Options/JCI

JCIJohnson Controls International plc

Options Analysis Report•AIR-COND & WARM AIR HEATG EQUIP & COMM & INDL REFRIG EQUIP

Market Cap $86.5B|NYSE

● 2026-09-11$142.81

NEUTRAL

Analysis: 2026-09-10 EOD data

1Y +32.5%YTD +16.8%7D -1.5%

Options Vol

213

30D

Implied Move

±8.6%

IV Rank

38%

JCI Options Overview

Mixed signals. No clear edge detected.

REWARDS

RISK ANALYSIS

Snowflake Analysis

Balanced conditions with no clear edge

Learn

Loading score history...

JCI Gamma Walls

Loading gamma walls...

Value

Is IV priced right?

5.0

ExpensiveCheap

Measures whether options are cheap, fair, or rich relative to historical and peer

levels.

Risk Checks5/9 checks passed

IV Rank

≤35%

IV Rank 54.4% — elevated vs history

IV/HV Ratio

<1.05x

IV/HV 1.39x — IV premium over HV

Sector Relative≤50%

Sector percentile 61% — above sector median

Term Structure

<1.1x

Front/Back 0.84x — contango

Skew Normal

<1.25x

Put/Call IV 1.16x — elevated

Absolute IV

<80%

ATM IV 33.4% — normal range

Spread-Adjusted Value

<80%

Effective IV 61.8% (ATM 33.4% + spread 14.2% + bias) — good value

Execution Efficiency

<3.0%

Total drag 21.22% (spread 14.21% + slippage 7.01%) — high friction

Vega Efficiency

≥5.0

Vega efficiency 12.08 (vega 17.166 / spread 14.21%) — efficient

Sentiment

Bullish or bearish?

4.2

BearishBullish

Analyzes

put/call ratios

open interest skew

, and flow direction to determine market bias.

Risk ChecksVery Bearish - Strong signal (Conviction: -66%, Raw: -71%)

Flow Direction

|net sentiment| ≥25%

Conviction-weighted: -66% (strong bearish) — Raw: -71%

OI Skew Magnitude

≥15%

|OI skew| 35.2% — call-heavy

Volume-OI Alignment

Same sign, |vol skew| ≥10%

Vol skew +58.7%, OI skew +35.2% — aligned

Conviction Quality

≥2/3 conditions

0-DTE 0%, far-OTM 15%, avg DTE 30

OI Momentum

|change| ≥3%

OI change +0.0% (5d) — stable

Smart Money Flow

|weighted flow| ≥20%

ITM: -67%, ATM: +0%, OTM: -85% — strong bearish (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 16% — very bullish vs sector

Activity

Unusual activity?

2.3

QuietActive

Detects volume surges,

block trades

, and unusual options activity that may signal moves.

Risk Checks1/8 checks passed

Volume Surge

≥1.5x

Volume 0.2x avg — normal

Turnover Rate

≥15%

Vol/OI 0.3% — normal turnover

Multi-Day Persistence

≥2 days

1 day(s) elevated — may be one-day event

OI Build

≥5%

OI change +0.3% (5d) — stable

Sector Relative≥60%

Sector activity percentile 4% — quiet vs sector

Trade Quality

≥30%

Large trade volume 0% — mostly retail

Execution Urgency

≥60%

Aggressive execution 23% — patient

Flow Conviction

≥30

Conviction -66 (bearish) — strong conviction

Liquidity

Can I trade efficiently?

2.9

IlliquidLiquid

Evaluates

bid-ask spreads

, volume depth, and open interest for trade execution quality.

Risk Checks1/8 checks passed

Tradeable Spread

≤5.0%

Spread 14.2% — wide

Adequate OI

≥10,000

OI 69,323 — deep

Active Volume

≥500

Volume 213/day — thin

Reasonable Cost

≤$0.50

$0.71 to cross — expensive

Strike Coverage

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 64% — wider than sector

Order Book Depth

≥100 contracts

Depth 68.3 contracts (bid:34.8 ask:33.5) — thin

Execution Quality

<1.0%

Avg slippage 7.01% — poor

Timing

Is now a good time?

6.9

RiskyFavorable

Considers earnings proximity,

time decay

, and event calendar for optimal entry timing.

Risk Checks5/9 checks passed

Term Structure Clarity

|slope| ≥5%

Slope -16.1% — contango

IV Percentile Clarity

<30 or >70

IV percentile 54% — neutral

Event Detection

≥10pts kink

IV kink -3.9pts — no clear event

Theta/Vega Clarity

<0.5 or >2.0

θ/ν ratio 209.86 — favors income trades

Expiration Distribution

≥3 expirations

3 liquid expirations — flexible

Event Risk

≥60% (safe)

caution advised: FOMC in 5d; CPI in 0d (HIGH)

Spread Momentum

<1.2 ratio

Spread ratio 1.00x — stable

Flow Momentum

≥25% strength + ≥50% consistency

Flow -66% @ 83% consistency — STRONG directional (bearish)

Smart Money Timing

≥40 composite score

Score 30 (ITM 20% + inst 0%) — retail dominated

Directional Strategy Fit

Option Buyers

Long Calls4.7

bullishIV fair, mixed flow

Long Puts5.2

bearishIV fair, mixed flow

Premium Sellers

Cash-Secured Put4.6

bullishIV fair, mixed flow

Covered Call5.2

bearishIV fair, mixed flow

For educational purposes only. Not investment advice.

The Options Desk tracks the move options price into every US earnings report the week of Sep 7, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.

More on JCI

JCI gamma walls JCI option chain JCI max pain JCI expected move JCI IV rank JCI put/call ratio JCI options flow