DLNG Options History — November 2019

In November 2019, DLNG traded between $1.98 and $2.18. ATM implied volatility averaged 93.6%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 27.8%. IV traded above realized volatility by 45.9% (HV 20d: 47.8%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 3.00.

Notable Days

  • 2019-11-08: Highest Volume — 447 contracts
  • 2019-11-22: Largest IV drop — 50.9% change
  • 2019-11-11: Highest IV Rank — 62.6%
  • 2019-11-11: Largest Expected Move — 34.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.12$1.98$2.18$2.16$2.12
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV93.6%45.2%129.1%79.4%73.3%
Expected Move27.8%13.0%34.2%22.8%21.0%
HV 20d47.8%27.2%71.6%71.6%40.9%
HV 60d83.1%79.3%86.9%86.9%79.3%
IV Rank38.2%4.6%62.6%29.2%23.9%
IV Percentile55.9%3.2%86.1%48.0%34.5%
Term Structure4.3%-21.4%44.2%44.2%37.0%
VWIV104.5%51.1%119.5%111.9%51.1%
Bid-Ask Spread %45.4112.6791.1712.6764.00
Gamma HHI0.970.960.970.970.97
Net GEX3.1K2.2K4.5K3.1K4.5K
Net DEX-105.9K-156.4K-32.3K-117.3K-32.3K
Net VEX-896-979-791-858-824
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.000.0040.0040.000.00
Total Volume49.604474110
Total OI2,594.752,3812,8202,3812,738

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$2.16$2.5079.4%22.8%71.6%29.2%0.0%0.0%44.2%3.1K-117.3K-85840.0012.67N/AN/A1401,926455
2019-11-04$2.12$2.5070.3%32.4%71.3%23.1%0.0%0.0%-10.2%2.2K-80.6K-8010.0080.39N/AN/A4001,927495
2019-11-05$2.12$2.5084.5%31.0%69.3%32.6%0.0%0.0%-4.5%2.2K-80.8K-7980.0022.47N/AN/A1201,931495
2019-11-06$2.15$2.50100.9%32.1%67.6%43.6%111.9%0.0%-13.5%3.2K-101.5K-8450.0029.17N/AN/A1101,941495
2019-11-07$2.16$2.50126.8%31.5%67.4%61.1%109.8%0.0%-10.7%3.2K-107.5K-8460.0030.21N/AN/A1101,952495
2019-11-08$2.15$2.5090.6%32.8%63.6%36.7%114.6%0.0%-18.9%2.5K-77.2K-7910.0026.05N/AN/A44701,941495
2019-11-11$2.11$2.50129.1%34.2%61.3%62.6%119.5%0.0%-21.4%2.9K-117.5K-9580.0023.42N/AN/A702,318495
2019-11-12$2.18$2.50124.8%33.4%61.4%59.7%0.0%0.0%-18.4%3.1K-114.2K-9630.0029.55N/AN/A1002,325495
2019-11-13$2.11$2.50109.5%31.4%46.1%49.5%0.0%0.0%-14.2%3.0K-112.0K-9500.0031.49N/AN/A502,325495
2019-11-14$2.14$2.50117.2%33.6%43.2%54.6%0.0%0.0%-16.6%3.0K-116.3K-9660.0030.60N/AN/A1102,325495
2019-11-15$2.17$2.50101.8%29.2%41.1%44.3%0.0%0.0%3.2%3.0K-125.5K-9650.0063.65N/AN/A002,318495
2019-11-18$2.11$2.50103.9%29.8%33.8%44.8%103.9%0.0%4.9%2.9K-146.1K-9570.0076.39N/AN/A8702,021406
2019-11-19$2.09$2.50111.0%31.8%30.9%49.6%0.0%0.0%-10.5%3.1K-132.1K-9290.0041.40N/AN/A3002,068406
2019-11-20$2.13$2.50113.9%32.6%28.5%51.6%114.2%0.0%-4.1%3.0K-156.4K-9790.0027.28N/AN/A4002,098406
2019-11-21$2.10$2.50111.7%32.0%28.8%50.1%111.0%0.0%-9.0%3.2K-140.6K-9450.6191.17N/AN/A51312,138406
2019-11-22$2.08$2.5054.9%15.7%27.4%11.3%0.0%0.0%38.6%3.5K-108.1K-9128.3388.08N/AN/A3252,163437
2019-11-25$2.09$2.5045.2%13.0%27.2%4.6%51.1%0.0%37.3%3.7K-78.0K-8522.0019.05N/AN/A10202,166462
2019-11-26$1.98$2.5052.9%15.2%32.7%9.9%0.0%0.0%35.4%3.1K-67.4K-8173.0059.75N/AN/A10302,176482
2019-11-27$2.12$2.5070.3%20.2%41.0%21.8%0.0%0.0%37.7%3.5K-107.2K-9540.0061.44N/AN/A0502,176512
2019-11-29$2.12$2.5073.3%21.0%40.9%23.9%0.0%0.0%37.0%4.5K-32.3K-8240.0064.00N/AN/A1002,176562