DLNG Options History — September 2018

In September 2018, DLNG traded between $8.45 and $9.01. ATM implied volatility averaged 37.3%, placing in the 31.1% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 21.4% (HV 20d: 15.9%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.77.

Notable Days

  • 2018-09-10: Highest Volume — 919 contracts
  • 2018-09-21: Largest IV spike — 62.4% change
  • 2018-09-25: Highest IV Rank — 48.8%
  • 2018-09-25: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.76$8.45$9.01$8.98$8.80
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV37.3%23.2%48.3%27.4%45.5%
Expected Move10.4%6.0%13.8%7.8%13.0%
HV 20d15.9%13.4%22.1%14.9%22.1%
HV 60d27.8%26.9%28.4%28.3%27.5%
IV Rank31.1%8.2%48.8%15.0%44.3%
IV Percentile58.2%8.3%88.1%21.8%81.7%
Term Structure0.3%-46.1%71.9%7.8%-8.4%
VWIV40.4%20.9%68.7%33.8%47.4%
Skew 25d0.4%-15.2%17.9%-6.1%17.9%
Skew 10d9.4%-8.0%38.9%-8.0%20.5%
Call IV 25d31.2%23.7%37.8%31.4%31.2%
Put IV 25d31.6%18.7%49.1%25.3%49.1%
Bid-Ask Spread %47.9519.3696.3519.3636.05
Gamma HHI0.530.500.630.630.51
Net GEX6.7K-15.0K25.8K25.8K6.7K
Net DEX93.0K-138.1K273.4K-56.5K174.7K
Net VEX-3.1K-4.7K-2.2K-3.1K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.271.551.090.90
Total Volume572.632353919834729
Total OI4,763.1054,2594,9294,7924,585

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-09-04$8.98$10.0027.4%7.8%14.9%15.0%33.8%-6.1%7.8%25.8K-56.5K-3.1K1.0919.36N/AN/A3994352,5262,266
2018-09-05$8.99$10.0033.5%9.6%13.5%24.9%31.7%-0.7%1.8%17.4K-46.2K-4.2K1.0970.15N/AN/A3994352,5262,266
2018-09-06$8.94$10.0043.5%12.8%13.5%41.1%40.0%5.2%-12.3%15.0K-60.3K-4.7K0.9943.89N/AN/A4394352,5262,256
2018-09-07$8.92$10.0040.3%8.1%13.4%35.8%40.3%4.2%-22.1%20.0K-138.1K-3.9K0.9930.00N/AN/A4394352,5762,256
2018-09-10$8.80$10.0033.6%13.7%14.1%25.0%37.8%5.2%-20.8%13.1K31.6K-3.2K0.9027.32N/AN/A4844352,5762,256
2018-09-11$8.89$10.0041.9%6.0%14.1%38.4%39.7%12.9%1.5%1.3K238.4K-2.5K1.5524.53N/AN/A2804352,5762,266
2018-09-12$9.01$10.0037.1%10.6%14.9%30.7%58.8%17.1%8.2%18.5K-33.9K-3.6K0.6593.51N/AN/A2401562,6262,266
2018-09-13$8.95$10.0031.4%9.0%14.9%21.5%49.1%0.0%5.8%17.5K-5.7K-3.2K0.7244.01N/AN/A2181562,6262,266
2018-09-14$8.95$10.0040.4%11.6%13.4%36.1%37.4%3.6%-13.5%14.3K-32.6K-3.5K0.8038.17N/AN/A2061652,6262,266
2018-09-17$8.83$10.0023.2%6.6%14.1%8.2%29.3%-3.2%-5.2%14.3K28.8K-2.3K0.8032.93N/AN/A2061652,6312,266
2018-09-18$8.71$10.0029.8%8.5%13.9%18.9%23.5%-2.8%-0.1%-1698.0K-2.5K0.8021.91N/AN/A2061652,6192,266
2018-09-19$8.70$10.0030.5%8.7%13.9%20.0%23.7%-3.3%3.9%2.1K112.0K-2.3K0.8052.44N/AN/A2061652,6192,276
2018-09-20$8.45$10.0027.1%7.8%16.7%14.5%20.9%-6.4%-2.5%-15.0K222.5K-2.2K0.7053.54N/AN/A2081452,6192,276
2018-09-21$8.63$10.0044.0%12.6%18.5%41.9%37.9%-15.2%-46.1%-2.4K247.5K-2.8K0.5023.74N/AN/A2861432,6442,285
2018-09-24$8.45$10.0045.6%13.1%19.8%44.5%34.7%-11.7%69.3%-5.3K238.1K-3.1K0.2766.73N/AN/A3981072,4221,837
2018-09-25$8.46$10.0048.3%13.8%19.2%48.8%54.7%10.3%71.9%-7.0K273.4K-3.2K0.3196.35N/AN/A3841202,6071,919
2018-09-26$8.51$10.0043.1%12.4%18.7%40.4%58.0%-8.5%-8.4%-4.5K224.6K-3.2K0.3195.60N/AN/A3841202,6261,919
2018-09-27$8.54$10.0042.8%12.3%18.8%39.9%68.7%-12.0%-24.8%-4.2K250.8K-2.9K0.4440.79N/AN/A3841682,6161,919
2018-09-28$8.80$10.0045.5%13.0%22.1%44.3%47.4%17.9%-8.4%6.7K174.7K-2.9K0.9036.05N/AN/A3843452,6161,969