DLNG Options History — May 2021

In May 2021, DLNG traded between $2.62 and $2.82. ATM implied volatility averaged 58.1%, placing in the 10.1% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded above realized volatility by 30.9% (HV 20d: 27.2%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 1.66.

Notable Days

  • 2021-05-06: Highest Volume — 180 contracts
  • 2021-05-10: Largest IV spike — 33.6% change
  • 2021-05-14: Highest IV Rank — 16.0%
  • 2021-05-07: Largest Expected Move — 22.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.73$2.62$2.82$2.82$2.72
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV58.1%47.8%70.5%59.3%57.6%
Expected Move17.1%13.7%22.5%17.0%16.5%
HV 20d27.2%23.5%31.4%26.9%23.5%
HV 60d35.9%33.3%39.8%39.4%33.6%
IV Rank10.1%5.1%16.0%10.7%9.8%
IV Percentile15.1%6.3%27.4%13.9%15.1%
Term Structure-7.3%-43.5%17.6%-11.3%-5.4%
VWIV68.1%47.8%88.4%88.4%47.8%
Bid-Ask Spread %83.7827.41140.9162.72140.91
Gamma HHI0.640.500.930.530.69
Net GEX16-370497218-370
Net DEX-50.5K-63.8K-26.4K-47.5K-60.5K
Net VEX-634-699-533-615-603
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.660.0020.001.200.00
Total Volume24.10180112
Total OI1,747.21,5911,8491,5911,849

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$2.82$2.5059.3%17.0%26.9%10.7%0.0%0.0%-11.3%218-47.5K-6151.2062.72N/AN/A561,040551
2021-05-04$2.80$2.5047.8%13.7%27.0%5.1%0.0%0.0%17.6%330-53.8K-6120.0072.23N/AN/A501,035557
2021-05-05$2.79$2.5050.0%14.3%26.3%6.2%0.0%0.0%10.0%8-48.6K-5420.0068.61N/AN/A001,035557
2021-05-06$2.72$2.5049.0%14.9%27.8%5.7%0.0%0.0%-8.1%-165-26.4K-5730.0095.57N/AN/A18001,035561
2021-05-07$2.76$2.5048.4%22.5%28.3%5.4%0.0%0.0%0.7%267-34.3K-6300.00114.94N/AN/A001,030561
2021-05-10$2.72$2.5064.6%15.4%28.0%13.2%0.0%0.0%-7.4%-343-27.5K-5330.01128.62N/AN/A17021,030561
2021-05-11$2.72$2.5067.9%21.4%28.0%14.8%88.4%0.0%-26.9%213-57.7K-6710.00105.14N/AN/A101,195563
2021-05-12$2.62$2.5063.4%18.2%30.4%12.6%0.0%0.0%2.1%364-38.3K-6870.0089.23N/AN/A001,196563
2021-05-13$2.67$2.5058.7%16.8%31.3%10.4%0.0%0.0%5.1%371-51.0K-6880.0094.08N/AN/A101,196563
2021-05-14$2.69$2.5070.5%20.2%31.4%16.0%0.0%0.0%-1.8%497-51.6K-6990.0090.71N/AN/A0701,205563
2021-05-17$2.73$2.5070.5%20.2%31.1%16.0%0.0%0.0%-10.2%141-55.9K-6910.0073.77N/AN/A101,205633
2021-05-18$2.77$2.5055.5%15.9%30.2%8.8%0.0%0.0%-5.5%129-63.3K-6760.3364.26N/AN/A311,206633
2021-05-19$2.76$2.5062.2%17.8%27.1%12.0%0.0%0.0%-13.9%6-55.7K-6680.00115.52N/AN/A001,207632
2021-05-20$2.77$2.5052.8%15.1%25.1%7.5%0.0%0.0%-3.1%-7-62.3K-6720.0093.43N/AN/A901,207632
2021-05-21$2.76$2.5059.8%17.1%24.3%10.9%0.0%0.0%-31.3%-305-63.6K-6300.0033.41N/AN/A101,206632
2021-05-24$2.75$2.5064.6%18.5%24.3%13.2%0.0%0.0%-43.5%-337-63.8K-6180.0074.37N/AN/A011,194631
2021-05-25$2.75$2.5047.8%13.7%24.3%5.1%47.8%0.0%-1.8%-323-61.0K-6130.0030.49N/AN/A101,194632
2021-05-26$2.68$2.5058.9%16.9%24.7%10.5%0.0%0.0%-6.1%-187-44.0K-6340.00100.27N/AN/A021,194632
2021-05-27$2.69$2.5053.3%15.3%23.5%7.8%0.0%0.0%-4.7%-195-43.1K-62620.0027.41N/AN/A1201,194634
2021-05-28$2.72$2.5057.6%16.5%23.5%9.8%0.0%0.0%-5.4%-370-60.5K-6030.00140.91N/AN/A201,195654