DSX Options History — May 2022

In May 2022, DSX traded between $4.72 and $6.41. ATM implied volatility averaged 80.8%, placing in the 17.6% IV rank vs the trailing year. The 30-day expected move averaged 22.0%. IV traded above realized volatility by 4.8% (HV 20d: 75.9%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.20.

Notable Days

  • 2022-05-31: Highest Volume — 9,637 contracts
  • 2022-05-31: Largest IV spike — 44.5% change
  • 2022-05-09: Highest IV Rank — 26.7%
  • 2022-05-03: Largest Expected Move — 27.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.50$4.72$6.41$4.77$6.33
Max Pain$4.14$4.00$5.00$5.00$4.00
ATM IV80.8%46.0%101.8%95.9%66.5%
Expected Move22.0%13.2%27.8%27.5%19.1%
HV 20d75.9%70.6%81.7%70.6%75.4%
HV 60d70.3%66.6%73.0%66.6%69.5%
IV Rank17.6%2.6%26.7%24.1%11.4%
IV Percentile79.9%3.6%98.0%94.4%56.0%
Term Structure-4.4%-19.0%25.6%-16.7%2.1%
VWIV76.4%39.0%98.2%94.8%63.8%
Skew 25d7.9%-14.1%69.6%-11.5%3.8%
Skew 10d44.2%-17.8%153.4%50.3%-14.7%
Call IV 25d75.8%52.5%106.9%106.9%64.0%
Put IV 25d83.7%66.5%129.0%95.4%67.8%
Bid-Ask Spread %66.5543.9286.7748.0258.88
Gamma HHI0.340.270.540.280.50
Net GEX90.5K44.1K161.2K44.1K139.0K
Net DEX-4.6M-7.2M-1.8M-1.8M-6.7M
Net VEX-19.5K-24.4K-13.0K-13.0K-22.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.060.470.090.07
Total Volume2,477.9529459,6372,6679,637
Total OI22,589.47616,19126,50216,19124,402

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$4.77$5.0095.9%27.5%70.6%24.1%94.8%-11.5%-16.7%44.1K-1.8M-13.0K0.0948.02N/AN/A2,44322412,5193,672
2022-05-03$5.15$5.0096.8%27.8%75.1%24.5%91.7%10.1%-14.5%58.6K-2.9M-15.7K0.1543.92N/AN/A1,37421114,5983,695
2022-05-04$5.33$5.0089.4%25.6%74.2%21.3%89.2%1.7%-19.0%67.2K-3.4M-15.7K0.1553.57N/AN/A1,45621714,7453,705
2022-05-05$5.11$4.00100.4%20.2%75.8%26.1%74.1%-9.9%3.3%62.5K-2.9M-15.4K0.2876.34N/AN/A73720814,8753,708
2022-05-06$5.19$4.0096.0%21.4%75.9%24.2%64.1%-0.8%-7.2%64.5K-3.2M-15.8K0.1875.27N/AN/A1,23021915,2233,724
2022-05-09$4.72$4.00101.8%24.3%81.7%26.7%98.1%11.1%-6.2%53.8K-2.1M-14.6K0.0677.94N/AN/A3,69721015,7693,748
2022-05-10$4.96$4.0093.6%22.2%75.2%23.1%76.0%6.2%-1.3%75.1K-3.0M-17.9K0.1078.16N/AN/A2,10120118,9493,791
2022-05-11$5.14$4.0077.8%22.3%76.0%16.3%77.5%3.6%1.3%81.7K-3.6M-18.7K0.3777.14N/AN/A78729519,1313,799
2022-05-12$4.88$4.0087.3%25.0%77.1%20.4%98.2%-4.5%-7.7%71.6K-2.9M-18.3K0.2286.77N/AN/A84618419,5723,989
2022-05-13$5.17$4.0077.0%22.1%74.7%16.0%74.0%4.4%-1.7%87.5K-3.8M-18.8K0.2779.71N/AN/A90824419,6804,000
2022-05-16$5.37$4.0073.5%21.1%75.9%14.5%73.9%-2.1%0.4%92.0K-4.5M-19.1K0.3776.92N/AN/A1,06639219,8094,004
2022-05-17$5.56$4.0072.8%20.9%76.6%14.1%71.8%11.6%1.4%90.6K-5.1M-19.6K0.0981.16N/AN/A3,18528319,6384,071
2022-05-18$5.38$4.0078.4%22.5%77.5%16.6%80.9%-14.1%-10.3%97.8K-4.9M-21.2K0.4775.04N/AN/A67631621,8444,043
2022-05-19$5.68$4.0080.0%22.9%77.9%17.3%79.0%1.3%-7.7%86.2K-6.0M-22.2K0.1875.46N/AN/A1,63029722,0544,057
2022-05-20$5.63$4.0079.6%22.8%78.1%17.1%76.2%6.4%-5.7%93.2K-5.8M-22.4K0.2169.55N/AN/A1,50231322,4404,062
2022-05-23$6.07$4.0073.3%21.0%73.6%14.3%75.2%13.0%-7.8%109.4K-6.2M-24.2K0.2159.25N/AN/A2,21346220,4352,905
2022-05-24$6.36$4.0070.3%20.1%74.4%13.1%68.5%52.0%-4.8%121.1K-7.1M-23.3K0.1444.31N/AN/A3,36347820,7123,225
2022-05-25$6.05$4.0073.3%21.0%77.2%14.4%73.3%-2.3%-12.2%115.8K-5.9M-23.0K0.1351.87N/AN/A3,47546220,4373,372
2022-05-26$6.27$4.0066.3%19.0%77.0%11.4%64.9%69.6%-3.6%127.5K-7.0M-24.4K0.1753.00N/AN/A2,51544021,9593,515
2022-05-27$6.41$4.0046.0%13.2%74.7%2.6%39.0%16.0%25.6%161.2K-7.2M-23.0K0.3355.26N/AN/A1,15638420,8753,628
2022-05-31$6.33$4.0066.5%19.1%75.4%11.4%63.8%3.8%2.1%139.0K-6.7M-22.8K0.0758.88N/AN/A9,04459320,7313,671