DSX Options History — April 2015

In April 2015, DSX traded between $6.02 and $6.40. ATM implied volatility averaged 40.8%, placing in the 31.7% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 17.8% (HV 20d: 23.0%). Max pain ranged from $6.00 to $6.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.85.

Notable Days

  • 2015-04-29: Highest Volume — 1,984 contracts
  • 2015-04-08: Largest IV spike — 22.1% change
  • 2015-04-29: Highest IV Rank — 44.9%
  • 2015-04-29: Largest Expected Move — 14.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.18$6.02$6.40$6.02$6.26
Max Pain$6.00$6.00$6.00$6.00$6.00
ATM IV40.8%33.8%48.7%39.8%43.4%
Expected Move11.8%10.8%14.0%11.4%12.4%
HV 20d23.0%19.9%26.9%26.9%21.1%
HV 60d31.8%24.2%35.5%35.5%24.2%
IV Rank31.7%20.2%44.9%30.1%36.1%
IV Percentile69.0%39.7%95.6%65.1%84.1%
Term Structure-3.0%-10.0%0.2%-4.7%-3.0%
VWIV39.0%30.9%45.7%37.7%33.0%
Skew 25d3.1%-6.6%20.3%9.6%16.1%
Skew 10d4.7%-9.1%19.2%19.2%14.3%
Call IV 25d38.6%28.7%46.3%36.0%31.2%
Put IV 25d41.7%36.2%49.0%45.5%47.2%
Bid-Ask Spread %29.1211.0455.1345.9225.92
Gamma HHI0.390.340.450.400.44
Net GEX-45.5K-59.9K-32.2K-37.1K-56.2K
Net DEX1.7M1.4M2.0M1.8M1.9M
Net VEX-20.7K-22.3K-19.2K-21.5K-19.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.002.140.900.91
Total Volume1,487.192101,9841,1901,919
Total OI19,197.8117,97820,56217,97820,562

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-04-01$6.02$6.0039.8%11.4%26.9%30.1%37.7%9.6%-4.7%-37.1K1.8M-21.5K0.9045.92N/AN/A6265648,2779,701
2015-04-02$6.06$6.0035.6%10.8%23.2%23.1%43.6%5.6%0.0%-40.2K1.9M-20.5K0.8025.06N/AN/A6645348,3039,747
2015-04-06$6.16$6.0042.4%11.6%23.3%34.5%43.1%-4.8%-1.6%-38.7K1.8M-20.7K0.8731.16N/AN/A7216248,3389,795
2015-04-07$6.17$6.0033.8%11.7%23.0%20.2%40.2%-0.4%-0.2%-39.0K1.6M-20.9K0.5419.18N/AN/A7694198,4329,938
2015-04-08$6.14$6.0041.3%11.8%23.0%32.6%0.0%-3.8%-2.1%-38.2K1.6M-21.7K0.0017.65N/AN/A21008,4829,948
2015-04-09$6.08$6.0039.2%11.2%23.0%29.2%41.6%-5.9%-1.7%-38.4K1.8M-20.4K0.4613.27N/AN/A9504348,6729,958
2015-04-10$6.06$6.0038.3%11.0%22.9%27.6%42.0%-6.6%0.2%-32.2K1.8M-20.7K0.5711.04N/AN/A7684348,8879,988
2015-04-13$6.10$6.0039.4%11.3%23.1%29.4%43.7%-4.9%-0.2%-35.6K1.6M-21.2K0.2412.67N/AN/A1,3833388,9809,988
2015-04-14$6.05$6.0042.1%12.1%22.6%34.0%44.6%-5.3%-3.8%-37.8K1.8M-20.6K0.4814.87N/AN/A1,1355478,99010,001
2015-04-15$6.20$6.0039.7%11.4%23.4%30.0%40.6%0.2%-0.7%-43.9K1.7M-20.4K0.5344.89N/AN/A1,0525609,17810,170
2015-04-16$6.20$6.0039.8%11.4%23.4%30.2%40.8%-4.0%-2.5%-36.2K1.5M-21.2K0.5522.91N/AN/A1,0195649,40310,161
2015-04-17$6.08$6.0039.1%11.2%24.0%28.9%37.1%6.3%-2.0%-52.9K1.7M-20.2K0.6722.72N/AN/A8605789,44410,183
2015-04-20$6.26$6.0044.5%12.8%25.3%37.9%45.7%-0.5%-8.1%-50.3K1.6M-20.4K0.7934.08N/AN/A7145658,8769,981
2015-04-21$6.24$6.0040.0%11.5%23.9%30.4%40.7%-3.8%-1.8%-49.4K1.6M-20.5K1.0725.44N/AN/A5956359,17010,008
2015-04-22$6.24$6.0041.4%11.9%23.6%32.8%43.6%-3.8%-4.0%-51.1K1.6M-20.6K1.2934.81N/AN/A5837539,19910,083
2015-04-23$6.23$6.0039.4%11.3%22.7%29.5%36.0%11.3%-2.3%-52.2K1.7M-20.4K2.1430.33N/AN/A5951,2729,26210,254
2015-04-24$6.21$6.0040.3%11.6%21.1%31.0%31.3%9.5%-3.9%-59.8K2.0M-20.2K1.7838.52N/AN/A6941,2369,25410,804
2015-04-27$6.35$6.0043.3%12.4%21.6%36.0%30.9%14.7%-5.9%-59.9K1.7M-20.6K1.6939.63N/AN/A7331,2369,28510,815
2015-04-28$6.37$6.0044.5%12.8%21.2%37.9%31.6%15.0%-4.2%-56.6K1.6M-20.8K0.8255.13N/AN/A1,0778879,26010,815
2015-04-29$6.40$6.0048.7%14.0%19.9%44.9%31.8%20.3%-10.0%-49.8K1.4M-22.3K0.8446.26N/AN/A1,0799059,62410,938
2015-04-30$6.26$6.0043.4%12.4%21.1%36.1%33.0%16.1%-3.0%-56.2K1.9M-19.2K0.9125.92N/AN/A1,0049159,62410,938