DSX Options History — July 2009

In July 2009, DSX traded between $12.42 and $14.98. ATM implied volatility averaged 56.6%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 16.4%. IV traded above realized volatility by 13.7% (HV 20d: 42.9%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.35.

Notable Days

  • 2009-07-14: Highest Volume — 4,847 contracts
  • 2009-07-14: Largest IV drop — 16.8% change
  • 2009-07-06: Highest IV Rank — 20.1%
  • 2009-07-08: Largest Expected Move — 19.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.89$12.42$14.98$13.24$14.24
Max Pain$12.73$12.50$15.00$15.00$12.50
ATM IV56.6%49.2%67.8%62.5%49.8%
Expected Move16.4%14.1%19.2%17.9%14.3%
HV 20d42.9%36.3%50.0%43.8%36.3%
HV 60d61.1%54.1%66.2%66.2%54.1%
IV Rank11.5%5.8%20.1%16.0%6.3%
IV Percentile13.9%4.8%34.1%21.4%6.3%
Term Structure0.8%-1.7%3.1%3.1%1.5%
VWIV57.4%49.2%66.8%61.0%50.3%
Skew 25d6.5%-3.6%10.5%1.7%10.5%
Skew 10d9.2%-9.5%36.6%-3.0%18.4%
Call IV 25d54.7%43.9%63.9%56.8%43.9%
Put IV 25d61.2%54.5%71.9%58.5%54.5%
Bid-Ask Spread %17.358.8329.9115.0313.42
Gamma HHI0.300.220.450.240.36
Net GEX258.0K54.0K484.4K112.1K395.8K
Net DEX-2.7M-9.2M4.8M2.0M-5.7M
Net VEX-79.6K-87.6K-67.5K-76.6K-83.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.110.830.260.56
Total Volume1,999.5916994,8473,552699
Total OI47,226.59140,74353,63945,33348,591

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-07-01$13.24$15.0062.5%17.9%43.8%16.0%61.0%1.7%3.1%112.1K2.0M-76.6K0.2615.03N/AN/A2,81174128,29117,042
2009-07-02$12.83$15.0062.9%18.0%43.8%16.3%61.1%-3.6%2.0%73.8K3.9M-73.0K0.148.83N/AN/A1,62522129,03817,078
2009-07-06$12.42$12.5067.8%19.1%43.8%20.1%66.8%8.0%-0.7%54.0K4.8M-67.5K0.5312.31N/AN/A1,12960029,83817,111
2009-07-07$12.93$12.5063.8%19.2%47.5%17.0%64.5%8.8%-1.7%96.4K2.6M-73.0K0.3623.41N/AN/A1,54755430,32017,031
2009-07-08$12.92$12.5065.0%19.2%44.1%17.9%64.8%8.4%-1.0%101.3K2.3M-72.9K0.3423.37N/AN/A1,50450430,50017,056
2009-07-09$13.12$12.5063.5%18.8%45.2%16.8%63.8%8.5%-1.2%120.6K1.8M-72.7K0.1122.81N/AN/A1,33114230,69816,933
2009-07-10$13.21$12.5062.6%18.8%45.4%16.1%64.0%9.1%-0.6%131.0K1.1M-75.0K0.8320.47N/AN/A1,4221,18131,31316,934
2009-07-13$13.29$12.5065.6%18.9%45.3%18.4%63.9%7.7%-1.5%106.6K753.2K-74.2K0.2925.36N/AN/A65619232,14717,411
2009-07-14$14.00$12.5054.6%17.1%49.4%9.9%61.9%9.6%-1.0%275.6K-2.9M-81.5K0.3429.91N/AN/A3,6241,22332,47517,451
2009-07-15$14.29$12.5057.8%16.7%49.9%12.4%59.8%7.4%1.1%350.0K-4.3M-87.6K0.2815.35N/AN/A1,39839034,22719,017
2009-07-16$14.38$12.5058.0%16.6%49.5%12.5%59.7%7.0%0.8%484.4K-5.2M-86.6K0.1622.51N/AN/A1,22219735,65217,987
2009-07-17$14.21$12.5056.7%16.3%49.6%11.6%56.8%7.4%1.6%203.4K-3.5M-81.7K0.2916.34N/AN/A1,18234033,76517,794
2009-07-20$14.57$12.5052.6%15.1%50.0%8.4%53.8%7.9%1.9%249.9K-5.5M-81.5K0.3013.27N/AN/A2,66279326,11814,625
2009-07-21$14.46$12.5051.7%14.8%36.6%7.7%52.7%3.0%1.3%297.1K-5.6M-80.8K0.3615.49N/AN/A2,44688027,68214,751
2009-07-22$14.18$12.5051.7%14.8%36.9%7.7%51.9%4.9%0.5%285.1K-4.5M-81.2K0.1611.80N/AN/A1,64627128,94315,069
2009-07-23$14.52$12.5049.2%14.1%36.8%5.8%51.2%6.7%2.3%356.4K-6.3M-83.5K0.5710.72N/AN/A83247629,69214,929
2009-07-24$14.60$12.5049.3%14.1%36.7%5.9%51.3%7.7%2.2%379.6K-7.2M-85.1K0.5116.29N/AN/A63132329,95915,072
2009-07-27$14.98$12.5049.2%14.1%37.5%5.8%49.2%9.1%3.0%433.0K-9.2M-85.4K0.4316.07N/AN/A1,07646030,25615,216
2009-07-28$14.76$12.5049.9%14.3%38.1%6.4%50.6%6.4%2.3%414.5K-7.9M-84.9K0.3224.46N/AN/A70922830,71715,466
2009-07-29$14.18$12.5052.0%14.9%38.7%8.0%53.3%3.4%0.9%347.8K-4.6M-79.8K0.2812.16N/AN/A1,80650431,12415,596
2009-07-30$14.28$12.5049.9%14.3%38.5%6.3%50.0%3.0%2.2%406.4K-6.2M-84.0K0.3012.28N/AN/A1,39841532,36015,710
2009-07-31$14.24$12.5049.8%14.3%36.3%6.3%50.3%10.5%1.5%395.8K-5.7M-83.6K0.5613.42N/AN/A44825132,65215,939