DBO Invesco DB Oil Fund

ETF 25.99 Delayed

ETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

DBO $25.99 —
Key stats
$25.99
52-Week Range
$11.88 – $26.62
YTD
+113.56%
IV Rank (30D)
10.75
Straddle Price
$2.50
P/C Vol Ratio
1.16
Open
$25.30
Day Range
$25.17 – $26.09
Volume
611,623
Prev Close
$25.24
About

Invesco DB Oil Fund (DBO) ETF

No description available.

Exchange
ARCX
Inception
2007-01-05
Has Options
Yes
Fund profile
Commodity Oil#3 of 6 by assets Invesco
Commodity pool: likely to report on a Schedule K-1 rather than a 1099. Check the prospectus.
Expense ratio
—
Assets
$304M
shares × price, Oct 15, 2026
Trailing yield
1.70%
paid annual
Average daily volume
$12M
30 sessions
Holdings
—
Listed
Jan 5, 2007
NYSE Arca
Closure risk, 12 months
0.3%
low: volatility · model
FrenzyCap ETF score
63
how it is built
Costn/a
Liquidity70
Scale55
Diversificationn/a

Moves with. Long Treasuries (11% of its variance, beta -1.06); US large-cap stocks (10% of its variance, beta -0.99); Developed markets ex-US over US (4% of its variance, beta -0.80); High yield over Treasuries (3% of its variance, beta 1.73). These factors explain 30% of its daily moves over the last year, so most of what drives this fund is something else.

Overlap toolAll Oil ETFs

Fund flows

This product is not a registered investment company, so it does not file the monthly flow reports that funds file with the SEC.

Similar funds
FundOverlapFeeAssets1Y
USOUnited States Oil Fund, LP——$2.0B+128.0%compare
BNOUnited States Brent Oil Fund, LP——$804M+129.6%compare
OILKProShares K-1 Free Crude Oil ETF—0.69%$239M+55.7%compare
UGAUnited States Gasoline Fund, LP——$164M+133.3%compare
USLUnited States 12 Month Oil Fund, LP——$52M+81.5%compare

The largest other funds in the Oil category.

ETF Profile
Chart
Seasonality
'21'22'23'24'25'26Avg
Jan9.81%10.04%2.23%4.85%1.38%15.28%7.26%
Feb13.41%4.56%-0.47%2.89%-3.21%8.73%4.32%
Mar1.25%6.45%-2.08%5.43%3.62%27.56%7.04%
Apr3.02%0.96%-2.96%0.00%-16.19%17.55%0.40%
May3.50%7.64%-8.05%0.20%1.81%-4.17%0.15%
Jun6.97%-6.61%2.17%7.60%3.20%-19.07%-0.96%
Jul0.31%-3.19%14.77%-4.27%7.73%25.32%6.78%
Aug-1.49%-2.14%2.67%-3.55%-2.08%8.21%0.27%
Sep9.94%-7.71%4.25%-1.20%-3.58%3.22%0.82%
Oct8.93%5.06%-5.21%0.97%-0.90%6.08%*2.49%
Nov-19.29%-7.29%-6.25%-0.07%-2.19%---7.02%
Dec12.45%-4.34%-8.79%1.13%-5.86%---1.08%
Total54.46%1.27%-9.56%14.15%-16.90%116.44%26.64%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $24.29
SMA 50: $23.34
SMA 200: $19.66
Current: $25.99
EMA 12: $24.71
EMA 26: $24.25
MACD: 0.4569 | Signal: 0.1053
BULLISH
ADX (14): 21.03
WEAK TREND
+DI: 37.33
−DI: 16.30

Momentum Oscillators

RSI (14): 65.13
NEUTRAL
Stoch %K: 93.23
Stoch %D: 86.84
Williams %R: -3.21

Volume & Volatility

BB Upper: $25.62
BB Lower: $22.97
OVERBOUGHT
OBV: 25,399,923
Vol SMA 20: 508,282
Vol ROC: 3.10%
ATR: $0.74
True Range: $0.91
HV 20: 38.2%
HV 30: 40.2%
HV 60: 47.6%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-18T00:00:00 – 2026-10-16T00:00:00
AI Analysis

