DLNG Options History — December 2023

In December 2023, DLNG traded between $2.66 and $2.84. ATM implied volatility averaged 68.1%, placing in the 15.2% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 40.3% (HV 20d: 27.8%). 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 6 of 20 days. Put/call ratio averaged 1.15.

Notable Days

  • 2023-12-14: Highest Volume — 191 contracts
  • 2023-12-08: Largest IV spike — 86.7% change
  • 2023-12-12: Highest IV Rank — 86.2%
  • 2023-12-06: Largest Expected Move — 15.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.75$2.66$2.84$2.71$2.73
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV68.1%29.0%252.1%51.0%51.5%
Expected Move11.6%7.8%15.6%14.6%14.8%
HV 20d27.8%22.8%31.5%22.8%31.5%
HV 60d25.2%23.9%26.8%24.4%25.1%
IV Rank15.2%0.2%86.2%8.6%8.8%
IV Percentile32.9%0.4%99.6%27.8%33.7%
Term Structure-8.6%-36.8%17.3%-19.9%-29.9%
VWIV33.3%32.6%33.7%33.7%33.6%
Bid-Ask Spread %45.9325.05103.4653.9966.04
Gamma HHI0.890.760.980.970.85
Net GEX-998-1.4K-529-1.2K-997
Net DEX7.9K-2.5K20.5K15.1K6.0K
Net VEX-123-151-101-110-144
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.150.0016.360.000.00
Total Volume23.6019143
Total OI517.5429678429552

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$2.71$2.5051.0%14.6%22.8%8.6%0.0%0.0%-19.9%-1.2K15.1K-1100.0053.99N/AN/A40188241
2023-12-04$2.74$2.5055.7%9.9%22.8%10.5%0.0%0.0%2.1%-1.2K12.6K-1010.0036.82N/AN/A90188241
2023-12-05$2.70$2.5061.0%13.9%23.7%12.5%0.0%0.0%-16.0%-1.2K15.0K-1070.0055.11N/AN/A110197241
2023-12-06$2.66$2.5058.5%15.6%23.2%11.5%0.0%0.0%-9.0%-1.1K20.5K-1170.00103.46N/AN/A370208241
2023-12-07$2.74$2.5065.4%15.0%25.1%14.2%0.0%0.0%-24.7%-98315.1K-1190.5042.47N/AN/A21245241
2023-12-08$2.79$2.50122.2%11.0%25.6%36.1%0.0%0.0%-13.7%-1.0K9.2K-1110.0036.54N/AN/A01257242
2023-12-11$2.77$2.50223.2%9.3%25.3%75.1%33.7%0.0%-8.1%-9917.8K-1080.0031.58N/AN/A80257243
2023-12-12$2.69$2.50252.1%7.8%27.4%86.2%0.0%0.0%5.0%-1.4K10.7K-1080.0028.14N/AN/A20263243
2023-12-13$2.77$2.5049.5%14.2%28.4%8.1%0.0%0.0%-8.9%-8927.0K-1100.0071.51N/AN/A30264243
2023-12-14$2.72$2.5035.4%10.2%29.5%2.6%0.0%0.0%0.0%-1.1K6.4K-11116.3633.82N/AN/A11180266243
2023-12-15$2.69$2.5032.7%9.4%29.4%1.6%0.0%0.0%2.2%-1.1K8.7K-1111.8629.39N/AN/A3667255423
2023-12-18$2.70$2.5029.4%8.4%28.8%0.3%0.0%0.0%9.9%-1.1K10.6K-1220.0031.97N/AN/A200279243
2023-12-19$2.73$2.5033.4%9.6%28.9%1.8%32.6%0.0%-3.7%-9796.4K-1341.6940.78N/AN/A1322296243
2023-12-20$2.71$2.5030.0%8.6%29.2%0.6%0.0%0.0%4.6%-1.0K3.9K-1470.0025.05N/AN/A10306249
2023-12-21$2.81$2.5049.7%14.2%31.2%8.1%33.6%0.0%17.3%-7641.7K-1510.0083.10N/AN/A120306249
2023-12-22$2.84$2.5029.0%8.3%31.3%0.2%0.0%0.0%-1.8%-529-2.5K-1280.0040.32N/AN/A00300249
2023-12-26$2.82$2.5032.9%9.4%30.4%1.7%0.0%0.0%-4.8%-657-1.1K-1340.0025.47N/AN/A200300249
2023-12-27$2.80$2.5051.4%14.7%30.4%8.8%0.0%0.0%-28.0%-8702.4K-1400.0038.32N/AN/A50300249
2023-12-28$2.79$2.5047.0%13.5%30.2%7.1%0.0%0.0%-36.8%-8882.0K-1390.3344.66N/AN/A31301249
2023-12-29$2.73$2.5051.5%14.8%31.5%8.8%0.0%0.0%-29.9%-9976.0K-1440.0066.04N/AN/A30302250