DLNG Options History — May 2023

In May 2023, DLNG traded between $2.40 and $2.73. ATM implied volatility averaged 78.3%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 21.5%. IV traded above realized volatility by 39.5% (HV 20d: 38.8%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.00.

Notable Days

  • 2023-05-23: Highest Volume — 500 contracts
  • 2023-05-09: Largest IV spike — 145.2% change
  • 2023-05-09: Highest IV Rank — 41.7%
  • 2023-05-24: Largest Expected Move — 38.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.53$2.40$2.73$2.73$2.50
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV78.3%50.4%140.1%67.0%108.9%
Expected Move21.5%13.8%38.4%19.2%31.2%
HV 20d38.8%32.3%44.7%32.3%39.3%
HV 60d39.4%37.6%40.6%37.6%40.2%
IV Rank17.4%6.4%41.7%13.0%29.5%
IV Percentile42.6%6.3%90.1%32.1%79.8%
Term Structure-25.5%-96.3%18.8%-34.1%-49.7%
VWIV108.2%52.9%151.3%52.9%120.4%
Bid-Ask Spread %89.8750.03136.3782.86121.22
Gamma HHI0.920.860.990.890.91
Net GEX-5.5K-6.8K-4.2K-5.3K-4.8K
Net DEX176.9K109.2K232.7K134.1K167.3K
Net VEX-1.5K-1.8K-1.4K-1.5K-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.0010.000.000.00
Total Volume54.31805003201
Total OI3,913.2273,5674,3813,5674,372

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$2.73$2.5067.0%19.2%32.3%13.0%0.0%0.0%-34.1%-5.3K134.1K-1.5K0.0082.86N/AN/A031,2412,326
2023-05-02$2.63$2.5050.4%14.4%34.0%6.4%0.0%0.0%0.4%-5.7K160.9K-1.5K0.0080.85N/AN/A10101,2412,326
2023-05-03$2.63$2.50112.2%32.2%33.7%30.8%0.0%0.0%-96.3%-5.5K173.5K-1.5K0.00114.75N/AN/A001,3422,326
2023-05-04$2.56$2.5065.0%16.6%33.1%12.1%0.0%0.0%0.7%-5.9K176.8K-1.5K0.0053.78N/AN/A0101,3422,326
2023-05-05$2.60$2.5055.5%15.5%33.7%8.4%0.0%0.0%18.8%-5.2K152.7K-1.5K0.0084.86N/AN/A001,3422,326
2023-05-08$2.54$2.5057.1%24.9%34.1%9.1%0.0%0.0%-52.3%-4.2K133.1K-1.4K0.0094.86N/AN/A001,3422,326
2023-05-09$2.42$2.50140.1%13.8%37.4%41.7%0.0%0.0%-9.5%-5.7K205.0K-1.4K0.0085.04N/AN/A001,3422,326
2023-05-10$2.46$2.5089.2%25.6%38.3%21.7%0.0%0.0%-9.0%-5.4K221.4K-1.4K0.00136.37N/AN/A15001,3422,326
2023-05-11$2.45$2.5064.4%18.5%37.2%11.9%0.0%0.0%4.9%-5.6K181.0K-1.5K0.0069.37N/AN/A10001,4922,326
2023-05-12$2.44$2.5061.2%17.5%37.1%10.7%0.0%0.0%8.6%-4.9K180.7K-1.5K0.0066.12N/AN/A101,5922,326
2023-05-15$2.40$2.5058.7%16.8%37.3%9.7%0.0%0.0%-0.9%-5.1K232.0K-1.4K0.0050.03N/AN/A1001,5912,326
2023-05-16$2.54$2.5068.0%19.5%43.5%13.3%0.0%0.0%-5.8%-5.5K174.4K-1.5K0.0072.09N/AN/A10001,5912,326
2023-05-17$2.59$2.5058.2%16.7%44.2%9.5%0.0%0.0%3.4%-5.3K159.9K-1.5K0.0050.26N/AN/A001,5912,326
2023-05-18$2.56$2.5055.7%16.0%44.3%8.5%0.0%0.0%6.6%-5.5K163.1K-1.5K0.0058.56N/AN/A001,5912,326
2023-05-19$2.57$2.5085.6%24.5%44.3%20.3%0.0%0.0%-68.3%-4.9K154.3K-1.5K0.00114.18N/AN/A001,5912,326
2023-05-22$2.55$2.5066.5%19.1%44.1%12.8%0.0%0.0%-13.7%-6.2K156.6K-1.5K0.00110.37N/AN/A101,5902,283
2023-05-23$2.60$2.5082.1%23.5%44.7%18.9%0.0%0.0%-94.4%-5.2K109.2K-1.4K0.00116.46N/AN/A05001,5912,283
2023-05-24$2.61$2.50134.1%38.4%42.8%39.4%0.0%0.0%-76.5%-5.7K174.8K-1.8K0.00131.74N/AN/A001,5912,783
2023-05-25$2.51$2.5061.4%17.6%38.9%10.7%52.9%0.0%-3.0%-6.5K223.8K-1.8K0.00105.97N/AN/A061,5912,783
2023-05-26$2.44$2.5067.2%19.3%39.8%13.0%0.0%0.0%-3.3%-6.8K232.7K-1.7K0.0067.38N/AN/A101,5912,789
2023-05-30$2.43$2.50113.2%32.5%39.4%31.2%151.3%0.0%-87.2%-6.1K224.7K-1.7K10.00110.00N/AN/A1101,5922,789
2023-05-31$2.50$2.50108.9%31.2%39.3%29.5%120.4%0.0%-49.7%-4.8K167.3K-1.6K0.00121.22N/AN/A20101,5932,779