Health Care
Quest Diagnostics Inc (DGX) options and signal
Figures as of 28 Sep 2026
DGX is Quest Diagnostics Inc, a Health Care 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.
At a glance
| Figure | Value | Date |
|---|---|---|
| IV rank | 76 of 100 | 28 Sep |
| At the money IV | 27.6% | 28 Sep |
| Priced move to 16 Oct | 6.6% down, 5.8% up | 28 Sep |
| Call wall and put wall | Both 230 | 28 Sep |
| Signal and the desk's view | No signal, view neutral | 25 Sep |
| Last close | 237.62 | 28 Sep |
| Next report | 22 Oct 2026 | 28 Sep |
Options Snapshot
DGX's IV rank is 76 of 100 on 28 Sep 2026.
| Figure | Value |
|---|---|
| IV rank | 76 of 100 |
| At the money IV | 27.6%, near month, 18 days |
| Put/call ratio, open interest | 1.21 |
| Call open interest, strikes captured near the price | 4,300 contracts |
| Put open interest, strikes captured near the price | 5,210 contracts |
| Cost to trade at the money | Wide, 46.2% of the option's mid price |
IV rank is where the at the money IV sits among DGX'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 RingMasterThe Options Snapshot guide
Priced Range
On 28 Sep 2026, DGX options priced a move of 6.6 percent down and 5.8 percent up by 16 Oct 2026.
| Expiry | Days | Down | Up | Range |
|---|---|---|---|---|
| 16 Oct 2026 | 18 | 6.6% | 5.8% | 222.02 to 251.42 |
| 20 Nov 2026 | 53 | 12.9% | 11.9% | 207.02 to 265.82 |
| 19 Feb 2027 | 144 | 16.8% | 18.3% | 197.62 to 281.02 |
The range is one standard deviation either side of the close of 237.62, 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.
Gamma Map
On 28 Sep 2026, DGX's call wall and put wall are both at the 230 strike.
| Figure | Value |
|---|---|
| Call wall, most open call gamma | 230 |
| Put wall, most open put gamma | 230 |
| Net dollar gamma, calls minus puts | minus $2.44 million |
| Total dollar gamma, both sides | $7.07 million |
| Close | 237.62 |
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 2 strikes, so no single flip strike is named.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Volatility History
On 28 Sep 2026, DGX's at the money IV is 27.6 percent against 20 day realized volatility of 26.5 percent.
| Figure | Value |
|---|---|
| At the money IV | 27.6% |
| Realized volatility, 20 trading days | 26.5% |
| Realized volatility, 60 trading days | 26.7% |
| IV against its own weekly record | In the middle |
| Weekly readings on record | 862, from 8 Jan 2010 |
| Weeks the price moved more than the one week priced move | 27.4% 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 RingMasterThe Volatility History guide
Volatility Weather
On 28 Sep 2026, DGX's at the money IV runs from 27.6 percent at 18 days to 27.2 percent at 144 days.
| Days to expiry | At the money IV |
|---|---|
| 18 | 27.6% |
| 53 | 32.0% |
| 144 | 27.2% |
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 RingMasterThe Volatility Weather guide
Volatility Smile
On 28 Sep 2026, at the 53 day expiry, DGX's IV ten percent below the price sits 1.9 points above at the money IV.
| Strike area | Implied volatility | Against at the money |
|---|---|---|
| 10% below the price | 33.9% | +1.9 points |
| At the money | 32.0% | 0.0 points |
| 10% above the price | 32.9% | +0.9 points |
From the option chain at the close on 28 Sep 2026. Current on every plan.
Open Volatility Smile in RingMasterThe Volatility Smile guide
Volatility Surface
On 28 Sep 2026, DGX's surface spans 3 expiries out to 144 days, with IV from 27.0 to 34.7 percent near the price.
| Figure | Value |
|---|---|
| Expiries captured | 3 |
| Nearest expiry | 16 Oct 2026, 18 days |
| Farthest expiry | 19 Feb 2027, 144 days |
| Points within 10% of the price, 7 days out or more | 15 |
| Lowest IV among them | 27.0% |
| Highest IV among them | 34.7% |
From the option chain at the close on 28 Sep 2026. Current on every plan.
