Information Technology

Cognizant Technology Solutions Corp (CTSH) options and signal

Figures as of 28 Sep 2026

CTSH is Cognizant Technology Solutions Corp, an Information Technology 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.

Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.

Start free See the plans

At a glance

Figure	Value	Date
IV rank	99 of 100	28 Sep
At the money IV	51.6%	28 Sep
Priced move to 16 Oct	9.5% down, 10.7% up	28 Sep
Call wall and put wall	60 and 55	28 Sep
Signal and the desk's view	No signal, view bearish	25 Sep
Last close	56.75	28 Sep
Next report	28 Oct 2026	28 Sep

Options Snapshot

CTSH's IV rank is 99 of 100 on 28 Sep 2026.

Figure	Value
IV rank	99 of 100
At the money IV	51.6%, near month, 18 days
Put/call ratio, open interest	0.52
Call open interest, strikes captured near the price	38,400 contracts
Put open interest, strikes captured near the price	19,900 contracts
Cost to trade at the money	Wide, 105.0% of the option's mid price

IV rank is where the at the money IV sits among CTSH'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.

Open Options Snapshot in RingMaster The Options Snapshot guide

Priced Range

On 28 Sep 2026, CTSH options priced a move of 9.5 percent down and 10.7 percent up by 16 Oct 2026.

Expiry	Days	Down	Up	Range
16 Oct 2026	18	9.5%	10.7%	51.38 to 62.81
20 Nov 2026	53	19.2%	19.7%	45.85 to 67.95
18 Dec 2026	81	27.0%	23.4%	41.45 to 70.05
15 Jan 2027	109	28.9%	26.1%	40.35 to 71.55
19 Mar 2027	172	36.1%	38.1%	36.25 to 78.35
16 Apr 2027	200	38.4%	38.4%	34.95 to 78.55

The range is one standard deviation either side of the close of 56.75, 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.

Open Priced Range in RingMaster The Priced Range guide

Gamma Map

On 28 Sep 2026, CTSH's call wall is the 60 strike and its put wall is the 55 strike.

Figure	Value
Call wall, most open call gamma	60
Put wall, most open put gamma	55
Flip strike, where net gamma changes sign	52.9
Net dollar gamma, calls minus puts	$1.23 million
Total dollar gamma, both sides	$4.41 million
Close	56.75

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.

Open Gamma Map in RingMaster The Gamma Map guide

Volatility History

On 28 Sep 2026, CTSH's at the money IV is 51.6 percent against 20 day realized volatility of 40.3 percent.

Figure	Value
At the money IV	51.6%
Realized volatility, 20 trading days	40.3%
Realized volatility, 60 trading days	46.7%
IV against its own weekly record	High, in the top fifth
Weekly readings on record	865, from 8 Jan 2010
Weeks the price moved more than the one week priced move	25.4% 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.

Open Volatility History in RingMaster The Volatility History guide

Volatility Weather

On 28 Sep 2026, CTSH's at the money IV runs from 51.6 percent at 18 days to 51.9 percent at 200 days.

Days to expiry	At the money IV
18	51.6%
53	55.9%
81	57.1%
109	54.0%
172	55.2%
200	51.9%

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.

Open Volatility Weather in RingMaster The Volatility Weather guide

Volatility Smile

On 28 Sep 2026, at the 53 day expiry, CTSH's IV ten percent below the price sits 5.3 points below at the money IV.

Strike area	Implied volatility	Against at the money
10% below the price	50.5%	-5.3 points
At the money	55.9%	0.0 points
10% above the price	57.9%	+2.0 points

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

Open Volatility Smile in RingMaster The Volatility Smile guide

Volatility Surface

On 28 Sep 2026, CTSH's surface spans 6 expiries out to 200 days, with IV from 46.2 to 58.5 percent near the price.

Figure	Value
Expiries captured	6
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	21
Lowest IV among them	46.2%
Highest IV among them	58.5%

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

Open Volatility Surface in RingMaster The Volatility Surface guide

Expiry Ladder

On 28 Sep 2026, CTSH has 6 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	51.6%	10,757	4,457
20 Nov 2026	53	55.9%	1,037	271
18 Dec 2026	81	57.1%	15,973	3,973
15 Jan 2027	109	54.0%	7,715	9,181
19 Mar 2027	172	55.2%	2,800	2,035
16 Apr 2027	200	51.9%	116	10

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.

Open Expiry Ladder in RingMaster The Expiry Ladder guide

Strike Table

On 28 Sep 2026, CTSH's largest open interest sits at the 85 strike, with 10,074 contracts across the captured expiries.

Strike	Call open interest	Put open interest	Total
85	10,074	0	10,074
60	3,757	2,393	6,150
47.5	1,817	3,063	4,880
67.5	3,443	1,392	4,835
55	2,410	2,108	4,518
62.5	2,390	1,029	3,419

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

Open Strike Table in RingMaster The Strike Table guide

Since Yesterday

From 25 Sep 2026 to 28 Sep 2026, CTSH's at the money IV moved from 44.4 percent to 51.6 percent.

Figure	25 Sep	28 Sep	Change
At the money IV	44.4%	51.6%	+7.2 points
Open interest, strikes captured near the price	58,195	58,325	+130
Put/call ratio, open interest	0.52	0.52	+0.00

Open interest changes cannot identify buyers or sellers.

