Morgan Stanley Direct Lending Fund (MSDL) Options Chain
NYSE: MSDLFinancial ServicesAsset ManagementUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Jan 15, 2027
- Days to expiration
- 96
- Share price
- $13.38
- Put/call ratio (OI)
- 1.03
- Put/call ratio (volume)
- 2.09
- Expected move
- ±$3.69
- Open interest (C / P)
- 2.28K / 2.35K
MSDL options summary
The MSDL options chain for the January 15, 2027 expiration lists 12 call and 10 put contracts, with 96 days until expiration. Open interest stands at 2,284 calls and 2,349 puts, a put/call ratio of 1.03, which is fairly balanced between calls and puts. At-the-money implied volatility near the $13.00 strike is 53.7%, which implies the market expects a move of about ±$3.69 (27.5%) in Morgan Stanley Direct Lending Fund stock by expiration.
The most open interest sits at the $20.00 call (1.99K contracts) and the $10.00 put (1.54K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
MSDL options chain · January 15, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 9.80 | 8.30 | 12.50 | 5.00 | 0.00 | 0.20 | 0.08 | |||||
| 4.80 | 3.30 | 7.50 | 10.00 | 0.00 | 0.30 | 0.03 | |||||
| 1.50 | 0.15 | 1.65 | 13.00 | — | — | — | |||||
| — | — | — | 14.00 | 0.05 | 3.30 | 0.95 | |||||
| 0.47 | 0.00 | 0.20 | 15.00 | 1.80 | 2.35 | 1.83 | |||||
| 0.31 | 0.00 | 0.50 | 16.00 | 0.00 | 3.70 | 1.05 | |||||
| 0.17 | 0.00 | 0.35 | 17.00 | — | — | — | |||||
| 0.40 | 0.00 | 1.75 | 18.00 | — | — | — | |||||
| 0.05 | 0.00 | 0.05 | 20.00 | 3.50 | 7.40 | 5.75 | |||||
| 1.00 | 0.00 | 2.15 | 22.00 | 0.00 | 0.00 | 6.80 | |||||
| 0.05 | 0.00 | 0.25 | 25.00 | 8.00 | 13.00 | 9.40 | |||||
| 2.58 | 0.00 | 1.00 | 27.00 | 0.00 | 0.00 | 12.80 | |||||
| 0.05 | 0.00 | 0.05 | 30.00 | 13.00 | 18.00 | 14.20 | |||||
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 January 15, 2027 expiration, the MSDL put/call ratio based on open interest is 1.03 (2,349 puts vs 2,284 calls), and 2.09 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 January 15, 2027 is about 53.7%, 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.