DLNG Options History — April 2017

In April 2017, DLNG traded between $16.20 and $17.81. ATM implied volatility averaged 24.6%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded below realized volatility by 1.4% (HV 20d: 26.0%). 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 6 of 19 days. Put/call ratio averaged 0.44.

Notable Days

  • 2017-04-18: Highest Volume — 2,473 contracts
  • 2017-04-19: Largest IV spike — 27.2% change
  • 2017-04-19: Highest IV Rank — 24.3%
  • 2017-04-19: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.21$16.20$17.81$17.70$16.38
Max Pain$17.11$15.00$17.50$15.00$17.50
ATM IV24.6%17.0%29.5%17.0%27.6%
Expected Move7.1%4.9%8.4%4.9%7.9%
HV 20d26.0%22.7%32.2%23.2%32.2%
HV 60d22.3%20.7%25.2%20.7%25.1%
IV Rank14.6%0.9%24.3%0.9%20.8%
IV Percentile18.0%0.4%41.3%0.4%32.5%
Term Structure-0.9%-6.7%11.4%11.4%-2.6%
VWIV25.3%15.4%29.8%15.4%29.8%
Skew 25d5.9%-5.3%106.6%-1.4%-0.2%
Skew 10d16.0%-9.0%149.3%-4.8%3.0%
Call IV 25d25.3%21.4%30.0%21.4%30.0%
Put IV 25d31.2%20.0%131.1%20.0%29.8%
Bid-Ask Spread %81.1718.94108.10104.7939.06
Gamma HHI0.740.490.920.920.49
Net GEX161.6K16.1K317.8K317.8K16.1K
Net DEX-1.1M-2.8M410.3K-2.8M410.3K
Net VEX-12.4K-13.7K-10.5K-11.3K-10.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.081.270.290.14
Total Volume848.2112012,473972443
Total OI5,270.1583,5706,3695,7903,570

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-04-03$17.70$15.0017.0%4.9%23.2%0.9%15.4%-1.4%11.4%317.8K-2.8M-11.3K0.29104.79N/AN/A7512213,6042,186
2017-04-04$17.52$15.0021.0%6.0%22.7%7.4%21.1%-5.3%3.3%294.7K-2.3M-13.2K0.25108.10N/AN/A7611933,6982,186
2017-04-05$16.91$15.0022.2%6.4%26.4%9.3%22.4%6.2%5.8%191.4K-1.5M-12.5K0.2592.64N/AN/A8011983,7082,196
2017-04-06$17.17$17.5023.5%7.1%26.1%11.4%26.3%3.3%-4.8%217.4K-1.5M-12.3K0.5599.77N/AN/A8054423,7692,216
2017-04-07$17.12$17.5025.1%6.9%26.2%14.0%25.3%2.8%-2.3%199.9K-1.1M-13.3K0.5895.28N/AN/A7564403,7672,466
2017-04-10$17.38$17.5022.0%7.5%26.2%8.9%26.2%4.1%-0.6%266.6K-1.9M-13.7K0.6099.12N/AN/A7304403,7792,474
2017-04-11$17.36$17.5024.2%7.5%23.7%12.6%26.3%7.4%-2.5%280.3K-1.7M-13.5K0.27101.27N/AN/A7201923,8032,474
2017-04-12$17.41$17.5025.0%7.2%23.4%16.0%25.2%-0.9%0.1%230.7K-1.7M-13.7K0.2582.60N/AN/A8072023,8142,501
2017-04-13$17.58$17.5025.2%7.2%23.6%16.3%25.6%106.6%-0.2%245.7K-1.5M-13.6K0.2598.88N/AN/A7541853,8272,542
2017-04-17$17.68$17.5025.6%7.3%23.4%17.0%25.6%0.5%0.3%268.6K-2.0M-13.3K0.26101.92N/AN/A7171853,7872,542
2017-04-18$17.81$17.5023.2%6.6%23.0%12.6%23.2%-0.2%2.0%277.7K-2.4M-12.9K0.0890.40N/AN/A2,2881853,7392,552
2017-04-19$17.00$17.5029.5%8.4%28.5%24.3%29.5%-2.7%-6.7%30.6K-29.4K-11.3K0.6397.13N/AN/A3352122,0422,552
2017-04-20$17.20$17.5027.5%7.9%27.3%20.6%27.5%-0.6%-3.2%22.9K-309.2K-12.2K0.8191.01N/AN/A2942392,1952,589
2017-04-21$17.25$17.5026.0%7.5%27.0%17.9%26.0%0.6%-1.0%52.2K-169.2K-12.2K1.2779.64N/AN/A2082642,2162,567
2017-04-24$17.01$17.5029.2%8.4%26.7%23.9%29.2%-2.1%-5.4%44.6K-272.8K-12.0K0.9186.63N/AN/A1501372,0741,636
2017-04-25$17.18$17.5023.5%6.7%26.9%13.2%23.5%-1.0%-3.3%49.4K-298.2K-12.2K0.3118.94N/AN/A246772,1211,649
2017-04-26$17.15$17.5024.0%6.9%25.4%14.0%24.2%-0.5%-0.9%46.4K-346.4K-11.7K0.2621.71N/AN/A159421,9991,649
2017-04-27$16.20$17.5025.5%7.3%31.7%16.9%27.6%-4.2%-6.7%18.0K400.8K-10.5K0.3533.34N/AN/A3991381,9891,655
2017-04-28$16.38$17.5027.6%7.9%32.2%20.8%29.8%-0.2%-2.6%16.1K410.3K-10.6K0.1439.06N/AN/A390531,8711,699