DSX Options History — June 2008

In June 2008, DSX traded between $29.10 and $34.80. ATM implied volatility averaged 54.2%, placing in the 25.0% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded below realized volatility by 4.4% (HV 20d: 58.6%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.50.

Notable Days

  • 2008-06-17: Highest Volume — 9,120 contracts
  • 2008-06-10: Largest IV spike — 9.2% change
  • 2008-06-12: Highest IV Rank — 28.1%
  • 2008-06-12: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.16$29.10$34.80$34.51$30.71
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV54.2%47.9%57.9%52.2%55.3%
Expected Move15.6%13.7%16.6%15.0%15.9%
HV 20d58.6%54.6%62.8%54.6%56.1%
HV 60d52.7%50.3%58.5%58.1%51.5%
IV Rank25.0%19.6%28.1%23.3%26.0%
IV Percentile44.7%27.0%54.0%40.9%46.8%
Term Structure1.0%-3.3%7.6%-0.7%3.7%
VWIV54.3%49.0%59.7%53.0%55.8%
Skew 25d4.3%1.3%6.6%4.2%3.3%
Skew 10d4.9%-8.0%11.2%-1.3%3.3%
Call IV 25d53.7%48.0%57.8%53.1%55.9%
Put IV 25d58.0%54.3%62.3%57.4%59.1%
Bid-Ask Spread %15.695.1823.617.2214.99
Gamma HHI0.280.200.410.320.25
Net GEX736.2K24.7K1.5M1.4M457.5K
Net DEX-12.9M-37.0M15.0M-33.4M-5.9M
Net VEX-311.8K-341.3K-255.5K-327.8K-315.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.151.360.470.51
Total Volume3,633.9521,7719,1202,6882,920
Total OI78,860.09560,60193,43078,74566,420

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-06-02$34.51$35.0052.2%15.0%54.6%23.3%53.0%4.2%-0.7%1.4M-33.4M-327.8K0.477.22N/AN/A1,83285649,05529,690
2008-06-03$33.15$35.0053.3%15.3%56.7%24.3%53.9%1.7%-1.0%1.0M-20.4M-313.7K0.215.65N/AN/A2,56252949,22930,065
2008-06-04$33.36$35.0052.4%15.0%55.8%23.5%54.2%3.2%-0.9%1.1M-23.2M-315.1K0.506.39N/AN/A1,32966649,70630,215
2008-06-05$34.80$35.0047.9%13.7%57.6%19.6%49.0%6.5%3.2%1.5M-37.0M-319.8K0.155.18N/AN/A2,71439749,88130,239
2008-06-06$33.26$35.0050.6%14.9%59.0%21.9%53.7%4.7%-1.3%1.2M-21.7M-309.4K0.2915.68N/AN/A1,82453850,45330,403
2008-06-09$33.08$35.0052.5%15.5%59.0%23.6%54.7%4.1%-1.1%1.0M-17.2M-297.6K0.8620.33N/AN/A2,5812,22850,45730,649
2008-06-10$31.85$35.0057.3%16.3%59.3%27.7%55.7%5.7%-2.3%601.3K-4.2M-287.3K0.5021.76N/AN/A2,8731,42450,95231,788
2008-06-11$30.17$35.0056.5%16.4%61.3%27.0%57.4%6.0%-1.9%161.4K8.5M-265.2K0.7318.95N/AN/A3,9252,88451,58532,061
2008-06-12$29.10$35.0057.9%16.6%61.5%28.1%59.7%4.6%-2.8%24.7K15.0M-255.5K0.4223.61N/AN/A3,4871,46453,06232,621
2008-06-13$30.80$35.0056.1%16.1%62.8%26.6%55.9%6.6%-1.4%309.6K1.4M-281.6K1.3612.45N/AN/A1,1631,58653,34833,043
2008-06-16$32.45$35.0056.9%16.3%61.2%27.3%55.3%3.0%-3.3%858.9K-13.5M-292.7K0.2222.30N/AN/A4,7031,05653,67132,697
2008-06-17$33.19$35.0056.6%16.2%61.9%27.0%57.7%1.3%-2.0%1.2M-25.7M-327.0K0.6215.93N/AN/A5,6433,47755,52232,897
2008-06-18$31.94$35.0057.3%16.4%62.1%27.7%56.8%2.6%-0.5%555.1K-9.3M-330.9K0.6221.56N/AN/A1,09168057,53135,176
2008-06-19$32.81$35.0053.9%15.4%62.3%24.8%54.3%3.0%0.4%1.1M-17.6M-341.3K0.2122.83N/AN/A1,83338457,68435,275
2008-06-20$31.92$35.0054.8%15.7%58.6%25.6%54.9%2.5%-0.1%484.1K-8.7M-325.3K1.2311.39N/AN/A1,9192,36158,18435,246
2008-06-23$31.17$35.0054.3%15.6%58.0%25.1%53.3%4.6%4.7%384.7K-8.8M-317.1K0.3514.90N/AN/A3,2211,11536,96923,632
2008-06-24$30.98$35.0052.5%15.1%57.7%23.6%52.7%6.1%6.4%416.9K-8.1M-320.9K0.5112.03N/AN/A1,88896538,39124,162
2008-06-25$32.23$35.0053.0%15.2%54.8%24.0%49.5%6.3%6.1%563.2K-14.9M-336.4K0.2220.92N/AN/A1,62836039,41224,637
2008-06-26$31.87$35.0053.2%15.3%54.9%24.2%52.3%3.6%7.6%578.7K-14.6M-337.4K0.2918.43N/AN/A1,74951240,32724,700
2008-06-27$31.92$35.0053.2%15.3%54.8%24.2%51.5%6.1%6.9%563.1K-12.6M-330.6K0.2917.02N/AN/A1,50344340,32724,700
2008-06-30$30.71$35.0055.3%15.9%56.1%26.0%55.8%3.3%3.7%457.5K-5.9M-315.2K0.5114.99N/AN/A1,93598541,42324,997