DSX Options History — October 2023

In October 2023, DSX traded between $3.25 and $3.50. ATM implied volatility averaged 36.0%, placing in the 4.7% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 13.9% (HV 20d: 22.1%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.77.

Notable Days

  • 2023-10-03: Highest Volume — 136 contracts
  • 2023-10-11: Largest IV drop — 46.7% change
  • 2023-10-10: Highest IV Rank — 11.3%
  • 2023-10-02: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.37$3.25$3.50$3.50$3.25
Max Pain$3.09$3.00$4.00$4.00$3.00
ATM IV36.0%29.3%60.9%42.6%37.0%
Expected Move9.4%7.9%12.2%12.2%10.6%
HV 20d22.1%19.2%24.1%19.2%20.8%
HV 60d25.8%20.6%27.4%26.0%20.6%
IV Rank4.7%2.9%11.3%6.5%5.0%
IV Percentile37.8%21.4%85.7%56.3%43.3%
Term Structure6.2%-19.7%55.3%-19.3%-2.0%
VWIV67.3%30.5%170.5%47.8%38.1%
Skew 25d-2.0%-87.0%10.7%10.5%-2.8%
Skew 10d-3.8%-105.5%10.3%7.6%-5.6%
Call IV 25d35.4%23.4%114.9%34.7%42.1%
Put IV 25d33.4%24.3%45.5%45.2%39.2%
Bid-Ask Spread %76.8631.29107.2431.2955.36
Gamma HHI0.610.510.700.640.53
Net GEX5.1K2.5K7.4K6.7K2.5K
Net DEX-83.6K-225.2K48.2K-96.8K33.5K
Net VEX-1.9K-2.2K-1.4K-2.1K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.008.330.008.33
Total Volume30.54501362328
Total OI4,415.5454,2184,5394,2184,380

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$3.50$4.0042.6%12.2%19.2%6.5%47.8%10.5%-19.3%6.7K-96.8K-2.1K0.0031.29N/AN/A2302,9431,275
2023-10-03$3.38$4.0040.5%11.6%22.2%5.9%47.8%3.8%-19.6%5.6K-43.7K-2.0K0.0049.79N/AN/A13602,9641,275
2023-10-04$3.33$3.0039.1%11.2%22.6%5.5%46.5%2.4%-19.7%5.7K-58.7K-2.0K0.0774.29N/AN/A8063,1101,275
2023-10-05$3.41$3.0041.1%7.9%24.1%6.1%0.0%9.8%6.4%6.2K-116.1K-2.0K0.00107.24N/AN/A1903,1831,281
2023-10-06$3.42$3.0041.8%9.0%23.5%6.2%0.0%5.3%-1.7%6.2K-121.3K-2.0K0.0096.03N/AN/A303,1641,281
2023-10-09$3.46$3.0051.0%8.8%23.0%8.7%0.0%9.3%6.9%6.0K-125.0K-1.8K0.0083.16N/AN/A1003,1671,281
2023-10-10$3.46$3.0060.9%8.9%22.6%11.3%0.0%9.4%4.0%7.4K-166.2K-2.1K1.8087.72N/AN/A25453,1771,281
2023-10-11$3.44$3.0032.5%9.3%22.5%3.8%126.6%7.5%9.8%6.3K-136.3K-2.0K0.1797.44N/AN/A613,1931,316
2023-10-12$3.42$3.0033.8%9.7%21.5%4.1%0.0%5.5%-3.0%6.2K-123.1K-2.0K0.0092.86N/AN/A603,1991,317
2023-10-13$3.40$3.0031.2%8.9%21.5%3.5%0.0%10.7%4.3%6.2K-114.6K-1.9K0.0099.81N/AN/A303,2051,317
2023-10-16$3.42$3.0031.6%9.1%19.8%3.6%0.0%9.0%5.8%5.5K-117.4K-1.9K5.0081.33N/AN/A5253,2021,317
2023-10-17$3.46$3.0030.0%8.6%19.8%3.1%170.5%3.0%-0.4%4.7K-129.5K-1.7K0.0069.45N/AN/A303,2001,339
2023-10-18$3.40$3.0029.3%8.4%20.8%2.9%0.0%-0.2%55.3%5.7K-225.2K-2.2K0.0070.29N/AN/A103,2011,331
2023-10-19$3.34$3.0032.9%9.4%21.6%3.9%0.0%3.4%10.2%4.5K-80.2K-1.8K0.0084.98N/AN/A1103,2011,331
2023-10-20$3.35$3.0033.0%9.5%20.6%3.9%0.0%3.0%43.0%5.0K-181.3K-2.0K0.0067.27N/AN/A003,2101,329
2023-10-23$3.27$3.0029.3%8.4%22.1%3.0%30.5%-11.4%10.5%3.0K19.1K-1.6K0.1582.62N/AN/A6192,9581,310
2023-10-24$3.34$3.0031.3%9.0%23.7%3.5%0.0%-87.0%13.0%4.7K-49.8K-1.8K0.0679.49N/AN/A3622,9771,315
2023-10-25$3.35$3.0031.5%9.0%23.2%3.5%0.0%-5.1%18.1%4.3K-41.1K-1.8K0.0087.60N/AN/A703,0041,313
2023-10-26$3.29$3.0030.4%8.7%23.9%3.2%35.4%-9.2%13.0%4.2K-15.7K-1.7K0.0473.14N/AN/A7333,0111,313
2023-10-27$3.29$3.0031.1%8.9%23.9%3.4%84.5%-9.5%3.1%3.7K2.9K-1.6K0.0064.31N/AN/A2103,0261,312
2023-10-30$3.25$3.0030.5%8.8%23.9%3.3%45.3%-11.5%-1.3%2.5K48.2K-1.4K0.6055.36N/AN/A1593,0461,312
2023-10-31$3.25$3.0037.0%10.6%20.8%5.0%38.1%-2.8%-2.0%2.5K33.5K-1.5K8.3355.36N/AN/A3253,0591,321