DLNG Options History — September 2020

In September 2020, DLNG traded between $2.34 and $3.07. ATM implied volatility averaged 86.5%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 24.5%. IV traded above realized volatility by 15.7% (HV 20d: 70.8%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.53.

Notable Days

2020-09-03: Highest Volume — 551 contracts
2020-09-08: Largest IV drop — 28.4% change
2020-09-01: Highest IV Rank — 58.1%
2020-09-01: Largest Expected Move — 45.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.69	$2.34	$3.07	$2.48	$2.51
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	86.5%	62.5%	158.7%	158.7%	88.3%
Expected Move	24.5%	17.9%	45.5%	45.5%	25.3%
HV 20d	70.8%	50.0%	80.3%	50.0%	72.4%
HV 60d	80.1%	68.0%	97.6%	97.6%	68.5%
IV Rank	23.1%	11.5%	58.1%	58.1%	24.0%
IV Percentile	34.6%	13.1%	92.1%	92.1%	40.1%
Term Structure	6.8%	-92.6%	34.2%	-27.9%	-9.0%
VWIV	88.6%	57.6%	158.6%	158.6%	81.5%
Bid-Ask Spread %	70.14	46.77	109.07	72.72	94.05
Gamma HHI	0.62	0.39	0.78	0.47	0.73
Net GEX	2.5K	796	3.5K	1.8K	2.9K
Net DEX	-131.4K	-259.7K	-44.5K	-91.8K	-74.9K
Net VEX	-775	-868	-656	-670	-837
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.53	0.00	3.82	0.63	0.00
Total Volume	106.952	3	551	137	9
Total OI	2,399.81	2,012	2,558	2,012	2,551

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2020-09-01	$2.48	$2.50	158.7%	45.5%	50.0%	58.1%	158.6%	0.0%	-27.9%	1.8K	-91.8K	-670	0.63	72.72	N/A	N/A	84	53	1,679	333
2020-09-02	$2.74	$2.50	126.5%	36.3%	63.6%	42.5%	126.4%	0.0%	-17.8%	2.2K	-148.7K	-716	0.27	74.37	N/A	N/A	165	45	1,766	316
2020-09-03	$2.78	$2.50	127.1%	28.4%	63.7%	42.8%	128.1%	0.0%	-18.9%	2.8K	-173.5K	-810	0.01	94.76	N/A	N/A	546	5	1,878	353
2020-09-04	$2.86	$2.50	95.3%	24.9%	64.8%	27.4%	71.8%	0.0%	33.8%	2.7K	-197.3K	-868	2.33	88.62	N/A	N/A	43	100	1,901	357
2020-09-08	$3.07	$2.50	68.3%	22.6%	69.7%	14.3%	67.3%	0.0%	34.2%	1.1K	-259.7K	-674	0.13	76.64	N/A	N/A	24	3	1,892	457
2020-09-09	$3.06	$2.50	80.1%	23.0%	69.7%	20.0%	92.0%	0.0%	20.1%	2.8K	-220.2K	-857	0.54	47.62	N/A	N/A	24	13	1,891	456
2020-09-10	$3.00	$2.50	82.5%	23.7%	68.0%	21.2%	93.0%	0.0%	15.5%	2.7K	-209.7K	-845	3.82	49.05	N/A	N/A	11	42	1,894	467
2020-09-11	$2.94	$2.50	71.0%	20.3%	68.0%	15.6%	0.0%	0.0%	15.0%	2.8K	-194.6K	-800	0.00	66.60	N/A	N/A	0	150	1,899	469
2020-09-14	$2.99	$2.50	79.4%	22.8%	68.1%	19.7%	93.8%	0.0%	23.3%	796	-229.8K	-694	0.00	48.49	N/A	N/A	0	20	1,899	569
2020-09-15	$2.80	$2.50	72.3%	20.7%	71.6%	16.3%	65.8%	0.0%	22.7%	2.8K	-144.9K	-781	0.00	58.78	N/A	N/A	34	0	1,899	578
2020-09-16	$2.69	$2.50	62.5%	17.9%	72.6%	11.5%	57.6%	0.0%	34.0%	3.5K	-120.2K	-774	0.00	46.77	N/A	N/A	24	0	1,901	580
2020-09-17	$2.59	$2.50	78.8%	22.6%	73.2%	19.4%	72.6%	0.0%	-92.6%	2.6K	-104.1K	-730	1.80	69.16	N/A	N/A	10	18	1,909	581
2020-09-18	$2.68	$2.50	72.5%	20.8%	74.6%	16.4%	0.0%	0.0%	0.0%	2.5K	-128.4K	-752	0.00	73.99	N/A	N/A	3	0	1,910	598
2020-09-21	$2.54	$2.50	75.9%	21.8%	75.3%	18.0%	75.8%	0.0%	13.8%	2.7K	-73.6K	-709	0.00	57.55	N/A	N/A	107	0	1,794	519
2020-09-22	$2.42	$2.50	84.0%	24.1%	75.4%	21.9%	84.1%	0.0%	22.3%	2.3K	-54.3K	-656	0.62	70.75	N/A	N/A	242	150	1,800	519
2020-09-23	$2.43	$2.50	72.2%	20.7%	74.5%	16.2%	75.5%	0.0%	7.8%	2.5K	-52.3K	-792	0.00	84.99	N/A	N/A	58	0	1,914	639
2020-09-24	$2.34	$2.50	89.9%	25.8%	75.1%	24.8%	98.0%	0.0%	-22.0%	2.1K	-44.5K	-791	0.00	70.65	N/A	N/A	46	0	1,915	639
2020-09-25	$2.43	$2.50	84.7%	24.3%	77.2%	22.3%	87.4%	0.0%	26.6%	2.5K	-55.6K	-816	0.00	70.96	N/A	N/A	25	0	1,919	639
2020-09-28	$2.60	$2.50	66.0%	18.9%	80.3%	13.2%	65.9%	0.0%	27.0%	3.3K	-92.5K	-833	0.00	109.07	N/A	N/A	10	0	1,919	639
2020-09-29	$2.51	$2.50	81.2%	23.3%	80.1%	20.6%	0.0%	0.0%	29.4%	2.9K	-88.4K	-867	0.00	47.34	N/A	N/A	182	0	1,919	639
2020-09-30	$2.51	$2.50	88.3%	25.3%	72.4%	24.0%	81.5%	0.0%	-9.0%	2.9K	-74.9K	-837	0.00	94.05	N/A	N/A	9	0	1,912	639