DSX Options History — January 2022

In January 2022, DSX traded between $3.43 and $4.27. ATM implied volatility averaged 58.2%, placing in the 20.4% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded above realized volatility by 8.1% (HV 20d: 50.1%). Max pain ranged from $4.00 to $4.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.41.

Notable Days

  • 2022-01-25: Highest Volume — 15,176 contracts
  • 2022-01-11: Largest IV spike — 37.6% change
  • 2022-01-24: Highest IV Rank — 30.9%
  • 2022-01-24: Largest Expected Move — 20.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.89$3.43$4.27$4.24$3.54
Max Pain$4.00$4.00$4.00$4.00$4.00
ATM IV58.2%42.7%72.0%52.2%58.0%
Expected Move17.0%12.2%20.7%15.0%16.6%
HV 20d50.1%44.1%57.5%52.0%57.1%
HV 60d56.3%54.9%57.3%56.9%55.7%
IV Rank20.4%8.6%30.9%15.8%20.2%
IV Percentile26.6%1.2%62.7%9.5%19.4%
Term Structure6.2%-6.6%26.5%8.5%-3.9%
VWIV63.1%42.9%105.6%52.6%64.1%
Skew 25d23.5%-18.1%157.5%37.1%26.2%
Skew 10d61.4%-15.3%312.1%123.2%90.7%
Call IV 25d59.0%37.7%73.2%39.7%63.3%
Put IV 25d82.5%48.6%218.2%76.8%89.6%
Bid-Ask Spread %81.2420.38113.4945.4285.95
Gamma HHI0.720.480.960.780.94
Net GEX24.3K2.4K115.3K2.4K105.3K
Net DEX-574.8K-2.3M74.1K-211.7K-2.0M
Net VEX-3.4K-10.2K-1.3K-1.3K-9.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.010.800.230.34
Total Volume2,112.3558215,1761,205637
Total OI6,770.42,20821,0252,20821,025

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$4.24$4.0052.2%15.0%52.0%15.8%52.6%37.1%8.5%2.4K-211.7K-1.3K0.2345.42N/AN/A9832221,536672
2022-01-04$4.27$4.0052.6%15.1%48.5%16.1%52.4%14.6%9.8%5.2K-335.1K-1.7K0.5555.27N/AN/A5723162,019676
2022-01-05$4.07$4.0042.7%12.2%50.2%8.6%42.9%6.1%26.5%3.5K-240.7K-1.9K0.5166.82N/AN/A6083112,283777
2022-01-06$4.09$4.0044.0%15.7%50.3%9.6%65.8%-13.4%8.3%5.8K-288.4K-2.1K0.4882.78N/AN/A5552642,484758
2022-01-07$4.11$4.0048.5%15.7%49.1%13.0%71.3%-18.1%5.0%6.3K-298.5K-2.1K0.4869.83N/AN/A5652732,499764
2022-01-10$4.02$4.0044.0%16.1%49.8%9.5%46.8%10.2%7.7%5.4K-261.3K-2.0K0.5671.98N/AN/A5773262,522774
2022-01-11$4.15$4.0060.5%16.3%46.7%22.1%57.6%157.5%3.1%5.9K-298.2K-2.1K0.3573.37N/AN/A7832742,521875
2022-01-12$4.15$4.0060.5%17.3%44.1%22.1%58.0%44.2%-1.2%8.3K-430.3K-2.4K0.29101.44N/AN/A7682252,941916
2022-01-13$3.98$4.0056.2%16.1%45.9%18.9%57.2%33.4%11.2%7.9K-277.7K-2.2K0.4390.33N/AN/A8653702,944921
2022-01-14$4.08$4.0063.2%18.1%45.2%24.2%66.4%31.4%7.6%6.9K-336.5K-2.5K0.80105.16N/AN/A3722963,0451,078
2022-01-18$4.01$4.0067.9%19.5%45.2%27.7%74.4%36.8%11.5%4.8K-290.9K-2.4K0.6499.55N/AN/A3542283,0471,156
2022-01-19$3.95$4.0069.7%20.0%45.7%29.1%57.8%64.5%14.0%3.4K-262.0K-2.3K0.6295.26N/AN/A3752343,0451,139
2022-01-20$3.83$4.0068.2%19.6%46.8%28.0%63.6%59.9%-4.6%4.3K-174.0K-2.1K0.4199.56N/AN/A6282583,0401,135
2022-01-21$3.56$4.0070.4%20.2%53.5%29.7%68.4%0.1%24.2%6.9K74.1K-2.0K0.53102.17N/AN/A3992113,3191,216
2022-01-24$3.57$4.0072.0%20.7%52.0%30.9%70.7%9.5%-3.1%6.4K-160.3K-2.0K0.5195.33N/AN/A3942002,912609
2022-01-25$3.57$4.0058.8%16.9%51.9%20.8%64.1%5.1%-6.6%7.0K-112.9K-1.9K0.0179.41N/AN/A15,0041722,968658
2022-01-26$3.43$4.0056.0%16.1%53.4%18.7%105.6%-8.6%10.5%67.2K-1.4M-6.8K0.02113.49N/AN/A11,03017815,072658
2022-01-27$3.62$4.0059.4%17.0%57.5%21.3%61.2%-12.2%1.3%108.4K-2.3M-10.2K0.1320.38N/AN/A1,35117820,074654
2022-01-28$3.62$4.0058.7%16.8%56.8%20.7%62.0%-14.5%-6.6%115.3K-1.9M-9.5K0.2471.38N/AN/A71917220,022654
2022-01-31$3.54$4.0058.0%16.6%57.1%20.2%64.1%26.2%-3.9%105.3K-2.0M-9.5K0.3485.95N/AN/A47516220,371654