DSX Options History — April 2023

In April 2023, DSX traded between $3.81 and $4.16. ATM implied volatility averaged 38.4%, placing in the 11.4% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 1.3% (HV 20d: 37.1%). Max pain ranged from $4.00 to $4.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.70.

Notable Days

2023-04-17: Highest Volume — 845 contracts
2023-04-10: Largest IV spike — 162.1% change
2023-04-10: Highest IV Rank — 22.0%
2023-04-18: Largest Expected Move — 14.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.01	$3.81	$4.16	$3.87	$3.96
Max Pain	$4.00	$4.00	$4.00	$4.00	$4.00
ATM IV	38.4%	20.5%	53.7%	43.7%	38.9%
Expected Move	11.3%	8.8%	14.1%	12.5%	11.2%
HV 20d	37.1%	25.0%	57.0%	57.0%	27.4%
HV 60d	45.9%	43.3%	50.9%	50.9%	43.3%
IV Rank	11.4%	0.0%	22.0%	12.9%	12.2%
IV Percentile	14.0%	0.0%	43.7%	19.0%	14.3%
Term Structure	6.2%	-4.7%	22.7%	7.1%	-0.7%
VWIV	43.1%	35.7%	81.0%	43.9%	39.0%
Skew 25d	73.1%	2.8%	213.1%	2.8%	17.1%
Skew 10d	122.6%	3.4%	324.9%	3.4%	28.5%
Call IV 25d	35.6%	31.2%	45.2%	45.2%	39.3%
Put IV 25d	108.7%	39.7%	252.3%	48.0%	56.4%
Bid-Ask Spread %	84.90	22.54	113.23	44.40	102.77
Gamma HHI	0.56	0.32	1.00	0.48	1.00
Net GEX	10.2K	514	21.5K	6.1K	3.4K
Net DEX	-161.1K	-880.5K	523.2K	471.8K	-41.1K
Net VEX	-3.3K	-5.4K	-21	-2.2K	-91
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.70	0.00	6.00	0.02	0.17
Total Volume	168.526	0	845	97	7
Total OI	7,300.842	52	10,082	8,822	231

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2023-04-03	$3.87	$4.00	43.7%	12.5%	57.0%	12.9%	43.9%	2.8%	7.1%	6.1K	471.8K	-2.2K	0.02	44.40	N/A	N/A	95	2	5,654	3,168
2023-04-04	$3.88	$4.00	30.9%	8.8%	56.4%	4.2%	0.0%	24.8%	22.7%	10.3K	-40.8K	-4.8K	0.73	65.61	N/A	N/A	51	37	5,672	3,170
2023-04-05	$3.88	$4.00	38.5%	11.0%	56.3%	9.4%	38.8%	131.4%	3.9%	10.4K	-25.6K	-4.7K	0.40	22.54	N/A	N/A	30	12	5,688	3,207
2023-04-06	$3.81	$4.00	20.5%	11.2%	55.7%	0.0%	81.0%	2.8%	2.5%	6.6K	523.2K	-2.2K	0.17	80.45	N/A	N/A	47	8	5,715	3,217
2023-04-10	$3.96	$4.00	53.7%	11.6%	40.6%	22.0%	40.6%	194.9%	5.6%	11.3K	-117.7K	-4.7K	0.10	73.30	N/A	N/A	112	11	5,734	3,220
2023-04-11	$4.03	$4.00	30.9%	13.9%	40.9%	6.9%	48.9%	185.2%	-1.9%	17.6K	-213.0K	-4.7K	0.25	88.88	N/A	N/A	76	19	5,755	3,225
2023-04-12	$4.08	$4.00	41.1%	11.8%	41.0%	13.7%	41.2%	21.7%	5.6%	10.2K	-767.1K	-2.5K	1.33	84.73	N/A	N/A	46	61	5,787	3,227
2023-04-13	$4.13	$4.00	42.5%	12.2%	36.4%	14.5%	42.5%	39.8%	1.8%	18.5K	-372.0K	-4.8K	0.04	93.41	N/A	N/A	371	13	5,806	3,270
2023-04-14	$4.16	$4.00	40.6%	11.6%	36.4%	13.3%	40.3%	126.3%	6.5%	18.3K	-445.0K	-5.1K	0.00	101.02	N/A	N/A	37	0	5,860	3,267
2023-04-17	$4.08	$4.00	37.5%	10.8%	34.2%	11.3%	37.9%	38.1%	0.3%	21.5K	-322.4K	-4.7K	0.92	97.70	N/A	N/A	440	405	5,887	3,267
2023-04-18	$4.13	$4.00	49.2%	14.1%	34.1%	19.0%	49.3%	16.6%	-4.7%	10.7K	-880.5K	-2.5K	0.03	73.72	N/A	N/A	120	3	5,924	3,641
2023-04-19	$4.12	$4.00	42.2%	12.1%	25.0%	14.4%	0.0%	81.7%	2.0%	16.2K	-288.9K	-4.7K	0.99	89.48	N/A	N/A	209	206	5,943	3,642
2023-04-20	$4.00	$4.00	35.9%	10.3%	26.3%	10.2%	35.9%	46.3%	6.8%	14.3K	-112.6K	-5.0K	1.03	93.85	N/A	N/A	271	278	5,949	3,841
2023-04-21	$4.07	$4.00	32.0%	9.2%	26.9%	7.6%	0.0%	91.2%	4.9%	6.6K	-137.4K	-4.8K	0.00	100.08	N/A	N/A	0	0	5,968	4,114
2023-04-24	$4.14	$4.00	36.4%	10.4%	26.8%	10.6%	35.7%	13.1%	22.3%	9.4K	-272.5K	-5.4K	0.24	113.23	N/A	N/A	42	10	5,546	3,943
2023-04-25	$4.05	$4.00	38.6%	11.1%	27.7%	12.0%	38.7%	15.5%	7.4%	514	-8.2K	-21	0.29	87.99	N/A	N/A	7	2	42	10
2023-04-26	$3.96	$4.00	37.2%	10.7%	27.9%	11.1%	37.2%	126.2%	12.1%	622	-6.0K	-25	6.00	105.24	N/A	N/A	1	6	49	13
2023-04-27	$3.95	$4.00	38.2%	10.9%	27.9%	11.7%	38.2%	213.1%	13.5%	624	-5.9K	-26	0.00	94.62	N/A	N/A	167	0	50	14
2023-04-28	$3.96	$4.00	38.9%	11.2%	27.4%	12.2%	39.0%	17.1%	-0.7%	3.4K	-41.1K	-91	0.17	102.77	N/A	N/A	6	1	217	14