DLNG Options History — November 2020

In November 2020, DLNG traded between $2.07 and $2.67. ATM implied volatility averaged 89.1%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 24.0%. IV traded above realized volatility by 35.0% (HV 20d: 54.1%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.50.

Notable Days

  • 2020-11-09: Highest Volume — 360 contracts
  • 2020-11-11: Largest IV drop — 32.5% change
  • 2020-11-09: Highest IV Rank — 46.3%
  • 2020-11-20: Largest Expected Move — 27.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.40$2.07$2.67$2.16$2.49
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV89.1%70.3%134.4%76.8%73.4%
Expected Move24.0%20.1%27.9%22.0%21.0%
HV 20d54.1%46.1%60.5%54.0%49.5%
HV 60d60.7%55.7%63.2%59.4%55.8%
IV Rank24.4%15.3%46.3%18.4%16.8%
IV Percentile41.6%19.0%81.7%27.0%22.6%
Term Structure3.3%-18.4%33.7%32.6%15.9%
VWIV83.5%73.7%97.5%73.7%80.6%
Bid-Ask Spread %79.6930.23105.2567.5897.51
Gamma HHI0.680.580.940.770.67
Net GEX2.3K1.2K3.1K1.3K2.9K
Net DEX-93.4K-178.8K-13.3K-13.3K-124.2K
Net VEX-846-1.0K-636-669-899
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.007.000.000.00
Total Volume59.650360022
Total OI2,582.52,2462,7872,2462,773

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$2.16$2.5076.8%22.0%54.0%18.4%0.0%0.0%32.6%1.3K-13.3K-6690.0067.58N/AN/A001,663583
2020-11-03$2.18$2.5076.8%22.0%47.7%18.4%0.0%0.0%33.7%1.3K-25.1K-6920.0063.49N/AN/A001,663583
2020-11-04$2.10$2.5079.7%22.8%46.1%19.8%0.0%0.0%21.5%1.9K-23.6K-6360.0068.16N/AN/A001,663583
2020-11-05$2.15$2.5083.8%23.5%47.2%21.8%0.0%0.0%-18.4%1.6K-42.1K-6500.0048.69N/AN/A101,663583
2020-11-06$2.07$2.50109.0%26.4%46.4%34.0%0.0%0.0%-4.0%1.2K-22.4K-6530.0077.80N/AN/A011,664583
2020-11-09$2.19$2.50134.4%24.5%52.0%46.3%0.0%0.0%-17.0%1.3K-26.3K-6600.0082.22N/AN/A36001,664582
2020-11-10$2.23$2.50125.6%24.6%52.7%42.0%0.0%0.0%-11.7%1.7K-24.4K-7340.0063.07N/AN/A302,013582
2020-11-11$2.26$2.5084.7%24.3%53.1%22.3%0.0%0.0%10.1%1.9K-59.0K-8420.0085.30N/AN/A20202,014582
2020-11-12$2.40$2.5097.2%27.9%57.9%28.3%0.0%0.0%-5.5%2.4K-103.2K-9300.2063.21N/AN/A512,137582
2020-11-13$2.52$2.5076.8%22.0%60.0%18.4%73.7%0.0%2.3%3.1K-125.7K-9540.2388.46N/AN/A61142,142583
2020-11-16$2.50$2.5093.5%26.8%58.2%26.5%0.0%0.0%-10.4%2.6K-118.0K-9720.0130.23N/AN/A34142,121605
2020-11-17$2.59$2.5083.6%24.0%59.1%21.7%83.6%0.0%2.1%2.7K-146.2K-9750.0084.72N/AN/A1902,160605
2020-11-18$2.67$2.5070.3%20.1%59.6%15.3%0.0%0.0%16.8%2.8K-178.8K-1.0K0.07100.55N/AN/A4032,160605
2020-11-19$2.60$2.5081.6%23.4%60.5%20.7%81.6%0.0%19.2%2.6K-138.2K-9607.00105.25N/AN/A172,174608
2020-11-20$2.57$2.5097.5%27.9%60.1%28.4%97.5%0.0%-15.0%2.6K-142.6K-9340.00100.38N/AN/A2602,175612
2020-11-23$2.64$2.5084.4%24.2%59.0%22.1%84.2%0.0%1.6%2.7K-153.8K-9570.0091.05N/AN/A3402,137578
2020-11-24$2.60$2.5080.4%23.1%58.8%20.2%80.6%0.0%1.2%2.9K-145.6K-9500.0077.66N/AN/A052,147578
2020-11-25$2.50$2.5090.2%25.9%52.1%24.9%0.0%0.0%-9.3%2.7K-120.4K-9030.00100.61N/AN/A4002,147583
2020-11-27$2.54$2.5082.5%23.6%48.5%21.2%0.0%0.0%0.6%2.9K-135.3K-9290.0097.77N/AN/A302,187583
2020-11-30$2.49$2.5073.4%21.0%49.5%16.8%0.0%0.0%15.9%2.9K-124.2K-8990.0097.51N/AN/A2202,190583