DLNG Options History — May 2024

In May 2024, DLNG traded between $3.67 and $4.17. ATM implied volatility averaged 65.2%, placing in the 16.4% IV rank vs the trailing year. The 30-day expected move averaged 15.5%. IV traded above realized volatility by 8.2% (HV 20d: 56.9%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.26.

Notable Days

2024-05-03: Highest Volume — 121 contracts
2024-05-30: Largest IV spike — 128.8% change
2024-05-30: Highest IV Rank — 37.9%
2024-05-30: Largest Expected Move — 32.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.95	$3.67	$4.17	$3.67	$4.04
Max Pain	$4.66	$2.50	$5.00	$2.50	$5.00
ATM IV	65.2%	33.8%	113.3%	88.1%	56.1%
Expected Move	15.5%	8.5%	32.5%	25.3%	16.1%
HV 20d	56.9%	46.7%	62.7%	51.7%	46.7%
HV 60d	46.4%	43.4%	47.5%	44.0%	46.8%
IV Rank	16.4%	2.3%	37.9%	26.6%	12.3%
IV Percentile	49.0%	4.4%	87.3%	75.8%	48.0%
Term Structure	-0.6%	-37.8%	21.9%	-37.8%	8.6%
VWIV	83.3%	47.5%	148.2%	108.7%	64.3%
Bid-Ask Spread %	82.48	61.31	121.95	61.81	70.87
Gamma HHI	0.73	0.49	0.95	0.71	0.55
Net GEX	556	-835	1.0K	-689	648
Net DEX	-80.8K	-98.6K	-47.7K	-69.3K	-72.3K
Net VEX	-265	-408	-173	-316	-276
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.26	0.00	2.80	0.00	2.80
Total Volume	17.045	0	121	13	38
Total OI	2,108.727	1,829	2,358	2,172	1,835

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-05-01	$3.67	$2.50	88.1%	25.3%	51.7%	26.6%	0.0%	0.0%	-37.8%	-689	-69.3K	-316	0.00	61.81	N/A	N/A	13	0	500	1,672
2024-05-02	$3.88	$2.50	61.8%	17.7%	53.2%	14.8%	0.0%	0.0%	-23.6%	42	-80.1K	-203	0.00	61.31	N/A	N/A	5	0	491	1,672
2024-05-03	$4.17	$2.50	54.5%	15.6%	56.3%	11.6%	108.7%	0.0%	0.8%	356	-98.0K	-173	0.00	85.27	N/A	N/A	121	0	491	1,672
2024-05-06	$3.92	$5.00	68.7%	12.5%	62.7%	17.9%	0.0%	0.0%	-13.6%	621	-95.0K	-274	0.00	91.86	N/A	N/A	31	0	623	1,672
2024-05-07	$3.98	$5.00	70.0%	13.0%	62.1%	18.5%	0.0%	0.0%	-18.8%	805	-91.5K	-213	0.00	121.95	N/A	N/A	11	0	644	1,672
2024-05-08	$4.00	$5.00	61.1%	14.7%	62.1%	14.5%	0.0%	0.0%	-18.9%	902	-94.7K	-232	0.00	116.46	N/A	N/A	31	0	654	1,672
2024-05-09	$3.98	$5.00	61.7%	11.7%	62.0%	14.8%	0.0%	0.0%	-8.0%	952	-95.0K	-255	0.00	100.79	N/A	N/A	0	0	680	1,672
2024-05-10	$3.99	$5.00	67.6%	11.9%	62.1%	17.5%	0.0%	0.0%	-8.2%	963	-96.3K	-278	0.00	95.32	N/A	N/A	0	0	680	1,672
2024-05-13	$3.99	$5.00	89.1%	8.5%	62.1%	27.1%	0.0%	0.0%	-1.5%	1.0K	-94.7K	-253	0.00	70.42	N/A	N/A	57	0	680	1,672
2024-05-14	$4.00	$5.00	105.0%	8.8%	62.2%	34.2%	0.0%	0.0%	-1.6%	943	-94.2K	-203	0.00	70.34	N/A	N/A	0	0	674	1,672
2024-05-15	$4.00	$5.00	38.4%	11.0%	62.2%	4.4%	47.5%	0.0%	21.9%	949	-98.6K	-225	0.00	64.94	N/A	N/A	0	22	674	1,672
2024-05-16	$4.00	$5.00	51.7%	14.8%	62.4%	10.3%	0.0%	0.0%	-3.9%	932	-98.0K	-240	0.00	86.06	N/A	N/A	27	0	674	1,672
2024-05-17	$3.98	$5.00	34.4%	9.8%	61.9%	2.6%	0.0%	0.0%	14.5%	1.0K	-97.9K	-252	0.00	66.04	N/A	N/A	0	0	686	1,672
2024-05-20	$3.96	$5.00	33.8%	9.7%	56.8%	2.3%	0.0%	0.0%	11.7%	658	-68.0K	-297	0.50	82.23	N/A	N/A	4	2	561	1,268
2024-05-21	$3.85	$5.00	46.5%	13.3%	55.8%	8.0%	47.9%	0.0%	13.5%	76	-56.7K	-311	0.00	68.70	N/A	N/A	0	1	565	1,270
2024-05-22	$3.73	$5.00	102.4%	29.4%	54.3%	33.0%	148.2%	0.0%	-10.5%	-449	-47.7K	-408	0.14	72.36	N/A	N/A	7	1	565	1,270
2024-05-23	$3.76	$5.00	84.0%	24.1%	51.5%	24.8%	0.0%	0.0%	16.0%	-835	-50.0K	-361	0.00	107.77	N/A	N/A	0	1	562	1,271
2024-05-24	$4.00	$5.00	46.4%	13.3%	54.9%	8.0%	0.0%	0.0%	21.3%	880	-72.3K	-215	0.00	69.55	N/A	N/A	0	0	562	1,272
2024-05-28	$3.96	$5.00	49.5%	14.2%	49.5%	9.4%	0.0%	0.0%	9.1%	705	-65.5K	-296	0.00	70.03	N/A	N/A	0	0	562	1,272
2024-05-29	$3.94	$5.00	49.5%	14.2%	49.5%	9.4%	0.0%	0.0%	7.1%	777	-66.0K	-287	0.00	69.59	N/A	N/A	2	0	562	1,272
2024-05-30	$4.08	$5.00	113.3%	32.5%	50.1%	37.9%	0.0%	0.0%	8.2%	970	-76.6K	-254	0.00	110.95	N/A	N/A	1	0	564	1,272
2024-05-31	$4.04	$5.00	56.1%	16.1%	46.7%	12.3%	64.3%	0.0%	8.6%	648	-72.3K	-276	2.80	70.87	N/A	N/A	10	28	563	1,272