DLNG Options History — January 2015

In January 2015, DLNG traded between $14.77 and $17.76. ATM implied volatility averaged 43.1%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 15.1% (HV 20d: 58.1%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.43.

Notable Days

  • 2015-01-13: Highest Volume — 536 contracts
  • 2015-01-08: Largest IV spike — 60.4% change
  • 2015-01-08: Highest IV Rank — 29.3%
  • 2015-01-16: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.23$14.77$17.76$17.13$17.76
Max Pain$15.00$15.00$15.00$15.00$15.00
ATM IV43.1%32.3%60.0%48.4%36.0%
Expected Move11.6%9.3%13.9%13.2%10.3%
HV 20d58.1%46.2%68.2%64.3%47.7%
HV 60d57.4%55.3%58.8%57.4%57.8%
IV Rank17.4%9.9%29.3%21.1%12.5%
IV Percentile77.3%56.3%91.3%86.5%65.9%
Term Structure-4.1%-14.7%6.3%6.3%-11.0%
VWIV40.4%25.4%49.6%49.6%38.5%
Skew 25d5.7%-8.1%23.3%23.3%-0.5%
Skew 10d9.4%-7.3%29.4%23.3%-0.4%
Call IV 25d39.1%27.0%47.6%47.6%39.7%
Put IV 25d44.9%34.8%70.9%70.9%39.2%
Bid-Ask Spread %109.8598.83116.82116.20110.10
Gamma HHI0.500.320.630.460.63
Net GEX75-5.2K5.0K3.1K5.0K
Net DEX428.8K82.9K722.4K604.5K82.9K
Net VEX-863-1.1K-714-1.1K-924
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.430.0010.001.001.14
Total Volume2890536520370
Total OI854.653901,2181,218442

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-01-02$17.13$0.0048.4%13.2%64.3%21.1%0.0%23.3%6.3%3.1K604.5K-1.1K1.00116.20N/AN/A260260578640
2015-01-05$16.03$0.0052.0%13.2%68.2%23.6%49.6%7.7%-0.1%325633.0K-1.0K0.30109.51N/AN/A4012578640
2015-01-06$15.68$15.0035.3%12.6%67.8%11.9%0.0%1.1%-4.6%-3.0K695.7K-8910.0098.83N/AN/A00550652
2015-01-07$15.79$15.0037.4%10.0%67.2%13.4%0.0%5.3%-8.7%-2.0K707.1K-7430.00116.82N/AN/A00550652
2015-01-08$16.00$15.0060.0%10.7%67.3%29.3%41.0%-1.4%1.5%-3.0K696.7K-7601.05110.02N/AN/A260272550652
2015-01-09$15.97$15.0044.1%11.0%67.1%18.1%38.9%-8.1%-2.3%-1.5K694.3K-8111.05106.88N/AN/A260272550652
2015-01-12$15.43$15.0049.5%10.9%64.1%21.9%40.8%-3.3%-1.3%-3.7K697.3K-7341.05113.31N/AN/A259272550652
2015-01-13$15.00$15.0049.9%11.5%64.3%22.2%39.9%-5.0%-3.0%-4.1K722.4K-7441.07106.26N/AN/A259277551652
2015-01-14$14.77$15.0046.1%13.2%63.4%19.5%44.1%2.1%-2.8%-4.1K700.8K-7841.07111.51N/AN/A259277551643
2015-01-15$14.99$15.0038.0%10.9%63.1%13.8%34.9%0.1%-4.4%-5.2K715.0K-7441.03111.87N/AN/A259267551643
2015-01-16$15.92$15.0048.6%13.9%56.4%21.2%25.4%23.0%-10.5%-1.9K687.4K-75810.00108.64N/AN/A220551643
2015-01-20$15.91$15.0045.3%13.0%56.4%19.0%0.0%3.1%-6.4%811163.3K-7610.00113.85N/AN/A00171219
2015-01-21$16.61$15.0037.6%10.8%51.7%13.5%34.3%-0.2%5.0%954154.0K-7140.00110.45N/AN/A540171219
2015-01-22$16.91$15.0032.3%9.3%51.7%9.9%39.7%14.7%-3.6%2.7K119.5K-9310.99100.33N/AN/A198197213219
2015-01-23$16.85$15.0041.9%12.0%50.8%16.6%47.3%16.7%-14.7%3.3K98.2K-9861.03109.78N/AN/A192197221219
2015-01-26$17.05$15.0035.9%10.3%48.6%12.4%0.0%-0.4%-4.0%3.7K101.3K-1.0K0.00110.40N/AN/A00223219
2015-01-27$16.90$15.0038.8%11.1%48.3%14.4%0.0%11.9%-0.2%3.5K82.9K-9500.00111.94N/AN/A30223219
2015-01-28$16.79$15.0047.4%13.6%48.2%20.4%48.9%8.0%-13.3%2.9K98.9K-1.0K1.02111.75N/AN/A194197223219
2015-01-29$17.13$15.0037.0%10.6%46.2%13.2%42.2%16.2%-3.7%3.8K121.5K-8421.02108.45N/AN/A194197223219
2015-01-30$17.76$15.0036.0%10.3%47.7%12.5%38.5%-0.5%-11.0%5.0K82.9K-9241.14110.10N/AN/A173197223219