DLNG Options History — February 2021

In February 2021, DLNG traded between $2.67 and $3.12. ATM implied volatility averaged 81.3%, placing in the 17.0% IV rank vs the trailing year. The 30-day expected move averaged 24.3%. IV traded above realized volatility by 23.3% (HV 20d: 58.0%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.74.

Notable Days

  • 2021-02-12: Highest Volume — 574 contracts
  • 2021-02-11: Largest IV spike — 35.7% change
  • 2021-02-23: Highest IV Rank — 26.5%
  • 2021-02-23: Largest Expected Move — 28.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.87$2.67$3.12$2.67$2.86
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV81.3%56.6%100.0%94.3%77.9%
Expected Move24.3%18.4%28.7%27.0%22.3%
HV 20d58.0%49.8%76.7%74.7%50.2%
HV 60d64.1%61.9%65.2%65.0%64.3%
IV Rank17.0%4.5%26.5%23.6%15.3%
IV Percentile31.8%0.8%60.7%53.2%23.8%
Term Structure5.6%-14.3%33.5%-3.0%-11.5%
VWIV95.8%69.6%164.6%94.2%69.6%
Bid-Ask Spread %64.8314.15105.3675.5316.53
Gamma HHI0.710.510.990.930.53
Net GEX8301981.6K730702
Net DEX-127.1K-198.0K-84.4K-84.4K-99.6K
Net VEX-788-986-620-715-947
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.005.380.142.00
Total Volume111.0531574163
Total OI2,274.8951,9492,5791,9492,519

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$2.67$2.5094.3%27.0%74.7%23.6%94.2%0.0%-3.0%730-84.4K-7150.1475.53N/AN/A1421,317632
2021-02-02$2.82$2.5082.9%23.8%76.7%17.8%76.7%0.0%6.0%1.0K-162.1K-6365.3857.86N/AN/A13701,337634
2021-02-03$2.80$2.5086.0%24.7%75.3%19.4%78.6%0.0%8.3%804-150.3K-6200.40105.36N/AN/A521,348704
2021-02-04$2.79$2.5081.9%25.3%67.8%17.3%0.0%0.0%-0.2%766-154.8K-6310.0084.55N/AN/A1201,348704
2021-02-05$2.74$2.5086.4%23.3%66.6%19.6%80.1%0.0%1.8%744-100.0K-6970.00102.95N/AN/A3301,368704
2021-02-08$2.73$2.5056.6%27.4%63.5%4.5%0.0%0.0%1.0%604-121.0K-6900.0038.84N/AN/A17801,380704
2021-02-09$2.71$2.5060.6%25.7%62.5%6.5%0.0%0.0%5.8%556-112.8K-6800.0062.15N/AN/A101,386704
2021-02-10$2.73$2.5067.3%19.3%51.9%9.9%164.6%0.0%12.1%506-115.0K-6541.7492.16N/AN/A611061,386704
2021-02-11$2.74$2.5091.3%26.2%50.3%22.1%0.0%0.0%-6.9%198-107.3K-6831.5929.17N/AN/A37591,401810
2021-02-12$2.97$2.5081.3%23.3%50.9%17.0%90.9%0.0%24.8%909-171.9K-7321.4796.26N/AN/A2323421,401841
2021-02-16$3.12$2.5082.8%23.8%53.6%17.8%119.1%0.0%16.3%979-198.0K-9090.0273.96N/AN/A29261,589944
2021-02-17$3.10$2.5085.7%24.6%53.4%19.2%0.0%0.0%33.5%1.2K-150.2K-9240.0179.41N/AN/A12011,616950
2021-02-18$3.00$2.5090.6%26.0%50.3%21.7%99.4%0.0%11.1%1.6K-131.6K-8490.1899.24N/AN/A123221,542950
2021-02-19$2.94$2.5085.8%24.6%50.4%19.3%81.8%0.0%-14.3%905-118.9K-9560.6951.52N/AN/A16111,611968
2021-02-22$2.99$2.5093.2%26.7%50.6%23.0%94.9%0.0%3.9%1.5K-113.3K-8270.0139.87N/AN/A9211,588733
2021-02-23$2.91$2.50100.0%28.7%51.6%26.5%100.0%0.0%-4.6%697-96.4K-9330.2242.72N/AN/A45101,673734
2021-02-24$2.99$2.5075.4%21.6%52.1%14.0%0.0%0.0%-0.2%785-109.2K-8960.0714.15N/AN/A10981,714739
2021-02-25$2.90$2.5064.3%18.4%49.8%8.4%69.6%0.0%21.9%538-117.4K-9860.0569.61N/AN/A8041,793747
2021-02-26$2.86$2.5077.9%22.3%50.2%15.3%0.0%0.0%-11.5%702-99.6K-9472.0016.53N/AN/A121,768751