DLNG Options History — January 2023

In January 2023, DLNG traded between $2.63 and $3.00. ATM implied volatility averaged 73.9%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 20.2%. IV traded below realized volatility by 18.9% (HV 20d: 92.9%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 6.84.

Notable Days

  • 2023-01-20: Highest Volume — 430 contracts
  • 2023-01-27: Largest IV spike — 168.1% change
  • 2023-01-27: Highest IV Rank — 53.5%
  • 2023-01-27: Largest Expected Move — 44.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.90$2.63$3.00$2.87$2.98
Max Pain$3.00$2.50$5.00$2.50$2.50
ATM IV73.9%46.2%153.6%91.4%54.1%
Expected Move20.2%13.2%44.0%26.2%15.5%
HV 20d92.9%56.8%99.3%98.2%56.8%
HV 60d63.4%61.3%64.8%63.8%64.8%
IV Rank17.1%4.4%53.5%25.1%8.0%
IV Percentile33.4%4.0%91.3%59.5%6.0%
Term Structure-0.0%-73.0%59.9%-25.7%4.0%
VWIV66.5%48.8%105.2%105.2%49.1%
Bid-Ask Spread %46.6310.6283.7063.3310.62
Gamma HHI0.730.540.840.540.75
Net GEX-1.9K-3.5K-350-350-2.4K
Net DEX6.0K-42.6K84.0K-35.1K48.9K
Net VEX-666-847-417-489-768
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.840.0068.330.000.00
Total Volume77.704301281
Total OI2,132.851,8132,3751,9771,942

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$2.87$2.5091.4%26.2%98.2%25.1%105.2%0.0%-25.7%-350-35.1K-4890.0063.33N/AN/A12801,203774
2023-01-04$2.99$2.5075.7%21.7%99.3%17.9%76.4%0.0%-16.0%-855-42.6K-41713.1620.85N/AN/A192501,103774
2023-01-05$3.00$2.5077.1%14.2%99.0%18.6%0.0%0.0%14.8%-1.3K-24.1K-5790.0062.53N/AN/A201,0961,024
2023-01-06$2.94$2.5077.4%16.1%99.1%18.7%0.0%0.0%14.8%-1.2K-22.2K-6620.2572.76N/AN/A411,1931,024
2023-01-09$2.97$2.5068.6%19.5%98.2%14.7%80.5%0.0%12.7%-1.2K-31.2K-6570.6448.49N/AN/A1171,1931,024
2023-01-10$2.98$5.0070.8%14.1%98.2%15.7%0.0%0.0%9.5%-1.4K-28.5K-6110.0624.63N/AN/A10461,1841,031
2023-01-11$2.97$5.0046.2%13.2%92.6%4.4%0.0%0.0%16.0%-1.4K-35.2K-6410.0017.48N/AN/A201,2841,031
2023-01-12$2.92$5.0088.6%25.4%91.9%23.8%0.0%0.0%-20.6%-938-22.3K-6920.0061.26N/AN/A001,2861,032
2023-01-13$2.94$5.0048.9%14.0%90.9%5.7%48.8%0.0%15.3%-1.4K-41.5K-6730.0021.42N/AN/A2201,2861,032
2023-01-17$2.85$2.5074.3%21.3%91.9%17.3%68.7%0.0%5.7%-1.6K-21.4K-6430.0048.90N/AN/A801,2841,032
2023-01-18$2.77$2.5081.5%23.4%92.6%20.5%0.0%0.0%-17.8%-1.7K-12.7K-6140.0062.94N/AN/A6401,2841,032
2023-01-19$2.72$2.5067.6%19.4%92.0%14.2%66.0%0.0%-4.7%-2.0K-4.8K-60518.0051.79N/AN/A1181,3421,032
2023-01-20$2.63$2.5060.8%17.4%93.0%11.1%59.6%0.0%-3.9%-2.6K6.6K-5712.4183.70N/AN/A1263041,3431,032
2023-01-23$2.87$2.5056.3%16.1%97.7%9.0%61.6%0.0%59.9%-3.0K58.3K-74068.3380.48N/AN/A32056261,187
2023-01-24$2.79$2.50100.5%28.8%97.5%29.3%0.0%0.0%-73.0%-3.5K84.0K-8470.0062.72N/AN/A13706291,378
2023-01-25$2.93$2.5073.7%21.1%98.6%17.0%0.0%0.0%19.4%-3.4K75.5K-84212.5033.57N/AN/A2256361,378
2023-01-26$2.92$2.5057.3%16.4%97.8%9.5%49.1%0.0%-3.4%-3.5K63.3K-7990.0017.96N/AN/A01006391,403
2023-01-27$2.96$2.50153.6%44.0%85.8%53.5%0.0%0.0%-23.4%-2.4K55.3K-6910.0076.62N/AN/A006391,303
2023-01-30$2.96$2.5054.3%15.6%86.0%8.1%0.0%0.0%16.4%-2.5K50.1K-7751.0010.62N/AN/A226391,303
2023-01-31$2.98$2.5054.1%15.5%56.8%8.0%49.1%0.0%4.0%-2.4K48.9K-7680.0010.62N/AN/A106411,301