DLNG Options History — July 2016

In July 2016, DLNG traded between $13.32 and $14.28. ATM implied volatility averaged 37.1%, placing in the 4.4% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded below realized volatility by 1.2% (HV 20d: 38.3%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.68.

Notable Days

  • 2016-07-06: Highest Volume — 863 contracts
  • 2016-07-07: Largest IV spike — 76.4% change
  • 2016-07-12: Highest IV Rank — 15.1%
  • 2016-07-01: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.97$13.32$14.28$13.85$14.11
Max Pain$14.75$12.50$15.00$12.50$15.00
ATM IV37.1%27.5%57.5%40.4%31.2%
Expected Move9.6%7.9%11.6%11.6%8.9%
HV 20d38.3%21.8%45.2%45.2%29.9%
HV 60d41.6%33.6%50.1%50.1%35.6%
IV Rank4.4%0.0%15.1%5.9%2.0%
IV Percentile13.7%0.0%66.3%15.1%2.0%
Term Structure1.8%-11.4%9.0%-6.7%2.9%
VWIV35.1%30.4%44.1%44.1%31.2%
Skew 25d1.9%-20.1%14.0%14.0%-0.2%
Skew 10d5.7%-8.5%17.5%11.1%-4.8%
Call IV 25d34.9%27.1%44.6%43.3%31.3%
Put IV 25d36.8%24.4%57.3%57.3%31.1%
Bid-Ask Spread %101.3474.16126.8683.4093.49
Gamma HHI0.590.510.650.590.63
Net GEX41.4K27.2K56.3K34.8K51.3K
Net DEX-500.2K-976.3K-109.7K-655.3K-518.1K
Net VEX-11.2K-11.9K-10.6K-10.9K-11.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.220.960.360.61
Total Volume583.4322863761742
Total OI5,386.354,2526,2346,0164,799

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-07-01$13.85$12.5040.4%11.6%45.2%5.9%44.1%14.0%-6.7%34.8K-655.3K-10.9K0.3683.40N/AN/A5582033,0872,929
2016-07-05$14.20$12.5036.2%10.9%43.8%3.6%36.4%10.7%8.2%48.4K-976.3K-11.1K0.5897.03N/AN/A4772773,1652,924
2016-07-06$14.18$15.0031.6%9.7%43.8%1.1%36.1%4.3%6.9%40.4K-804.6K-11.6K0.70126.86N/AN/A5073563,2412,969
2016-07-07$14.17$15.0055.8%8.8%43.8%14.2%35.2%11.4%8.5%33.7K-428.1K-11.7K0.96108.38N/AN/A3613472,9983,073
2016-07-08$13.92$15.0045.2%8.9%44.2%8.5%36.4%6.3%5.7%33.0K-347.5K-11.4K0.90116.35N/AN/A3913502,9673,081
2016-07-11$13.87$15.0041.5%8.8%43.2%6.5%37.6%8.5%5.1%35.6K-328.8K-11.2K0.70122.60N/AN/A3642533,0223,085
2016-07-12$14.28$15.0057.5%9.3%43.8%15.1%35.6%4.9%2.1%56.3K-497.3K-10.8K0.70124.80N/AN/A3632533,0503,080
2016-07-13$14.16$15.0034.5%9.9%42.4%2.7%37.6%5.0%4.5%53.0K-558.3K-11.4K0.30118.76N/AN/A5191563,1203,080
2016-07-14$14.05$15.0031.8%9.1%41.6%1.2%34.1%5.0%4.2%27.5K-213.3K-10.8K0.84108.15N/AN/A3743163,1033,087
2016-07-15$14.13$15.0031.8%9.1%41.5%1.2%34.6%4.1%2.6%27.2K-261.1K-11.1K0.49122.26N/AN/A4792363,1093,125
2016-07-18$14.23$15.0030.8%8.8%40.7%0.7%34.2%6.2%0.6%33.2K-593.8K-11.3K0.2274.16N/AN/A5751282,3261,926
2016-07-19$14.06$15.0032.9%9.4%39.8%1.8%32.0%-9.1%0.7%46.1K-685.2K-11.9K0.47102.60N/AN/A2881352,6941,910
2016-07-20$14.09$15.0034.4%9.9%38.9%2.6%32.8%-5.4%0.9%51.5K-738.5K-11.9K0.9186.98N/AN/A1711552,7211,902
2016-07-21$13.95$15.0032.3%9.3%37.1%1.5%33.5%-9.7%-2.8%48.1K-652.3K-11.5K0.9089.11N/AN/A1861672,7401,864
2016-07-22$14.02$15.0027.5%7.9%36.9%0.0%30.4%-5.5%1.8%53.8K-621.0K-11.5K0.7889.15N/AN/A1811412,7441,886
2016-07-25$13.84$15.0037.1%10.6%36.3%5.2%38.1%-12.5%-8.3%48.1K-551.1K-11.2K0.76100.45N/AN/A2191672,7491,883
2016-07-26$13.58$15.0037.6%10.8%27.6%5.4%36.6%-20.1%-11.4%39.3K-329.6K-11.1K0.7177.88N/AN/A2141532,8081,930
2016-07-27$13.45$15.0038.5%11.0%22.8%5.9%33.1%10.3%1.4%34.5K-109.7K-10.6K0.8796.31N/AN/A2302012,8281,925
2016-07-28$13.32$15.0033.1%9.5%21.8%3.0%31.5%9.4%9.0%32.3K-133.5K-10.6K0.7887.99N/AN/A2672082,8631,934
2016-07-29$14.11$15.0031.2%8.9%29.9%2.0%31.2%-0.2%2.9%51.3K-518.1K-11.3K0.6193.49N/AN/A4602822,8161,983