DLNG Options History — March 2014

In March 2014, DLNG traded between $21.39 and $22.31. ATM implied volatility averaged 33.9%. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 7.8% (HV 20d: 26.1%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-03-20: Highest Volume — 13 contracts
  • 2014-03-27: Largest IV spike — 90.4% change
  • 2014-03-07: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.90$21.39$22.31$21.90$21.67
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV33.9%23.4%44.6%34.3%42.7%
Expected Move9.9%6.7%13.4%9.8%12.2%
HV 20d26.1%22.0%29.0%29.0%23.6%
HV 60d27.7%26.8%28.4%28.4%26.8%
Term Structure6.9%-11.8%48.9%-3.3%-11.1%
VWIV29.4%25.5%33.3%33.3%25.5%
Skew 25d9.7%-20.9%52.5%0.5%48.4%
Skew 10d15.0%-13.6%63.8%7.6%37.5%
Call IV 25d41.6%23.5%103.0%33.1%37.1%
Put IV 25d51.3%29.0%108.2%33.7%85.5%
Bid-Ask Spread %137.14100.29170.68126.23155.16
Gamma HHI0.830.800.870.820.83
Net GEX15.8K11.1K23.9K15.4K14.3K
Net DEX-206.2K-256.6K-123.4K-193.1K-206.4K
Net VEX-1.5K-1.7K-1.3K-1.6K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.57101380
Total OI398.19388416388402

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-03-03$21.90$22.5034.3%9.8%29.0%0.0%0.0%0.5%-3.3%15.4K-193.1K-1.6K0.00126.23N/AN/A0829395
2014-03-04$22.07$22.5029.0%8.3%28.8%0.0%0.0%4.2%2.7%15.2K-241.3K-1.7K0.00148.94N/AN/A00293100
2014-03-05$22.09$22.5028.9%8.3%28.7%0.0%0.0%52.5%11.3%13.4K-237.8K-1.7K0.00131.18N/AN/A00293100
2014-03-06$22.07$22.5034.0%9.8%28.8%0.0%0.0%9.7%9.3%12.1K-256.5K-1.6K0.00146.48N/AN/A00293100
2014-03-07$22.23$22.5039.3%13.4%28.3%0.0%0.0%2.0%-0.1%11.1K-256.6K-1.6K0.00146.89N/AN/A00293100
2014-03-10$22.18$22.5027.7%8.5%28.1%0.0%0.0%46.6%-0.2%18.3K-219.2K-1.6K0.00100.29N/AN/A00293100
2014-03-11$22.13$22.5031.7%9.1%27.0%0.0%0.0%-2.4%0.9%16.8K-224.5K-1.6K0.00106.65N/AN/A00293100
2014-03-12$22.25$22.5042.1%12.4%25.3%0.0%0.0%-8.6%-8.3%12.9K-233.8K-1.6K0.00130.70N/AN/A00293100
2014-03-13$21.60$22.5038.5%11.0%27.7%0.0%0.0%-20.9%-11.8%12.6K-218.0K-1.5K0.00135.33N/AN/A00293100
2014-03-14$21.66$22.5034.0%9.8%27.3%0.0%33.3%11.0%12.6%16.5K-239.0K-1.5K0.00154.92N/AN/A100293100
2014-03-17$22.31$22.5034.4%9.9%28.9%0.0%0.0%9.1%11.4%18.4K-245.4K-1.5K0.00147.82N/AN/A00303100
2014-03-18$21.83$22.5027.2%7.8%28.4%0.0%0.0%2.9%11.1%18.0K-161.5K-1.4K0.00170.68N/AN/A00303100
2014-03-19$22.00$22.5025.7%7.4%24.2%0.0%0.0%0.9%6.3%22.5K-181.9K-1.4K0.00128.15N/AN/A00303100
2014-03-20$21.39$22.5030.1%8.6%25.3%0.0%0.0%-15.8%16.7%15.1K-160.8K-1.4K0.00139.67N/AN/A013303100
2014-03-21$21.76$22.5037.8%10.8%25.9%0.0%0.0%12.8%11.2%14.4K-206.1K-1.5K0.00161.32N/AN/A00303113
2014-03-24$21.62$22.5042.7%12.2%22.4%0.0%0.0%5.2%41.6%12.0K-196.5K-1.5K0.00130.95N/AN/A00288113
2014-03-25$21.58$22.5039.8%11.4%22.0%0.0%0.0%12.6%48.9%13.2K-183.5K-1.5K0.00135.28N/AN/A00288113
2014-03-26$21.81$22.5023.4%6.7%22.4%0.0%25.5%6.5%0.4%21.0K-123.4K-1.3K0.00122.63N/AN/A20288113
2014-03-27$22.09$22.5044.6%12.8%22.8%0.0%0.0%21.6%-8.2%13.8K-200.7K-1.5K0.00134.54N/AN/A00289113
2014-03-28$21.67$22.5024.2%6.9%23.7%0.0%0.0%5.5%3.5%23.9K-143.9K-1.4K0.00126.19N/AN/A00289113
2014-03-31$21.67$22.5042.7%12.2%23.6%0.0%0.0%48.4%-11.1%14.3K-206.4K-1.4K0.00155.16N/AN/A00289113