Industrials

Johnson Controls International plc (JCI) options and signal

Figures as of 28 Sep 2026

JCI is Johnson Controls International plc, an Industrials 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

FigureValueDate
IV rank91 of 10028 Sep
At the money IV35.9%28 Sep
Priced move to 16 Oct7.7% down, 8.6% up28 Sep
Call wall and put wall160 and 14028 Sep
Signal and the desk's viewNo signal, view neutral25 Sep
Last close148.8928 Sep
Next report4 Nov 202628 Sep

Options Snapshot

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

FigureValue
IV rank91 of 100
At the money IV35.9%, near month, 18 days
Put/call ratio, open interest0.38
Call open interest, strikes captured near the price34,300 contracts
Put open interest, strikes captured near the price13,100 contracts
Cost to trade at the moneyFair, 38.9% of the option's mid price

IV rank is where the at the money IV sits among JCI'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, JCI options priced a move of 7.7 percent down and 8.6 percent up by 16 Oct 2026.

ExpiryDaysDownUpRange
16 Oct 2026187.7%8.6%137.49 to 161.69
20 Nov 20265314.8%14.4%126.79 to 170.39
18 Dec 20268117.1%17.5%123.39 to 174.99
15 Jan 202710920.1%19.9%118.99 to 178.59
19 Mar 202717224.4%26.5%112.49 to 188.39
16 Apr 202720028.5%28.0%106.39 to 190.59

The range is one standard deviation either side of the close of 148.89, 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, JCI's call wall is the 160 strike and its put wall is the 140 strike.

FigureValue
Call wall, most open call gamma160
Put wall, most open put gamma140
Net dollar gamma, calls minus puts$5.96 million
Total dollar gamma, both sides$12.1 million
Close148.89

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.

Net gamma changes sign at 7 strikes, so no single flip strike is named.

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, JCI's at the money IV is 35.9 percent against 20 day realized volatility of 30.4 percent.

FigureValue
At the money IV35.9%
Realized volatility, 20 trading days30.4%
Realized volatility, 60 trading days27.3%
IV against its own weekly recordHigh, in the top fifth
Weekly readings on record865, from 8 Jan 2010
Weeks the price moved more than the one week priced move29.0% 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, JCI's at the money IV runs from 35.9 percent at 18 days to 38.6 percent at 200 days.

Days to expiryAt the money IV
1835.9%
5339.1%
8136.3%
10936.2%
17236.5%
20038.6%

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, JCI's IV ten percent below the price sits 4.2 points above at the money IV.

Strike areaImplied volatilityAgainst at the money
10% below the price43.3%+4.2 points
At the money39.1%0.0 points
10% above the price42.9%+3.9 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, JCI's surface spans 6 expiries out to 200 days, with IV from 34.5 to 45.8 percent near the price.

FigureValue
Expiries captured6
Nearest expiry16 Oct 2026, 18 days
Farthest expiry16 Apr 2027, 200 days
Points within 10% of the price, 7 days out or more36
Lowest IV among them34.5%
Highest IV among them45.8%

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, JCI has 6 captured expiries, from 16 Oct 2026 to 16 Apr 2027.

ExpiryDaysAt the money IVCall open interestPut open interest
16 Oct 20261835.9%13,5156,191
20 Nov 20265339.1%4002,026
18 Dec 20268136.3%6,890616
15 Jan 202710936.2%4,0653,203
19 Mar 202717236.5%9,415973
16 Apr 202720038.6%19102

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, JCI's largest open interest sits at the 90 strike, with 6,382 contracts across the captured expiries.

StrikeCall open interestPut open interestTotal
906,370126,382
1705,80005,800
1251,2222,7353,957
1401,2312,3763,607
1351,1372,4093,546
1603,515133,528

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, JCI's at the money IV moved from 33.2 percent to 35.9 percent.

Figure25 Sep28 SepChange
At the money IV33.2%35.9%+2.7 points
Open interest, strikes captured near the price46,17747,415+1,238
Put/call ratio, open interest0.350.38+0.03

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, 4,648 JCI option contracts traded, 0.6 times its own recent average.

