Dynex Capital (DX) Options Chain

NYSE: DXReal EstateReal Estate Investment TrustsUSD

10.86+0.16 (+1.50%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $10.86
Put/call ratio (OI): 0.62
Put/call ratio (volume): 2.00
ATM implied volatility: 33.5%
Expected move: ±$1.57
Open interest (C / P): 8.86K / 5.50K

DX options summary

The DX options chain for the December 18, 2026 expiration lists 7 call and 6 put contracts, with 68 days until expiration. Open interest stands at 8,862 calls and 5,502 puts, a put/call ratio of 0.62, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $10.00 strike is 33.5%, which implies the market expects a move of about ±$1.57 (14.5%) in Dynex Capital stock by expiration.

The most open interest sits at the $12.50 call (4.92K contracts) and the $12.50 put (2.93K contracts).

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

DX options chain · December 18, 2026

DX 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
1	1	478.9%	8.52	7.00	9.50	2.50	—	—	—	—	—	—
2	2	251.2%	6.30	4.40	6.90	5.00	—	—	—	—	—	—
6	2	159.7%	3.62	1.90	4.50	7.50	—	—	—	—	—	—
270	4	34.8%	0.55	0.50	1.15	10.00	0.15	0.25	0.23	32.2%	45	2,462
DX $10.86
4,918	19	24.0%	0.03	0.00	0.05	12.50	1.90	2.10	1.96	54.0%	4	2,927
3,664	2	44.9%	0.03	0.00	0.05	15.00	3.90	5.10	3.90	75.8%	1	87
1	—	53.9%	0.17	0.00	0.05	17.50	0.00	0.00	4.20	—	2	0
—	—	—	—	—	—	22.50	9.30	10.80	10.18	—	2	2
—	—	—	—	—	—	25.00	11.30	13.70	12.60	—	6	24

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 DX put/call ratio?

For the December 18, 2026 expiration, the DX put/call ratio based on open interest is 0.62 (5,502 puts vs 8,862 calls), and 2.00 based on today's volume. A ratio above 1 means more puts than calls.

What is DX's implied volatility?

At-the-money implied volatility for DX options expiring December 18, 2026 is about 33.5%, an annualized estimate of how much the market expects Dynex Capital stock to move.

How many DX option expiration dates are there?

DX has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 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.