DLNG Options History — September 2023

In September 2023, DLNG traded between $2.60 and $2.75. ATM implied volatility averaged 71.1%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 46.9% (HV 20d: 24.2%). 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 10 of 20 days. Put/call ratio averaged 0.66.

Notable Days

  • 2023-09-15: Highest Volume — 57 contracts
  • 2023-09-07: Largest IV spike — 163.5% change
  • 2023-09-11: Highest IV Rank — 73.5%
  • 2023-09-18: Largest Expected Move — 21.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.67$2.60$2.75$2.75$2.70
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV71.1%28.6%220.7%62.4%42.0%
Expected Move13.0%8.2%21.6%17.9%12.0%
HV 20d24.2%21.0%29.1%27.3%26.1%
HV 60d43.9%41.3%49.2%49.2%41.5%
IV Rank15.7%0.0%73.5%11.1%5.2%
IV Percentile33.2%0.0%98.8%39.3%6.0%
Term Structure2.7%-40.2%46.3%-18.4%-9.9%
VWIV44.7%41.0%48.3%41.0%48.3%
Bid-Ask Spread %58.8925.76113.95103.2235.24
Gamma HHI1.000.991.001.001.00
Net GEX-17.9K-25.6K-10.1K-14.4K-19.6K
Net DEX180.1K137.2K254.9K198.6K137.2K
Net VEX-723-945-529-885-529
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.003.380.000.00
Total Volume8.2505712
Total OI2,884.152,8332,9162,8332,916

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$2.75$2.5062.4%17.9%27.3%11.1%0.0%0.0%-18.4%-14.4K198.6K-8850.00103.22N/AN/A011932,640
2023-09-05$2.71$2.5098.5%16.1%27.1%25.4%0.0%0.0%-12.9%-11.1K202.1K-8910.0066.45N/AN/A0201932,641
2023-09-06$2.62$2.5060.4%13.8%29.1%10.4%0.0%0.0%-14.4%-14.4K210.3K-8970.0047.92N/AN/A001932,661
2023-09-07$2.60$2.50159.2%15.9%27.3%49.3%0.0%0.0%-20.1%-11.1K254.9K-9450.0086.39N/AN/A001932,661
2023-09-08$2.67$2.50102.5%13.0%24.2%26.9%0.0%0.0%15.2%-15.5K203.7K-8620.00113.95N/AN/A001932,661
2023-09-11$2.66$2.50220.7%11.4%22.0%73.5%0.0%0.0%-5.0%-17.9K192.2K-8260.0053.77N/AN/A4001932,661
2023-09-12$2.71$2.50166.8%13.4%21.6%52.3%41.0%0.0%1.1%-15.1K181.2K-7910.0087.38N/AN/A802332,661
2023-09-13$2.69$2.5040.0%11.5%21.0%2.3%0.0%0.0%-13.1%-17.4K171.9K-7660.0027.99N/AN/A002332,661
2023-09-14$2.74$2.5044.9%12.9%22.1%4.2%48.3%0.0%5.5%-25.6K155.7K-6140.5546.54N/AN/A1162332,661
2023-09-15$2.67$2.5029.1%8.4%23.7%0.0%0.0%0.0%22.1%-21.8K138.1K-6513.38110.85N/AN/A13442402,662
2023-09-18$2.69$2.5075.5%21.6%23.4%17.9%0.0%0.0%-40.2%-10.1K138.8K-6410.0048.62N/AN/A002372,661
2023-09-19$2.70$2.5047.1%13.5%23.4%6.9%0.0%0.0%-3.4%-16.8K187.0K-7230.0036.66N/AN/A002372,661
2023-09-20$2.69$2.5039.9%11.4%23.0%4.1%0.0%0.0%12.2%-18.7K162.2K-6580.0036.67N/AN/A002372,661
2023-09-21$2.65$2.5032.7%9.4%23.6%1.4%0.0%0.0%-4.7%-23.0K162.0K-6410.0032.72N/AN/A002372,661
2023-09-22$2.65$2.5028.6%8.2%23.6%0.0%0.0%0.0%15.4%-24.8K140.7K-5880.0025.76N/AN/A002372,661
2023-09-25$2.63$2.5040.8%11.7%23.6%4.7%0.0%0.0%46.3%-21.8K196.4K-6780.0064.48N/AN/A002372,661
2023-09-26$2.65$2.5050.9%14.6%23.9%8.6%0.0%0.0%37.1%-18.3K203.7K-6610.0093.43N/AN/A002372,661
2023-09-27$2.67$2.5036.1%10.3%23.9%2.9%0.0%0.0%13.8%-22.1K144.5K-5480.0030.51N/AN/A2002372,661
2023-09-28$2.63$2.5043.8%12.5%24.3%5.9%0.0%0.0%28.1%-18.0K220.5K-6620.0029.32N/AN/A002572,659
2023-09-29$2.70$2.5042.0%12.0%26.1%5.2%0.0%0.0%-9.9%-19.6K137.2K-5290.0035.24N/AN/A202572,659