DLNG Options History — August 2023

In August 2023, DLNG traded between $2.71 and $2.91. ATM implied volatility averaged 87.9%, placing in the 21.2% IV rank vs the trailing year. The 30-day expected move averaged 26.2%. IV traded above realized volatility by 44.0% (HV 20d: 43.9%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 1 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.44.

Notable Days

  • 2023-08-09: Highest Volume — 79 contracts
  • 2023-08-25: Largest IV spike — 128.3% change
  • 2023-08-16: Highest IV Rank — 39.8%
  • 2023-08-16: Largest Expected Move — 38.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.78$2.71$2.91$2.84$2.71
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV87.9%46.7%135.0%74.4%49.3%
Expected Move26.2%13.4%38.7%21.3%14.1%
HV 20d43.9%27.2%61.7%61.4%27.2%
HV 60d50.3%49.1%51.3%51.3%49.2%
IV Rank21.2%4.9%39.8%15.9%6.0%
IV Percentile65.0%7.1%95.6%61.5%12.7%
Term Structure-18.0%-77.2%53.2%-29.4%-4.0%
VWIV93.8%93.8%93.8%93.8%93.8%
Bid-Ask Spread %97.6259.75122.2175.3374.27
Gamma HHI0.960.591.000.981.00
Net GEX-11.9K-30.3K288-9.5K-22.3K
Net DEX173.1K-23.7K237.0K143.6K192.2K
Net VEX-961-1.2K-66-1.1K-823
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.002.000.002.00
Total Volume6.65207923
Total OI2,874.872,8322,9312,8432,832

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$2.84$2.5074.4%21.3%61.4%15.9%0.0%0.0%-29.4%-9.5K143.6K-1.1K0.0075.33N/AN/A202542,589
2023-08-02$2.81$2.5078.3%22.4%61.7%17.4%0.0%0.0%-26.6%-10.3K160.1K-1.1K0.0093.98N/AN/A042552,589
2023-08-03$2.88$0.0077.0%37.2%61.3%16.9%0.0%0.0%53.2%-6.0K180.5K-1.2K0.00122.21N/AN/A002552,589
2023-08-04$2.83$0.0082.6%26.9%61.2%19.1%0.0%0.0%-10.0%-11.0K120.6K-9420.00116.28N/AN/A002552,589
2023-08-07$2.87$0.0076.0%27.5%61.3%16.5%0.0%0.0%12.5%-9.3K137.7K-1.0K0.0098.97N/AN/A002552,589
2023-08-08$2.88$0.0094.3%26.6%61.3%23.7%0.0%0.0%23.3%-10.7K132.0K-9630.00119.69N/AN/A012552,589
2023-08-09$2.79$0.00101.2%29.0%61.6%26.4%0.0%0.0%10.7%-8.2K193.5K-1.2K0.0083.58N/AN/A0792552,590
2023-08-10$2.91$0.00123.0%35.3%49.1%35.0%0.0%0.0%-7.1%288-23.7K-660.00109.12N/AN/A002552,669
2023-08-11$2.82$0.00123.4%35.4%41.1%35.2%0.0%0.0%-49.2%-30.3K48.0K-3580.00104.48N/AN/A002552,669
2023-08-14$2.75$0.00105.8%30.3%41.2%28.2%0.0%0.0%-7.2%-12.9K221.0K-1.1K0.0098.48N/AN/A062552,669
2023-08-15$2.79$0.00132.1%37.9%41.1%38.6%0.0%0.0%13.4%-6.8K201.2K-1.1K0.00104.28N/AN/A002552,675
2023-08-16$2.77$0.00135.0%38.7%40.4%39.8%0.0%0.0%-59.2%-14.5K207.3K-1.0K0.00104.48N/AN/A102552,675
2023-08-17$2.75$0.0092.8%26.6%40.2%23.1%0.0%0.0%-60.9%-16.2K208.3K-1.0K1.00113.27N/AN/A112552,675
2023-08-18$2.71$0.00118.8%34.1%40.0%33.4%93.8%0.0%-41.7%-12.6K205.1K-1.1K0.11113.86N/AN/A1822562,675
2023-08-21$2.72$2.5057.2%16.4%37.2%9.1%0.0%0.0%-28.0%-11.8K213.5K-1.0K0.0085.97N/AN/A101952,667
2023-08-22$2.75$2.5086.8%24.9%36.4%20.8%0.0%0.0%-77.2%-11.2K221.8K-1.1K0.0059.75N/AN/A001962,667
2023-08-23$2.74$2.5048.8%14.0%33.8%5.8%0.0%0.0%-17.1%-14.6K215.0K-1.0K0.0083.09N/AN/A001962,667
2023-08-24$2.73$2.5050.3%14.4%33.7%6.4%0.0%0.0%-4.3%-10.5K195.5K-1.0K0.0084.00N/AN/A001962,667
2023-08-25$2.73$2.50114.9%32.9%32.2%31.8%0.0%0.0%-73.4%-14.0K237.0K-1.0K0.00113.88N/AN/A001962,667
2023-08-28$2.73$2.5072.7%20.8%29.0%15.2%0.0%0.0%-63.8%-9.2K216.2K-1.0K0.0089.25N/AN/A301962,667
2023-08-29$2.75$2.5080.0%22.9%29.0%18.1%0.0%0.0%39.1%-7.6K150.9K-8690.00105.22N/AN/A0101942,667
2023-08-30$2.73$2.5046.7%13.4%28.8%4.9%0.0%0.0%-6.2%-13.4K203.6K-9530.0091.81N/AN/A0211942,657
2023-08-31$2.71$2.5049.3%14.1%27.2%6.0%0.0%0.0%-4.0%-22.3K192.2K-8232.0074.27N/AN/A121942,638