INVESCO DB BASE METALS FUND (DBB) Options Statistics & Positioning

INVESCO DB BASE METALS FUND (DBB) options trade at a 30-day at-the-money implied volatility of 46.1%, an IV rank of 5 out of 100 over the past year. The options market prices a ±$1.60 (±6.4%) move in DBB for the front expiration. Max pain sits at $22 and the put/call open interest ratio is 0.03. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$25.16

52-week range

$20.81 – $26.63

ATM IV (30d)

46.1%

IV rank

5 / 100

Low

Expected move

±$1.60 (±6.4%)

Put/call OI

0.03

Call-heavy

Max pain

$22

↓ 12.5% below close

Next earnings

Nov 5, 2026

What's DBB's IV rank right now?Where's the max pain for DBB?Explain what gamma exposure means for DBB.

Most Active DBB Contracts

Contract	Expiration	DTE	Last	IV	Volume
DBB $22 call	Oct 16, 2026	4d	$3.15	0.0%	12
DBB $22 call	Jan 15, 2027	95d	$3.52	16.9%	8
DBB $24 put	Nov 20, 2026	39d	$0.25	97.1%	2
DBB $26 call	Apr 16, 2027	186d	$1.20	22.0%	2

See all active DBB contracts →

Explore DBB Options Statistics

DBB Implied Volatility

46.1% ATM IV (30d)

An IV rank of 5 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

DBB Open Interest

0.03 put/call OI ratio

5,677 calls and 180 puts outstanding across all expirations.

Full open interest analysis →

DBB Max Pain

$22 max pain

12.5% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

DBB Gamma Exposure

$21.15M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

DBB Options Volume

145 contracts traded

Put/call volume ratio 0.09 — plus contracts running far above their usual volume.

Full volume & flow analysis →

DBB Most Active Options

$22 top volume strike

The 25 most actively traded DBB contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

DBB's next expected earnings date is Nov 5, 2026. Options currently price a ±$1.60 (±6.4%) move for the front expiration.

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DBB Options FAQ

When is DBB's next earnings date?

DBB's next expected earnings date is Nov 5, 2026. Options currently price a ±$1.60 (±6.4%) move for the front expiration.

How often is DBB options data on this page updated?

All DBB statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see DBB max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated DBB pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.