null Option on DeFiance Daily Target

For March 20th 2026, Defiance Daily Target lists 60 contracts (30 calls and 30 puts). Across this chain snapshot, the combined implied volatility measure is about 1.82. Open interest totals 365 puts and 652 calls, for a put-to-call open-interest ratio of 0.56, which means calls account for a clearly larger share of the current open interest. Recent trading volume totals 15.0 puts and 19.0 calls, for a put-to-call volume ratio of 0.79, showing calls hold a modest lead over puts in the recent trading activity. Moneyness counts currently show 13 in-the-money calls, 17 out-of-the-money calls, 16 in-the-money puts, and 14 out-of-the-money puts. The largest open-interest concentrations appear near call strike 25.0 and put strike 21.0.

Current moneyness split: 13 in-the-money calls, 17 out-of-the-money calls, 16 in-the-money puts, and 14 out-of-the-money puts.

Call contracts: 13 in-the-money vs 17 out-of-the-money.

Open interest totals 365 puts vs 652 calls (put/call 0.56). Recent volume totals 15.0 puts vs 19.0 calls (put/call 0.79).

Using the Rule 16 heuristic, the current implied volatility suggests an average daily move of about 0.11% for the 2026-03-20 options. With DeFiance Daily trading near $ 20.79, that translates to about $ 0.0236 per day in either direction.