Open Volatility Surface in RingMasterThe Volatility Surface guide
Expiry Ladder
On 28 Sep 2026, DGX has 3 captured expiries, from 16 Oct 2026 to 19 Feb 2027.
| Expiry | Days | At the money IV | Call open interest | Put open interest |
|---|---|---|---|---|
| 16 Oct 2026 | 18 | 27.6% | 673 | 4,312 |
| 20 Nov 2026 | 53 | 32.0% | 2,489 | 806 |
| 19 Feb 2027 | 144 | 27.2% | 1,133 | 90 |
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.
Strike Table
On 28 Sep 2026, DGX's largest open interest sits at the 220 strike, with 2,419 contracts across the captured expiries.
| Strike | Call open interest | Put open interest | Total |
|---|---|---|---|
| 220 | 138 | 2,281 | 2,419 |
| 230 | 618 | 1,401 | 2,019 |
| 240 | 340 | 973 | 1,313 |
| 270 | 848 | 72 | 920 |
| 260 | 772 | 0 | 772 |
| 300 | 618 | 0 | 618 |
From the option chain at the close on 28 Sep 2026. Current on every plan.
Since Yesterday
From 25 Sep 2026 to 28 Sep 2026, DGX's at the money IV moved from 28.6 percent to 27.6 percent.
| Figure | 25 Sep | 28 Sep | Change |
|---|---|---|---|
| At the money IV | 28.6% | 27.6% | -1.0 points |
| Open interest, strikes captured near the price | 9,437 | 9,503 | +66 |
| Put/call ratio, open interest | 1.20 | 1.21 | +0.01 |
Open interest changes cannot identify buyers or sellers.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Changed Hands
On 28 Sep 2026, 708 DGX option contracts traded, 0.6 times its own recent average.
| Figure | Value |
|---|---|
| Calls traded | 333 |
| Puts traded | 375 |
| Against its recent average | 0.6 times |
| Busier than | 8 of its last 20 trading days |
| Open interest, whole chain | 9,678 contracts |
| Volume to open interest | 0.07 |
| 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.
Positioning Replay
The replay holds 33 trading days of DGX'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 | 237.50 | $2.49 million | 240 | 230 |
| 21 Sep 2026 | 244.88 | $346,638 | 260 | 230 |
| 28 Sep 2026 | 237.62 | minus $2.44 million | 230 | 230 |
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 RingMasterThe Positioning Replay guide
Read-out
On 25 Sep 2026 the desk's view of DGX was neutral, paper trading.
| Figure | Value |
|---|---|
| Side | Neutral at 45 trading days, no signal |
| Level above the close | 247.19, the swing high of 27 Aug 2026 |
| Level below the close | 228.57, the swing low of 10 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.
Rank by Timeframe
On 25 Sep 2026 DGX sat at the 37th percentile of the model's 45 trading day ranking, paper trading.
| Timeframe | Percentile | Side |
|---|---|---|
| 10 trading days | 89 of 100 | Bullish |
| 20 trading days | 66 of 100 | Neutral |
| 45 trading days | 37 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.
Open Rank by Timeframe in RingMasterThe Rank by Timeframe guide
Timeframe Agreement
On 25 Sep 2026 DGX's near timeframes were bullish and its long timeframe was neutral, paper trading.
| Group | Timeframes | Side | On that side |
|---|---|---|---|
| Near | 10 day, 20 day | Bullish | 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.
