DSX Options History — July 2020

In July 2020, DSX traded between $1.37 and $1.58. ATM implied volatility averaged 86.7%, placing in the 38.9% IV rank vs the trailing year. The 30-day expected move averaged 25.7%. IV traded above realized volatility by 41.1% (HV 20d: 45.6%). 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 0.10.

Notable Days

  • 2020-07-15: Highest Volume — 280 contracts
  • 2020-07-08: Largest IV spike — 103.3% change
  • 2020-07-17: Highest IV Rank — 76.3%
  • 2020-07-08: Largest Expected Move — 44.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.43$1.37$1.58$1.58$1.40
Max Pain$1.09$1.00$2.00$2.00$1.00
ATM IV86.7%59.3%149.6%64.3%81.9%
Expected Move25.7%17.0%44.9%18.4%23.5%
HV 20d45.6%29.9%64.2%64.2%29.9%
HV 60d78.3%70.4%94.2%94.2%70.7%
IV Rank38.9%22.6%76.3%25.6%36.1%
IV Percentile75.4%63.7%96.3%68.6%73.1%
Term Structure-4.8%-91.6%83.7%-15.7%-25.8%
VWIV92.0%75.5%123.3%123.3%85.7%
Skew 25d0.8%-37.5%71.0%-16.0%25.2%
Skew 10d-18.4%-81.8%67.3%-16.0%17.0%
Call IV 25d80.6%49.0%194.7%194.7%49.0%
Put IV 25d81.3%59.2%178.7%178.7%74.1%
Bid-Ask Spread %83.0217.24170.29124.6476.91
Gamma HHI0.640.570.780.570.62
Net GEX2.1K6702.7K2.5K900
Net DEX-60.4K-107.6K-5.9K-92.2K-14.8K
Net VEX-608-778-269-778-312
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.850.000.00
Total Volume79.40912808663
Total OI3,827.2733,5014,1033,5014,099

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$1.58$2.0064.3%18.4%64.2%25.6%0.0%-16.0%-15.7%2.5K-92.2K-7780.00124.64N/AN/A8603,179322
2020-07-02$1.55$2.0070.0%20.1%63.1%29.0%0.0%0.0%-18.6%2.5K-77.9K-7010.00146.56N/AN/A1203,260322
2020-07-06$1.55$1.0081.7%35.3%61.8%36.0%123.3%0.0%-29.9%670-5.9K-2690.85170.29N/AN/A95813,272322
2020-07-07$1.50$1.0072.5%20.8%59.8%30.5%0.0%0.0%7.5%2.3K-65.9K-6430.51118.01N/AN/A99503,302322
2020-07-08$1.49$1.00147.3%44.9%58.4%75.0%0.0%-27.5%38.3%2.3K-77.1K-7160.03116.34N/AN/A3413,399372
2020-07-09$1.40$1.00115.2%33.0%60.2%55.9%0.0%-25.7%-7.8%2.1K-74.2K-7140.00120.10N/AN/A3403,432373
2020-07-10$1.42$1.0059.3%17.0%46.9%22.6%0.0%-25.3%24.6%2.2K-54.1K-6400.0289.53N/AN/A5113,446373
2020-07-13$1.39$1.0077.0%0.0%47.0%33.2%0.0%-35.3%19.4%2.0K-53.3K-6100.00131.63N/AN/A14803,480374
2020-07-14$1.39$1.0060.2%17.3%44.9%23.2%0.0%-37.5%19.1%2.0K-51.0K-6070.01121.13N/AN/A10413,518374
2020-07-15$1.41$1.0062.1%17.8%43.5%24.3%0.0%0.0%24.2%2.2K-56.1K-6290.33143.48N/AN/A211693,612375
2020-07-16$1.39$1.00105.4%30.2%43.4%50.0%0.0%-7.1%-82.5%2.2K-64.7K-6590.0040.03N/AN/A1403,616375
2020-07-17$1.39$1.00149.6%42.9%41.8%76.3%106.6%36.6%-91.6%2.2K-79.9K-7070.1947.17N/AN/A1633,629375
2020-07-20$1.40$1.0066.3%19.0%42.4%26.8%0.0%3.1%-0.4%2.3K-67.0K-6510.0220.83N/AN/A5613,358348
2020-07-21$1.41$1.0078.1%22.4%42.5%33.8%86.7%5.2%-24.2%2.3K-68.1K-6530.0545.50N/AN/A2013,375348
2020-07-22$1.40$1.0068.5%19.6%42.5%28.1%0.0%71.0%-14.8%2.1K-49.0K-5560.0050.29N/AN/A103,390349
2020-07-23$1.39$1.0071.5%20.5%37.8%29.9%77.5%4.8%-3.8%2.2K-62.5K-6090.0119.71N/AN/A19223,392349
2020-07-24$1.39$1.0072.8%20.9%37.1%30.7%75.5%-0.1%7.7%2.1K-47.7K-5510.0057.44N/AN/A5903,482350
2020-07-27$1.37$1.0080.7%23.1%35.4%35.4%89.0%3.2%-27.9%1.6K-19.6K-3900.1032.03N/AN/A4243,547349
2020-07-28$1.38$1.00107.7%30.9%35.4%51.4%85.7%-2.1%-45.1%2.2K-53.6K-5630.0117.24N/AN/A10413,565353
2020-07-29$1.41$1.00133.5%38.3%36.2%66.7%0.0%35.9%83.7%2.4K-87.1K-6680.0089.23N/AN/A8703,666353
2020-07-30$1.42$1.0081.9%23.5%30.1%36.1%0.0%5.4%58.4%2.7K-107.6K-7470.0048.38N/AN/A403,750353
2020-07-31$1.40$1.0081.9%23.5%29.9%36.1%0.0%25.2%-25.8%900-14.8K-3120.0076.91N/AN/A6303,746353