DSX Options History — May 2019

In May 2019, DSX traded between $2.99 and $3.30. ATM implied volatility averaged 44.2%, placing in the 15.6% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 7.1% (HV 20d: 37.0%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.35.

Notable Days

  • 2019-05-31: Highest Volume — 295 contracts
  • 2019-05-14: Largest IV spike — 236.3% change
  • 2019-05-14: Highest IV Rank — 100.0%
  • 2019-05-14: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.22$2.99$3.30$3.25$2.99
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV44.2%24.2%167.6%38.4%42.3%
Expected Move10.5%6.9%15.5%11.0%12.1%
HV 20d37.0%24.7%44.6%33.4%44.6%
HV 60d38.3%35.1%41.6%38.5%36.9%
IV Rank15.6%0.0%100.0%11.9%12.6%
IV Percentile32.0%0.0%100.0%19.4%36.5%
Term Structure3.4%-13.9%65.2%-0.3%7.2%
VWIV37.7%26.8%60.5%38.0%40.5%
Skew 25d13.2%-9.3%58.3%11.0%38.7%
Skew 10d29.4%-9.5%106.0%13.5%76.7%
Call IV 25d34.1%28.3%51.6%29.7%47.4%
Put IV 25d47.3%20.0%86.6%40.7%86.1%
Bid-Ask Spread %81.6032.47125.52125.5296.65
Gamma HHI0.570.360.720.590.36
Net GEX3.3K1.2K5.7K3.3K1.2K
Net DEX-260.7K-328.6K-131.2K-261.4K-145.2K
Net VEX-1.3K-1.7K-882-1.6K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.006.380.040.15
Total Volume81.7733295144295
Total OI3,735.3643,6083,8133,6083,718

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$3.25$3.0038.4%11.0%33.4%11.9%38.0%11.0%-0.3%3.3K-261.4K-1.6K0.04125.52N/AN/A13862,5851,023
2019-05-02$3.23$3.0040.6%11.6%32.3%14.1%42.4%16.1%5.2%4.2K-253.4K-1.7K0.0496.64N/AN/A13862,6091,023
2019-05-03$3.25$3.0034.9%10.0%32.2%8.5%40.7%38.9%7.0%4.4K-266.4K-1.6K0.0432.47N/AN/A15962,6091,023
2019-05-06$3.25$3.0039.4%14.2%32.2%12.9%49.4%16.5%-7.6%4.4K-265.2K-1.6K0.1590.42N/AN/A84132,6281,023
2019-05-07$3.23$3.0042.5%13.1%28.8%16.0%45.5%19.5%-2.2%4.5K-282.4K-1.6K0.14102.09N/AN/A92132,7121,035
2019-05-08$3.23$3.0066.3%9.9%28.8%39.4%36.3%0.7%-5.6%4.4K-245.5K-1.3K0.1141.08N/AN/A123142,7211,035
2019-05-09$3.18$3.0050.5%9.2%25.0%23.8%33.8%19.0%3.1%3.3K-243.3K-1.5K0.1788.81N/AN/A145242,7271,034
2019-05-10$3.17$3.0054.5%13.6%24.7%27.8%46.8%21.0%-5.6%3.9K-224.7K-1.5K0.0034.63N/AN/A5202,7171,044
2019-05-13$3.00$3.0049.9%12.9%31.1%23.2%44.9%19.9%-0.9%2.1K-131.2K-1.4K6.3875.92N/AN/A8512,7171,044
2019-05-14$3.30$3.00167.6%15.5%42.1%100.0%41.5%58.3%10.1%5.7K-282.9K-1.5K0.5579.32N/AN/A156862,6981,084
2019-05-15$3.29$3.0030.9%8.9%41.5%3.3%27.6%9.6%5.4%3.2K-299.3K-1.3K0.0072.89N/AN/A1402,7171,088
2019-05-16$3.28$3.0028.1%8.1%41.5%1.3%29.1%4.0%-3.8%3.0K-293.5K-1.2K0.0080.10N/AN/A2402,7251,088
2019-05-17$3.29$3.0024.2%6.9%41.5%0.0%28.4%-9.3%9.8%3.1K-324.4K-1.1K0.00109.52N/AN/A2602,7221,088
2019-05-20$3.29$3.0025.4%7.3%41.4%0.8%0.0%7.5%65.2%3.1K-322.0K-1.1K0.0096.06N/AN/A2002,6951,049
2019-05-21$3.30$3.0025.4%7.3%41.4%0.8%29.1%3.1%-2.7%3.4K-328.6K-1.1K0.0084.87N/AN/A2402,6991,049
2019-05-22$3.30$3.0025.8%7.4%41.4%1.1%29.6%1.8%2.5%3.5K-322.8K-8820.00106.11N/AN/A2102,6951,049
2019-05-23$3.26$3.0028.0%8.0%41.7%2.7%26.8%-2.4%-2.3%2.6K-296.6K-1.2K0.0089.38N/AN/A2102,6961,049
2019-05-24$3.23$3.0034.9%10.0%41.9%7.4%29.6%3.1%8.3%2.0K-257.0K-1.1K0.0063.72N/AN/A2702,6961,049
2019-05-28$3.21$3.0028.3%8.1%41.6%2.9%27.1%1.4%8.2%1.8K-273.6K-1.2K0.0084.60N/AN/A502,6861,049
2019-05-29$3.20$3.0044.8%12.8%41.6%14.4%43.2%13.1%-12.5%2.7K-231.8K-1.3K0.0040.27N/AN/A502,6911,049
2019-05-30$3.06$3.0048.9%14.0%44.0%17.2%60.5%-1.5%-13.9%2.8K-183.2K-1.2K0.00104.10N/AN/A302,6911,049
2019-05-31$2.99$3.0042.3%12.1%44.6%12.6%40.5%38.7%7.2%1.2K-145.2K-1.3K0.1596.65N/AN/A256392,6911,027