DLNG Options History — February 2017

In February 2017, DLNG traded between $16.12 and $16.83. ATM implied volatility averaged 29.5%, placing in the 18.7% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 9.7% (HV 20d: 19.8%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 1.17.

Notable Days

  • 2017-02-02: Highest Volume — 1,373 contracts
  • 2017-02-03: Largest IV spike — 47.5% change
  • 2017-02-15: Highest IV Rank — 30.5%
  • 2017-02-15: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.47$16.12$16.83$16.61$16.37
Max Pain$15.39$15.00$17.50$17.50$15.00
ATM IV29.5%22.4%39.2%27.8%34.6%
Expected Move8.2%7.0%10.1%8.0%9.9%
HV 20d19.8%16.8%22.6%22.6%16.8%
HV 60d24.2%21.0%30.9%30.9%21.0%
IV Rank18.7%7.0%30.5%13.3%29.3%
IV Percentile26.7%2.4%55.6%17.5%52.4%
Term Structure0.7%-4.9%12.2%0.9%-4.9%
VWIV28.3%20.8%32.9%20.8%29.1%
Skew 25d5.0%-10.0%16.7%9.2%-10.0%
Skew 10d6.0%-7.4%20.3%3.9%-2.7%
Call IV 25d29.5%22.8%36.0%22.8%32.4%
Put IV 25d34.4%22.4%45.2%32.0%22.4%
Bid-Ask Spread %59.5630.12103.0260.6930.43
Gamma HHI0.660.520.820.750.56
Net GEX92.5K25.8K220.6K132.6K45.3K
Net DEX-998.6K-1.8M-528.6K-1.2M-779.4K
Net VEX-11.6K-12.9K-10.2K-12.5K-10.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.121.870.131.22
Total Volume412.8422211,3731,362278
Total OI4,823.4743,9855,3604,8814,282

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-02-01$16.61$17.5027.8%8.0%22.6%13.3%20.8%9.2%0.9%132.6K-1.2M-12.5K0.1360.69N/AN/A1,2101523,4111,470
2017-02-02$16.60$15.0022.4%7.0%20.8%7.0%26.3%5.9%3.0%132.4K-1.1M-12.5K0.1299.10N/AN/A1,2211523,4501,470
2017-02-03$16.83$15.0033.1%7.8%21.4%19.4%28.6%15.7%2.4%149.5K-1.5M-12.9K0.6764.48N/AN/A2401613,4591,470
2017-02-06$16.81$15.0029.5%7.7%21.2%15.3%27.3%12.7%0.7%220.6K-1.8M-12.8K0.9054.97N/AN/A1781613,5881,468
2017-02-07$16.68$15.0039.2%8.0%19.4%26.6%31.6%6.8%-2.7%157.7K-1.5M-12.8K1.08102.05N/AN/A1491613,6501,468
2017-02-08$16.42$15.0026.7%7.7%19.1%12.0%29.2%4.3%-0.4%149.0K-1.3M-12.3K0.9956.59N/AN/A1841833,6511,468
2017-02-09$16.39$15.0026.4%7.6%18.9%13.3%29.2%8.8%-1.1%111.5K-950.2K-12.0K1.0971.09N/AN/A1621773,6931,502
2017-02-10$16.46$15.0027.1%7.8%18.9%15.2%30.4%0.5%-4.2%131.7K-1.1M-12.0K1.6754.75N/AN/A1061773,7181,499
2017-02-13$16.40$15.0026.5%7.6%19.0%14.7%30.4%6.1%-3.3%115.0K-1.0M-11.7K1.4197.39N/AN/A1161633,7581,499
2017-02-14$16.20$15.0032.2%9.2%18.9%24.2%24.6%6.9%7.8%64.8K-712.4K-11.1K1.8767.50N/AN/A1011893,7731,503
2017-02-15$16.24$17.5035.4%10.1%18.8%30.5%30.1%6.6%3.1%82.9K-798.5K-11.4K1.8338.18N/AN/A1041903,7731,568
2017-02-16$16.12$17.5025.6%7.3%18.8%14.8%26.0%-4.0%12.2%26.5K-528.6K-11.0K1.5530.12N/AN/A1201863,7711,568
2017-02-17$16.20$15.0034.3%9.8%18.7%28.8%30.5%1.6%2.8%25.8K-579.2K-10.8K1.7053.90N/AN/A1202043,7871,573
2017-02-21$16.57$15.0027.7%7.9%20.4%18.1%32.9%-6.6%-2.8%40.5K-846.4K-10.7K0.9632.58N/AN/A1511452,4031,582
2017-02-22$16.45$15.0028.4%8.1%20.3%19.2%28.7%7.0%0.8%40.8K-832.2K-10.8K1.48103.02N/AN/A901332,4421,607
2017-02-23$16.60$15.0027.9%8.0%20.6%18.4%28.1%16.7%-1.4%45.7K-850.5K-10.7K1.6039.03N/AN/A891422,4801,609
2017-02-24$16.64$15.0025.5%7.3%20.2%14.6%25.9%7.2%2.2%47.0K-922.2K-10.7K1.1940.36N/AN/A1011202,4891,619
2017-02-27$16.34$15.0029.3%8.4%20.8%20.6%28.5%-1.0%-1.9%38.7K-745.9K-10.6K0.7435.47N/AN/A1881402,4991,626
2017-02-28$16.37$15.0034.6%9.9%16.8%29.3%29.1%-10.0%-4.9%45.3K-779.4K-10.2K1.2230.43N/AN/A1251532,6311,651