DSX Options History — April 2022

In April 2022, DSX traded between $4.56 and $5.38. ATM implied volatility averaged 76.1%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 21.5%. IV traded above realized volatility by 12.2% (HV 20d: 63.9%). 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 2 of 20 days. Put/call ratio averaged 0.61.

Notable Days

  • 2022-04-11: Highest Volume — 2,743 contracts
  • 2022-04-11: Largest IV spike — 82.5% change
  • 2022-04-11: Highest IV Rank — 35.9%
  • 2022-04-29: Largest Expected Move — 28.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.97$4.56$5.38$5.25$4.72
Max Pain$4.65$4.00$5.00$5.00$5.00
ATM IV76.1%56.2%123.2%56.2%98.0%
Expected Move21.5%18.5%28.1%18.5%28.1%
HV 20d63.9%57.5%70.7%62.2%70.7%
HV 60d65.7%61.9%68.3%61.9%67.1%
IV Rank16.5%10.3%35.9%10.3%25.1%
IV Percentile71.7%17.5%99.6%17.5%95.6%
Term Structure-5.8%-23.1%9.4%9.4%-23.1%
VWIV73.6%63.1%100.7%63.1%100.7%
Skew 25d1.8%-15.8%20.1%-13.8%-15.8%
Skew 10d54.5%-19.4%226.2%-17.6%58.5%
Call IV 25d74.8%53.4%104.9%71.1%104.9%
Put IV 25d76.6%57.3%93.6%57.3%89.1%
Bid-Ask Spread %54.7129.5072.1964.8642.33
Gamma HHI0.290.260.360.360.28
Net GEX41.5K25.0K52.5K39.3K42.8K
Net DEX-1.9M-3.3M-751.7K-2.1M-1.8M
Net VEX-12.7K-13.7K-11.2K-11.4K-12.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.122.170.940.34
Total Volume1,197.33052,743743800
Total OI15,435.113,02217,95413,02216,123

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$5.25$5.0056.2%18.5%62.2%10.3%63.1%-13.8%9.4%39.3K-2.1M-11.4K0.9464.86N/AN/A3823619,7253,297
2022-04-04$5.06$5.0059.8%19.1%60.7%11.8%67.3%2.2%-5.2%45.7K-1.7M-11.2K0.5268.60N/AN/A9354899,8363,391
2022-04-05$4.85$5.0066.3%19.8%61.6%14.5%69.4%-3.9%-4.7%42.5K-1.4M-11.5K2.1737.63N/AN/A5951,29210,3773,359
2022-04-06$4.79$5.0065.0%19.9%57.5%14.0%69.6%2.0%-7.0%25.5K-958.3K-11.7K0.7371.21N/AN/A52338210,5024,299
2022-04-07$4.81$5.0066.8%19.5%57.5%14.7%68.1%-1.4%-4.0%25.0K-937.6K-11.7K0.5362.78N/AN/A45423910,6864,456
2022-04-08$5.04$5.0067.5%20.6%60.0%15.0%69.7%-0.3%-5.6%27.3K-1.6M-12.6K0.1730.74N/AN/A1,28721410,8464,468
2022-04-11$4.56$5.00123.2%22.1%61.6%35.9%78.2%17.7%-9.5%26.0K-751.7K-11.6K0.1756.90N/AN/A2,34539811,5484,477
2022-04-12$4.63$4.0079.1%21.1%60.8%16.9%72.9%-7.2%-3.1%42.6K-930.6K-12.5K0.1262.30N/AN/A2,35127712,9634,648
2022-04-13$4.84$4.0067.0%19.2%62.6%11.7%66.3%8.4%-4.1%44.3K-1.8M-12.8K0.6671.51N/AN/A43128313,1374,659
2022-04-14$5.23$4.0069.6%20.0%65.0%12.8%68.3%14.9%-5.6%52.5K-3.3M-13.5K0.3245.58N/AN/A1,29341013,2934,661
2022-04-18$5.29$4.0074.9%21.5%64.9%15.1%73.5%11.1%-4.3%41.8K-3.1M-13.1K0.3853.23N/AN/A82731511,8493,040
2022-04-19$5.38$4.0071.3%20.4%64.7%13.5%64.9%20.1%3.9%51.9K-3.1M-13.7K0.3754.85N/AN/A70925911,8123,131
2022-04-20$5.33$4.0072.0%20.6%64.7%13.8%68.4%12.8%-4.9%51.7K-3.0M-13.7K0.5557.74N/AN/A49027111,8393,174
2022-04-21$5.10$4.0074.7%21.4%64.1%15.0%74.7%0.4%-5.8%48.8K-2.5M-13.5K0.8665.74N/AN/A55747811,9773,197
2022-04-22$5.10$5.0072.9%20.9%62.6%14.2%71.9%-6.7%-7.6%52.5K-2.5M-13.3K0.4953.90N/AN/A78138312,0603,346
2022-04-25$4.67$5.0082.0%23.5%68.0%18.1%78.1%-4.3%-10.1%40.2K-1.5M-12.2K0.9229.50N/AN/A61756511,8623,382
2022-04-26$4.81$5.0081.7%23.4%68.5%18.0%76.8%1.7%-0.6%41.3K-1.8M-13.2K1.0347.07N/AN/A34535512,0843,597
2022-04-27$4.99$5.0087.4%25.0%70.0%20.4%87.3%1.3%-13.9%43.7K-2.3M-13.7K0.3272.19N/AN/A2317412,0903,589
2022-04-28$4.90$5.0085.7%24.6%69.7%19.7%83.5%-3.5%-10.8%44.9K-2.0M-13.2K0.6145.60N/AN/A58935912,2633,659
2022-04-29$4.72$5.0098.0%28.1%70.7%25.1%100.7%-15.8%-23.1%42.8K-1.8M-12.9K0.3442.33N/AN/A59820212,4533,670