DLNG Options History — December 2020

In December 2020, DLNG traded between $2.22 and $2.72. ATM implied volatility averaged 78.4%, placing in the 19.2% IV rank vs the trailing year. The 30-day expected move averaged 22.3%. IV traded above realized volatility by 18.1% (HV 20d: 60.3%). 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 11 of 22 days. Put/call ratio averaged 0.73.

Notable Days

  • 2020-12-21: Highest Volume — 231 contracts
  • 2020-12-21: Largest IV spike — 37.6% change
  • 2020-12-15: Highest IV Rank — 27.4%
  • 2020-12-15: Largest Expected Move — 27.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.43$2.22$2.72$2.52$2.48
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV78.4%58.4%95.4%80.9%73.5%
Expected Move22.3%16.7%27.3%23.2%21.1%
HV 20d60.3%42.8%71.9%49.3%70.8%
HV 60d56.8%52.2%61.5%55.5%56.7%
IV Rank19.2%9.5%27.4%20.4%16.8%
IV Percentile28.2%7.1%54.0%31.3%18.7%
Term Structure3.3%-57.8%37.7%-2.4%8.3%
VWIV78.6%51.9%96.1%80.9%64.9%
Bid-Ask Spread %42.4616.2195.8736.1836.79
Gamma HHI0.790.710.870.730.79
Net GEX3.5K2.8K4.7K3.1K4.7K
Net DEX-85.8K-185.4K5.3K-120.0K-98.4K
Net VEX-812-938-689-854-938
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.004.550.000.00
Total Volume65.818023110
Total OI3,045.8182,7893,4812,7893,481

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$2.52$2.5080.9%23.2%49.3%20.4%80.9%0.0%-2.4%3.1K-120.0K-8540.0036.18N/AN/A102,206583
2020-12-02$2.52$2.5089.4%25.6%49.4%24.5%89.4%0.0%-9.9%3.1K-121.6K-8524.5595.87N/AN/A11502,207583
2020-12-03$2.45$2.5071.5%25.4%48.4%15.9%88.7%0.0%-8.6%2.8K-107.0K-8250.1538.64N/AN/A4162,217593
2020-12-04$2.54$2.5088.6%19.4%49.1%24.1%0.0%0.0%37.7%3.1K-135.7K-8660.0066.64N/AN/A002,250599
2020-12-07$2.48$2.5085.7%25.5%47.6%22.7%0.0%0.0%-5.7%3.1K-125.6K-8290.0037.30N/AN/A0142,250599
2020-12-08$2.50$2.5075.8%19.0%44.2%18.0%0.0%0.0%18.2%3.9K-106.7K-8050.0032.64N/AN/A202,250613
2020-12-09$2.53$2.5074.0%21.2%44.0%17.1%78.9%0.0%12.3%3.8K-110.4K-7920.6730.14N/AN/A322,252613
2020-12-10$2.59$2.5085.6%24.5%44.4%22.7%85.6%0.0%-2.4%3.3K-144.7K-8050.0033.85N/AN/A5002,255615
2020-12-11$2.72$2.5081.4%23.3%42.8%20.7%81.3%0.0%5.5%3.5K-185.4K-8320.0037.32N/AN/A2602,229615
2020-12-14$2.32$2.5088.9%25.5%70.2%24.3%88.8%0.0%-3.9%2.8K-58.2K-6890.3745.28N/AN/A159592,239615
2020-12-15$2.35$2.5095.4%27.3%70.4%27.4%96.1%0.0%-17.2%3.8K-77.8K-7250.0025.36N/AN/A10102,396632
2020-12-16$2.31$2.5070.2%20.1%69.1%15.3%51.9%0.0%31.1%3.0K-57.5K-7252.5061.84N/AN/A16402,434632
2020-12-17$2.29$2.5074.1%21.2%67.7%17.1%74.6%0.0%-57.8%3.2K-29.1K-7091.0336.81N/AN/A73752,430662
2020-12-18$2.22$2.5058.4%16.7%67.9%9.5%65.4%0.0%28.0%3.1K5.3K-6900.0016.21N/AN/A0702,427737
2020-12-21$2.24$2.5080.3%23.0%68.2%20.2%80.3%0.0%1.1%2.8K-14.6K-7320.4537.94N/AN/A159722,256769
2020-12-22$2.33$2.5073.6%21.1%69.1%16.9%73.4%0.0%11.5%3.5K-34.4K-8550.0038.03N/AN/A10402,415837
2020-12-23$2.45$2.5085.0%24.4%71.9%22.4%85.0%0.0%-2.4%3.7K-92.4K-9140.0123.67N/AN/A7612,466837
2020-12-24$2.44$2.5080.7%23.1%70.6%20.3%80.7%0.0%-3.6%3.9K-89.2K-9170.0031.96N/AN/A012,461837
2020-12-28$2.40$2.5070.2%20.1%70.5%15.2%70.7%0.0%13.7%4.5K-65.8K-8510.0047.48N/AN/A1002,461838
2020-12-29$2.39$2.5077.5%22.2%70.2%18.8%77.6%0.0%-1.1%4.2K-49.1K-8082.6340.74N/AN/A19502,455838
2020-12-30$2.43$2.5064.6%18.5%70.3%12.5%64.9%0.0%20.1%4.6K-70.1K-8510.0083.51N/AN/A15702,436888
2020-12-31$2.48$2.5073.5%21.1%70.8%16.8%0.0%0.0%8.3%4.7K-98.4K-9380.0036.79N/AN/A002,593888