What is ASO's options positioning and volatility profile?

Roarable tracks verified CBOE unusual options sweeps, put/call ratios, and OHLCV realized volatility bands for ASO.

Stock Ratings / Consumer Discretionary / ASO / options

BBWI (81) RH (56) BOBS (53) ARHS (75) ⌘ Pro Terminal →

Academy Sports and Outdoors Inc. (ASO) Options Positioning, Max Pain & Unusual Sweeps

$61.84 +4.46% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $62.22

Academy Sports and Outdoors Inc. (ASO) carries a Roarable Rating of C+ (Hold) with 68/100 RQD Confidence. The composite score sits in the neutral Hold band (59–69), meaning current holders don’t need to panic-sell while prospective buyers can wait for a move into the 70+ Buy zone.

ROARABLE C+ • HOLD / WATCH Cap $3.65B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on ASO Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is ASO stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, Academy Sports and Outdoors Inc. (NASDAQ: ASO) is rated C+ (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 68/100 at a spot price of $61.84 (+4.46% 1D, market cap $3.65B). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 15/20, SEC Balance-Sheet Forensics 11/20, FRED Macro Regime Fit 13/20, and Executive Insider Alignment 17/20. Across 1009 tracked Consumer Discretionary issuers, ASO ranks #184 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does ASO compare to BBWI and RH in the Consumer Discretionary sector?

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Within the Consumer Discretionary sector (Other Specialty Stores), ASO carries a Roarable C+ (68/100 RQD), trailing P/E of 9.9x, gross margin of 34.8%, and ROIC of 17.4%. By comparison, BBWI (Bath & Body Works Inc.) holds a A- grade (81/100 RQD, P/E 7.1x, ROIC 64.6%, cap $4.59B) and RH (RH) posts a D+ grade (56/100 RQD, P/E 22.9x, ROIC 15.1%, cap $2.78B). Among the 5-stock peer group, BBWI leads on earnings multiple (7.1x) while BBWI leads on capital efficiency (64.6% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for ASO?

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Per ASO's SEC EDGAR XBRL 10-K filing (FY2025, filed 2026-01-31, CIK 0001817358), Academy Sports and Outdoors Inc. generated $6.05B in revenue (+2.0% YoY), $376.8M in net income, and $222.1M in free cash flow against $5.28B in total assets and $480.8M in total debt. Key quantitative strengths: Big institutional funds and options desks are actively positioning on the bullish side. Primary risk factors monitored: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $62.22 (+0.61%)🧬 Cannibal Buyback (-2.64% YoY Shares)⚙️ Cash Engine: 12/20 (C-) • 3.7% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 68/100 (C+) historically posted market-perform odds over rolling 90-day windows (+1.8% avg 90D alpha vs SPY • 56.9% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERHOLD / WATCH • C+

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw B · Rk C-

Each axis scored 0–20

12M PRICE TARGET CONE+4.5% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for ASO)Realized 20D OHLCV Swing Band: ±7%

Deterministic 5-Pillar Attribution (68/100 Composite)

🔍 WHY ASO SCORES 68/100 (C+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Insider Conviction & Share Dilution+17/20 pts (25% of score)

SEC Form 4 / 13F Thermometer: 85% Net Buy • Cannibal Buyback (-2.64% YoY Shares)

▲ #2 Bullish Driver: Whale & Options Positioning+15/20 pts (22% of score)

20D Institutional Volume Accumulation (±7% realized swing band)

▼ #1 Drag / Risk Factor: SEC 10-K Forensic Risk11/20 pts (-9 pt drag)

Balance-sheet & 10-K footnote risk deducts 9 pts from forensic ceiling

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C$55.77+6.8% Next Q

Q2 (-2Q)

Grade C+$59.58-1.6% Next Q

Q3 (-1Q)

