DLNG Options History — June 2020

In June 2020, DLNG traded between $1.67 and $3.86. ATM implied volatility averaged 119.6%, placing in the 40.8% IV rank vs the trailing year. The 30-day expected move averaged 31.8%. IV traded above realized volatility by 20.3% (HV 20d: 99.2%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.15.

Notable Days

  • 2020-06-23: Highest Volume — 1,319 contracts
  • 2020-06-04: Largest IV spike — 133.8% change
  • 2020-06-04: Highest IV Rank — 100.0%
  • 2020-06-04: Largest Expected Move — 40.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.82$1.67$3.86$1.67$3.26
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV119.6%73.0%245.3%111.9%91.4%
Expected Move31.8%20.9%40.3%32.1%26.2%
HV 20d99.2%46.2%142.8%46.2%142.8%
HV 60d90.4%83.0%98.9%96.4%98.9%
IV Rank40.8%16.6%100.0%47.1%25.5%
IV Percentile56.6%16.3%100.0%55.6%31.3%
Term Structure-22.2%-82.2%23.9%-82.2%-13.1%
VWIV102.9%79.4%124.6%99.5%109.5%
Bid-Ask Spread %73.2610.66134.46118.1721.70
Gamma HHI0.740.391.001.000.46
Net GEX3.3K4287.2K4283.9K
Net DEX-381.9K-717.3K14.0K5.2K-562.3K
Net VEX-802-1.2K-186-186-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.001.320.001.32
Total Volume257.68211,319186
Total OI2,625.6361,9583,3681,9583,368

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$1.67$2.50111.9%32.1%46.2%47.1%0.0%0.0%-82.2%4285.2K-1860.00118.17N/AN/A101,745213
2020-06-02$1.81$2.50128.2%36.8%53.4%57.6%0.0%0.0%-60.0%2.3K-67.9K-5080.00134.46N/AN/A2201,745213
2020-06-03$1.89$2.50104.9%30.1%54.8%42.6%0.0%0.0%11.2%83214.0K-1880.00108.78N/AN/A2201,745213
2020-06-04$1.85$2.50245.3%40.3%55.7%100.0%0.0%0.0%-69.3%90212.0K-1950.04118.00N/AN/A5021,772213
2020-06-05$2.17$2.50111.3%39.0%77.1%35.1%99.5%0.0%-46.6%3.8K-81.9K-5700.03129.02N/AN/A392101,776213
2020-06-08$2.14$2.50134.9%23.4%77.2%46.6%90.2%0.0%-27.3%4.0K-122.3K-6330.1491.06N/AN/A72101,923223
2020-06-09$2.42$2.50169.5%31.5%84.2%63.3%109.7%0.0%-19.1%4.3K-206.4K-7530.3480.02N/AN/A188631,947233
2020-06-10$2.48$2.5092.5%26.5%83.0%26.1%93.7%0.0%-23.6%7.2K-225.1K-7830.0076.83N/AN/A5002,072223
2020-06-11$2.18$2.5099.6%28.5%95.7%29.5%99.5%0.0%-10.9%4.8K-149.7K-6870.6072.12N/AN/A35212,102223
2020-06-12$2.45$2.50123.5%35.4%101.2%41.0%120.8%0.0%-24.6%4.8K-249.7K-8020.0572.71N/AN/A218102,126243
2020-06-15$2.77$2.50126.6%36.3%106.4%42.5%0.0%0.0%-50.7%1.1K-518.2K-3760.0489.36N/AN/A298112,154253
2020-06-16$3.12$2.50121.0%34.7%111.1%39.8%97.0%0.0%-24.1%5.0K-562.4K-1.2K0.0332.75N/AN/A963302,849254
2020-06-17$3.10$2.50123.1%35.3%111.1%40.8%124.6%0.0%-16.4%4.5K-513.0K-1.0K0.0048.88N/AN/A45102,599270
2020-06-18$3.47$2.50106.8%30.6%112.7%33.0%113.3%0.0%0.6%4.5K-638.9K-1.1K0.0177.69N/AN/A43932,766270
2020-06-19$3.34$2.5081.6%23.4%113.2%20.8%87.2%0.0%-14.4%3.5K-588.8K-9450.0721.54N/AN/A177132,736273
2020-06-22$3.13$2.5073.0%20.9%118.1%16.6%80.7%0.0%23.9%4.3K-488.0K-9110.4210.66N/AN/A65272,566249
2020-06-23$3.69$2.50128.2%36.7%126.5%43.3%79.4%0.0%-0.3%2.3K-643.6K-8850.0891.42N/AN/A1,2161032,559276
2020-06-24$3.86$2.5099.9%28.7%126.5%29.6%0.0%0.0%10.8%2.5K-705.5K-1.1K0.0243.76N/AN/A14132,878351
2020-06-25$3.73$2.50125.4%35.9%129.1%41.9%123.3%0.0%-30.9%2.5K-683.9K-1.2K0.0667.67N/AN/A276172,893360
2020-06-26$3.78$2.50114.7%32.9%128.0%36.8%115.1%0.0%3.1%2.6K-717.3K-1.2K0.1162.86N/AN/A113122,957374
2020-06-29$3.74$2.50117.6%33.7%129.4%38.2%0.0%0.0%-24.3%2.7K-707.9K-1.2K0.0042.29N/AN/A5902,975371
2020-06-30$3.26$2.5091.4%26.2%142.8%25.5%109.5%0.0%-13.1%3.9K-562.3K-1.1K1.3221.70N/AN/A37492,997371