DLNG Options History — April 2024

In April 2024, DLNG traded between $2.87 and $3.74. ATM implied volatility averaged 86.0%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 24.0%. IV traded above realized volatility by 44.4% (HV 20d: 41.6%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 2.90.

Notable Days

  • 2024-04-04: Highest Volume — 868 contracts
  • 2024-04-17: Largest IV spike — 127.0% change
  • 2024-04-10: Highest IV Rank — 44.9%
  • 2024-04-10: Largest Expected Move — 37.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.21$2.87$3.74$2.87$3.74
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV86.0%47.9%128.9%47.9%76.0%
Expected Move24.0%13.1%37.0%13.7%21.8%
HV 20d41.6%34.5%50.6%40.8%50.6%
HV 60d38.4%35.3%44.1%37.0%44.1%
IV Rank25.7%8.6%44.9%8.6%21.2%
IV Percentile70.9%26.2%91.3%26.2%68.3%
Term Structure-15.5%-79.0%142.6%-9.6%-15.8%
VWIV66.6%30.7%110.2%44.3%83.1%
Bid-Ask Spread %81.0258.22121.1059.6658.22
Gamma HHI0.900.610.980.980.61
Net GEX-804-3.0K1.2K1.0K-361
Net DEX-90.4K-150.4K-45.1K-101.2K-76.9K
Net VEX-385-808-174-184-272
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.900.0014.070.000.00
Total Volume127.636086848
Total OI1,910.4558202,4918742,177

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$2.87$2.5047.9%13.7%40.8%8.6%44.3%0.0%-9.6%1.0K-101.2K-1840.0059.66N/AN/A40631243
2024-04-02$2.92$2.5071.7%20.5%39.4%19.3%0.0%0.0%-37.6%1.2K-109.0K-17410.9070.13N/AN/A20218627193
2024-04-03$2.94$2.5078.9%22.6%38.5%22.5%85.8%0.0%-35.0%322-97.1K-2730.0070.83N/AN/A570627411
2024-04-04$2.90$2.5077.5%13.1%38.3%21.9%0.0%0.0%-4.9%404-99.0K-3285.3877.52N/AN/A136732679421
2024-04-05$3.02$2.5085.6%28.2%40.9%25.5%50.4%0.0%-20.0%-1.4K-87.8K-6860.0093.80N/AN/A1508131,153
2024-04-08$3.04$2.5077.4%25.1%40.6%21.8%30.7%0.0%7.8%-1.8K-86.1K-6870.00121.10N/AN/A2708021,153
2024-04-09$3.01$2.50102.3%17.3%40.8%33.0%0.0%0.0%-22.9%-1.5K-94.2K-6570.0099.36N/AN/A008211,153
2024-04-10$3.02$2.50128.9%37.0%40.4%44.9%110.2%0.0%-79.0%-1.3K-125.4K-45114.0799.36N/AN/A273808211,153
2024-04-11$3.00$2.50103.1%29.6%40.5%33.3%0.0%0.0%-16.5%-3.0K-52.1K-8085.2097.65N/AN/A251308281,509
2024-04-12$3.07$2.50105.6%30.3%40.1%34.5%0.0%0.0%-24.7%-2.2K-98.0K-6672.1891.99N/AN/A11248181,639
2024-04-15$3.08$2.50110.0%31.5%39.1%36.4%0.0%0.0%-32.4%-1.2K-150.4K-3362.67117.92N/AN/A30808281,663
2024-04-16$3.13$2.5050.9%14.6%38.9%10.0%51.8%0.0%-24.1%-823-89.3K-2780.0083.33N/AN/A6505981,743
2024-04-17$3.13$2.50115.7%33.2%39.0%39.0%0.0%0.0%-35.0%-604-88.1K-2660.0093.18N/AN/A006031,743
2024-04-18$3.16$2.50120.9%34.7%35.4%41.3%0.0%0.0%142.6%-1.1K-86.9K-3130.0092.62N/AN/A006031,743
2024-04-19$3.28$2.50114.5%32.8%34.5%38.4%76.7%0.0%4.8%-623-96.7K-2751.1189.64N/AN/A36406031,743
2024-04-22$3.54$2.5069.8%20.0%41.8%18.4%83.1%0.0%-30.9%-424-106.6K-2646.0061.73N/AN/A201205411,248
2024-04-23$3.71$2.5074.2%21.3%43.5%20.4%0.0%0.0%-32.7%-238-104.1K-2650.0065.63N/AN/A3305241,293
2024-04-24$3.54$2.5066.5%19.1%45.7%16.9%0.0%0.0%-6.6%-700-81.4K-3270.0059.20N/AN/A10604971,293
2024-04-25$3.39$2.5062.8%18.0%50.0%15.3%0.0%0.0%-13.0%-1.2K-51.6K-2960.0060.67N/AN/A03994371,293
2024-04-26$3.48$2.5068.9%19.8%46.3%18.0%0.0%0.0%-24.0%-1.4K-45.1K-3504.0059.58N/AN/A144871,692
2024-04-29$3.74$2.5082.5%23.6%50.4%24.1%0.0%0.0%-31.4%-805-61.4K-3130.7659.36N/AN/A34264871,696
2024-04-30$3.74$2.5076.0%21.8%50.6%21.2%0.0%0.0%-15.8%-361-76.9K-2720.0058.22N/AN/A805051,672