Information Technology

F5 Inc (FFIV) options and signal

Figures as of 28 Sep 2026

FFIV is F5 Inc, 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.

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At a glance

Figure	Value	Date
IV rank	81 of 100	28 Sep
At the money IV	42.2%	28 Sep
Priced move to 16 Oct	10.0% down, 9.7% up	28 Sep
Call wall and put wall	Both 470	28 Sep
Signal and the desk's view	No signal, view bearish	25 Sep
Last close	435.56	28 Sep
Next report	26 Oct 2026	28 Sep

Options Snapshot

FFIV's IV rank is 81 of 100 on 28 Sep 2026.

Figure	Value
IV rank	81 of 100
At the money IV	42.2%, near month, 18 days
Put/call ratio, open interest	0.82
Call open interest, strikes captured near the price	4,110 contracts
Put open interest, strikes captured near the price	3,390 contracts
Cost to trade at the money	Fair, 24.3% of the option's mid price

IV rank is where the at the money IV sits among FFIV'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, FFIV options priced a move of 10.0 percent down and 9.7 percent up by 16 Oct 2026.

Expiry	Days	Down	Up	Range
16 Oct 2026	18	10.0%	9.7%	391.86 to 477.86
20 Nov 2026	53	18.8%	19.6%	353.86 to 520.96
18 Dec 2026	81	21.4%	22.8%	342.56 to 534.86
15 Jan 2027	109	23.2%	25.5%	334.56 to 546.56
19 Feb 2027	144	26.9%	30.3%	318.56 to 567.56
16 Apr 2027	200	30.5%	34.9%	302.56 to 587.56

The range is one standard deviation either side of the close of 435.56, 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, FFIV's call wall and put wall are both at the 470 strike.

Figure	Value
Call wall, most open call gamma	470
Put wall, most open put gamma	470
Net dollar gamma, calls minus puts	$1.17 million
Total dollar gamma, both sides	$5.78 million
Close	435.56

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 11 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, FFIV's at the money IV is 42.2 percent against 20 day realized volatility of 36.3 percent.

Figure	Value
At the money IV	42.2%
Realized volatility, 20 trading days	36.3%
Realized volatility, 60 trading days	36.7%
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	20.4% of 250 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, FFIV's at the money IV runs from 42.2 percent at 18 days to 48.1 percent at 200 days.

Days to expiry	At the money IV
18	42.2%
53	50.2%
81	46.6%
109	44.1%
144	40.6%
200	48.1%

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, FFIV's IV ten percent below the price sits 0.5 points below at the money IV.

Strike area	Implied volatility	Against at the money
10% below the price	49.8%	-0.5 points
At the money	50.2%	0.0 points
10% above the price	49.0%	-1.2 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, FFIV's surface spans 6 expiries out to 200 days, with IV from 27.9 to 50.5 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	45
Lowest IV among them	27.9%
Highest IV among them	50.5%

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, FFIV 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	42.2%	1,785	997
20 Nov 2026	53	50.2%	386	1,021
18 Dec 2026	81	46.6%	1,085	587
15 Jan 2027	109	44.1%	661	91
19 Feb 2027	144	40.6%	187	610
16 Apr 2027	200	48.1%	8	87

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, FFIV's largest open interest sits at the 470 strike, with 1,183 contracts across the captured expiries.

Strike	Call open interest	Put open interest	Total
470	728	455	1,183
420	357	489	846
380	120	349	469
400	276	164	440
440	174	224	398
490	328	13	341

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, FFIV's at the money IV moved from 39.8 percent to 42.2 percent.

Figure	25 Sep	28 Sep	Change
At the money IV	39.8%	42.2%	+2.5 points
Open interest, strikes captured near the price	7,322	7,505	+183
Put/call ratio, open interest	0.82	0.83	+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.

Open Since Yesterday in RingMaster The Since Yesterday guide

Changed Hands

On 28 Sep 2026, 1,145 FFIV option contracts traded, 1.0 times its own recent average.

Figure	Value
Calls traded	626
Puts traded	519
Against its recent average	1.0 times
Busier than	4 of its last 20 trading days
Open interest, whole chain	8,899 contracts
Volume to open interest	0.13
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 FFIV'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	414.00	$1.56 million	400	360
21 Sep 2026	450.10	$1.67 million	470	470
28 Sep 2026	435.56	$1.17 million	470	470

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 FFIV was bearish, paper trading.

Figure	Value
Side	Bearish at 45 trading days, no signal
Level above the close	462.00, the swing high of 23 Sep 2026, a close past it runs against the view
Level below the close	414.17, the swing low of 27 Aug 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 FFIV sat at the 13th percentile of the model's 45 trading day ranking, paper trading.

Timeframe	Percentile	Side
10 trading days	42 of 100	Neutral
20 trading days	11 of 100	Bearish
45 trading days	13 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, 2 of 3 timeframes put FFIV on the bearish side, paper trading.

Group	Timeframes	Side	On that side
Near	10 day, 20 day	Bearish	1 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 FFIV had carried no signal for at least 18 trading days, paper trading.

Trading day	Signal	45 day percentile
25 Sep 2026	None	13 of 100
24 Sep 2026	None	17 of 100
23 Sep 2026	None	25 of 100
22 Sep 2026	None	14 of 100
21 Sep 2026	None	55 of 100
18 Sep 2026	None	41 of 100
17 Sep 2026	None	63 of 100
16 Sep 2026	None	31 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

FFIV closed at 435.56 on 28 Sep 2026.

Figure	Value
Last close	435.56
Change over 5 trading days	-3.2%
Change over 21 trading days	+6.2%
Change over 63 trading days	+6.1%
Change over 252 trading days	+34.4%
52 week high	462.00
52 week low	223.76
20 day moving average	419.91
50 day moving average	407.98
200 day moving average	341.41
RSI, 14 days	57

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

FFIV reports next on 26 Oct 2026, a date worked out from past quarters.

Figure	Value
Next report	26 Oct 2026, after the close
Date	Worked out from past quarters
Move after the report of 27 Jul 2026	-1.1%
Move after the report of 28 Apr 2026	+8.0%
Move after the report of 26 Jan 2026	+1.1%
Move after the report of 28 Apr 2025	-0.9%

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

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Short Volume

On 25 Sep 2026, 32.9 percent of FFIV's reported volume at the covered venues was marked short.

Figure	Value
Short sale share, 25 Sep	32.9%
Five day average	52.7%
52 week median	54.3%
Short interest, share of shares outstanding	2.4% at the 15 Sep 2026 settlement
Days to cover	3.0

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 23 Septembers on record, FFIV's average change was plus 1.8 percent, and it rose in 60.9 percent of them.

Month	Average change	Middle change	Share of years up	Years
September	+1.8%	+2.9%	60.9%	23
October	+6.4%	+6.2%	65.2%	23
November	+4.5%	+5.0%	82.6%	23

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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Questions

What is FFIV's IV rank?: FFIV's IV rank is 81 of 100 on 28 Sep 2026.
What move are FFIV options pricing?: On 28 Sep 2026, FFIV options priced a move of 10.0 percent down and 9.7 percent up by 16 Oct 2026.
Where are FFIV's call wall and put wall?: On 28 Sep 2026, FFIV's call wall and put wall are both at the 470 strike.
What was the desk's latest view of FFIV on the Free plan?: On 25 Sep 2026 the desk's view of FFIV was bearish, paper trading.
When does FFIV report earnings next?: FFIV reports next on 26 Oct 2026, a date worked out from past quarters.

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