DLNG Options History — November 2015

In November 2015, DLNG traded between $12.56 and $14.51. ATM implied volatility averaged 55.5%, placing in the 31.9% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded above realized volatility by 12.3% (HV 20d: 43.2%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.81.

Notable Days

  • 2015-11-02: Highest Volume — 383 contracts
  • 2015-11-04: Largest IV spike — 284.1% change
  • 2015-11-04: Highest IV Rank — 100.0%
  • 2015-11-18: Largest Expected Move — 38.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.58$12.56$14.51$14.51$12.70
Max Pain$14.63$12.50$15.00$12.50$15.00
ATM IV55.5%29.5%134.5%36.7%102.6%
Expected Move15.7%7.9%38.6%10.5%29.4%
HV 20d43.2%37.5%49.0%41.1%45.2%
HV 60d50.5%47.0%54.1%53.0%47.1%
IV Rank31.9%6.9%100.0%17.0%71.3%
IV Percentile65.4%14.3%100.0%50.0%99.2%
Term Structure-11.3%-93.0%13.7%2.1%-93.0%
VWIV44.2%26.2%101.8%37.9%35.7%
Skew 25d13.8%-7.8%60.5%7.0%49.1%
Skew 10d7.2%-71.3%71.6%-31.5%8.9%
Call IV 25d39.2%26.0%59.1%41.9%43.8%
Put IV 25d53.0%34.8%117.2%48.9%92.9%
Bid-Ask Spread %122.60101.39147.84114.03147.84
Gamma HHI0.480.380.580.530.40
Net GEX3.2K-2.2K10.8K7.7K-669
Net DEX42.5K-135.6K177.7K-41.3K119.0K
Net VEX-1.1K-1.5K-800-1.3K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.005.000.885.00
Total Volume184.8503833836
Total OI741.55599822771635

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-11-02$14.51$12.5036.7%10.5%41.1%17.0%37.9%7.0%2.1%7.7K-41.3K-1.3K0.88114.03N/AN/A204179483288
2015-11-03$14.14$12.5029.9%8.6%41.5%8.5%33.8%0.4%1.5%7.9K-35.2K-1.2K0.99106.10N/AN/A181179481288
2015-11-04$14.03$12.50114.9%32.9%37.8%100.0%101.8%9.6%-6.0%5.6K-12.3K-1.1K0.48145.68N/AN/A16478481288
2015-11-05$13.82$15.0036.3%9.5%37.5%14.3%35.3%6.2%1.9%6.2K-5.0K-1.2K0.48105.58N/AN/A16478481289
2015-11-06$14.11$15.0031.3%8.7%38.4%8.9%0.0%10.7%0.6%8.1K5.6K-1.2K0.00122.22N/AN/A00456289
2015-11-09$14.38$15.0032.1%7.9%39.1%9.7%0.0%9.7%6.6%10.8K-9.9K-1.2K0.00125.09N/AN/A280456289
2015-11-10$14.00$15.0032.8%8.7%39.5%10.4%32.7%7.2%2.9%8.6K-47.9K-1.2K0.46101.39N/AN/A16978501289
2015-11-11$13.99$15.0029.5%8.5%39.4%6.9%32.3%7.3%1.8%7.3K-23.5K-1.1K0.46102.40N/AN/A16978486289
2015-11-12$13.08$15.0043.6%12.5%46.0%22.3%46.1%0.3%0.1%1.5K96.8K-1.0K0.49104.82N/AN/A16481486301
2015-11-13$13.54$15.0098.5%28.2%44.5%82.1%39.0%16.7%-33.5%5.0K-135.6K-1.5K0.44141.26N/AN/A16572498307
2015-11-16$14.04$15.0039.7%11.4%46.8%18.0%26.2%24.2%13.7%49657.8K-9960.00133.73N/AN/A100460299
2015-11-17$13.96$15.0040.7%11.7%46.7%19.1%42.3%2.9%-3.7%2.0K21.2K-1.1K0.54103.27N/AN/A15383500307
2015-11-18$13.73$15.00134.5%38.6%46.9%100.0%69.0%60.5%-47.3%64836.9K-1.1K0.54143.82N/AN/A15383500322
2015-11-19$13.73$15.0043.8%12.6%43.4%18.5%28.0%18.0%-9.5%38068.9K-1.0K0.52120.77N/AN/A16083500322
2015-11-20$12.86$15.0055.3%15.8%49.0%28.8%51.7%-7.8%-29.5%9972.5K-1.0K0.74136.36N/AN/A160118472312
2015-11-23$12.56$15.0044.6%12.8%46.1%19.2%0.0%6.5%-1.3%-1.8K170.0K-8100.00129.35N/AN/A10315284
2015-11-24$12.62$15.0043.2%12.4%44.7%18.0%0.0%12.4%-0.4%-2.1K172.2K-8000.00103.55N/AN/A024315284
2015-11-25$12.81$15.0074.4%21.3%45.2%46.0%50.5%23.8%-32.5%-2.2K177.7K-8691.27143.81N/AN/A95121322306
2015-11-27$12.91$15.0045.0%12.9%45.2%19.6%44.1%10.4%0.1%-1.5K162.0K-1.0K1.27121.01N/AN/A95121322328
2015-11-30$12.70$15.00102.6%29.4%45.2%71.3%35.7%49.1%-93.0%-669119.0K-1.2K5.00147.84N/AN/A15315320