DSX Options History — December 2022

In December 2022, DSX traded between $3.37 and $4.04. ATM implied volatility averaged 55.3%, placing in the 9.1% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded below realized volatility by 7.5% (HV 20d: 62.7%). Max pain ranged from $3.00 to $6.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.67.

Notable Days

  • 2022-12-22: Highest Volume — 461 contracts
  • 2022-12-13: Largest IV spike — 149.3% change
  • 2022-12-13: Highest IV Rank — 58.0%
  • 2022-12-07: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.69$3.37$4.04$3.51$3.88
Max Pain$3.90$3.00$6.00$4.00$4.00
ATM IV55.3%35.3%171.7%36.3%43.2%
Expected Move13.1%9.2%16.1%10.4%12.4%
HV 20d62.7%49.1%69.2%66.5%49.1%
HV 60d55.6%51.9%57.7%57.7%51.9%
IV Rank9.1%0.6%58.0%1.0%4.0%
IV Percentile25.8%0.4%99.6%0.4%5.6%
Term Structure3.1%-19.7%25.7%21.6%4.7%
VWIV53.3%38.5%152.1%38.5%152.1%
Skew 25d-4.6%-20.1%11.3%11.3%-0.5%
Skew 10d-3.0%-43.3%19.3%19.3%-1.1%
Call IV 25d46.9%38.5%55.8%39.4%43.7%
Put IV 25d42.3%33.0%55.6%50.8%43.2%
Bid-Ask Spread %81.7161.26100.6586.1291.92
Gamma HHI0.430.380.530.390.53
Net GEX4.9K1.9K12.2K1.9K12.2K
Net DEX-122.8K-280.5K-32.5K-59.6K-280.5K
Net VEX-1.9K-2.8K-1.3K-1.3K-2.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.003.441.450.45
Total Volume187.5711646118116
Total OI2,934.191,9144,5341,9144,534

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$3.51$4.0036.3%10.4%66.5%1.0%38.5%11.3%21.6%1.9K-59.6K-1.3K1.4586.12N/AN/A741071,267647
2022-12-02$3.58$6.0041.6%11.9%66.9%3.3%40.1%-1.9%10.7%2.1K-65.7K-1.4K1.0486.70N/AN/A28291,317733
2022-12-05$3.52$3.0035.3%14.5%66.9%0.6%51.9%-16.6%2.1%1.9K-45.1K-1.4K0.0379.84N/AN/A303101,345760
2022-12-06$3.46$3.0069.0%9.2%65.9%14.8%54.7%-20.1%25.7%2.0K-55.3K-1.5K0.3388.49N/AN/A176581,524766
2022-12-07$3.37$3.0064.8%16.1%62.9%13.1%49.8%1.6%7.4%2.7K-32.5K-1.5K1.2187.18N/AN/A29351,697806
2022-12-08$3.48$3.0066.9%13.1%65.0%13.9%53.8%-13.2%7.3%3.0K-74.4K-1.6K0.8962.23N/AN/A44391,712794
2022-12-09$3.54$4.0055.4%12.8%65.4%9.1%66.6%-15.8%3.4%3.3K-78.2K-1.6K0.6988.39N/AN/A1391,737833
2022-12-12$3.60$4.0068.8%14.7%65.1%14.8%51.9%-11.7%3.9%3.9K-93.1K-1.7K0.1671.08N/AN/A5891,744840
2022-12-13$3.62$4.00171.7%13.4%64.8%58.0%47.0%-15.1%9.0%4.3K-114.7K-1.7K0.0087.56N/AN/A29701,799846
2022-12-14$3.63$4.0049.2%14.1%64.7%6.5%49.3%-7.5%1.7%3.6K-106.8K-1.6K0.3188.12N/AN/A74231,738848
2022-12-15$3.76$4.0046.9%13.4%66.3%5.5%46.9%0.0%0.8%4.4K-148.7K-1.7K3.44100.65N/AN/A612101,791871
2022-12-16$3.80$4.0049.2%14.1%64.7%6.5%49.0%-7.4%-19.7%4.7K-100.3K-1.9K0.0383.89N/AN/A19951,8121,081
2022-12-19$3.65$4.0040.6%11.6%57.3%2.9%44.9%-11.7%-13.4%4.2K-68.9K-1.9K0.4777.27N/AN/A88411,8621,042
2022-12-20$3.76$4.0050.5%14.5%58.8%7.0%50.8%-6.7%-0.8%4.3K-94.3K-1.9K0.2470.47N/AN/A63151,9151,083
2022-12-21$4.04$4.0048.9%14.0%65.1%6.4%48.9%9.4%1.4%6.0K-220.1K-2.0K0.2161.26N/AN/A324681,9491,098
2022-12-22$3.83$4.0042.6%12.2%67.4%3.7%42.8%-1.0%6.5%7.4K-141.5K-2.3K0.8282.62N/AN/A2532082,2141,135
2022-12-23$3.98$4.0042.5%12.2%69.2%3.7%42.5%4.5%-14.6%8.5K-239.9K-2.4K0.8386.45N/AN/A92762,3371,342
2022-12-27$3.84$4.0050.0%14.3%66.6%6.8%50.0%5.5%-2.5%7.0K-183.3K-2.3K0.3272.12N/AN/A158502,4371,332
2022-12-28$3.79$4.0043.7%12.5%49.3%4.2%43.7%0.3%6.3%8.2K-165.0K-2.4K1.0979.69N/AN/A69752,5841,376
2022-12-29$3.88$4.0044.0%12.6%49.8%4.3%44.5%-0.9%3.6%8.3K-210.1K-2.3K0.0283.77N/AN/A443102,6211,449
2022-12-30$3.88$4.0043.2%12.4%49.1%4.0%152.1%-0.5%4.7%12.2K-280.5K-2.8K0.4591.92N/AN/A1153,0751,459