DLNG Options History — May 2019

In May 2019, DLNG traded between $1.53 and $2.36. ATM implied volatility averaged 69.7%, placing in the 33.3% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded above realized volatility by 11.0% (HV 20d: 58.7%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.79.

Notable Days

  • 2019-05-24: Highest Volume — 1,009 contracts
  • 2019-05-24: Largest IV spike — 98.5% change
  • 2019-05-14: Highest IV Rank — 84.1%
  • 2019-05-28: Largest Expected Move — 30.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.08$1.53$2.36$2.36$1.59
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV69.7%38.4%146.7%38.4%82.8%
Expected Move17.6%11.0%30.5%11.0%23.7%
HV 20d58.7%40.2%112.1%40.8%112.1%
HV 60d51.8%43.2%76.7%43.5%76.7%
IV Rank33.3%12.6%84.1%12.6%41.9%
IV Percentile66.9%29.0%98.8%29.0%90.1%
Term Structure-5.7%-26.9%24.6%24.6%-26.9%
VWIV60.9%35.3%144.7%50.1%144.7%
Skew 25d-0.2%-23.3%107.0%-9.0%16.7%
Skew 10d-12.7%-61.1%59.6%-16.6%16.7%
Call IV 25d54.7%32.1%71.0%60.8%48.2%
Put IV 25d54.6%24.9%148.5%51.7%64.9%
Bid-Ask Spread %69.1625.49112.9526.01112.95
Gamma HHI0.690.500.970.540.85
Net GEX1.3K-4102.7K1.1K1.6K
Net DEX291.0K240.2K353.8K268.7K300.3K
Net VEX-968-1.4K-407-1.4K-650
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.005.340.005.34
Total Volume228.45501,009242482
Total OI5,833.2275,4906,5185,5796,518

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$2.36$2.5038.4%11.0%40.8%12.6%0.0%-9.0%24.6%1.1K268.7K-1.4K0.0026.01N/AN/A24203,3292,250
2019-05-02$2.27$2.5045.9%13.2%40.8%17.6%50.1%0.3%1.1%2.3K260.3K-1.3K0.0532.69N/AN/A221103,5622,250
2019-05-03$2.33$2.5057.0%16.3%41.9%24.9%59.5%-7.7%-13.4%2.7K242.5K-1.3K0.5982.67N/AN/A17103,5632,218
2019-05-06$2.31$2.5055.6%16.8%40.8%24.0%0.0%-9.1%-5.0%2.6K240.2K-1.3K0.0081.70N/AN/A103,5642,196
2019-05-07$2.26$2.5055.3%16.1%41.4%23.8%57.0%-4.9%-6.6%1.9K280.7K-1.2K0.75100.53N/AN/A433,5642,196
2019-05-08$2.28$2.5059.9%15.6%41.6%26.8%54.7%-3.9%5.0%2.5K248.5K-1.3K0.7575.40N/AN/A433,5642,199
2019-05-09$2.23$2.5080.5%18.2%42.1%40.4%64.3%-10.9%-11.0%1.7K276.6K-1.2K0.3854.19N/AN/A833,5632,199
2019-05-10$2.26$2.5077.3%15.8%42.6%38.3%55.8%-10.7%4.8%2.2K245.8K-1.3K0.0050.81N/AN/A5703,5642,199
2019-05-13$2.26$2.5099.2%14.8%42.6%52.7%0.0%-11.0%5.4%75281.5K-1.1K0.0026.48N/AN/A003,5642,199
2019-05-14$2.22$2.50146.7%14.1%42.4%84.1%42.5%-8.5%-0.5%46295.9K-1.1K0.0896.67N/AN/A11293,6052,199
2019-05-15$2.24$2.5049.8%14.3%41.3%20.1%56.8%-1.7%-15.2%-410327.5K-1.0K0.0025.49N/AN/A6003,6302,199
2019-05-16$2.24$2.5055.0%15.8%40.5%23.6%63.6%-23.3%-7.5%23275.1K-1.1K0.1152.91N/AN/A92103,6532,199
2019-05-17$2.23$2.5038.7%11.1%40.2%12.8%35.3%-17.9%7.5%46351.6K-8710.1629.94N/AN/A62103,7252,189
2019-05-20$1.96$2.5044.6%12.8%54.3%16.7%46.7%-20.7%23.4%349280.2K-9350.0992.29N/AN/A283263,3212,169
2019-05-21$1.96$2.5052.0%14.9%54.2%21.6%60.7%1.1%-10.1%1.2K353.8K-5210.1135.01N/AN/A269293,3472,145
2019-05-22$1.99$2.5093.3%26.8%54.8%48.9%144.7%7.3%-9.9%1.4K331.0K-6680.09108.56N/AN/A319293,3802,145
2019-05-23$1.87$2.5050.6%14.5%57.9%20.7%0.0%107.0%-12.8%475281.7K-7640.0996.63N/AN/A319293,4632,145
2019-05-24$1.53$2.50100.5%28.8%88.7%53.6%0.0%0.0%-20.9%982275.3K-4070.17104.20N/AN/A8651443,4632,145
2019-05-28$1.81$2.50106.3%30.5%110.4%57.4%0.0%0.0%-17.5%2.0K324.7K-6300.02100.46N/AN/A26653,8832,223
2019-05-29$1.82$2.5073.3%21.0%109.1%35.7%0.0%3.7%-18.1%2.1K332.2K-5964.5135.44N/AN/A904064,1062,228
2019-05-30$1.72$2.5070.0%20.1%110.1%33.5%0.0%16.7%-21.9%1.9K326.8K-6563.36100.49N/AN/A1214064,1282,380
2019-05-31$1.59$2.5082.8%23.7%112.1%41.9%0.0%0.0%-26.9%1.6K300.3K-6505.34112.95N/AN/A764064,1382,380