Information Technology

Microchip Technology Inc (MCHP) options and signal

Figures as of 28 Sep 2026

MCHP is Microchip Technology 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.

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	61.9%	28 Sep
Priced move to 30 Oct	18.7% down, 15.3% up	28 Sep
Call wall and put wall	72.5 and 82.5	28 Sep
Signal and the desk's view	No signal, view bullish	25 Sep
Last close	77.97	28 Sep
Next report	5 Nov 2026	28 Sep

Options Snapshot

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

Figure	Value
IV rank	99 of 100
At the money IV	61.9%, near month, 32 days
Put/call ratio, open interest	0.27
Call open interest, strikes captured near the price	296,000 contracts
Put open interest, strikes captured near the price	80,600 contracts
Cost to trade at the money	Fair, 28.9% of the option's mid price

IV rank is where the at the money IV sits among MCHP'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, MCHP options priced a move of 18.7 percent down and 15.3 percent up by 30 Oct 2026.

Expiry	Days	Down	Up	Range
2 Oct 2026	4	5.4%	5.4%	73.73 to 82.19
9 Oct 2026	11	8.8%	9.0%	71.08 to 84.98
23 Oct 2026	25	13.7%	13.6%	67.27 to 88.57
30 Oct 2026	32	18.7%	15.3%	63.37 to 89.87
20 Nov 2026	53	20.5%	20.3%	61.97 to 93.77
18 Dec 2026	81	25.3%	25.1%	58.27 to 97.57
19 Mar 2027	172	34.9%	35.7%	50.77 to 105.77

The range is one standard deviation either side of the close of 77.97, 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, MCHP's call wall is the 72.5 strike and its put wall is the 82.5 strike.

Figure	Value
Call wall, most open call gamma	72.5
Put wall, most open put gamma	82.5
Net dollar gamma, calls minus puts	$46.95 million
Total dollar gamma, both sides	$62.5 million
Close	77.97

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 3 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, MCHP's at the money IV is 61.9 percent against 20 day realized volatility of 36.7 percent.

Figure	Value
At the money IV	61.9%
Realized volatility, 20 trading days	36.7%
Realized volatility, 60 trading days	52.5%
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, MCHP's at the money IV runs from 53.6 percent at 4 days to 52.1 percent at 172 days.

Days to expiry	At the money IV
4	53.6%
11	57.4%
18	50.0%
25	51.1%
39	51.2%
53	53.6%
81	52.6%
172	52.1%

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, MCHP's IV ten percent below the price sits 11.0 points below at the money IV.

Strike area	Implied volatility	Against at the money
10% below the price	50.9%	-11.0 points
At the money	61.9%	0.0 points
10% above the price	53.4%	-8.5 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, MCHP's surface spans 10 expiries out to 172 days, with IV from 47.9 to 65.1 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	91
Lowest IV among them	47.9%
Highest IV among them	65.1%

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, MCHP 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	53.6%	16,156	4,415
9 Oct 2026	11	57.4%	1,667	1,101
16 Oct 2026	18	50.0%	175,130	22,709
23 Oct 2026	25	51.1%	1,547	845
30 Oct 2026	32	61.9%	279	380
6 Nov 2026	39	51.2%	10	114
20 Nov 2026	53	53.6%	2,630	1,336
18 Dec 2026	81	52.6%	74,309	15,988
15 Jan 2027	109	52.4%	21,036	27,445
19 Mar 2027	172	52.1%	3,709	6,258

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, MCHP's largest open interest sits at the 72.5 strike, with 168,137 contracts across the captured expiries.

Strike	Call open interest	Put open interest	Total
72.5	162,332	5,805	168,137
65	55,847	5,711	61,558
60	848	13,612	14,460
75	8,422	3,442	11,864
80	8,669	2,904	11,573
70	5,422	5,162	10,584

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, MCHP's at the money IV moved from 50.6 percent to 61.9 percent.

Figure	25 Sep	28 Sep	Change
At the money IV	50.6%	61.9%	+11.3 points
Open interest, strikes captured near the price	371,694	377,064	+5,370
Put/call ratio, open interest	0.26	0.27	+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, 11,966 MCHP option contracts traded, 0.9 times its own recent average.

