DLNG Options History — April 2023

In April 2023, DLNG traded between $2.54 and $2.88. ATM implied volatility averaged 68.5%, placing in the 13.0% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded above realized volatility by 31.8% (HV 20d: 36.8%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 1.16.

Notable Days

  • 2023-04-20: Highest Volume — 400 contracts
  • 2023-04-19: Largest IV spike — 159.0% change
  • 2023-04-21: Highest IV Rank — 33.6%
  • 2023-04-21: Largest Expected Move — 34.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.72$2.54$2.88$2.88$2.70
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV68.5%34.2%119.5%117.7%42.0%
Expected Move18.8%9.8%34.3%33.7%12.1%
HV 20d36.8%20.0%48.1%48.1%32.0%
HV 60d39.3%34.6%42.2%41.7%37.5%
IV Rank13.0%0.0%33.6%32.1%3.1%
IV Percentile30.3%0.0%80.6%78.6%1.2%
Term Structure-5.8%-51.7%67.7%-51.7%8.2%
Bid-Ask Spread %81.6332.30130.28107.5685.54
Gamma HHI0.890.800.990.870.89
Net GEX-5.8K-8.5K-4.2K-5.1K-5.9K
Net DEX137.9K94.9K205.8K109.3K156.7K
Net VEX-1.3K-1.5K-1.1K-1.2K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.009.000.000.01
Total Volume67.05304001200
Total OI3,384.0532,9683,8032,9683,569

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$2.88$2.50117.7%33.7%48.1%32.1%0.0%0.0%-51.7%-5.1K109.3K-1.2K0.00107.56N/AN/A12009901,978
2023-04-04$2.83$2.5088.4%25.3%47.6%20.4%0.0%0.0%-23.7%-4.8K106.5K-1.2K0.0088.55N/AN/A011,1101,978
2023-04-05$2.74$2.5057.8%16.6%46.8%8.2%0.0%0.0%-19.4%-4.2K94.9K-1.2K0.7464.07N/AN/A121891,1101,979
2023-04-06$2.71$2.5080.8%13.7%45.9%17.4%0.0%0.0%-0.3%-5.0K159.7K-1.3K0.61100.91N/AN/A98601,2312,068
2023-04-10$2.74$2.5063.4%14.1%46.3%10.4%0.0%0.0%6.1%-5.5K129.8K-1.3K0.0785.48N/AN/A1511,3292,111
2023-04-11$2.75$2.5057.8%14.2%46.2%8.2%0.0%0.0%-7.8%-5.2K112.3K-1.2K0.0083.41N/AN/A001,3422,112
2023-04-12$2.75$2.5094.5%27.1%46.1%22.8%0.0%0.0%-8.3%-5.1K135.5K-1.3K0.00130.28N/AN/A001,3422,112
2023-04-13$2.80$2.5061.4%17.6%44.5%9.6%0.0%0.0%9.7%-5.4K110.2K-1.2K0.0063.29N/AN/A001,3422,112
2023-04-14$2.76$2.5038.9%11.2%44.1%0.6%0.0%0.0%18.5%-5.3K116.8K-1.2K0.0033.13N/AN/A001,3422,112
2023-04-17$2.73$2.5060.7%17.4%43.1%9.3%0.0%0.0%-0.0%-5.2K135.1K-1.2K0.0072.97N/AN/A101,2892,112
2023-04-18$2.71$2.5034.2%9.8%43.1%0.0%0.0%0.0%16.8%-6.1K128.2K-1.2K0.0032.30N/AN/A101,2892,115
2023-04-19$2.69$2.5088.5%25.4%24.6%21.4%0.0%0.0%-47.5%-6.1K130.1K-1.2K0.0084.17N/AN/A001,2892,115
2023-04-20$2.67$2.5059.3%17.0%24.0%9.9%0.0%0.0%67.7%-5.6K125.7K-1.1K0.0080.93N/AN/A04001,2882,115
2023-04-21$2.68$2.50119.5%34.3%20.7%33.6%0.0%0.0%-21.5%-7.4K168.8K-1.4K0.00102.87N/AN/A401,2882,515
2023-04-24$2.64$2.5059.0%16.9%20.1%9.8%0.0%0.0%-16.1%-7.4K178.8K-1.4K9.0079.87N/AN/A199582,295
2023-04-25$2.63$2.5062.1%17.8%20.0%11.0%0.0%0.0%-11.2%-8.5K205.8K-1.4K0.0181.79N/AN/A30049592,303
2023-04-26$2.54$2.5054.5%15.6%22.6%8.0%0.0%0.0%-8.4%-6.7K182.6K-1.5K0.00129.94N/AN/A0291,2422,306
2023-04-27$2.70$2.5061.9%17.7%32.4%10.9%0.0%0.0%-21.3%-5.3K133.7K-1.5K0.0043.91N/AN/A0201,2422,308
2023-04-28$2.70$2.5042.0%12.1%32.0%3.1%0.0%0.0%8.2%-5.9K156.7K-1.5K0.0085.54N/AN/A001,2412,328