DLNG Options History — November 2014

In November 2014, DLNG traded between $17.96 and $21.71. ATM implied volatility averaged 33.0%, placing in the 9.3% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 1.6% (HV 20d: 34.6%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 8 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 1.59.

Notable Days

  • 2014-11-25: Highest Volume — 295 contracts
  • 2014-11-12: Largest IV drop — 21.6% change
  • 2014-11-10: Highest IV Rank — 16.1%
  • 2014-11-20: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.96$17.96$21.71$21.71$17.96
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV33.0%26.7%44.5%31.6%32.0%
Expected Move8.8%6.4%10.1%7.4%9.6%
HV 20d34.6%26.2%49.5%49.5%27.5%
HV 60d33.8%33.1%34.8%33.8%34.8%
IV Rank9.3%5.5%16.1%8.4%8.7%
IV Percentile59.2%35.2%79.5%59.8%60.3%
Term Structure-0.7%-7.2%9.0%3.8%-7.2%
VWIV31.5%27.7%35.3%30.5%29.1%
Skew 25d0.1%-9.4%14.2%14.2%-2.8%
Skew 10d2.2%-12.8%16.1%16.1%3.6%
Call IV 25d34.7%22.1%42.1%32.0%37.5%
Put IV 25d34.8%26.6%46.3%46.3%34.7%
Bid-Ask Spread %97.0180.45116.05106.49113.96
Gamma HHI0.420.270.630.630.29
Net GEX3.8K-12.5K42.3K42.3K-6.7K
Net DEX502.6K-94.5K895.2K-94.5K895.2K
Net VEX-1.9K-3.7K-754-3.7K-995
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.590.789.231.042.47
Total Volume152.94702951840
Total OI1,317.7378721,4251,414990

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-11-03$21.71$22.5031.6%7.4%49.5%8.4%30.5%14.2%3.8%42.3K-94.5K-3.7K1.04106.49N/AN/A9094942472
2014-11-04$20.79$22.5037.1%8.6%46.2%11.7%32.9%1.4%-4.7%25.7K244.1K-2.9K1.0499.80N/AN/A9094942472
2014-11-05$20.82$22.5035.5%9.2%45.8%10.7%35.3%1.3%-5.0%33.0K119.3K-3.2K1.0487.72N/AN/A9094942472
2014-11-06$20.61$22.5037.2%9.2%44.7%11.7%32.8%-1.7%-0.7%15.2K401.5K-2.5K1.0481.58N/AN/A9094942472
2014-11-07$21.07$22.5040.3%9.1%42.1%13.6%30.5%-0.6%-3.3%26.8K254.3K-2.9K1.03108.72N/AN/A9194942472
2014-11-10$20.87$22.5044.5%8.7%39.2%16.1%30.1%-5.5%-0.5%7.5K443.0K-2.2K0.92109.30N/AN/A10294942472
2014-11-11$20.76$22.5040.0%8.8%39.3%13.4%31.5%4.8%-6.7%1.3K446.7K-2.0K0.92101.73N/AN/A10294877444
2014-11-12$20.77$22.5031.4%9.4%39.4%8.3%32.2%2.6%-3.8%4.8K401.5K-2.3K0.92104.41N/AN/A10294953472
2014-11-13$20.20$22.5029.5%8.8%32.4%7.2%33.3%-8.3%1.4%-10.5K561.8K-1.7K0.9292.72N/AN/A10294953472
2014-11-14$20.01$22.5029.9%8.6%28.2%7.4%32.2%1.7%-1.3%-5.0K548.5K-1.7K0.0095.35N/AN/A02953472
2014-11-17$20.00$22.5031.5%9.0%28.2%8.4%32.3%-2.0%0.4%-7.7K575.1K-1.6K0.8484.63N/AN/A10286953472
2014-11-18$19.99$22.5032.8%9.1%28.2%9.1%32.0%-9.4%1.2%-10.9K566.3K-1.6K0.8480.45N/AN/A10286953472
2014-11-19$19.62$22.5028.8%8.5%28.5%6.8%0.0%-2.1%-1.6%-10.3K616.1K-1.3K0.00116.05N/AN/A00953472
2014-11-20$19.67$22.5031.9%10.1%26.2%8.6%33.9%0.4%1.5%-12.5K597.6K-1.4K0.8493.03N/AN/A10286952471
2014-11-21$18.86$22.5029.5%6.4%27.2%7.2%27.7%1.7%0.7%-176573.6K-1.3K0.7895.16N/AN/A11691952471
2014-11-24$19.03$22.5026.7%9.5%27.1%5.5%28.1%3.8%2.5%-7.2K647.6K-1.1K9.2398.14N/AN/A13120417455
2014-11-25$18.28$22.5027.4%7.9%29.2%5.9%29.1%-6.7%9.0%-5.6K880.1K-7542.4789.47N/AN/A85210419565
2014-11-26$18.20$22.5029.5%8.9%29.2%7.2%0.0%8.9%1.4%-8.0K871.2K-1.2K0.0084.45N/AN/A00408582
2014-11-28$17.96$22.5032.0%9.6%27.5%8.7%0.0%-2.8%-7.2%-6.7K895.2K-9950.00113.96N/AN/A00408582