DSX Options History — March 2026

In March 2026, DSX traded between $2.25 and $2.66. ATM implied volatility averaged 131.6%, placing in the 38.9% IV rank vs the trailing year. The 30-day expected move averaged 21.2%. IV traded above realized volatility by 84.0% (HV 20d: 47.6%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.45.

Notable Days

  • 2026-03-24: Highest Volume — 1,058 contracts
  • 2026-03-17: Largest IV spike — 763.3% change
  • 2026-03-25: Highest IV Rank — 86.4%
  • 2026-03-26: Largest Expected Move — 66.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.44$2.25$2.66$2.66$2.50
Max Pain$1.68$1.00$2.00$1.00$2.00
ATM IV131.6%24.8%264.5%91.5%142.0%
Expected Move21.2%9.4%66.9%26.2%40.7%
HV 20d47.6%34.3%62.3%34.3%62.3%
HV 60d45.1%40.4%50.1%41.8%50.1%
IV Rank38.9%0.8%86.4%24.6%42.6%
IV Percentile67.8%0.4%99.6%62.3%90.5%
Term Structure6.8%-67.4%51.6%51.6%-67.4%
VWIV77.6%54.1%149.0%149.0%54.1%
Skew 25d-2.1%-62.3%182.2%38.7%15.3%
Skew 10d24.9%-163.2%249.6%-1.8%14.3%
Call IV 25d83.4%51.6%143.0%57.3%58.6%
Put IV 25d81.3%43.5%325.2%96.0%73.8%
Bid-Ask Spread %71.1745.63119.4782.4545.63
Gamma HHI0.480.450.570.460.48
Net GEX17.4K10.3K26.2K22.9K17.7K
Net DEX-1.3M-1.8M-829.0K-1.8M-1.1M
Net VEX-3.1K-3.5K-2.5K-3.4K-3.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.005.000.010.00
Total Volume277.091111,05844261
Total OI10,464.3647,38912,04011,0188,772

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$2.66$1.0091.5%26.2%34.3%24.6%149.0%38.7%51.6%22.9K-1.8M-3.4K0.0182.45N/AN/A439310,748270
2026-03-03$2.61$1.0058.7%16.8%34.5%12.9%56.2%7.8%16.6%22.9K-1.8M-2.8K0.02101.41N/AN/A6101510,828273
2026-03-04$2.59$1.0089.4%25.6%34.9%23.9%81.3%37.0%15.4%26.2K-1.7M-3.0K0.05101.70N/AN/A117611,045270
2026-03-05$2.54$1.0083.5%23.9%35.7%21.8%70.0%-26.6%-17.1%25.9K-1.6M-2.9K0.01114.29N/AN/A191110,718274
2026-03-06$2.38$1.0084.4%15.4%41.2%22.1%55.7%-62.3%-10.5%10.3K-1.4M-2.5K0.00119.47N/AN/A554010,831274
2026-03-09$2.48$1.0071.1%15.9%41.4%17.3%64.5%-24.3%4.3%11.5K-1.6M-2.6K0.10110.17N/AN/A4524411,038274
2026-03-10$2.46$1.0091.6%11.6%41.2%24.7%0.0%-30.1%38.0%12.8K-1.6M-2.7K3.93111.64N/AN/A145511,370318
2026-03-11$2.38$2.0068.4%19.6%43.2%16.4%57.0%29.4%49.2%21.0K-1.3M-3.0K0.00111.41N/AN/A630110,795362
2026-03-12$2.29$2.0072.8%15.6%43.0%17.9%71.6%7.8%13.9%23.7K-1.3M-3.2K0.2456.09N/AN/A1343211,204362
2026-03-13$2.25$2.0076.1%21.2%42.9%19.1%76.1%37.2%48.2%23.0K-1.2M-3.1K5.0050.97N/AN/A31511,282350
2026-03-16$2.29$2.0024.8%14.0%43.1%0.8%95.7%182.2%18.3%17.2K-1.3M-2.8K0.0349.58N/AN/A172611,282364
2026-03-17$2.46$2.00214.1%9.9%50.5%68.4%74.4%-18.0%36.1%13.6K-1.5M-3.1K0.1545.87N/AN/A1442211,421363
2026-03-18$2.46$2.00246.4%14.2%50.3%79.9%80.1%-21.9%-1.2%14.2K-1.5M-2.9K0.0154.48N/AN/A118111,397385
2026-03-19$2.46$2.00260.8%14.5%48.5%85.1%82.7%-21.6%18.1%13.6K-1.5M-3.1K0.0047.63N/AN/A348111,508386
2026-03-20$2.30$2.00144.0%16.4%53.2%43.4%69.9%-22.9%4.2%13.2K-1.4M-2.8K0.0253.42N/AN/A162411,656384
2026-03-23$2.42$2.00188.5%9.4%56.5%59.2%95.5%-31.1%9.7%13.4K-829.0K-3.2K0.2651.26N/AN/A141367,032357
2026-03-24$2.53$2.00237.6%26.8%58.0%76.8%79.0%-23.1%-26.9%15.8K-856.3K-3.2K0.0049.45N/AN/A1,05807,124393
2026-03-25$2.48$2.00264.5%19.1%58.4%86.4%92.1%-23.5%-22.7%17.0K-1.0M-3.5K0.0051.33N/AN/A1108,109393
2026-03-26$2.45$2.00233.4%66.9%58.4%75.3%98.0%-42.5%-11.7%17.1K-972.1K-3.4K0.0061.68N/AN/A28108,127393
2026-03-27$2.37$2.0054.2%15.5%58.7%11.3%65.7%5.1%-2.8%14.8K-930.0K-3.5K0.0249.61N/AN/A12728,290393
2026-03-30$2.35$2.0097.2%27.9%57.8%26.6%60.4%-59.3%-13.8%15.7K-950.8K-3.5K0.0046.28N/AN/A8508,408393
2026-03-31$2.50$2.00142.0%40.7%62.3%42.6%54.1%15.3%-67.4%17.7K-1.1M-3.4K0.0045.63N/AN/A6108,379393