Grade C+$58.64+5.5% Next Q

Current

Grade C+$61.84+1.8% Hist 90D α

Trajectory: C (60) → C+ (68)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the ASO Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 68/100 (C+) score, ASO faces multiple-compression risk if 9.9x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.64% YoY Shares) — any gross margin slip below 32.3% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($52.25) or 200D SMA ($52.81) invalidates the momentum regime and cuts Target Base ($64.62) toward Bear Floor ($50.40).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $ASO• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “ASO Beats Next Quarter EPS Consensus (Jan 30, 2027) & Holds Above 200D SMA”

YES 68%NO 32%Trade / Inspect Odds →

CALL VS. PUT WHALE SHARE

— (No Active Options Snapshot)

Put/Call Ratio: — (No Active Options Snapshot)

MAX-PAIN EXPIRATION MAGNET

— (No Active Options Snapshot)

No active options chain max-pain snapshot on file

HISTORICAL 20D VOLATILITY SWING

±7%

Derived from 20D OHLCV bars (No Active Options Snapshot)

Active Strike Call vs. Put Concentration Ladder (ASO)

— (No Active Options Snapshot) — No unusual CBOE strike concentration anomalies recorded in the current database snapshot for ASO.

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Whale Flow & Momentum Playbook: Evaluating ASO & AI Leaders Without Chasing Tops

✓Institutional whale strikes & implied earnings move audit on ASO
✓How disciplined traders manage risk using pre-published trigger & invalidation levels
✓Includes nightly RQD rating-change & forensic signal email alerts on tracked leaders

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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ASO // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +19.45%⚡ TESTING RESISTANCE

2026-11-03O $60.35H $61.84L $59.20C $61.84VOL 920.5K

RES: $63.40SUP: $39.75SMA50: $52.25SMA200: $52.81

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

ASO Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 ASO Butterfly Map → + Track ASO →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

-1.4%/yr Implied 5Y Growth

vs. +2.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on ASO today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for ASO. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for ASO today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (ASO)

Consumer Discretionary Rank #184 of 1009 ⚔️ BBWI vs ASO Full Matrix →

1. Head-to-Head Consumer Discretionary Peer Comparison (ASO vs. BBWI, RH, BOBS, ARHS)

Industry: Other Specialty Stores (42 Tracked Issuers)

Across 1009 tracked Consumer Discretionary securities in the Roarable RQD universe, Academy Sports and Outdoors Inc. (ASO) ranks #184 by composite RQD confidence (68/100, grade C+) and #327 by equity capitalization ($3.65B). Within this direct 5-issuer industry benchmark cohort, BBWI leads on earnings valuation at 7.1x trailing P/E, while BBWI leads on capital efficiency and profitability with 64.6% ROIC and 43.7% gross margin. BBWI currently holds the highest overall quantitative score in the immediate peer group at 81/100 (A-) compared with ASO at 68/100 (C+).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
ASO ACTIVE Academy Sports and Outdoors Inc.	C+	68/100	9.9x	34.8%	17.4%	+4.46%	$3.65B	Benchmark Subject
BBWI Bath & Body Works Inc.	A-	81/100	7.1x	43.7%	64.6%	+1.85%	$4.59B	/bbwi-vs-aso →
RH RH	D+	56/100	22.9x	44.1%	15.1%	-0.09%	$2.78B	/rh-vs-aso →
BOBS Bob's Discount Furniture Inc.	D+	53/100	—	—	—	+5.07%	$2.17B	/bobs-vs-aso →
ARHS Arhaus Inc. (Class A)	B	75/100	26.8x	38.9%	42.6%	+0.72%	$1.76B	/arhs-vs-aso →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2026-01-31 • CIK 0001817358 ↗

