Invesco DB Oil Fund
Invesco DB Oil Fund (DBO) Expected Move
DBO expected move through Nov 20, 2026 is 14.2%, with 13 days to expiration. The implied range is $20.50 to $27.18, based on the previous trading day's options prices.
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Tracking the DBO expected move helps you see how far Invesco DB Oil Fund's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. Invesco DB Oil Fund's expected move is derived directly from option premiums and gives you an objective range to plan trades, set strikes, and manage risk. Use our scanner to monitor the DBO expected move for this week's options, in real time.
The expected move is typically calculated from at-the-money straddle prices (or a blend of straddles and strangles) and represents roughly a one-standard-deviation range over the chosen timeframe. For DBO, comparing the implied expected move to actual realized moves over similar windows tells you whether the options market has historically overestimated or underestimated volatility. The DBO expected move for this week's options pricing is especially useful for short-dated traders, earnings players, and anyone selling premium who needs to know where the market thinks Invesco DB Oil Fund is unlikely to go.
The Invesco DB Oil (Fund) seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Return (DBIQ Opt Yield Crude Oil Index ER or Index) plus the interest income from the Fund's holdings of primarily US Treasury securities and money market income less the Fund's expenses. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on light sweet crude oil (WTI). You cannot invest directly in the Index. The Fund and the Index are rebalanced and reconstituted annually in November.This Fund is not suitable for all investors due to the speculative nature of an investment based upon the Fund's trading which takes place in very volatile markets.
Iron condors, weekly premium sales, directional swing trades — they all live or die by where the market thinks the stock won't go. Our scanner tracks the DBO expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Invesco DB Oil Fund expected move for this week's options is the fastest read on short-term risk, which gives you a quick way to interpret what the options market thinks about DBO.
DBO Price
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| Expiration | DTE | Expected move (USD) | Expected move (%) | Upper price | Lower price |
|---|---|---|---|---|---|
| Nov 20, 2026 | 13 | $3.34 | 14.2% | $27.18 | $20.50 |
| Dec 18, 2026 | 41 | $5.81 | 24.7% | $29.65 | $18.03 |
| Jan 15, 2027 | 69 | $4.36 | 18.5% | $28.20 | $19.48 |
| Apr 16, 2027 | 160 | $5.00 | 21.2% | $28.84 | $18.84 |
As of Nov 3, 2026