DLNG Options History — July 2019

In July 2019, DLNG traded between $1.40 and $1.54. ATM implied volatility averaged 125.4%, placing in the 70.0% IV rank vs the trailing year. The 30-day expected move averaged 34.8%. IV traded above realized volatility by 76.4% (HV 20d: 49.0%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.12.

Notable Days

  • 2019-07-19: Highest Volume — 46 contracts
  • 2019-07-16: Largest IV spike — 44.9% change
  • 2019-07-25: Highest IV Rank — 84.4%
  • 2019-07-25: Largest Expected Move — 42.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.46$1.40$1.54$1.47$1.40
Max Pain$2.84$2.50$5.00$5.00$2.50
ATM IV125.4%92.4%147.2%132.4%121.0%
Expected Move34.8%26.5%42.2%37.9%34.7%
HV 20d49.0%39.6%94.6%94.6%50.8%
HV 60d89.9%88.8%91.1%89.1%90.5%
IV Rank70.0%48.2%84.4%74.6%66.6%
IV Percentile93.8%82.9%98.8%98.0%90.9%
Term Structure-32.8%-60.7%19.0%19.0%-35.6%
Bid-Ask Spread %38.356.2888.3677.1988.36
Gamma HHI0.970.661.001.000.98
Net GEX12101.1K1241
Net DEX216.9K51.8K354.2K344.4K56.4K
Net VEX-110-5660-93-57
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.120.001.110.000.00
Total Volume14.13604604
Total OI5,0132,9266,4146,3832,956

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$1.47$5.00132.4%37.9%94.6%74.6%0.0%0.0%19.0%12344.4K-930.0077.19N/AN/A003,9642,419
2019-07-02$1.46$5.00135.3%38.8%75.4%76.6%0.0%0.0%-24.2%11342.6K-930.009.55N/AN/A003,9642,419
2019-07-03$1.46$5.00126.9%36.4%75.5%71.0%0.0%0.0%-26.3%1.1K276.6K-5660.006.28N/AN/A003,9642,419
2019-07-05$1.42$2.50129.4%27.0%41.8%72.7%0.0%0.0%-23.9%10331.8K-980.0011.77N/AN/A103,9642,419
2019-07-08$1.51$2.50131.3%37.3%48.2%73.9%0.0%0.0%-33.7%13354.2K-940.0031.11N/AN/A1003,9652,419
2019-07-09$1.46$2.50144.6%27.0%48.6%82.7%0.0%0.0%-36.4%12343.7K-820.0013.99N/AN/A1003,9752,419
2019-07-10$1.50$2.50139.7%40.1%46.1%79.5%0.0%0.0%-34.7%13351.5K-910.2039.00N/AN/A1023,9752,419
2019-07-11$1.48$2.5092.4%26.5%46.0%48.2%0.0%0.0%-26.1%15346.3K-940.0745.81N/AN/A3023,9752,420
2019-07-12$1.54$2.50108.0%31.0%49.0%58.6%0.0%0.0%-25.5%1.1K326.1K-3720.0772.23N/AN/A3023,9942,420
2019-07-15$1.49$2.5097.3%27.9%40.2%51.5%0.0%0.0%-40.2%30350.8K-870.0070.98N/AN/A023,9942,420
2019-07-16$1.44$2.50141.1%40.4%39.6%80.3%0.0%0.0%-43.4%30245.7K-840.0071.84N/AN/A043,9941,775
2019-07-17$1.41$2.50134.5%38.6%40.1%76.0%0.0%0.0%-46.0%28241.0K-810.0023.50N/AN/A0233,9941,777
2019-07-18$1.40$2.50136.4%39.1%40.1%77.3%0.0%0.0%-60.7%27236.5K-880.0025.71N/AN/A0263,9941,757
2019-07-19$1.44$2.50140.7%40.3%41.6%80.1%0.0%0.0%-48.0%28210.6K-870.0028.53N/AN/A0463,9941,529
2019-07-22$1.48$2.50104.6%30.0%42.1%56.3%0.0%0.0%-31.1%1863.2K-350.1111.42N/AN/A912,481445
2019-07-23$1.46$2.50104.8%30.0%41.3%56.4%0.0%0.0%-33.2%065.0K01.1119.60N/AN/A9102,490445
2019-07-24$1.46$2.50135.9%39.0%41.3%76.9%0.0%0.0%-34.8%065.0K00.1128.46N/AN/A912,490445
2019-07-25$1.44$2.50147.2%42.2%41.5%84.4%0.0%0.0%-37.2%3554.0K-880.0469.46N/AN/A2712,490444
2019-07-26$1.46$2.50112.4%32.2%41.8%61.4%0.0%0.0%-38.3%5354.0K-950.0312.22N/AN/A3312,507444
2019-07-29$1.40$2.50114.9%32.9%44.2%63.1%0.0%0.0%-30.9%4851.8K-850.0025.88N/AN/A402,508444
2019-07-30$1.47$2.50127.0%36.4%47.8%71.1%0.0%0.0%-31.2%4460.0K-590.0060.82N/AN/A402,512444
2019-07-31$1.40$2.50121.0%34.7%50.8%66.6%0.0%0.0%-35.6%4156.4K-570.0088.36N/AN/A402,512444