In its most recent audited fiscal period (FY2025, filed 2026-01-31), Academy Sports and Outdoors Inc. (ASO) reported GAAP revenue of $6.05B (+2.0% vs. FY2024 revenue of $5.93B , and -1.7% cumulative change since FY2023) , GAAP net income of $376.8M, operating cash flow of $434.8M, and free cash flow of $222.1M (-32.4% YoY). On the balance sheet, ASO closed FY2025 with $5.28B in total assets against $480.8M in total debt (Altman Z-Score: 2.90, Piotroski F-Score: 6/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2026-01-31	$6.05B	$376.8M	$434.8M	$222.1M	$5.28B	$480.8M
FY2024 (FY)	2025-02-01	$5.93B	$418.4M	$528.1M	$328.5M	$4.90B	$482.7M
FY2023 (FY)	2024-02-03	$6.16B	$519.2M	$535.8M	$258.6M	$7.39B	$1.73B

3. ASO Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is ASO stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does ASO compare to BBWI and RH in the Consumer Discretionary sector?

What are the biggest fundamental strengths and SEC risk factors for ASO?

Where is ASO trading relative to its 50-day, 200-day, and 52-week technical levels?

ASO last traded at $61.84 (+4.46% on volume of 1,416,814 shares), positioning the stock +18.35% above its 50-day simple moving average ($52.25) and +17.10% above its 200-day simple moving average ($52.81). Across its 52-week range of $41.29 to $62.44, ASO sits at the 97.2% percentile with a 14-day RSI of 60.1 (BULLISH MOMENTUM) and an implied next-earnings move of ±7.0% ($57.51 to $66.17).

Direct Sub-Reports: ASO RQD Cockpit ASO 12M Forecast ASO Earnings & Move ASO Dividends & DRIP ASO Insiders & 13F ASO Whale Options ASO Profit Sankey ASO News & Why

ROARABLE RATING BRIEF • RQD 68/100 (C+) ✓ SEC XBRL & RQD VERIFIED

ASO — Academy Sports and Outdoors Inc.: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2026-01-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Academy Sports and Outdoors Inc. (ASO) earns a live Roarable RQD composite score of 68/100, corresponding to a C+ letter grade (Roarable Hold) at a spot price of $61.84 (+4.46% 1D, market capitalization $3.65B).

Fundamental Cash Engine (12/20): Anchored by return on invested capital (ROIC) of 17.4%, gross margin of 34.8%, operating margin of 8.5%, and free cash flow yield of 5.98%.
Whale 13F & Options Flow (15/20) + Insider Conviction (17/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (13/20) + Forensic Balance Sheet (11/20): Incorporates a 1.15x equity beta, Altman Z-Score of 2.90, Piotroski F-Score of 6/9, and Debt/Equity of 0.22x.

2. Business Model, Unit Margins & SEC Financial Trajectory

Academy Sports and Outdoors Inc. Is a NASDAQ-listed issuer in the Consumer Discretionary sector and the Other Specialty Stores industry. It operates as a specialty retailer. Per the market data, its gross margin is 34.8%, operating margin is 8.5%, and net margin is 6.2%.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2026-01-31), Academy Sports and Outdoors Inc. (ASO) reported $6.05B in annual revenue (up from $5.93B in FY2024, +2.0% YoY) and $376.8M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($6.16B revenue, $519.2M net income) through FY2025, ASO scaled operating cash flow to $434.8M and free cash flow to $222.1M, backed by $5.28B in total assets against $480.8M in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (C+ • RQD 68/100): Big institutional funds and options desks are actively positioning on the bullish side. Company leadership has skin in the game with net positive insider conviction. With Fundamental Cash Engine at 12/20 and Institutional Whale Flow at 15/20, sustained execution supports upside toward the upper end of the $41.29 – $62.44 52-week range.
🐻 Primary Bear Case & Valuation Risk: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins. Investors must weigh 9.9x trailing P/E and 5.6x EV/EBITDA against 8.5% operating margins and a 1.15x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Upstream and downstream dependencies, sector correlations, and second-order bottlenecks are — The only sector context provided is Consumer Discretionary and the Other Specialty Stores industry, plus the beta of 1.15 from the market data, which indicates above-market sensitivity but does not identify the transmission channels.

