Financials

UBS Group AG (UBS) options and signal

Figures as of 28 Sep 2026

UBS is UBS Group AG, a Financials 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 rank53 of 10028 Sep
At the money IV36.8%28 Sep
Priced move to 16 Oct8.3% down, 7.4% up28 Sep
Call wall and put wallBoth 5028 Sep
Signal and the desk's viewNo signal, view bullish25 Sep
Last close48.6228 Sep
Next report28 Oct 202628 Sep

Options Snapshot

UBS's IV rank is 53 of 100 on 28 Sep 2026.

FigureValue
IV rank53 of 100
At the money IV36.8%, near month, 18 days
Put/call ratio, open interest1.20
Call open interest, strikes captured near the price34,200 contracts
Put open interest, strikes captured near the price40,900 contracts
Cost to trade at the moneyWide, 50.1% of the option's mid price

IV rank is where the at the money IV sits among UBS'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, UBS options priced a move of 8.3 percent down and 7.4 percent up by 16 Oct 2026.

ExpiryDaysDownUpRange
16 Oct 2026188.3%7.4%44.57 to 52.21
20 Nov 20265312.7%12.8%42.46 to 54.82
15 Jan 202710919.7%20.0%39.06 to 58.36
19 Feb 202714418.5%22.0%39.61 to 59.32

The range is one standard deviation either side of the close of 48.62, 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, UBS's call wall and put wall are both at the 50 strike.

FigureValue
Call wall, most open call gamma50
Put wall, most open put gamma50
Flip strike, where net gamma changes sign51.89
Net dollar gamma, calls minus putsminus $527,123
Total dollar gamma, both sides$6.41 million
Close48.62

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, UBS's at the money IV is 36.8 percent against 20 day realized volatility of 30.3 percent.

FigureValue
At the money IV36.8%
Realized volatility, 20 trading days30.3%
Realized volatility, 60 trading days25.5%
IV against its own weekly recordIn the middle
Weekly readings on record759, from 8 Jan 2010
Weeks the price moved more than the one week priced move22.3% of 220 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, UBS's at the money IV runs from 36.8 percent at 18 days to 33.8 percent at 144 days.

Days to expiryAt the money IV
1836.8%
5334.7%
10932.5%
14433.8%

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, UBS's IV ten percent below the price sits 4.0 points above at the money IV.

Strike areaImplied volatilityAgainst at the money
10% below the price38.7%+4.0 points
At the money34.7%0.0 points
10% above the price35.9%+1.1 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, UBS's surface spans 4 expiries out to 144 days, with IV from 30.5 to 52.0 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 more16
Lowest IV among them30.5%
Highest IV among them52.0%

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

ExpiryDaysAt the money IVCall open interestPut open interest
16 Oct 20261836.8%3,5962,139
20 Nov 20265334.7%9,1925,640
15 Jan 202710932.5%18,26131,286
19 Feb 202714433.8%3,1621,830

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, UBS's largest open interest sits at the 50 strike, with 15,421 contracts across the captured expiries.

StrikeCall open interestPut open interestTotal
506,4408,98115,421
352,6607,79010,450
47.53,6345,5379,171
42.52,0915,4347,525
555,3591,5356,894
57.54,2272284,455

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, UBS's at the money IV moved from 30.1 percent to 36.8 percent.

Figure25 Sep28 SepChange
At the money IV30.1%36.8%+6.7 points
Open interest, strikes captured near the price70,95575,106+4,151
Put/call ratio, open interest1.091.20+0.10

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, 5,029 UBS option contracts traded, 1.1 times its own recent average.

FigureValue
Calls traded1,231
Puts traded3,798
Against its recent average1.1 times
Open interest, whole chain84,053 contracts
Volume to open interest0.06
Unusual volume flagYes, 1 contract traded well above open interest
Largest flagged contractThe 50 put expiring 16 Oct, 2,291 traded against 676 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.

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Positioning Replay

The replay holds 6 trading days of UBS's option positioning, from 27 Aug 2026 to 28 Sep 2026.

DateCloseNet dollar gammaTop call strikeTop put strike
27 Aug 202654.36$776,5515550
28 Sep 202648.62minus $527,1235050

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 UBS was bullish, paper trading.

FigureValue
SideBullish at 45 trading days, no signal
Level above the close49.91, the swing high of 16 Sep 2026
Level below the close47.18, the swing low of 24 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 UBS sat at the 89th percentile of the model's 45 trading day ranking, paper trading.

TimeframePercentileSide
10 trading days50 of 100Neutral
20 trading days87 of 100Bullish
45 trading days89 of 100Bullish

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, 2 of 3 timeframes put UBS on the bullish side, paper trading.

GroupTimeframesSideOn that side
Near10 day, 20 dayBullish1 of 2
Long45 dayBullish1 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 UBS had carried no signal for 1 trading day, paper trading.

Trading daySignal45 day percentile
25 Sep 2026None89 of 100
24 Sep 2026Bullish95 of 100
23 Sep 2026None94 of 100
22 Sep 2026Bullish95 of 100
21 Sep 2026None95 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 RingMasterThe Signal History guide

Sector Split

On 25 Sep 2026, 63 of 135 Financials names were bullish and 32 were bearish, paper trading.

SectorNamesBullishBearishNeutral
Financials135633240

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

UBS closed at 48.62 on 28 Sep 2026.

FigureValue
Last close48.62
Change over 5 trading days-4.8%
Change over 21 trading days-10.6%
Change over 63 trading days-1.8%
Change over 252 trading days+20.1%
52 week high55.98
52 week low36.30
20 day moving average52.26
50 day moving average52.81
200 day moving average46.90
RSI, 14 days35

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

UBS reports next on 28 Oct 2026, a date confirmed by the company.

FigureValue
Next report28 Oct 2026, before the open
DateConfirmed by the company
Move after the report of 29 Jul 2026-0.4%
Move after the report of 30 Apr 2026-0.5%
Move after the report of 28 Jan 2026+0.4%
Move after the report of 30 Apr 2025-0.9%

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

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Seasonality

In the 23 Septembers on record, UBS's average change was minus 1.8 percent, and it rose in 56.5 percent of them.

MonthAverage changeMiddle changeShare of years upYears
September-1.8%+0.5%56.5%23
October+2.1%+0.8%60.9%23
November+2.2%+1.0%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.

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Headlines

The desk's news feeds carried 8 headlines naming UBS in the 3 days to 28 Sep 2026.

FigureValue
Headlines in the window8
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 UBS's IV rank?
UBS's IV rank is 53 of 100 on 28 Sep 2026.
What move are UBS options pricing?
On 28 Sep 2026, UBS options priced a move of 8.3 percent down and 7.4 percent up by 16 Oct 2026.
Where are UBS's call wall and put wall?
On 28 Sep 2026, UBS's call wall and put wall are both at the 50 strike.
What was the desk's latest view of UBS on the Free plan?
On 25 Sep 2026 the desk's view of UBS was bullish, paper trading.
When does UBS report earnings next?
UBS reports next on 28 Oct 2026, a date confirmed by the company.

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