Consumer Discretionary

Expedia Group Inc (EXPE) options and signal

Figures as of 28 Sep 2026

EXPE is Expedia Group Inc, a Consumer Discretionary 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	91 of 100	28 Sep
At the money IV	52.0%	28 Sep
Priced move to 30 Oct	15.5% down, 15.8% up	28 Sep
Call wall and put wall	330 and 265	28 Sep
Signal and the desk's view	No signal, view bearish	25 Sep
Last close	264.23	28 Sep
Next report	5 Nov 2026	28 Sep

Options Snapshot

EXPE's IV rank is 91 of 100 on 28 Sep 2026.

Figure	Value
IV rank	91 of 100
At the money IV	52.0%, near month, 32 days
Put/call ratio, open interest	1.41
Call open interest, strikes captured near the price	23,100 contracts
Put open interest, strikes captured near the price	32,600 contracts
Cost to trade at the money	Fair, 26.5% of the option's mid price

IV rank is where the at the money IV sits among EXPE'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, EXPE options priced a move of 15.5 percent down and 15.8 percent up by 30 Oct 2026.

Expiry	Days	Down	Up	Range
2 Oct 2026	4	5.3%	6.1%	250.23 to 280.43
9 Oct 2026	11	8.8%	9.1%	240.93 to 288.33
23 Oct 2026	25	14.0%	13.9%	227.23 to 300.83
30 Oct 2026	32	15.5%	15.8%	223.23 to 305.93
20 Nov 2026	53	20.2%	21.1%	210.93 to 319.93
18 Dec 2026	81	24.8%	24.6%	198.83 to 329.23
19 Mar 2027	172	33.8%	35.7%	175.03 to 358.53

The range is one standard deviation either side of the close of 264.23, 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, EXPE's call wall is the 330 strike and its put wall is the 265 strike.

Figure	Value
Call wall, most open call gamma	330
Put wall, most open put gamma	265
Net dollar gamma, calls minus puts	minus $6.45 million
Total dollar gamma, both sides	$23.07 million
Close	264.23

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 4 strikes, so no single flip strike is named.

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, EXPE's at the money IV is 52.0 percent against 20 day realized volatility of 47.7 percent.

Figure	Value
At the money IV	52.0%
Realized volatility, 20 trading days	47.7%
Realized volatility, 60 trading days	45.3%
IV against its own weekly record	High, in the top fifth
Weekly readings on record	863, from 8 Jan 2010
Weeks the price moved more than the one week priced move	30.2% 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, EXPE's at the money IV runs from 51.5 percent at 4 days to 50.5 percent at 172 days.

Days to expiry	At the money IV
4	51.5%
11	54.3%
18	52.7%
25	51.8%
39	55.5%
53	54.6%
81	52.5%
172	50.5%

Near expiries price more volatility than far ones, an inverted 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 32 day expiry, EXPE's IV ten percent below the price sits 2.5 points above at the money IV.

Strike area	Implied volatility	Against at the money
10% below the price	54.5%	+2.5 points
At the money	52.0%	0.0 points
10% above the price	51.7%	-0.3 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, EXPE's surface spans 10 expiries out to 172 days, with IV from 49.1 to 60.1 percent near the price.

Figure	Value
Expiries captured	10
Nearest expiry	2 Oct 2026, 4 days
Farthest expiry	19 Mar 2027, 172 days
Points within 10% of the price, 7 days out or more	89
Lowest IV among them	49.1%
Highest IV among them	60.1%

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, EXPE has 10 captured expiries, from 2 Oct 2026 to 19 Mar 2027.

Expiry	Days	At the money IV	Call open interest	Put open interest
2 Oct 2026	4	51.5%	821	3,268
9 Oct 2026	11	54.3%	224	382
16 Oct 2026	18	52.7%	2,310	6,189
23 Oct 2026	25	51.8%	198	321
30 Oct 2026	32	52.0%	987	288
6 Nov 2026	39	55.5%	6	76
20 Nov 2026	53	54.6%	2,141	961
18 Dec 2026	81	52.5%	4,091	2,536
15 Jan 2027	109	50.2%	6,090	10,557
19 Mar 2027	172	50.5%	6,187	7,998

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, EXPE's largest open interest sits at the 220 strike, with 6,331 contracts across the captured expiries.

