DLNG Options History — November 2017

In November 2017, DLNG traded between $12.46 and $13.63. ATM implied volatility averaged 28.8%, placing in the 30.5% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 3.1% (HV 20d: 25.6%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 1.47.

Notable Days

  • 2017-11-17: Highest Volume — 554 contracts
  • 2017-11-03: Largest IV spike — 41.4% change
  • 2017-11-07: Highest IV Rank — 50.3%
  • 2017-11-24: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.02$12.46$13.63$13.14$13.37
Max Pain$12.50$12.50$12.50$12.50$12.50
ATM IV28.8%21.2%40.1%31.1%29.1%
Expected Move8.0%6.1%10.2%8.9%8.3%
HV 20d25.6%18.8%34.7%18.8%34.7%
HV 60d25.7%23.2%29.5%23.2%24.4%
IV Rank30.5%12.0%50.3%31.1%33.4%
IV Percentile46.2%6.3%92.9%57.9%50.8%
Term Structure1.3%-20.2%10.8%-3.0%10.8%
VWIV26.5%20.2%36.5%31.2%34.9%
Skew 25d19.3%-4.3%66.9%5.9%11.6%
Skew 10d48.5%-3.2%125.9%7.3%13.3%
Call IV 25d23.4%19.0%32.0%25.5%22.1%
Put IV 25d42.6%20.2%88.9%31.5%33.6%
Bid-Ask Spread %54.5511.36104.5677.0317.77
Gamma HHI0.530.470.660.490.48
Net GEX-7.4K-18.1K898-3.8K-623
Net DEX407.8K182.4K603.8K361.2K309.8K
Net VEX-3.7K-4.1K-3.0K-3.9K-4.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.470.197.370.502.16
Total Volume358.762163554439442
Total OI2,431.5712,2262,7032,4292,299

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-11-01$13.14$12.5031.1%8.9%18.8%31.1%31.2%5.9%-3.0%-3.8K361.2K-3.9K0.5077.03N/AN/A2931461,439990
2017-11-02$12.87$12.5022.1%7.3%19.1%12.0%23.0%53.1%1.3%-15.3K465.6K-3.6K0.5543.67N/AN/A2931621,444990
2017-11-03$12.95$12.5031.2%8.0%19.3%31.4%21.4%47.9%2.1%-9.8K447.1K-3.9K0.5664.77N/AN/A2881621,4441,016
2017-11-06$13.15$12.5037.2%8.2%20.4%44.2%20.3%8.1%4.2%-3.8K385.1K-4.0K0.2150.92N/AN/A295611,4591,010
2017-11-07$13.30$12.5040.1%8.5%20.7%50.3%27.5%9.8%0.7%-1.1K308.9K-4.1K0.2243.68N/AN/A276611,4691,020
2017-11-08$12.90$12.5026.8%7.7%19.3%22.4%26.8%44.4%7.4%-7.1K438.6K-3.7K0.24104.56N/AN/A255621,4701,020
2017-11-09$13.11$12.5023.7%6.8%19.8%19.2%26.3%20.5%10.0%-6.7K379.4K-3.8K0.2521.44N/AN/A255641,4731,020
2017-11-10$13.25$12.5024.9%7.2%20.1%22.5%24.3%6.6%8.5%-2.8K330.9K-4.1K0.1992.25N/AN/A266511,4831,032
2017-11-13$13.03$12.5027.1%7.8%20.7%28.2%27.1%26.4%3.1%-9.9K439.5K-3.7K0.4959.40N/AN/A2611291,5081,032
2017-11-14$12.46$12.5034.3%9.8%25.4%47.1%34.0%-1.7%-3.1%-16.0K603.8K-3.2K0.3096.07N/AN/A296891,5181,070
2017-11-15$12.71$12.5024.5%7.0%26.7%21.2%24.2%66.9%4.1%-14.0K466.8K-3.3K0.3153.16N/AN/A282871,6171,086
2017-11-16$12.55$12.5021.2%6.1%26.8%12.6%21.8%62.1%2.2%-18.1K590.9K-3.0K0.4381.84N/AN/A2821221,6051,087
2017-11-17$12.53$12.5028.2%8.1%26.6%31.2%28.3%4.4%1.5%-5.7K368.1K-3.0K0.4620.04N/AN/A3791751,6051,055
2017-11-20$12.79$12.5030.8%8.8%27.3%38.0%30.7%3.6%-1.3%-11.1K525.1K-3.3K0.9093.66N/AN/A91821,2151,011
2017-11-21$12.69$12.5026.5%7.6%27.4%26.7%26.6%2.4%1.0%-15.5K557.4K-3.2K1.0136.07N/AN/A81821,2181,018
2017-11-22$12.94$12.5028.3%8.1%28.2%31.5%28.5%30.0%4.2%-11.7K490.7K-3.5K0.9846.49N/AN/A86841,2181,018
2017-11-24$13.63$12.5035.4%10.2%33.7%50.2%36.5%9.2%-6.7%898182.4K-4.1K3.2898.13N/AN/A953121,2231,020
2017-11-27$13.34$12.5031.8%9.1%34.6%40.7%20.2%-4.3%-20.2%-92300.1K-3.9K5.2018.88N/AN/A603121,2661,005
2017-11-28$13.40$12.5022.4%6.4%34.6%15.7%21.2%1.2%6.1%-745245.5K-4.0K5.2014.44N/AN/A603121,2901,005
2017-11-29$13.31$12.5027.9%8.0%34.7%30.3%20.8%-3.3%-5.8%-2.5K367.4K-3.8K7.3711.36N/AN/A413021,2901,005
2017-11-30$13.37$12.5029.1%8.3%34.7%33.4%34.9%11.6%10.8%-623309.8K-4.1K2.1617.77N/AN/A1403021,2911,008