DSX Options History — June 2020

In June 2020, DSX traded between $1.40 and $1.94. ATM implied volatility averaged 90.9%, placing in the 41.5% IV rank vs the trailing year. The 30-day expected move averaged 26.3%. IV traded above realized volatility by 0.1% (HV 20d: 90.8%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.05.

Notable Days

  • 2020-06-04: Highest Volume — 435 contracts
  • 2020-06-24: Largest IV spike — 91.6% change
  • 2020-06-02: Highest IV Rank — 84.2%
  • 2020-06-02: Largest Expected Move — 46.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.71$1.40$1.94$1.40$1.50
Max Pain$1.32$1.00$2.00$2.00$2.00
ATM IV90.9%42.9%163.0%163.0%69.2%
Expected Move26.3%12.3%46.7%46.7%20.9%
HV 20d90.8%73.7%103.4%73.7%90.0%
HV 60d97.8%94.3%102.0%95.3%94.3%
IV Rank41.5%12.9%84.2%84.2%28.5%
IV Percentile80.5%50.6%98.8%98.8%70.2%
Term Structure2.8%-44.6%104.5%-4.0%6.4%
VWIV94.3%49.8%143.0%104.7%143.0%
Skew 25d-6.3%-51.1%84.5%-24.9%-35.6%
Skew 10d-9.0%-73.1%62.6%-2.9%-46.6%
Call IV 25d99.9%50.4%169.5%103.5%169.5%
Put IV 25d93.6%52.9%134.9%78.5%133.9%
Bid-Ask Spread %123.8343.22178.5299.29114.11
Gamma HHI0.620.470.870.500.56
Net GEX5.6K1.6K16.7K1.6K2.3K
Net DEX-126.9K-309.9K-6.6K-6.6K-91.0K
Net VEX-1.0K-1.5K-642-747-745
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.050.000.460.000.00
Total Volume125.8185435646
Total OI7,737.0453,46110,0009,2133,533

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$1.40$2.000.0%0.0%73.7%0.0%0.0%0.0%0.0%1.6K-6.6K-7470.0099.29N/AN/A608,334879
2020-06-02$1.48$2.00163.0%46.7%77.2%84.2%0.0%-24.9%-4.0%1.6K-52.6K-9200.0043.22N/AN/A12308,338879
2020-06-03$1.77$2.0042.9%12.3%102.0%12.9%0.0%0.0%104.5%3.7K-56.2K-9750.00129.23N/AN/A23808,455879
2020-06-04$1.82$1.0079.1%29.9%102.4%34.4%104.7%-19.6%7.0%12.9K-208.7K-1.3K0.16129.42N/AN/A375608,643879
2020-06-05$1.87$1.00104.8%16.9%102.7%49.7%49.8%-51.1%50.9%12.9K-235.8K-1.4K0.01174.20N/AN/A37058,715879
2020-06-08$1.94$1.0097.6%24.8%103.4%45.4%86.6%7.8%-13.0%14.8K-309.9K-1.5K0.0153.99N/AN/A24328,616884
2020-06-09$1.85$1.0057.6%23.3%88.6%21.6%81.2%84.5%-8.2%16.7K-194.9K-1.3K0.02132.32N/AN/A23048,793884
2020-06-10$1.88$1.00104.0%29.8%82.1%49.2%0.0%0.0%-28.0%15.3K-282.3K-1.4K0.00172.14N/AN/A5509,021888
2020-06-11$1.67$1.00106.5%30.5%94.2%50.7%107.8%-47.4%18.1%2.4K-43.5K-9220.00152.56N/AN/A1109,078888
2020-06-12$1.67$1.0094.9%27.2%94.3%43.8%95.3%-7.0%1.2%3.1K-104.1K-1.1K0.00113.15N/AN/A509,088888
2020-06-15$1.72$1.0093.7%26.9%90.7%43.1%0.0%-37.5%-7.8%3.2K-39.0K-9270.00144.86N/AN/A1509,093888
2020-06-16$1.77$1.0087.7%25.1%90.9%39.5%87.7%0.0%-8.6%3.4K-79.0K-1.1K0.00178.52N/AN/A809,107887
2020-06-17$1.76$1.00102.1%29.3%89.4%48.1%0.0%0.0%-21.6%3.6K-74.5K-1.1K0.00154.02N/AN/A14009,113887
2020-06-18$1.80$1.0093.6%26.8%89.4%43.1%93.9%0.0%0.0%3.7K-115.7K-1.1K0.00147.12N/AN/A3009,153723
2020-06-19$1.78$1.00100.0%28.7%89.1%46.9%100.8%25.4%-44.6%3.6K-110.5K-1.1K0.1465.62N/AN/A74109,215723
2020-06-22$1.79$1.00100.8%28.9%87.6%47.3%101.4%29.6%-9.8%3.9K-201.9K-1.1K0.1447.57N/AN/A98143,210278
2020-06-23$1.78$1.0070.7%20.3%87.0%29.4%79.6%28.1%18.6%3.9K-184.6K-1.1K0.46110.94N/AN/A112513,208292
2020-06-24$1.67$1.00135.4%38.8%90.0%67.9%143.0%17.1%-40.5%2.7K-149.3K-9800.11155.01N/AN/A271303,233292
2020-06-25$1.62$2.0072.9%20.9%90.4%30.7%0.0%-42.3%-5.8%2.6K-96.2K-6420.00152.74N/AN/A5503,159322
2020-06-26$1.56$2.0060.3%17.3%91.3%23.3%0.0%-21.5%11.3%2.3K-75.2K-6950.00129.79N/AN/A7103,139322
2020-06-29$1.53$2.0072.9%20.9%91.6%30.8%0.0%-35.6%29.8%2.4K-80.3K-7110.00124.34N/AN/A1603,208322
2020-06-30$1.50$2.0069.2%0.0%90.0%28.5%0.0%0.0%6.4%2.3K-91.0K-7450.00114.11N/AN/A4603,211322