DLNG Options History — February 2022

In February 2022, DLNG traded between $2.90 and $3.32. ATM implied volatility averaged 87.4%, placing in the 27.5% IV rank vs the trailing year. The 30-day expected move averaged 22.8%. IV traded above realized volatility by 40.8% (HV 20d: 46.6%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 1.87.

Notable Days

2022-02-28: Highest Volume — 453 contracts
2022-02-02: Largest IV spike — 146.6% change
2022-02-04: Highest IV Rank — 71.8%
2022-02-02: Largest Expected Move — 45.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.11	$2.90	$3.32	$2.93	$3.32
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	87.4%	40.6%	176.9%	64.9%	119.6%
Expected Move	22.8%	11.6%	45.9%	18.6%	34.3%
HV 20d	46.6%	39.8%	62.5%	41.1%	62.5%
HV 60d	38.8%	36.0%	46.5%	36.0%	46.5%
IV Rank	27.5%	4.4%	71.8%	16.4%	43.4%
IV Percentile	64.6%	8.3%	96.8%	58.7%	90.1%
Term Structure	-32.2%	-120.7%	29.3%	-15.7%	-55.6%
VWIV	73.2%	42.9%	141.8%	60.8%	129.3%
Bid-Ask Spread %	70.04	9.57	130.71	63.39	72.98
Gamma HHI	0.65	0.50	0.98	0.98	0.64
Net GEX	190	-205	521	228	311
Net DEX	-73.7K	-108.2K	-41.9K	-46.4K	-108.2K
Net VEX	-244	-328	-89	-243	-265
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.87	0.16	5.00	0.28	0.93
Total Volume	203.579	39	453	100	453
Total OI	907.947	734	1,127	734	1,127

Daily Data (19 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
2022-02-01	$2.93	$2.50	64.9%	18.6%	41.1%	16.4%	60.8%	0.0%	-15.7%	228	-46.4K	-243	0.28	63.39	N/A	N/A	78	22	468	266
2022-02-02	$2.90	$2.50	159.9%	45.9%	41.2%	63.4%	141.8%	0.0%	-77.9%	376	-41.9K	-286	1.16	108.46	N/A	N/A	19	22	468	266
2022-02-03	$2.97	$2.50	92.6%	31.6%	41.6%	30.1%	98.9%	0.0%	-84.7%	270	-45.0K	-296	1.16	130.71	N/A	N/A	19	22	470	271
2022-02-04	$3.02	$2.50	176.9%	20.5%	40.6%	71.8%	43.9%	0.0%	-37.6%	232	-50.9K	-193	1.29	88.55	N/A	N/A	17	22	470	271
2022-02-07	$3.02	$2.50	72.3%	23.5%	39.8%	20.1%	46.8%	0.0%	-61.7%	264	-55.2K	-241	0.85	95.97	N/A	N/A	26	22	472	271
2022-02-08	$3.19	$2.50	130.5%	17.3%	44.2%	48.8%	48.9%	0.0%	-30.3%	239	-67.8K	-210	0.63	95.75	N/A	N/A	35	22	482	271
2022-02-09	$3.24	$2.50	57.6%	16.5%	44.3%	12.8%	77.2%	0.0%	5.7%	257	-74.7K	-188	0.25	81.74	N/A	N/A	88	22	492	271
2022-02-10	$3.23	$2.50	40.6%	11.6%	43.7%	4.4%	42.9%	0.0%	29.3%	388	-93.2K	-215	0.20	51.58	N/A	N/A	87	17	559	271
2022-02-11	$3.27	$2.50	57.6%	16.5%	43.4%	12.8%	75.2%	0.0%	-39.9%	427	-94.5K	-221	0.16	89.83	N/A	N/A	98	16	560	273
2022-02-14	$3.12	$2.50	59.3%	17.0%	46.9%	13.7%	74.9%	0.0%	15.9%	521	-78.5K	-271	2.03	79.96	N/A	N/A	106	215	560	273
2022-02-15	$3.05	$2.50	46.4%	13.3%	47.4%	7.3%	46.4%	0.0%	19.4%	-205	-74.9K	-236	5.00	9.57	N/A	N/A	59	295	579	452
2022-02-16	$3.25	$2.50	91.5%	26.2%	46.3%	29.6%	71.4%	0.0%	-88.8%	134	-84.9K	-298	4.21	75.26	N/A	N/A	70	295	599	452
2022-02-17	$3.13	$2.50	90.1%	25.8%	47.3%	28.9%	68.9%	0.0%	-59.2%	-2	-101.6K	-89	4.21	50.51	N/A	N/A	70	295	586	452
2022-02-18	$3.20	$2.50	54.8%	15.7%	47.3%	11.4%	54.8%	0.0%	-15.9%	-25	-85.3K	-213	2.11	15.64	N/A	N/A	140	295	586	452
2022-02-22	$3.15	$2.50	57.3%	16.4%	44.6%	12.7%	57.1%	0.0%	-10.3%	24	-72.7K	-261	4.92	19.46	N/A	N/A	60	295	568	452
2022-02-23	$2.96	$2.50	65.0%	18.6%	50.4%	16.5%	62.7%	0.0%	6.7%	-138	-56.8K	-294	0.96	72.22	N/A	N/A	122	117	570	452
2022-02-24	$2.92	$2.50	109.2%	31.3%	50.6%	38.3%	121.9%	0.0%	9.6%	93	-71.6K	-328	2.09	87.64	N/A	N/A	56	117	637	462
2022-02-25	$3.26	$2.50	114.1%	32.7%	62.4%	40.7%	66.9%	0.0%	-120.7%	207	-95.7K	-281	3.16	41.61	N/A	N/A	37	117	658	462
2022-02-28	$3.32	$2.50	119.6%	34.3%	62.5%	43.4%	129.3%	0.0%	-55.6%	311	-108.2K	-265	0.93	72.98	N/A	N/A	235	218	665	462