DLNG Options History — May 2018

In May 2018, DLNG traded between $7.70 and $8.15. ATM implied volatility averaged 41.7%, placing in the 42.2% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 0.8% (HV 20d: 40.9%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 1.17.

Notable Days

  • 2018-05-04: Highest Volume — 638 contracts
  • 2018-05-25: Largest IV spike — 57.7% change
  • 2018-05-09: Highest IV Rank — 64.3%
  • 2018-05-09: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.99$7.70$8.15$7.70$7.71
Max Pain$7.73$7.50$10.00$10.00$7.50
ATM IV41.7%23.8%54.1%48.0%25.4%
Expected Move11.7%6.8%15.5%13.8%7.3%
HV 20d40.9%25.4%49.9%43.6%25.4%
HV 60d36.0%35.0%36.6%35.0%35.9%
IV Rank42.2%10.1%64.3%53.5%13.1%
IV Percentile73.7%8.7%96.8%93.7%14.3%
Term Structure1.0%-9.3%12.9%-2.7%11.9%
VWIV40.6%24.3%54.5%48.7%24.3%
Skew 25d6.6%-40.5%39.9%39.9%-39.6%
Skew 10d31.2%-46.1%83.0%83.0%19.0%
Call IV 25d38.5%28.3%78.6%44.1%77.9%
Put IV 25d45.1%24.3%84.0%84.0%38.4%
Bid-Ask Spread %49.8916.6191.3422.6952.37
Gamma HHI0.820.680.940.900.78
Net GEX-14.0K-19.3K-11.1K-15.6K-19.3K
Net DEX896.6K759.7K1.1M1.1M1.0M
Net VEX-4.2K-4.6K-3.7K-3.9K-3.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.521.931.070.75
Total Volume501.909292638410559
Total OI4,290.2273,7144,6343,7144,610

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-05-01$7.70$10.0048.0%13.8%43.6%53.5%48.7%39.9%-2.7%-15.6K1.1M-3.9K1.0722.69N/AN/A1982121,2782,436
2018-05-02$8.00$10.0052.8%15.2%47.8%62.0%54.5%15.1%-5.1%-14.8K1.0M-4.4K0.6719.03N/AN/A3652441,3552,499
2018-05-03$7.80$7.5046.6%13.3%46.4%50.8%45.1%10.0%-4.4%-14.8K1.1M-4.3K0.7236.70N/AN/A3552541,5332,538
2018-05-04$8.04$7.5048.3%13.0%49.2%53.9%43.5%13.4%-4.2%-13.1K962.1K-4.6K1.6355.69N/AN/A2433951,6152,527
2018-05-07$8.04$7.5052.0%13.1%49.3%60.5%45.8%17.4%-2.6%-13.0K857.7K-4.5K1.5152.31N/AN/A2383591,6182,409
2018-05-08$8.12$7.5050.7%12.4%49.9%58.3%44.0%21.7%5.8%-12.4K835.8K-4.6K1.9366.25N/AN/A1873611,6162,397
2018-05-09$8.07$7.5054.1%15.5%47.5%64.3%51.6%9.2%-9.3%-11.7K807.9K-4.5K1.7290.06N/AN/A1893261,6812,401
2018-05-10$8.12$7.5045.3%13.0%48.0%48.5%45.2%16.0%-0.2%-11.2K771.6K-4.6K1.6722.92N/AN/A1923211,7492,411
2018-05-11$8.15$7.5042.0%12.0%48.4%42.7%42.0%13.9%2.1%-11.1K759.7K-4.6K1.7422.60N/AN/A1843211,7502,416
2018-05-14$8.14$7.5047.9%13.7%47.7%53.3%47.9%19.5%-3.9%-12.1K770.3K-4.4K1.5440.20N/AN/A1922961,7512,416
2018-05-15$7.96$7.5052.2%15.0%47.4%60.9%48.1%21.1%-8.2%-13.3K856.4K-4.1K1.6891.34N/AN/A2303861,7732,538
2018-05-16$8.10$7.5038.7%11.1%40.3%36.7%38.0%3.5%6.2%-15.9K815.3K-4.3K0.7179.32N/AN/A2812001,8622,574
2018-05-17$8.05$7.5040.6%11.6%39.9%40.2%40.8%9.6%2.6%-16.2K866.4K-4.3K0.7060.34N/AN/A2721912,0102,624
2018-05-18$8.01$7.5032.5%9.3%40.0%25.6%29.6%-4.0%5.0%-14.6K867.8K-4.2K0.5238.35N/AN/A4212172,0032,616
2018-05-21$8.06$7.5035.9%10.3%39.9%31.7%37.5%-8.1%-7.1%-12.4K851.6K-4.0K0.9584.99N/AN/A2492371,9822,441
2018-05-22$8.10$7.5040.8%11.7%38.5%40.5%40.3%10.9%2.7%-11.8K796.6K-4.3K0.9061.78N/AN/A2592331,9892,444
2018-05-23$8.09$7.5039.9%11.4%35.1%38.8%39.4%7.2%3.0%-11.8K809.2K-4.2K1.3383.02N/AN/A1752331,9912,445
2018-05-24$8.07$7.5025.0%7.2%30.3%12.4%25.7%-5.3%12.9%-13.4K842.5K-4.1K1.3216.61N/AN/A1792372,0112,445
2018-05-25$7.87$7.5039.5%11.3%28.4%38.1%39.5%17.0%0.3%-15.9K978.1K-4.0K1.0721.87N/AN/A1791922,0042,505
2018-05-29$7.72$7.5035.8%10.3%29.1%31.7%35.7%-3.1%6.0%-17.6K1.0M-3.8K0.5760.06N/AN/A2471412,0042,507
2018-05-30$7.91$7.5023.8%6.8%27.5%10.1%26.8%-40.5%10.2%-17.0K972.3K-3.9K0.9219.15N/AN/A1521402,0972,514
2018-05-31$7.71$7.5025.4%7.3%25.4%13.1%24.3%-39.6%11.9%-19.3K1.0M-3.7K0.7552.37N/AN/A3192402,0962,514