MetaCap

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
Mar 19, 2027
Days to expiration
159
Share price
$13.38
Put/call ratio (OI)
0.58
Put/call ratio (volume)
0.11
Expected move
±$6.32
Open interest (C / P)
370 / 215

MSDL options summary

The MSDL options chain for the March 19, 2027 expiration lists 5 call and 6 put contracts, with 159 days until expiration. Open interest stands at 370 calls and 215 puts, a put/call ratio of 0.58, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $13.00 strike is 71.6%, which implies the market expects a move of about ±$6.32 (47.2%) in Morgan Stanley Direct Lending Fund stock by expiration.

The most open interest sits at the $15.00 call (322 contracts) and the $12.00 put (201 contracts).

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

MSDL options chain · March 19, 2027

MSDL calls and puts by strike price. Shaded cells are in the money.
CallsPuts
LastBidAskStrikeBidAskLast
———12.000.001.150.33
2.501.703.8013.000.102.200.65
0.600.002.1014.000.052.201.41
0.400.000.5015.000.000.001.35
0.100.000.1016.00———
0.050.000.3517.00———
———23.000.000.008.20
———24.009.3012.6010.40

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 March 19, 2027 expiration, the MSDL put/call ratio based on open interest is 0.58 (215 puts vs 370 calls), and 0.11 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 March 19, 2027 is about 71.6%, 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.

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