DSX Options History — August 2021

In August 2021, DSX traded between $4.01 and $5.17. ATM implied volatility averaged 60.7%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 17.4%. IV traded above realized volatility by 5.8% (HV 20d: 54.9%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.44.

Notable Days

  • 2021-08-26: Highest Volume — 3,992 contracts
  • 2021-08-19: Largest IV spike — 19.7% change
  • 2021-08-02: Highest IV Rank — 24.3%
  • 2021-08-02: Largest Expected Move — 20.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.46$4.01$5.17$4.38$4.97
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV60.7%55.6%70.6%70.6%58.0%
Expected Move17.4%15.9%20.2%20.2%16.6%
HV 20d54.9%49.3%60.0%49.3%56.3%
HV 60d62.8%54.1%70.5%70.3%57.0%
IV Rank18.2%15.0%24.3%24.3%16.5%
IV Percentile13.2%5.6%27.0%27.0%9.9%
Term Structure4.1%-4.6%13.6%3.8%-2.0%
VWIV61.1%55.4%70.3%70.3%57.9%
Skew 25d4.4%-14.0%22.7%0.6%-1.8%
Skew 10d11.1%-32.4%46.1%11.3%-2.6%
Call IV 25d60.1%48.7%79.5%70.3%51.5%
Put IV 25d64.5%49.8%85.5%70.9%49.8%
Bid-Ask Spread %32.3111.3570.1926.7627.37
Gamma HHI0.350.260.440.260.32
Net GEX29.2K18.0K47.4K20.2K47.4K
Net DEX-514.0K-3.3M781.0K-518.3K-2.4M
Net VEX-13.7K-17.4K-11.3K-16.4K-16.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.001.990.201.99
Total Volume782.318623,992299296
Total OI32,537.90928,28834,31132,32133,810

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$4.38$5.0070.6%20.2%49.3%24.3%70.3%0.6%3.8%20.2K-518.3K-16.4K0.2026.76N/AN/A2495018,60913,712
2021-08-03$4.10$5.0060.0%17.2%54.2%17.7%59.7%12.4%9.4%23.6K678.8K-14.2K0.3370.19N/AN/A75925318,82613,862
2021-08-04$4.01$5.0059.7%17.1%52.1%17.6%59.9%8.4%3.8%25.4K781.0K-13.7K0.1443.38N/AN/A2683719,00613,826
2021-08-05$4.26$5.0068.3%17.1%56.9%22.9%62.6%-5.4%9.1%29.9K188.1K-14.7K0.1643.72N/AN/A75111919,13714,072
2021-08-06$4.24$5.0061.7%17.4%55.6%18.8%62.1%18.3%7.7%28.9K142.1K-15.1K1.7219.74N/AN/A325519,28214,078
2021-08-09$4.15$5.0057.7%18.6%55.0%16.3%68.9%1.4%0.0%26.8K491.6K-13.8K0.4415.61N/AN/A431919,12014,112
2021-08-10$4.35$5.0060.1%17.3%53.9%17.8%61.0%15.9%8.8%27.9K18.4K-12.8K0.0935.92N/AN/A3523119,13614,152
2021-08-11$4.38$5.0056.2%16.1%53.9%15.4%58.3%-4.9%11.4%31.1K-86.6K-13.8K0.3820.77N/AN/A742819,16014,171
2021-08-12$4.38$5.0057.3%16.4%53.6%16.0%61.0%5.2%13.6%25.8K-220.9K-13.4K0.6428.17N/AN/A1227819,27814,188
2021-08-13$4.35$5.0061.7%17.7%51.7%18.8%58.0%-0.2%3.6%27.1K-12.3K-13.1K0.2328.94N/AN/A561319,31814,191
2021-08-16$4.35$5.0057.9%16.6%51.5%16.4%55.9%14.6%9.6%34.5K126.3K-12.0K0.3153.45N/AN/A2036219,40814,219
2021-08-17$4.22$5.0067.4%19.3%52.7%22.3%68.4%4.0%-4.1%26.5K188.6K-12.4K0.0332.75N/AN/A5841919,42014,207
2021-08-18$4.38$5.0056.1%16.1%50.7%15.3%60.7%-6.2%2.7%28.7K-175.1K-12.4K0.0624.51N/AN/A5503119,21514,218
2021-08-19$4.13$5.0067.1%19.2%54.0%22.2%65.2%-14.0%1.5%26.1K702.5K-11.7K0.3816.28N/AN/A582219,02714,215
2021-08-20$4.31$5.0058.3%16.7%56.2%16.7%55.4%4.4%2.6%36.1K338.0K-11.3K0.4633.56N/AN/A42919719,32714,204
2021-08-23$4.58$5.0067.3%19.3%59.0%22.3%67.4%4.4%-4.6%27.2K-659.3K-12.0K0.0439.10N/AN/A2,70510116,43211,856
2021-08-24$4.78$5.0060.6%17.4%58.1%18.1%60.4%19.6%0.0%18.0K-1.4M-12.9K0.2442.60N/AN/A90421916,67712,044
2021-08-25$4.74$5.0055.6%15.9%56.9%15.0%56.6%17.3%3.9%41.6K-1.5M-13.6K0.1211.35N/AN/A7008618,40212,116
2021-08-26$4.83$5.0058.6%16.8%57.0%16.8%57.9%22.7%1.5%36.0K-1.8M-13.7K0.0039.94N/AN/A3,987518,44712,328
2021-08-27$5.13$5.0058.7%16.8%60.0%16.9%58.4%-12.7%2.8%23.2K-2.8M-14.0K0.2624.06N/AN/A1,09728418,35412,361
2021-08-30$5.17$5.0056.7%16.3%60.0%15.7%58.0%-7.9%5.8%30.2K-3.3M-17.4K1.4032.74N/AN/A53574821,95012,361
2021-08-31$4.97$5.0058.0%16.6%56.3%16.5%57.9%-1.8%-2.0%47.4K-2.4M-16.9K1.9927.37N/AN/A9919721,64512,165