DSX Options History — November 2018

In November 2018, DSX traded between $3.07 and $3.98. ATM implied volatility averaged 58.5%, placing in the 42.5% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded above realized volatility by 4.5% (HV 20d: 54.0%). Max pain ranged from $4.00 to $4.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.74.

Notable Days

  • 2018-11-23: Highest Volume — 1,209 contracts
  • 2018-11-09: Largest IV spike — 191.4% change
  • 2018-11-09: Highest IV Rank — 100.0%
  • 2018-11-19: Largest Expected Move — 19.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.48$3.07$3.98$3.98$3.44
Max Pain$4.00$4.00$4.00$4.00$4.00
ATM IV58.5%30.4%109.7%50.2%38.3%
Expected Move15.3%8.7%19.9%14.4%11.0%
HV 20d54.0%47.5%60.1%51.6%55.4%
HV 60d41.5%37.8%46.6%38.3%46.0%
IV Rank42.5%5.0%100.0%42.4%14.5%
IV Percentile68.7%2.0%100.0%69.8%11.9%
Term Structure0.8%-19.8%28.1%-1.3%22.6%
VWIV53.0%33.2%69.9%50.6%37.6%
Skew 25d12.9%-5.5%46.3%1.2%10.3%
Skew 10d18.8%-2.2%79.6%2.0%10.8%
Call IV 25d43.2%29.3%62.5%49.0%32.4%
Put IV 25d56.1%32.9%94.6%50.2%42.6%
Bid-Ask Spread %25.9114.9451.2737.3434.21
Gamma HHI0.370.300.470.440.32
Net GEX-391-4.5K4.6K4.6K939
Net DEX455.2K1.6K796.1K1.6K468.8K
Net VEX-2.9K-4.7K-1.7K-4.7K-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.361.291.120.45
Total Volume975.3817521,2091,0021,035
Total OI10,772.33310,14411,10210,92110,821

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$3.98$4.0050.2%14.4%51.6%42.4%50.6%1.2%-1.3%4.6K1.6K-4.7K1.1237.34N/AN/A4735296,5194,402
2018-11-02$3.88$4.0054.8%15.7%52.3%50.5%55.0%3.1%-5.5%4.2K71.9K-4.5K1.2625.29N/AN/A4215296,5274,390
2018-11-05$3.85$4.0059.9%13.3%52.3%59.6%42.0%5.5%1.8%2.5K167.4K-4.2K1.2814.94N/AN/A4135296,5784,390
2018-11-06$3.88$4.0054.8%12.8%52.4%50.5%42.9%6.5%5.1%3.1K143.5K-4.2K1.2917.89N/AN/A4115296,5714,390
2018-11-07$3.80$4.0044.2%12.6%47.5%31.7%43.1%2.1%1.9%2.1K307.2K-3.8K1.0017.13N/AN/A4824806,5574,390
2018-11-08$3.76$4.0037.6%12.8%47.6%20.2%43.3%-1.3%0.5%118438.7K-3.5K0.8718.70N/AN/A5204546,5574,401
2018-11-09$3.49$4.00109.7%19.6%53.6%100.0%59.7%12.3%-16.1%91471.8K-3.5K0.7635.63N/AN/A5274026,5484,426
2018-11-12$3.40$4.0081.5%18.6%54.1%66.3%60.1%6.3%-19.8%-2.7K626.7K-2.9K0.7831.60N/AN/A5174026,6174,415
2018-11-13$3.29$4.0083.2%14.7%54.0%68.3%53.1%-5.5%6.9%-4.5K780.9K-2.3K0.6423.00N/AN/A4753026,6504,425
2018-11-14$3.21$4.0059.8%17.1%54.0%40.2%61.1%-2.0%-2.9%-3.9K796.1K-2.4K0.6018.19N/AN/A5053026,6664,436
2018-11-15$3.24$4.0065.4%18.7%54.4%46.9%68.1%28.9%-2.7%-3.1K708.0K-2.5K0.6720.89N/AN/A4493036,6754,334
2018-11-16$3.30$4.0056.8%16.3%54.6%36.6%57.7%0.6%0.4%-3.9K735.8K-2.3K0.8523.09N/AN/A4704016,6804,335
2018-11-19$3.18$4.0069.4%19.9%54.6%51.7%69.9%25.6%-13.4%-3.2K697.2K-2.3K0.5015.32N/AN/A6643306,1084,169
2018-11-20$3.07$4.0063.6%18.2%55.3%44.8%60.1%46.3%-2.2%-2.3K668.6K-1.9K0.5518.40N/AN/A7374056,3233,835
2018-11-21$3.15$4.0067.4%19.3%50.7%49.3%62.9%24.3%-2.7%-1.5K512.6K-2.2K0.5917.98N/AN/A6884056,4593,685
2018-11-23$3.42$4.0063.0%18.1%56.1%44.0%63.7%32.7%-1.8%-1.5K406.3K-2.4K0.6431.06N/AN/A7354746,4843,685
2018-11-26$3.34$4.0061.4%17.6%56.5%42.1%60.3%23.2%-7.7%-1.5K451.9K-2.2K0.3631.11N/AN/A7582756,6783,782
2018-11-27$3.51$4.0030.4%8.7%59.7%5.0%33.2%36.6%15.5%967287.9K-2.6K0.4416.76N/AN/A7113116,9303,778
2018-11-28$3.42$4.0037.8%10.8%60.1%13.9%45.0%-2.1%9.3%881474.5K-1.8K0.5151.27N/AN/A7153637,0443,733
2018-11-29$3.50$4.0038.7%11.1%57.6%14.9%43.1%16.9%28.1%340341.6K-2.3K0.4544.41N/AN/A7243287,0433,783
2018-11-30$3.44$4.0038.3%11.0%55.4%14.5%37.6%10.3%22.6%939468.8K-1.7K0.4534.21N/AN/A7163197,0383,783