DLNG Options History — March 2017

In March 2017, DLNG traded between $16.16 and $17.63. ATM implied volatility averaged 26.8%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 5.8% (HV 20d: 21.1%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 17 of 23 days. Put/call ratio averaged 1.39.

Notable Days

  • 2017-03-28: Highest Volume — 1,134 contracts
  • 2017-03-09: Largest IV spike — 80.9% change
  • 2017-03-09: Highest IV Rank — 54.1%
  • 2017-03-09: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.88$16.16$17.63$16.71$17.56
Max Pain$15.00$15.00$15.00$15.00$15.00
ATM IV26.8%17.5%50.0%25.0%25.3%
Expected Move6.5%5.0%7.5%7.2%7.3%
HV 20d21.1%17.7%24.6%18.0%23.1%
HV 60d21.2%20.2%22.5%20.7%20.6%
IV Rank16.7%1.7%54.1%13.8%14.3%
IV Percentile20.1%0.8%81.0%9.9%15.9%
Term Structure3.5%-3.4%10.1%-0.3%3.4%
VWIV24.2%15.2%32.5%25.4%25.0%
Skew 25d12.7%-4.0%108.9%1.2%0.6%
Skew 10d27.9%-7.8%143.7%-7.8%-0.9%
Call IV 25d23.2%16.9%28.7%24.4%26.2%
Put IV 25d35.9%20.2%126.4%25.6%26.8%
Bid-Ask Spread %83.9237.67104.6669.40103.84
Gamma HHI0.720.510.950.580.87
Net GEX113.1K22.7K260.1K55.5K202.5K
Net DEX-1.4M-3.3M-194.5K-960.9K-2.5M
Net VEX-11.2K-13.4K-9.0K-10.0K-13.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.390.225.461.770.33
Total Volume708.4782331,134260901
Total OI5,064.9134,2885,8754,2885,695

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-03-01$16.71$15.0025.0%7.2%18.0%13.8%25.4%1.2%-0.3%55.5K-960.9K-10.0K1.7769.40N/AN/A941662,6131,675
2017-03-02$16.47$15.0024.2%6.9%17.8%12.4%31.3%13.4%10.1%51.0K-773.6K-10.1K1.6996.26N/AN/A981662,6221,711
2017-03-03$16.67$15.0023.0%6.6%18.3%10.6%23.1%6.1%-0.4%62.5K-1.1M-10.0K2.4841.16N/AN/A671662,6401,711
2017-03-06$16.72$15.0032.0%6.3%17.7%25.0%23.0%5.1%3.2%54.3K-1.1M-9.2K0.9882.64N/AN/A1741712,6411,721
2017-03-07$16.47$15.0024.7%6.3%18.4%13.3%22.5%5.1%2.2%46.5K-750.1K-9.9K1.7193.17N/AN/A1161982,6691,748
2017-03-08$16.40$15.0027.6%6.7%18.3%18.0%25.3%2.0%-3.4%38.1K-594.5K-9.6K2.5393.83N/AN/A1012562,6271,752
2017-03-09$16.16$15.0050.0%7.5%18.2%54.1%27.2%-0.1%6.7%22.7K-390.3K-9.5K4.5199.81N/AN/A1838252,6411,731
2017-03-10$16.21$15.0037.7%7.0%18.2%34.3%29.7%3.2%10.1%23.2K-194.5K-10.5K3.71100.67N/AN/A1334942,6441,967
2017-03-13$16.45$15.0042.4%5.5%19.0%41.9%25.4%4.8%-0.5%27.0K-336.6K-9.4K2.04100.50N/AN/A2414912,6081,992
2017-03-14$17.00$15.0044.7%6.5%22.2%45.6%31.4%5.3%-0.3%77.6K-879.1K-9.0K5.46101.16N/AN/A894862,7322,040
2017-03-15$17.19$15.0023.8%6.8%21.8%11.8%23.8%-0.9%-1.1%125.7K-1.3M-10.4K0.36103.20N/AN/A5271922,7722,062
2017-03-16$17.12$15.0024.7%7.1%21.9%13.4%25.3%6.3%0.5%130.3K-1.4M-12.0K0.9197.44N/AN/A2171983,2282,063
2017-03-17$17.29$15.0020.5%5.9%21.7%6.5%18.3%106.3%6.8%149.9K-1.5M-11.8K0.2637.67N/AN/A7982103,2592,067
2017-03-20$17.09$15.0017.6%5.0%22.4%1.9%17.1%108.9%6.2%181.1K-2.0M-12.8K0.3142.96N/AN/A6562053,5882,003
2017-03-21$16.90$15.0023.2%6.7%21.6%10.9%22.3%9.6%3.4%134.3K-1.9M-12.8K0.5250.23N/AN/A6573423,6021,990
2017-03-22$16.50$15.0023.9%6.9%23.2%12.1%32.5%9.5%4.0%83.5K-1.3M-12.9K0.5244.28N/AN/A6043143,6051,995
2017-03-23$16.71$15.0018.2%5.2%23.4%2.9%18.0%17.2%7.9%163.7K-1.6M-12.8K0.2664.96N/AN/A6491703,6132,002
2017-03-24$17.02$15.0021.8%6.2%24.3%8.5%23.3%-2.3%3.2%150.9K-1.8M-12.7K0.2898.34N/AN/A6661853,5852,012
2017-03-27$16.97$15.0023.4%6.7%23.2%11.2%24.3%-1.4%4.3%144.5K-1.7M-12.2K0.32103.55N/AN/A6332043,6222,017
2017-03-28$17.39$15.0025.8%7.4%24.6%15.1%26.9%-4.0%0.2%186.1K-2.8M-9.0K0.2299.47N/AN/A9302043,6242,007
2017-03-29$17.63$15.0017.5%5.0%24.0%1.7%15.2%-1.0%8.7%260.1K-3.3M-13.4K0.43101.02N/AN/A7593283,8682,007
2017-03-30$17.59$15.0020.2%5.8%23.3%6.1%20.3%-3.4%4.8%229.4K-2.8M-13.3K0.43104.66N/AN/A7203113,6162,106
2017-03-31$17.56$15.0025.3%7.3%23.1%14.3%25.0%0.6%3.4%202.5K-2.5M-13.4K0.33103.84N/AN/A6802213,5582,137