DLNG Options History — July 2014

In July 2014, DLNG traded between $23.34 and $25.00. ATM implied volatility averaged 24.6%, placing in the 4.2% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded below realized volatility by 10.4% (HV 20d: 34.9%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 10 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 2.07.

Notable Days

  • 2014-07-29: Highest Volume — 170 contracts
  • 2014-07-30: Largest IV spike — 55.1% change
  • 2014-07-30: Highest IV Rank — 11.2%
  • 2014-07-30: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.29$23.34$25.00$24.26$23.34
Max Pain$20.80$20.00$25.00$22.50$25.00
ATM IV24.6%19.8%36.3%20.6%29.8%
Expected Move7.1%5.7%10.4%5.9%8.5%
HV 20d34.9%23.0%44.5%43.2%23.0%
HV 60d31.8%30.9%32.4%32.0%32.4%
IV Rank4.2%1.4%11.2%1.9%7.4%
IV Percentile19.3%0.7%65.4%1.4%50.9%
Term Structure0.6%-13.3%9.5%-8.8%-7.6%
VWIV34.6%15.5%58.2%15.5%58.2%
Skew 25d3.4%-3.6%10.8%3.8%3.4%
Skew 10d0.6%-7.9%10.6%2.8%9.9%
Call IV 25d26.2%16.1%38.6%30.3%31.1%
Put IV 25d29.6%22.0%42.9%34.0%34.5%
Bid-Ask Spread %114.6599.26122.10110.19116.29
Gamma HHI0.390.320.590.370.59
Net GEX-1.4K-14.3K6.8K-2.3K-14.3K
Net DEX-249.1K-474.6K165.1K-312.1K165.1K
Net VEX-1.8K-2.3K-1.4K-2.3K-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.070.0016.001.110.20
Total Volume21.95501701966
Total OI797.318528946930652

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-07-01$24.26$22.5020.6%5.9%43.2%1.9%15.5%3.8%-8.8%-2.3K-312.1K-2.3K1.11110.19N/AN/A910475455
2014-07-02$25.00$22.5025.2%7.2%44.4%4.6%0.0%9.0%-0.8%2.4K-474.6K-2.2K0.00113.57N/AN/A10484455
2014-07-03$24.99$22.5026.4%7.6%44.4%5.3%50.7%4.2%3.0%1.7K-451.3K-2.3K5.00118.93N/AN/A15485455
2014-07-07$24.86$20.0026.6%7.4%44.5%5.5%0.0%0.8%8.4%2.7K-457.5K-2.0K0.00114.35N/AN/A10486450
2014-07-08$24.40$20.0025.3%6.8%43.7%4.7%0.0%-2.6%4.5%5.2K-392.0K-2.1K0.00120.38N/AN/A00486450
2014-07-09$24.13$20.0022.1%7.9%43.7%2.8%0.0%1.2%-4.0%2.3K-324.2K-1.9K0.00102.83N/AN/A00486450
2014-07-10$23.87$20.0019.8%5.7%43.8%1.4%0.0%8.8%6.2%-658-264.6K-2.0K0.18122.10N/AN/A112486450
2014-07-11$24.60$20.0021.5%6.2%37.1%2.4%0.0%2.6%7.8%6.8K-446.5K-1.7K0.00117.84N/AN/A500497449
2014-07-14$23.96$20.0023.2%6.6%38.0%3.4%0.0%-2.9%-2.4%-512-329.2K-1.8K0.00113.86N/AN/A00497449
2014-07-15$24.00$20.0024.1%6.9%36.2%4.0%0.0%-1.5%1.4%1.4K-303.2K-1.9K0.00115.62N/AN/A00497449
2014-07-16$24.06$20.0021.9%6.3%35.9%2.7%0.0%3.8%0.9%1.8K-300.6K-1.8K0.0099.26N/AN/A00497449
2014-07-17$24.19$20.0022.8%6.5%35.3%3.2%0.0%5.3%9.5%220-285.9K-1.7K0.00116.21N/AN/A80492448
2014-07-18$24.65$20.0024.0%6.9%32.2%3.9%21.9%0.9%4.4%5.8K-435.9K-1.4K0.30113.45N/AN/A3310491448
2014-07-21$24.50$20.0021.2%6.1%31.4%2.3%0.0%10.1%8.7%-130-172.3K-1.6K0.00116.13N/AN/A00331197
2014-07-22$24.28$20.0026.4%7.6%29.6%5.3%0.0%1.3%-3.8%-173-157.5K-1.6K0.00115.47N/AN/A065331197
2014-07-23$24.75$20.0024.1%6.9%29.1%4.0%0.0%9.7%5.1%-9.5K-177.1K-1.5K0.00113.99N/AN/A410331262
2014-07-24$24.60$20.0025.7%7.4%27.5%4.9%0.0%0.5%0.5%-3.6K-147.2K-1.8K0.00114.56N/AN/A00331262
2014-07-25$24.12$20.0027.8%8.0%28.1%6.2%0.0%-3.6%-13.3%-7.8K-115.5K-1.8K0.00117.42N/AN/A00331262
2014-07-28$24.34$20.0022.2%6.4%26.5%2.8%0.0%4.3%0.8%-7.2K-117.5K-1.7K0.00118.42N/AN/A00331262
2014-07-29$23.90$20.0023.4%6.7%25.3%3.6%26.7%5.3%1.9%-4.0K-80.5K-1.9K16.00115.04N/AN/A10160331262
2014-07-30$23.63$25.0036.3%10.4%25.6%11.2%0.0%10.8%-9.9%-11.9K99.1K-1.8K0.00116.31N/AN/A00320332
2014-07-31$23.34$25.0029.8%8.5%23.0%7.4%58.2%3.4%-7.6%-14.3K165.1K-1.7K0.20116.29N/AN/A5511320332