DSX Options History — June 2023

In June 2023, DSX traded between $3.60 and $4.13. ATM implied volatility averaged 33.0%, placing in the 3.7% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded below realized volatility by 13.5% (HV 20d: 46.5%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.35.

Notable Days

  • 2023-06-16: Highest Volume — 523 contracts
  • 2023-06-14: Largest IV drop — 67.6% change
  • 2023-06-13: Highest IV Rank — 19.7%
  • 2023-06-01: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.82$3.60$4.13$3.77$3.71
Max Pain$3.90$3.00$4.00$3.00$4.00
ATM IV33.0%18.9%93.8%40.8%22.0%
Expected Move8.1%6.3%11.7%11.7%6.3%
HV 20d46.5%35.0%53.7%42.1%44.7%
HV 60d40.5%38.0%45.2%44.5%39.5%
IV Rank3.7%0.0%19.7%5.4%0.8%
IV Percentile14.5%0.0%99.2%23.4%0.8%
Term Structure15.7%-12.9%73.1%-12.9%19.1%
VWIV36.5%21.8%79.6%79.4%29.4%
Skew 25d55.2%-13.4%276.2%-13.4%11.9%
Skew 10d79.6%-90.8%370.0%14.8%18.8%
Call IV 25d30.1%17.2%67.4%67.4%25.3%
Put IV 25d85.3%29.3%311.2%54.0%37.1%
Bid-Ask Spread %68.7818.4699.8884.9963.19
Gamma HHI0.870.701.000.990.70
Net GEX23.4K4.4K98.9K16.3K10.5K
Net DEX-136.3K-598.9K7.1K-109.1K-37.5K
Net VEX-860-1.2K-482-522-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.003.820.060.01
Total Volume173.1438523120152
Total OI2,091.7141,6392,3132,1222,312

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$3.77$3.0040.8%11.7%42.1%5.4%79.4%-13.4%-12.9%16.3K-109.1K-5220.0684.99N/AN/A11371,841281
2023-06-02$3.90$3.0027.8%8.0%41.4%1.9%79.6%13.0%8.8%31.6K-180.6K-6030.0180.60N/AN/A12611,924288
2023-06-05$3.99$4.0018.9%6.5%35.3%0.0%22.6%228.8%7.4%98.9K-263.7K-6180.1099.88N/AN/A107111,908298
2023-06-06$4.00$4.0030.3%7.4%35.0%3.0%26.0%221.6%11.0%66.3K-290.6K-6710.1687.26N/AN/A170281,886303
2023-06-07$4.08$4.0028.0%8.4%35.4%2.4%29.0%182.9%4.7%79.4K-448.1K-6280.4785.28N/AN/A191891,820299
2023-06-08$4.13$4.0032.7%6.6%35.4%3.6%21.8%92.2%16.6%37.0K-598.9K-4820.2554.94N/AN/A382971,798361
2023-06-09$3.79$4.0035.5%8.1%47.6%4.4%32.3%-3.0%23.7%12.1K-64.8K-7480.1385.41N/AN/A181241,372440
2023-06-12$3.60$4.0058.6%9.0%50.9%10.4%29.6%-4.7%1.8%4.4K7.1K-5830.7582.99N/AN/A1841381,415463
2023-06-13$3.65$4.0093.8%10.8%51.2%19.7%39.2%-7.1%3.0%4.9K-21.1K-6580.2618.46N/AN/A3591,560426
2023-06-14$3.77$4.0030.4%8.7%52.4%3.0%34.8%276.2%8.0%13.2K-73.7K-7590.5492.14N/AN/A78421,593434
2023-06-15$3.83$4.0033.0%9.5%52.7%3.7%33.1%1.2%73.1%17.4K-122.3K-7870.0361.00N/AN/A17751,611407
2023-06-16$3.87$4.0031.7%9.1%52.8%3.4%31.6%22.2%24.2%9.8K-112.5K-8290.0386.02N/AN/A506171,774407
2023-06-20$3.77$4.0035.7%10.2%53.7%4.4%35.9%6.1%6.1%10.2K-134.8K-8853.8221.70N/AN/A843211,401238
2023-06-21$3.79$4.0030.6%8.8%53.3%3.1%0.0%4.9%7.5%10.0K-86.8K-1.2K0.0279.92N/AN/A4411,487549
2023-06-22$3.77$4.0023.7%6.8%52.7%1.3%0.0%18.9%32.6%11.8K-56.3K-1.2K0.0086.92N/AN/A4501,520546
2023-06-23$3.75$4.0024.1%6.9%52.5%1.4%0.0%25.9%35.5%10.5K-66.2K-1.2K0.0259.25N/AN/A4311,563546
2023-06-26$3.77$4.0025.5%7.3%50.1%1.7%23.3%20.1%12.5%12.4K-64.4K-1.2K0.0372.36N/AN/A7721,602547
2023-06-27$3.77$4.0022.4%6.4%45.8%0.9%0.0%26.4%18.5%12.9K-56.3K-1.2K0.7120.54N/AN/A14101,638549
2023-06-28$3.70$4.0024.6%7.1%46.3%1.5%29.4%21.5%15.2%10.0K-21.4K-1.1K0.0242.18N/AN/A11421,648558
2023-06-29$3.73$4.0022.2%6.4%45.3%0.9%0.0%13.0%13.4%11.5K-60.9K-1.2K0.0079.31N/AN/A801,754559
2023-06-30$3.71$4.0022.0%6.3%44.7%0.8%0.0%11.9%19.1%10.5K-37.5K-1.0K0.0163.19N/AN/A15111,753559