DLNG Options History — December 2015

In December 2015, DLNG traded between $7.99 and $12.39. ATM implied volatility averaged 73.7%, placing in the 35.6% IV rank vs the trailing year. The 30-day expected move averaged 19.7%. IV traded above realized volatility by 15.2% (HV 20d: 58.6%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.08.

Notable Days

  • 2015-12-31: Highest Volume — 411 contracts
  • 2015-12-16: Largest IV spike — 296.7% change
  • 2015-12-01: Highest IV Rank — 100.0%
  • 2015-12-16: Largest Expected Move — 61.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.98$7.99$12.39$12.39$9.70
Max Pain$14.43$10.00$15.00$15.00$10.00
ATM IV73.7%49.7%214.1%134.5%50.2%
Expected Move19.7%13.1%61.4%38.6%14.4%
HV 20d58.6%41.4%85.4%44.0%85.4%
HV 60d51.3%44.3%60.0%47.3%60.0%
IV Rank35.6%14.1%100.0%100.0%14.1%
IV Percentile91.4%79.0%100.0%100.0%79.0%
Term Structure-10.6%-176.0%45.3%6.2%-0.4%
VWIV69.1%41.3%138.9%57.3%53.2%
Skew 25d17.5%-13.3%83.5%53.4%-6.5%
Skew 10d24.1%-45.2%122.5%-6.6%-8.9%
Call IV 25d53.8%31.4%109.3%43.1%54.1%
Put IV 25d71.4%44.1%131.2%96.5%47.6%
Bid-Ask Spread %96.2737.86148.04148.0447.90
Gamma HHI0.630.360.890.570.36
Net GEX-2.1K-4.0K698-3.2K698
Net DEX238.0K181.4K311.2K189.9K249.5K
Net VEX-746-944-517-875-941
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.080.552.441.131.00
Total Volume270.86404110411
Total OI829.8186391,1816391,181

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-12-01$12.39$15.00134.5%38.6%44.0%100.0%0.0%53.4%6.2%-3.2K189.9K-8750.00148.04N/AN/A00314325
2015-12-02$12.09$15.0053.1%15.2%43.9%26.9%57.3%-2.4%-8.9%-3.5K232.9K-8031.13141.86N/AN/A98111321333
2015-12-03$11.76$15.0083.4%19.1%44.5%54.1%94.0%17.3%-11.8%-2.6K238.9K-8111.04138.59N/AN/A98102324343
2015-12-04$11.19$15.0060.8%13.6%46.8%33.8%41.3%1.9%-16.4%-4.0K251.0K-6721.0388.64N/AN/A97100324335
2015-12-07$10.61$15.00122.6%16.4%47.6%89.2%0.0%-3.3%30.3%-2.5K237.2K-6400.00128.97N/AN/A028319323
2015-12-08$10.77$15.0058.0%13.1%47.2%31.3%45.2%38.0%-7.6%-3.4K289.8K-5291.2482.57N/AN/A97120326350
2015-12-09$10.26$15.0059.6%17.1%48.6%32.7%61.8%11.8%-30.4%-2.7K213.8K-6851.25128.39N/AN/A97121326354
2015-12-10$10.48$15.0049.7%14.3%50.1%23.8%48.8%15.5%2.8%-3.2K284.6K-6011.43107.23N/AN/A97139326371
2015-12-11$9.98$15.0059.6%17.1%47.9%32.7%79.4%20.0%-11.3%-3.0K274.0K-6121.32117.16N/AN/A97128326383
2015-12-14$9.70$15.0054.9%15.7%44.6%28.5%56.2%-0.3%-3.5%-2.7K298.9K-5171.12124.78N/AN/A116130326394
2015-12-15$9.83$15.0054.0%15.5%41.6%27.7%65.5%8.9%-6.8%-2.2K311.2K-5451.22128.53N/AN/A104127345405
2015-12-16$9.69$15.00214.1%61.4%41.4%100.0%138.9%23.1%-176.0%-1.4K192.5K-8401.23133.85N/AN/A104128348405
2015-12-17$8.48$15.0088.5%25.4%58.1%34.2%88.6%25.0%45.3%-1.2K226.2K-6062.44114.47N/AN/A117285348405
2015-12-18$7.99$15.0080.5%23.1%58.7%30.0%94.5%-13.3%-22.2%-2.7K278.5K-6310.86110.54N/AN/A169145361545
2015-12-21$8.82$15.0057.7%16.5%71.9%18.1%87.0%31.3%-2.3%-2.5K253.1K-7910.6480.50N/AN/A240154361544
2015-12-22$9.00$15.0058.8%16.9%73.2%18.7%67.3%14.1%-10.1%-2.0K242.2K-8080.6068.35N/AN/A232140426551
2015-12-23$9.40$15.0050.1%14.4%76.0%14.1%51.4%27.7%7.2%-1.5K210.0K-8490.5543.30N/AN/A254140449551
2015-12-24$9.87$15.0051.3%14.7%78.6%14.7%50.8%83.5%0.4%-661192.5K-9010.7441.77N/AN/A192143478557
2015-12-28$9.36$12.5055.1%15.8%79.4%16.7%61.4%22.7%8.6%-654182.6K-8960.8259.39N/AN/A194159498555
2015-12-29$9.20$12.5059.7%17.1%79.4%19.1%66.7%-4.4%-9.1%-912181.4K-9440.8045.32N/AN/A193155510581
2015-12-30$9.01$12.5065.7%18.8%79.4%22.3%73.6%21.2%-16.5%-855206.1K-9111.0837.86N/AN/A191206521588
2015-12-31$9.70$10.0050.2%14.4%85.4%14.1%53.2%-6.5%-0.4%698249.5K-9411.0047.90N/AN/A206205530651