DLNG Options History — April 2019

In April 2019, DLNG traded between $2.19 and $2.40. ATM implied volatility averaged 66.9%, placing in the 31.5% IV rank vs the trailing year. The 30-day expected move averaged 18.5%. IV traded above realized volatility by 13.8% (HV 20d: 53.1%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.44.

Notable Days

  • 2019-04-12: Highest Volume — 158 contracts
  • 2019-04-10: Largest IV drop — 28.9% change
  • 2019-04-25: Highest IV Rank — 42.2%
  • 2019-04-25: Largest Expected Move — 23.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.32$2.19$2.40$2.25$2.38
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV66.9%53.2%83.2%54.5%82.0%
Expected Move18.5%15.2%23.8%18.4%23.5%
HV 20d53.1%38.4%60.2%59.5%40.6%
HV 60d70.5%42.4%81.2%81.2%43.4%
IV Rank31.5%22.4%42.2%23.3%41.4%
IV Percentile76.2%57.9%92.5%61.9%91.3%
Term Structure-4.4%-26.6%29.7%29.7%-23.3%
VWIV67.1%49.4%84.8%64.1%82.8%
Skew 25d-1.5%-8.6%2.3%2.3%-0.4%
Skew 10d-2.7%-15.4%5.0%5.0%-0.7%
Call IV 25d60.6%53.9%68.1%53.9%64.1%
Put IV 25d59.1%55.1%63.7%56.2%63.7%
Bid-Ask Spread %74.9726.27101.2773.9449.23
Gamma HHI0.570.500.830.500.62
Net GEX72-77787339873
Net DEX338.4K243.2K417.3K372.3K243.2K
Net VEX-1.5K-1.7K-1.2K-1.5K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.002.310.000.00
Total Volume79.2862158248
Total OI7,297.3335,3438,2938,1465,538

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$2.25$2.5054.5%18.4%59.5%23.3%64.1%2.3%29.7%39372.3K-1.5K0.0073.94N/AN/A205,2932,853
2019-04-02$2.27$2.5056.3%16.7%59.5%24.4%58.8%2.3%25.1%143357.8K-1.6K0.0071.22N/AN/A2105,3032,853
2019-04-03$2.36$2.5063.9%15.5%59.9%29.5%53.9%-2.2%5.0%187340.0K-1.7K0.0076.76N/AN/A2405,3032,853
2019-04-04$2.34$2.5063.7%15.6%59.5%29.3%54.5%1.0%4.9%122346.7K-1.6K2.3196.39N/AN/A26605,3042,853
2019-04-05$2.40$2.5068.6%17.4%60.2%32.5%60.7%-0.4%-5.6%-148345.6K-1.7K1.6784.86N/AN/A36605,3042,900
2019-04-08$2.40$2.5078.1%18.0%60.0%38.8%0.0%-3.7%-7.1%-151342.2K-1.7K0.0085.28N/AN/A1705,2982,900
2019-04-09$2.39$2.5082.6%18.3%59.3%41.8%0.0%-0.4%-7.6%-132349.8K-1.7K0.0085.52N/AN/A1505,2932,900
2019-04-10$2.40$2.5058.7%16.8%59.2%26.0%0.0%-0.4%-1.7%-123343.5K-1.6K1.23101.27N/AN/A65805,2982,900
2019-04-11$2.40$2.5053.2%15.2%59.1%22.4%0.0%-0.4%3.6%-671359.0K-1.6K1.2391.91N/AN/A65805,3082,980
2019-04-12$2.39$2.5060.5%17.3%58.9%27.2%0.0%-8.6%-0.9%-777380.4K-1.6K1.1179.02N/AN/A75835,3082,980
2019-04-15$2.34$2.5063.4%18.2%59.2%29.1%63.5%1.1%-0.6%-477390.7K-1.6K0.1874.29N/AN/A55105,3102,983
2019-04-16$2.27$2.5070.6%20.2%60.0%33.8%71.4%-2.3%-14.9%8408.3K-1.4K0.2993.90N/AN/A55165,3642,833
2019-04-17$2.22$2.5071.3%20.4%58.7%34.3%72.7%-1.3%-11.4%114406.8K-1.4K0.3494.21N/AN/A105365,3642,833
2019-04-18$2.19$2.5061.3%17.6%55.8%27.7%67.2%-1.3%-10.3%-25417.3K-1.2K0.8575.89N/AN/A74635,3392,833
2019-04-22$2.35$2.5064.5%18.5%41.5%29.8%65.0%-7.7%-8.1%-49280.2K-1.4K0.0177.48N/AN/A15113,0942,249
2019-04-23$2.30$2.5061.7%17.7%42.0%28.0%70.3%-2.2%-11.0%360282.3K-1.3K0.0174.19N/AN/A8113,2092,250
2019-04-24$2.28$2.5074.5%21.4%42.1%36.5%75.4%-2.4%-17.6%656262.5K-1.4K0.0165.01N/AN/A6813,2452,250
2019-04-25$2.22$2.5083.2%23.8%43.1%42.2%84.8%-2.6%-26.6%493294.2K-1.2K0.0169.28N/AN/A6813,2722,250
2019-04-26$2.25$2.5065.7%18.8%39.5%30.6%78.3%0.5%-19.5%498300.7K-1.2K0.0128.45N/AN/A9913,2722,250
2019-04-29$2.29$2.5067.7%19.4%38.4%32.0%49.4%-2.3%4.7%571282.5K-1.3K0.0026.27N/AN/A2203,2722,250
2019-04-30$2.38$2.5082.0%23.5%40.6%41.4%82.8%-0.4%-23.3%873243.2K-1.4K0.0049.23N/AN/A4803,2882,250