Key Question #1: Can ASO sustain or expand its 8.5% operating margin and 17.4% ROIC against Other Specialty Stores peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $6.05B and free cash flow of $222.1M, how will capital allocation balance growth reinvestment against $480.8M in total debt?
Key Question #3: How sensitive is ASO's 9.2x forward P/E multiple to Consumer Discretionary capital spending cycles and macro interest-rate shifts (Beta 1.15x)?

ASO Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Academy Sports and Outdoors Inc. (ASO) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to ASO Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo Finance • 1d ago

Is Academy Sports and Outdoors (ASO) Still Cheap On Earnings?

Yahoo Finance report covering Academy Sports and Outdoors Inc. (ASO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

Should Value Investors Buy Academy Sports and Outdoors (ASO) Stock?

Yahoo Finance report covering Academy Sports and Outdoors Inc. (ASO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Seeking Alpha • 1d ago

Academy Sports: HOKA Adds Excitement, But We Have To Read The Signal (NASDAQ:ASO)

Seeking Alpha report covering Academy Sports and Outdoors Inc. (ASO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE MarketBeat • 1d ago

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Stock Rated "Moderate Buy" by Sell-Side Analysts

MarketBeat report covering Academy Sports and Outdoors Inc. (ASO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingView • 1d ago

Academy Sports and Outdoors, Inc. Estimates – NASDAQ:ASO

TradingView report covering Academy Sports and Outdoors Inc. (ASO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Simply Wall St • 1d ago

Academy Sports And Outdoors (ASO), Why Is Attention Building Around It?

Simply Wall St report covering Academy Sports and Outdoors Inc. (ASO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE The Motley Fool • 1d ago

3 Absurdly Cheap Consumer Stocks to Buy With $1,000 While Tech Stocks Sell Off.

The Motley Fool report covering Academy Sports and Outdoors Inc. (ASO) market action, institutional positioning, and fundamental catalysts.

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🟢 CATALYST Yahoo Finance • 1d ago

Is Academy Sports and Outdoors (ASO) Outperforming Other Consumer Discretionary Stocks This Year?

Yahoo Finance report covering Academy Sports and Outdoors Inc. (ASO) market action, institutional positioning, and fundamental catalysts.

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🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

ASO Bull vs. Bear Conversation Board — What's Your Call at $61.84?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON ASO 🐻 33% BEARISH CONVICTION

DE DeltaGamma_99 RQD DEBATE OPENER • Options Flow Specialist 🐂 BULLISH 🎯 Target: $71.04 (+20.0%)

📌 Pinned Debate

Low valuation (P/E TTM 9.9, EV/EBITDA 5.6) combined with 17/20 insider and 16/20 institutional flow scores supports the upside case.

Long ASO at $59.20 targeting $71.04. Low valuation (P/E TTM 9.9, EV/EBITDA 5.6) combined with 17/20 insider and 16/20 institutional flow scores supports the upside case.. Institutional whale score is 15/20 and the risk/reward vs. the $41.29 52-week low is skewed heavily in favor of bulls.

ArenaChamp_24 🐂 BULL

@SkepticalCFA Fair point on 9.9x trailing P/E, but you're ignoring the forward operating leverage in Other Specialty Stores. If gross margin (34.8%) holds, EPS grows into the multiple faster than bears think.

SK SkepticalCFA RQD DEBATE OPENER • Fundamental Contrarian 🐻 BEARISH 🎯 Target: $50.32 (-15.0%)

Spot @ $59.20

Net income fell from $519.2M in FY 2023 to $376.8M in FY 2025 and the FCF yield of 5.98% is modest for a 1.15-beta stock.

Here is the bear case nobody on the bull side wants to address on ASO: Net income fell from $519.2M in FY 2023 to $376.8M in FY 2025 and the FCF yield of 5.98% is modest for a 1.15-beta stock.. At 9.9x trailing P/E, even a small guidance miss in Other Specialty Stores triggers a 12-15% air pocket.