DLNG Options History — June 2016

In June 2016, DLNG traded between $12.55 and $14.28. ATM implied volatility averaged 46.7%, placing in the 10.3% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 12.0% (HV 20d: 34.7%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.59.

Notable Days

  • 2016-06-20: Highest Volume — 1,640 contracts
  • 2016-06-02: Largest IV spike — 38.4% change
  • 2016-06-27: Highest IV Rank — 14.5%
  • 2016-06-27: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.69$12.55$14.28$14.28$13.54
Max Pain$14.09$12.50$15.00$15.00$12.50
ATM IV46.7%38.2%56.3%38.2%45.3%
Expected Move13.4%11.0%16.1%11.0%13.0%
HV 20d34.7%27.8%47.1%27.8%44.5%
HV 60d56.3%47.5%59.2%58.2%50.0%
IV Rank10.3%6.3%14.5%6.3%8.5%
IV Percentile38.4%19.8%64.3%19.8%31.0%
Term Structure0.1%-12.8%14.3%1.3%10.2%
VWIV46.8%40.2%61.2%40.2%47.9%
Skew 25d5.9%-4.0%17.8%-4.0%1.8%
Skew 10d18.6%-7.5%64.5%-7.5%-0.9%
Call IV 25d43.0%36.8%60.8%40.3%46.8%
Put IV 25d48.9%36.2%72.3%36.2%48.6%
Bid-Ask Spread %79.3268.07104.43104.4387.89
Gamma HHI0.540.390.700.700.55
Net GEX29.1K10.2K44.4K42.1K25.7K
Net DEX-514.8K-1.3M335.4K-1.3M-346.9K
Net VEX-10.5K-11.9K-9.5K-9.6K-10.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.241.370.420.45
Total Volume820.1366151,640700701
Total OI5,968.4555,4116,2105,4116,000

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-06-01$14.28$15.0038.2%11.0%27.8%6.3%40.2%-4.0%1.3%42.1K-1.3M-9.6K0.42104.43N/AN/A4942063,0212,390
2016-06-02$13.65$15.0052.9%14.7%32.3%14.2%48.2%4.9%-12.0%31.5K-831.8K-9.5K1.2582.05N/AN/A4445573,0322,420
2016-06-03$13.71$15.0039.5%11.5%31.4%7.0%42.5%5.5%14.3%27.8K-504.1K-10.6K1.2579.07N/AN/A4545673,0432,825
2016-06-06$14.27$15.0039.9%11.9%33.8%7.2%41.5%4.2%1.8%38.0K-870.8K-10.6K1.1076.98N/AN/A5065593,0342,847
2016-06-07$14.20$15.0042.5%12.3%32.9%8.6%42.6%5.9%0.4%41.5K-1.0M-11.0K0.4177.37N/AN/A5482243,1132,859
2016-06-08$14.23$15.0048.7%14.0%31.1%11.9%48.6%4.4%-4.6%42.5K-1.1M-11.2K0.4081.15N/AN/A5362153,2062,888
2016-06-09$14.17$15.0040.6%11.7%29.9%7.6%41.4%7.5%2.7%44.4K-901.0K-10.9K0.4679.85N/AN/A4782183,2262,890
2016-06-10$13.80$15.0041.6%11.9%29.9%8.2%47.6%2.3%-0.2%36.0K-625.5K-10.6K0.4381.01N/AN/A5102173,2292,895
2016-06-13$13.57$15.0051.7%14.8%29.9%13.5%50.8%6.3%-12.8%28.5K-382.9K-10.3K0.3476.76N/AN/A5081733,2112,913
2016-06-14$13.18$15.0048.8%14.0%31.3%12.0%50.1%9.1%-2.5%16.3K45.3K-9.6K0.5174.25N/AN/A4682403,1962,927
2016-06-15$13.56$15.0050.3%14.4%32.9%12.8%47.5%9.7%-2.8%24.8K-255.3K-10.0K0.4376.09N/AN/A5032143,2073,003
2016-06-16$13.67$15.0047.0%13.5%30.7%10.5%44.3%3.2%0.8%17.9K-247.0K-9.9K0.2676.17N/AN/A4871283,1643,033
2016-06-17$14.01$15.0041.8%12.0%31.9%7.7%45.2%3.3%1.4%23.3K-642.1K-10.3K0.2475.78N/AN/A5341303,1673,018
2016-06-20$13.65$15.0049.3%14.1%33.2%11.8%44.4%5.9%2.0%20.4K-388.2K-9.6K1.3768.07N/AN/A6939472,8242,938
2016-06-21$13.98$12.5040.7%11.7%34.1%6.5%43.4%9.7%-4.3%35.5K-751.5K-11.9K1.2173.35N/AN/A4915963,0742,885
2016-06-22$13.53$12.5050.1%14.4%36.1%11.5%51.1%17.8%3.5%30.6K-623.4K-11.5K0.4877.62N/AN/A4912343,0942,886
2016-06-23$13.70$12.5047.1%13.5%36.3%9.9%43.5%9.4%3.9%31.7K-502.1K-11.3K0.4980.06N/AN/A5012483,0942,896
2016-06-24$13.40$12.5047.4%13.6%37.1%10.1%47.6%4.7%5.1%25.5K-265.7K-11.1K0.3485.04N/AN/A5431823,1282,906
2016-06-27$12.55$12.5056.3%16.1%43.1%14.5%61.2%11.5%-5.9%10.2K335.4K-10.0K0.4571.58N/AN/A5282353,0522,872
2016-06-28$13.15$12.5054.3%15.6%46.2%13.4%51.7%1.1%2.2%20.8K41.4K-10.3K0.3778.52N/AN/A5622092,9872,905
2016-06-29$13.44$12.5052.4%15.0%47.1%12.4%48.3%6.6%-1.4%26.1K-270.7K-11.0K0.3881.97N/AN/A5532113,0662,942
2016-06-30$13.54$12.5045.3%13.0%44.5%8.5%47.9%1.8%10.2%25.7K-346.9K-10.7K0.4587.89N/AN/A4852163,0662,934