FigureValue
Calls traded2,437
Puts traded2,211
Against its recent average0.6 times
Busier than12 of its last 20 trading days
Open interest, whole chain55,376 contracts
Volume to open interest0.08
Unusual volume flagNo

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

DateCloseNet dollar gammaTop call strikeTop put strike
11 Aug 2026154.76$29.68 million160140
21 Sep 2026145.18$2.99 million155135
28 Sep 2026148.89$5.96 million160140

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 JCI was neutral, paper trading.

FigureValue
SideNeutral at 45 trading days, no signal
Level above the close157.06, the swing high of 5 Aug 2026
Level below the close147.05, the swing low of 9 Sep 2026
Strategy familyIron condor (sell both sides, defined risk)
Price targetNone. 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 JCI sat at the 62nd percentile of the model's 45 trading day ranking, paper trading.

TimeframePercentileSide
10 trading days87 of 100Bullish
20 trading days67 of 100Neutral
45 trading days62 of 100Neutral

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 JCI's near timeframes were bullish and its long timeframe was neutral, paper trading.

GroupTimeframesSideOn that side
Near10 day, 20 dayBullish1 of 2
Long45 dayNeutral0 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 JCI had carried no signal for at least 18 trading days, paper trading.

Trading daySignal45 day percentile
25 Sep 2026None62 of 100
24 Sep 2026None72 of 100
23 Sep 2026None69 of 100
22 Sep 2026None62 of 100
21 Sep 2026None71 of 100
18 Sep 2026None82 of 100
17 Sep 2026None65 of 100
16 Sep 2026None85 of 100

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

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Sector Split

On 25 Sep 2026, 51 of 147 Industrials names were bullish and 37 were bearish, paper trading.

SectorNamesBullishBearishNeutral
Industrials147513759

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

JCI closed at 148.89 on 28 Sep 2026.

FigureValue
Last close148.89
Change over 5 trading days+2.6%
Change over 21 trading days+4.7%
Change over 63 trading days+6.0%
Change over 252 trading days+40.8%
52 week high157.06
52 week low104.49
20 day moving average143.34
50 day moving average145.20
200 day moving average136.93
RSI, 14 days58

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

JCI reports next on 4 Nov 2026, a date worked out from past quarters.

FigureValue
Next report4 Nov 2026, before the open
DateWorked out from past quarters
Move after the report of 29 Jul 2026-0.6%
Move after the report of 30 Apr 2026-0.7%
Move after the report of 28 Jan 2026+3.0%
Move after the report of 7 May 2025+1.1%

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

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Short Volume

On 25 Sep 2026, 35.2 percent of JCI's reported volume at the covered venues was marked short.

FigureValue
Short sale share, 25 Sep35.2%
Five day average35.1%
52 week median39.0%

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, JCI's average change was minus 1.3 percent, and it rose in 47.8 percent of them.

MonthAverage changeMiddle changeShare of years upYears
September-1.3%-0.1%47.8%23
October+0.1%+1.9%54.5%22
November+3.7%+5.3%69.6%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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Headlines

The desk's news feeds carried 1 headline naming JCI in the 3 days to 28 Sep 2026.

FigureValue
Headlines in the window1
Latest28 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 JCI's IV rank?
JCI's IV rank is 91 of 100 on 28 Sep 2026.
What move are JCI options pricing?
On 28 Sep 2026, JCI options priced a move of 7.7 percent down and 8.6 percent up by 16 Oct 2026.
Where are JCI's call wall and put wall?
On 28 Sep 2026, JCI's call wall is the 160 strike and its put wall is the 140 strike.
What was the desk's latest view of JCI on the Free plan?
On 25 Sep 2026 the desk's view of JCI was neutral, paper trading.
When does JCI report earnings next?
JCI reports next on 4 Nov 2026, a date worked out from past quarters.

More Industrials names

Guides and the full list

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