Unclassified

DHT options and signal

Figures as of 28 Sep 2026

The options figures are from the close on 28 Sep 2026. The model's figures are from 25 Sep 2026, one trading day behind the latest, as the Free plan shows them. Every model figure is paper trading.

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At a glance

Figure	Value	Date
Priced move to 16 Oct	11.2% down, 11.8% up	28 Sep
Call wall and put wall	24 and 21	28 Sep
Signal and the desk's view	No signal, view neutral	25 Sep

Options Snapshot

DHT's at the money implied volatility is 51.2 percent on 28 Sep 2026.

Figure	Value
IV rank	Not stated, 0 weeks of record
At the money IV	51.2%, near month, 18 days
Put/call ratio, open interest	0.26
Call open interest, strikes captured near the price	107,000 contracts
Put open interest, strikes captured near the price	27,700 contracts
Cost to trade at the money	Fair, 14.3% of the option's mid price

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Options Snapshot in RingMaster The Options Snapshot guide

Priced Range

On 28 Sep 2026, DHT options priced a move of 11.2 percent down and 11.8 percent up by 16 Oct 2026.

Expiry	Days	Down	Up	Range
16 Oct 2026	18	11.2%	11.8%	19.44 to 24.49
20 Nov 2026	53	22.5%	19.3%	16.97 to 26.13
18 Dec 2026	81	27.0%	24.0%	15.98 to 27.15
15 Jan 2027	109	29.5%	25.7%	15.44 to 27.53
16 Apr 2027	200	38.8%	33.8%	13.41 to 29.30

The range is one standard deviation either side of the close of 21.90, as the option prices imply it.

A priced move restates option prices at the close and says nothing certain about where the price goes.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Priced Range in RingMaster The Priced Range guide

Gamma Map

On 28 Sep 2026, DHT's call wall is the 24 strike and its put wall is the 21 strike.

Figure	Value
Call wall, most open call gamma	24
Put wall, most open put gamma	21
Flip strike, where net gamma changes sign	19.11
Net dollar gamma, calls minus puts	$3.63 million
Total dollar gamma, both sides	$5.58 million
Close	21.90

Dollar gamma is stated for a one percent move in the price.

Net is calls minus puts under the standard convention, not a record of who holds the contracts.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Gamma Map in RingMaster The Gamma Map guide

Volatility Weather

On 28 Sep 2026, DHT's at the money IV runs from 51.2 percent at 18 days to 49.5 percent at 200 days.

Days to expiry	At the money IV
18	51.2%
53	57.4%
81	54.1%
109	51.2%
200	49.5%

Near expiries price more volatility than far ones, an inverted term structure.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Volatility Weather in RingMaster The Volatility Weather guide

Volatility Smile

On 28 Sep 2026, at the 53 day expiry, DHT's IV ten percent below the price sits 2.7 points above at the money IV.

Strike area	Implied volatility	Against at the money
10% below the price	60.1%	+2.7 points
At the money	57.4%	0.0 points
10% above the price	58.2%	+0.7 points

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Volatility Smile in RingMaster The Volatility Smile guide

Volatility Surface

On 28 Sep 2026, DHT's surface spans 5 expiries out to 200 days, with IV from 48.5 to 60.1 percent near the price.

Figure	Value
Expiries captured	5
Nearest expiry	16 Oct 2026, 18 days
Farthest expiry	16 Apr 2027, 200 days
Points within 10% of the price, 7 days out or more	25
Lowest IV among them	48.5%
Highest IV among them	60.1%

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Volatility Surface in RingMaster The Volatility Surface guide

Expiry Ladder

On 28 Sep 2026, DHT has 5 captured expiries, from 16 Oct 2026 to 16 Apr 2027.

Expiry	Days	At the money IV	Call open interest	Put open interest
16 Oct 2026	18	51.2%	51,089	11,073
20 Nov 2026	53	57.4%	3,638	3,926
18 Dec 2026	81	54.1%	10,706	5,958
15 Jan 2027	109	51.2%	41,133	6,161
16 Apr 2027	200	49.5%	481	595

Open interest is summed over the strikes captured near the price on each expiry.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Expiry Ladder in RingMaster The Expiry Ladder guide

Strike Table

On 28 Sep 2026, DHT's largest open interest sits at the 25 strike, with 32,530 contracts across the captured expiries.

Strike	Call open interest	Put open interest	Total
25	32,260	270	32,530
24	23,049	1,006	24,055
22	11,051	3,779	14,830
20	9,093	3,631	12,724
21	6,315	5,901	12,216
23	9,264	656	9,920

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Strike Table in RingMaster The Strike Table guide

Changed Hands

On 28 Sep 2026, 8,174 DHT option contracts traded.

Figure	Value
Calls traded	4,607
Puts traded	3,567
Open interest, whole chain	144,971 contracts
Volume to open interest	0.06
Unusual volume flag	Yes, 2 contracts traded well above open interest
Largest flagged contract	The 23 put expiring 20 Nov, 822 traded against 115 open

Traded volume and open interest are shown side by side and never combined. Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Changed Hands in RingMaster The Changed Hands guide

Read-out

On 25 Sep 2026 the desk's view of DHT was neutral, paper trading.

Figure	Value
Side	Neutral at 45 trading days, no signal
Strategy family	Long straddle (buy a call and a put at the same strike)
Price target	None. The desk has no price model.

The levels are prices the shares turned at on the chart, with the date of each.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Read-out in RingMaster The Read-out guide

Rank by Timeframe

On 25 Sep 2026 DHT sat at the 33rd percentile of the model's 45 trading day ranking, paper trading.

Timeframe	Percentile	Side
10 trading days	93 of 100	Bullish
20 trading days	57 of 100	Neutral
45 trading days	33 of 100	Neutral

100 is the top of the ranking. A name in the middle three fifths is neutral.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Rank by Timeframe in RingMaster The Rank by Timeframe guide

Timeframe Agreement

On 25 Sep 2026 DHT's near timeframes were bullish and its long timeframe was neutral, paper trading.

Group	Timeframes	Side	On that side
Near	10 day, 20 day	Bullish	1 of 2
Long	45 day	Neutral	0 of 1

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Timeframe Agreement in RingMaster The Timeframe Agreement guide

Signal History

On 25 Sep 2026 DHT had carried no signal for 1 trading day, paper trading.

Trading day	Signal	45 day percentile
25 Sep 2026	None	33 of 100

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Signal History in RingMaster The Signal History guide

Sector Split

On 25 Sep 2026, 4 of 6 Unclassified names were bullish and 1 were bearish, paper trading.

Sector	Names	Bullish	Bearish	Neutral
Unclassified	6	4	1	1

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Sector Split in RingMaster The Sector Split guide

Questions

What is DHT's IV rank?: DHT's at the money implied volatility is 51.2 percent on 28 Sep 2026.
What move are DHT options pricing?: On 28 Sep 2026, DHT options priced a move of 11.2 percent down and 11.8 percent up by 16 Oct 2026.
Where are DHT's call wall and put wall?: On 28 Sep 2026, DHT's call wall is the 24 strike and its put wall is the 21 strike.
What was the desk's latest view of DHT on the Free plan?: On 25 Sep 2026 the desk's view of DHT was neutral, paper trading.

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