DLNG Options History — October 2014

In October 2014, DLNG traded between $18.41 and $23.00. ATM implied volatility averaged 37.3%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded below realized volatility by 1.0% (HV 20d: 38.3%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 12 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.33.

Notable Days

  • 2014-10-23: Highest Volume — 493 contracts
  • 2014-10-15: Largest IV spike — 86.4% change
  • 2014-10-15: Highest IV Rank — 49.6%
  • 2014-10-14: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.99$18.41$23.00$23.00$22.00
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV37.3%26.0%100.9%30.3%29.1%
Expected Move8.7%7.6%11.5%8.1%8.3%
HV 20d38.3%20.4%49.8%20.5%49.8%
HV 60d29.7%22.7%34.1%23.4%33.7%
IV Rank11.8%5.1%49.6%7.7%6.9%
IV Percentile64.1%34.1%97.2%58.3%50.0%
Term Structure-1.9%-14.3%7.3%0.3%4.0%
VWIV30.9%18.1%34.7%18.1%30.1%
Skew 25d5.3%-4.8%15.2%3.9%11.2%
Skew 10d9.9%-3.4%32.5%3.9%32.5%
Call IV 25d32.0%23.8%44.3%29.1%28.4%
Put IV 25d37.3%25.9%49.6%33.0%39.7%
Bid-Ask Spread %93.0866.80117.9481.5178.91
Gamma HHI0.520.320.780.720.62
Net GEX10.1K-11.8K40.8K30.3K40.8K
Net DEX404.0K-391.6K998.3K-391.6K11.6K
Net VEX-2.8K-4.5K-1.0K-4.5K-3.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.001.040.251.04
Total Volume248.47824936184
Total OI1,4967571,8341,7451,384

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-10-01$23.00$22.5030.3%8.1%20.5%7.7%18.1%3.9%0.3%30.3K-391.6K-4.5K0.0081.51N/AN/A061,117628
2014-10-02$23.00$22.5029.5%7.7%20.4%7.2%0.0%9.6%0.1%27.7K-336.9K-4.4K0.0083.23N/AN/A021,117634
2014-10-03$22.81$22.5029.0%8.3%20.5%6.9%0.0%7.2%-0.6%27.8K-313.7K-4.3K0.0069.74N/AN/A0101,117634
2014-10-06$22.32$22.5028.5%7.9%21.5%6.6%0.0%4.0%-2.2%18.3K43.6K-3.9K0.2566.80N/AN/A2051,117634
2014-10-07$20.91$22.5034.7%9.2%30.6%10.3%0.0%-4.8%-12.7%-728767.6K-2.8K0.0085.29N/AN/A301,097639
2014-10-08$20.57$22.5032.4%8.9%30.8%8.9%26.9%1.7%-3.7%-5.6K927.3K-2.1K0.3084.40N/AN/A234711,099639
2014-10-09$20.00$22.5035.3%8.7%31.3%10.6%28.1%-1.5%-4.2%-5.7K977.9K-1.7K0.30106.59N/AN/A233711,109634
2014-10-10$19.16$22.5045.5%9.2%33.5%16.7%33.3%6.0%-6.5%-3.7K944.8K-1.7K0.30109.70N/AN/A233711,109634
2014-10-13$18.43$22.5055.2%9.2%33.4%22.5%31.7%6.0%-3.5%-4.9K967.5K-1.3K0.14110.81N/AN/A291421,119629
2014-10-14$18.41$22.5054.1%11.5%32.4%21.8%34.2%-1.0%6.0%29998.3K-1.0K0.1585.46N/AN/A284431,189627
2014-10-15$18.60$22.50100.9%9.9%31.2%49.6%34.7%6.2%7.3%-35936.3K-1.5K0.3788.47N/AN/A2841061,187647
2014-10-16$19.98$22.5030.3%8.6%43.0%7.7%0.0%3.9%-2.0%-2.9K963.0K-1.7K0.10106.06N/AN/A2021,137651
2014-10-17$20.88$22.5035.3%8.8%46.7%10.6%0.0%-1.7%-6.1%-8.0K848.3K-2.1K0.0078.68N/AN/A1701,157651
2014-10-20$20.81$22.5028.8%8.7%46.6%6.8%33.5%-2.7%-2.1%-10.6K536.3K-1.8K0.90104.10N/AN/A7366339418
2014-10-21$20.76$22.5032.0%9.5%46.6%8.7%33.2%15.0%2.1%-11.6K509.9K-2.0K0.9087.59N/AN/A7366339431
2014-10-22$20.96$22.5032.9%8.8%46.9%9.2%33.5%6.1%-1.4%-11.8K439.4K-2.2K0.16108.61N/AN/A40766339431
2014-10-23$21.54$22.5029.6%8.5%48.2%7.2%31.8%9.6%-0.6%12.5K219.3K-3.1K0.2186.91N/AN/A40786683431
2014-10-24$22.06$22.5026.0%8.4%49.2%5.1%31.4%7.8%5.1%20.9K105.2K-3.5K0.2689.48N/AN/A37096683451
2014-10-27$21.55$22.5038.8%7.6%49.7%12.7%31.8%1.2%-14.3%24.4K94.4K-3.6K0.25109.48N/AN/A37094910471
2014-10-28$21.70$22.5035.3%7.9%49.8%10.7%31.5%15.2%-5.3%28.1K-69-3.8K0.25117.94N/AN/A37094910472
2014-10-29$21.50$22.5032.2%8.0%49.2%8.8%31.4%11.0%2.6%36.2K-32.0K-3.8K0.25110.77N/AN/A37094910472
2014-10-30$21.90$22.5033.1%7.6%49.8%9.3%29.2%8.8%-5.4%31.2K75.3K-3.5K0.3390.21N/AN/A28794910472
2014-10-31$22.00$22.5029.1%8.3%49.8%6.9%30.1%11.2%4.0%40.8K11.6K-3.6K1.0478.91N/AN/A9094912472