Here is a comprehensive stock analysis report for DBO:

Executive Summary

Overall Assessment: NEUTRAL with confidence level 6/10 Key Drivers:

  • Bullish momentum signals from MACD and EMA indicators
  • Range-bound technical environment, as indicated by ADX and Bollinger Bands Primary Risks:
  • High beta (-0.94) indicates potential for large moves in either direction
  • Volatility is currently high, with IV Premium vs HV30 at 102.1% Recent News Sentiment Impact: NEUTRAL

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): Consolidation range-bound
  • Medium-term (1-3 months): Bullish momentum signals
  • Long-term (3-12 months): Uptrend established

Support/Resistance Levels:

  • Upper Bollinger Band: $23.29
  • Middle Bollinger Band: $21.71
  • Lower Bollinger Band: $20.14 Momentum Signals:
  • RSI interpretation: Neutral, with value at 65.03
  • MACD signal: Bullish momentum, with reading above the signal line
  • Bollinger Bands position: Neutral, as price touches the upper band

Volume Analysis:

  • Volume SMA 20: 341928.93
  • On-Balance Volume (OBV): 22257885.86
  • Volume Rate of Change: 15.91%

News & Sentiment Analysis

Recent Headlines Summary:

  • Neutral sentiment from news headlines, with no clear direction or catalysts

Sentiment Assessment: NEUTRAL Catalyst Identification: No significant upcoming events or announcements

Market Narrative: Neutral sentiment and range-bound technical environment are the primary drivers of this stock's performance

Risk & Volatility Assessment

Beta Interpretation:

  • Negative beta (-0.94) indicates potential for large moves in either direction Volatility Regime:
  • High volatility, with IV Premium vs HV30 at 102.1% Options Market Signals:
  • IV Rank: Medium (38.7%)
  • Put/Call Volume Ratio: 0.05 (Bullish sentiment)

Downside Protection:

  • Support levels: Lower Bollinger Band ($20.14), SMA 50 ($20.50) Risk Management:
  • Stop-loss levels: $21.50 (10% below current price) and $19.30 (15% below current price)

Market Context & Positioning

Sector Performance:

  • Neutral performance relative to sector

Institutional Activity:

  • No significant institutional activity or interest signals

Correlation Analysis:

  • Correlation with SPY: -0.30 (inverse correlation)

Relative Valuation:

  • Stock is positioned within a trading range, with no clear direction or catalysts

Key Levels & Action Items

Critical Price Levels:

  • Lower Bollinger Band ($20.14)
  • SMA 50 ($20.50)

Breakout/Breakdown Levels:

  • Upper Bollinger Band ($23.29) - potential breakout Time-Sensitive Catalysts: No significant upcoming events or announcements

Risk Management:

  • Stop-loss levels: $21.50 (10% below current price) and $19.30 (15% below current price)

Please note that this is a hypothetical analysis, and actual data may vary. The goal of this exercise is to provide a comprehensive stock analysis report using the specific data provided.

Generated

DBO Options Activity & IV Rank

DBO IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 39.2%
7-DTE IV: —
Expected Move: $2.50
7-DTE Move: $0.58
Days to Exp: 35 (2026-11-20)

Options Flow

Call Volume: 67
Put Volume: 78
P/C Volume: 1.164
NEUTRAL
Call OI: 542
Put OI: 65
P/C OI: 0.12
Total OI: 607

ATM Options Pricing

ATM Call: $0.97
ATM Put: $1.52
Call %: 3.8%
Put %: 5.9%

Chain Summary

Chain Volume: 1,484
Chain OI: 6,249
Last Updated: 10/16/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
HIGH γ vs HISTORY

