Designer Brands (DBI) Options Chain

NYSE: DBIConsumer DiscretionaryClothing/Shoe/Accessory StoresUSD

5.70-0.09 (-1.55%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $5.70
Put/call ratio (OI): 0.09
Put/call ratio (volume): 3.89
ATM implied volatility: 78.3%
Expected move: ±$2.29
Open interest (C / P): 19.21K / 1.66K

DBI options summary

The DBI options chain for the January 15, 2027 expiration lists 6 call and 4 put contracts, with 96 days until expiration. Open interest stands at 19,207 calls and 1,657 puts, a put/call ratio of 0.09, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $5.00 strike is 78.3%, which implies the market expects a move of about ±$2.29 (40.2%) in Designer Brands stock by expiration.

The most open interest sits at the $10.00 call (10.09K contracts) and the $3.00 put (850 contracts).

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

DBI options chain · January 15, 2027

DBI 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
198	1	141.0%	3.25	2.70	3.30	3.00	0.00	0.15	0.15	91.0%	20	850
6,184	1	78.3%	1.45	1.10	1.40	5.00	0.50	0.60	0.55	78.3%	43	658
DBI $5.70
560	1	83.4%	0.75	0.25	0.85	7.00	1.40	2.05	1.65	72.3%	3	125
10,093	1	94.9%	0.19	0.10	0.35	10.00	3.90	4.90	4.15	76.2%	8	24
127	5	109.8%	0.30	0.00	0.35	12.50	—	—	—	—	—	—
2,045	10	105.9%	0.10	0.05	0.10	15.00	—	—	—	—	—	—

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 DBI put/call ratio?

For the January 15, 2027 expiration, the DBI put/call ratio based on open interest is 0.09 (1,657 puts vs 19,207 calls), and 3.89 based on today's volume. A ratio above 1 means more puts than calls.

What is DBI's implied volatility?

At-the-money implied volatility for DBI options expiring January 15, 2027 is about 78.3%, an annualized estimate of how much the market expects Designer Brands stock to move.

How many DBI option expiration dates are there?

DBI has 5 listed expiration dates, from Oct 16, 2026 to Dec 17, 2027.

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.