DSX Options History — May 2023

In May 2023, DSX traded between $3.51 and $3.85. ATM implied volatility averaged 53.2%, placing in the 14.1% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 16.0% (HV 20d: 37.2%). Max pain ranged from $3.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.63.

Notable Days

  • 2023-05-23: Highest Volume — 450 contracts
  • 2023-05-24: Largest IV spike — 680.7% change
  • 2023-05-24: Highest IV Rank — 100.0%
  • 2023-05-24: Largest Expected Move — 114.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.70$3.51$3.85$3.85$3.69
Max Pain$3.77$3.00$5.00$4.00$3.00
ATM IV53.2%24.1%399.4%39.1%41.4%
Expected Move15.4%6.9%114.5%11.2%11.9%
HV 20d37.2%29.0%44.1%29.0%42.6%
HV 60d44.2%41.8%46.2%43.4%44.4%
IV Rank14.1%1.3%100.0%12.3%5.5%
IV Percentile22.3%0.4%100.0%14.7%24.6%
Term Structure-22.0%-373.9%17.1%5.2%-8.1%
VWIV41.4%23.0%62.8%38.2%30.9%
Skew 25d161.5%-27.0%333.7%30.6%74.1%
Skew 10d218.6%-25.2%413.1%44.2%154.1%
Call IV 25d54.0%24.9%104.2%42.6%89.9%
Put IV 25d215.5%26.3%373.4%73.3%164.0%
Bid-Ask Spread %82.0630.95170.3396.9430.95
Gamma HHI0.950.291.001.000.99
Net GEX5.5K17812.8K3.5K12.2K
Net DEX-35.6K-139.6K41.6K-30.9K-87.5K
Net VEX-238-1.2K-74-85-476
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.0010.0010.000.00
Total Volume126.7270450221
Total OI1,0032362,1922362,121

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$3.85$4.0039.1%11.2%29.0%12.3%38.2%30.6%5.2%3.5K-30.9K-8510.0096.94N/AN/A22022115
2023-05-02$3.73$4.0061.2%17.5%30.9%26.9%61.5%22.1%-23.7%2.0K-17.4K-740.59115.94N/AN/A442622228
2023-05-03$3.63$4.0043.5%12.5%32.1%15.2%48.1%28.4%-1.9%2.8K-16.8K-930.06101.17N/AN/A112726652
2023-05-04$3.51$4.0029.0%14.7%33.9%5.6%57.0%-27.0%-23.7%2.0K1.7K-740.0196.30N/AN/A152136559
2023-05-05$3.75$4.0033.4%7.9%41.8%8.5%23.0%185.8%15.0%6.4K-18.5K-1480.0682.80N/AN/A85553359
2023-05-08$3.71$4.0050.1%10.7%39.2%19.6%37.4%269.2%-0.7%5.1K-43.7K-1900.1179.20N/AN/A1191359164
2023-05-09$3.71$4.0031.7%10.9%38.5%7.4%0.0%73.7%-6.9%6.6K-19.3K-1620.0042.25N/AN/A16070367
2023-05-10$3.75$4.0042.0%12.1%38.4%14.3%42.5%236.6%-3.2%7.4K-54.8K-2180.3087.67N/AN/A10371867
2023-05-11$3.70$4.0043.7%12.5%38.0%15.4%44.5%126.2%-10.1%7.0K-27.0K-1800.0076.53N/AN/A7072870
2023-05-12$3.65$4.0047.9%13.7%37.8%18.2%47.8%-8.4%-17.9%6.0K-27.6K-1680.41104.92N/AN/A692872670
2023-05-15$3.67$4.0025.6%7.3%37.7%3.4%29.0%274.3%16.4%5.9K-1.2K-1320.5998.07N/AN/A221377798
2023-05-16$3.69$4.0026.7%7.6%37.4%4.1%31.4%205.1%17.1%6.4K-333-1610.0566.22N/AN/A1518798130
2023-05-17$3.71$4.0027.7%7.9%37.6%4.8%33.8%221.3%16.4%2.6K11.6K-1500.1636.58N/AN/A10116852125
2023-05-18$3.71$4.0024.5%7.0%36.5%2.6%0.0%220.6%0.0%2.9K11.5K-1480.0063.96N/AN/A2160952120
2023-05-19$3.73$4.0048.3%13.8%35.8%18.4%48.0%258.8%-10.3%3.4K-18.0K-1950.0165.46N/AN/A20521,015120
2023-05-22$3.67$3.0024.1%6.9%35.1%2.4%62.8%321.6%-3.8%2.8K-31.2K-1310.0571.55N/AN/A113682098
2023-05-23$3.76$3.0051.2%14.7%36.1%20.3%51.2%277.6%-32.3%6.3K-139.6K-3280.0274.83N/AN/A44010973104
2023-05-24$3.71$5.00399.4%114.5%35.6%100.0%0.0%266.6%-373.9%17841.6K-1.2K0.00170.33N/AN/A001,299893
2023-05-25$3.56$3.0028.6%8.2%38.1%2.1%25.9%333.7%-6.2%4.6K-82.6K-1990.2391.56N/AN/A227531,388115
2023-05-26$3.77$3.0026.8%7.7%44.1%1.7%31.6%160.2%-4.1%12.4K-122.3K-3600.1475.48N/AN/A76111,622176
2023-05-30$3.79$3.0025.6%7.3%43.1%1.3%30.9%1.4%-5.6%12.8K-110.8K-3460.3676.67N/AN/A2931051,660186
2023-05-31$3.69$3.0041.4%11.9%42.6%5.5%0.0%74.1%-8.1%12.2K-87.5K-4760.0030.95N/AN/A101,840281