DSX Options History — November 2019

In November 2019, DSX traded between $3.39 and $3.94. ATM implied volatility averaged 47.8%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded below realized volatility by 1.8% (HV 20d: 49.6%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 1.84.

Notable Days

  • 2019-11-05: Highest Volume — 1,840 contracts
  • 2019-11-29: Largest IV spike — 73.5% change
  • 2019-11-12: Highest IV Rank — 54.2%
  • 2019-11-29: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.58$3.39$3.94$3.85$3.50
Max Pain$3.05$3.00$4.00$4.00$3.00
ATM IV47.8%24.7%101.7%52.6%61.5%
Expected Move11.2%7.1%17.6%15.1%17.6%
HV 20d49.6%40.5%54.9%46.6%40.5%
HV 60d36.3%34.9%38.0%35.2%35.1%
IV Rank16.7%0.7%54.2%20.0%26.2%
IV Percentile48.6%1.2%98.8%72.6%92.9%
Term Structure-0.9%-46.6%25.7%11.2%-46.6%
VWIV46.9%20.4%88.6%85.1%88.6%
Skew 25d-3.5%-20.2%5.5%-8.7%4.3%
Skew 10d-5.2%-53.7%10.5%-53.7%10.5%
Call IV 25d37.9%24.0%74.0%74.0%32.6%
Put IV 25d34.4%28.2%65.3%65.3%36.9%
Bid-Ask Spread %56.4720.2595.7995.7935.81
Gamma HHI0.590.500.770.770.52
Net GEX17.5K11.5K23.7K16.6K19.2K
Net DEX-450.8K-818.7K-215.5K-556.0K-528.6K
Net VEX-3.8K-4.4K-2.8K-2.8K-4.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.840.0025.250.440.31
Total Volume270.211,84073488
Total OI6,984.854,8208,0254,8208,025

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$3.85$4.0052.6%15.1%46.6%20.0%85.1%-8.7%11.2%16.6K-556.0K-2.8K0.4495.79N/AN/A5092253,6851,135
2019-11-04$3.80$3.0033.9%10.9%47.0%7.1%38.0%-5.2%5.9%16.9K-488.3K-3.1K0.0028.32N/AN/A703,8361,360
2019-11-05$3.94$3.0046.0%12.2%47.9%15.4%42.1%0.5%4.2%17.3K-644.8K-3.2K0.0024.67N/AN/A1,84003,8361,360
2019-11-06$3.89$3.0054.4%12.9%48.1%21.3%45.1%2.6%0.7%23.7K-818.7K-4.4K0.0154.52N/AN/A13915,1511,360
2019-11-07$3.68$3.0058.6%14.2%52.7%24.2%49.9%-11.6%-6.9%20.7K-601.0K-4.0K0.0971.26N/AN/A552525,1651,359
2019-11-08$3.67$3.0074.8%9.7%52.4%35.5%39.1%-11.3%-9.4%22.8K-594.4K-4.3K0.1074.80N/AN/A248245,7001,361
2019-11-11$3.52$3.0099.6%11.6%54.7%52.7%0.0%-15.0%1.4%19.1K-458.5K-4.0K0.0972.82N/AN/A5855,7521,361
2019-11-12$3.62$3.00101.7%12.2%53.4%54.2%42.9%-10.8%-14.9%20.3K-538.7K-4.2K0.0185.30N/AN/A11615,7961,366
2019-11-13$3.56$3.0046.1%13.2%53.6%15.6%46.9%-15.0%0.4%20.1K-519.1K-4.3K25.2520.25N/AN/A82025,9011,367
2019-11-14$3.54$3.0042.0%12.1%53.6%12.7%48.5%-20.2%-1.7%18.4K-458.2K-4.3K0.2168.62N/AN/A68145,9011,559
2019-11-15$3.57$3.0025.8%7.4%53.6%1.4%0.0%5.4%25.7%18.9K-385.9K-3.9K0.1071.45N/AN/A99105,9361,572
2019-11-18$3.45$3.0030.5%8.7%54.9%4.7%0.0%3.6%20.0%13.8K-255.9K-3.4K0.6223.92N/AN/A101635,7221,561
2019-11-19$3.46$3.0030.5%8.7%54.9%4.7%33.8%1.7%3.5%13.6K-271.0K-3.4K0.0064.77N/AN/A6805,7201,624
2019-11-20$3.46$3.0035.2%10.1%51.8%8.0%0.0%-0.0%-1.1%14.9K-296.6K-3.5K0.0068.69N/AN/A105,7391,624
2019-11-21$3.48$3.0034.8%10.0%46.3%7.7%0.0%2.3%-0.5%15.3K-333.2K-3.6K9.4564.95N/AN/A111045,7391,624
2019-11-22$3.39$3.0031.2%9.0%46.0%5.2%36.5%-2.9%3.6%11.5K-215.5K-3.2K0.0268.20N/AN/A6215,7401,613
2019-11-25$3.43$3.0024.7%7.1%44.4%0.7%20.4%2.6%8.3%16.1K-347.4K-3.7K0.0040.81N/AN/A39505,7781,614
2019-11-26$3.43$3.0036.3%10.4%44.5%8.8%0.0%1.5%-20.8%14.4K-324.8K-3.7K0.0047.31N/AN/A21016,1531,614
2019-11-27$3.46$3.0035.4%10.2%44.7%8.1%39.4%5.5%-0.7%15.2K-379.6K-3.8K0.0047.17N/AN/A12106,3731,615
2019-11-29$3.50$3.0061.5%17.6%40.5%26.2%88.6%4.3%-46.6%19.2K-528.6K-4.4K0.3135.81N/AN/A67216,4101,615