DSX Options History — September 2021

In September 2021, DSX traded between $4.95 and $6.27. ATM implied volatility averaged 60.2%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 17.4%. IV traded below realized volatility by 3.5% (HV 20d: 63.8%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.47.

Notable Days

  • 2021-09-21: Highest Volume — 5,701 contracts
  • 2021-09-20: Largest IV spike — 27.3% change
  • 2021-09-20: Highest IV Rank — 24.8%
  • 2021-09-20: Largest Expected Move — 20.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.49$4.95$6.27$4.95$5.71
Max Pain$5.48$5.00$6.00$5.00$6.00
ATM IV60.2%52.1%71.4%53.9%61.2%
Expected Move17.4%15.5%20.5%15.5%17.5%
HV 20d63.8%52.1%78.8%55.3%72.7%
HV 60d59.2%55.3%64.7%57.0%60.5%
IV Rank17.9%12.8%24.8%13.9%18.5%
IV Percentile18.6%4.0%41.3%4.4%21.8%
Term Structure2.0%-5.4%9.4%3.2%0.7%
VWIV61.0%54.1%74.1%54.1%59.4%
Skew 25d-2.9%-18.3%11.0%-2.3%11.0%
Skew 10d5.5%-10.7%45.1%-3.4%18.8%
Call IV 25d60.3%50.0%76.7%50.8%57.3%
Put IV 25d57.4%44.6%68.4%48.5%68.4%
Bid-Ask Spread %32.2010.9666.0515.1110.97
Gamma HHI0.350.260.590.390.29
Net GEX28.7K-85.0K76.7K52.2K76.7K
Net DEX-4.7M-9.5M-2.3M-2.3M-5.7M
Net VEX-18.6K-21.7K-15.8K-16.2K-21.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.032.712.710.23
Total Volume1,490.4293675,701542383
Total OI30,17019,23434,84833,62727,803

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$4.95$5.0053.9%15.5%55.3%13.9%54.1%-2.3%3.2%52.2K-2.3M-16.2K2.7115.11N/AN/A14639621,70011,927
2021-09-02$5.05$5.0052.1%16.7%52.2%12.8%59.0%-10.5%3.6%47.6K-2.7M-16.6K0.1016.56N/AN/A9139121,75012,117
2021-09-03$5.04$5.0054.0%15.8%52.1%14.0%55.4%-9.9%7.0%44.8K-2.6M-16.7K1.4050.09N/AN/A15321421,78812,496
2021-09-07$5.40$5.0056.2%16.8%55.0%15.4%56.1%5.7%6.1%19.8K-4.2M-17.8K0.3665.88N/AN/A1,89467822,14212,470
2021-09-08$5.29$5.0056.1%16.1%54.7%15.3%56.0%-2.2%2.7%24.1K-3.9M-17.7K0.6521.57N/AN/A1,43592722,15012,479
2021-09-09$5.49$5.0058.4%16.7%55.5%16.7%58.0%-1.0%9.4%17.2K-4.8M-18.5K0.5431.47N/AN/A1,12960422,46012,146
2021-09-10$5.54$6.0060.1%17.2%55.4%17.8%59.2%-1.8%4.8%13.3K-5.0M-18.3K0.5031.22N/AN/A76838122,43612,412
2021-09-13$5.89$6.0062.0%17.8%57.6%19.0%63.9%0.9%0.5%-47.6K-6.8M-18.2K0.2528.48N/AN/A1,62340022,29612,339
2021-09-14$6.15$6.0061.5%17.6%58.1%18.7%59.5%2.8%-0.6%-53.3K-8.3M-18.6K0.1613.67N/AN/A2,08732822,26712,152
2021-09-15$6.27$6.0060.7%17.4%55.3%18.2%59.0%-6.8%-0.8%-25.7K-9.5M-18.4K0.1412.79N/AN/A1,00114522,30112,120
2021-09-16$6.12$6.0060.0%17.2%57.0%17.7%59.8%-14.1%-0.3%-85.0K-8.3M-18.7K0.1515.40N/AN/A1,54423022,48212,065
2021-09-17$5.82$6.0056.1%16.1%55.6%15.3%58.5%-3.7%7.6%57.4K-5.0M-18.0K0.4725.88N/AN/A1,36864622,63112,125
2021-09-20$5.04$5.0071.4%20.5%78.8%24.8%74.1%-18.3%-4.5%45.5K-2.4M-15.8K0.3954.06N/AN/A1,03540114,7794,455
2021-09-21$5.06$6.0062.7%18.0%76.3%19.4%66.3%-13.2%2.8%46.0K-2.4M-16.2K0.5066.05N/AN/A3,8001,90115,1434,668
2021-09-22$5.24$6.0062.5%17.9%75.8%19.3%63.1%-3.1%1.9%52.8K-2.9M-17.4K0.0749.02N/AN/A6754515,8394,955
2021-09-23$5.23$5.0060.4%17.3%75.7%18.0%64.8%-9.8%1.9%55.8K-3.8M-20.5K0.4310.96N/AN/A38516419,1916,778
2021-09-24$5.28$6.0063.9%18.3%75.6%20.1%62.4%-1.5%-5.1%59.1K-4.0M-20.6K0.6218.32N/AN/A39324519,4666,827
2021-09-27$5.52$5.0062.5%17.9%74.2%19.3%60.1%6.3%4.8%66.1K-4.8M-21.7K0.0647.87N/AN/A5183119,5886,917
2021-09-28$5.54$5.0065.8%18.9%74.2%21.4%68.5%2.7%-5.4%66.0K-4.8M-21.2K0.0333.04N/AN/A1,1443319,6717,112
2021-09-29$5.56$5.0063.6%18.2%72.5%20.0%64.3%7.0%2.3%69.2K-4.9M-21.4K0.2157.79N/AN/A86617920,0037,124
2021-09-30$5.71$6.0061.2%17.5%72.7%18.5%59.4%11.0%0.7%76.7K-5.7M-21.5K0.2310.97N/AN/A3117220,6577,146