DLNG Options History — February 2018

In February 2018, DLNG traded between $10.16 and $11.36. ATM implied volatility averaged 41.5%, placing in the 44.0% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 17.2% (HV 20d: 24.3%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 4 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.89.

Notable Days

  • 2018-02-14: Highest Volume — 777 contracts
  • 2018-02-06: Largest IV spike — 60.2% change
  • 2018-02-06: Highest IV Rank — 100.0%
  • 2018-02-13: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.87$10.16$11.36$11.36$10.16
Max Pain$12.11$10.00$12.50$12.50$10.00
ATM IV41.5%29.4%74.1%39.7%31.2%
Expected Move10.9%8.2%14.1%8.2%8.9%
HV 20d24.3%22.3%32.6%32.6%25.0%
HV 60d37.1%35.2%38.6%38.5%35.7%
IV Rank44.0%21.7%100.0%45.2%24.9%
IV Percentile85.4%48.4%100.0%91.7%56.0%
Term Structure-0.9%-17.1%16.6%0.3%-2.7%
VWIV37.5%29.8%46.3%29.8%31.0%
Skew 25d1.0%-22.7%14.7%7.8%-5.1%
Skew 10d5.9%-12.1%21.4%10.2%-7.4%
Call IV 25d40.0%31.1%50.1%31.1%36.5%
Put IV 25d41.0%27.4%52.0%38.9%31.4%
Bid-Ask Spread %91.9243.37113.23100.9194.04
Gamma HHI0.420.320.560.400.34
Net GEX-1.9K-7.8K3.9K-840-2.3K
Net DEX717.2K478.1K926.7K727.4K814.9K
Net VEX-5.5K-6.3K-4.0K-6.3K-4.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.301.471.470.70
Total Volume398.211232777232318
Total OI3,903.6323,6904,2553,8053,780

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$11.36$12.5039.7%8.2%32.6%45.2%29.8%7.8%0.3%-840727.4K-6.3K1.47100.91N/AN/A941381,8371,968
2018-02-02$11.23$12.5048.8%11.9%24.8%63.4%33.6%4.1%-6.8%-4.2K779.6K-5.7K0.94103.03N/AN/A1471381,8371,968
2018-02-05$10.92$12.5046.3%10.8%25.6%58.3%39.3%0.7%16.6%-7.1K926.7K-5.4K0.9892.49N/AN/A1361331,9071,974
2018-02-06$11.10$12.5074.1%10.8%24.2%100.0%38.5%-3.8%-6.0%-3.7K904.7K-5.7K1.27107.57N/AN/A1351711,9231,979
2018-02-07$11.05$12.5036.0%10.3%23.0%33.2%36.5%4.0%7.9%-1.9K788.1K-5.9K1.21105.09N/AN/A1411711,9481,981
2018-02-08$11.02$12.5047.4%13.6%22.8%53.2%37.0%13.0%-9.0%1.6K711.5K-6.2K0.79113.23N/AN/A1411111,9781,981
2018-02-09$10.80$12.5041.5%11.9%23.4%42.8%42.2%7.1%-2.8%-2.5K828.8K-6.1K1.3499.20N/AN/A1401881,9781,981
2018-02-12$10.82$12.5033.3%9.6%23.0%28.5%32.4%-1.9%8.5%-7.8K896.9K-5.2K0.3588.72N/AN/A5191821,9771,915
2018-02-13$10.92$12.5049.2%14.1%22.7%56.4%32.4%6.0%-17.1%722599.3K-6.1K0.3386.25N/AN/A5751872,2821,911
2018-02-14$10.93$12.5034.0%9.7%22.3%29.7%39.6%-4.0%-0.3%3.9K582.9K-5.8K0.3281.67N/AN/A5901872,3221,916
2018-02-15$11.22$12.5041.2%11.8%24.3%42.3%38.7%10.8%-0.5%3.0K478.1K-6.3K0.3093.82N/AN/A5561652,3281,916
2018-02-16$11.05$12.5039.2%11.2%24.7%38.9%38.8%9.4%6.0%-262585.5K-5.5K1.26100.55N/AN/A1281612,3401,915
2018-02-20$10.81$12.5047.2%13.5%23.5%52.9%36.0%14.7%-13.4%-1.6K584.6K-5.2K1.4699.59N/AN/A1161691,9111,779
2018-02-21$10.66$12.5037.4%10.7%23.3%35.8%46.3%-22.7%-6.3%-2.2K621.3K-5.2K0.8874.46N/AN/A1911691,9111,799
2018-02-22$10.73$12.5035.6%10.2%23.6%32.6%41.6%-7.0%4.9%-2.6K655.7K-5.2K0.8843.37N/AN/A1911691,9111,799
2018-02-23$10.76$12.5042.0%12.0%23.8%43.8%43.8%-3.7%-2.3%-1.8K614.1K-5.2K0.92102.70N/AN/A1681541,9141,799
2018-02-26$10.63$10.0035.5%10.2%23.7%32.3%42.2%-5.9%-7.9%-4.3K668.2K-4.7K0.8661.32N/AN/A1981711,9261,799
2018-02-27$10.27$10.0029.4%8.4%25.7%21.7%33.9%-4.3%12.8%-2.6K858.5K-4.6K0.7098.51N/AN/A1871311,9631,816
2018-02-28$10.16$10.0031.2%8.9%25.0%24.9%31.0%-5.1%-2.7%-2.3K814.9K-4.0K0.7094.04N/AN/A1871311,9641,816