DLNG Options History — May 2022

In May 2022, DLNG traded between $3.06 and $4.19. ATM implied volatility averaged 127.0%, placing in the 47.1% IV rank vs the trailing year. The 30-day expected move averaged 36.9%. IV traded above realized volatility by 56.0% (HV 20d: 71.0%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.52.

Notable Days

  • 2022-05-13: Highest Volume — 298 contracts
  • 2022-05-24: Largest IV spike — 67.8% change
  • 2022-05-24: Highest IV Rank — 79.5%
  • 2022-05-09: Largest Expected Move — 58.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.59$3.06$4.19$3.06$4.11
Max Pain$4.29$2.50$5.00$2.50$5.00
ATM IV127.0%91.5%192.5%148.1%101.0%
Expected Move36.9%26.2%58.2%42.5%28.9%
HV 20d71.0%54.2%80.4%75.2%65.9%
HV 60d93.3%88.4%95.6%94.1%89.1%
IV Rank47.1%29.6%79.5%57.6%34.3%
IV Percentile84.7%66.7%97.6%93.3%72.6%
Term Structure-26.4%-132.9%32.4%-132.9%-5.3%
VWIV121.1%89.8%175.1%96.0%117.1%
Bid-Ask Spread %82.9234.72110.7393.9434.72
Gamma HHI0.590.530.640.600.61
Net GEX5.3K4.2K7.5K4.3K7.3K
Net DEX-371.1K-490.4K-238.2K-238.2K-490.4K
Net VEX-1.8K-2.0K-1.5K-1.5K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.182.280.460.98
Total Volume1717629811197
Total OI3,126.3332,7183,3453,1992,924

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$3.06$2.50148.1%42.5%75.2%57.6%96.0%0.0%-132.9%4.3K-238.2K-1.5K0.4693.94N/AN/A76352,993206
2022-05-03$3.23$2.5093.6%26.8%75.8%30.6%115.5%0.0%-29.2%4.9K-319.2K-1.7K0.2556.89N/AN/A140352,993206
2022-05-04$3.30$2.50103.7%29.7%75.0%35.6%90.3%0.0%-44.2%4.6K-324.5K-1.7K0.3768.09N/AN/A94353,013206
2022-05-05$3.36$2.50146.2%57.5%75.4%56.6%139.6%0.0%-95.3%4.3K-340.8K-1.8K0.41109.57N/AN/A86353,014206
2022-05-06$3.59$2.50113.0%27.5%79.5%40.2%122.5%0.0%23.8%5.1K-334.4K-1.7K0.4386.72N/AN/A81353,017206
2022-05-09$3.52$2.50171.2%58.2%79.7%68.9%175.1%0.0%-39.0%4.8K-353.9K-1.8K0.66110.73N/AN/A68453,019206
2022-05-10$3.38$5.00177.6%41.7%79.3%72.1%104.6%0.0%-108.7%5.3K-343.1K-1.7K0.5887.59N/AN/A77453,045216
2022-05-11$3.36$5.00128.0%36.7%79.3%47.6%125.1%0.0%-23.9%4.6K-344.7K-1.7K0.3880.98N/AN/A119453,055216
2022-05-12$3.22$5.00124.7%35.8%80.4%46.0%152.6%0.0%-20.2%4.2K-342.7K-1.7K0.3880.55N/AN/A118453,128216
2022-05-13$3.35$5.00129.3%37.1%74.6%48.3%147.7%0.0%-10.6%4.6K-394.5K-1.8K0.1872.50N/AN/A252463,129216
2022-05-16$3.50$5.00127.8%36.6%75.6%47.5%116.8%0.0%32.4%4.9K-336.4K-1.8K0.1890.47N/AN/A252463,055217
2022-05-17$3.53$5.00124.9%35.8%74.5%46.0%120.5%0.0%-13.9%5.0K-384.8K-1.8K0.1872.55N/AN/A252463,051217
2022-05-18$3.58$5.00119.8%34.4%71.4%43.6%123.8%0.0%-2.0%5.0K-358.4K-1.8K0.2165.81N/AN/A223463,051217
2022-05-19$3.74$5.00143.9%41.2%62.3%55.4%139.4%0.0%-45.6%5.5K-391.7K-1.8K0.8494.08N/AN/A55463,053217
2022-05-20$3.75$5.00123.3%35.3%61.4%45.3%117.9%0.0%18.3%5.4K-395.1K-1.9K2.2890.13N/AN/A611393,022220
2022-05-23$3.78$5.00114.8%32.9%54.2%41.1%109.2%0.0%-6.8%5.4K-371.4K-1.8K0.3881.51N/AN/A97372,551167
2022-05-24$3.68$5.00192.5%55.2%55.3%79.5%134.2%0.0%-43.0%5.5K-344.1K-1.7K0.38102.26N/AN/A97372,558167
2022-05-25$4.15$5.0096.5%27.7%65.1%32.0%89.8%0.0%-0.8%6.6K-458.0K-2.0K0.1895.61N/AN/A204372,558167
2022-05-26$4.19$5.0095.4%27.4%64.4%31.5%95.3%0.0%-1.1%7.5K-479.5K-2.0K0.1994.44N/AN/A194372,653167
2022-05-27$3.97$5.0091.5%26.2%66.0%29.6%109.8%0.0%-7.3%7.0K-447.1K-1.9K0.9572.23N/AN/A39372,748167
2022-05-31$4.11$5.00101.0%28.9%65.9%34.3%117.1%0.0%-5.3%7.3K-490.4K-1.9K0.9834.72N/AN/A49482,757167