DLNG Options History — June 2025

In June 2025, DLNG traded between $3.58 and $3.74. ATM implied volatility averaged 130.7%, placing in the 34.4% IV rank vs the trailing year. The 30-day expected move averaged 34.6%. IV traded above realized volatility by 96.3% (HV 20d: 34.4%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 4.40.

Notable Days

2025-06-18: Highest Volume — 138 contracts
2025-06-26: Largest IV spike — 103.9% change
2025-06-13: Highest IV Rank — 63.5%
2025-06-13: Largest Expected Move — 62.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.65	$3.58	$3.74	$3.65	$3.60
Max Pain	$4.63	$2.50	$5.00	$2.50	$5.00
ATM IV	130.7%	62.3%	217.3%	138.5%	119.6%
Expected Move	34.6%	17.9%	62.3%	39.7%	34.3%
HV 20d	34.4%	21.4%	41.5%	41.5%	22.4%
HV 60d	48.4%	45.4%	51.1%	51.1%	45.6%
IV Rank	34.4%	11.4%	63.5%	37.0%	30.6%
IV Percentile	81.0%	50.0%	98.4%	85.7%	78.2%
Term Structure	-45.5%	-172.4%	342.2%	-145.1%	-101.8%
VWIV	63.7%	15.0%	104.1%	47.2%	104.1%
Bid-Ask Spread %	72.37	21.27	97.65	73.97	21.27
Gamma HHI	0.78	0.53	0.97	0.91	0.68
Net GEX	1.2K	171	2.5K	2.4K	171
Net DEX	102.1K	-15.0K	130.0K	61.2K	119.2K
Net VEX	-582	-1.1K	-387	-856	-443
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.40	0.00	32.00	0.00	0.00
Total Volume	28.85	0	138	92	130
Total OI	2,533.95	2,411	2,749	2,411	2,464

Daily Data (20 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
2025-06-02	$3.65	$2.50	138.5%	39.7%	41.5%	37.0%	0.0%	0.0%	-145.1%	2.4K	61.2K	-856	0.00	73.97	N/A	N/A	0	92	1,731	680
2025-06-03	$3.74	$2.50	111.8%	32.0%	39.7%	28.0%	0.0%	0.0%	-82.1%	2.5K	64.3K	-852	0.00	71.27	N/A	N/A	0	11	1,731	772
2025-06-04	$3.63	$2.50	136.4%	39.1%	40.5%	36.3%	0.0%	0.0%	-133.0%	2.5K	-15.0K	-1.1K	0.00	69.73	N/A	N/A	77	0	1,731	772
2025-06-05	$3.72	$5.00	170.7%	19.5%	40.9%	47.8%	0.0%	0.0%	-20.0%	1.8K	92.4K	-683	0.00	73.32	N/A	N/A	0	0	1,801	772
2025-06-06	$3.72	$5.00	131.6%	30.5%	40.7%	34.7%	0.0%	0.0%	-9.9%	2.2K	83.6K	-762	0.00	85.45	N/A	N/A	0	8	1,801	772
2025-06-09	$3.70	$5.00	102.2%	33.7%	40.4%	24.8%	47.2%	0.0%	-34.6%	1.8K	94.6K	-687	1.00	78.01	N/A	N/A	1	1	1,801	780
2025-06-10	$3.66	$5.00	207.6%	33.5%	40.0%	60.2%	30.8%	0.0%	-23.6%	1.2K	106.2K	-618	0.00	72.90	N/A	N/A	0	1	1,801	780
2025-06-11	$3.66	$5.00	123.2%	35.3%	38.1%	31.9%	0.0%	0.0%	-33.8%	1.8K	109.0K	-549	0.00	78.49	N/A	N/A	0	0	1,801	779
2025-06-12	$3.64	$5.00	126.2%	36.2%	38.1%	32.9%	82.7%	0.0%	-36.2%	1.7K	109.6K	-557	0.00	73.36	N/A	N/A	1	0	1,801	778
2025-06-13	$3.62	$5.00	217.3%	62.3%	38.1%	63.5%	0.0%	0.0%	-172.4%	1.2K	119.3K	-481	0.00	97.65	N/A	N/A	1	0	1,801	778
2025-06-16	$3.64	$5.00	133.9%	38.4%	37.0%	35.4%	0.0%	0.0%	-40.4%	1.5K	110.3K	-529	0.00	87.21	N/A	N/A	0	0	1,802	778
2025-06-17	$3.65	$5.00	130.3%	37.3%	35.6%	34.2%	15.0%	0.0%	-30.7%	561	126.8K	-442	0.42	72.81	N/A	N/A	45	19	1,802	778
2025-06-18	$3.67	$5.00	136.3%	39.1%	32.4%	36.2%	0.0%	0.0%	342.2%	1.8K	105.9K	-584	2.14	76.19	N/A	N/A	44	94	1,847	789
2025-06-20	$3.65	$5.00	62.3%	17.9%	32.3%	11.4%	0.0%	0.0%	-12.7%	185	113.0K	-542	0.00	48.59	N/A	N/A	0	0	1,866	883
2025-06-23	$3.59	$5.00	90.3%	25.9%	32.8%	20.8%	95.5%	0.0%	-27.7%	247	130.0K	-387	32.00	76.96	N/A	N/A	1	32	1,794	619
2025-06-24	$3.59	$5.00	97.5%	28.0%	31.6%	23.2%	0.0%	0.0%	-28.9%	177	128.3K	-413	0.00	76.96	N/A	N/A	0	0	1,794	651
2025-06-25	$3.58	$5.00	69.3%	19.9%	21.4%	13.7%	70.7%	0.0%	-18.5%	183	126.1K	-408	0.00	49.86	N/A	N/A	0	5	1,794	651
2025-06-26	$3.64	$5.00	141.3%	40.5%	22.5%	37.9%	0.0%	0.0%	-151.0%	186	128.2K	-403	0.00	70.63	N/A	N/A	0	4	1,794	656
2025-06-27	$3.59	$5.00	168.8%	48.4%	22.6%	47.2%	104.1%	0.0%	-150.6%	181	128.9K	-399	4.00	92.76	N/A	N/A	2	8	1,794	660
2025-06-30	$3.60	$5.00	119.6%	34.3%	22.4%	30.6%	0.0%	0.0%	-101.8%	171	119.2K	-443	0.00	21.27	N/A	N/A	130	0	1,796	668