DSX Options History — August 2025

In August 2025, DSX traded between $1.50 and $1.65. ATM implied volatility averaged 77.2%, placing in the 23.0% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 43.6% (HV 20d: 33.6%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.02.

Notable Days

  • 2025-08-29: Highest Volume — 124 contracts
  • 2025-08-13: Largest IV drop — 67.2% change
  • 2025-08-12: Highest IV Rank — 60.0%
  • 2025-08-01: Largest Expected Move — 37.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.58$1.50$1.65$1.50$1.65
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV77.2%46.2%164.5%129.7%49.7%
Expected Move16.2%13.2%37.2%37.2%14.2%
HV 20d33.6%28.5%39.2%39.2%28.7%
HV 60d40.7%36.2%43.2%43.2%36.2%
IV Rank23.0%9.8%60.0%45.2%11.3%
IV Percentile64.9%38.9%96.0%93.3%46.0%
Term Structure6.1%-52.2%261.0%-52.2%-17.2%
VWIV92.5%65.2%124.3%105.8%101.2%
Skew 25d21.8%13.1%37.6%13.5%30.2%
Skew 10d26.3%-6.5%47.2%0.1%47.2%
Call IV 25d52.0%45.3%58.6%45.3%58.6%
Put IV 25d73.8%58.8%91.6%58.8%88.8%
Bid-Ask Spread %35.3711.5577.8477.8448.34
Gamma HHI0.870.780.970.790.90
Net GEX11.6K9.5K14.9K9.7K13.1K
Net DEX-416.6K-535.9K-341.0K-426.5K-442.9K
Net VEX-1.3K-1.9K-1.1K-1.8K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.0018.000.300.00
Total Volume29.714012426124
Total OI8,332.1438,2618,4058,2618,405

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$1.50$1.00129.7%37.2%39.2%45.2%105.8%13.5%-52.2%9.7K-426.5K-1.8K0.3077.84N/AN/A2068,118143
2025-08-04$1.52$1.0092.4%14.9%39.2%29.4%98.1%14.1%-17.9%9.7K-341.0K-1.2K0.0149.05N/AN/A7618,118149
2025-08-05$1.54$1.0099.5%15.3%39.2%32.5%70.3%18.6%19.0%10.0K-413.9K-1.5K0.0048.61N/AN/A208,186150
2025-08-06$1.56$1.0092.4%15.7%39.1%29.4%0.0%20.4%15.1%10.9K-414.8K-1.5K0.2052.59N/AN/A1028,187150
2025-08-07$1.54$1.00111.2%15.6%34.6%37.4%0.0%13.1%-10.3%9.5K-535.9K-1.9K0.0050.63N/AN/A808,187149
2025-08-08$1.56$1.00104.7%14.3%33.6%34.6%0.0%13.6%-18.2%10.9K-402.9K-1.4K0.0019.69N/AN/A008,191149
2025-08-11$1.56$1.00138.3%14.8%32.8%48.9%90.3%16.9%-4.1%10.8K-395.4K-1.3K0.0015.78N/AN/A508,191149
2025-08-12$1.58$1.00164.5%15.3%31.5%60.0%83.9%21.9%-4.1%11.5K-407.1K-1.3K0.0018.35N/AN/A1308,191149
2025-08-13$1.58$1.0053.9%15.5%31.2%13.1%0.0%22.1%-4.5%11.5K-400.8K-1.2K0.0018.35N/AN/A4408,183150
2025-08-14$1.56$1.0053.6%15.4%29.2%13.0%0.0%17.5%261.0%10.5K-417.2K-1.4K0.0017.79N/AN/A018,213150
2025-08-15$1.56$1.0054.4%15.6%28.5%13.3%0.0%17.7%-0.2%10.0K-435.8K-1.6K0.2518.35N/AN/A828,213151
2025-08-18$1.63$1.0046.2%13.2%32.3%9.8%65.2%27.4%77.3%12.5K-409.9K-1.2K0.1114.22N/AN/A3748,144149
2025-08-19$1.56$1.0057.7%16.5%35.8%14.7%0.0%18.7%-13.5%10.8K-372.2K-1.1K0.5017.76N/AN/A218,153151
2025-08-20$1.56$1.0058.6%16.8%33.8%15.1%103.3%19.0%-14.0%10.7K-383.4K-1.2K0.0249.46N/AN/A5318,155152
2025-08-21$1.60$1.0046.6%13.4%34.9%10.0%82.6%22.0%-13.4%12.4K-439.7K-1.2K0.0011.55N/AN/A4208,161152
2025-08-22$1.60$1.0047.4%13.6%33.9%10.4%0.0%17.5%-13.9%11.6K-411.4K-1.2K18.0049.42N/AN/A1188,197109
2025-08-25$1.65$1.0053.9%15.5%35.6%13.1%0.0%33.9%-14.3%14.4K-416.1K-1.1K0.0050.06N/AN/A6808,197127
2025-08-26$1.65$1.0062.9%18.0%35.3%16.9%124.3%37.6%-14.9%14.9K-439.9K-1.2K0.0052.03N/AN/A3508,219127
2025-08-27$1.64$1.0046.5%13.3%29.4%10.0%0.0%25.5%-15.9%12.7K-398.1K-1.1K0.0014.56N/AN/A2508,243127
2025-08-28$1.65$1.0057.5%16.5%28.7%14.6%0.0%35.9%-16.3%14.5K-444.0K-1.2K0.0048.34N/AN/A1508,263127
2025-08-29$1.65$1.0049.7%14.2%28.7%11.3%101.2%30.2%-17.2%13.1K-442.9K-1.3K0.0048.34N/AN/A12408,278127