Morgan Stanley Direct Lending Fund (MSDL) Options Chain

NYSE: MSDLFinancial ServicesAsset ManagementUSD

13.38-0.19 (-1.40%)

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

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 7
Share price: $13.38
Put/call ratio (OI): 16.99
Put/call ratio (volume): 0.14
ATM implied volatility: 55.9%
Expected move: ±$1.04
Open interest (C / P): 111 / 1.89K

MSDL options summary

The MSDL options chain for the October 16, 2026 expiration lists 5 call and 3 put contracts, with 7 days until expiration. Open interest stands at 111 calls and 1,886 puts, a put/call ratio of 16.99, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $13.00 strike is 55.9%, which implies the market expects a move of about ±$1.04 (7.7%) in Morgan Stanley Direct Lending Fund stock by expiration.

The most open interest sits at the $15.00 call (55 contracts) and the $14.00 put (1.61K contracts).

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

MSDL options chain · October 16, 2026

MSDL 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
—	—	—	—	—	—	7.00	0.00	0.75	0.32	423.4%	—	2
9	171	90.6%	1.55	1.20	1.90	12.00	—	—	—	—	—	—
42	—	55.9%	0.50	0.20	1.05	13.00	—	—	—	—	—	—
MSDL $13.38
—	—	—	—	—	—	14.00	0.50	0.70	0.52	38.3%	1	1,612
55	1	68.8%	0.05	0.00	0.15	15.00	1.10	1.85	1.64	100.8%	23	272
1	1	114.5%	0.31	0.00	0.30	16.00	—	—	—	—	—	—
4	—	107.0%	0.01	0.00	0.10	17.00	—	—	—	—	—	—

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 MSDL put/call ratio?

For the October 16, 2026 expiration, the MSDL put/call ratio based on open interest is 16.99 (1,886 puts vs 111 calls), and 0.14 based on today's volume. A ratio above 1 means more puts than calls.

What is MSDL's implied volatility?

At-the-money implied volatility for MSDL options expiring October 16, 2026 is about 55.9%, an annualized estimate of how much the market expects Morgan Stanley Direct Lending Fund stock to move.

How many MSDL option expiration dates are there?

MSDL has 5 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.