DLNG Options History — August 2021

In August 2021, DLNG traded between $2.81 and $3.11. ATM implied volatility averaged 63.1%, placing in the 19.9% IV rank vs the trailing year. The 30-day expected move averaged 16.0%. IV traded above realized volatility by 17.2% (HV 20d: 45.9%). 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 15 of 22 days. Put/call ratio averaged 0.29.

Notable Days

  • 2021-08-19: Highest Volume — 233 contracts
  • 2021-08-30: Largest IV spike — 113.7% change
  • 2021-08-03: Highest IV Rank — 76.2%
  • 2021-08-03: Largest Expected Move — 39.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.00$2.81$3.11$3.00$3.08
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV63.1%36.1%138.9%105.9%52.2%
Expected Move16.0%10.4%39.8%30.4%15.0%
HV 20d45.9%31.7%64.2%63.3%32.3%
HV 60d57.9%57.3%58.7%57.4%58.4%
IV Rank19.9%0.0%76.2%51.5%12.3%
IV Percentile28.7%0.0%98.0%92.1%17.1%
Term Structure-1.2%-117.4%33.6%25.8%-12.6%
VWIV61.2%44.2%78.3%44.2%78.3%
Bid-Ask Spread %45.498.78118.6190.588.78
Gamma HHI0.540.500.620.510.51
Net GEX2.3K2.0K2.8K2.4K2.1K
Net DEX-226.2K-267.7K-174.7K-218.1K-258.2K
Net VEX-849-1.0K-638-947-763
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.004.000.100.00
Total Volume27.50233016
Total OI2,323.7272,2872,4022,3132,290

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$3.00$2.50105.9%30.4%63.3%51.5%0.0%0.0%25.8%2.4K-218.1K-9470.0090.58N/AN/A001,855458
2021-08-03$2.99$2.50138.9%39.8%62.9%76.2%0.0%0.0%-107.7%2.6K-213.1K-1.0K0.10109.54N/AN/A2021,855458
2021-08-04$3.08$2.50113.4%32.5%64.2%57.1%0.0%0.0%-41.9%2.7K-229.9K-9340.00118.61N/AN/A1001,855458
2021-08-05$3.01$2.5062.9%11.9%62.0%19.3%0.0%0.0%15.3%2.3K-221.7K-9060.0098.37N/AN/A10001,870456
2021-08-06$3.08$2.5065.4%12.2%60.7%21.2%0.0%0.0%19.5%2.8K-239.5K-9660.0063.15N/AN/A001,860456
2021-08-09$3.03$2.50133.1%12.2%57.0%71.9%44.2%0.0%9.3%2.7K-229.9K-9320.0017.57N/AN/A1301,864456
2021-08-10$3.03$2.5064.8%12.3%56.2%21.4%0.0%0.0%6.9%2.3K-230.5K-8600.0023.69N/AN/A1201,864456
2021-08-11$3.08$2.5045.4%13.0%47.8%6.4%0.0%0.0%19.7%2.1K-267.7K-6380.0035.88N/AN/A001,876456
2021-08-12$3.07$2.5046.6%13.3%47.6%7.3%0.0%0.0%15.4%2.6K-241.6K-9624.0023.99N/AN/A3121,886456
2021-08-13$3.05$2.5038.4%11.0%46.5%1.0%0.0%0.0%2.3%2.2K-248.2K-7870.0024.49N/AN/A001,886456
2021-08-16$2.95$2.5041.6%11.9%41.5%3.5%0.0%0.0%21.1%2.3K-219.9K-8400.0028.52N/AN/A0401,889444
2021-08-17$2.93$2.5038.3%11.0%40.8%0.9%0.0%0.0%33.6%2.6K-207.2K-9440.0027.92N/AN/A5001,889444
2021-08-18$2.95$2.5043.0%12.3%38.1%4.5%78.3%0.0%28.1%2.0K-243.5K-6470.0069.58N/AN/A101,889484
2021-08-19$2.81$2.5036.1%10.4%41.1%0.0%0.0%0.0%32.9%2.3K-174.7K-9540.0017.45N/AN/A23301,918484
2021-08-20$2.85$2.5039.8%11.4%41.6%2.8%0.0%0.0%20.8%2.2K-181.1K-9350.0059.55N/AN/A001,919482
2021-08-23$2.90$2.5044.6%12.8%40.6%6.5%0.0%0.0%21.3%2.4K-180.6K-8680.0012.69N/AN/A201,807480
2021-08-24$2.96$2.5041.3%11.8%34.8%3.9%0.0%0.0%-7.3%2.1K-218.3K-7790.009.74N/AN/A101,807480
2021-08-25$2.99$2.5039.7%11.4%34.9%2.7%0.0%0.0%15.7%2.2K-215.7K-8230.0016.70N/AN/A1001,809480
2021-08-26$3.00$2.5046.2%13.2%31.7%7.7%0.0%0.0%-17.7%2.1K-235.5K-7130.0012.63N/AN/A001,810480
2021-08-27$3.07$2.5047.9%13.7%32.1%9.0%0.0%0.0%-9.9%2.2K-244.0K-7640.0062.36N/AN/A8001,820480
2021-08-30$3.11$2.50102.3%29.3%32.1%50.7%0.0%0.0%-117.4%2.1K-258.5K-7120.0069.00N/AN/A001,820480
2021-08-31$3.08$2.5052.2%15.0%32.3%12.3%0.0%0.0%-12.6%2.1K-258.2K-7630.008.78N/AN/A1601,810480