DLNG Options History — April 2026

In April 2026, DLNG traded between $4.12 and $4.18. ATM implied volatility averaged 43.8%, placing in the 5.9% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded below realized volatility by 5.6% (HV 20d: 49.3%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 2 of 2 trading days. Term structure was in contango for 0 of 2 days. Put/call ratio averaged 0.07.

Notable Days

  • 2026-04-01: Highest Volume — 39 contracts
  • 2026-04-02: Largest IV drop — 66.6% change
  • 2026-04-01: Highest IV Rank — 11.7%
  • 2026-04-01: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.15$4.12$4.18$4.18$4.12
Max Pain$3.75$2.50$5.00$2.50$5.00
ATM IV43.8%21.9%65.6%65.6%21.9%
Expected Move12.5%6.3%18.8%18.8%6.3%
HV 20d49.3%49.1%49.5%49.5%49.1%
HV 60d40.3%40.3%40.4%40.3%40.4%
IV Rank5.9%0.0%11.7%11.7%0.0%
IV Percentile8.1%0.0%16.3%16.3%0.0%
Term Structure-18.8%-22.2%-15.4%-15.4%-22.2%
VWIV60.6%60.6%60.6%60.6%60.6%
Bid-Ask Spread %75.5960.6890.4960.6890.49
Gamma HHI0.980.980.990.990.98
Net GEX20.3K12.2K28.3K28.3K12.2K
Net DEX-482.5K-543.0K-422.0K-543.0K-422.0K
Net VEX-1.8K-2.0K-1.6K-2.0K-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.000.150.150.00
Total Volume23739397
Total OI5,333.55,3325,3355,3355,332

Daily Data (2 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-04-01$4.18$2.5065.6%18.8%49.5%11.7%0.0%0.0%-15.4%28.3K-543.0K-2.0K0.1560.68N/AN/A3455,29540
2026-04-02$4.12$5.0021.9%6.3%49.1%0.0%60.6%0.0%-22.2%12.2K-422.0K-1.6K0.0090.49N/AN/A705,27755