Estimated net dealer gamma is at the 98th percentile of this name's own daily history, near the high end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
98%
vs own history
GEX tilt
+0.94
OI-weighted, today
Vanna tilt
-0.02
δ-sensitivity to IV
Charm tilt
-0.52
δ-decay vs time
Charm tilt -0.52: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 14 ATM contracts, 1k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 16 · No data
30 DTE / 10d —
— pts EXTREME
as of Oct 16 · ATM 39.2% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)10.8LowOct 16
Straddle Price (30 DTE)$2.50Oct 16
Beta Analysis

Risk Metrics

Beta: -1.1764
Alpha: 101.16%
Correlation: -0.3605
R-Squared: 13.0%
Stock Volatility: 41.5%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Beta & Alpha Over Time

DBO Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

55 filers4,272,282 shares$75.92M value
# Filer Shares Value % of Total % of Float Period
1 Wells Fargo & Company Custodian 1,627,302 $28.72M 37.83% — 2026-06-30
2 E Fund Management Co., Ltd. 979,736 $17.29M 22.78% — 2026-06-30
3 PRUDENTIAL PLC 248,610 $4.39M 5.78% — 2026-06-30
4 Quadrature Capital Ltd 241,007 $4.25M 5.60% — 2026-06-30
5 Envestnet Asset Management, Inc. 192,896 $3.40M 4.48% — 2026-06-30
6 Narus Financial Partners, LLC 131,344 $2.32M 3.05% — 2026-06-30
7 LPL Financial LLC Custodian 109,542 $1.93M 2.55% — 2026-06-30
8 Asset Management One Co., Ltd. 64,500 $1.14M 1.50% — 2026-06-30
9 BNP Paribas Financial Markets Custodian 61,490 $1.09M 1.43% — 2026-06-30
10 OSAIC HOLDINGS, INC. Custodian 55,548 $980.49K 1.29% — 2026-06-30
11 Cetera Investment Advisers Custodian 48,814 $861.58K 1.13% — 2026-06-30
12 PARK AVENUE SECURITIES LLC 46,951 $829.00K 1.09% — 2026-06-30
13 Cambridge Investment Research Advisors, Inc. 39,138 $691.00K 0.91% — 2026-06-30
14 Morgan Stanley Custodian 31,672 $559.02K 0.74% — 2026-06-30
15 Citadel Advisors LLC Custodian 31,509 $556.13K 0.73% — 2026-06-30
16 Royal Bank of Canada Custodian 31,021 $547.00K 0.72% — 2026-06-30
17 Susquehanna International Group, LLP Custodian 28,192 $497.59K 0.66% — 2026-06-30
18 Coppell Advisory Solutions LLC 185 $485.16K 0.64% — 2026-06-30
19 Ameriprise Financial, Inc. Custodian 23,473 $414.40K 0.55% — 2026-06-30
20 UBS Group AG Custodian 21,851 $385.67K 0.51% — 2026-06-30
21 Kestra Advisory Services, LLC 20,455 $361.04K 0.48% — 2026-06-30
22 HighTower Advisors, LLC 18,469 $325.98K 0.43% — 2026-06-30
23 Private Wealth Asset Management, LLC 16,385 $289.19K 0.38% — 2026-06-30
24 Allegheny Financial Group 15,970 $281.88K 0.37% — 2026-06-30
25 TWO SIGMA SECURITIES, LLC 15,276 $269.62K 0.36% — 2026-06-30
3 filers$4.23M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $3.43M 81.05% 2026-06-30
2 Citadel Advisors LLC Custodian $402.42K 9.52% 2026-06-30
3 Belvedere Trading LLC $398.89K 9.43% 2026-06-30
3 filers$1.03M notional
# Filer Notional Value % of Total Period
1 Citadel Advisors LLC Custodian $624.81K 60.72% 2026-06-30
2 Susquehanna International Group, LLP Custodian $227.69K 22.13% 2026-06-30
3 LPL Financial LLC Custodian $176.50K 17.15% 2026-06-30
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
408.30K
SI % of Float
3.39%
Days to Cover
1.00
Short Vol Ratio
69.5%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-16
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month