DSX Options History — February 2021

In February 2021, DSX traded between $2.51 and $3.59. ATM implied volatility averaged 126.0%, placing in the 58.9% IV rank vs the trailing year. The 30-day expected move averaged 35.9%. IV traded above realized volatility by 27.5% (HV 20d: 98.6%). Max pain ranged from $2.00 to $3.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 2.02.

Notable Days

  • 2021-02-23: Highest Volume — 9,645 contracts
  • 2021-02-02: Largest IV drop — 30.4% change
  • 2021-02-16: Highest IV Rank — 81.7%
  • 2021-02-16: Largest Expected Move — 46.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.95$2.51$3.59$2.51$3.09
Max Pain$2.37$2.00$3.00$2.00$3.00
ATM IV126.0%79.2%162.8%150.7%95.3%
Expected Move35.9%22.7%46.7%43.2%27.3%
HV 20d98.6%60.7%120.8%83.8%119.6%
HV 60d79.4%68.2%88.5%68.2%86.3%
IV Rank58.9%30.0%81.7%74.2%39.9%
IV Percentile75.9%32.7%94.7%92.2%53.1%
Term Structure-17.5%-84.9%26.8%-33.9%17.5%
VWIV129.8%80.9%170.2%153.6%98.7%
Skew 25d-3.5%-36.2%97.6%-12.3%-5.5%
Skew 10d3.8%-84.8%83.0%-14.5%1.7%
Call IV 25d135.8%85.2%190.8%106.7%103.6%
Put IV 25d132.2%80.9%182.8%94.4%98.0%
Bid-Ask Spread %78.6150.70123.06123.0687.19
Gamma HHI0.420.330.560.390.49
Net GEX4.1K-25.3K14.1K7.2K-16.3K
Net DEX-1.1M-1.7M-325.7K-850.7K-828.8K
Net VEX-4.1K-7.0K-2.3K-2.3K-6.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.020.0033.200.080.35
Total Volume1,443.579789,645771176
Total OI10,290.7896,09721,5996,21121,599

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$2.51$2.00150.7%43.2%83.8%74.2%153.6%-12.3%-33.9%7.2K-850.7K-2.3K0.08123.06N/AN/A711605,617594
2021-02-02$2.70$2.00104.8%30.0%86.1%45.8%104.3%-35.9%4.8%8.6K-943.1K-2.5K0.05118.30N/AN/A403205,553638
2021-02-03$2.73$2.0097.0%27.8%86.1%41.0%97.9%38.3%23.8%9.3K-936.6K-2.6K0.0095.87N/AN/A62915,592649
2021-02-04$2.65$2.0095.0%33.1%87.5%39.8%113.5%14.6%-19.9%7.7K-883.2K-2.4K0.28103.27N/AN/A5351505,447650
2021-02-05$2.62$2.00116.2%34.5%86.7%52.8%120.6%2.1%-37.9%8.2K-871.8K-2.6K0.6386.24N/AN/A56355,719748
2021-02-08$2.60$2.00131.0%35.3%60.7%62.0%123.2%-29.8%-30.9%7.4K-877.2K-2.6K0.0174.73N/AN/A7715,673768
2021-02-09$3.01$2.00151.7%34.5%77.3%74.8%123.3%-8.9%-18.1%8.4K-1.1M-2.8K0.1471.34N/AN/A1,6482325,646769
2021-02-10$2.93$2.00147.2%42.2%78.2%72.0%145.3%-21.2%-32.8%7.8K-1.1M-3.3K0.3376.79N/AN/A6312116,091972
2021-02-11$2.95$2.00128.3%36.8%78.2%60.4%137.1%6.9%-13.7%9.2K-1.1M-3.2K0.1181.52N/AN/A579636,5211,173
2021-02-12$3.59$2.00154.3%44.2%101.9%76.4%161.9%-32.6%-47.3%9.8K-1.7M-3.9K0.1750.70N/AN/A3,6896266,6861,202
2021-02-16$3.46$2.00162.8%46.7%103.6%81.7%170.2%-36.2%-84.9%8.4K-1.7M-4.4K0.1666.35N/AN/A1,3272157,9891,747
2021-02-17$3.08$2.00151.9%43.6%114.1%74.9%159.6%-17.8%-20.2%12.5K-1.4M-4.6K0.2452.23N/AN/A8312008,5281,898
2021-02-18$3.00$3.00157.8%45.2%114.5%78.5%164.9%97.6%-40.9%14.1K-1.4M-4.8K0.1865.63N/AN/A414758,9652,094
2021-02-19$3.19$3.00138.3%39.6%115.8%66.5%137.0%-12.3%-16.2%8.9K-1.6M-4.9K1.0557.76N/AN/A6817149,1862,175
2021-02-22$3.02$3.00128.1%36.7%118.3%60.2%143.1%22.1%-15.6%7.3K-1.2M-5.0K0.7758.52N/AN/A9026938,0742,565
2021-02-23$2.84$3.00108.2%31.0%120.8%47.9%117.9%14.0%1.0%5.2K-968.2K-5.0K33.2070.60N/AN/A2829,3638,5383,156
2021-02-24$2.94$3.0079.2%22.7%120.1%30.0%80.9%-22.1%26.8%-25.3K-325.7K-6.3K0.6277.12N/AN/A3962448,69312,228
2021-02-25$3.06$3.0096.7%27.7%119.8%40.8%112.3%-28.2%6.4%-20.3K-583.1K-7.0K0.0576.43N/AN/A531278,94012,442
2021-02-26$3.09$3.0095.3%27.3%119.6%39.9%98.7%-5.5%17.5%-16.3K-828.8K-6.8K0.3587.19N/AN/A130469,16512,434