DSX Options History — July 2023

In July 2023, DSX traded between $3.63 and $3.92. ATM implied volatility averaged 36.7%, placing in the 4.7% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 7.6% (HV 20d: 29.1%). Max pain ranged from $4.00 to $4.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.61.

Notable Days

  • 2023-07-24: Highest Volume — 1,203 contracts
  • 2023-07-25: Largest IV spike — 75.3% change
  • 2023-07-14: Highest IV Rank — 7.4%
  • 2023-07-14: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.76$3.63$3.92$3.71$3.92
Max Pain$4.00$4.00$4.00$4.00$4.00
ATM IV36.7%24.7%47.0%28.0%43.3%
Expected Move11.3%7.1%13.5%8.0%12.4%
HV 20d29.1%21.9%44.6%42.8%25.6%
HV 60d38.9%37.8%39.5%39.5%37.8%
IV Rank4.7%1.5%7.4%2.4%6.4%
IV Percentile27.7%4.0%50.0%8.3%43.7%
Term Structure1.7%-8.2%21.9%18.9%-2.3%
VWIV46.7%35.4%78.5%60.1%43.4%
Skew 25d76.1%-14.7%283.7%16.2%6.1%
Skew 10d105.7%-9.4%371.8%12.9%8.4%
Call IV 25d40.0%22.9%46.7%26.0%43.6%
Put IV 25d116.1%32.0%320.4%42.1%49.8%
Bid-Ask Spread %68.0819.4599.1162.3719.45
Gamma HHI0.750.370.900.750.90
Net GEX11.3K2.4K19.0K11.7K19.0K
Net DEX-67.2K-301.5K109.7K-68.2K-301.5K
Net VEX-1.4K-1.9K-1.1K-1.2K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.007.400.040.77
Total Volume177.391,2032992
Total OI3,071.952,4203,8702,4203,870

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$3.71$4.0028.0%8.0%42.8%2.4%0.0%16.2%18.9%11.7K-68.2K-1.2K0.0462.37N/AN/A2811,860560
2023-07-05$3.70$4.0024.7%7.1%41.7%1.5%60.1%11.5%21.9%10.7K-51.4K-1.1K0.7162.69N/AN/A21151,876560
2023-07-06$3.63$4.0026.7%13.1%42.0%2.1%45.7%-14.7%-0.6%8.6K-40.7K-1.1K0.0073.82N/AN/A901,883575
2023-07-07$3.79$4.0025.2%12.2%44.6%1.7%42.9%-7.2%-2.3%15.6K-93.6K-1.2K0.0068.19N/AN/A5101,884575
2023-07-10$3.79$4.0028.4%10.2%44.2%2.5%39.9%265.4%4.7%15.9K-100.9K-1.2K0.0086.74N/AN/A3101,924575
2023-07-11$3.75$4.0027.9%10.1%32.2%2.4%35.4%283.7%15.3%13.1K-69.8K-1.1K0.3089.28N/AN/A3091,952575
2023-07-12$3.80$4.0041.6%11.9%26.3%6.0%40.9%-0.9%1.1%16.4K-97.2K-1.2K0.0278.63N/AN/A8721,985584
2023-07-13$3.81$4.0042.1%12.1%26.0%6.1%42.2%1.1%-0.1%18.1K-120.6K-1.3K0.0076.71N/AN/A5502,074586
2023-07-14$3.77$4.0047.0%13.5%23.7%7.4%47.0%-5.0%-8.2%15.6K-114.3K-1.2K7.4024.44N/AN/A584292,093586
2023-07-17$3.70$4.0045.0%12.9%23.8%6.9%46.6%-8.1%-2.2%8.6K20.7K-1.3K0.1171.94N/AN/A103112,148989
2023-07-18$3.71$4.0044.6%12.8%23.5%6.8%45.4%-5.7%-0.7%6.6K22.0K-1.3K0.5777.81N/AN/A1482,188998
2023-07-19$3.74$4.0034.8%10.0%21.9%4.2%61.6%-6.2%3.2%2.4K41.6K-1.2K1.1576.99N/AN/A2602982,1861,006
2023-07-20$3.71$4.0041.7%12.0%22.0%6.0%42.5%-4.7%2.8%2.5K43.3K-1.5K0.0271.85N/AN/A18042,3941,275
2023-07-21$3.67$4.0039.3%11.3%22.2%5.4%42.8%-9.0%-7.8%3.9K56.1K-1.4K0.9678.96N/AN/A27262,4691,277
2023-07-24$3.67$4.0025.3%7.2%22.1%1.7%78.5%264.4%-2.4%4.5K109.7K-1.1K0.0199.11N/AN/A1,187161,7851,109
2023-07-25$3.73$4.0044.3%12.7%22.9%6.7%44.4%-2.5%-4.0%11.6K-92.4K-1.7K0.0257.93N/AN/A28452,4891,124
2023-07-26$3.83$4.0038.0%10.9%24.8%5.0%38.2%248.9%2.5%16.1K-174.6K-1.8K0.0043.54N/AN/A3202,6731,129
2023-07-27$3.80$4.0043.3%12.4%24.0%6.4%0.0%255.3%-0.8%15.0K-158.7K-1.8K0.1069.21N/AN/A6162,7011,129
2023-07-28$3.91$4.0043.4%12.4%25.8%6.4%43.4%232.9%-5.5%9.7K-152.3K-1.5K0.0272.00N/AN/A10422,6581,135
2023-07-31$3.92$4.0043.3%12.4%25.6%6.4%43.4%6.1%-2.3%19.0K-301.5K-1.9K0.7719.45N/AN/A52402,7331,137