Figure	Value
Calls traded	4,014
Puts traded	7,952
Against its recent average	0.9 times
Busier than	4 of its last 20 trading days
Open interest, whole chain	396,007 contracts
Volume to open interest	0.03
Unusual volume flag	Yes, 2 contracts traded well above open interest
Largest flagged contract	The 77.5 put expiring 20 Nov, 2,000 traded against 154 open

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 MCHP'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	81.02	$20.79 million	75	77.5
21 Sep 2026	74.78	$43.16 million	72.5	70
28 Sep 2026	77.97	$46.95 million	72.5	82.5

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 MCHP was bullish, paper trading.

Figure	Value
Side	Bullish at 45 trading days, no signal
Level above the close	92.02, the swing high of 30 Jun 2026
Level below the close	76.55, the swing low of 22 Sep 2026, a close past it runs against the view
The chart	Sits against the view
Strategy family	Cash-secured put (sell a put below 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 MCHP sat at the 77th percentile of the model's 45 trading day ranking, paper trading.

Timeframe	Percentile	Side
10 trading days	84 of 100	Bullish
20 trading days	90 of 100	Bullish
45 trading days	77 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 RingMaster The Rank by Timeframe guide

Timeframe Agreement

On 25 Sep 2026, 2 of 3 timeframes put MCHP on the bullish side, paper trading.

Group	Timeframes	Side	On that side
Near	10 day, 20 day	Bullish	2 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 RingMaster The Timeframe Agreement guide

Signal History

On 25 Sep 2026 MCHP had carried no signal for 1 trading day, paper trading.

Trading day	Signal	45 day percentile
25 Sep 2026	None	77 of 100
24 Sep 2026	Bullish	86 of 100
23 Sep 2026	None	63 of 100
22 Sep 2026	None	53 of 100
21 Sep 2026	None	60 of 100
18 Sep 2026	None	83 of 100
17 Sep 2026	None	68 of 100
16 Sep 2026	Bullish	79 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

MCHP closed at 77.97 on 28 Sep 2026.

Figure	Value
Last close	77.97
Change over 5 trading days	+4.3%
Change over 21 trading days	+3.3%
Change over 63 trading days	-12.5%
Change over 252 trading days	+20.2%
52 week high	105.91
52 week low	48.52
20 day moving average	73.56
50 day moving average	76.07
200 day moving average	78.66
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.

Open Price Chart in RingMaster The Price Chart guide

Earnings Radar

MCHP reports next on 5 Nov 2026, a date confirmed by the company.

Figure	Value
Next report	5 Nov 2026, after the close
Date	Confirmed by the company
Move after the report of 6 Aug 2026	+13.9%
Move after the report of 30 Apr 2026	+1.1%
Move after the report of 28 Jan 2026	-1.1%
Move after the report of 8 May 2025	+12.6%

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, 69.2 percent of MCHP's reported volume at the covered venues was marked short.

Figure	Value
Short sale share, 25 Sep	69.2%
Five day average	56.3%
52 week median	51.5%
Short interest, share of shares outstanding	6.0% at the 15 Sep 2026 settlement
Days to cover	4.3

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.

Open Short Volume in RingMaster The Short Volume guide

Seasonality

In the 23 Septembers on record, MCHP's average change was minus 2.2 percent, and it rose in 30.4 percent of them.

Month	Average change	Middle change	Share of years up	Years
September	-2.2%	-3.2%	30.4%	23
October	+0.4%	+0.1%	52.2%	23
November	+2.9%	+3.5%	60.9%	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.

Open Seasonality in RingMaster The Seasonality guide

Headlines

The desk's news feeds carried 2 headlines naming MCHP in the 3 days to 28 Sep 2026.

Figure	Value
Headlines in the window	2
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 MCHP's IV rank?: MCHP's IV rank is 99 of 100 on 28 Sep 2026.
What move are MCHP options pricing?: On 28 Sep 2026, MCHP options priced a move of 18.7 percent down and 15.3 percent up by 30 Oct 2026.
Where are MCHP's call wall and put wall?: On 28 Sep 2026, MCHP's call wall is the 72.5 strike and its put wall is the 82.5 strike.
What was the desk's latest view of MCHP on the Free plan?: On 25 Sep 2026 the desk's view of MCHP was bullish, paper trading.
When does MCHP report earnings next?: MCHP reports next on 5 Nov 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