DLNG Options History — July 2015

In July 2015, DLNG traded between $14.50 and $15.88. ATM implied volatility averaged 43.6%, placing in the 30.7% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 12.9% (HV 20d: 30.8%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 1.11.

Notable Days

  • 2015-07-21: Highest Volume — 383 contracts
  • 2015-07-15: Largest IV drop — 44.5% change
  • 2015-07-14: Highest IV Rank — 65.7%
  • 2015-07-28: Largest Expected Move — 15.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.07$14.50$15.88$15.88$14.50
Max Pain$18.98$17.50$20.00$20.00$17.50
ATM IV43.6%29.7%72.6%38.3%43.3%
Expected Move11.5%8.5%15.7%11.0%12.4%
HV 20d30.8%25.9%34.2%32.9%32.1%
HV 60d35.6%31.1%39.8%38.0%32.6%
IV Rank30.7%13.8%65.7%24.2%30.3%
IV Percentile81.7%34.1%99.6%83.3%88.5%
Term Structure-6.9%-16.5%4.5%-8.0%-1.2%
VWIV33.6%23.9%43.1%36.8%30.9%
Skew 25d6.9%-10.7%19.4%-7.9%19.4%
Skew 10d15.5%-5.3%32.0%8.9%28.8%
Call IV 25d35.3%26.9%44.2%41.6%32.9%
Put IV 25d42.2%33.5%53.2%33.7%52.3%
Bid-Ask Spread %109.71101.93121.93106.22107.14
Gamma HHI0.500.340.730.340.44
Net GEX-6.9K-11.5K-3.1K-8.4K-3.5K
Net DEX617.6K333.9K874.2K755.4K359.4K
Net VEX-1.0K-1.4K-734-1.3K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.110.351.751.750.65
Total Volume336.955299383314370
Total OI1,014.1825051,2291,183902

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-07-01$15.88$20.0038.3%11.0%32.9%24.2%36.8%-7.9%-8.0%-8.4K755.4K-1.3K1.75106.22N/AN/A114200523660
2015-07-02$15.83$20.0042.5%12.2%32.5%29.3%33.3%17.3%-8.6%-9.7K793.8K-1.1K1.64103.95N/AN/A115189524668
2015-07-06$15.25$20.0036.7%11.5%33.9%22.3%34.9%-10.7%-12.4%-8.8K861.4K-8361.59101.93N/AN/A119189525684
2015-07-07$15.31$20.0047.3%12.1%33.0%35.1%43.1%16.4%-8.5%-8.9K867.5K-8451.47111.79N/AN/A129189525684
2015-07-08$15.19$20.0041.8%12.0%32.8%28.5%42.2%-4.7%-5.0%-8.4K841.1K-9171.47102.79N/AN/A129189535684
2015-07-09$14.66$20.0040.8%9.3%34.2%27.3%32.5%7.0%4.5%-7.7K842.9K-8021.47109.95N/AN/A129189535684
2015-07-10$15.11$20.0051.6%11.1%31.1%40.3%40.1%5.4%-5.6%-8.3K874.2K-7791.49115.57N/AN/A129192535686
2015-07-13$15.09$20.0063.1%11.0%31.3%54.2%38.6%4.3%-4.8%-9.0K872.3K-8051.49111.19N/AN/A129192535694
2015-07-14$14.91$20.0072.6%11.3%30.8%65.7%40.1%3.3%-6.0%-8.6K851.6K-8241.49121.02N/AN/A129192535694
2015-07-15$14.83$20.0040.3%11.5%30.8%26.6%40.7%6.6%-5.9%-8.0K738.2K-7341.68112.37N/AN/A129217535602
2015-07-16$15.14$20.0031.6%9.1%32.6%16.2%30.4%4.7%-3.3%-11.5K797.3K-8331.74121.93N/AN/A125217535653
2015-07-17$15.02$20.0029.7%8.5%30.8%13.8%28.0%6.6%-4.3%-8.8K765.4K-8331.68111.50N/AN/A129217535653
2015-07-20$15.13$20.0032.1%9.2%31.2%16.7%32.6%-2.6%-7.7%-8.1K376.3K-9090.35114.04N/AN/A26493129376
2015-07-21$15.13$17.5036.3%10.4%30.6%21.8%23.9%11.5%-11.9%-3.1K345.1K-1.1K0.45107.76N/AN/A264119329383
2015-07-22$14.90$17.5035.6%10.2%28.9%21.0%25.8%9.3%-13.3%-5.3K407.1K-1.1K0.42106.30N/AN/A255106329416
2015-07-23$14.90$17.5036.5%10.5%28.8%22.0%28.3%9.2%-7.5%-6.4K418.9K-1.0K0.55110.65N/AN/A193106330423
2015-07-24$14.60$17.5043.5%12.5%29.2%30.6%31.3%10.3%0.0%-4.9K397.4K-1.1K0.49111.61N/AN/A217107359423
2015-07-27$14.82$17.5048.8%14.0%29.8%36.9%32.3%15.9%-3.0%-3.4K382.1K-1.4K0.62110.30N/AN/A217134422450
2015-07-28$14.89$17.5054.7%15.7%25.9%44.1%33.9%9.0%-16.5%-3.2K359.6K-1.4K0.62106.46N/AN/A217134422440
2015-07-29$15.15$17.5051.1%14.7%26.9%39.8%30.0%16.9%-15.1%-3.4K346.4K-1.4K0.65106.75N/AN/A224146414440
2015-07-30$15.25$17.5041.9%12.0%27.1%28.6%30.2%5.2%-8.2%-4.0K333.9K-1.4K0.65102.45N/AN/A224146461441
2015-07-31$14.50$17.5043.3%12.4%32.1%30.3%30.9%19.4%-1.2%-3.5K359.4K-1.3K0.65107.14N/AN/A224146461441