DLNG Options History — March 2020

In March 2020, DLNG traded between $1.01 and $1.77. ATM implied volatility averaged 124.6%, placing in the 58.6% IV rank vs the trailing year. The 30-day expected move averaged 38.0%. IV traded above realized volatility by 21.6% (HV 20d: 103.0%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.26.

Notable Days

  • 2020-03-20: Highest Volume — 150 contracts
  • 2020-03-09: Largest IV spike — 69.3% change
  • 2020-03-31: Highest IV Rank — 100.0%
  • 2020-03-31: Largest Expected Move — 55.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.27$1.01$1.77$1.77$1.05
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV124.6%59.6%194.1%107.1%194.1%
Expected Move38.0%17.1%55.7%30.7%55.7%
HV 20d103.0%53.1%132.0%53.7%131.5%
HV 60d65.4%37.8%82.5%38.6%82.5%
IV Rank58.6%14.5%100.0%47.0%100.0%
IV Percentile72.2%18.7%100.0%69.8%100.0%
Term Structure-42.8%-106.9%23.0%-35.4%-33.9%
Bid-Ask Spread %124.5644.44180.7795.94116.20
Gamma HHI1.001.001.001.001.00
Net GEX19401.5K1.3K0
Net DEX51.8K33.6K70.1K33.6K40.3K
Net VEX-51-3750-3750
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.001.180.000.00
Total Volume20.7270150042
Total OI2,432.1822,3602,4822,3912,395

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$1.77$2.50107.1%30.7%53.7%47.0%0.0%0.0%-35.4%1.3K33.6K-3750.0095.94N/AN/A001,958433
2020-03-03$1.74$2.50100.2%28.7%53.3%42.2%0.0%0.0%-38.7%1.5K37.7K-3640.00128.54N/AN/A001,958433
2020-03-04$1.70$2.5084.3%24.2%53.1%31.4%0.0%0.0%-19.4%35670.1K-520.00117.56N/AN/A001,958433
2020-03-05$1.63$2.5059.6%17.1%54.2%14.5%0.0%0.0%-16.6%1.0K35.0K-3160.0085.51N/AN/A3001,958433
2020-03-06$1.51$2.5062.3%17.9%58.7%16.3%0.0%0.0%-27.3%1665.2K-31.1896.34N/AN/A33391,988433
2020-03-09$1.31$2.50105.5%0.0%73.9%45.9%0.0%0.0%0.0%161.7K00.00170.44N/AN/A0201,980471
2020-03-10$1.29$2.50162.7%0.0%72.7%85.0%0.0%0.0%0.0%063.3K00.00162.88N/AN/A001,980491
2020-03-11$1.34$2.5075.3%0.0%75.2%25.2%0.0%0.0%0.0%065.8K00.00147.34N/AN/A001,980491
2020-03-12$1.07$2.50101.6%0.0%104.3%43.2%0.0%0.0%0.0%052.5K00.40180.77N/AN/A30121,980491
2020-03-13$1.23$2.5082.3%0.0%120.1%30.0%0.0%0.0%0.0%061.9K00.00142.35N/AN/A001,979503
2020-03-16$1.22$2.5090.5%0.0%119.9%35.6%0.0%0.0%0.0%061.4K00.00170.20N/AN/A001,979503
2020-03-17$1.17$2.50149.9%43.0%118.1%76.2%0.0%0.0%-55.0%1158.6K-40.00127.94N/AN/A001,979503
2020-03-18$1.01$2.50176.3%50.6%126.4%94.3%0.0%0.0%-88.5%050.8K00.00152.60N/AN/A001,979503
2020-03-19$1.12$2.50162.1%46.5%130.8%84.6%0.0%0.0%-106.9%056.3K00.00118.25N/AN/A021,979503
2020-03-20$1.15$2.50160.6%46.0%132.0%83.6%0.0%0.0%-72.6%957.4K-30.00116.20N/AN/A01501,979501
2020-03-23$1.09$2.50124.6%35.7%130.8%59.0%0.0%0.0%0.0%1143.7K-60.00112.08N/AN/A001,955405
2020-03-24$1.09$2.50157.5%45.1%130.9%81.4%0.0%0.0%0.0%044.1K00.00139.74N/AN/A4801,955405
2020-03-25$1.12$2.50126.3%36.2%131.1%60.1%0.0%0.0%0.0%045.4K00.00137.51N/AN/A1002,001405
2020-03-26$1.14$2.50126.7%36.3%131.3%60.3%0.0%0.0%0.0%046.2K00.0092.58N/AN/A0402,011405
2020-03-27$1.14$2.50157.9%45.3%131.5%81.7%0.0%0.0%23.0%046.2K00.0085.00N/AN/A002,011405
2020-03-30$1.07$2.50173.6%49.8%131.5%92.5%0.0%0.0%-33.9%043.3K00.0044.44N/AN/A002,011405
2020-03-31$1.05$2.50194.1%55.7%131.5%100.0%0.0%0.0%0.0%040.3K00.00116.20N/AN/A4202,011384