DSX Options History — August 2018

In August 2018, DSX traded between $4.04 and $4.41. ATM implied volatility averaged 43.1%, placing in the 29.8% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 6.9% (HV 20d: 36.2%). Max pain ranged from $4.00 to $4.00. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 1.22.

Notable Days

  • 2018-08-30: Highest Volume — 1,893 contracts
  • 2018-08-13: Largest IV spike — 89.2% change
  • 2018-08-13: Highest IV Rank — 66.3%
  • 2018-08-27: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.23$4.04$4.41$4.40$4.26
Max Pain$4.00$4.00$4.00$4.00$4.00
ATM IV43.1%30.9%63.7%30.9%44.9%
Expected Move12.3%8.9%14.3%8.9%12.9%
HV 20d36.2%33.1%39.0%37.7%33.1%
HV 60d37.7%36.3%40.7%40.7%36.3%
IV Rank29.8%8.2%66.3%8.2%32.9%
IV Percentile29.4%2.0%94.0%2.0%31.3%
Term Structure2.0%-10.3%23.7%23.7%-5.3%
VWIV42.5%27.0%49.6%27.0%44.6%
Skew 25d12.1%-7.2%43.4%7.6%11.1%
Skew 10d25.9%-9.5%97.7%6.2%22.3%
Call IV 25d33.1%26.0%49.9%29.3%34.2%
Put IV 25d45.2%28.8%75.8%36.9%45.3%
Bid-Ask Spread %15.1610.2721.4112.1710.58
Gamma HHI0.370.320.450.410.40
Net GEX6.0K-4.5K16.5K15.2K-4.5K
Net DEX-223.8K-584.2K156.6K-545.3K-207.6K
Net VEX-6.2K-6.8K-5.9K-6.4K-6.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.611.871.230.97
Total Volume1,483.4781,0421,8931,1231,526
Total OI13,712.39112,79914,69613,16814,696

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-08-01$4.40$4.0030.9%8.9%37.7%8.2%27.0%7.6%23.7%15.2K-545.3K-6.4K1.2312.17N/AN/A5036208,6504,518
2018-08-02$4.41$4.0036.3%10.4%37.8%17.8%35.9%6.5%14.7%16.5K-584.2K-6.4K1.1112.24N/AN/A4945488,6604,524
2018-08-03$4.33$4.0031.9%9.1%36.4%9.9%38.2%-7.2%11.2%14.0K-460.8K-6.2K0.6114.81N/AN/A1,1777138,6604,527
2018-08-06$4.31$4.0031.9%12.9%36.4%10.1%45.7%-0.4%-1.6%10.2K-417.5K-6.0K1.0011.13N/AN/A7107098,4334,702
2018-08-07$4.12$4.0042.4%12.2%37.8%28.6%42.0%-5.1%5.5%9.2K-173.4K-5.9K1.2912.65N/AN/A6368228,4404,762
2018-08-08$4.18$4.0043.8%12.4%38.6%31.1%42.1%15.2%2.0%10.2K-194.6K-6.1K1.2915.78N/AN/A7149228,8105,028
2018-08-09$4.16$4.0044.7%13.0%38.0%32.6%42.6%9.3%-2.1%9.6K-118.6K-5.9K1.3616.39N/AN/A6028208,7825,028
2018-08-10$4.21$4.0033.7%12.2%38.5%13.1%41.4%8.6%3.7%8.0K-189.9K-6.1K0.9318.93N/AN/A8097508,7825,223
2018-08-13$4.07$4.0063.7%11.5%36.6%66.3%39.9%7.6%7.3%6.8K70.1K-5.9K1.3117.46N/AN/A6248188,8415,333
2018-08-14$4.14$4.0046.7%11.8%36.7%36.2%40.3%10.5%3.6%6.7K-34.1K-6.0K1.8717.65N/AN/A4278008,8725,535
2018-08-15$4.04$4.0043.9%12.6%36.2%31.2%44.1%7.5%0.8%5.9K156.6K-5.9K1.6717.09N/AN/A4647778,8665,605
2018-08-16$4.07$4.0046.6%13.4%36.5%36.1%46.5%9.5%-0.2%8.8K85.2K-6.0K1.1215.20N/AN/A6246988,8945,622
2018-08-17$4.08$4.0042.2%12.1%35.1%28.2%42.2%8.2%5.5%-451-11.4K-6.1K0.9615.69N/AN/A7597288,9925,699
2018-08-20$4.14$4.0045.0%12.9%35.6%33.1%47.7%7.0%-10.3%735-24.1K-5.9K1.0213.97N/AN/A6876987,4895,310
2018-08-21$4.16$4.0040.2%11.5%34.9%24.7%40.1%43.4%2.4%1.7K-110.5K-6.1K1.4215.58N/AN/A6529277,5755,310
2018-08-22$4.37$4.0043.5%12.5%39.0%30.6%42.8%17.5%0.9%3.9K-361.6K-6.2K1.2710.55N/AN/A6067697,5855,510
2018-08-23$4.27$4.0042.5%12.2%36.3%28.7%41.9%25.7%2.5%2.4K-270.1K-6.5K1.3320.67N/AN/A6778997,7585,650
2018-08-24$4.31$4.0046.9%13.4%35.8%36.5%46.3%24.4%-5.8%2.4K-289.1K-6.7K1.2821.14N/AN/A6778697,7455,820
2018-08-27$4.30$4.0049.8%14.3%35.3%41.6%49.6%18.4%-7.8%2.1K-292.1K-6.7K1.2321.41N/AN/A7078697,7455,830
2018-08-28$4.35$4.0043.1%12.4%34.0%29.9%42.6%17.8%5.6%2.4K-334.6K-6.2K1.1314.80N/AN/A7728697,8155,830
2018-08-29$4.37$4.0049.7%14.2%33.2%41.5%48.0%19.9%-5.5%4.1K-444.0K-6.6K1.1912.57N/AN/A8019547,8385,830
2018-08-30$4.32$4.0047.4%13.6%33.4%37.4%45.9%15.3%-5.5%2.0K-395.1K-6.8K1.4410.27N/AN/A7751,1188,1566,105
2018-08-31$4.26$4.0044.9%12.9%33.1%32.9%44.6%11.1%-5.3%-4.5K-207.6K-6.8K0.9710.58N/AN/A7757518,1566,540