DLNG Options History — November 2018

In November 2018, DLNG traded between $4.09 and $8.40. ATM implied volatility averaged 57.8%, placing in the 63.5% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 2.4% (HV 20d: 55.4%). Max pain ranged from $2.50 to $10.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.64.

Notable Days

  • 2018-11-29: Highest Volume — 1,092 contracts
  • 2018-11-12: Largest IV spike — 89.7% change
  • 2018-11-29: Highest IV Rank — 100.0%
  • 2018-11-29: Largest Expected Move — 23.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.66$4.09$8.40$8.40$4.59
Max Pain$7.02$2.50$10.00$10.00$2.50
ATM IV57.8%36.0%80.8%51.8%75.7%
Expected Move14.4%8.0%23.2%14.8%21.7%
HV 20d55.4%28.1%92.5%41.4%90.4%
HV 60d40.8%29.0%62.3%29.1%62.3%
IV Rank63.5%27.7%100.0%53.6%91.7%
IV Percentile85.4%48.4%100.0%89.7%98.0%
Term Structure-7.2%-47.5%9.9%-44.6%-8.2%
VWIV53.2%32.0%81.7%67.0%77.2%
Skew 25d10.4%-16.3%46.5%-15.5%46.5%
Skew 10d26.9%-21.3%106.1%-20.2%66.7%
Call IV 25d46.5%21.0%77.0%55.4%73.3%
Put IV 25d56.9%28.8%119.8%39.8%119.8%
Bid-Ask Spread %60.3618.58122.83105.3785.15
Gamma HHI0.540.300.750.530.57
Net GEX1.3K-3.5K6.1K6.1K3.0K
Net DEX277.9K53.9K518.6K78.2K293.9K
Net VEX-2.0K-3.0K-696-2.9K-2.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.192.080.570.37
Total Volume578.1431991,092318766
Total OI3,151.4292,4505,3822,5055,382

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$8.40$10.0051.8%14.8%41.4%53.6%67.0%-15.5%-44.6%6.1K78.2K-2.9K0.57105.37N/AN/A2031151,570935
2018-11-02$8.34$10.0060.2%17.2%41.2%67.5%71.9%-6.9%-47.5%5.3K87.8K-2.8K0.2975.63N/AN/A325951,570935
2018-11-05$8.26$7.5079.7%14.2%41.2%99.7%41.2%-3.9%-6.7%6.1K53.9K-3.0K0.33122.83N/AN/A3251061,605935
2018-11-06$8.15$7.5040.5%9.1%41.4%35.0%37.0%15.4%7.7%3.3K125.5K-2.6K0.5075.04N/AN/A3251631,605895
2018-11-07$8.27$7.5067.3%8.2%38.8%79.3%32.9%11.8%9.9%5.2K89.9K-2.5K0.6854.13N/AN/A2401631,605845
2018-11-08$8.20$7.5064.6%8.0%35.9%74.8%32.0%11.3%7.2%3.9K131.8K-2.3K0.6858.02N/AN/A2401631,605845
2018-11-09$8.15$7.5037.1%10.5%35.7%29.5%36.9%11.5%0.6%4.2K112.4K-2.5K0.6954.83N/AN/A1501041,605846
2018-11-12$8.00$7.5070.5%11.2%34.3%84.5%39.0%11.5%-2.1%3.1K137.1K-2.4K0.7430.64N/AN/A1411041,645846
2018-11-13$7.80$7.5044.3%9.8%32.5%41.3%34.2%4.5%-0.3%-979234.4K-2.0K0.4746.74N/AN/A160761,645846
2018-11-14$7.70$7.5036.3%10.4%32.4%28.1%36.3%8.2%3.0%-876252.9K-2.0K0.2322.56N/AN/A311731,665861
2018-11-15$7.78$7.5036.0%10.3%28.1%27.7%36.1%34.5%0.5%2.7K162.3K-2.3K0.4167.12N/AN/A141581,824871
2018-11-16$6.78$7.5044.1%12.6%55.0%40.9%40.7%-8.7%-3.5%-2.4K421.4K-1.1K0.3899.74N/AN/A3811441,861876
2018-11-19$6.07$7.5050.1%14.4%65.4%50.9%55.3%-16.3%-4.0%-809434.3K-6960.2150.31N/AN/A437921,862862
2018-11-20$5.32$7.5059.1%17.0%77.0%65.8%66.6%22.4%-5.8%173364.6K-8061.6748.26N/AN/A4026732,063888
2018-11-21$5.15$7.5056.8%16.3%77.1%61.9%63.1%17.4%-2.0%-2.9K493.1K-1.7K1.6629.55N/AN/A4046712,2611,480
2018-11-23$5.00$7.5059.0%16.9%74.9%65.4%59.4%36.4%-3.8%-3.5K513.1K-1.5K2.0886.40N/AN/A3246732,2631,481
2018-11-26$4.70$5.0064.8%18.6%75.9%75.1%65.1%13.6%-8.0%-2.1K501.5K-1.3K0.6031.64N/AN/A3522102,3821,481
2018-11-27$4.42$5.0069.8%20.0%76.8%83.3%70.0%6.8%-11.0%-2.3K518.6K-1.4K0.3818.58N/AN/A5442082,4141,579
2018-11-28$4.09$5.0065.9%18.9%76.1%76.9%73.8%-7.7%-14.6%-600446.3K-1.6K0.3125.63N/AN/A7552322,6631,749
2018-11-29$4.60$5.0080.8%23.2%92.5%100.0%81.7%26.6%-17.8%1.1K382.7K-2.4K0.1979.47N/AN/A9161763,1351,894
2018-11-30$4.59$2.5075.7%21.7%90.4%91.7%77.2%46.5%-8.2%3.0K293.9K-2.6K0.3785.15N/AN/A5602063,4721,910