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

Open Since Yesterday in RingMaster The Since Yesterday guide

Changed Hands

On 28 Sep 2026, 2,575 CTSH option contracts traded, 1.0 times its own recent average.

Figure	Value
Calls traded	1,153
Puts traded	1,422
Against its recent average	1.0 times
Busier than	2 of its last 20 trading days
Open interest, whole chain	70,734 contracts
Volume to open interest	0.04
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.

Open Changed Hands in RingMaster The Changed Hands guide

Positioning Replay

The replay holds 33 trading days of CTSH'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	58.60	$2.08 million	57.5	55
21 Sep 2026	59.38	$808,680	60	55
28 Sep 2026	56.75	$1.23 million	60	55

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.

Open Positioning Replay in RingMaster The Positioning Replay guide

Read-out

On 25 Sep 2026 the desk's view of CTSH was bearish, paper trading.

Figure	Value
Side	Bearish at 45 trading days, no signal
Level above the close	57.89, the swing high of 10 Sep 2026, a close past it runs against the view
Level below the close	37.08, the swing low of 30 Jun 2026
The chart	Sits with the view
Strategy family	Bear call spread (sell a call spread above the price)
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.

Open Read-out in RingMaster The Read-out guide

Rank by Timeframe

On 25 Sep 2026 CTSH sat at the 15th percentile of the model's 45 trading day ranking, paper trading.

Timeframe	Percentile	Side
10 trading days	67 of 100	Neutral
20 trading days	56 of 100	Neutral
45 trading days	15 of 100	Bearish

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.

Open Rank by Timeframe in RingMaster The Rank by Timeframe guide

Timeframe Agreement

On 25 Sep 2026, 1 of 3 timeframes put CTSH on the bearish side, paper trading.

Group	Timeframes	Side	On that side
Near	10 day, 20 day	Neutral	0 of 2
Long	45 day	Bearish	1 of 1

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

Open Timeframe Agreement in RingMaster The Timeframe Agreement guide

Signal History

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

Trading day	Signal	45 day percentile
25 Sep 2026	None	15 of 100
24 Sep 2026	None	37 of 100
23 Sep 2026	None	30 of 100
22 Sep 2026	None	42 of 100
21 Sep 2026	None	12 of 100
18 Sep 2026	None	28 of 100
17 Sep 2026	None	15 of 100
16 Sep 2026	None	37 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, 80 of 187 Information Technology names were bullish and 61 were bearish, paper trading.

Sector	Names	Bullish	Bearish	Neutral
Information Technology	187	80	61	46

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

Open Sector Split in RingMaster The Sector Split guide

Price Chart

CTSH closed at 56.75 on 28 Sep 2026.

Figure	Value
Last close	56.75
Change over 5 trading days	-4.4%
Change over 21 trading days	-11.0%
Change over 63 trading days	+46.5%
Change over 252 trading days	-14.9%
52 week high	87.03
52 week low	37.08
20 day moving average	60.71
50 day moving average	57.70
200 day moving average	61.48
RSI, 14 days	41

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.

Open Price Chart in RingMaster The Price Chart guide

Earnings Radar

CTSH reports next on 28 Oct 2026, a date confirmed by the company.

Figure	Value
Next report	28 Oct 2026, before the open
Date	Confirmed by the company
Move after the report of 29 Jul 2026	+11.2%
Move after the report of 29 Apr 2026	-0.8%
Move after the report of 4 Feb 2026	+3.0%
Move after the report of 29 Oct 2025	+5.7%

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

Open Earnings Radar in RingMaster The Earnings Radar guide

Short Volume

On 25 Sep 2026, 30.0 percent of CTSH's reported volume at the covered venues was marked short.

Figure	Value
Short sale share, 25 Sep	30.0%
Five day average	34.4%
52 week median	59.7%
Short interest, share of shares outstanding	7.6% at the 15 Sep 2026 settlement
Days to cover	6.8

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.

Open Short Volume in RingMaster The Short Volume guide

Seasonality

In the 28 Septembers on record, CTSH's average change was plus 0.6 percent, and it rose in 50.0 percent of them.

Month	Average change	Middle change	Share of years up	Years
September	+0.6%	-0.2%	50.0%	28
October	+7.5%	+5.2%	75.0%	28
November	+3.9%	+5.9%	64.3%	28

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.

Open Seasonality in RingMaster The Seasonality guide

Headlines

The desk's news feeds carried 3 headlines naming CTSH in the 3 days to 28 Sep 2026.

Figure	Value
Headlines in the window	3
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.

Open Headlines in RingMaster The Headlines guide

Questions

What is CTSH's IV rank?: CTSH's IV rank is 99 of 100 on 28 Sep 2026.
What move are CTSH options pricing?: On 28 Sep 2026, CTSH options priced a move of 9.5 percent down and 10.7 percent up by 16 Oct 2026.
Where are CTSH's call wall and put wall?: On 28 Sep 2026, CTSH's call wall is the 60 strike and its put wall is the 55 strike.
What was the desk's latest view of CTSH on the Free plan?: On 25 Sep 2026 the desk's view of CTSH was bearish, paper trading.
When does CTSH report earnings next?: CTSH reports next on 28 Oct 2026, a date confirmed by the company.

More Information Technology names

Guides and the full list

Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.

Start free See the plans