Bear Call Spreads on Overbought Stocks
Bear Call Spread21 trades pass on DHT
- Return on risk
- 2.6% to 33.3%
- Probability of profit
- 66.0% to 90.4%
DHT Holdings, Inc. · Industrials
As of the close on . In the app, data is refreshed intraday.
DHT closed at $23.56 on Oct 1, 2026 with 30-day implied volatility of 54.6%. That is near the top of its one-year range (IV rank 78), so option premiums on DHT are expensive compared with its own recent history. Measured by IV percentile, IV is higher than 90% of the past year's readings. Options expiring Oct 16 (15 days out) price a one standard deviation move of about $2.52, or 10.7%.
The price is above both its 50-day (+17.4%) and 200-day (+35.3%) moving averages. It is trading within 0.0% of its 52-week high. The 14-day RSI of 69.6 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $0.84, about 3.6% of the price, a measure of a typical day's range.
Option volume at the close (15.2K contracts) was 1.2x its average, close to normal. A beta of 0.32 means DHT has tended to move about 0.3 times as much as the broad market. 3 of our preset screens found trades on DHT at the close, led by Bear Call Spreads on Overbought Stocks with 21 trades.
Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.
| Expiration | IV | Expected move | 1 SD range | Straddle |
|---|---|---|---|---|
| Oct 16, 202615 days | 52.7% | ±$2.52 (10.7%) | $21.04 to $26.08 | $2.05 |
| Nov 20, 202650 days | 55.4% | ±$4.83 (20.5%) | $18.73 to $28.39 | $3.88 |
| Dec 18, 202678 days | 52.2% | ±$5.69 (24.1%) | $17.87 to $29.25 | $4.55 |
Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.
Counts and ranges for DHT from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.
21 trades pass on DHT
8 trades pass on DHT
4 trades pass on DHT
Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.