DLNG Options History — July 2022

In July 2022, DLNG traded between $3.03 and $3.42. ATM implied volatility averaged 112.2%, placing in the 39.8% IV rank vs the trailing year. The 30-day expected move averaged 28.8%. IV traded above realized volatility by 42.2% (HV 20d: 70.0%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 1.23.

Notable Days

2022-07-18: Highest Volume — 307 contracts
2022-07-27: Largest IV spike — 152.5% change
2022-07-01: Highest IV Rank — 73.1%
2022-07-01: Largest Expected Move — 51.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.23	$3.03	$3.42	$3.18	$3.35
Max Pain	$3.00	$2.50	$5.00	$2.50	$2.50
ATM IV	112.2%	54.7%	179.6%	179.6%	152.3%
Expected Move	28.8%	15.7%	51.5%	51.5%	43.7%
HV 20d	70.0%	55.1%	86.8%	84.6%	55.1%
HV 60d	73.8%	70.3%	77.2%	76.1%	70.3%
IV Rank	39.8%	11.4%	73.1%	73.1%	59.6%
IV Percentile	68.3%	24.6%	94.8%	94.8%	89.7%
Term Structure	-18.6%	-135.6%	59.1%	-135.6%	23.3%
VWIV	103.6%	54.1%	182.8%	182.8%	149.2%
Bid-Ask Spread %	47.03	10.55	94.57	75.41	94.57
Gamma HHI	0.53	0.48	0.60	0.60	0.58
Net GEX	2.5K	397	4.3K	4.3K	2.6K
Net DEX	-175.2K	-224.4K	-121.0K	-219.6K	-187.0K
Net VEX	-946	-1.2K	-280	-1.2K	-927
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.23	0.14	3.80	0.44	0.15
Total Volume	167.6	67	307	131	262
Total OI	2,712.75	2,075	3,238	3,161	2,221

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
2022-07-01	$3.18	$2.50	179.6%	51.5%	84.6%	73.1%	182.8%	0.0%	-135.6%	4.3K	-219.6K	-1.2K	0.44	75.41	N/A	N/A	91	40	2,844	317
2022-07-05	$3.13	$2.50	170.4%	20.2%	84.2%	68.6%	70.0%	0.0%	-22.7%	2.5K	-224.4K	-1.1K	0.56	37.83	N/A	N/A	91	51	2,843	336
2022-07-06	$3.09	$2.50	156.6%	23.6%	84.0%	61.7%	75.9%	0.0%	1.8%	3.1K	-167.5K	-974	1.55	39.73	N/A	N/A	33	51	2,843	350
2022-07-07	$3.28	$2.50	136.9%	33.4%	86.8%	52.0%	116.1%	0.0%	-64.9%	2.6K	-199.3K	-1.0K	1.89	71.29	N/A	N/A	27	51	2,847	360
2022-07-08	$3.21	$2.50	116.5%	46.9%	86.2%	41.9%	162.9%	0.0%	-76.7%	2.5K	-188.7K	-970	2.11	51.80	N/A	N/A	27	57	2,848	360
2022-07-11	$3.20	$2.50	128.3%	23.4%	84.8%	47.8%	92.5%	0.0%	10.7%	2.3K	-168.3K	-869	3.80	40.65	N/A	N/A	20	76	2,848	380
2022-07-12	$3.14	$5.00	127.0%	24.6%	84.4%	47.1%	113.3%	0.0%	-3.8%	2.3K	-161.6K	-880	1.36	40.20	N/A	N/A	56	76	2,848	390
2022-07-13	$3.14	$5.00	78.5%	22.5%	77.7%	23.2%	99.9%	0.0%	6.0%	2.2K	-161.1K	-878	2.62	15.58	N/A	N/A	29	76	2,823	390
2022-07-14	$3.03	$5.00	82.0%	23.5%	76.5%	24.9%	81.8%	0.0%	-80.3%	2.1K	-144.5K	-835	2.81	44.78	N/A	N/A	27	76	2,811	390
2022-07-15	$3.06	$5.00	77.9%	22.3%	64.9%	22.9%	77.7%	0.0%	-3.4%	2.0K	-144.1K	-853	2.21	17.05	N/A	N/A	39	86	2,811	400
2022-07-18	$3.28	$2.50	71.4%	20.5%	56.0%	19.6%	70.1%	0.0%	22.0%	2.3K	-142.4K	-843	0.18	10.55	N/A	N/A	260	47	1,767	308
2022-07-19	$3.39	$2.50	64.5%	18.5%	57.1%	16.2%	64.8%	0.0%	-19.8%	3.0K	-193.0K	-1.1K	1.77	56.24	N/A	N/A	26	46	1,974	309
2022-07-20	$3.42	$2.50	137.3%	39.4%	55.8%	52.2%	134.6%	0.0%	-31.6%	3.1K	-196.7K	-1.1K	2.19	61.03	N/A	N/A	21	46	1,976	309
2022-07-21	$3.16	$2.50	134.8%	38.7%	60.8%	51.0%	132.9%	0.0%	28.8%	2.6K	-160.3K	-1.0K	0.15	67.00	N/A	N/A	220	33	1,978	309
2022-07-22	$3.21	$2.50	69.5%	19.9%	60.2%	18.7%	69.7%	0.0%	-29.1%	397	-121.0K	-280	0.15	50.78	N/A	N/A	218	33	1,893	311
2022-07-25	$3.39	$2.50	97.1%	27.8%	62.4%	32.4%	98.8%	0.0%	-83.6%	2.8K	-171.0K	-945	0.14	25.18	N/A	N/A	233	33	1,892	311
2022-07-26	$3.37	$2.50	54.7%	15.7%	61.7%	11.4%	54.1%	0.0%	-3.7%	2.9K	-183.3K	-1.0K	0.14	15.60	N/A	N/A	233	33	1,908	311
2022-07-27	$3.37	$2.50	138.0%	39.6%	59.1%	52.6%	134.6%	0.0%	59.1%	2.6K	-197.9K	-1.1K	0.14	84.88	N/A	N/A	233	33	1,908	311
2022-07-28	$3.29	$2.50	71.1%	20.4%	57.4%	19.5%	90.9%	0.0%	31.1%	2.7K	-172.2K	-988	0.15	40.49	N/A	N/A	228	34	1,909	311
2022-07-29	$3.35	$2.50	152.3%	43.7%	55.1%	59.6%	149.2%	0.0%	23.3%	2.6K	-187.0K	-927	0.15	94.57	N/A	N/A	228	34	1,909	312