility, a flat 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, AVY's IV ten percent below the price sits 4.7 points above at the money IV.

Strike area	Implied volatility	Against at the money
10% below the price	39.7%	+4.7 points
At the money	35.0%	0.0 points
10% above the price	33.9%	-1.1 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, AVY's surface spans 4 expiries out to 200 days, with IV from 28.2 to 95.3 percent near the price.

Figure	Value
Expiries captured	4
Nearest expiry	16 Oct 2026, 18 days
Farthest expiry	16 Apr 2027, 200 days
Points within 10% of the price, 7 days out or more	20
Lowest IV among them	28.2%
Highest IV among them	95.3%

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, AVY has 4 captured expiries, from 16 Oct 2026 to 16 Apr 2027.

Expiry	Days	At the money IV	Call open interest	Put open interest
16 Oct 2026	18	33.2%	796	257
20 Nov 2026	53	35.0%	6	7
15 Jan 2027	109	34.9%	93	119
16 Apr 2027	200	32.8%	7	4

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, AVY's largest open interest sits at the 180 strike, with 334 contracts across the captured expiries.

Strike	Call open interest	Put open interest	Total
180	323	11	334
175	231	8	239
150	0	181	181
185	140	2	142
200	101	0	101
195	59	14	73

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, AVY's at the money IV moved from 30.2 percent to 33.2 percent.

Figure	25 Sep	28 Sep	Change
At the money IV	30.2%	33.2%	+2.9 points
Open interest, strikes captured near the price	1,135	1,289	+154
Put/call ratio, open interest	0.51	0.43	-0.08

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, 292 AVY option contracts traded, 1.2 times its own recent average.

Figure	Value
Calls traded	171
Puts traded	121
Against its recent average	1.2 times
Busier than	9 of its last 20 trading days
Open interest, whole chain	1,367 contracts
Volume to open interest	0.21
Unusual volume flag	No

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 AVY's option positioning, from 11 Aug 2026 to 28 Sep 2026.

Date	Close	Net dollar gamma	Top call strike	Top put strike
11 Aug 2026	179.73	$277,753	175	165
21 Sep 2026	169.33	$263,550	175	150
28 Sep 2026	171.89	$492,797	180	150

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 AVY was neutral, paper trading.

Figure	Value
Side	Neutral at 45 trading days, no signal
Level above the close	173.86, the swing high of 23 Sep 2026
Level below the close	167.69, the swing low of 18 Sep 2026
Strategy family	Iron condor (sell both sides, defined risk)
Price target	None. 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 AVY sat at the 22nd percentile of the model's 45 trading day ranking, paper trading.

Timeframe	Percentile	Side
10 trading days	10 of 100	Bearish
20 trading days	39 of 100	Neutral
45 trading days	22 of 100	Neutral

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 AVY's near timeframes were bearish and its long timeframe was neutral, paper trading.

Group	Timeframes	Side	On that side
Near	10 day, 20 day	Bearish	1 of 2
Long	45 day	Neutral	0 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 AVY had carried no signal for at least 18 trading days, paper trading.

Trading day	Signal	45 day percentile
25 Sep 2026	None	22 of 100
24 Sep 2026	None	14 of 100
23 Sep 2026	None	22 of 100
22 Sep 2026	None	16 of 100
21 Sep 2026	None	28 of 100
18 Sep 2026	None	22 of 100
17 Sep 2026	None	3 of 100
16 Sep 2026	None	3 of 100

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

Open Signal History in RingMaster The Signal History guide

Sector Split

On 25 Sep 2026, 35 of 62 Materials names were bullish and 11 were bearish, paper trading.

Sector	Names	Bullish	Bearish	Neutral
Materials	62	35	11	16

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

AVY closed at 171.89 on 28 Sep 2026.

Figure	Value
Last close	171.89
Change over 5 trading days	+1.5%
Change over 21 trading days	-3.6%
Change over 63 trading days	+5.2%
Change over 252 trading days	+8.3%
52 week high	199.54
52 week low	152.42
20 day moving average	171.36
50 day moving average	172.70
200 day moving average	172.98
RSI, 14 days	50

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

AVY reports next on 21 Oct 2026, a date confirmed by the company.

Figure	Value
Next report	21 Oct 2026, before the open
Date	Confirmed by the company
Move after the report of 30 Jul 2026	+4.6%
Move after the report of 28 Apr 2026	+0.9%
Move after the report of 4 Feb 2026	+3.4%
Move after the report of 22 Oct 2025	+9.5%

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

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Short Volume

On 25 Sep 2026, 38.3 percent of AVY's reported volume at the covered venues was marked short.

Figure	Value
Short sale share, 25 Sep	38.3%
Five day average	37.2%
52 week median	61.2%

Short sale volume counts trades marked short at the covered venues, mostly off exchange. It is not the same as short interest.

Short volume as of 25 Sep 2026. Current on every plan.

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Seasonality

In the 36 Septembers on record, AVY's average change was minus 2.7 percent, and it rose in 36.1 percent of them.

Month	Average change	Middle change	Share of years up	Years
September	-2.7%	-2.7%	36.1%	36
October	+3.1%	+5.0%	66.7%	36
November	+3.5%	+3.9%	72.2%	36

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 AVY in the 3 days to 28 Sep 2026.

Figure	Value
Headlines in the window	1
Latest	28 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 AVY's IV rank?: AVY's IV rank is 73 of 100 on 28 Sep 2026.
What move are AVY options pricing?: On 28 Sep 2026, AVY options priced a move of 7.7 percent down and 6.7 percent up by 16 Oct 2026.
Where are AVY's call wall and put wall?: On 28 Sep 2026, AVY's call wall is the 180 strike and its put wall is the 150 strike.
What was the desk's latest view of AVY on the Free plan?: On 25 Sep 2026 the desk's view of AVY was neutral, paper trading.
When does AVY report earnings next?: AVY reports next on 21 Oct 2026, a date confirmed by the company.

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Strike	Call open interest	Put open interest	Total
180	323	11	334
175	231	8	239
150	0	181	181
185	140	2	142
200	101	0	101
195	59	14	73

Strike	Call open interest	Put open interest	Total
180	323	11	334
175	231	8	239
150	0	181	181
185	140	2	142
200	101	0	101
195	59	14	73

Strike	Call open interest	Put open interest	Total
180	323	11	334
175	231	8	239
150	0	181	181
185	140	2	142
200	101	0	101
195	59	14	73