DSX Options History — February 2019

In February 2019, DSX traded between $2.64 and $3.23. ATM implied volatility averaged 49.2%, placing in the 27.5% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 8.3% (HV 20d: 40.9%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.32.

Notable Days

2019-02-26: Highest Volume — 867 contracts
2019-02-27: Largest IV drop — 27.3% change
2019-02-25: Highest IV Rank — 41.4%
2019-02-25: Largest Expected Move — 17.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.99	$2.64	$3.23	$2.99	$2.64
Max Pain	$3.00	$3.00	$3.00	$3.00	$3.00
ATM IV	49.2%	36.8%	60.8%	42.6%	36.8%
Expected Move	14.5%	10.6%	17.4%	15.0%	10.6%
HV 20d	40.9%	36.2%	45.8%	41.7%	45.8%
HV 60d	41.2%	36.1%	43.7%	43.7%	39.9%
IV Rank	27.5%	12.7%	41.4%	19.6%	12.7%
IV Percentile	56.2%	9.9%	92.1%	28.6%	9.9%
Term Structure	-3.5%	-16.5%	16.4%	-6.5%	11.3%
VWIV	52.4%	35.6%	70.8%	46.4%	35.6%
Skew 25d	27.3%	-9.8%	61.0%	20.3%	38.6%
Skew 10d	52.5%	2.5%	113.3%	34.7%	58.4%
Call IV 25d	49.0%	38.6%	61.6%	47.5%	47.9%
Put IV 25d	76.3%	46.3%	102.3%	67.8%	86.4%
Bid-Ask Spread %	58.69	23.77	100.46	58.34	46.36
Gamma HHI	0.62	0.49	0.84	0.51	0.82
Net GEX	15.9K	11.2K	25.1K	12.1K	13.2K
Net DEX	-178.8K	-437.5K	58.8K	-98.2K	58.8K
Net VEX	-1.4K	-1.8K	-1.2K	-1.4K	-1.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.32	0.00	1.25	0.29	0.83
Total Volume	328.368	0	867	299	467
Total OI	6,681.368	5,870	8,578	5,870	8,578

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2019-02-01	$2.99	$3.00	42.6%	15.0%	41.7%	19.6%	46.4%	20.3%	-6.5%	12.1K	-98.2K	-1.4K	0.29	58.34	N/A	N/A	231	68	4,817	1,053
2019-02-04	$3.00	$3.00	42.1%	14.7%	37.6%	19.0%	47.1%	20.3%	-8.5%	12.3K	-84.2K	-1.3K	1.25	62.10	N/A	N/A	8	10	4,836	1,053
2019-02-05	$3.03	$3.00	37.5%	12.8%	36.8%	13.5%	70.8%	24.6%	1.3%	12.7K	-100.7K	-1.3K	0.77	64.13	N/A	N/A	13	10	4,836	1,063
2019-02-06	$3.07	$3.00	45.1%	12.9%	36.2%	22.5%	45.2%	53.1%	-1.1%	13.3K	-105.4K	-1.3K	0.04	40.90	N/A	N/A	260	10	4,831	1,063
2019-02-07	$3.01	$3.00	56.4%	16.2%	36.2%	36.1%	56.3%	21.9%	-11.6%	12.2K	-109.1K	-1.4K	0.04	38.06	N/A	N/A	260	10	4,836	1,063
2019-02-08	$3.06	$3.00	46.5%	13.3%	37.1%	24.3%	46.7%	61.0%	-0.0%	12.6K	-105.5K	-1.3K	0.72	27.00	N/A	N/A	156	112	4,851	1,063
2019-02-11	$3.03	$3.00	48.8%	14.0%	37.1%	26.9%	0.0%	21.9%	-3.3%	12.7K	-81.6K	-1.3K	0.00	23.77	N/A	N/A	0	0	4,852	1,148
2019-02-12	$3.23	$3.00	52.0%	14.9%	43.9%	30.8%	0.0%	34.0%	-3.3%	13.7K	-219.8K	-1.5K	0.00	43.22	N/A	N/A	116	0	4,852	1,144
2019-02-13	$3.12	$3.00	51.3%	14.7%	44.9%	30.1%	51.5%	21.9%	-5.2%	13.1K	-151.0K	-1.4K	0.00	30.66	N/A	N/A	164	0	4,970	1,144
2019-02-14	$3.08	$3.00	54.1%	15.5%	45.1%	33.4%	54.1%	1.7%	-6.6%	13.1K	-131.5K	-1.4K	0.00	99.45	N/A	N/A	184	0	5,012	1,119
2019-02-15	$3.03	$3.00	55.3%	15.8%	42.9%	34.8%	55.2%	26.9%	-10.4%	11.2K	-159.9K	-1.3K	0.03	96.69	N/A	N/A	581	20	5,074	1,119
2019-02-19	$3.02	$3.00	56.4%	16.2%	41.8%	36.1%	57.0%	30.4%	13.3%	18.1K	-320.3K	-1.5K	0.02	100.46	N/A	N/A	536	10	5,756	825
2019-02-20	$2.99	$3.00	49.3%	14.1%	39.3%	27.6%	50.1%	27.7%	-1.3%	21.9K	-366.3K	-1.6K	0.18	97.46	N/A	N/A	288	51	6,171	837
2019-02-21	$3.02	$3.00	54.4%	15.6%	39.6%	33.7%	57.2%	27.3%	-10.4%	21.8K	-400.1K	-1.8K	0.15	35.93	N/A	N/A	646	100	6,325	888
2019-02-22	$2.98	$3.00	52.3%	15.0%	39.8%	31.2%	52.6%	25.7%	-9.9%	24.7K	-390.0K	-1.8K	0.37	26.57	N/A	N/A	271	100	6,677	927
2019-02-25	$3.01	$3.00	60.8%	17.4%	40.0%	41.4%	60.8%	35.6%	-16.5%	25.1K	-437.5K	-1.8K	0.08	47.82	N/A	N/A	192	16	6,814	944
2019-02-26	$2.75	$3.00	54.3%	15.6%	45.3%	33.6%	57.8%	35.5%	-13.4%	21.1K	-198.2K	-1.6K	0.29	93.14	N/A	N/A	673	194	6,995	959
2019-02-27	$2.70	$3.00	39.5%	11.3%	45.6%	15.9%	46.3%	-9.8%	16.4%	17.9K	4.0K	-1.3K	0.72	82.98	N/A	N/A	280	202	7,380	1,071
2019-02-28	$2.64	$3.00	36.8%	10.6%	45.8%	12.7%	35.6%	38.6%	11.3%	13.2K	58.8K	-1.2K	0.83	46.36	N/A	N/A	255	212	7,459	1,119