DLNG Options History — May 2014

In May 2014, DLNG traded between $21.76 and $24.03. ATM implied volatility averaged 47.8%. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 26.5% (HV 20d: 21.3%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.37.

Notable Days

  • 2014-05-05: Highest Volume — 43 contracts
  • 2014-05-05: Largest IV spike — 275.3% change
  • 2014-05-01: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.63$21.76$24.03$21.80$24.03
Max Pain$20.29$20.00$22.50$22.50$20.00
ATM IV47.8%22.0%160.9%64.6%26.5%
Expected Move9.7%6.3%18.5%18.5%7.6%
HV 20d21.3%17.2%25.3%24.8%25.3%
HV 60d24.4%21.8%25.9%25.9%25.0%
Term Structure-3.8%-29.6%4.0%-18.4%-1.7%
VWIV30.2%22.6%35.2%30.3%32.8%
Skew 25d5.2%-27.8%50.5%50.5%-7.9%
Skew 10d13.0%-13.1%64.8%64.8%26.4%
Call IV 25d33.4%21.9%62.8%43.1%30.7%
Put IV 25d38.5%21.3%93.6%93.6%22.8%
Bid-Ask Spread %125.56108.73157.84148.40111.62
Gamma HHI0.750.650.870.670.83
Net GEX15.3K7.4K35.5K7.4K13.2K
Net DEX-257.9K-377.3K-123.9K-221.3K-377.3K
Net VEX-1.1K-1.3K-688-1.3K-688
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.002.670.000.00
Total Volume7.238043010
Total OI384.81349429377358

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-05-01$21.80$22.5064.6%18.5%24.8%0.0%0.0%50.5%-18.4%7.4K-221.3K-1.3K0.00148.40N/AN/A00263114
2014-05-02$21.80$22.5025.3%7.3%24.8%0.0%0.0%-0.5%4.0%17.9K-134.0K-1.2K0.00126.24N/AN/A10263114
2014-05-05$21.81$0.0095.1%17.8%24.3%0.0%0.0%8.8%-29.6%7.7K-169.2K-1.2K0.00137.93N/AN/A430263114
2014-05-06$21.99$0.0062.9%15.1%21.9%0.0%0.0%3.5%-5.2%13.0K-206.2K-1.3K0.00157.84N/AN/A00287114
2014-05-07$22.43$0.0048.1%8.8%20.3%0.0%0.0%-3.7%-1.6%17.3K-309.4K-1.2K2.67122.90N/AN/A38287114
2014-05-08$22.69$0.0068.0%9.3%18.7%0.0%30.3%0.5%-7.9%15.6K-280.6K-1.2K0.00139.34N/AN/A09287119
2014-05-09$22.74$20.00108.7%10.1%17.2%0.0%35.2%-27.8%0.7%9.2K-295.2K-1.3K0.30142.41N/AN/A103287127
2014-05-12$22.44$20.0044.9%8.7%18.2%0.0%0.0%0.2%-0.9%22.9K-251.7K-1.2K0.00124.38N/AN/A00297130
2014-05-13$22.99$20.0051.5%12.6%19.8%0.0%0.0%31.8%-12.5%22.6K-338.6K-1.2K0.00139.81N/AN/A02297130
2014-05-14$22.99$20.00160.9%16.9%19.6%0.0%0.0%5.2%2.3%9.1K-292.3K-1.2K0.00142.95N/AN/A00297132
2014-05-15$22.81$20.0027.9%8.0%19.7%0.0%0.0%4.3%-4.8%27.9K-342.3K-1.1K0.00110.56N/AN/A00297132
2014-05-16$22.80$20.0023.0%6.6%19.3%0.0%0.0%1.9%0.2%35.5K-351.4K-1.1K0.00115.36N/AN/A400297132
2014-05-19$22.91$20.0022.0%6.3%18.4%0.0%0.0%-1.9%-2.4%12.9K-260.8K-9750.00119.94N/AN/A00217132
2014-05-20$22.74$20.0025.2%7.2%17.8%0.0%0.0%2.4%-1.2%12.6K-212.5K-1.0K0.00113.31N/AN/A00217132
2014-05-21$22.57$20.0028.1%8.1%18.0%0.0%0.0%2.3%-4.3%13.3K-193.3K-1.0K0.00108.73N/AN/A00217132
2014-05-22$21.76$20.0022.8%6.5%22.3%0.0%22.6%0.2%2.3%10.9K-123.9K-1.0K0.00115.64N/AN/A100217132
2014-05-23$22.44$20.0025.2%7.2%23.8%0.0%32.8%-0.7%0.4%12.9K-197.3K-1.0K0.00113.11N/AN/A130227132
2014-05-27$22.89$20.0022.3%6.4%24.2%0.0%0.0%25.5%3.4%14.4K-242.7K-8900.00116.68N/AN/A00226132
2014-05-28$23.30$20.0025.5%7.3%24.1%0.0%0.0%9.6%-0.1%12.5K-321.0K-8470.00115.61N/AN/A00226132
2014-05-29$23.38$20.0024.2%6.9%23.9%0.0%0.0%4.3%-3.0%11.6K-294.7K-8910.00114.10N/AN/A00226132
2014-05-30$24.03$20.0026.5%7.6%25.3%0.0%0.0%-7.9%-1.7%13.2K-377.3K-6880.00111.62N/AN/A100226132