Deutsche Bank (DB) Options Chain

NYSE: DBFinanceMajor BanksUSD

33.68+0.05 (+0.15%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 41
Share price: $33.68
Put/call ratio (OI): 1.15
Put/call ratio (volume): 0.31
ATM implied volatility: 37.3%
Expected move: ±$4.21
Open interest (C / P): 1.07K / 1.23K

DB options summary

The DB options chain for the November 20, 2026 expiration lists 11 call and 11 put contracts, with 41 days until expiration. Open interest stands at 1,075 calls and 1,234 puts, a put/call ratio of 1.15, which is fairly balanced between calls and puts. At-the-money implied volatility near the $34.00 strike is 37.3%, which implies the market expects a move of about ±$4.21 (12.5%) in Deutsche Bank stock by expiration.

The most open interest sits at the $37.00 call (390 contracts) and the $31.00 put (321 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

DB options chain · November 20, 2026

DB calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	29.00	0.25	0.35	0.25	43.1%	7	267
—	—	—	—	—	—	30.00	0.40	0.50	0.45	41.5%	1	169
—	—	—	—	—	—	31.00	0.60	1.75	0.68	52.5%	5	321
—	—	—	—	—	—	32.00	0.85	1.00	0.95	39.0%	18	9
—	—	—	—	—	—	33.00	1.20	1.35	1.25	37.5%	9	103
DB $33.68
—	—	—	—	—	—	34.00	1.65	1.85	1.70	37.3%	22	52
94	1	38.9%	1.10	1.05	1.20	35.00	2.20	2.40	2.39	36.1%	2	145
129	6	38.1%	0.80	0.70	0.85	36.00	2.85	3.10	3.30	36.4%	1	97
390	31	36.6%	0.61	0.50	0.55	37.00	3.60	3.90	4.00	37.4%	2	47
94	1	37.4%	0.39	0.30	0.40	38.00	—	—	—	—	—	—
46	12	38.6%	0.20	0.20	0.30	39.00	5.30	5.70	5.92	41.6%	3	21
173	103	38.5%	0.10	0.10	0.20	40.00	6.20	6.70	4.35	46.2%	—	3
30	15	42.4%	0.05	0.05	0.20	41.00	—	—	—	—	—	—
53	4	43.2%	0.05	0.00	0.15	42.00	—	—	—	—	—	—
60	48	46.6%	0.10	0.00	0.15	43.00	—	—	—	—	—	—
5	4	53.1%	0.05	0.05	0.20	44.00	—	—	—	—	—	—
1	—	62.7%	0.05	0.00	0.50	46.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the DB put/call ratio?

For the November 20, 2026 expiration, the DB put/call ratio based on open interest is 1.15 (1,234 puts vs 1,075 calls), and 0.31 based on today's volume. A ratio above 1 means more puts than calls.

What is DB's implied volatility?

At-the-money implied volatility for DB options expiring November 20, 2026 is about 37.3%, an annualized estimate of how much the market expects Deutsche Bank stock to move.

How many DB option expiration dates are there?

DB has 6 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.