DNN / Denison Mines Corp. - Put/Call Ratio, Options Sentiment, Unusual Options Activity

Put/Call Ratios - Forward Looking and Historical

By looking at the put/call ratios of specific expirations, we can deduce what the options markets think of the short, medium, and long-term outlook of the company.

Expiry	DTX	Open Put Interest	Open Call Interest	Put/Call Ratio
2025-09-19	12	5,404
2025-10-17	40	2,338
2026-01-16	131	24,110
2026-04-17	222	531
2027-01-15	495	15,653

Date	Put OI	Put OI (OTM)	Call OI	Call OI (OTM)	Put/Call Ratio	Put/Call Ratio (OTM)
2025-09-05	48,036	23,650
2025-09-04	48,111	23,730
2025-09-03	48,079	23,725
2025-09-02	47,263	23,520
2025-08-29	47,306	23,529
2025-08-28	47,132	23,533
2025-08-27	46,739	23,092
2025-08-26	46,751	23,092
2025-08-25	46,715	23,168
2025-08-22	46,573	23,158
2025-08-21	46,389	23,158
2025-08-20	46,459	23,168
2025-08-19	46,163	23,161
2025-08-18	43,320	21,191
2025-08-15	45,081	21,478
2025-08-14	39,715	16,185
2025-08-13	33,917	10,795
2025-08-12	33,986	10,845
2025-08-11	33,864	10,847
2025-08-08	33,666	10,838

Unusual Options Activity - Trade Volume

The Put/Call Ratio shows the total number of disclosed open put option positions divided by the number of open call option options. Since puts are generally a bearish bet and calls are a bullish bet, put/call ratios greater than 1 indicate a bearish sentiment, and ratios less than one indicate a bullish sentiment.

Unusual options activity (UOA) is generally considered a strong signal for a directional price movement. One metric of unusual options activity is the total volume of put or call options divided by the open interest in the same option type. If the total volume of call or put options exceeds the current open interest, then that is considered unusual and indicates a strong directional signal. In the table below, any date on which the volume of an option exceeds the current open interest is highlighted in green (for call options) or red (for put options).

For example, if, on any trading day, the call volume exceeds the current call open interest, then the Call Volume/Call OI ratio will be greater than one and that cell in the able will be highlighted in green. This would indicate a significant purchase of call options, which is a bullish signal. Likewise, if the opposite is true - the put volume exceeds the put open interest, then the table cell would be highlighted in red and represent a strong bearish signal.

Update Frequency: Daily

Date	Put Volume	Put OI	Put Volume /Put OI	Call Volume	Call OI	Call Volume /Call OI
2025-09-05	297	48,036		6,805	323,512
2025-09-04	305	48,111		6,447	320,220
2025-09-03	315	48,079		15,681	310,132
2025-09-02	1,118	47,263		14,622	298,969
2025-08-29	250	47,306		17,768	289,085
2025-08-28	361	47,132		1,909	288,417
2025-08-27	800	46,739		1,370	288,102
2025-08-26	129	46,751		6,796	285,600
2025-08-25	450	46,715		1,528	285,064
2025-08-22	431	46,573		2,945	284,186
2025-08-21	309	46,389		8,650	276,655
2025-08-20	250	46,459		14,960	263,770
2025-08-19	367	46,163		3,995	263,025
2025-08-18	4,443	43,320		2,839	262,254
2025-08-15	3,427	45,081		4,819	276,717
2025-08-14	5,506	39,715		6,971	270,969
2025-08-13	7,276	33,917		29,577	248,725
2025-08-12	486	33,986		1,619	248,708
2025-08-11	1,116	33,864		1,733	248,408
2025-08-08	994	33,666		4,651	248,722
2025-08-07	713	33,581		3,385	248,832
2025-08-06	1,976	32,945		4,628	249,009
2025-08-05	981	32,888		3,692	248,253
2025-08-04	1,471	32,649		2,755	247,810
2025-08-01	1,016	32,376		2,929	247,024

Option Premium Bought/Sold - Total Market

Update Frequency: Daily

Option Greeks - Delta, Gamma, Theta

Update Frequency: Daily

Option Trading Volume - Total Market

Update Frequency: Daily

Option Trading Volume - Exchange

Update Frequency: Daily