DFEN ETF Options Chain and Prices
See Unusual Options Activity for DFEN 🔥
In the Money
DFEN Option Calls
11/20/26 (m)DFEN Option Puts
DFEN Option Calls 11/20/26 (m)
| Strike | Last Price | % Change | Volume | OI | Last Trade |
|---|---|---|---|---|---|
| 35.0 | $12.74 | -9.19% | 5 | 5 | 10/19, 02:45 PM |
| 40.0 | $9.00 | +36.36% | 5 | 2 | 10/16, 05:10 PM |
| 41.0 | ― | ― | ― | ― | ― |
| 42.0 | $7.14 | 0.00% | 5 | 0 | 10/19, 02:45 PM |
| 43.0 | $4.30 | -30.65% | 2 | 1 | 10/22, 03:35 PM |
| 44.0 | $11.20 | 0.00% | 1 | 0 | 09/23, 01:53 PM |
| 45.0 | $3.39 | -3.14% | 3 | 87 | 10/23, 05:34 PM |
| 46.0 | $3.77 | -25.79% | 1 | 1 | 10/22, 01:40 PM |
| 47.0 | $2.47 | -33.24% | 4 | 5 | 10/22, 05:59 PM |
| 48.0 | $2.10 | -20.75% | 6 | 38 | 10/23, 03:52 PM |
| 49.0 | $2.01 | -39.09% | 1 | 35 | 10/23, 07:19 PM |
| 50.0 | $1.83 | -5.67% | 12 | 219 | 10/23, 07:14 PM |
| 51.0 | $1.62 | -35.20% | 1 | 18 | 10/23, 07:49 PM |
| 52.0 | $1.35 | +3.85% | 5 | 41 | 10/23, 06:43 PM |
| 53.0 | $1.15 | +1.77% | 28 | 32 | 10/23, 06:23 PM |
| 54.0 | $0.90 | -40.40% | 11 | 21 | 10/23, 01:30 PM |
| 55.0 | $0.95 | +5.56% | 6 | 315 | 10/23, 07:31 PM |
DFEN Option Puts 11/20/26 (m)
| Strike | Last Price | % Change | Volume | OI | Last Trade |
|---|---|---|---|---|---|
| 35.0 | $0.87 | -3.33% | 7 | 134 | 10/23, 07:46 PM |
| 40.0 | $2.29 | +11.71% | 14 | 183 | 10/23, 07:46 PM |
| 41.0 | $2.30 | +55.41% | 1 | 37 | 10/22, 07:42 PM |
| 42.0 | $2.40 | +17.07% | 1 | 50 | 10/22, 01:30 PM |
| 43.0 | $4.49 | +95.22% | 2 | 33 | 10/23, 01:56 PM |
| 44.0 | $3.64 | +10.30% | 11 | 79 | 10/22, 02:04 PM |
| 45.0 | $5.18 | +11.88% | 1 | 303 | 10/23, 04:26 PM |
| 46.0 | $3.80 | -2.56% | 1 | 13 | 10/21, 02:28 PM |
| 47.0 | $3.90 | +15.73% | 1 | 37 | 10/19, 03:42 PM |
| 48.0 | $4.70 | -19.75% | 2 | 40 | 10/16, 05:30 PM |
| 49.0 | $5.10 | -18.14% | 1 | 3 | 10/16, 05:30 PM |
| 50.0 | $7.70 | +24.60% | 4 | 82 | 10/22, 07:02 PM |
| 51.0 | $6.93 | -3.08% | 1 | 5 | 10/21, 04:33 PM |
| 52.0 | $6.90 | +30.19% | 1 | 0 | 09/28, 06:24 PM |
| 53.0 | $7.60 | -18.72% | 1 | 3 | 10/21, 01:32 PM |
| 54.0 | $7.92 | -4.58% | 1 | 1 | 10/02, 02:01 PM |
| 55.0 | $9.00 | -11.07% | 13 | 31 | 10/16, 07:54 PM |
DFEN Options Summary
Expiring Nov 20, 2026 · As of Oct 23, 2026, 3:49 PM ET
- Put/Call Ratio (Volume)
- 0.40
- Put/Call Ratio (Open Interest)
- 0.89
- ATM Implied Volatility
- 86.5%
- Expected Move by Nov 20, 2026
- ±$8.57 (±19.10%)
- Max Pain
- $49.00
Top 5 Strikes by Open Interest
| Strike | Call OI | Put OI | Total OI |
|---|---|---|---|
| $45.00 | 87 | 303 | 390 |
| $55.00 | 315 | 31 | 346 |
| $50.00 | 219 | 82 | 301 |
| $40.00 | 2 | 183 | 185 |
| $60.00 | 152 | 26 | 178 |
FAQ
What is the put/call ratio for DFEN options?
DFEN options expiring Nov 20, 2026 show a put/call volume ratio of 0.40 (71 puts vs. 179 calls traded) and a put/call open interest ratio of 0.89 (1,074 puts vs. 1,203 calls open) as of Oct 23, 2026, 3:49 PM ET. A ratio above 1 means more puts than calls, which often reflects hedging or a bearish tilt.
What is the implied volatility of DFEN options?
The at-the-money implied volatility of DFEN options expiring Nov 20, 2026 is 86.5%, derived from the prices of the $45.00 strike call and put as of Oct 23, 2026, 3:49 PM ET.
What is the expected move for DFEN by Nov 20, 2026?
The options market prices an expected move of ±$8.57 (±19.10%) for DFEN by the Nov 20, 2026 expiration. This is the price of the at-the-money straddle at the $45.00 strike.
What is the max pain price for DFEN options?
The max pain strike for DFEN options expiring Nov 20, 2026 is $49.00. At that price, the open DFEN calls and puts would pay their holders the least at expiration.
Which DFEN option strikes have the most open interest?
For the Nov 20, 2026 expiration, the DFEN strikes with the most open interest are $45.00 (390 contracts), $55.00 (346 contracts), $50.00 (301 contracts), $40.00 (185 contracts), $60.00 (178 contracts).
Options chain for Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN).