DLNG Options History — March 2023

In March 2023, DLNG traded between $2.73 and $3.10. ATM implied volatility averaged 84.3%, placing in the 20.2% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 43.7% (HV 20d: 40.6%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 12.35.

Notable Days

  • 2023-03-13: Highest Volume — 500 contracts
  • 2023-03-15: Largest IV drop — 76.9% change
  • 2023-03-14: Highest IV Rank — 100.0%
  • 2023-03-30: Largest Expected Move — 25.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.91$2.73$3.10$3.10$2.84
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV84.3%42.7%287.9%74.0%68.3%
Expected Move16.5%11.2%25.2%21.2%19.6%
HV 20d40.6%31.6%50.1%31.6%47.7%
HV 60d60.7%41.6%65.2%64.4%41.6%
IV Rank20.2%2.1%100.0%16.8%12.4%
IV Percentile34.9%0.4%100.0%36.9%29.8%
Term Structure-3.6%-61.6%68.5%-36.6%-28.2%
VWIV66.3%54.7%82.9%82.9%70.2%
Bid-Ask Spread %42.4717.7583.2228.8151.59
Gamma HHI0.800.600.940.710.87
Net GEX-3.1K-5.3K-1.2K-1.8K-4.7K
Net DEX62.6K10.0K112.9K21.7K93.4K
Net VEX-998-1.4K-590-600-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio12.350.00200.000.000.00
Total Volume63.6090500399
Total OI2,430.1741,8142,9261,8142,869

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$3.10$2.5074.0%21.2%31.6%16.8%0.0%0.0%-36.6%-1.8K21.7K-6000.0028.81N/AN/A307391,075
2023-03-02$3.10$2.5068.3%19.6%31.6%14.2%82.9%0.0%-38.8%-1.8K22.8K-6010.0061.46N/AN/A207391,075
2023-03-03$3.04$2.5068.7%19.7%32.4%14.4%0.0%0.0%-40.8%-2.0K28.0K-6270.0067.49N/AN/A007411,075
2023-03-06$3.02$2.5087.0%15.2%32.5%22.8%0.0%0.0%-0.6%-1.2K13.6K-6520.0019.77N/AN/A007411,075
2023-03-07$2.94$2.5065.9%11.2%33.8%13.1%0.0%0.0%20.6%-1.5K10.0K-6000.0018.02N/AN/A007411,075
2023-03-08$3.04$2.5085.8%13.5%35.9%22.2%54.7%0.0%13.8%-1.9K33.0K-6600.0023.04N/AN/A507411,075
2023-03-09$2.95$2.50134.0%16.9%36.9%44.3%0.0%0.0%-34.9%-2.4K37.2K-590200.0045.44N/AN/A12007411,075
2023-03-10$2.94$2.50135.1%13.9%36.5%44.9%0.0%0.0%19.9%-2.7K66.4K-7901.0067.32N/AN/A117411,275
2023-03-13$2.90$2.50186.7%18.7%36.5%68.5%57.8%0.0%11.3%-2.0K48.9K-8324.0063.07N/AN/A1004007411,276
2023-03-14$2.88$2.50287.9%15.1%35.9%100.0%0.0%0.0%0.5%-3.3K86.7K-1.1K0.0035.23N/AN/A108411,686
2023-03-15$2.77$2.5066.5%19.1%38.0%11.6%66.0%0.0%-3.3%-3.1K88.3K-1.1K1.3746.15N/AN/A2062838421,686
2023-03-16$2.83$2.5047.1%13.5%38.3%3.9%0.0%0.0%68.5%-3.3K88.9K-1.4K3.0017.75N/AN/A139641,956
2023-03-17$2.75$2.5063.3%18.2%37.7%10.4%0.0%0.0%-4.2%-3.5K102.7K-1.4K0.0042.25N/AN/A1209671,959
2023-03-20$2.73$2.5048.1%13.8%36.2%4.3%0.0%0.0%4.4%-3.6K96.0K-1.3K0.0022.73N/AN/A109641,956
2023-03-21$3.00$2.5043.0%12.3%49.6%2.2%0.0%0.0%31.1%-4.8K50.8K-1.2K0.0022.54N/AN/A209651,956
2023-03-22$2.94$2.5048.0%13.8%50.1%4.2%0.0%0.0%-2.3%-3.7K41.4K-1.3K0.0032.99N/AN/A009671,956
2023-03-23$2.83$2.5071.9%20.6%49.6%13.8%0.0%0.0%-0.5%-2.5K50.7K-1.2K0.0072.20N/AN/A108181,956
2023-03-24$2.87$2.5053.3%15.3%49.8%6.4%0.0%0.0%-17.1%-4.0K91.5K-1.2K0.0033.72N/AN/A708181,956
2023-03-27$2.84$2.5047.6%13.6%49.6%4.1%0.0%0.0%28.6%-4.0K83.8K-1.1K0.0083.22N/AN/A008191,956
2023-03-28$2.85$2.5042.7%12.2%48.4%2.1%0.0%0.0%0.2%-3.4K82.4K-1.3K0.0036.48N/AN/A008191,956
2023-03-29$2.88$2.5058.1%16.7%47.7%8.3%70.2%0.0%-12.8%-4.0K88.6K-1.2K0.0031.38N/AN/A1008191,956
2023-03-30$2.83$2.5087.7%25.2%48.0%20.1%0.0%0.0%-61.6%-5.3K112.9K-1.1K0.4954.10N/AN/A83418091,937
2023-03-31$2.84$2.5068.3%19.6%47.7%12.4%0.0%0.0%-28.2%-4.7K93.4K-1.2K0.0051.59N/AN/A9908911,978