DLNG Options History — April 2021

In April 2021, DLNG traded between $2.70 and $2.94. ATM implied volatility averaged 50.1%, placing in the 4.4% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 20.0% (HV 20d: 30.2%). 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 21 of 21 days. Put/call ratio averaged 4.09.

Notable Days

  • 2021-04-13: Highest Volume — 331 contracts
  • 2021-04-14: Largest IV drop — 52.3% change
  • 2021-04-13: Highest IV Rank — 17.2%
  • 2021-04-05: Largest Expected Move — 16.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.79$2.70$2.94$2.83$2.82
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV50.1%37.1%80.6%48.8%54.9%
Expected Move13.7%10.6%16.9%14.0%15.8%
HV 20d30.2%15.7%47.5%47.2%27.1%
HV 60d44.9%39.4%56.2%56.2%39.5%
IV Rank4.4%0.0%17.2%1.2%8.6%
IV Percentile4.8%0.0%35.3%2.4%9.1%
Term Structure17.7%0.8%79.5%20.1%0.8%
VWIV53.8%39.4%68.3%68.3%43.7%
Bid-Ask Spread %75.3713.24123.0113.2462.19
Gamma HHI0.700.510.980.600.55
Net GEX441120861331299
Net DEX-79.2K-124.9K-42.3K-114.3K-45.5K
Net VEX-637-703-522-600-651
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.090.0065.000.000.19
Total Volume48.9050331210
Total OI2,137.9521,4692,7352,6671,591

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$2.83$2.5048.8%14.0%47.2%1.2%0.0%0.0%20.1%331-114.3K-6000.0013.24N/AN/A2101,998669
2021-04-05$2.81$2.5058.7%16.9%47.2%6.2%0.0%0.0%5.3%514-124.9K-7020.0096.74N/AN/A901,998669
2021-04-06$2.82$2.5051.7%14.1%47.1%2.7%68.3%0.0%4.6%368-120.6K-6680.0087.20N/AN/A7802,004726
2021-04-07$2.77$2.5050.3%14.4%47.5%1.9%57.0%0.0%9.0%271-109.7K-7031.41113.25N/AN/A711002,007728
2021-04-08$2.76$2.5064.0%16.0%47.5%8.8%60.3%0.0%6.1%662-103.8K-6960.2890.15N/AN/A1852,021643
2021-04-09$2.75$2.5059.0%14.3%43.2%6.3%0.0%0.0%5.9%615-104.9K-6770.0089.64N/AN/A1102,015648
2021-04-12$2.70$2.5057.7%14.9%28.5%5.7%0.0%0.0%4.3%649-103.6K-6820.3692.67N/AN/A1142,025648
2021-04-13$2.71$2.5080.6%15.5%25.4%17.2%54.0%0.0%11.0%545-97.1K-6441.9035.46N/AN/A1142172,025652
2021-04-14$2.75$2.5038.5%11.0%22.6%0.0%0.0%0.0%25.1%620-112.0K-6290.0068.89N/AN/A12202,025651
2021-04-15$2.73$2.5046.7%13.4%19.8%4.0%0.0%0.0%13.1%566-78.3K-5940.0069.03N/AN/A0131,903651
2021-04-16$2.72$2.5056.8%16.3%15.7%8.9%0.0%0.0%79.5%861-98.2K-6330.12123.01N/AN/A3341,903664
2021-04-19$2.77$2.5050.2%14.4%17.4%5.7%0.0%0.0%65.4%705-53.8K-6210.0662.02N/AN/A1711,054415
2021-04-20$2.84$2.5046.3%13.3%20.1%3.8%0.0%0.0%1.0%480-57.7K-5590.0067.02N/AN/A001,053416
2021-04-21$2.94$2.5043.5%12.5%22.7%2.5%0.0%0.0%8.4%529-65.0K-52265.0077.04N/AN/A21301,053416
2021-04-22$2.85$2.5044.0%12.6%25.4%2.7%0.0%0.0%13.0%360-49.9K-6720.0082.08N/AN/A201,054546
2021-04-23$2.80$2.5042.1%12.1%26.0%1.8%0.0%0.0%11.7%244-43.1K-6530.0067.29N/AN/A001,056546
2021-04-26$2.80$2.5039.5%11.3%25.8%0.5%39.4%0.0%20.9%120-43.0K-6230.0070.63N/AN/A1001,055546
2021-04-27$2.81$2.5039.7%11.4%24.9%0.6%0.0%0.0%19.9%122-46.0K-6180.0079.23N/AN/A301,063546
2021-04-28$2.86$2.5037.1%10.6%25.6%0.0%0.0%0.0%26.0%153-49.9K-6040.2071.64N/AN/A511,062546
2021-04-29$2.79$2.5042.6%12.2%27.0%2.6%43.7%0.0%20.7%240-42.3K-6310.1964.29N/AN/A2141,059547
2021-04-30$2.82$2.5054.9%15.8%27.1%8.6%0.0%0.0%0.8%299-45.5K-6510.0062.19N/AN/A001,040551