DLNG Options History — July 2023

In July 2023, DLNG traded between $2.46 and $3.13. ATM implied volatility averaged 51.5%, placing in the 6.8% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded below realized volatility by 5.3% (HV 20d: 56.8%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 9.55.

Notable Days

  • 2023-07-12: Highest Volume — 145 contracts
  • 2023-07-31: Largest IV spike — 77.3% change
  • 2023-07-31: Highest IV Rank — 18.1%
  • 2023-07-31: Largest Expected Move — 22.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.83$2.46$3.13$2.49$2.82
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV51.5%37.1%80.0%50.5%80.0%
Expected Move14.3%10.6%22.9%14.5%22.9%
HV 20d56.8%44.4%63.2%53.2%61.5%
HV 60d47.9%41.8%51.6%41.8%51.6%
IV Rank6.8%1.2%18.1%6.4%18.1%
IV Percentile15.1%0.4%67.5%9.5%67.5%
Term Structure-7.1%-27.2%15.1%-1.3%-21.1%
VWIV45.8%32.7%55.7%32.7%51.9%
Bid-Ask Spread %53.7713.1298.4858.4580.04
Gamma HHI0.990.931.001.000.97
Net GEX-10.3K-17.9K-3.6K-14.6K-8.1K
Net DEX163.2K-45.9K351.6K351.6K175.7K
Net VEX-1.1K-1.5K-41-1.5K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio9.550.0086.005.000.00
Total Volume26.05014540
Total OI4,122.92,7664,8574,5392,843

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$2.49$2.5050.5%14.5%53.2%6.4%0.0%0.0%-1.3%-14.6K351.6K-1.5K0.0058.45N/AN/A041,2753,264
2023-07-05$2.51$2.5046.8%13.4%52.6%5.0%32.7%0.0%-25.5%-12.2K295.7K-1.5K5.0049.14N/AN/A2101,2753,268
2023-07-06$2.46$2.5055.4%15.8%53.0%8.4%0.0%0.0%-10.8%-14.6K350.1K-1.5K0.0048.91N/AN/A201,2733,278
2023-07-07$2.54$2.5053.1%15.7%54.3%7.5%0.0%0.0%-3.5%-16.7K350.6K-1.4K0.0086.35N/AN/A001,2743,278
2023-07-10$2.56$2.5063.9%10.8%45.8%11.7%0.0%0.0%4.8%-15.0K318.3K-1.4K0.0058.81N/AN/A1701,2743,278
2023-07-11$2.58$2.5058.8%14.2%44.4%9.7%46.2%0.0%1.0%-16.7K314.7K-1.4K86.0098.48N/AN/A1861,2913,278
2023-07-12$2.51$2.5041.3%11.8%45.1%2.8%41.7%0.0%2.8%-17.9K327.8K-1.5K1.6456.63N/AN/A55901,2923,412
2023-07-13$2.81$2.5045.0%12.9%61.1%4.3%0.0%0.0%-6.9%-12.2K138.3K-1.3K1.5070.60N/AN/A691,3463,502
2023-07-14$3.04$2.5043.6%12.5%62.6%3.7%43.5%0.0%2.8%-9.4K111.3K-1.2K0.0319.37N/AN/A3511,3413,516
2023-07-17$3.08$2.5048.3%13.8%62.1%5.6%49.1%0.0%-11.3%-7.3K40.4K-8040.3221.07N/AN/A31101,2513,516
2023-07-18$3.13$2.5037.1%10.6%62.2%1.2%0.0%0.0%15.1%-6.3K11.7K-6380.0013.12N/AN/A001,2643,516
2023-07-19$3.05$2.5051.7%14.8%63.2%6.9%55.7%0.0%-11.8%-3.6K-45.9K-4120.0075.82N/AN/A2401,2643,516
2023-07-20$3.07$2.5051.4%14.7%59.9%6.8%0.0%0.0%10.9%-5.6K82.0K-1.1K0.0039.40N/AN/A001,2643,476
2023-07-21$3.01$2.5050.8%14.6%60.7%6.6%0.0%0.0%-9.7%-8.1K84.7K-9760.0036.81N/AN/A3601,2643,476
2023-07-24$3.12$2.5051.6%14.8%57.1%6.9%0.0%0.0%6.7%-4.2K-48-3190.1532.61N/AN/A4062122,554
2023-07-25$3.02$2.5054.3%15.6%57.8%7.9%0.0%0.0%-19.3%-6.7K26.4K-5230.0042.49N/AN/A0352522,554
2023-07-26$2.90$2.5051.7%14.8%60.1%6.9%0.0%0.0%-27.2%-8.0K102.4K-9730.0071.75N/AN/A002522,588
2023-07-27$2.87$2.5049.0%14.1%59.8%5.9%0.0%0.0%-18.4%-9.6K167.7K-1.2K0.0046.18N/AN/A012522,588
2023-07-28$2.94$2.5045.1%12.9%59.8%4.3%51.9%0.0%-19.1%-9.1K61.3K-7410.0069.37N/AN/A202522,589
2023-07-31$2.82$2.5080.0%22.9%61.5%18.1%0.0%0.0%-21.1%-8.1K175.7K-1.2K0.0080.04N/AN/A002542,589