DSX Options History — October 2008

In October 2008, DSX traded between $13.98 and $20.07. ATM implied volatility averaged 119.8%, placing in the 76.6% IV rank vs the trailing year. The 30-day expected move averaged 31.8%. IV traded above realized volatility by 21.1% (HV 20d: 98.7%). Max pain ranged from $17.50 to $25.00. Net GEX was positive for 15 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.99.

Notable Days

  • 2008-10-16: Highest Volume — 8,512 contracts
  • 2008-10-06: Largest IV spike — 42.5% change
  • 2008-10-07: Highest IV Rank — 100.0%
  • 2008-10-27: Largest Expected Move — 36.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.97$13.98$20.07$20.07$16.63
Max Pain$20.00$17.50$25.00$25.00$17.50
ATM IV119.8%81.9%150.7%81.9%103.1%
Expected Move31.8%23.5%36.0%23.5%29.5%
HV 20d98.7%76.4%118.0%76.4%118.0%
HV 60d73.8%58.4%84.1%58.4%84.1%
IV Rank76.6%48.2%100.0%48.2%61.8%
IV Percentile96.1%91.7%100.0%92.1%91.7%
Term Structure-9.0%-17.6%4.0%2.3%-9.1%
VWIV109.0%82.9%124.8%82.9%107.8%
Skew 25d16.1%6.6%27.2%6.6%24.8%
Skew 10d27.3%0.9%47.0%13.7%36.8%
Call IV 25d102.7%81.8%123.3%81.8%94.4%
Put IV 25d118.9%88.4%133.8%88.4%119.2%
Bid-Ask Spread %27.3815.1145.2020.9125.35
Gamma HHI0.150.120.190.170.17
Net GEX9.2K-31.3K68.8K11.4K68.3K
Net DEX24.6M17.0M29.5M24.2M19.4M
Net VEX-98.2K-138.9K-73.9K-138.9K-101.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.990.162.412.410.71
Total Volume2,963.9571,1678,5121,6973,022
Total OI71,669.17466,39380,64468,30773,796

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-10-01$20.07$25.0081.9%23.5%76.4%48.2%82.9%6.6%2.3%11.4K24.2M-138.9K2.4120.91N/AN/A4971,20040,60927,698
2008-10-02$18.82$25.0093.2%26.7%76.5%57.9%92.9%7.7%-6.6%-6.3K26.1M-130.0K1.4620.25N/AN/A66196640,74327,900
2008-10-03$18.87$25.0087.9%25.2%76.7%53.3%94.1%9.5%-1.1%-13.5K26.5M-126.1K0.7315.11N/AN/A1,01974541,01728,007
2008-10-06$18.00$22.50125.2%29.4%77.7%85.4%103.4%17.7%-6.5%-26.1K28.9M-113.7K0.9937.95N/AN/A2,3312,31441,29128,334
2008-10-07$15.20$22.50142.2%33.2%91.4%100.0%105.9%9.1%-16.3%-31.3K29.5M-81.0K0.8923.44N/AN/A1,7431,54641,65228,663
2008-10-08$15.50$22.50144.6%33.3%87.7%100.0%109.3%13.0%-10.9%-25.2K29.3M-87.9K1.1731.26N/AN/A1,7001,98142,64429,319
2008-10-09$14.56$22.50148.5%35.4%85.1%100.0%115.7%19.3%-17.6%-7.4K28.3M-81.5K1.1135.17N/AN/A1,9402,15543,60429,452
2008-10-10$14.00$20.00150.7%35.0%84.0%100.0%120.0%6.7%-8.2%5.2K26.0M-84.5K1.3645.20N/AN/A1,6352,23144,44229,499
2008-10-13$15.37$20.00145.2%33.0%93.2%95.6%111.3%10.9%-7.2%2.5K26.3M-93.8K0.5727.33N/AN/A2,3141,33044,09629,542
2008-10-14$16.46$20.00120.4%30.0%97.6%75.7%105.3%13.5%2.1%14.1K25.5M-98.6K0.2725.58N/AN/A1,77047244,29029,402
2008-10-15$14.71$20.00150.4%34.7%103.0%99.8%119.3%12.0%-15.8%16.5K27.5M-79.1K2.0743.13N/AN/A9171,89744,93629,401
2008-10-16$14.78$20.00123.4%35.4%102.1%78.1%121.9%16.0%-14.0%-4.2K28.4M-81.9K1.4525.23N/AN/A3,4795,03345,25630,864
2008-10-17$15.61$20.00116.1%33.3%103.1%72.3%111.9%23.6%-2.7%17.6K26.5M-103.8K0.8723.80N/AN/A2,2281,93747,22833,416
2008-10-20$17.38$17.5093.9%26.9%112.6%54.5%89.7%27.2%4.0%36.0K18.5M-120.5K0.1632.07N/AN/A3,44356239,40526,988
2008-10-21$17.56$17.5096.9%27.8%109.3%56.9%92.6%18.1%-0.9%68.8K17.0M-123.5K0.5122.07N/AN/A1,02252341,14927,156
2008-10-22$16.13$17.50114.3%32.8%112.3%70.8%109.8%19.8%-11.1%28.0K21.2M-99.9K1.6932.32N/AN/A47279841,66927,463
2008-10-23$15.64$17.50120.6%34.6%112.4%75.9%119.3%22.3%-17.3%24.9K21.3M-100.3K1.3324.49N/AN/A1,0951,45241,85727,842
2008-10-24$14.80$17.50118.9%34.1%113.3%74.6%119.5%24.4%-12.0%12.4K22.3M-91.2K0.8628.50N/AN/A62953842,37528,348
2008-10-27$14.26$17.50125.6%36.0%109.6%79.9%124.8%9.9%-16.2%2.9K22.8M-83.4K0.8720.46N/AN/A1,14299642,45328,470
2008-10-28$14.06$17.50120.2%34.5%108.6%75.6%118.9%20.2%-13.9%2.4K23.1M-79.2K0.5322.63N/AN/A1,09257742,84228,609
2008-10-29$13.98$17.50118.3%33.9%107.9%74.1%119.2%18.3%-16.1%-4.3K23.9M-73.9K0.4029.91N/AN/A2,06583143,03828,754
2008-10-30$15.00$17.50114.3%32.8%110.8%70.9%110.8%20.8%-11.8%18.5K23.1M-83.8K0.4017.54N/AN/A1,33853343,88128,991
2008-10-31$16.63$17.50103.1%29.5%118.0%61.8%107.8%24.8%-9.1%68.3K19.4M-101.4K0.7125.35N/AN/A1,7681,25444,62529,171