Information Technology

Teradyne Inc (TER) options and signal

Figures as of 28 Sep 2026

TER is Teradyne 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

FigureValueDate
IV rank99 of 10028 Sep
At the money IV74.8%28 Sep
Priced move to 30 Oct22.1% down, 22.3% up28 Sep
Call wall and put wall400 and 39028 Sep
Signal and the desk's viewNo signal, view neutral25 Sep
Last close401.3028 Sep
Next report21 Oct 202628 Sep

Options Snapshot

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

FigureValue
IV rank99 of 100
At the money IV74.8%, near month, 32 days
Put/call ratio, open interest1.31
Call open interest, strikes captured near the price20,900 contracts
Put open interest, strikes captured near the price27,400 contracts
Cost to trade at the moneyTight, 9.9% of the option's mid price

IV rank is where the at the money IV sits among TER'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, TER options priced a move of 22.1 percent down and 22.3 percent up by 30 Oct 2026.

ExpiryDaysDownUpRange
2 Oct 202647.3%6.3%371.90 to 426.50
9 Oct 20261111.1%10.5%356.90 to 443.50
23 Oct 20262517.2%17.2%332.40 to 470.20
30 Oct 20263222.1%22.3%312.50 to 490.90
20 Nov 20265326.9%27.7%293.30 to 512.30
18 Dec 20268132.1%33.1%272.30 to 534.30
16 Apr 202720047.3%52.1%211.30 to 610.30

The range is one standard deviation either side of the close of 401.30, 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, TER's call wall is the 400 strike and its put wall is the 390 strike.

FigureValue
Call wall, most open call gamma400
Put wall, most open put gamma390
Net dollar gamma, calls minus puts$6.5 million
Total dollar gamma, both sides$26.23 million
Close401.30

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, TER's at the money IV is 74.8 percent against 20 day realized volatility of 70.9 percent.

FigureValue
At the money IV74.8%
Realized volatility, 20 trading days70.9%
Realized volatility, 60 trading days77.0%
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 move33.3% 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, TER's at the money IV runs from 64.2 percent at 4 days to 67.4 percent at 200 days.

Days to expiryAt the money IV
464.2%
1163.6%
1861.5%
2564.4%
3974.6%
5371.5%
8168.9%
20067.4%

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 32 day expiry, TER's IV ten percent below the price sits 1.9 points above at the money IV.

Strike areaImplied volatilityAgainst at the money
10% below the price76.7%+1.9 points
At the money74.8%0.0 points
10% above the price76.4%+1.6 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, TER's surface spans 10 expiries out to 200 days, with IV from 59.0 to 76.4 percent near the price.

FigureValue
Expiries captured10
Nearest expiry2 Oct 2026, 4 days
Farthest expiry16 Apr 2027, 200 days
Points within 10% of the price, 7 days out or more110
Lowest IV among them59.0%
Highest IV among them76.4%

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, TER has 10 captured expiries, from 2 Oct 2026 to 16 Apr 2027.

ExpiryDaysAt the money IVCall open interestPut open interest
2 Oct 2026464.2%3,311613
9 Oct 20261163.6%1,035272
16 Oct 20261861.5%4,3776,033
23 Oct 20262564.4%9861,217
30 Oct 20263274.8%2525,060
6 Nov 20263974.6%1018
20 Nov 20265371.5%4,6385,643
18 Dec 20268168.9%201955
15 Jan 202710966.5%5,2136,659
16 Apr 202720067.4%876910

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, TER's largest open interest sits at the 275 strike, with 4,641 contracts across the captured expiries.

StrikeCall open interestPut open interestTotal
27504,6414,641
3002543,0043,258
4002,0845862,670
3206631,6692,332
3507501,5462,296
3906731,2501,923

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, TER's at the money IV moved from 66.2 percent to 74.8 percent.

Figure25 Sep28 SepChange
At the money IV66.2%74.8%+8.6 points
Open interest, strikes captured near the price50,79348,279-2,514
Put/call ratio, open interest1.391.31-0.08

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, 5,333 TER option contracts traded, 0.7 times its own recent average.

FigureValue
Calls traded2,734
Puts traded2,599
Against its recent average0.7 times
Busier than1 of its last 20 trading days
Open interest, whole chain68,214 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 TER's option positioning, from 11 Aug 2026 to 28 Sep 2026.

DateCloseNet dollar gammaTop call strikeTop put strike
11 Aug 2026379.56$1.12 million390355
21 Sep 2026381.54$5.4 million372350
28 Sep 2026401.30$6.5 million400390

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 TER was neutral, paper trading.

FigureValue
SideNeutral at 45 trading days, no signal
Level above the close487.91, the swing high of 30 Jun 2026
Level below the close399.40, the swing low of 22 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 TER sat at the 42nd percentile of the model's 45 trading day ranking, paper trading.

TimeframePercentileSide
10 trading days33 of 100Neutral
20 trading days40 of 100Neutral
45 trading days42 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 TER'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.

Open Timeframe Agreement in RingMasterThe Timeframe Agreement guide

Signal History

On 25 Sep 2026 TER had carried no signal for at least 18 trading days, paper trading.

Trading daySignal45 day percentile
25 Sep 2026None42 of 100
24 Sep 2026None32 of 100
23 Sep 2026None7 of 100
22 Sep 2026None6 of 100
21 Sep 2026None11 of 100
18 Sep 2026None43 of 100
17 Sep 2026None29 of 100
16 Sep 2026None19 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, 80 of 187 Information Technology names were bullish and 61 were bearish, paper trading.

SectorNamesBullishBearishNeutral
Information Technology187806146

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

TER closed at 401.30 on 28 Sep 2026.

FigureValue
Last close401.30
Change over 5 trading days+5.2%
Change over 21 trading days+7.9%
Change over 63 trading days-13.4%
Change over 252 trading days+202.0%
52 week high487.91
52 week low131.40
20 day moving average365.64
50 day moving average370.58
200 day moving average330.70
RSI, 14 days59

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

TER reports next on 21 Oct 2026, a date confirmed by the company.

FigureValue
Next report21 Oct 2026, after the close
DateConfirmed by the company
Move after the report of 28 Jul 2026-0.4%
Move after the report of 26 Apr 2026-3.9%
Move after the report of 24 Jan 2026+1.1%
Move after the report of 28 Apr 2025-2.5%

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

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Short Volume

On 25 Sep 2026, 53.4 percent of TER's reported volume at the covered venues was marked short.

FigureValue
Short sale share, 25 Sep53.4%
Five day average63.0%
52 week median45.8%
Short interest, share of shares outstanding5.2% at the 15 Sep 2026 settlement
Days to cover3.2

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, TER's average change was minus 0.8 percent, and it rose in 39.1 percent of them.

MonthAverage changeMiddle changeShare of years upYears
September-0.8%-2.0%39.1%23
October+3.7%+5.9%65.2%23
November+3.7%+5.5%78.3%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 2 headlines naming TER in the 3 days to 28 Sep 2026.

FigureValue
Headlines in the window2
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 TER's IV rank?
TER's IV rank is 99 of 100 on 28 Sep 2026.
What move are TER options pricing?
On 28 Sep 2026, TER options priced a move of 22.1 percent down and 22.3 percent up by 30 Oct 2026.
Where are TER's call wall and put wall?
On 28 Sep 2026, TER's call wall is the 400 strike and its put wall is the 390 strike.
What was the desk's latest view of TER on the Free plan?
On 25 Sep 2026 the desk's view of TER was neutral, paper trading.
When does TER report earnings next?
TER reports next on 21 Oct 2026, a date confirmed by the company.

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