DSX Options History — December 2018

In December 2018, DSX traded between $3.15 and $3.51. ATM implied volatility averaged 56.3%, placing in the 36.1% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded above realized volatility by 10.2% (HV 20d: 46.1%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.87.

Notable Days

  • 2018-12-21: Highest Volume — 917 contracts
  • 2018-12-24: Largest IV spike — 36.9% change
  • 2018-12-24: Highest IV Rank — 63.9%
  • 2018-12-24: Largest Expected Move — 22.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.34$3.15$3.51$3.50$3.22
Max Pain$3.50$3.00$4.00$4.00$3.00
ATM IV56.3%37.2%79.6%37.2%65.5%
Expected Move15.8%9.5%22.8%10.7%18.8%
HV 20d46.1%32.3%56.2%55.7%33.4%
HV 60d46.4%45.4%47.2%46.1%47.1%
IV Rank36.1%13.1%63.9%13.1%47.0%
IV Percentile73.8%9.1%98.4%9.1%94.0%
Term Structure2.8%-13.0%41.4%9.9%-2.4%
VWIV51.3%28.6%73.6%47.3%60.0%
Skew 25d18.1%2.0%36.4%7.3%14.0%
Skew 10d25.4%1.0%64.7%5.8%18.6%
Call IV 25d38.4%25.4%53.2%33.3%51.5%
Put IV 25d56.4%31.7%79.4%40.6%65.5%
Bid-Ask Spread %84.2030.09139.8785.3330.09
Gamma HHI0.500.360.760.410.56
Net GEX2.6K-1.5K5.3K1.6K5.2K
Net DEX381.9K-30.0K610.0K477.9K-30.0K
Net VEX-1.6K-1.8K-1.3K-1.7K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.004.840.040.00
Total Volume251.9560917135204
Total OI9,408.34,19011,46510,7664,344

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$3.50$4.0037.2%10.7%55.7%13.1%47.3%7.3%9.9%1.6K477.9K-1.7K0.0485.33N/AN/A13056,9833,783
2018-12-04$3.50$4.0037.8%10.8%55.7%13.8%37.9%5.9%9.2%2.3K469.0K-1.7K0.0295.13N/AN/A20557,1013,788
2018-12-05$3.51$4.0049.5%14.2%55.6%27.9%37.6%11.2%14.3%3.0K526.3K-1.5K0.02104.86N/AN/A20557,1013,788
2018-12-06$3.42$4.0046.6%16.5%55.8%24.4%53.1%4.1%-5.2%779510.7K-1.7K0.08103.00N/AN/A133106,9963,788
2018-12-07$3.47$4.0044.3%9.5%56.2%21.6%28.6%2.0%18.7%2.3K502.9K-1.7K0.2096.62N/AN/A50107,1063,782
2018-12-10$3.45$4.0052.1%18.0%49.6%31.0%62.9%36.4%-11.9%2.3K492.1K-1.7K4.84102.56N/AN/A251217,1743,782
2018-12-11$3.45$4.0068.6%10.2%48.7%50.7%32.5%7.3%14.7%627475.8K-1.8K2.8058.64N/AN/A25707,1863,898
2018-12-12$3.43$4.0060.3%17.3%47.2%40.8%60.6%30.7%-13.0%952523.5K-1.7K3.22108.14N/AN/A23747,1863,948
2018-12-13$3.34$4.0058.5%16.8%47.3%38.6%58.5%22.3%-3.3%971610.0K-1.3K0.5647.71N/AN/A87497,1963,961
2018-12-14$3.25$4.0056.6%16.2%48.3%36.4%56.6%18.9%-1.6%-1.5K602.1K-1.5K0.1750.76N/AN/A277477,1903,955
2018-12-17$3.33$3.0062.1%17.8%48.7%43.0%0.0%29.2%-4.6%2.2K532.6K-1.5K0.5156.36N/AN/A101517,4143,961
2018-12-18$3.40$3.0060.2%17.3%47.1%40.7%40.5%22.3%-2.8%3.1K483.6K-1.6K0.3175.28N/AN/A137437,5133,912
2018-12-19$3.25$3.0057.4%16.5%48.3%37.4%58.0%25.3%2.5%-287557.3K-1.5K0.1894.47N/AN/A238437,4843,905
2018-12-20$3.32$3.0056.8%16.3%48.0%36.6%41.4%11.3%-4.0%3.8K517.8K-1.4K0.98134.26N/AN/A3633557,4873,905
2018-12-21$3.28$3.0058.1%16.7%37.9%38.2%53.9%24.1%-3.2%5.1K469.7K-1.5K0.2684.40N/AN/A7281897,6903,775
2018-12-24$3.17$3.0079.6%22.8%38.8%63.9%73.6%28.5%41.4%5.3K-24.6K-1.4K0.46139.87N/AN/A3011383,0741,116
2018-12-26$3.22$3.0057.9%16.6%34.4%37.9%59.0%12.6%-4.8%5.0K-26.6K-1.4K1.0153.54N/AN/A97983,0941,192
2018-12-27$3.16$3.0059.7%17.1%33.9%40.1%61.3%22.7%2.4%5.0K-24.4K-1.4K0.9951.21N/AN/A99983,1101,193
2018-12-28$3.15$3.0058.1%16.7%32.3%38.2%60.0%25.2%-0.5%4.8K-7.8K-1.4K0.75111.78N/AN/A114863,1121,193
2018-12-31$3.22$3.0065.5%18.8%33.4%47.0%0.0%14.0%-2.4%5.2K-30.0K-1.4K0.0030.09N/AN/A20403,1371,207