DLNG Options History — June 2018

In June 2018, DLNG traded between $7.90 and $8.41. ATM implied volatility averaged 38.3%, placing in the 36.1% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 12.9% (HV 20d: 25.4%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.83.

Notable Days

  • 2018-06-21: Highest Volume — 851 contracts
  • 2018-06-26: Largest IV spike — 54.1% change
  • 2018-06-12: Highest IV Rank — 69.4%
  • 2018-06-28: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.09$7.90$8.41$7.92$8.20
Max Pain$9.88$7.50$10.00$7.50$10.00
ATM IV38.3%27.6%57.0%27.6%44.4%
Expected Move11.1%7.9%15.4%7.9%12.7%
HV 20d25.4%23.4%28.1%25.8%24.5%
HV 60d36.4%35.7%37.4%36.5%35.7%
IV Rank36.1%17.0%69.4%17.0%47.0%
IV Percentile64.1%23.4%98.4%23.4%83.3%
Term Structure4.6%-32.2%98.4%8.2%-16.4%
VWIV41.7%26.7%53.0%26.7%51.8%
Skew 25d3.1%-34.5%27.4%-34.5%-11.7%
Skew 10d15.4%-35.1%52.1%-35.1%-10.1%
Call IV 25d36.0%25.8%83.4%83.4%47.5%
Put IV 25d39.1%29.6%53.8%48.8%35.8%
Bid-Ask Spread %54.5620.06130.4621.3143.29
Gamma HHI0.720.600.810.810.69
Net GEX-18.6K-24.4K-13.1K-19.8K-24.0K
Net DEX963.4K865.2K1.0M979.7K1.0M
Net VEX-3.8K-4.2K-3.3K-3.8K-4.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.362.730.830.39
Total Volume573.381390851530525
Total OI4,861.9524,1695,3354,6265,327

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$7.92$7.5027.6%7.9%25.8%17.0%26.7%-34.5%8.2%-19.8K979.7K-3.8K0.8321.31N/AN/A2902402,0092,617
2018-06-04$8.00$10.0031.8%11.2%23.6%24.5%51.6%12.5%1.8%-17.3K913.9K-3.8K0.8492.39N/AN/A2892432,0382,617
2018-06-05$8.12$10.0032.7%11.3%24.2%26.0%49.4%13.7%1.6%-14.5K865.2K-3.8K1.0321.51N/AN/A2412482,0392,622
2018-06-06$7.98$10.0029.6%10.0%24.7%20.6%38.8%8.9%3.8%-17.1K953.1K-3.7K1.1523.76N/AN/A2162482,0702,612
2018-06-07$7.96$10.0028.7%8.6%24.7%19.0%35.2%27.4%9.0%-17.3K965.4K-3.5K1.2330.58N/AN/A2563142,0842,618
2018-06-08$7.90$10.0029.4%11.2%24.6%20.1%41.1%9.1%-2.9%-20.4K992.5K-3.8K1.2881.93N/AN/A2453142,1342,698
2018-06-11$7.91$10.0037.9%10.4%24.6%35.4%47.3%11.0%1.2%-18.8K956.0K-3.7K1.2935.66N/AN/A2453172,1342,698
2018-06-12$7.95$10.0057.0%10.0%24.7%69.4%40.3%9.0%1.2%-21.5K1.0M-3.6K0.6824.10N/AN/A3422322,1342,712
2018-06-13$7.92$10.0034.8%10.0%23.4%29.8%38.6%7.5%2.2%-21.5K1.0M-3.7K0.5220.06N/AN/A3581872,1342,719
2018-06-14$8.07$10.0039.7%11.4%23.6%38.6%39.8%11.0%-5.6%-17.0K1.0M-3.6K0.4222.95N/AN/A3681562,1342,694
2018-06-15$7.95$10.0039.3%11.3%24.1%37.9%50.4%9.8%-4.8%-13.6K984.9K-3.5K0.6329.21N/AN/A2471562,1342,700
2018-06-18$8.01$10.0035.5%10.2%24.2%31.0%36.0%5.5%68.9%-13.1K974.6K-3.4K1.0271.92N/AN/A1931971,7622,407
2018-06-19$8.10$10.0039.7%11.4%24.4%38.5%31.2%-6.0%98.4%-15.1K962.0K-3.3K2.73103.94N/AN/A2115771,7642,458
2018-06-20$8.41$10.0037.8%10.8%27.7%35.1%42.1%-12.7%-10.5%-24.4K975.2K-3.6K0.7993.15N/AN/A3242551,7842,877
2018-06-21$8.35$10.0039.3%11.3%27.9%37.8%38.3%2.9%-2.0%-20.1K946.8K-3.9K0.47130.46N/AN/A5782731,9892,877
2018-06-22$8.37$10.0034.1%9.8%27.9%28.6%33.8%3.7%3.4%-16.6K884.1K-4.1K0.4252.78N/AN/A5052102,2962,922
2018-06-25$8.15$10.0032.9%9.4%28.1%26.4%33.1%4.9%10.4%-21.9K1.0M-4.2K0.3634.22N/AN/A5051832,3582,938
2018-06-26$8.29$10.0050.7%14.5%27.4%58.3%50.5%8.8%-21.6%-15.9K879.9K-4.2K0.4694.45N/AN/A4021832,3732,950
2018-06-27$8.17$10.0047.4%13.6%27.0%52.4%46.8%-6.9%-17.8%-19.8K975.1K-4.1K0.4561.63N/AN/A4171872,3832,950
2018-06-28$8.07$10.0053.9%15.4%25.6%63.9%53.0%-8.4%-32.2%-21.0K945.1K-3.8K0.5056.38N/AN/A3771872,3832,952
2018-06-29$8.20$10.0044.4%12.7%24.5%47.0%51.8%-11.7%-16.4%-24.0K1.0M-4.0K0.3943.29N/AN/A3771482,3752,952