DSX Options History — October 2025

In October 2025, DSX traded between $1.58 and $1.77. ATM implied volatility averaged 99.8%, placing in the 29.5% IV rank vs the trailing year. The 30-day expected move averaged 22.3%. IV traded above realized volatility by 54.5% (HV 20d: 45.3%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 0.27.

Notable Days

  • 2025-10-06: Highest Volume — 1,642 contracts
  • 2025-10-10: Largest IV spike — 105.5% change
  • 2025-10-14: Highest IV Rank — 100.0%
  • 2025-10-28: Largest Expected Move — 31.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.69$1.58$1.77$1.71$1.73
Max Pain$1.91$1.00$2.00$2.00$1.00
ATM IV99.8%51.6%302.6%52.1%70.2%
Expected Move22.3%14.7%31.3%14.9%20.1%
HV 20d45.3%37.5%57.9%57.8%44.3%
HV 60d43.8%41.6%45.1%42.9%44.4%
IV Rank29.5%12.3%100.0%12.5%17.0%
IV Percentile74.8%50.4%100.0%50.8%68.3%
Term Structure13.8%-37.5%52.4%11.8%24.6%
VWIV102.6%54.2%168.2%112.5%159.5%
Skew 25d148.0%40.8%293.4%43.7%63.9%
Skew 10d176.8%19.2%360.6%65.4%35.5%
Call IV 25d62.7%40.5%96.8%60.2%41.5%
Put IV 25d210.7%87.0%360.0%104.0%105.4%
Bid-Ask Spread %97.9312.54124.9312.54105.27
Gamma HHI0.880.830.930.880.88
Net GEX13.7K10.4K18.9K11.1K18.9K
Net DEX-523.0K-640.1K-400.4K-423.1K-568.7K
Net VEX-2.2K-2.5K-1.8K-1.9K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.005.640.000.01
Total Volume321.52201,642910
Total OI8,856.3486,92410,6496,92410,649

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$1.71$2.0052.1%14.9%57.8%12.5%112.5%43.7%11.8%11.1K-423.1K-1.9K0.0012.54N/AN/A9106,709215
2025-10-02$1.69$2.0051.6%14.8%57.9%12.3%168.2%273.3%-24.4%10.5K-427.1K-1.9K0.0045.35N/AN/A11606,782215
2025-10-03$1.69$2.0064.5%18.5%57.7%17.7%0.0%293.4%-26.0%11.6K-400.4K-1.9K0.0048.70N/AN/A16906,865154
2025-10-06$1.77$2.0056.7%14.7%54.6%14.4%0.0%170.5%12.7%12.0K-520.2K-2.2K0.0092.89N/AN/A1,64116,996154
2025-10-07$1.71$2.0084.5%16.5%43.8%26.2%0.0%170.8%2.6%12.5K-538.7K-2.4K0.0092.95N/AN/A3308,232154
2025-10-08$1.69$2.0066.4%16.7%39.6%18.5%73.8%170.9%-6.6%12.8K-479.4K-2.2K0.2393.52N/AN/A82198,257154
2025-10-09$1.66$2.0081.5%18.5%39.8%24.9%0.0%174.2%-7.8%12.5K-468.6K-2.2K0.0093.37N/AN/A208,250154
2025-10-10$1.58$2.00167.5%24.0%37.5%61.3%0.0%172.6%-37.5%11.8K-461.3K-2.1K0.00115.14N/AN/A55508,250154
2025-10-13$1.62$2.00242.7%21.2%39.2%93.1%89.5%205.8%-10.8%10.4K-433.5K-1.9K0.00109.32N/AN/A607,794154
2025-10-14$1.64$2.00302.6%30.2%38.5%100.0%91.1%179.1%-24.7%11.3K-423.9K-1.8K0.00108.70N/AN/A1,20507,797154
2025-10-15$1.65$2.0087.6%25.1%37.9%23.2%0.0%211.6%49.1%10.8K-476.5K-1.9K0.00124.93N/AN/A2608,799154
2025-10-16$1.75$2.00104.2%29.9%44.6%29.1%72.0%202.8%1.2%14.9K-604.0K-2.3K0.00115.80N/AN/A59718,820154
2025-10-17$1.69$2.0083.6%24.0%45.8%21.8%0.0%109.4%47.6%14.2K-561.1K-2.4K5.64117.34N/AN/A895029,365154
2025-10-20$1.67$2.0094.3%27.0%45.4%25.6%0.0%87.1%31.4%13.8K-566.1K-2.3K0.00113.42N/AN/A30108,891105
2025-10-21$1.63$2.0067.9%19.5%44.9%16.2%0.0%40.8%42.8%14.4K-556.6K-2.3K0.00105.27N/AN/A409,183105
2025-10-22$1.63$2.0089.1%25.6%44.9%23.8%0.0%71.8%52.4%13.6K-550.9K-2.3K0.00100.14N/AN/A12709,181105
2025-10-23$1.69$2.0091.8%26.3%45.1%24.7%0.0%58.6%48.4%14.8K-595.5K-2.4K0.00105.76N/AN/A109,249105
2025-10-24$1.71$2.0093.6%26.8%45.3%25.4%0.0%61.9%47.3%15.8K-612.9K-2.5K0.01105.27N/AN/A1,00689,252105
2025-10-27$1.69$2.0098.8%28.3%45.3%27.2%0.0%248.0%48.7%15.3K-604.2K-2.5K0.00118.44N/AN/A16010,257113
2025-10-28$1.73$2.00109.2%31.3%44.3%30.9%54.2%240.7%-16.9%16.3K-640.1K-2.5K0.00118.80N/AN/A517010,268113
2025-10-29$1.71$2.0066.5%19.1%44.4%15.7%159.5%90.7%26.0%18.0K-548.4K-2.3K0.00104.26N/AN/A204110,273113
2025-10-30$1.73$1.0068.6%19.7%44.3%16.4%0.0%62.6%24.9%18.9K-566.6K-2.4K0.01105.25N/AN/A74110,475114
2025-10-31$1.73$1.0070.2%20.1%44.3%17.0%0.0%63.9%24.6%18.9K-568.7K-2.4K0.00105.27N/AN/A0010,534115