DLNG Options History — July 2017

In July 2017, DLNG traded between $14.75 and $15.69. ATM implied volatility averaged 31.9%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 5.6% (HV 20d: 26.4%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.41.

Notable Days

  • 2017-07-31: Highest Volume — 1,123 contracts
  • 2017-07-28: Largest IV drop — 15.8% change
  • 2017-07-05: Highest IV Rank — 45.7%
  • 2017-07-05: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.08$14.75$15.69$15.68$14.75
Max Pain$15.00$15.00$15.00$15.00$15.00
ATM IV31.9%23.4%37.9%37.3%26.1%
Expected Move9.1%6.7%10.9%10.7%7.5%
HV 20d26.4%19.8%34.7%33.7%19.8%
HV 60d35.7%32.9%37.0%36.7%32.9%
IV Rank33.0%14.7%45.7%44.3%20.5%
IV Percentile62.7%11.1%88.5%86.1%29.4%
Term Structure0.8%-5.1%7.1%-5.1%-2.0%
VWIV32.4%24.0%39.0%37.4%26.1%
Skew 25d6.3%-8.6%48.4%10.1%-2.5%
Skew 10d10.8%-14.5%91.4%21.4%-3.6%
Call IV 25d31.0%22.8%38.1%28.9%28.0%
Put IV 25d37.3%25.5%86.0%39.0%25.5%
Bid-Ask Spread %61.4026.46103.08103.0841.90
Gamma HHI0.510.340.800.750.49
Net GEX-24.4K-197.0K50.2K50.2K4.5K
Net DEX366.4K-447.0K722.9K-447.0K617.8K
Net VEX-11.1K-13.6K-9.3K-13.6K-9.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.200.930.420.51
Total Volume696.653841,1234881,123
Total OI6,046.34,2656,8996,6284,826

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-07-03$15.68$15.0037.3%10.7%33.7%44.3%37.4%10.1%-5.1%50.2K-447.0K-13.6K0.42103.08N/AN/A3431454,2082,420
2017-07-05$15.69$15.0037.9%10.9%33.7%45.7%33.8%13.1%-3.5%35.3K-237.5K-13.3K0.4577.23N/AN/A2651194,2442,424
2017-07-06$15.41$15.0034.8%9.8%34.4%39.1%39.0%1.8%0.2%12.2K211.8K-11.8K0.4572.14N/AN/A2841284,2762,416
2017-07-07$15.03$15.0031.2%9.3%34.7%31.5%32.5%3.4%-0.2%-23.4K531.3K-12.1K0.3740.15N/AN/A3251194,1282,459
2017-07-10$14.87$15.0035.7%8.9%34.1%41.0%38.1%1.5%4.9%-14.8K510.8K-12.0K0.3464.71N/AN/A3821314,1622,475
2017-07-11$14.79$15.0031.1%9.2%30.8%31.2%26.2%13.1%1.9%-23.7K583.9K-11.7K0.2043.68N/AN/A6401314,2722,475
2017-07-12$14.96$15.0031.4%9.0%30.1%31.8%33.9%3.6%2.7%-24.9K643.9K-11.1K0.2780.94N/AN/A5211404,0312,476
2017-07-13$14.95$15.0032.5%9.3%28.0%34.1%35.3%2.0%2.8%-37.1K722.9K-10.9K0.3236.42N/AN/A5261684,0472,501
2017-07-14$15.19$15.0034.9%10.0%26.2%39.3%32.7%18.4%-0.2%-38.3K480.8K-11.1K0.2966.31N/AN/A5411594,0412,531
2017-07-17$15.07$15.0034.9%10.0%24.9%39.3%33.1%5.5%0.1%-52.2K427.4K-11.0K0.2349.80N/AN/A7441724,1222,538
2017-07-18$15.20$15.0037.4%10.7%22.4%44.5%36.4%-2.5%-1.8%-62.0K183.1K-12.0K0.3761.17N/AN/A4871824,3012,598
2017-07-19$15.36$15.0035.1%10.1%22.2%39.7%36.2%48.4%1.9%-42.6K152.7K-10.9K0.2426.46N/AN/A6911694,1902,578
2017-07-20$15.10$15.0031.9%9.2%23.5%33.0%29.8%6.9%1.2%-130.7K390.5K-10.9K0.3940.58N/AN/A4211664,1992,598
2017-07-21$15.05$15.0034.6%9.9%23.1%38.5%34.7%15.7%-0.2%-197.0K610.6K-10.2K0.8856.78N/AN/A4363854,1632,590
2017-07-24$14.99$15.0029.5%8.5%22.1%27.7%29.4%2.7%5.3%16.9K272.1K-9.9K0.9382.57N/AN/A2051902,4091,864
2017-07-25$14.85$15.0026.7%7.7%22.1%21.8%32.4%-8.6%7.1%12.6K283.2K-10.2K0.5566.47N/AN/A2691492,4031,926
2017-07-26$14.90$15.0024.8%7.1%22.0%17.7%29.5%-8.4%-0.5%8.5K451.0K-9.3K0.3290.42N/AN/A8122592,3241,941
2017-07-27$14.81$15.0027.7%7.9%20.0%24.0%27.9%0.9%-3.5%7.2K546.3K-9.9K0.3573.79N/AN/A7272552,8402,064
2017-07-28$14.90$15.0023.4%6.7%20.1%14.7%24.0%2.0%5.2%12.5K392.2K-10.2K0.3453.48N/AN/A7672572,8062,060
2017-07-31$14.75$15.0026.1%7.5%19.8%20.5%26.1%-2.5%-2.0%4.5K617.8K-9.5K0.5141.90N/AN/A7443792,7562,070