DSX Options History — November 2023

In November 2023, DSX traded between $3.02 and $3.46. ATM implied volatility averaged 36.6%, placing in the 4.9% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 8.0% (HV 20d: 28.7%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.16.

Notable Days

  • 2023-11-17: Highest Volume — 216 contracts
  • 2023-11-09: Largest IV spike — 48.2% change
  • 2023-11-14: Highest IV Rank — 7.2%
  • 2023-11-14: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.28$3.02$3.46$3.21$3.42
Max Pain$3.81$3.00$4.00$3.00$3.00
ATM IV36.6%28.7%45.5%34.6%32.9%
Expected Move10.4%8.2%13.0%9.9%9.4%
HV 20d28.7%19.5%36.3%20.6%34.4%
HV 60d23.8%20.1%26.5%20.7%26.5%
IV Rank4.9%2.8%7.2%4.3%3.9%
IV Percentile45.7%19.8%76.2%38.1%36.1%
Term Structure-7.3%-35.2%10.1%-4.2%6.8%
VWIV38.6%22.9%59.3%36.4%28.6%
Skew 25d30.1%-8.6%270.1%-4.4%19.9%
Skew 10d52.3%-12.9%371.9%-9.6%6.9%
Call IV 25d40.5%30.6%94.9%43.5%36.2%
Put IV 25d70.6%26.8%365.0%39.1%56.2%
Bid-Ask Spread %57.3620.61100.9561.6692.70
Gamma HHI0.570.490.770.490.77
Net GEX2.7K-1.8K6.5K-4436.5K
Net DEX-12.0K-198.4K128.4K59.9K-196.3K
Net VEX-1.2K-1.5K-583-1.2K-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.0019.000.310.00
Total Volume62.61912164642
Total OI4,426.4763,9494,6784,3924,030

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$3.21$3.0034.6%9.9%20.6%4.3%36.4%-4.4%-4.2%-44359.9K-1.2K0.3161.66N/AN/A35113,0601,332
2023-11-02$3.26$4.0038.9%10.7%19.5%5.5%0.0%8.4%-2.1%1.9K10.8K-1.4K0.0024.75N/AN/A3103,0901,338
2023-11-03$3.29$4.0044.5%11.0%19.8%7.0%43.8%15.7%-6.3%1.8K7.4K-1.4K0.0026.90N/AN/A013,0911,338
2023-11-06$3.23$4.0040.6%10.6%19.9%5.9%32.1%15.5%-5.9%1.0K34.8K-1.3K0.0424.26N/AN/A5223,0911,338
2023-11-07$3.20$4.0037.4%12.2%20.0%5.1%0.0%16.4%-15.1%2.3K25.2K-1.4K0.5330.63N/AN/A19103,1411,339
2023-11-08$3.08$4.0028.7%8.2%23.4%2.8%22.9%20.2%-0.3%265101.9K-1.2K19.0049.50N/AN/A1193,1461,338
2023-11-09$3.08$4.0042.5%12.2%23.5%6.4%42.9%38.5%0.0%2.6K73.2K-1.4K0.1329.19N/AN/A105143,1451,357
2023-11-10$3.08$4.0043.6%12.5%23.6%6.7%43.4%38.7%-18.0%1.5K98.3K-1.2K0.5225.08N/AN/A25133,2501,362
2023-11-13$3.02$4.0036.4%10.5%23.8%4.8%38.5%48.3%2.3%2.0K128.4K-1.2K0.4142.26N/AN/A51213,2401,369
2023-11-14$3.09$4.0045.5%13.0%25.2%7.2%44.4%151.0%-12.5%2.0K82.9K-1.3K0.3180.79N/AN/A1343,2391,377
2023-11-15$3.29$4.0036.3%10.4%34.5%4.8%37.5%0.8%-6.8%-1.8K1.5K-5830.3074.69N/AN/A93283,2181,379
2023-11-16$3.38$4.0029.8%8.5%35.4%3.1%39.7%-8.6%-17.2%4.2K-73.1K-1.2K0.4570.13N/AN/A94423,2231,388
2023-11-17$3.46$4.0039.7%11.4%36.3%5.7%55.9%-5.8%-35.2%3.9K-95.1K-8900.0033.95N/AN/A21603,2671,411
2023-11-20$3.46$4.0042.0%12.1%35.0%6.3%59.3%-7.4%-27.4%4.9K-52.0K-1.2K0.0620.61N/AN/A5433,0901,345
2023-11-21$3.46$4.0033.4%9.6%34.4%4.0%0.0%-4.3%-9.3%4.9K-66.9K-1.3K0.0079.57N/AN/A1403,1291,345
2023-11-22$3.44$4.0029.3%8.4%34.5%3.0%33.6%270.1%6.3%3.9K-44.0K-9860.1385.50N/AN/A157213,1421,345
2023-11-24$3.40$4.0029.5%8.5%34.1%3.0%28.3%2.2%-5.5%4.0K-4.4K-1.2K0.5581.53N/AN/A20113,0201,355
2023-11-27$3.34$4.0030.6%8.8%34.8%3.3%30.9%0.8%10.1%3.7K1.7K-1.3K0.1172.61N/AN/A913,0211,365
2023-11-28$3.34$3.0037.4%10.7%34.4%5.1%0.0%13.2%-7.8%3.5K-148.3K-1.4K0.3397.30N/AN/A313,019930
2023-11-29$3.38$3.0035.8%10.3%34.6%4.7%0.0%3.6%-4.9%3.8K-198.4K-1.5K0.00100.95N/AN/A7903,022931
2023-11-30$3.42$3.0032.9%9.4%34.4%3.9%28.6%19.9%6.8%6.5K-196.3K-1.3K0.0092.70N/AN/A4203,099931