DSX Options History — August 2019

In August 2019, DSX traded between $3.02 and $3.46. ATM implied volatility averaged 38.7%, placing in the 10.4% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 0.3% (HV 20d: 38.4%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.50.

Notable Days

  • 2019-08-01: Highest Volume — 604 contracts
  • 2019-08-21: Largest IV spike — 39.0% change
  • 2019-08-13: Highest IV Rank — 22.5%
  • 2019-08-02: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.23$3.02$3.46$3.30$3.39
Max Pain$3.09$3.00$4.00$4.00$3.00
ATM IV38.7%28.0%56.1%42.2%36.1%
Expected Move9.9%7.7%14.6%12.1%10.3%
HV 20d38.4%34.9%44.1%39.0%35.3%
HV 60d37.1%34.3%41.1%40.9%35.9%
IV Rank10.4%3.0%22.5%12.8%8.6%
IV Percentile32.1%4.8%81.0%41.3%23.4%
Term Structure5.6%-28.4%142.8%-24.7%-8.6%
VWIV42.6%30.0%58.1%58.1%31.0%
Skew 25d7.1%-26.0%51.4%-26.0%2.4%
Skew 10d26.1%-26.7%113.5%-26.7%4.0%
Call IV 25d33.9%24.9%56.8%56.8%24.9%
Put IV 25d41.0%22.8%87.0%30.8%27.3%
Bid-Ask Spread %84.3230.63126.2382.9171.93
Gamma HHI0.570.460.820.480.82
Net GEX6.1K4.9K8.7K6.9K6.7K
Net DEX-180.3K-318.7K-33.7K-185.7K-318.7K
Net VEX-1.8K-2.0K-1.5K-1.5K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.004.000.540.02
Total Volume82.18206046040
Total OI4,811.54,5705,0624,5705,062

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$3.30$4.0042.2%12.1%39.0%12.8%58.1%-26.0%-24.7%6.9K-185.7K-1.5K0.5482.91N/AN/A3922123,4351,135
2019-08-02$3.26$4.0051.1%14.6%38.1%19.0%52.5%-5.5%-28.4%7.2K-189.1K-1.9K0.0097.69N/AN/A0563,4351,343
2019-08-05$3.19$3.0054.8%7.7%38.4%21.6%0.0%-7.3%19.9%5.9K-167.7K-1.9K0.00115.31N/AN/A0353,4351,339
2019-08-06$3.20$3.0044.2%8.8%37.4%14.2%0.0%3.2%-2.6%6.6K-118.3K-1.9K0.0095.16N/AN/A0103,4351,364
2019-08-07$3.18$3.0047.6%10.0%37.4%16.6%0.0%2.1%-7.3%6.3K-117.3K-1.8K0.00100.23N/AN/A003,4351,359
2019-08-08$3.14$3.0038.0%11.1%36.8%9.9%38.8%24.8%-3.8%6.4K-95.5K-1.8K0.0090.75N/AN/A0523,4351,359
2019-08-09$3.06$3.0036.5%9.3%37.1%8.9%0.0%26.2%7.4%5.6K-65.0K-1.7K0.00104.23N/AN/A0213,4351,359
2019-08-12$3.02$3.0049.5%10.9%37.1%17.9%0.0%11.0%-3.3%5.7K-35.7K-1.7K0.0051.64N/AN/A0553,4351,360
2019-08-13$3.05$3.0056.1%8.7%37.4%22.5%0.0%22.6%7.6%5.2K-33.7K-1.7K0.00126.23N/AN/A043,4351,410
2019-08-14$3.02$3.0045.8%13.1%36.6%15.3%45.8%4.2%-3.9%5.1K-38.5K-1.8K0.37115.42N/AN/A100373,4351,414
2019-08-15$3.08$3.0034.7%10.0%35.3%7.6%0.0%51.4%-1.8%5.3K-38.4K-1.7K0.00109.32N/AN/A003,4251,429
2019-08-16$3.17$3.0035.8%10.3%37.6%8.4%45.2%44.9%6.6%5.2K-89.3K-1.8K0.01125.64N/AN/A12513,4251,429
2019-08-19$3.34$3.0031.6%9.1%43.1%5.5%31.2%6.6%142.8%5.3K-239.9K-1.6K0.4948.43N/AN/A105513,3421,326
2019-08-20$3.42$3.0028.1%8.1%44.1%3.1%0.0%4.3%3.0%5.3K-294.1K-1.7K0.0036.28N/AN/A5003,4471,275
2019-08-21$3.46$3.0039.1%11.2%44.1%10.7%50.7%2.6%-3.6%8.7K-313.6K-1.9K0.0064.69N/AN/A5703,4171,275
2019-08-22$3.42$3.0029.1%8.3%41.4%3.7%0.0%0.4%18.9%5.3K-318.0K-1.8K0.0059.65N/AN/A11503,4671,275
2019-08-23$3.28$3.0036.0%10.3%40.5%8.5%30.0%-5.1%-4.0%7.6K-252.3K-2.0K4.0095.40N/AN/A10403,5721,275
2019-08-26$3.28$3.0029.2%8.4%40.5%3.8%0.0%-3.5%0.1%5.9K-261.8K-1.8K0.0290.74N/AN/A5013,5721,309
2019-08-27$3.22$3.0028.0%8.0%37.7%3.0%0.0%1.5%13.3%6.7K-234.2K-1.9K0.0072.88N/AN/A003,5941,309
2019-08-28$3.28$3.0030.4%8.7%34.9%4.7%0.0%-3.8%-12.4%6.2K-269.2K-1.8K0.0269.91N/AN/A6513,5941,309
2019-08-29$3.33$3.0028.6%8.2%35.1%3.4%31.0%0.0%7.0%4.9K-290.2K-1.8K0.0230.63N/AN/A16033,6251,308
2019-08-30$3.39$3.0036.1%10.3%35.3%8.6%0.0%2.4%-8.6%6.7K-318.7K-2.0K0.0071.93N/AN/A003,7571,305