DLNG Options History — April 2018

In April 2018, DLNG traded between $7.93 and $10.76. ATM implied volatility averaged 41.4%, placing in the 41.8% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 6.3% (HV 20d: 35.1%). 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 1.29.

Notable Days

  • 2018-04-20: Highest Volume — 957 contracts
  • 2018-04-12: Largest IV drop — 34.7% change
  • 2018-04-09: Highest IV Rank — 83.3%
  • 2018-04-02: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.87$7.93$10.76$10.35$7.98
Max Pain$11.19$10.00$12.50$10.00$10.00
ATM IV41.4%26.9%64.7%49.2%48.0%
Expected Move11.0%7.7%14.1%14.1%13.8%
HV 20d35.1%22.9%49.7%22.9%47.2%
HV 60d28.6%25.2%34.5%27.3%34.4%
IV Rank41.8%15.7%83.3%56.3%53.4%
IV Percentile76.0%24.6%99.2%96.4%93.7%
Term Structure-4.1%-13.4%11.5%-5.8%-4.3%
VWIV40.2%27.0%62.9%54.5%47.8%
Skew 25d23.6%-11.8%100.4%15.8%13.4%
Skew 10d39.1%-13.2%133.0%26.5%75.1%
Call IV 25d30.6%22.3%41.1%38.9%39.9%
Put IV 25d54.2%27.5%132.5%54.7%53.3%
Bid-Ask Spread %69.5120.38131.8882.0030.01
Gamma HHI0.630.430.890.610.88
Net GEX-6.2K-13.7K-2.0K-4.0K-13.7K
Net DEX952.3K602.6K1.8M888.3K1.1M
Net VEX-3.2K-3.9K-2.0K-3.6K-3.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.290.392.260.801.71
Total Volume468.762279957301456
Total OI3,692.0482,2244,4873,8333,470

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-04-02$10.35$10.0049.2%14.1%22.9%56.3%54.5%15.8%-5.8%-4.0K888.3K-3.6K0.8082.00N/AN/A1671341,8821,951
2018-04-03$10.76$10.0047.0%13.5%26.8%52.5%50.6%18.5%-6.0%-6.0K711.9K-3.6K1.3581.81N/AN/A1241681,8851,958
2018-04-04$10.56$10.0046.0%13.2%27.7%50.7%42.8%16.7%-3.8%-2.0K748.9K-3.9K1.5188.12N/AN/A1111681,9071,988
2018-04-05$10.75$12.5041.7%10.8%28.1%42.2%35.7%11.5%-4.2%-4.5K602.6K-3.6K1.1656.48N/AN/A1451681,9161,988
2018-04-06$10.63$12.5053.0%11.9%28.3%62.3%43.8%15.5%-6.2%-3.5K657.6K-3.8K1.5089.61N/AN/A1121681,9511,988
2018-04-09$10.38$12.5064.7%10.1%28.5%83.3%35.1%12.3%-5.8%-4.1K840.1K-3.2K2.16131.88N/AN/A1142461,9511,988
2018-04-10$10.34$12.5055.1%10.5%28.4%66.0%37.0%7.2%5.1%-3.5K964.3K-3.5K2.1697.45N/AN/A1142461,9522,084
2018-04-11$10.65$12.5041.2%11.8%29.5%41.2%42.8%10.9%-6.9%-3.5K778.7K-3.3K1.16104.63N/AN/A1331541,9522,084
2018-04-12$10.56$12.5026.9%7.7%28.9%15.7%27.0%76.3%11.5%-4.2K903.5K-3.6K1.30101.03N/AN/A1331731,9722,089
2018-04-13$10.48$12.5031.8%9.1%28.8%24.4%31.8%5.0%-5.2%-2.4K949.9K-3.1K1.45130.53N/AN/A1311901,9722,089
2018-04-16$10.60$12.5038.9%11.1%28.6%37.1%39.1%10.9%-9.7%-3.1K796.6K-3.1K1.2460.51N/AN/A1411751,9712,128
2018-04-17$10.64$12.5036.8%10.6%27.8%33.4%36.6%9.7%-5.5%-6.3K858.6K-3.1K1.1667.63N/AN/A2432831,9412,128
2018-04-18$9.76$12.5030.2%8.7%42.0%21.6%30.4%100.4%-4.2%-7.0K1.4M-2.7K1.8988.09N/AN/A2184132,0432,261
2018-04-19$9.82$10.0030.4%8.7%41.7%21.9%31.5%84.7%-4.4%-9.6K1.6M-2.8K0.4771.05N/AN/A5192442,0412,446
2018-04-20$9.69$10.0030.9%8.9%41.9%22.9%30.7%68.5%-1.3%-10.4K1.8M-2.4K0.4736.01N/AN/A6493081,7722,466
2018-04-23$9.45$10.0035.6%10.2%42.2%31.3%39.9%-11.8%-10.4%-10.2K831.8K-2.0K0.3955.44N/AN/A3911537681,456
2018-04-24$9.10$10.0032.9%9.4%43.9%26.4%30.4%6.8%8.9%-5.9K842.5K-2.6K0.5521.68N/AN/A2411339671,470
2018-04-25$8.67$10.0038.6%11.1%46.4%36.6%45.9%5.0%-7.1%-5.1K847.8K-2.5K2.2620.38N/AN/A2495629981,488
2018-04-26$8.24$10.0044.2%12.7%48.7%46.6%62.9%-8.0%-13.4%-9.3K942.5K-3.3K1.0621.80N/AN/A3293501,0021,906
2018-04-27$7.93$10.0047.0%13.5%49.7%51.6%48.3%25.4%-8.5%-12.7K1.1M-3.5K1.2623.54N/AN/A3053831,1122,152
2018-04-30$7.98$10.0048.0%13.8%47.2%53.4%47.8%13.4%-4.3%-13.7K1.1M-3.7K1.7130.01N/AN/A1682881,2032,267