Industrials

Owens Corning (OC) options and signal

Figures as of 28 Sep 2026

OC is Owens Corning, 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 rank98 of 10028 Sep
At the money IV49.3%28 Sep
Priced move to 16 Oct10.4% down, 10.6% up28 Sep
Call wall and put wall145 and 10528 Sep
Signal and the desk's viewNo signal, view bullish25 Sep
Last close122.0328 Sep
Next report4 Nov 202628 Sep

Options Snapshot

OC's IV rank is 98 of 100 on 28 Sep 2026.

FigureValue
IV rank98 of 100
At the money IV49.3%, near month, 18 days
Put/call ratio, open interest0.58
Call open interest, strikes captured near the price3,260 contracts
Put open interest, strikes captured near the price1,890 contracts
Cost to trade at the moneyFair, 28.5% of the option's mid price

IV rank is where the at the money IV sits among OC'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, OC options priced a move of 10.4 percent down and 10.6 percent up by 16 Oct 2026.

ExpiryDaysDownUpRange
16 Oct 20261810.4%10.6%109.33 to 134.93
20 Nov 20265320.0%17.9%97.63 to 143.93
18 Dec 20268121.6%23.7%95.73 to 150.93
19 Feb 202714427.9%28.3%87.93 to 156.53

The range is one standard deviation either side of the close of 122.03, 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, OC's call wall is the 145 strike and its put wall is the 105 strike.

FigureValue
Call wall, most open call gamma145
Put wall, most open put gamma105
Flip strike, where net gamma changes sign130.29
Net dollar gamma, calls minus puts$154,600
Total dollar gamma, both sides$865,526
Close122.03

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.

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, OC's at the money IV is 49.3 percent against 20 day realized volatility of 40.9 percent.

FigureValue
At the money IV49.3%
Realized volatility, 20 trading days40.9%
Realized volatility, 60 trading days35.9%
IV against its own weekly recordHigh, in the top fifth
Weekly readings on record847, from 8 Jan 2010
Weeks the price moved more than the one week priced move31.4% of 236 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, OC's at the money IV runs from 49.3 percent at 18 days to 44.5 percent at 144 days.

Days to expiryAt the money IV
1849.3%
5346.6%
8150.1%
14444.5%

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.

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Volatility Smile

On 28 Sep 2026, at the 53 day expiry, OC's IV ten percent below the price sits 49.9 points above at the money IV.

Strike areaImplied volatilityAgainst at the money
10% below the price96.5%+49.9 points
At the money46.6%0.0 points
10% above the price89.2%+42.6 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, OC's surface spans 4 expiries out to 144 days, with IV from 37.5 to 164.7 percent near the price.

FigureValue
Expiries captured4
Nearest expiry16 Oct 2026, 18 days
Farthest expiry19 Feb 2027, 144 days
Points within 10% of the price, 7 days out or more20
Lowest IV among them37.5%
Highest IV among them164.7%

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, OC has 4 captured expiries, from 16 Oct 2026 to 19 Feb 2027.

ExpiryDaysAt the money IVCall open interestPut open interest
16 Oct 20261849.3%1,643283
20 Nov 20265346.6%328281
18 Dec 20268150.1%995937
19 Feb 202714444.5%293388

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, OC's largest open interest sits at the 145 strike, with 1,429 contracts across the captured expiries.

StrikeCall open interestPut open interestTotal
1451,42181,429
10515682697
1704841485
14031727344
13528359342
12526246272

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, OC's at the money IV moved from 44.9 percent to 49.3 percent.

Figure25 Sep28 SepChange
At the money IV44.9%49.3%+4.4 points
Open interest, strikes captured near the price5,0515,148+97
Put/call ratio, open interest0.580.58-0.01

Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Changed Hands

On 28 Sep 2026, 640 OC option contracts traded, 1.0 times its own recent average.

FigureValue
Calls traded476
Puts traded164
Against its recent average1.0 times
Busier than2 of its last 20 trading days
Open interest, whole chain6,108 contracts
Volume to open interest0.10
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 25 trading days of OC's option positioning, from 24 Aug 2026 to 28 Sep 2026.

DateCloseNet dollar gammaTop call strikeTop put strike
24 Aug 2026146.97$665,074150145
21 Sep 2026121.59minus $5,754145105
28 Sep 2026122.03$154,600145105

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 OC was bullish, paper trading.

FigureValue
SideBullish at 45 trading days, no signal
Level above the close124.98, the swing high of 10 Sep 2026
Level below the close120.69, the swing low of 21 Sep 2026, a close past it runs against the view
The chartSits against the view
Strategy familyCash-secured put (sell a put below the price)
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 OC sat at the 76th percentile of the model's 45 trading day ranking, paper trading.

TimeframePercentileSide
10 trading days55 of 100Neutral
20 trading days54 of 100Neutral
45 trading days76 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 OC's near timeframes were neutral and its long timeframe was neutral, paper trading.

GroupTimeframesSideOn that side
Near10 day, 20 dayNeutral0 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 OC had carried no signal for at least 18 trading days, paper trading.

Trading daySignal45 day percentile
25 Sep 2026None76 of 100
24 Sep 2026None51 of 100
23 Sep 2026None34 of 100
22 Sep 2026None46 of 100
21 Sep 2026None49 of 100
18 Sep 2026None33 of 100
17 Sep 2026None55 of 100
16 Sep 2026None77 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

OC closed at 122.03 on 28 Sep 2026.

FigureValue
Last close122.03
Change over 5 trading days+0.4%
Change over 21 trading days-15.1%
Change over 63 trading days-21.8%
Change over 252 trading days-12.8%
52 week high159.91
52 week low97.53
20 day moving average128.41
50 day moving average139.51
200 day moving average126.11
RSI, 14 days36

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

OC reports next on 4 Nov 2026, a date confirmed by the company.

FigureValue
Next report4 Nov 2026, before the open
DateConfirmed by the company
Move after the report of 29 Jul 2026+1.8%
Move after the report of 30 Apr 2026-0.5%
Move after the report of 28 Jan 2026-0.6%
Move after the report of 7 May 2025-8.6%

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

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Company Events

OC filed 1 current report in the 14 days to 28 Sep 2026, the latest on 16 Sep 2026.

FiledReportWhat it covers
16 Sep 2026Current reportDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Filings as of 28 Sep 2026. Current on every plan.

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Seasonality

In the 19 Septembers on record, OC's average change was minus 3.1 percent, and it rose in 42.1 percent of them.

MonthAverage changeMiddle changeShare of years upYears
September-3.1%-2.8%42.1%19
October-1.8%-1.5%47.4%19
November+4.6%+5.3%78.9%19

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 OC 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 OC's IV rank?
OC's IV rank is 98 of 100 on 28 Sep 2026.
What move are OC options pricing?
On 28 Sep 2026, OC options priced a move of 10.4 percent down and 10.6 percent up by 16 Oct 2026.
Where are OC's call wall and put wall?
On 28 Sep 2026, OC's call wall is the 145 strike and its put wall is the 105 strike.
What was the desk's latest view of OC on the Free plan?
On 25 Sep 2026 the desk's view of OC was bullish, paper trading.
When does OC report earnings next?
OC reports next on 4 Nov 2026, a date confirmed by the company.

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