DLNG Options History — May 2017

In May 2017, DLNG traded between $14.00 and $16.70. ATM implied volatility averaged 31.1%, placing in the 29.9% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded below realized volatility by 4.6% (HV 20d: 35.7%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.72.

Notable Days

  • 2017-05-17: Highest Volume — 924 contracts
  • 2017-05-03: Largest IV spike — 44.1% change
  • 2017-05-25: Highest IV Rank — 49.8%
  • 2017-05-25: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.67$14.00$16.70$16.70$14.00
Max Pain$17.50$17.50$17.50$17.50$17.50
ATM IV31.1%24.2%39.9%26.6%30.6%
Expected Move8.5%6.9%11.4%7.6%8.8%
HV 20d35.7%32.4%39.9%33.2%39.9%
HV 60d28.5%25.4%33.0%25.4%33.0%
IV Rank29.9%14.6%49.8%18.9%30.1%
IV Percentile51.5%15.5%84.1%28.6%52.8%
Term Structure0.8%-12.8%10.8%-3.5%-2.6%
VWIV28.3%20.6%39.7%28.2%30.4%
Skew 25d5.2%-6.1%38.3%-3.4%-3.7%
Skew 10d16.9%-14.5%91.8%-4.8%-3.5%
Call IV 25d29.0%21.2%41.2%28.3%32.0%
Put IV 25d34.1%24.2%59.9%24.9%28.3%
Bid-Ask Spread %57.6026.3197.2826.3144.85
Gamma HHI0.470.440.520.520.44
Net GEX5.1K-26.4K34.2K30.5K-22.9K
Net DEX880.1K172.7K1.9M172.7K1.9M
Net VEX-9.5K-11.5K-7.0K-10.6K-7.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.201.420.290.90
Total Volume378.727214924242377
Total OI4,290.7273,5905,1053,5905,105

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-05-01$16.70$17.5026.6%7.6%33.2%18.9%28.2%-3.4%-3.5%30.5K172.7K-10.6K0.2926.31N/AN/A187551,8911,699
2017-05-02$16.47$17.5024.2%6.9%33.2%14.6%21.9%0.5%3.2%20.3K334.6K-10.6K0.5145.68N/AN/A142721,9421,710
2017-05-03$16.04$17.5034.9%10.0%34.1%34.5%35.0%0.3%-12.8%8.4K629.6K-10.0K0.2958.57N/AN/A224641,9311,719
2017-05-04$15.55$17.5034.0%8.2%33.6%32.7%22.2%38.3%-0.5%-5.6K993.4K-8.7K0.9780.85N/AN/A1751691,9251,721
2017-05-05$16.10$17.5034.6%6.9%35.7%33.9%24.2%4.4%7.4%5.9K750.2K-9.9K0.7582.07N/AN/A2311731,9211,803
2017-05-08$15.91$17.5032.1%8.0%35.9%29.2%26.2%2.1%1.3%1.7K851.5K-9.4K0.6629.82N/AN/A2131401,9931,803
2017-05-09$15.81$17.5037.3%8.0%35.2%39.0%28.2%0.3%2.2%651815.6K-9.3K0.3649.21N/AN/A3161151,9891,803
2017-05-10$16.19$17.5025.9%7.4%36.6%20.2%20.6%2.3%8.3%16.8K517.4K-10.4K1.0674.93N/AN/A1181252,1401,840
2017-05-11$16.10$17.5033.8%9.7%36.5%37.0%25.4%9.3%-0.3%11.4K645.5K-10.2K1.1029.49N/AN/A1141252,1421,880
2017-05-12$16.05$17.5027.9%8.0%36.2%24.4%25.3%7.1%7.8%10.6K634.2K-10.1K1.4128.23N/AN/A1011422,1461,880
2017-05-15$16.05$17.5026.6%7.6%36.0%21.5%24.6%3.9%10.8%9.8K705.7K-9.9K1.4226.99N/AN/A1001422,1471,880
2017-05-16$15.77$17.5028.5%8.2%36.0%25.6%28.7%5.5%3.4%-128862.1K-9.4K0.7281.53N/AN/A2982152,1691,880
2017-05-17$15.54$17.5032.6%9.3%32.9%34.2%32.0%0.1%-0.6%-3.3K1.0M-9.4K0.2068.64N/AN/A7711532,4101,966
2017-05-18$15.56$17.5027.6%7.9%32.4%23.6%29.2%24.6%-0.6%7.8K1.0M-9.6K0.5136.53N/AN/A3071562,9221,970
2017-05-19$15.69$17.5032.1%9.2%32.7%33.4%31.7%0.7%-4.2%9.2K1.0M-9.4K0.3531.91N/AN/A3351162,9182,049
2017-05-22$16.25$17.5030.2%8.7%35.3%29.2%26.4%7.4%8.2%34.2K282.1K-11.5K0.4094.05N/AN/A2541012,6981,991
2017-05-23$16.03$17.5030.0%8.6%35.2%28.8%28.6%12.0%6.2%30.2K368.2K-10.9K0.6467.49N/AN/A2711732,7021,991
2017-05-24$15.45$17.5038.3%11.0%37.2%46.5%37.3%-2.7%-8.4%4.0K1.0M-9.4K0.5797.28N/AN/A2001142,8041,993
2017-05-25$14.42$17.5039.9%11.4%39.6%49.8%39.7%-3.8%-6.5%-4.8K1.4M-8.0K1.1595.62N/AN/A2092402,8322,024
2017-05-26$14.64$17.5030.8%8.8%39.8%30.5%31.2%14.6%-2.3%-26.4K1.7M-7.8K0.8139.39N/AN/A2111702,8342,172
2017-05-30$14.49$17.5026.2%7.5%38.7%20.8%24.9%-6.1%1.6%-25.3K1.7M-7.7K0.7277.78N/AN/A2431752,8482,213
2017-05-31$14.00$17.5030.6%8.8%39.9%30.1%30.4%-3.7%-2.6%-22.9K1.9M-7.0K0.9044.85N/AN/A1981792,8822,223