DLNG Options History — March 2018

In March 2018, DLNG traded between $9.88 and $10.58. ATM implied volatility averaged 40.7%, placing in the 41.5% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 16.0% (HV 20d: 24.8%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.81.

Notable Days

  • 2018-03-29: Highest Volume — 444 contracts
  • 2018-03-23: Largest IV spike — 44.6% change
  • 2018-03-13: Highest IV Rank — 78.8%
  • 2018-03-21: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.25$9.88$10.58$10.47$10.00
Max Pain$10.71$10.00$12.50$10.00$10.00
ATM IV40.7%31.3%62.0%46.4%34.7%
Expected Move10.9%6.9%14.2%13.3%9.9%
HV 20d24.8%18.8%27.4%27.4%18.8%
HV 60d32.9%26.2%36.4%36.4%26.2%
IV Rank41.5%25.1%78.8%51.4%31.0%
IV Percentile83.7%56.3%99.2%94.0%71.0%
Term Structure-5.0%-19.1%10.8%-4.0%-3.7%
VWIV41.7%25.3%65.2%46.4%40.1%
Skew 25d5.1%-16.6%21.8%2.7%16.3%
Skew 10d15.5%-10.6%50.0%3.2%30.8%
Call IV 25d39.1%28.9%50.4%44.2%35.7%
Put IV 25d44.2%27.7%63.2%46.9%52.0%
Bid-Ask Spread %89.7851.83107.8598.1797.03
Gamma HHI0.530.350.710.560.49
Net GEX-3.6K-5.2K-1.2K-3.2K-2.5K
Net DEX904.8K711.4K1.1M835.0K1.1M
Net VEX-4.0K-4.6K-3.3K-4.6K-3.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.411.190.730.41
Total Volume302.667208444308444
Total OI3,834.9523,7554,0263,7803,820

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-03-01$10.47$10.0046.4%13.3%27.4%51.4%46.4%2.7%-4.0%-3.2K835.0K-4.6K0.7398.17N/AN/A1781301,9641,816
2018-03-02$10.45$10.0039.2%11.2%26.7%38.8%32.8%21.8%10.8%-5.1K863.9K-4.3K0.68100.51N/AN/A1911301,9571,829
2018-03-05$10.49$12.5037.3%10.6%26.7%35.5%36.8%15.0%-0.7%-2.6K810.8K-4.2K0.5969.92N/AN/A2221301,9261,829
2018-03-06$10.52$12.5031.3%11.5%25.1%25.1%41.2%7.2%-3.4%-3.0K721.6K-4.6K0.7576.75N/AN/A1851381,9361,829
2018-03-07$10.42$12.5040.8%10.8%24.3%41.7%40.3%8.2%-5.6%-4.3K802.1K-4.2K0.8094.75N/AN/A1731381,9361,832
2018-03-08$10.52$12.5055.1%11.3%24.7%66.6%41.5%-2.3%-2.1%-3.9K711.4K-4.4K0.6188.37N/AN/A2181341,9531,832
2018-03-09$10.29$12.5040.9%6.9%25.6%41.9%25.3%-2.8%7.6%-1.2K884.6K-3.9K0.83107.85N/AN/A1561292,0131,838
2018-03-12$10.38$12.5043.2%11.8%25.2%45.9%43.1%3.6%-3.8%-1.8K786.2K-4.3K1.1151.83N/AN/A1291431,9971,848
2018-03-13$10.58$10.0062.0%10.5%26.3%78.8%39.1%10.3%3.2%-3.2K718.3K-4.3K0.8482.79N/AN/A1761482,0121,868
2018-03-14$10.39$10.0038.5%11.0%26.6%37.7%40.2%-6.8%-10.2%-3.5K793.9K-4.1K0.7977.15N/AN/A1721362,0641,911
2018-03-15$10.28$10.0034.4%9.9%26.7%30.5%35.8%-13.9%-12.5%-3.1K980.5K-3.7K0.8092.40N/AN/A1811452,0641,921
2018-03-16$10.16$10.0037.4%10.7%24.5%35.8%45.7%3.9%-10.6%-4.2K913.0K-4.1K0.8293.67N/AN/A1661362,0951,931
2018-03-19$10.00$10.0035.8%10.3%24.6%32.9%35.2%0.3%-6.6%-5.0K1.1M-3.4K0.8684.09N/AN/A1531311,8771,919
2018-03-20$9.88$10.0036.2%10.4%23.9%33.6%45.5%20.4%-1.2%-3.2K1.1M-3.7K1.1991.55N/AN/A951131,9031,942
2018-03-21$10.02$10.0049.4%14.2%24.5%56.8%65.2%12.9%-17.1%-4.6K950.9K-4.0K1.1094.12N/AN/A1011111,9081,948
2018-03-22$9.92$10.0033.4%9.6%24.3%28.8%36.2%2.8%-2.3%-3.3K1.1M-3.6K1.09101.66N/AN/A1021111,8701,949
2018-03-23$10.07$10.0048.3%13.9%25.2%54.9%47.2%5.3%-11.6%-4.4K902.2K-4.0K0.8591.13N/AN/A1501281,8731,949
2018-03-26$10.09$10.0036.8%10.6%25.0%34.7%39.2%16.7%-4.6%-5.2K1.0M-3.6K0.73101.96N/AN/A1771301,8231,947
2018-03-27$10.11$10.0035.7%10.2%22.0%32.8%40.5%1.7%-7.8%-4.5K984.8K-3.7K0.7396.24N/AN/A1771301,8531,951
2018-03-28$10.11$10.0037.8%10.8%21.7%36.4%57.5%-16.6%-19.1%-4.3K976.9K-3.9K0.6693.49N/AN/A1921271,8501,951
2018-03-29$10.00$10.0034.7%9.9%18.8%31.0%40.1%16.3%-3.7%-2.5K1.1M-3.3K0.4197.03N/AN/A3161281,8691,951