DSX Options History — December 2019

In December 2019, DSX traded between $3.01 and $3.38. ATM implied volatility averaged 33.8%, placing in the 7.0% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 0.8% (HV 20d: 33.0%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.48.

Notable Days

  • 2019-12-02: Highest Volume — 740 contracts
  • 2019-12-10: Largest IV drop — 37.4% change
  • 2019-12-09: Highest IV Rank — 18.7%
  • 2019-12-31: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.18$3.01$3.38$3.29$3.08
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV33.8%24.1%50.7%34.1%41.1%
Expected Move9.2%6.9%11.8%9.8%11.8%
HV 20d33.0%24.1%40.7%40.7%24.1%
HV 60d37.8%37.0%38.8%37.0%38.6%
IV Rank7.0%0.2%18.7%7.2%12.1%
IV Percentile27.0%0.4%71.0%22.6%56.3%
Term Structure6.4%-16.6%26.0%1.7%-4.1%
VWIV35.4%27.3%41.2%31.8%41.2%
Skew 25d-4.5%-20.4%6.5%2.8%-7.1%
Skew 10d-0.6%-26.5%22.7%-1.4%-10.1%
Call IV 25d39.2%29.1%50.8%38.3%48.3%
Put IV 25d34.8%18.7%53.5%41.0%41.2%
Bid-Ask Spread %51.7119.2188.9443.1159.89
Gamma HHI0.400.340.690.370.39
Net GEX11.4K2.4K28.9K11.9K5.5K
Net DEX-161.0K-328.6K47.2K-264.8K-37.1K
Net VEX-2.7K-3.5K-1.4K-3.3K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.002.861.150.17
Total Volume165.476174074068
Total OI7,700.815,5328,6898,1585,659

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-12-02$3.29$3.0034.1%9.8%40.7%7.2%31.8%2.8%1.7%11.9K-264.8K-3.3K1.1543.11N/AN/A3443966,5371,621
2019-12-03$3.29$3.0029.4%8.4%40.7%3.9%30.4%-5.9%3.2%12.3K-244.5K-3.1K0.0042.80N/AN/A4606,7501,773
2019-12-04$3.30$3.0035.5%10.2%37.6%8.2%41.1%-10.3%-16.6%12.8K-233.0K-3.1K0.0046.69N/AN/A206,7631,773
2019-12-05$3.32$3.0035.4%8.0%37.9%8.1%0.0%-3.8%17.8%12.7K-259.5K-3.2K0.0019.21N/AN/A44706,7621,773
2019-12-06$3.38$3.0038.7%8.5%34.5%10.4%0.0%0.5%17.6%12.9K-328.6K-3.5K0.0050.59N/AN/A1906,7991,773
2019-12-09$3.38$3.0050.7%8.8%34.6%18.7%0.0%0.6%17.1%13.8K-327.8K-3.5K0.0065.82N/AN/A2006,8071,773
2019-12-10$3.34$3.0031.7%9.3%31.8%5.6%0.0%2.1%7.7%11.4K-296.1K-3.2K0.2347.58N/AN/A1336,8061,773
2019-12-11$3.28$3.0027.8%8.0%30.0%2.8%28.9%5.4%15.5%11.7K-273.8K-3.1K0.0065.27N/AN/A16506,8171,776
2019-12-12$3.27$3.0035.7%10.2%29.7%8.4%39.8%-12.7%2.3%11.9K-273.2K-3.0K2.2542.36N/AN/A892006,9131,776
2019-12-13$3.19$3.0024.1%6.9%30.6%0.2%0.0%-3.3%26.0%13.6K-235.6K-3.0K0.2888.94N/AN/A88256,9021,776
2019-12-16$3.18$3.0030.5%8.8%30.2%4.7%36.8%-7.8%11.8%13.8K-202.5K-2.8K0.1048.84N/AN/A105106,8871,755
2019-12-17$3.04$3.0037.4%10.7%31.7%9.5%37.4%-11.0%-3.6%22.4K-119.4K-2.5K0.3630.87N/AN/A4451606,9631,547
2019-12-18$3.01$3.0039.8%11.4%31.6%11.2%39.8%2.3%0.9%28.9K24.3K-2.0K2.6038.45N/AN/A621616,8301,696
2019-12-19$3.09$3.0027.5%7.9%33.7%2.6%0.0%-19.2%1.8%15.9K-166.5K-2.5K0.0088.30N/AN/A36406,8911,756
2019-12-20$3.09$3.0028.0%8.0%33.5%3.0%27.3%-7.0%13.5%6.0K-131.1K-2.4K0.0853.62N/AN/A132106,7011,761
2019-12-23$3.05$3.0029.0%8.3%32.7%3.7%0.0%-3.4%0.0%5.2K-18.7K-2.1K0.0343.64N/AN/A3514,3451,187
2019-12-24$3.03$3.0024.1%6.9%32.1%0.3%0.0%-20.4%7.7%4.3K17.8K-1.9K0.0085.92N/AN/A204,3611,187
2019-12-26$3.04$3.0033.0%9.5%32.2%6.4%33.0%-8.6%7.3%5.4K-22.1K-2.1K2.8639.40N/AN/A14404,3611,187
2019-12-27$3.07$3.0037.0%10.6%32.3%9.2%36.8%6.3%-0.2%5.5K-35.9K-2.2K0.0043.89N/AN/A804,3751,227
2019-12-30$3.07$3.0040.0%11.5%31.7%11.3%0.0%6.5%0.3%2.4K47.2K-1.4K0.0040.64N/AN/A104,3711,227
2019-12-31$3.08$3.0041.1%11.8%24.1%12.1%41.2%-7.1%-4.1%5.5K-37.1K-2.3K0.1759.89N/AN/A58104,3721,287