Options/RTX

RTXRTX Corporation

Options Analysis Report•AIRCRAFT ENGINES & ENGINE PARTS

Market Cap $285.8B|NYSE

● 2026-08-28$212.08

NEUTRAL

Analysis: 2026-08-27 EOD data

1Y +32.0%YTD +13.3%7D +1.0%

Options Vol

4,785

30D

Implied Move

±6.5%

IV Rank

RTX Options Overview

IV is low. No clear edge detected.

REWARDS

RISK ANALYSIS

Snowflake Analysis

Favorable conditions for option buyers

Learn

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RTX Gamma Walls

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RTX Hedge Radar

Neutral

Full Hedge Radar

Neither score is at an extreme today. Neither axis is a forecast — this is where RTX sits on protection cost vs. fragility today.

Protection is priced in the cheap band (2.49) — near-dated vol is priced 13% below far-dated, and implied vol sits in the 4th percentile of its own past year, measured against this name's own rolling 20-trading-day realized moves (484 overlapping windows). Fragility reads neutral (4.46): it is trading 2% above its hedge wall on a wall graded HIGH for reliability, and its realized-vol regime is stable.

Protection cost

2.49/ 10cheap

Basis: cross_sectional

Fragility

4.46/ 10neutral

Basis: per_ticker

Value

Is IV priced right?

8.4

ExpensiveCheap

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

levels.

Risk Checks7/9 checks passed

IV Rank

≤35%

IV Rank 21.3% — cheap vs history

IV/HV Ratio

<1.05x

IV/HV 1.21x — IV premium over HV

Sector Relative≤50%

Sector percentile 20% — below sector median

Term Structure

<1.1x

Front/Back 0.87x — contango

Skew Normal

<1.25x

Put/Call IV 1.16x — elevated

Absolute IV

<80%

ATM IV 25.1% — normal range

Spread-Adjusted Value

<80%

Effective IV 41.1% (ATM 25.1% + spread 8.0% + bias) — excellent value

Execution Efficiency

<3.0%

Total drag 17.13% (spread 8.02% + slippage 9.11%) — high friction

Vega Efficiency

≥5.0

Vega efficiency 32.40 (vega 25.982 / spread 8.02%) — efficient

Sentiment

Bullish or bearish?

5.7

BearishBullish

Analyzes

put/call ratios

open interest skew

, and flow direction to determine market bias.

Risk ChecksBullish - Moderate signal (Conviction: +17%, Raw: +0%)

Flow Direction

|net sentiment| ≥25%

Conviction-weighted: +17% (bullish) — Raw: +0%

OI Skew Magnitude

≥15%

|OI skew| 10.9% — balanced

Volume-OI Alignment

Same sign, |vol skew| ≥10%

Vol skew +2.5%, OI skew +10.9% — weak (same direction)

Conviction Quality

≥2/3 conditions

0-DTE 20%, far-OTM 15%, avg DTE 30

OI Momentum

|change| ≥3%

OI change +0.0% (5d) — stable

Smart Money Flow

|weighted flow| ≥20%

ITM: +13%, ATM: -36%, OTM: +14% — neutral (ITM/ATM divergent)

Sector Relative≤40% or ≥60%

Sector P/C percentile 61% — bearish vs sector

Activity

Unusual activity?

2.4

QuietActive

Detects volume surges,

block trades

, and unusual options activity that may signal moves.

Risk Checks0/8 checks passed

Volume Surge

≥1.5x

Volume 0.3x avg — normal

Turnover Rate

≥15%

Vol/OI 2.7% — normal turnover

Multi-Day Persistence

≥2 days

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

OI Build

≥5%

OI change -16.6% (5d) — unwinding

Sector Relative≥60%

Sector activity percentile 47% — neutral vs sector

Trade Quality

≥30%

Large trade volume 17% — mixed

Execution Urgency

≥60%

Aggressive execution 25% — patient

Flow Conviction

≥30

Conviction +17 (bullish) — mixed

Liquidity

Can I trade efficiently?

4.9

IlliquidLiquid

Evaluates

bid-ask spreads

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

Risk Checks5/8 checks passed

Tradeable Spread

≤5.0%

Spread 8.0% — wide

Adequate OI

≥10,000

OI 179,830 — deep

Active Volume

≥500

Volume 4,785/day — adequate

Reasonable Cost

≤$0.50

$0.40 to cross — cheap

Strike Coverage

≥5 strikes

0 liquid strikes — limited options

Sector Relative≤40%

Sector spread percentile 25% — tighter than sector

Order Book Depth

≥100 contracts

Depth 174.7 contracts (bid:64.3 ask:110.4) — adequate

Execution Quality

<1.0%

Avg slippage 9.11% — poor

Timing

Is now a good time?

7.7

RiskyFavorable

Considers earnings proximity,

time decay

, and event calendar for optimal entry timing.

Risk Checks7/9 checks passed

Term Structure Clarity

|slope| ≥5%

Slope -13.2% — contango

IV Percentile Clarity

<30 or >70

IV percentile 21% — buyer opportunity

Event Detection

≥10pts kink

IV kink -1.5pts — no clear event

Theta/Vega Clarity

<0.5 or >2.0

θ/ν ratio 279.98 — favors income trades

Expiration Distribution

≥3 expirations

5 liquid expirations — flexible

Event Risk

≥60% (safe)

safe window: No events detected

Spread Momentum

<1.2 ratio

Spread ratio 1.00x — stable

Flow Momentum

≥25% strength + ≥50% consistency

Flow +17% @ 59% consistency — unclear

Smart Money Timing

≥40 composite score

Score 47 (ITM 20% + inst 17%) — moderate institutional

Directional Strategy Fit

Option Buyers

Long Calls6.8

bullishIV cheap, mixed flow

Long Puts6.3

bearishIV cheap, mixed flow

Premium Sellers

Cash-Secured Put4.6

bullishIV too cheap, mixed flow

Covered Call4.1

bearishIV too cheap, mixed flow

For educational purposes only. Not investment advice.