DSX Options History — September 2019

In September 2019, DSX traded between $3.31 and $3.49. ATM implied volatility averaged 40.7%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 9.7% (HV 20d: 31.0%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-09-06: Highest Volume — 436 contracts
  • 2019-09-24: Largest IV spike — 49.6% change
  • 2019-09-09: Highest IV Rank — 28.0%
  • 2019-09-04: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.39$3.31$3.49$3.42$3.39
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV40.7%27.4%64.1%43.8%39.0%
Expected Move10.3%7.5%14.9%12.5%11.2%
HV 20d31.0%22.2%37.9%34.2%22.2%
HV 60d34.5%32.4%36.7%35.9%32.4%
IV Rank11.8%2.5%28.0%13.9%10.6%
IV Percentile38.8%4.4%93.7%48.8%38.1%
Term Structure-1.0%-27.8%15.6%-27.8%-4.8%
VWIV39.5%39.5%39.5%39.5%39.5%
Skew 25d3.9%-5.8%17.7%-5.8%3.1%
Skew 10d0.1%-9.7%16.2%-3.2%-2.2%
Call IV 25d34.0%24.0%40.5%40.5%39.2%
Put IV 25d38.0%24.4%52.5%34.7%42.2%
Bid-Ask Spread %68.3327.52118.7645.4784.49
Gamma HHI0.800.710.880.820.84
Net GEX7.6K6.1K10.3K7.8K7.4K
Net DEX-328.0K-441.1K-155.7K-347.1K-185.4K
Net VEX-2.1K-2.3K-1.9K-2.0K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume57.350436339
Total OI4,817.83,4125,4725,0623,700

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-09-03$3.42$3.0043.8%12.5%34.2%13.9%0.0%-5.8%-27.8%7.8K-347.1K-2.0K0.0045.47N/AN/A303,7571,305
2019-09-04$3.49$3.0051.9%14.9%34.7%19.6%0.0%-5.3%-26.1%9.7K-371.3K-2.0K0.0054.54N/AN/A3403,7601,305
2019-09-05$3.36$3.0044.5%7.5%37.7%14.5%0.0%-0.1%8.7%6.9K-312.9K-1.9K0.0092.75N/AN/A7203,7511,305
2019-09-06$3.44$3.0052.9%11.8%37.9%20.2%0.0%3.4%-12.7%7.9K-374.9K-2.1K0.0087.57N/AN/A43603,8731,305
2019-09-09$3.47$3.0064.1%7.6%36.2%28.0%0.0%2.7%12.4%10.3K-428.4K-2.2K0.0066.12N/AN/A5004,0511,305
2019-09-10$3.45$3.0061.8%9.2%35.8%26.5%0.0%0.2%9.3%8.6K-435.8K-2.3K0.0077.85N/AN/A5004,1011,305
2019-09-11$3.45$3.0032.0%9.2%35.8%5.8%39.5%-5.2%5.5%7.9K-420.6K-2.1K0.0027.52N/AN/A304,1511,305
2019-09-12$3.48$3.0038.5%11.0%35.3%10.2%0.0%-1.3%-6.9%9.3K-441.1K-2.2K0.00118.76N/AN/A004,1511,284
2019-09-13$3.46$3.0032.5%9.3%35.3%6.1%0.0%6.5%5.1%8.8K-439.2K-2.1K0.0044.96N/AN/A13004,1511,289
2019-09-16$3.40$3.0032.7%9.4%35.1%6.2%0.0%5.2%4.5%6.9K-399.1K-2.1K0.00101.67N/AN/A3004,1531,289
2019-09-17$3.33$3.0036.3%10.4%31.0%8.8%0.0%14.0%-0.0%7.0K-373.1K-2.0K0.0044.04N/AN/A004,1831,289
2019-09-18$3.34$3.0036.6%10.5%29.7%8.9%0.0%17.7%3.4%6.2K-384.3K-2.0K0.0085.90N/AN/A004,1831,289
2019-09-19$3.32$3.0029.8%8.5%29.4%4.2%0.0%15.1%15.6%6.3K-381.8K-2.0K0.0074.07N/AN/A004,1831,289
2019-09-20$3.31$3.0034.9%10.0%29.2%7.8%0.0%4.6%-8.7%6.1K-393.3K-2.0K0.0054.44N/AN/A004,1831,234
2019-09-23$3.32$3.0027.4%7.8%25.0%2.5%0.0%-0.7%0.0%6.4K-155.7K-1.9K0.0068.37N/AN/A21702,439973
2019-09-24$3.34$3.0040.9%11.7%25.1%12.0%0.0%5.1%-1.7%7.0K-179.6K-2.1K0.0054.88N/AN/A2902,614973
2019-09-25$3.36$3.0041.0%11.8%24.1%12.0%0.0%6.5%2.5%7.3K-183.0K-2.1K0.0074.44N/AN/A002,643973
2019-09-26$3.38$3.0035.8%10.3%23.4%8.4%0.0%1.5%-2.3%7.6K-179.9K-2.1K0.0031.58N/AN/A0502,643973
2019-09-27$3.36$3.0038.0%10.9%22.9%9.9%0.0%11.4%5.4%7.1K-174.1K-2.2K0.0077.22N/AN/A402,6731,023
2019-09-30$3.39$3.0039.0%11.2%22.2%10.6%0.0%3.1%-4.8%7.4K-185.4K-2.1K0.0084.49N/AN/A3902,6771,023