DLNG Options History — December 2014

In December 2014, DLNG traded between $13.90 and $17.17. ATM implied volatility averaged 37.9%, placing in the 13.3% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded below realized volatility by 31.0% (HV 20d: 69.0%). Max pain ranged from $12.50 to $22.50. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 2.16.

Notable Days

  • 2014-12-29: Highest Volume — 521 contracts
  • 2014-12-26: Largest IV spike — 37.4% change
  • 2014-12-11: Highest IV Rank — 17.2%
  • 2014-12-29: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.87$13.90$17.17$15.50$16.35
Max Pain$21.17$12.50$22.50$22.50$12.50
ATM IV37.9%29.1%45.7%39.7%33.8%
Expected Move10.0%8.2%13.1%10.6%9.3%
HV 20d69.0%55.5%82.7%55.5%62.4%
HV 60d51.7%45.4%58.0%45.4%57.9%
IV Rank13.3%8.1%17.2%13.2%10.9%
IV Percentile70.5%44.8%83.7%75.4%63.1%
Term Structure-2.5%-25.2%9.5%-6.2%8.5%
VWIV36.2%30.1%50.3%36.3%50.3%
Skew 25d5.4%-15.0%17.9%5.6%10.2%
Skew 10d10.4%-11.6%36.0%-11.6%4.9%
Call IV 25d39.4%24.2%51.9%46.1%24.2%
Put IV 25d44.9%26.7%62.4%51.6%34.4%
Bid-Ask Spread %101.1688.38117.5688.38116.40
Gamma HHI0.320.220.650.260.33
Net GEX-2.1K-5.3K1.4K-2.7K865
Net DEX784.1K575.3K937.1K823.9K636.7K
Net VEX-713-1.3K-290-605-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.160.003.462.930.00
Total Volume321.63605213342
Total OI1,120.3641,0011,2831,0011,216

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-12-01$15.50$22.5039.7%10.6%55.5%13.2%36.3%5.6%-6.2%-2.7K823.9K-6052.9388.38N/AN/A85249419582
2014-12-02$16.37$22.5037.2%9.6%61.1%11.8%35.0%16.2%-6.2%-4.6K892.6K-7432.8689.12N/AN/A87249419622
2014-12-03$16.65$22.5039.6%10.5%61.0%13.2%34.1%14.3%-7.7%-4.7K892.6K-7382.86105.74N/AN/A87249421622
2014-12-04$16.99$22.5032.2%8.2%61.9%8.8%0.0%8.3%-5.7%-5.2K937.1K-6390.00117.56N/AN/A00410622
2014-12-05$16.48$22.5043.7%9.0%62.3%15.6%31.2%-6.3%-5.5%-4.3K901.2K-6183.4694.00N/AN/A72249421622
2014-12-08$16.02$22.5045.7%9.9%61.3%16.8%31.6%-3.2%8.3%-3.4K904.9K-4463.2393.60N/AN/A77249420622
2014-12-09$15.92$22.5043.0%10.0%61.4%15.2%30.1%-1.1%7.5%-3.1K898.3K-4243.2393.44N/AN/A77249425622
2014-12-10$15.68$22.5045.0%8.3%61.3%16.4%33.0%-1.7%-0.4%-2.6K876.6K-3503.04108.00N/AN/A77234409612
2014-12-11$14.71$22.5042.1%9.8%63.5%17.2%34.6%2.6%-9.8%-2.5K844.9K-3682.6994.76N/AN/A87234409621
2014-12-12$14.35$22.5041.2%10.2%63.4%16.6%37.1%2.5%-1.3%-1.5K836.0K-2902.43100.61N/AN/A102248419621
2014-12-15$13.90$20.0035.3%10.8%63.6%12.5%38.5%11.8%-4.8%-2.0K816.5K-3722.44100.59N/AN/A102249434645
2014-12-16$14.21$20.0036.4%10.7%64.9%13.3%39.0%12.3%-5.3%-2.9K844.1K-3762.86103.94N/AN/A102292434665
2014-12-17$15.69$20.0031.9%10.6%76.8%10.1%37.2%16.7%4.9%-5.3K837.9K-4443.04103.17N/AN/A91277434666
2014-12-18$15.64$20.0038.4%9.9%76.8%14.6%38.6%17.9%-3.5%-4.1K823.9K-5272.42107.14N/AN/A121293434655
2014-12-19$16.87$12.5030.6%10.7%82.7%9.2%50.3%6.9%1.6%-2.9K779.4K-7920.0893.65N/AN/A13310484675
2014-12-22$17.17$0.0030.4%8.7%82.2%9.1%0.0%17.9%0.0%1.2K592.4K-1.2K1.17104.88N/AN/A218256615650
2014-12-23$16.73$0.0038.0%10.0%82.3%14.3%0.0%8.9%-2.3%1.4K575.3K-1.3K1.17101.23N/AN/A218256633650
2014-12-24$16.07$0.0029.1%9.4%82.3%8.1%0.0%-13.0%-8.7%1.1K609.9K-1.2K1.18101.04N/AN/A221260632650
2014-12-26$15.82$0.0039.9%9.7%82.4%15.2%0.0%-15.0%-25.2%1.0K607.4K-1.2K1.12104.87N/AN/A233260635640
2014-12-29$15.66$0.0041.8%13.1%82.4%16.5%0.0%3.2%9.5%145654.7K-1.0K1.00101.85N/AN/A261260605640
2014-12-30$16.37$0.0039.2%10.3%65.4%14.7%0.0%4.1%-3.4%433664.9K-9540.00101.56N/AN/A00576640
2014-12-31$16.35$0.0033.8%9.3%62.4%10.9%0.0%10.2%8.5%865636.7K-1.0K0.00116.40N/AN/A20576640