DLNG Options History — February 2020

In February 2020, DLNG traded between $1.69 and $2.05. ATM implied volatility averaged 103.4%, placing in the 44.4% IV rank vs the trailing year. The 30-day expected move averaged 27.4%. IV traded above realized volatility by 70.3% (HV 20d: 33.0%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 2.36.

Notable Days

  • 2020-02-18: Highest Volume — 1,002 contracts
  • 2020-02-18: Largest IV spike — 88.9% change
  • 2020-02-28: Highest IV Rank — 79.3%
  • 2020-02-28: Largest Expected Move — 44.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.86$1.69$2.05$2.03$1.74
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV103.4%61.8%154.4%95.5%154.4%
Expected Move27.4%10.8%44.2%27.4%44.2%
HV 20d33.0%12.0%53.4%12.8%53.4%
HV 60d36.7%33.6%41.5%33.7%39.1%
IV Rank44.4%16.0%79.3%39.0%79.3%
IV Percentile64.0%26.2%96.8%60.3%96.8%
Term Structure-29.1%-92.2%26.0%-51.8%-14.1%
Bid-Ask Spread %99.1619.43140.3598.06137.13
Gamma HHI1.000.991.001.001.00
Net GEX779181.7K1.1K922
Net DEX56.2K32.4K73.6K49.3K42.3K
Net VEX-207-413-68-273-190
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.360.0021.000.000.00
Total Volume65.84201,00212
Total OI1,834.9471,3472,4181,3482,389

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$2.03$2.5095.5%27.4%12.8%39.0%0.0%0.0%-51.8%1.1K49.3K-2730.0098.06N/AN/A01930418
2020-02-04$2.05$2.5091.1%26.1%13.3%36.0%0.0%0.0%-37.1%93361.2K-2230.00114.58N/AN/A00930417
2020-02-05$2.05$2.5061.8%17.7%13.1%16.0%0.0%0.0%-21.0%1.1K55.0K-2590.0089.08N/AN/A20930417
2020-02-06$2.05$0.0087.7%10.8%12.0%33.7%0.0%0.0%-7.2%16873.6K-1210.0020.52N/AN/A00930417
2020-02-07$1.99$0.0089.4%11.7%15.9%34.8%0.0%0.0%-8.1%1873.3K-980.0093.88N/AN/A880930417
2020-02-10$1.88$0.0089.3%15.4%25.1%34.8%0.0%0.0%-10.3%10468.3K-1020.00114.59N/AN/A3001,061417
2020-02-11$1.88$0.0093.6%22.1%25.1%37.8%0.0%0.0%-13.9%19969.8K-940.0019.43N/AN/A001,091417
2020-02-12$1.91$0.00121.4%34.8%26.1%56.8%0.0%0.0%-92.2%29371.5K-890.00137.69N/AN/A001,091417
2020-02-13$1.90$0.0063.5%18.2%26.0%17.2%0.0%0.0%-24.5%23568.7K-1150.0092.77N/AN/A001,091417
2020-02-14$1.90$0.0070.0%20.1%26.0%21.6%0.0%0.0%-14.9%39369.0K-1100.0025.26N/AN/A001,091416
2020-02-18$1.75$0.00132.3%37.9%38.0%64.2%0.0%0.0%-16.9%35965.2K-820.00131.56N/AN/A1,00111,091416
2020-02-19$1.69$0.00147.7%42.4%39.1%74.8%0.0%0.0%-80.0%39566.2K-685.00138.98N/AN/A151,977416
2020-02-20$1.80$0.00136.7%39.2%46.7%67.2%0.0%0.0%-75.6%1.7K40.2K-34621.00140.35N/AN/A1211,977419
2020-02-21$1.74$0.00119.3%34.2%47.6%55.3%0.0%0.0%-31.4%1.3K47.8K-2900.00115.20N/AN/A2001,978440
2020-02-24$1.80$0.0092.3%26.5%49.8%36.9%0.0%0.0%-24.3%1.5K44.8K-3330.0092.64N/AN/A401,935431
2020-02-25$1.72$2.5089.8%25.7%51.6%35.1%0.0%0.0%26.0%1.2K32.6K-3820.00111.20N/AN/A2001,939431
2020-02-26$1.76$2.50130.5%37.4%52.8%63.0%0.0%0.0%-27.8%1.3K37.4K-3400.0097.96N/AN/A5301,959431
2020-02-27$1.78$2.5097.4%27.9%53.2%40.4%0.0%0.0%-28.5%1.7K32.4K-4130.00113.10N/AN/A101,959431
2020-02-28$1.74$2.50154.4%44.2%53.4%79.3%0.0%0.0%-14.1%92242.3K-1900.00137.13N/AN/A021,958431