DSX Options History — November 2021

In November 2021, DSX traded between $3.96 and $4.91. ATM implied volatility averaged 65.8%, placing in the 24.1% IV rank vs the trailing year. The 30-day expected move averaged 18.3%. IV traded above realized volatility by 16.3% (HV 20d: 49.6%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.97.

Notable Days

  • 2021-11-22: Highest Volume — 2,556 contracts
  • 2021-11-26: Largest IV spike — 12.7% change
  • 2021-11-15: Highest IV Rank — 29.8%
  • 2021-11-03: Largest Expected Move — 20.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.53$3.96$4.91$4.89$4.47
Max Pain$4.15$4.00$5.00$5.00$4.00
ATM IV65.8%53.1%78.7%66.8%67.4%
Expected Move18.3%15.2%20.9%19.2%19.3%
HV 20d49.6%45.3%60.5%60.5%50.9%
HV 60d62.9%61.6%64.4%64.0%63.1%
IV Rank24.1%16.5%29.8%22.0%27.3%
IV Percentile36.5%4.8%66.7%40.1%45.6%
Term Structure0.8%-8.0%14.0%-6.6%0.4%
VWIV67.5%56.2%81.3%71.2%66.1%
Skew 25d2.1%-19.2%56.4%0.3%1.7%
Skew 10d19.8%-34.8%118.7%1.0%82.1%
Call IV 25d68.8%39.3%86.1%79.3%65.2%
Put IV 25d70.9%52.1%95.7%79.6%66.8%
Bid-Ask Spread %64.5728.9095.2092.5371.14
Gamma HHI0.310.220.700.240.29
Net GEX71.0K46.6K116.4K80.4K57.3K
Net DEX-2.0M-3.8M469.3K-3.5M-1.5M
Net VEX-14.6K-18.3K-9.9K-18.0K-11.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.232.090.311.10
Total Volume1,4096932,5561,2051,340
Total OI33,858.9529,14638,29433,53930,538

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$4.89$5.0066.8%19.2%60.5%22.0%71.2%0.3%-6.6%80.4K-3.5M-18.0K0.3192.53N/AN/A92328225,3318,208
2021-11-02$4.70$5.0065.9%18.9%51.1%21.4%67.5%-12.6%-0.7%72.3K-2.8M-17.3K0.4458.48N/AN/A94541925,1308,243
2021-11-03$4.76$5.0073.1%20.9%51.0%25.9%80.1%-2.0%-6.3%73.4K-3.1M-17.8K0.4979.65N/AN/A75636825,4038,380
2021-11-04$4.74$4.0069.3%17.6%49.5%23.5%66.4%1.1%1.9%75.3K-2.8M-16.9K0.8361.13N/AN/A43535925,4348,410
2021-11-05$4.78$4.0078.0%19.1%49.8%28.9%73.4%-0.2%-5.4%75.6K-3.2M-18.3K0.9955.11N/AN/A36336125,5738,411
2021-11-08$4.84$4.0078.7%19.4%50.3%29.3%66.5%6.3%-6.9%74.4K-3.5M-17.4K0.2758.57N/AN/A91424725,5738,448
2021-11-09$4.91$4.0075.8%18.5%50.7%27.5%69.5%4.9%-0.0%75.0K-3.8M-17.8K0.6654.27N/AN/A63241425,6928,448
2021-11-10$4.76$4.0066.8%19.1%50.5%24.5%67.9%5.1%-3.0%71.7K-3.0M-16.9K1.4070.86N/AN/A63589125,9618,611
2021-11-11$4.82$4.0060.2%17.3%46.8%21.9%62.0%-3.5%3.5%68.3K-3.2M-16.9K1.2471.05N/AN/A56169326,0699,187
2021-11-12$4.84$4.0065.1%18.7%46.8%25.6%61.3%9.7%-2.0%66.9K-3.2M-17.0K0.6529.33N/AN/A41927426,1779,209
2021-11-15$4.64$4.0070.6%20.3%46.0%29.8%74.7%-1.8%-8.0%69.4K-2.3M-15.3K0.4769.52N/AN/A64530126,2349,221
2021-11-16$4.42$4.0062.4%17.9%47.2%23.6%68.7%-11.3%1.9%70.4K-1.3M-13.4K0.2328.90N/AN/A1,61937026,5559,259
2021-11-17$4.23$4.0062.8%18.0%48.3%23.8%66.1%-13.2%0.3%86.4K-671.5K-12.8K0.8260.19N/AN/A94076728,5659,541
2021-11-18$4.00$4.0061.2%17.5%48.9%22.7%63.1%-19.2%1.5%93.3K469.3K-11.0K2.0962.99N/AN/A7601,58628,4839,811
2021-11-19$3.96$4.0062.4%17.9%48.8%23.6%62.7%7.1%6.8%116.4K56.7K-10.1K1.9044.88N/AN/A6961,31928,5678,316
2021-11-22$4.08$4.0061.1%17.5%49.9%22.6%59.5%-2.9%3.7%47.9K-511.8K-9.9K1.7865.61N/AN/A9191,63722,3546,792
2021-11-23$4.17$4.0056.5%16.2%51.0%19.1%66.7%22.3%10.3%48.0K-707.7K-11.2K0.6878.78N/AN/A1,11875622,7167,483
2021-11-24$4.33$4.0053.1%15.2%48.0%16.5%56.2%-7.2%14.0%50.4K-1.0M-11.8K1.5595.20N/AN/A52581322,7737,616
2021-11-26$4.22$4.0059.8%17.1%45.3%21.6%81.3%56.4%11.5%46.6K-733.2K-11.1K1.5283.32N/AN/A46771122,8897,568
2021-11-29$4.47$4.0067.4%19.3%50.9%27.3%66.1%1.7%0.4%57.3K-1.5M-11.6K1.1071.14N/AN/A63770322,9447,594