DSX Options History — May 2014

In May 2014, DSX traded between $10.68 and $11.46. ATM implied volatility averaged 36.6%, placing in the 47.6% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 12.1% (HV 20d: 24.5%). Max pain ranged from $8.00 to $8.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 7.14.

Notable Days

  • 2014-05-15: Highest Volume — 635 contracts
  • 2014-05-14: Largest IV drop — 46.0% change
  • 2014-05-13: Highest IV Rank — 100.0%
  • 2014-05-08: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.04$10.68$11.46$11.46$10.90
Max Pain$8.00$8.00$8.00$8.00$8.00
ATM IV36.6%28.1%56.5%42.0%28.7%
Expected Move11.5%10.7%12.2%12.1%11.4%
HV 20d24.5%22.6%29.1%29.1%22.6%
HV 60d28.4%26.0%29.8%29.6%26.0%
IV Rank47.6%20.3%100.0%67.7%22.0%
IV Percentile37.1%0.4%100.0%77.4%1.6%
Term Structure0.5%-7.3%3.6%-5.0%1.1%
VWIV38.9%31.5%42.8%40.2%39.6%
Skew 25d0.4%-7.8%4.9%4.4%-2.0%
Skew 10d5.9%-15.4%31.7%3.0%11.8%
Call IV 25d32.9%24.2%38.2%34.6%24.2%
Put IV 25d33.3%22.2%40.6%39.0%22.2%
Bid-Ask Spread %63.0750.6483.6856.3263.02
Gamma HHI0.250.190.310.190.31
Net GEX69.7K18.1K125.4K123.9K62.1K
Net DEX-2.2M-3.4M-868.3K-3.4M-2.1M
Net VEX-28.2K-32.6K-25.4K-32.5K-25.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.140.00130.500.130.07
Total Volume307.28672635309366
Total OI22,303.61921,14623,50122,28722,045

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-05-01$11.46$8.0042.0%12.1%29.1%67.7%40.2%4.4%-5.0%123.9K-3.4M-32.5K0.1356.32N/AN/A2733615,5846,703
2014-05-02$11.42$8.0041.5%11.8%28.3%66.2%0.0%4.9%-7.3%125.4K-3.4M-32.6K0.3356.29N/AN/A732415,6126,705
2014-05-05$11.22$8.0040.2%11.4%27.2%61.8%41.7%3.8%1.5%119.3K-2.9M-32.2K0.6767.82N/AN/A906015,6606,701
2014-05-06$11.20$8.0041.2%11.7%24.9%65.3%0.0%-1.1%1.2%105.2K-2.4M-30.3K2.6063.09N/AN/A8121115,6966,721
2014-05-07$11.00$8.0041.1%12.0%25.4%64.8%0.0%4.0%0.4%89.6K-1.9M-29.7K1.3358.76N/AN/A739715,6646,769
2014-05-08$10.68$8.0042.4%12.2%25.1%69.1%42.8%3.3%1.6%74.8K-1.1M-27.6K2.8553.90N/AN/A13638715,6686,788
2014-05-09$10.74$8.0047.9%11.6%24.7%86.7%0.0%-0.6%0.8%71.6K-868.3K-28.7K0.1260.91N/AN/A5146215,6947,104
2014-05-12$10.93$8.0050.9%11.7%24.4%96.1%0.0%0.3%1.5%73.3K-1.3M-28.9K3.1283.68N/AN/A15347716,1197,153
2014-05-13$11.08$8.0056.5%10.7%23.6%100.0%0.0%0.0%-0.2%86.3K-1.9M-29.6K0.3970.97N/AN/A1606316,0897,190
2014-05-14$11.07$8.0030.5%11.2%23.3%27.1%0.0%-0.1%1.4%36.5K-2.0M-28.3K0.8270.25N/AN/A13611216,1917,221
2014-05-15$10.82$8.0033.0%11.8%24.0%34.0%31.5%1.2%2.1%40.6K-1.1M-27.5K2.9071.13N/AN/A16347216,0777,168
2014-05-16$10.92$8.0033.4%12.1%23.8%35.3%0.0%4.5%1.5%18.1K-1.2M-27.9K0.4459.37N/AN/A502216,1047,397
2014-05-19$10.95$8.0032.2%11.7%23.9%31.9%38.5%3.6%1.3%55.6K-1.9M-27.6K0.0357.55N/AN/A3811014,3286,818
2014-05-20$10.83$8.0032.6%11.7%22.7%32.9%39.2%-0.6%-0.9%62.9K-1.7M-26.9K0.8354.99N/AN/A927614,6486,814
2014-05-21$10.97$8.0029.3%11.5%23.6%23.6%0.0%0.3%2.1%60.6K-2.0M-26.5K1.6164.59N/AN/A8012914,6546,811
2014-05-22$11.07$8.0028.6%10.9%24.0%21.8%37.8%2.1%3.6%62.1K-2.3M-26.0K0.1555.37N/AN/A1642514,6766,764
2014-05-23$11.32$8.0029.9%11.0%24.7%25.4%0.0%-3.9%0.5%51.1K-3.3M-27.1K0.0074.34N/AN/A542014,7906,788
2014-05-27$11.17$8.0029.4%10.8%23.1%24.1%39.6%-4.5%-0.8%49.1K-3.1M-26.2K0.1750.64N/AN/A1993415,0546,788
2014-05-28$11.11$8.0029.5%10.8%23.1%24.2%0.0%-4.3%1.0%49.2K-2.8M-25.8K0.8464.93N/AN/A917615,0146,776
2014-05-29$11.06$8.0028.1%10.9%23.2%20.3%0.0%-7.8%2.5%46.4K-2.8M-25.4K130.5066.61N/AN/A226115,0936,737
2014-05-30$10.90$8.0028.7%11.4%22.6%22.0%0.0%-2.0%1.1%62.1K-2.1M-25.8K0.0763.02N/AN/A3412515,0956,950