DLNG Options History — October 2020

In October 2020, DLNG traded between $2.04 and $2.63. ATM implied volatility averaged 83.1%, placing in the 21.5% IV rank vs the trailing year. The 30-day expected move averaged 24.5%. IV traded above realized volatility by 26.9% (HV 20d: 56.3%). 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 14 of 22 days. Put/call ratio averaged 1.68.

Notable Days

  • 2020-10-02: Highest Volume — 493 contracts
  • 2020-10-12: Largest IV spike — 51.7% change
  • 2020-10-14: Highest IV Rank — 39.7%
  • 2020-10-14: Largest Expected Move — 34.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.40$2.04$2.63$2.43$2.17
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV83.1%60.1%120.6%82.9%60.1%
Expected Move24.5%17.2%34.6%23.8%17.2%
HV 20d56.3%41.9%64.3%63.0%54.1%
HV 60d61.4%55.9%65.9%65.7%59.4%
IV Rank21.5%10.4%39.7%21.4%10.4%
IV Percentile34.6%10.3%70.6%33.7%10.3%
Term Structure6.4%-31.8%36.9%7.0%32.0%
VWIV83.8%51.7%101.5%100.0%63.3%
Bid-Ask Spread %89.1337.88115.5991.7066.53
Gamma HHI0.740.540.890.730.73
Net GEX2.9K1.1K7.6K2.9K1.3K
Net DEX-89.3K-217.4K-3.1K-63.6K-21.6K
Net VEX-847-1.0K-636-818-698
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.680.0012.500.180.00
Total Volume47049300
Total OI2,6092,1253,0812,5512,246

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$2.43$2.5082.9%23.8%63.0%21.4%0.0%0.0%7.0%2.9K-63.6K-8180.0091.70N/AN/A001,912639
2020-10-02$2.36$2.5091.6%26.3%63.0%25.6%100.0%0.0%-2.3%2.4K-39.5K-7330.18105.54N/AN/A418751,912639
2020-10-05$2.36$2.5064.8%26.4%61.6%12.6%0.0%0.0%3.5%3.7K-62.7K-9170.0066.15N/AN/A3002,258714
2020-10-06$2.52$2.5076.8%25.6%60.7%18.4%89.7%0.0%4.1%3.6K-126.9K-9950.0795.19N/AN/A151112,280714
2020-10-07$2.61$2.5082.9%24.4%62.7%21.4%84.3%0.0%12.0%1.4K-210.8K-9050.00111.19N/AN/A102,324714
2020-10-08$2.63$2.5072.3%24.3%62.8%16.2%75.8%0.0%6.2%4.6K-177.5K-1.0K0.1192.64N/AN/A2732,325714
2020-10-09$2.51$2.5063.2%25.1%64.3%11.8%86.0%0.0%-0.9%5.6K-128.8K-9600.0694.42N/AN/A1612,332678
2020-10-12$2.50$2.5095.8%25.5%63.6%27.6%88.5%0.0%9.3%6.2K-128.8K-9350.0095.52N/AN/A1102,332679
2020-10-13$2.50$2.50110.6%25.6%60.0%34.8%0.0%0.0%17.2%6.2K-132.7K-9670.0084.07N/AN/A002,402679
2020-10-14$2.48$2.50120.6%34.6%58.6%39.7%0.0%0.0%-31.8%5.5K-129.2K-9721.00115.59N/AN/A40402,402679
2020-10-15$2.49$2.50104.9%30.1%57.3%32.0%101.5%0.0%-22.7%7.6K-131.8K-9396.00109.63N/AN/A2122,402651
2020-10-16$2.55$2.5084.4%24.2%56.6%22.1%84.3%0.0%-3.1%1.5K-217.4K-9230.06103.47N/AN/A4932,402654
2020-10-19$2.45$2.5093.3%26.8%55.1%26.4%0.0%0.0%-2.0%1.5K-87.3K-8690.0098.03N/AN/A301,600525
2020-10-20$2.41$2.5070.0%20.1%52.6%15.1%85.8%0.0%36.9%1.4K-75.4K-84012.5089.70N/AN/A2251,603525
2020-10-21$2.39$2.5086.8%24.9%52.7%23.3%86.6%0.0%2.8%1.4K-67.6K-8315.0093.89N/AN/A3151,604550
2020-10-22$2.37$2.5092.3%26.5%51.0%25.9%92.3%0.0%-1.8%1.3K-49.1K-7880.0080.23N/AN/A5501,603565
2020-10-23$2.32$2.5078.2%22.4%49.6%19.1%0.0%0.0%6.2%1.5K-51.0K-7970.00100.86N/AN/A041,652565
2020-10-26$2.25$2.5062.5%17.9%43.0%11.5%51.7%0.0%29.3%1.4K-34.8K-7430.00101.96N/AN/A1301,652565
2020-10-27$2.21$2.5092.1%26.4%41.9%25.8%0.0%0.0%-16.1%1.5K-15.6K-6830.0037.88N/AN/A001,665565
2020-10-28$2.04$2.5065.1%18.7%49.3%12.8%63.3%0.0%21.0%1.1K-3.1K-6363.6060.15N/AN/A5181,665565
2020-10-29$2.17$2.5077.7%22.3%54.8%18.9%0.0%0.0%35.1%1.3K-9.5K-6730.0066.57N/AN/A101,663583
2020-10-30$2.17$2.5060.1%17.2%54.1%10.4%0.0%0.0%32.0%1.3K-21.6K-6980.0066.53N/AN/A001,663583