DLNG Options History — January 2019

In January 2019, DLNG traded between $2.74 and $4.38. ATM implied volatility averaged 91.8%, placing in the 47.9% IV rank vs the trailing year. The 30-day expected move averaged 24.5%. IV traded above realized volatility by 1.6% (HV 20d: 90.1%). Max pain ranged from $2.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.96.

Notable Days

  • 2019-01-04: Highest Volume — 991 contracts
  • 2019-01-04: Largest IV spike — 88.3% change
  • 2019-01-02: Highest IV Rank — 91.1%
  • 2019-01-02: Largest Expected Move — 45.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.85$2.74$4.38$3.68$2.74
Max Pain$3.33$2.50$7.50$7.50$2.50
ATM IV91.8%67.6%157.3%157.3%73.7%
Expected Move24.5%13.7%45.1%45.1%21.3%
HV 20d90.1%63.5%137.1%84.7%129.5%
HV 60d83.8%76.4%103.2%76.4%102.6%
IV Rank47.9%31.9%91.1%91.1%35.9%
IV Percentile93.6%85.7%99.6%99.6%85.7%
Term Structure-10.9%-152.2%33.8%-152.2%4.7%
VWIV85.2%44.1%125.9%51.9%74.2%
Skew 25d13.9%-74.3%89.0%-74.3%22.2%
Skew 10d26.8%-74.3%67.4%-74.3%31.0%
Call IV 25d78.1%54.2%194.5%194.5%56.5%
Put IV 25d92.0%74.0%170.7%120.2%78.8%
Bid-Ask Spread %75.8526.03141.4797.7729.93
Gamma HHI0.670.400.860.490.43
Net GEX4.9K3089.2K2.0K393
Net DEX181.9K17.3K290.4K286.1K276.1K
Net VEX-2.9K-3.6K-1.6K-2.4K-1.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.960.022.940.051.69
Total Volume371.57112991227390
Total OI6,816.4295,6917,9496,2366,613

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$3.68$7.50157.3%45.1%84.7%91.1%0.0%-74.3%-152.2%2.0K286.1K-2.4K0.0597.77N/AN/A216114,2541,982
2019-01-03$3.90$2.5081.5%13.7%86.6%41.0%51.9%-24.5%29.0%2.9K255.7K-2.8K0.1054.81N/AN/A306314,4411,984
2019-01-04$4.17$2.50153.3%27.3%90.4%88.5%95.6%89.0%-8.0%3.8K167.0K-3.2K0.1439.71N/AN/A8721194,5831,989
2019-01-07$4.38$2.5085.4%18.7%90.9%43.6%80.2%35.5%1.4%7.3K85.5K-3.6K2.9475.93N/AN/A361065,1772,048
2019-01-08$4.21$2.50142.5%35.4%91.3%81.3%99.7%22.5%-39.1%7.4K95.2K-3.3K1.97141.47N/AN/A1362685,1962,050
2019-01-09$4.22$2.5072.0%20.7%82.6%34.8%87.9%22.7%-2.5%6.6K118.1K-3.6K2.0163.06N/AN/A1382785,2462,073
2019-01-10$4.06$2.5077.0%22.1%84.0%38.1%93.5%16.7%-7.4%5.7K163.4K-3.4K2.0564.26N/AN/A1292645,2512,083
2019-01-11$4.01$2.5074.8%21.4%83.9%36.6%88.3%13.1%-6.7%6.3K55.4K-3.4K0.9559.68N/AN/A2782645,2722,107
2019-01-14$4.00$2.5074.1%21.2%83.9%36.2%84.4%13.5%-1.4%6.7K214.2K-3.2K0.0263.07N/AN/A5415,5082,127
2019-01-15$4.19$2.5067.6%19.4%84.8%31.9%79.7%19.9%-3.4%7.8K177.5K-3.4K1.0091.49N/AN/A665,5532,127
2019-01-16$4.20$2.5075.7%21.7%76.2%37.2%125.9%21.8%-10.0%8.5K121.4K-3.6K0.11103.08N/AN/A7485,5522,132
2019-01-17$4.14$2.5077.3%22.2%72.2%38.3%82.5%10.8%-9.5%7.6K230.1K-3.5K0.04100.25N/AN/A507185,5182,132
2019-01-18$4.17$2.5089.3%25.6%71.9%46.2%90.8%13.8%-19.5%9.2K192.5K-3.6K0.0687.40N/AN/A301195,8072,142
2019-01-22$4.01$5.0080.2%23.0%71.2%40.2%93.2%4.3%-23.5%3.4K171.4K-2.9K1.0777.82N/AN/A14154,0061,685
2019-01-23$4.10$5.0098.7%28.3%71.1%52.4%95.1%16.4%-17.7%3.6K154.3K-3.0K1.2289.76N/AN/A54664,0181,695
2019-01-24$4.12$5.0091.3%26.2%67.4%47.5%44.1%15.4%33.8%8.5K17.3K-3.2K0.04100.05N/AN/A812364,0481,748
2019-01-25$4.02$5.0097.6%28.0%63.5%51.7%0.0%3.8%31.8%3.0K204.2K-2.9K0.1392.60N/AN/A357464,2201,758
2019-01-28$2.88$5.0097.7%28.0%137.1%51.7%97.8%1.4%-10.0%1.0K276.0K-1.6K1.9867.11N/AN/A1923814,1691,783
2019-01-29$2.80$2.5082.0%23.5%134.9%41.4%76.0%24.0%-18.6%424268.8K-1.8K0.9767.44N/AN/A4053944,3112,135
2019-01-30$2.76$2.5078.6%22.5%134.9%39.2%77.4%23.7%0.3%308290.4K-1.7K1.6426.03N/AN/A741214,4462,176
2019-01-31$2.74$2.5073.7%21.3%129.5%35.9%74.2%22.2%4.7%393276.1K-1.8K1.6929.93N/AN/A1452454,4402,173