DLNG Options History — July 2018

In July 2018, DLNG traded between $7.83 and $8.60. ATM implied volatility averaged 37.0%, placing in the 31.7% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 10.1% (HV 20d: 26.9%). 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 0.61.

Notable Days

  • 2018-07-24: Highest Volume — 924 contracts
  • 2018-07-11: Largest IV drop — 53.6% change
  • 2018-07-10: Highest IV Rank — 100.0%
  • 2018-07-05: Largest Expected Move — 27.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.11$7.83$8.60$8.23$8.10
Max Pain$7.74$7.50$10.00$10.00$7.50
ATM IV37.0%19.3%79.9%42.0%23.1%
Expected Move10.5%5.5%27.0%12.1%6.6%
HV 20d26.9%23.3%31.3%24.3%26.1%
HV 60d31.4%24.3%36.7%35.7%24.3%
IV Rank31.7%1.9%100.0%42.7%8.1%
IV Percentile54.0%1.2%100.0%81.3%7.1%
Term Structure-0.2%-107.2%82.0%-10.2%3.3%
VWIV40.0%18.1%180.0%47.6%23.0%
Skew 25d-10.7%-124.6%19.5%-4.2%-41.7%
Skew 10d-2.1%-111.7%65.2%-7.3%-75.6%
Call IV 25d48.4%23.9%177.6%44.2%93.3%
Put IV 25d37.7%23.9%53.0%40.0%51.6%
Bid-Ask Spread %59.8413.72145.9248.5351.76
Gamma HHI0.670.560.810.660.73
Net GEX-21.0K-34.4K-11.6K-22.1K-27.1K
Net DEX754.1K375.5K961.7K961.7K375.5K
Net VEX-3.6K-4.1K-3.0K-3.9K-3.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.421.150.440.47
Total Volume677.905486924486589
Total OI4,809.3333,1425,4185,3354,132

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$8.23$10.0042.0%12.1%24.3%42.7%47.6%-4.2%-10.2%-22.1K961.7K-3.9K0.4448.53N/AN/A3381482,3752,960
2018-07-03$8.10$10.0040.1%11.5%24.5%39.3%43.8%-6.5%82.0%-23.4K957.2K-4.0K0.5638.67N/AN/A3381892,3742,960
2018-07-05$8.34$7.5050.9%27.0%25.7%58.5%180.0%-124.6%-107.2%-13.5K857.9K-4.1K0.54145.92N/AN/A3281772,3732,940
2018-07-06$8.46$7.5039.3%12.1%26.0%37.9%42.8%0.5%23.8%-13.2K816.0K-3.8K0.68143.03N/AN/A3612472,3632,948
2018-07-09$8.53$7.5059.9%12.3%25.7%74.6%41.0%19.5%-5.1%-12.9K823.0K-4.1K0.7688.81N/AN/A3782872,3412,969
2018-07-10$8.60$7.5079.9%11.4%25.7%100.0%37.2%11.8%-16.7%-13.4K748.0K-4.1K0.49100.73N/AN/A4452172,3152,877
2018-07-11$8.22$7.5037.1%10.6%31.1%30.7%28.1%8.4%3.0%-18.8K844.9K-3.5K0.5246.98N/AN/A4212172,2502,880
2018-07-12$8.14$7.5037.4%10.7%31.3%31.2%37.3%11.4%-0.6%-20.2K881.4K-3.3K0.5268.13N/AN/A4592382,2622,938
2018-07-13$8.18$7.5034.8%10.0%30.7%27.0%30.8%5.3%2.6%-20.1K890.5K-3.4K0.5230.47N/AN/A4592372,2962,962
2018-07-16$8.09$7.5035.1%10.1%30.5%27.5%32.8%3.5%3.4%-22.3K918.1K-3.3K0.5324.36N/AN/A4372302,3192,961
2018-07-17$8.02$7.5039.7%11.4%30.5%35.0%39.7%9.1%-1.9%-24.0K928.5K-3.2K0.5427.09N/AN/A4372372,3192,971
2018-07-18$8.02$7.5036.1%10.3%30.3%29.1%36.0%6.4%1.9%-24.9K933.1K-3.3K0.6023.92N/AN/A4782852,3192,971
2018-07-19$8.02$7.5035.3%10.1%26.7%27.8%34.1%2.8%3.8%-11.6K918.2K-3.4K0.6028.53N/AN/A4432652,3543,054
2018-07-20$7.98$7.5032.5%9.3%26.7%23.3%32.5%2.8%3.6%-13.8K922.2K-3.2K0.6126.40N/AN/A4632812,3583,060
2018-07-23$7.88$7.5019.3%5.5%26.9%2.0%18.1%-32.9%14.1%-16.9K428.8K-3.0K1.1588.21N/AN/A4074671,4321,710
2018-07-24$7.83$7.5026.3%7.5%25.4%13.3%29.0%-9.5%-4.6%-25.9K572.7K-3.5K0.7913.72N/AN/A5154091,4352,114
2018-07-25$7.88$7.5035.2%10.1%24.6%27.7%35.2%1.5%-5.5%-25.7K528.8K-3.7K0.8985.33N/AN/A4283801,6202,264
2018-07-26$7.93$7.5034.8%10.0%24.4%27.0%34.8%1.3%-3.3%-25.9K509.3K-3.9K0.6949.37N/AN/A4753301,6332,366
2018-07-27$7.87$7.5019.4%5.6%24.2%2.1%18.2%-61.2%4.0%-30.1K481.0K-3.9K0.4294.43N/AN/A4281811,6722,416
2018-07-30$7.85$7.5019.3%5.5%23.3%1.9%18.6%-29.2%4.4%-34.4K540.0K-3.7K0.4732.35N/AN/A4001871,6972,436
2018-07-31$8.10$7.5023.1%6.6%26.1%8.1%23.0%-41.7%3.3%-27.1K375.5K-3.5K0.4751.76N/AN/A4001891,6842,448