DSX Options History — February 2020

In February 2020, DSX traded between $2.11 and $2.78. ATM implied volatility averaged 49.0%, placing in the 19.0% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 17.4% (HV 20d: 31.6%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 7.88.

Notable Days

  • 2020-02-12: Highest Volume — 872 contracts
  • 2020-02-24: Largest IV spike — 163.5% change
  • 2020-02-24: Highest IV Rank — 45.1%
  • 2020-02-24: Largest Expected Move — 25.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.58$2.11$2.78$2.66$2.19
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV49.0%32.3%87.2%57.8%83.2%
Expected Move14.1%9.3%25.0%16.6%23.9%
HV 20d31.6%22.4%55.3%22.4%55.3%
HV 60d29.0%25.0%37.3%28.5%36.5%
IV Rank19.0%7.6%45.1%25.0%42.4%
IV Percentile67.3%26.2%97.2%93.3%96.8%
Term Structure-0.6%-40.0%20.3%-17.4%-40.0%
VWIV57.3%30.4%105.8%48.9%105.8%
Skew 25d16.3%-25.3%102.2%102.2%-12.1%
Skew 10d21.4%-18.8%113.0%110.5%-7.5%
Call IV 25d46.4%30.3%70.5%46.6%70.5%
Put IV 25d62.7%30.4%148.8%148.8%58.5%
Bid-Ask Spread %54.1525.4697.9774.1170.49
Gamma HHI0.400.280.560.410.32
Net GEX371-2.8K2.8K-9822.3K
Net DEX166.8K27.7K227.9K215.5K167.9K
Net VEX-1.5K-2.0K-901-1.5K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.880.0060.0060.000.01
Total Volume155087210119
Total OI7,376.6326,8447,9166,8487,916

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$2.66$3.0057.8%16.6%22.4%25.0%0.0%102.2%-17.4%-982215.5K-1.5K0.0074.11N/AN/A0104,8152,033
2020-02-04$2.68$3.0043.7%12.5%23.0%15.4%0.0%31.9%14.6%-848212.2K-1.6K60.0059.84N/AN/A1604,8112,033
2020-02-05$2.71$3.0033.7%9.6%23.6%8.5%0.0%41.9%2.0%-855200.7K-1.5K0.0034.38N/AN/A13004,8122,033
2020-02-06$2.71$3.0047.9%12.0%23.5%18.2%48.9%8.0%5.5%-2.2K214.0K-1.3K0.0026.79N/AN/A0104,9022,033
2020-02-07$2.68$3.0048.1%14.2%23.6%18.4%62.4%10.6%-12.3%-1.6K206.5K-1.5K0.0043.32N/AN/A0344,9022,023
2020-02-10$2.68$3.0046.3%14.7%23.7%17.2%0.0%11.0%4.2%-2.1K227.9K-1.3K0.0060.78N/AN/A204,9032,049
2020-02-11$2.78$3.0039.3%12.6%27.9%12.4%47.2%-8.4%-6.0%-2.8K197.5K-1.4K0.1054.12N/AN/A108114,9052,049
2020-02-12$2.77$3.0044.6%12.8%25.1%16.0%42.4%-8.9%-6.2%-2.4K183.0K-1.4K0.0052.07N/AN/A86934,9312,059
2020-02-13$2.77$3.0046.2%13.3%25.1%17.1%0.0%19.6%16.0%2.3K27.7K-2.0K0.0054.45N/AN/A005,6781,928
2020-02-14$2.75$3.0032.3%9.3%25.1%7.6%0.0%14.1%20.3%790.4K-1.9K2.5031.71N/AN/A4105,6781,928
2020-02-18$2.73$3.0043.1%12.4%24.9%15.0%31.0%16.8%15.0%1.8K97.7K-1.8K0.2525.46N/AN/A2055,6781,938
2020-02-19$2.72$3.0034.2%9.8%24.7%8.9%0.0%10.6%16.7%853125.8K-1.8K0.0065.53N/AN/A5705,6861,943
2020-02-20$2.75$3.0054.8%15.7%22.5%22.9%57.9%82.7%-6.6%2.1K71.9K-2.0K0.0130.29N/AN/A24025,7051,943
2020-02-21$2.66$3.0033.1%9.5%23.8%8.2%0.0%14.9%20.1%2.5K146.3K-1.6K0.0861.06N/AN/A10685,9221,943
2020-02-24$2.36$3.0087.2%25.0%47.9%45.1%30.4%-25.3%0.0%2.8K170.4K-1.2K0.0397.97N/AN/A579185,9901,706
2020-02-25$2.20$3.0042.6%12.2%52.7%14.6%84.3%-3.9%-5.2%2.3K210.2K-9010.0962.82N/AN/A335306,0201,710
2020-02-26$2.14$3.0046.0%13.2%52.8%17.0%0.0%-10.0%-12.7%2.1K204.0K-91950.0044.59N/AN/A1506,0551,700
2020-02-27$2.11$3.0067.7%19.4%52.8%31.8%62.9%13.4%-19.5%2.0K200.2K-9855.1579.02N/AN/A201036,0561,740
2020-02-28$2.19$3.0083.2%23.9%55.3%42.4%105.8%-12.1%-40.0%2.3K167.9K-1.3K0.0170.49N/AN/A11816,0761,840