Strike	Call open interest	Put open interest	Total
220	289	6,042	6,331
330	5,525	84	5,609
230	476	4,643	5,119
310	1,270	2,009	3,279
270	1,388	1,442	2,830
250	1,116	1,423	2,539

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, EXPE's at the money IV moved from 49.8 percent to 52.0 percent.

Figure	25 Sep	28 Sep	Change
At the money IV	49.8%	52.0%	+2.2 points
Open interest, strikes captured near the price	53,735	55,631	+1,896
Put/call ratio, open interest	1.47	1.41	-0.05

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, 4,622 EXPE option contracts traded, 0.5 times its own recent average.

Figure	Value
Calls traded	2,124
Puts traded	2,498
Against its recent average	0.5 times
Busier than	0 of its last 20 trading days
Open interest, whole chain	62,670 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.

Open Changed Hands in RingMaster The Changed Hands guide

Positioning Replay

The replay holds 33 trading days of EXPE'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	321.07	$3.73 million	310	318
21 Sep 2026	281.02	minus $1.53 million	320	310
28 Sep 2026	264.23	minus $6.45 million	330	265

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 EXPE was bearish, paper trading.

Figure	Value
Side	Bearish at 45 trading days, no signal
Level above the close	294.84, the swing high of 15 Sep 2026, a close past it runs against the view
Level below the close	261.43, the swing low of 9 Sep 2026
The chart	Sits against 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 EXPE sat at the 10th percentile of the model's 45 trading day ranking, paper trading.

Timeframe	Percentile	Side
10 trading days	21 of 100	Neutral
20 trading days	23 of 100	Neutral
45 trading days	10 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 EXPE 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 EXPE had carried no signal for at least 18 trading days, paper trading.

Trading day	Signal	45 day percentile
25 Sep 2026	None	10 of 100
24 Sep 2026	None	17 of 100
23 Sep 2026	None	34 of 100
22 Sep 2026	None	15 of 100
21 Sep 2026	None	15 of 100
18 Sep 2026	None	26 of 100
17 Sep 2026	None	24 of 100
16 Sep 2026	None	14 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, 27 of 106 Consumer Discretionary names were bullish and 33 were bearish, paper trading.

Sector	Names	Bullish	Bearish	Neutral
Consumer Discretionary	106	27	33	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

EXPE closed at 264.23 on 28 Sep 2026.

Figure	Value
Last close	264.23
Change over 5 trading days	-6.0%
Change over 21 trading days	-17.1%
Change over 63 trading days	-0.4%
Change over 252 trading days	+22.8%
52 week high	342.00
52 week low	185.34
20 day moving average	283.91
50 day moving average	297.85
200 day moving average	260.35
RSI, 14 days	36

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

EXPE reports next on 5 Nov 2026, a date worked out from past quarters.

Figure	Value
Next report	5 Nov 2026, after the close
Date	Worked out from past quarters
Move after the report of 5 Aug 2026	-4.1%
Move after the report of 30 Apr 2026	+1.4%
Move after the report of 28 Jan 2026	+2.6%
Move after the report of 8 May 2025	-7.3%

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, 77.6 percent of EXPE's reported volume at the covered venues was marked short.

Figure	Value
Short sale share, 25 Sep	77.6%
Five day average	75.8%
52 week median	66.1%
Short interest, share of shares outstanding	5.5% at the 15 Sep 2026 settlement
Days to cover	3.1

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 21 Septembers on record, EXPE's average change was plus 1.1 percent, and it rose in 52.4 percent of them.

Month	Average change	Middle change	Share of years up	Years
September	+1.1%	+2.0%	52.4%	21
October	-0.4%	+2.0%	61.9%	21
November	+6.3%	+4.6%	57.1%	21

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 EXPE 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 EXPE's IV rank?: EXPE's IV rank is 91 of 100 on 28 Sep 2026.
What move are EXPE options pricing?: On 28 Sep 2026, EXPE options priced a move of 15.5 percent down and 15.8 percent up by 30 Oct 2026.
Where are EXPE's call wall and put wall?: On 28 Sep 2026, EXPE's call wall is the 330 strike and its put wall is the 265 strike.
What was the desk's latest view of EXPE on the Free plan?: On 25 Sep 2026 the desk's view of EXPE was bearish, paper trading.
When does EXPE report earnings next?: EXPE reports next on 5 Nov 2026, a date worked out from past quarters.

More Consumer Discretionary 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