Dialight (DIA) Options Signal Bullish Momentum: Key Strike Levels and Trade Setups for Jan 23–30, 2026

• DIA trades at $490.82, down 0.58% from $493.69, but sits above its 30D moving average of $487.08
• Options data shows heavy call open interest at $505 and $503 (this Friday) and $507 (next Friday), while puts cluster at $480–$490
• MACD and RSI suggest short-term bullish momentum, with Bollinger Bands hinting at a potential breakout

Here’s the thing: DIA’s options market is painting a clear picture. Traders are loading up on calls above $500 while hedging with puts near $480. Combine that with technicals pointing higher, and this stock is set for a directional move—up or down. Let’s break it down.

Bullish Calls Dominate at $505, But Puts at $480 Signal Caution

Take a look at the options chain: 4,163 open calls at the $505 strike (DIA20260123C505) for this Friday’s expiration. That’s the highest concentration of call interest. Next Friday sees even more heat at $507 (DIA20260130C507) with 3,507 open contracts. These strikes aren’t random—they align with the upper Bollinger Band at $498.77 and the 30D resistance zone of $483.43–$483.82.

But don’t ignore the puts. The $480 strike (DIA20260123P480) has 1,379 open contracts this week, and the put/call ratio of 2.01 suggests bearish positioning. If DIA dips below its 200D MA of $450.50, those puts could get exercised. The key is whether bulls can push past $505 before expiration.

No News, But Options Tell a Story

There’s no recent company news to sway sentiment, which means the options data is the main driver here. That’s both a blessing and a risk. Without fundamentals to anchor the trade, the market is essentially betting on technical patterns and sector momentum. If you’re bullish on DIA’s long-term story, this is a chance to lock in options plays with clear strike targets. But if the stock stumbles below $480 (lower Bollinger Band), the puts will gain steam.

Trade Ideas: Calls for Breakouts, Puts for Hedging

For options traders:

• Short-term play: Buy DIA20260123C505 (this Friday’s $505 call) if DIA closes above $492.13 (intraday high). Target a $5–$7 move before expiration.
• Longer play: DIA20260130C507 (next Friday’s $507 call) if the stock holds above $489.56 (intraday low).
• Hedge: DIA20260123P490 (this Friday’s $490 put) for downside protection, especially if you’re holding the stock.

For stock traders:

• Entry near $489.46 (middle Bollinger Band) with a target at $505. Stop-loss below $483.43 (30D support).
• Alternative: Fade the puts by buying DIA at $480 if it dips to the lower Bollinger Band—could trigger a rebound.

Volatility on the Horizon

DIA isn’t asking for permission—it’s setting up for a directional move. The options market is pricing in a 5–7% swing either way in the next seven days. That’s your cue: if you’re confident in the bulls, go for the $505 call. If you’re wary of a pullback, the $490 put offers a safety net. Either way, the key levels are clear. Stay close to $489.46 and $505, and let the data guide your next move.