DSX Options History — April 2021

In April 2021, DSX traded between $2.95 and $3.79. ATM implied volatility averaged 69.2%, placing in the 23.8% IV rank vs the trailing year. The 30-day expected move averaged 20.5%. IV traded above realized volatility by 7.4% (HV 20d: 61.7%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.83.

Notable Days

  • 2021-04-21: Highest Volume — 4,709 contracts
  • 2021-04-12: Largest IV spike — 77.7% change
  • 2021-04-27: Highest IV Rank — 40.1%
  • 2021-04-27: Largest Expected Move — 27.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.31$2.95$3.79$3.07$3.75
Max Pain$3.95$3.00$4.00$3.00$4.00
ATM IV69.2%31.4%95.5%60.0%84.6%
Expected Move20.5%16.8%27.4%17.2%24.3%
HV 20d61.7%51.6%76.2%74.9%56.1%
HV 60d88.2%85.3%93.9%93.5%85.3%
IV Rank23.8%0.4%40.1%18.1%33.3%
IV Percentile23.6%0.4%59.8%8.0%46.6%
Term Structure5.1%-9.1%32.0%13.8%-0.1%
VWIV73.5%54.0%102.6%102.6%84.1%
Skew 25d0.5%-14.7%36.9%16.9%-2.6%
Skew 10d5.5%-20.5%70.6%25.8%-3.0%
Call IV 25d74.3%45.6%94.9%56.4%69.2%
Put IV 25d74.8%61.7%91.2%73.3%66.6%
Bid-Ask Spread %52.7412.3383.9312.3365.08
Gamma HHI0.400.330.520.350.50
Net GEX7.4K-8.3K26.5K1.4K26.3K
Net DEX-662.2K-2.4M438.1K-94.4K-2.2M
Net VEX-9.8K-13.7K-6.7K-9.4K-13.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.0010.840.160.14
Total Volume764.238674,70967614
Total OI25,601.09522,93628,85724,63128,832

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$3.07$3.0060.0%17.2%74.9%18.1%102.6%16.9%13.8%1.4K-94.4K-9.4K0.1612.33N/AN/A58916,3108,321
2021-04-05$2.96$4.0059.6%22.1%76.2%17.8%76.9%-8.0%-2.9%-80197.5K-8.8K0.2349.47N/AN/A1784116,3258,328
2021-04-06$3.06$4.0079.8%20.2%73.4%30.3%70.3%-4.2%6.6%1.7K-35.5K-9.1K0.2533.88N/AN/A1122816,4628,376
2021-04-07$3.10$4.0054.0%20.2%73.2%14.4%70.3%-3.8%1.4%-3.5K-58.8K-8.6K0.2246.16N/AN/A2485516,4308,406
2021-04-08$3.12$4.0070.0%18.4%65.9%24.3%64.6%-3.5%10.0%-1.5K-54.5K-8.5K2.4364.53N/AN/A4611216,3718,459
2021-04-09$3.14$4.0031.4%19.5%65.4%0.4%67.0%-3.0%2.3%-7.5K-190.6K-8.5K0.0064.00N/AN/A85016,4018,549
2021-04-12$3.03$4.0055.9%18.2%66.1%15.5%71.1%-10.7%8.6%-7.9K220.6K-7.6K0.0434.51N/AN/A201816,4568,550
2021-04-13$2.95$4.0077.4%17.8%66.5%28.8%64.2%-13.1%8.1%-8.2K438.1K-6.8K0.4835.14N/AN/A50324216,3438,537
2021-04-14$3.09$4.0066.7%19.1%67.2%22.2%64.7%-6.7%0.9%-8.3K64.6K-7.7K1.1267.92N/AN/A12714216,4398,593
2021-04-15$3.07$4.0058.7%16.8%53.4%17.3%64.5%-14.7%1.6%-5.3K302.9K-6.7K10.8466.56N/AN/A7480216,4298,505
2021-04-16$3.07$4.0062.0%17.8%51.6%19.3%64.6%-3.8%11.3%5.2K106.0K-7.1K0.1173.29N/AN/A2392616,4138,809
2021-04-19$3.27$4.0068.8%19.7%55.1%23.6%54.0%36.9%0.5%6.2K-28.8K-8.3K0.3024.18N/AN/A3139415,5607,376
2021-04-20$3.21$4.0065.4%18.8%55.3%21.5%63.0%35.5%1.0%6.1K114.4K-7.5K0.2157.59N/AN/A2354915,7607,460
2021-04-21$3.54$4.0075.8%21.7%56.4%27.9%81.4%-4.0%1.5%9.4K-1.1M-10.9K0.0150.91N/AN/A4,6545515,9877,543
2021-04-22$3.46$4.0060.8%17.4%56.2%18.6%81.4%-10.3%32.0%17.9K-1.3M-11.6K0.1761.75N/AN/A69011518,5567,597
2021-04-23$3.64$4.0087.9%25.2%58.3%35.4%89.9%-7.7%-9.1%21.3K-1.6M-12.1K0.0228.95N/AN/A1,3112318,7397,660
2021-04-26$3.75$4.0085.9%24.6%58.6%34.1%83.3%-2.5%7.1%24.0K-2.1M-13.2K0.0762.42N/AN/A1,54610219,4887,662
2021-04-27$3.71$4.0095.5%27.4%55.2%40.1%86.2%-4.3%1.2%26.5K-2.1M-13.0K0.2883.93N/AN/A84623820,3777,726
2021-04-28$3.79$4.0074.9%21.5%55.2%27.3%74.6%2.7%10.0%26.5K-2.4M-13.7K0.2065.67N/AN/A55611020,8107,821
2021-04-29$3.72$4.0077.2%22.1%56.1%28.8%64.5%20.5%1.9%25.3K-2.0M-13.3K0.1059.22N/AN/A1,05810420,9217,936
2021-04-30$3.75$4.0084.6%24.3%56.1%33.3%84.1%-2.6%-0.1%26.3K-2.2M-13.3K0.1465.08N/AN/A5387620,7948,038