DSX Options History — February 2018

In February 2018, DSX traded between $3.35 and $3.92. ATM implied volatility averaged 62.2%, placing in the 43.1% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded above realized volatility by 16.8% (HV 20d: 45.4%). Max pain ranged from $4.00 to $4.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.61.

Notable Days

  • 2018-02-01: Highest Volume — 6,215 contracts
  • 2018-02-02: Largest IV spike — 28.6% change
  • 2018-02-12: Highest IV Rank — 77.6%
  • 2018-02-06: Largest Expected Move — 25.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.68$3.35$3.92$3.70$3.84
Max Pain$4.00$4.00$4.00$4.00$4.00
ATM IV62.2%43.3%82.8%43.3%49.6%
Expected Move18.8%14.2%25.8%17.5%14.2%
HV 20d45.4%40.2%51.3%44.6%51.3%
HV 60d39.6%37.1%47.6%47.6%41.8%
IV Rank43.1%11.3%77.6%11.3%21.9%
IV Percentile62.4%7.1%96.0%7.1%23.0%
Term Structure-5.0%-24.2%15.1%-1.2%4.9%
VWIV64.7%49.8%84.1%61.8%49.8%
Skew 25d5.1%-15.2%21.9%21.9%1.6%
Skew 10d14.8%-23.8%61.6%33.5%2.0%
Call IV 25d61.4%49.3%88.9%50.7%50.2%
Put IV 25d66.5%51.7%85.6%72.6%51.8%
Bid-Ask Spread %26.4912.8054.5432.3423.96
Gamma HHI0.670.530.890.890.85
Net GEX54.2K12.4K89.1K12.4K89.1K
Net DEX-516.7K-1.2M178.1K81.3K-803.7K
Net VEX-5.8K-7.0K-4.4K-4.4K-5.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.042.410.040.60
Total Volume1,333.4217356,2156,215835
Total OI16,798.47410,76118,44410,76116,941

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$3.70$4.0043.3%17.5%44.6%11.3%61.8%21.9%-1.2%12.4K81.3K-4.4K0.0432.34N/AN/A5,9602557,3473,414
2018-02-02$3.50$4.0055.7%20.8%44.2%32.1%73.0%8.8%-4.0%38.7K-383.9K-6.3K0.3529.27N/AN/A78627212,9223,467
2018-02-05$3.35$4.0066.3%21.2%44.8%50.0%66.9%9.5%-17.5%33.6K6.8K-5.1K0.5854.54N/AN/A77144712,8933,539
2018-02-06$3.42$4.0065.4%25.8%45.8%48.4%79.6%15.7%-24.2%33.5K-204.5K-5.9K2.4124.82N/AN/A31475812,9443,762
2018-02-07$3.49$4.0069.8%20.0%42.4%55.8%61.1%11.3%15.1%35.1K138.9K-5.2K0.9840.53N/AN/A40840012,9483,990
2018-02-08$3.42$4.0074.7%21.4%40.2%64.0%75.9%7.0%-4.1%31.5K178.1K-5.0K0.8436.72N/AN/A43136112,9824,059
2018-02-09$3.62$4.0069.9%20.0%46.3%56.0%69.8%15.3%-6.5%41.0K-384.5K-6.3K0.6439.72N/AN/A53634312,9704,037
2018-02-12$3.64$4.0082.8%23.7%44.7%77.6%84.1%-7.0%-17.1%40.0K-447.9K-6.4K0.2726.93N/AN/A1,48339413,1554,032
2018-02-13$3.65$4.0079.5%22.8%44.5%72.1%78.6%16.9%-21.9%47.3K-545.0K-6.7K0.5129.64N/AN/A75438414,1174,085
2018-02-14$3.79$4.0064.8%18.6%42.7%47.5%63.8%-6.6%-4.3%59.7K-730.3K-6.9K0.4921.54N/AN/A78838414,2744,095
2018-02-15$3.92$4.0061.6%17.7%44.3%42.0%65.0%-15.2%-4.7%68.4K-1.2M-7.0K0.6922.42N/AN/A59040614,2854,095
2018-02-16$3.78$4.0061.1%17.5%46.0%41.3%61.1%4.0%-1.6%62.1K-582.2K-6.4K0.4416.07N/AN/A87538414,3474,097
2018-02-20$3.77$4.0064.3%18.4%44.4%46.6%64.1%-0.7%-5.4%61.2K-759.7K-5.8K0.3919.98N/AN/A88234513,3143,180
2018-02-21$3.81$4.0060.4%17.3%44.0%40.1%60.3%3.1%-1.6%67.6K-864.5K-6.0K0.3918.66N/AN/A90434813,4903,204
2018-02-22$3.81$4.0052.1%14.9%43.7%26.1%52.4%5.8%3.0%75.8K-820.0K-5.8K0.5818.69N/AN/A59634813,5443,209
2018-02-23$3.65$4.0050.8%14.6%46.0%23.9%52.3%-1.1%1.7%63.9K-301.0K-4.8K0.5812.80N/AN/A57933713,5363,209
2018-02-26$3.88$4.0055.9%16.0%51.3%32.5%55.9%2.2%-2.4%81.9K-1.1M-5.6K0.3818.08N/AN/A68525713,5673,212
2018-02-27$3.89$4.0054.1%15.5%51.2%29.4%54.0%3.9%-3.9%87.5K-1.2M-5.6K0.4116.57N/AN/A52121413,6773,232
2018-02-28$3.84$4.0049.6%14.2%51.3%21.9%49.8%1.6%4.9%89.1K-803.7K-5.3K0.6023.96N/AN/A52131413,7083,233