DLNG Options History — April 2022

In April 2022, DLNG traded between $2.95 and $4.00. ATM implied volatility averaged 104.5%, placing in the 36.0% IV rank vs the trailing year. The 30-day expected move averaged 26.3%. IV traded below realized volatility by 4.2% (HV 20d: 108.6%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.42.

Notable Days

2022-04-07: Highest Volume — 630 contracts
2022-04-11: Largest IV spike — 96.0% change
2022-04-12: Highest IV Rank — 98.5%
2022-04-27: Largest Expected Move — 33.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.48	$2.95	$4.00	$3.81	$3.09
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	104.5%	62.9%	231.1%	105.2%	110.9%
Expected Move	26.3%	18.0%	33.0%	26.6%	31.8%
HV 20d	108.6%	76.1%	124.1%	116.5%	76.1%
HV 60d	89.6%	86.2%	94.2%	86.2%	94.2%
IV Rank	36.0%	15.4%	98.5%	36.3%	39.2%
IV Percentile	77.6%	49.2%	99.6%	84.5%	85.3%
Term Structure	2.9%	-41.9%	38.6%	-35.4%	-41.9%
VWIV	99.0%	63.7%	124.4%	111.8%	103.0%
Bid-Ask Spread %	51.09	16.03	86.70	63.24	47.05
Gamma HHI	0.63	0.41	0.74	0.72	0.56
Net GEX	5.3K	2.3K	6.7K	5.9K	3.6K
Net DEX	-352.6K	-486.1K	-197.4K	-432.3K	-300.1K
Net VEX	-1.8K	-2.1K	-1.1K	-1.8K	-1.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.42	0.13	1.00	0.40	0.61
Total Volume	213.9	50	630	233	92
Total OI	3,721.6	3,095	4,492	4,105	3,198

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
2022-04-01	$3.81	$2.50	105.2%	26.6%	116.5%	36.3%	111.8%	0.0%	-35.4%	5.9K	-432.3K	-1.8K	0.40	63.24	N/A	N/A	167	66	3,438	667
2022-04-04	$4.00	$2.50	70.9%	28.0%	114.9%	19.4%	101.7%	0.0%	-13.7%	6.5K	-486.1K	-1.9K	0.23	67.81	N/A	N/A	308	72	3,397	687
2022-04-05	$3.80	$2.50	86.6%	28.8%	117.2%	27.2%	101.4%	0.0%	-12.5%	6.2K	-430.2K	-1.9K	0.16	66.18	N/A	N/A	449	72	3,464	696
2022-04-06	$3.82	$2.50	85.8%	27.9%	117.2%	26.8%	105.4%	0.0%	-9.6%	6.3K	-422.4K	-1.9K	0.25	61.13	N/A	N/A	293	72	3,462	696
2022-04-07	$3.86	$2.50	88.1%	27.2%	117.2%	27.9%	110.2%	0.0%	-14.6%	6.3K	-426.8K	-1.9K	0.13	69.45	N/A	N/A	558	72	3,453	696
2022-04-08	$3.86	$2.50	102.9%	27.8%	114.4%	35.2%	115.3%	0.0%	-8.4%	6.7K	-465.1K	-2.1K	0.61	86.70	N/A	N/A	108	66	3,694	696
2022-04-11	$3.68	$2.50	201.7%	20.5%	113.3%	84.0%	73.6%	0.0%	38.1%	6.3K	-414.1K	-2.0K	0.50	17.91	N/A	N/A	133	66	3,712	696
2022-04-12	$3.66	$2.50	231.1%	18.4%	113.3%	98.5%	79.4%	0.0%	14.5%	6.4K	-381.3K	-1.8K	0.47	70.33	N/A	N/A	147	69	3,702	697
2022-04-13	$3.63	$2.50	101.0%	29.0%	113.5%	34.3%	107.2%	0.0%	11.3%	6.1K	-396.7K	-1.9K	0.18	76.39	N/A	N/A	373	69	3,702	701
2022-04-14	$3.30	$2.50	75.8%	21.7%	117.1%	21.8%	98.9%	0.0%	28.5%	5.1K	-320.0K	-1.7K	0.31	44.91	N/A	N/A	143	45	3,791	701
2022-04-18	$3.23	$2.50	74.7%	21.4%	117.3%	21.3%	107.7%	0.0%	34.9%	5.0K	-283.8K	-1.7K	0.27	16.03	N/A	N/A	99	27	2,925	170
2022-04-19	$3.36	$2.50	98.2%	28.2%	117.5%	32.9%	89.2%	0.0%	26.6%	5.3K	-316.1K	-1.8K	0.31	62.39	N/A	N/A	87	27	2,978	177
2022-04-20	$3.57	$2.50	106.0%	30.4%	117.8%	36.8%	95.7%	0.0%	-12.8%	6.0K	-365.6K	-2.0K	0.31	59.52	N/A	N/A	87	27	2,982	177
2022-04-21	$3.23	$2.50	104.3%	29.9%	123.9%	35.9%	103.5%	0.0%	11.5%	5.1K	-301.2K	-1.8K	0.31	70.99	N/A	N/A	88	27	2,983	177
2022-04-22	$3.16	$2.50	62.9%	18.0%	124.1%	15.4%	63.7%	0.0%	38.6%	4.0K	-257.2K	-1.6K	0.53	16.24	N/A	N/A	45	24	2,984	182
2022-04-25	$2.95	$2.50	111.3%	31.9%	104.6%	39.3%	108.1%	0.0%	-11.0%	3.5K	-241.6K	-1.5K	0.47	30.29	N/A	N/A	49	23	2,991	184
2022-04-26	$3.05	$2.50	84.8%	24.3%	83.1%	26.3%	97.0%	0.0%	35.9%	2.3K	-197.4K	-1.1K	0.69	49.13	N/A	N/A	49	34	2,992	196
2022-04-27	$3.26	$2.50	115.0%	33.0%	77.4%	41.2%	124.4%	0.0%	-20.9%	4.8K	-312.7K	-1.8K	1.00	25.20	N/A	N/A	25	25	2,992	200
2022-04-28	$3.22	$2.50	72.3%	20.7%	76.6%	20.1%	82.4%	0.0%	-1.6%	4.2K	-300.2K	-1.7K	0.58	20.84	N/A	N/A	60	35	2,990	206
2022-04-29	$3.09	$2.50	110.9%	31.8%	76.1%	39.2%	103.0%	0.0%	-41.9%	3.6K	-300.1K	-1.7K	0.61	47.05	N/A	N/A	57	35	2,992	206