Open Timeframe Agreement in RingMasterThe Timeframe Agreement guide
Signal History
On 25 Sep 2026 DGX had carried no signal for at least 18 trading days, paper trading.
| Trading day | Signal | 45 day percentile |
|---|---|---|
| 25 Sep 2026 | None | 37 of 100 |
| 24 Sep 2026 | None | 33 of 100 |
| 23 Sep 2026 | None | 38 of 100 |
| 22 Sep 2026 | None | 59 of 100 |
| 21 Sep 2026 | None | 19 of 100 |
| 18 Sep 2026 | None | 9 of 100 |
| 17 Sep 2026 | None | 13 of 100 |
| 16 Sep 2026 | None | 27 of 100 |
Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.
Sector Split
On 25 Sep 2026, 32 of 120 Health Care names were bullish and 52 were bearish, paper trading.
| Sector | Names | Bullish | Bearish | Neutral |
|---|---|---|---|---|
| Health Care | 120 | 32 | 52 | 36 |
Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.
Price Chart
DGX closed at 237.62 on 28 Sep 2026.
| Figure | Value |
|---|---|
| Last close | 237.62 |
| Change over 5 trading days | -3.0% |
| Change over 21 trading days | -2.9% |
| Change over 63 trading days | +11.7% |
| Change over 252 trading days | +28.2% |
| 52 week high | 248.84 |
| 52 week low | 171.18 |
| 20 day moving average | 239.00 |
| 50 day moving average | 236.24 |
| 200 day moving average | 205.07 |
| RSI, 14 days | 49 |
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.
Earnings Radar
DGX reports next on 22 Oct 2026, and options priced an earnings move of 8.9 percent through 20 Nov 2026.
| Figure | Value |
|---|---|
| Next report | 22 Oct 2026, before the open |
| Date | Confirmed by the company |
| Priced earnings move | 8.9%, a straddle of $21.05 at the 240 strike, expiring 20 Nov 2026 |
| Move after the report of 23 Jul 2026 | +8.6% |
| Move after the report of 21 Apr 2026 | +4.5% |
| Move after the report of 10 Feb 2026 | +7.4% |
| Move after the report of 21 Oct 2025 | -3.0% |
The priced earnings move is the straddle's cost over the share price. It restates option prices and says nothing certain about the report.
Earnings calendar as of 28 Sep 2026. Current on every plan.
Short Volume
On 25 Sep 2026, 65.1 percent of DGX's reported volume at the covered venues was marked short.
| Figure | Value |
|---|---|
| Short sale share, 25 Sep | 65.1% |
| Five day average | 61.1% |
| 52 week median | 63.3% |
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.
Seasonality
In the 29 Septembers on record, DGX's average change was minus 0.6 percent, and it rose in 41.4 percent of them.
| Month | Average change | Middle change | Share of years up | Years |
|---|---|---|---|---|
| September | -0.6% | -1.4% | 41.4% | 29 |
| October | -0.3% | -0.3% | 48.3% | 29 |
| November | +3.4% | +5.0% | 82.8% | 29 |
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.
Questions
- What is DGX's IV rank?
- DGX's IV rank is 76 of 100 on 28 Sep 2026.
- What move are DGX options pricing?
- On 28 Sep 2026, DGX options priced a move of 6.6 percent down and 5.8 percent up by 16 Oct 2026.
- Where are DGX's call wall and put wall?
- On 28 Sep 2026, DGX's call wall and put wall are both at the 230 strike.
- What was the desk's latest view of DGX on the Free plan?
- On 25 Sep 2026 the desk's view of DGX was neutral, paper trading.
- When does DGX report earnings next?
- DGX reports next on 22 Oct 2026, and options priced an earnings move of 8.9 percent through 20 Nov 2026.
More Health Care names
- BTSG, BrightSpring Health Services, Inc.
- MEDP, Medpace Holdings, Inc.
- BDX, Becton Dickinson and Co
- ONC, BeOne Medicines AG
- IDXX, IDEXX Laboratories Inc
Guides and the full list
- Every covered stock, fund and index, A to Z
- Reading the options suite
- Options for beginners
- How Trade Cards work
- Words the desk uses
Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.