DLNG Options History — May 2020

In May 2020, DLNG traded between $1.50 and $1.69. ATM implied volatility averaged 146.6%, placing in the 69.4% IV rank vs the trailing year. The 30-day expected move averaged 42.2%. IV traded above realized volatility by 80.1% (HV 20d: 66.4%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.08.

Notable Days

  • 2020-05-12: Highest Volume — 30 contracts
  • 2020-05-11: Largest IV spike — 41.2% change
  • 2020-05-11: Highest IV Rank — 94.7%
  • 2020-05-12: Largest Expected Move — 48.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.59$1.50$1.69$1.67$1.61
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV146.6%116.4%185.9%118.8%156.3%
Expected Move42.2%30.3%48.4%34.1%44.8%
HV 20d66.4%43.9%83.0%78.3%44.3%
HV 60d97.1%96.1%98.2%98.1%96.4%
IV Rank69.4%50.0%94.7%51.6%75.7%
IV Percentile85.1%67.1%99.6%69.8%90.5%
Term Structure-62.5%-87.8%19.4%19.4%-76.5%
Bid-Ask Spread %118.8638.28141.25104.92126.25
Gamma HHI1.001.001.001.001.00
Net GEX39801.7K3289
Net DEX19.5K-9.3K34.4K34.4K30.3K
Net VEX-115-33300-53
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.080.000.400.000.00
Total Volume3.703000
Total OI1,939.651,9281,9581,9331,958

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$1.67$2.50118.8%34.1%78.3%51.6%0.0%0.0%19.4%334.4K00.00104.92N/AN/A001,727206
2020-05-04$1.63$2.50139.7%43.2%79.8%65.0%0.0%0.0%0.0%42324.1K-980.00135.53N/AN/A001,727206
2020-05-05$1.62$2.50116.4%43.0%80.0%50.0%0.0%0.0%0.0%66119.7K-1250.00130.76N/AN/A001,727206
2020-05-06$1.62$2.50122.7%43.5%79.7%54.0%0.0%0.0%-77.2%65819.7K-1230.00122.73N/AN/A001,727206
2020-05-07$1.69$2.50120.5%30.3%79.9%52.6%0.0%0.0%-8.5%1.7K-9.3K-3330.0067.53N/AN/A001,727206
2020-05-08$1.67$2.50131.7%39.6%80.7%59.8%0.0%0.0%-65.8%38425.5K-940.00102.82N/AN/A001,727206
2020-05-11$1.61$2.50185.9%38.0%83.0%94.7%0.0%0.0%-7.5%5019.5K-1730.0038.28N/AN/A501,727206
2020-05-12$1.58$2.50168.7%48.4%73.8%83.6%0.0%0.0%-87.8%44412.5K-1600.00119.09N/AN/A0301,729206
2020-05-13$1.50$2.50156.1%44.7%73.7%75.5%0.0%0.0%-79.2%34212.3K-1500.00137.97N/AN/A041,729221
2020-05-14$1.58$2.50135.3%38.8%75.0%62.2%0.0%0.0%-63.4%35518.4K-1360.00136.57N/AN/A041,729223
2020-05-15$1.56$2.50152.8%43.8%68.4%73.4%0.0%0.0%-78.9%37613.1K-1680.00122.51N/AN/A001,729225
2020-05-18$1.60$2.50154.5%44.3%66.4%74.5%0.0%0.0%-81.6%033.9K00.00120.68N/AN/A001,716212
2020-05-19$1.59$2.50158.3%45.4%66.3%76.9%0.0%0.0%-84.1%38311.5K-1640.40135.72N/AN/A521,716212
2020-05-20$1.56$2.50150.8%43.2%66.4%72.1%0.0%0.0%-73.8%37711.0K-1670.00141.25N/AN/A001,721213
2020-05-21$1.51$2.50160.0%45.9%46.4%78.0%0.0%0.0%-78.6%34810.7K-1500.00139.26N/AN/A201,721213
2020-05-22$1.50$2.50149.0%42.7%43.9%71.0%0.0%0.0%-66.2%36114.6K-1390.00121.26N/AN/A101,723213
2020-05-26$1.55$2.50154.2%44.2%46.2%74.3%0.0%0.0%-72.2%16731.0K-290.00128.94N/AN/A2101,724213
2020-05-27$1.61$2.50149.4%42.8%48.1%71.2%0.0%0.0%-71.1%21431.9K-370.00123.38N/AN/A001,745213
2020-05-28$1.63$2.50150.0%43.0%48.4%71.6%0.0%0.0%-72.5%1034.4K-20.00121.81N/AN/A001,745213
2020-05-29$1.61$2.50156.3%44.8%44.3%75.7%0.0%0.0%-76.5%28930.3K-530.00126.25N/AN/A001,745213