DLNG Options History — April 2025

In April 2025, DLNG traded between $3.25 and $3.80. ATM implied volatility averaged 114.3%, placing in the 28.8% IV rank vs the trailing year. The 30-day expected move averaged 34.8%. IV traded above realized volatility by 57.3% (HV 20d: 57.0%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 2.08.

Notable Days

  • 2025-04-07: Highest Volume — 315 contracts
  • 2025-04-03: Largest IV spike — 271.6% change
  • 2025-04-03: Highest IV Rank — 59.7%
  • 2025-04-04: Largest Expected Move — 80.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.52$3.25$3.80$3.80$3.48
Max Pain$4.29$2.50$5.00$5.00$2.50
ATM IV114.3%54.4%206.1%65.1%118.0%
Expected Move34.8%12.4%80.0%12.4%33.8%
HV 20d57.0%41.2%68.3%52.7%64.8%
HV 60d48.5%42.2%53.8%42.2%53.6%
IV Rank28.8%8.7%59.7%12.3%30.1%
IV Percentile77.0%41.7%98.8%58.7%86.9%
Term Structure-45.9%-186.1%51.1%-14.0%-56.7%
VWIV121.9%96.3%147.5%147.5%96.3%
Bid-Ask Spread %109.2570.10156.0694.75113.96
Gamma HHI0.710.520.940.910.54
Net GEX-832-2.0K96-2.0K-308
Net DEX417.4K321.0K519.6K472.7K325.5K
Net VEX-1.0K-1.7K-117-1.4K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.080.0012.750.220.00
Total Volume47.7620315010
Total OI3,4192,8574,1053,4423,036

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$3.80$5.0065.1%12.4%52.7%12.3%0.0%0.0%-14.0%-2.0K472.7K-1.4K0.0094.75N/AN/A001,7211,721
2025-04-02$3.80$5.0055.5%20.4%52.4%9.1%0.0%0.0%10.5%-1.9K477.7K-1.4K0.0098.75N/AN/A001,7211,721
2025-04-03$3.69$5.00206.1%46.6%46.1%59.7%0.0%0.0%-73.0%-1.6K519.6K-1.0K0.22120.95N/AN/A921,7211,721
2025-04-04$3.67$5.0083.2%80.0%44.0%18.4%0.0%0.0%-125.0%-1.5K447.6K-1.4K0.50156.06N/AN/A421,7301,719
2025-04-07$3.60$5.00206.0%64.3%41.9%59.7%0.0%0.0%-186.1%-1.2K409.0K-1.5K4.34134.41N/AN/A592561,7311,719
2025-04-08$3.62$5.00167.1%43.6%41.6%46.6%0.0%0.0%-96.3%-1.2K380.7K-1.6K7.50122.11N/AN/A8601,7811,960
2025-04-09$3.62$5.0076.3%21.9%41.2%16.1%0.0%0.0%-16.9%-1.4K449.7K-1.3K12.75116.99N/AN/A4511,7892,020
2025-04-10$3.45$5.00153.2%43.9%43.5%41.9%0.0%0.0%-7.8%-1.1K434.4K-1.2K0.67155.62N/AN/A641,7932,051
2025-04-11$3.67$5.00174.6%50.0%49.6%49.1%0.0%0.0%-135.6%-977321.0K-1.7K0.11109.94N/AN/A911,7992,053
2025-04-14$3.27$5.00159.9%45.8%63.4%44.2%0.0%0.0%-52.3%-820481.7K-6550.00115.86N/AN/A101,8082,052
2025-04-15$3.33$5.00139.8%40.1%64.1%37.4%0.0%0.0%-22.7%-616511.9K-4840.05113.25N/AN/A3721,8082,052
2025-04-16$3.46$5.0081.2%23.3%65.7%17.7%0.0%0.0%-31.8%-748511.1K-6480.0092.30N/AN/A22701,8352,050
2025-04-17$3.52$5.00133.6%38.3%61.7%35.3%147.5%0.0%51.1%-488399.7K-1.4K0.02123.85N/AN/A5612,0552,050
2025-04-21$3.25$5.00155.1%44.5%64.6%42.6%0.0%0.0%-58.5%96421.0K-1170.00101.44N/AN/A3501,4891,368
2025-04-22$3.38$5.0054.4%15.6%66.9%8.7%0.0%0.0%-8.1%-108392.4K-5540.7570.10N/AN/A431,5241,368
2025-04-23$3.37$2.5069.2%19.8%66.9%13.7%0.0%0.0%-28.0%-252359.3K-8322.5073.92N/AN/A251,5241,371
2025-04-24$3.48$2.5060.3%17.3%68.3%10.7%96.3%0.0%3.4%-304371.8K-8001.27106.98N/AN/A33421,5261,376
2025-04-25$3.45$2.5071.8%20.6%66.8%14.6%0.0%0.0%-29.3%-296378.3K-6956.6799.00N/AN/A9601,5481,418
2025-04-28$3.48$2.5081.4%23.3%64.9%17.8%0.0%0.0%-37.3%-391355.2K-8690.0074.64N/AN/A001,5571,478
2025-04-29$3.51$2.5087.7%25.1%65.0%19.9%0.0%0.0%-50.2%-336345.0K-9780.0099.36N/AN/A101,5571,478
2025-04-30$3.48$2.50118.0%33.8%64.8%30.1%0.0%0.0%-56.7%-308325.5K-1.1K0.00113.96N/AN/A1001,5581,478