DSX Options History — February 2026

In February 2026, DSX traded between $2.20 and $2.62. ATM implied volatility averaged 66.9%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded above realized volatility by 25.1% (HV 20d: 41.8%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 0.06.

Notable Days

  • 2026-02-05: Highest Volume — 513 contracts
  • 2026-02-25: Largest IV spike — 108.1% change
  • 2026-02-27: Highest IV Rank — 32.6%
  • 2026-02-27: Largest Expected Move — 32.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.42$2.20$2.62$2.29$2.60
Max Pain$1.16$1.00$2.00$2.00$1.00
ATM IV66.9%39.5%114.0%72.6%114.0%
Expected Move18.8%10.5%32.7%20.8%32.7%
HV 20d41.8%31.5%50.0%48.4%33.9%
HV 60d45.3%42.0%46.9%46.9%42.0%
IV Rank15.8%6.0%32.6%17.9%32.6%
IV Percentile42.0%10.3%80.2%53.6%80.2%
Term Structure12.3%-35.8%42.6%-35.8%25.0%
VWIV55.4%29.0%90.0%90.0%56.3%
Skew 25d29.0%-11.8%72.6%-2.4%44.6%
Skew 10d75.4%-19.1%195.1%158.3%6.1%
Call IV 25d45.2%33.2%65.4%65.4%52.7%
Put IV 25d74.2%47.0%115.8%62.9%97.4%
Bid-Ask Spread %102.4667.76138.76118.0089.80
Gamma HHI0.540.460.760.600.46
Net GEX23.7K20.7K29.1K25.7K25.5K
Net DEX-1.4M-1.8M-1.1M-1.2M-1.7M
Net VEX-2.8K-3.4K-2.3K-2.8K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.060.000.490.230.01
Total Volume244.368751327294
Total OI10,246.3169,71211,0259,91111,018

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$2.29$2.0072.6%20.8%48.4%17.9%0.0%-2.4%-35.8%25.7K-1.2M-2.8K0.23118.00N/AN/A2259,810101
2026-02-03$2.30$2.0058.2%16.7%48.5%12.7%0.0%-5.1%-29.8%26.0K-1.2M-2.5K0.00114.72N/AN/A2009,808106
2026-02-04$2.28$2.0053.7%15.4%47.7%11.1%90.0%-11.8%-16.9%25.4K-1.2M-2.7K0.0093.69N/AN/A42519,818106
2026-02-05$2.20$1.0045.3%10.5%50.0%8.1%32.1%8.5%28.6%29.1K-1.1M-2.5K0.00111.13N/AN/A51309,882107
2026-02-06$2.29$1.0047.5%15.1%49.7%8.9%58.5%11.1%11.7%24.0K-1.2M-2.7K0.00105.84N/AN/A3109,605107
2026-02-09$2.33$1.0059.4%12.2%49.7%13.2%34.4%25.9%12.7%23.3K-1.3M-2.3K0.0095.30N/AN/A51109,615107
2026-02-10$2.33$1.0062.4%15.4%47.9%14.2%57.9%15.8%4.3%23.8K-1.3M-2.6K0.0490.13N/AN/A21999,636107
2026-02-11$2.42$1.0043.0%12.3%48.8%7.3%29.0%42.6%42.3%21.0K-1.4M-2.5K0.00114.64N/AN/A28109,720107
2026-02-12$2.37$1.0088.8%25.5%48.5%23.7%82.0%58.5%-2.5%21.6K-1.3M-3.1K0.00138.76N/AN/A35609,855108
2026-02-13$2.40$1.0072.9%20.9%42.1%17.9%0.0%67.0%16.4%23.1K-1.4M-3.2K0.00114.84N/AN/A7010,061108
2026-02-17$2.42$1.0082.1%23.5%41.0%21.2%58.2%69.5%13.2%22.8K-1.4M-3.0K0.01109.33N/AN/A260310,068108
2026-02-18$2.45$1.0081.5%23.4%39.1%21.0%53.5%72.6%6.0%23.0K-1.4M-3.0K0.01111.91N/AN/A132110,205108
2026-02-19$2.54$1.0055.8%16.0%33.1%11.9%64.6%27.8%28.3%22.7K-1.6M-2.7K0.0481.45N/AN/A2611010,209109
2026-02-20$2.58$1.0039.5%11.3%32.5%6.0%53.7%41.3%40.2%21.7K-1.7M-2.4K0.02102.29N/AN/A381610,406119
2026-02-23$2.62$1.0048.8%14.0%31.5%9.4%42.1%10.0%42.6%20.7K-1.8M-2.6K0.2867.76N/AN/A2888110,480103
2026-02-24$2.54$1.0052.2%15.0%34.4%10.6%54.8%13.1%15.5%21.0K-1.8M-2.8K0.49104.58N/AN/A1738510,662181
2026-02-25$2.56$1.00108.7%31.2%33.9%30.7%48.2%34.7%17.1%24.6K-1.7M-3.4K0.01101.69N/AN/A86110,759266
2026-02-26$2.54$1.0085.5%24.5%33.4%22.5%71.0%27.9%14.5%25.1K-1.6M-3.1K0.0180.84N/AN/A180110,738267
2026-02-27$2.60$1.00114.0%32.7%33.9%32.6%56.3%44.6%25.0%25.5K-1.7M-3.2K0.0189.80N/AN/A291310,750268