DLNG Options History — January 2022

In January 2022, DLNG traded between $2.77 and $3.06. ATM implied volatility averaged 66.3%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 18.3%. IV traded above realized volatility by 31.0% (HV 20d: 35.3%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.43.

Notable Days

2022-01-21: Highest Volume — 214 contracts
2022-01-31: Largest IV spike — 328.1% change
2022-01-31: Highest IV Rank — 61.6%
2022-01-31: Largest Expected Move — 44.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.91	$2.77	$3.06	$2.85	$2.90
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	66.3%	36.5%	156.4%	49.7%	156.4%
Expected Move	18.3%	10.5%	44.8%	14.2%	44.8%
HV 20d	35.3%	28.2%	42.6%	28.3%	41.3%
HV 60d	34.1%	31.8%	36.1%	33.4%	36.1%
IV Rank	17.1%	2.4%	61.6%	8.9%	61.6%
IV Percentile	41.6%	2.0%	96.0%	25.0%	96.0%
Term Structure	1.2%	-78.1%	74.4%	31.9%	-19.3%
VWIV	69.2%	29.7%	166.0%	49.8%	156.4%
Bid-Ask Spread %	75.28	26.84	140.50	26.84	107.96
Gamma HHI	0.65	0.50	0.93	0.93	0.53
Net GEX	816	-105	2.5K	2.3K	-101
Net DEX	-147.7K	-237.3K	-23.7K	-216.8K	-47.7K
Net VEX	-270	-499	-132	-132	-209
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.43	0.14	0.94	0.50	0.28
Total Volume	96.2	31	214	87	100
Total OI	1,618.35	651	2,070	2,070	737

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-01-03	$2.85	$2.50	49.7%	14.2%	28.3%	8.9%	49.8%	0.0%	31.9%	2.3K	-216.8K	-132	0.50	26.84	N/A	N/A	58	29	1,654	416
2022-01-04	$2.87	$2.50	42.0%	12.0%	28.2%	5.1%	49.7%	0.0%	12.7%	1.6K	-204.7K	-304	0.50	28.35	N/A	N/A	58	29	1,653	416
2022-01-05	$2.83	$2.50	101.4%	29.1%	28.5%	34.5%	166.0%	0.0%	-35.0%	2.5K	-157.4K	-499	0.44	60.80	N/A	N/A	66	29	1,653	416
2022-01-06	$2.92	$2.50	74.4%	26.7%	30.7%	21.1%	76.7%	0.0%	-22.5%	2.1K	-190.3K	-376	0.42	140.50	N/A	N/A	69	29	1,653	416
2022-01-07	$2.99	$2.50	81.1%	31.7%	31.9%	24.4%	108.1%	0.0%	-63.6%	1.9K	-198.0K	-334	0.42	84.33	N/A	N/A	69	29	1,649	416
2022-01-10	$3.01	$2.50	89.5%	11.2%	32.0%	28.6%	38.0%	0.0%	21.5%	1.7K	-205.3K	-305	0.42	73.51	N/A	N/A	69	29	1,649	416
2022-01-11	$3.05	$2.50	90.3%	12.0%	32.3%	29.0%	41.8%	0.0%	54.1%	1.7K	-231.2K	-296	0.42	74.28	N/A	N/A	69	29	1,649	416
2022-01-12	$3.00	$2.50	40.6%	11.6%	32.9%	4.4%	41.0%	0.0%	10.4%	1.5K	-219.0K	-273	0.44	77.56	N/A	N/A	66	29	1,649	416
2022-01-13	$3.06	$2.50	58.5%	16.8%	32.4%	13.3%	83.5%	0.0%	-27.0%	124	-237.3K	-266	0.46	28.29	N/A	N/A	63	29	1,646	416
2022-01-14	$3.04	$2.50	81.8%	23.5%	32.4%	24.8%	107.5%	0.0%	-78.1%	17	-186.6K	-235	0.46	105.37	N/A	N/A	63	29	1,499	416
2022-01-18	$3.00	$2.50	43.7%	12.5%	32.7%	6.0%	54.0%	0.0%	-2.3%	-105	-183.9K	-208	0.35	97.02	N/A	N/A	82	29	1,499	416
2022-01-19	$2.82	$2.50	115.2%	33.0%	36.8%	41.3%	113.4%	0.0%	-67.1%	-23	-162.0K	-244	0.45	120.06	N/A	N/A	64	29	1,490	416
2022-01-20	$2.93	$2.50	44.2%	12.7%	38.6%	6.2%	56.5%	0.0%	74.4%	61	-177.5K	-222	0.81	78.60	N/A	N/A	36	29	1,496	416
2022-01-21	$2.89	$2.50	42.8%	12.3%	38.9%	5.5%	44.0%	0.0%	41.3%	215	-180.8K	-238	0.16	74.32	N/A	N/A	185	29	1,492	416
2022-01-24	$2.77	$2.50	59.4%	17.0%	41.3%	13.7%	45.6%	0.0%	13.9%	95	-23.7K	-223	0.94	83.03	N/A	N/A	16	15	402	249
2022-01-25	$2.83	$2.50	44.3%	12.7%	41.6%	6.3%	47.0%	0.0%	11.3%	64	-24.6K	-242	0.14	37.19	N/A	N/A	72	10	401	254
2022-01-26	$2.86	$2.50	37.3%	10.7%	41.5%	2.8%	42.2%	0.0%	15.9%	392	-41.1K	-305	0.31	75.60	N/A	N/A	72	22	461	254
2022-01-27	$2.78	$2.50	37.2%	10.7%	42.6%	2.8%	33.3%	0.0%	22.1%	170	-32.4K	-254	0.31	69.02	N/A	N/A	72	22	461	266
2022-01-28	$2.81	$2.50	36.5%	10.5%	41.3%	2.4%	29.7%	0.0%	29.0%	112	-32.7K	-244	0.28	62.91	N/A	N/A	78	22	461	266
2022-01-31	$2.90	$2.50	156.4%	44.8%	41.3%	61.6%	156.4%	0.0%	-19.3%	-101	-47.7K	-209	0.28	107.96	N/A	N/A	78	22	471	266