DSX Options History — January 2024

In January 2024, DSX traded between $2.96 and $3.19. ATM implied volatility averaged 30.2%, placing in the 3.2% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 2.3% (HV 20d: 27.9%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 1.99.

Notable Days

  • 2024-01-04: Highest Volume — 856 contracts
  • 2024-01-24: Largest IV spike — 37.2% change
  • 2024-01-05: Highest IV Rank — 5.1%
  • 2024-01-11: Largest Expected Move — 10.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.04$2.96$3.19$2.96$3.01
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV30.2%21.0%37.4%30.5%28.9%
Expected Move8.6%6.0%10.5%8.7%8.3%
HV 20d27.9%24.5%42.3%40.3%27.6%
HV 60d34.3%32.7%34.8%32.7%34.6%
IV Rank3.2%0.8%5.1%3.3%2.9%
IV Percentile29.7%1.6%52.8%29.4%25.4%
Term Structure6.4%-10.7%25.3%-2.3%1.4%
VWIV29.7%20.9%41.2%26.0%28.9%
Skew 25d68.1%-26.4%180.5%54.3%-26.4%
Skew 10d144.2%-32.3%327.8%84.7%-32.3%
Call IV 25d38.2%31.6%51.7%45.8%47.9%
Put IV 25d106.3%21.5%220.5%100.0%21.5%
Bid-Ask Spread %70.6043.69116.56116.5656.34
Gamma HHI0.830.760.910.880.79
Net GEX29.1K16.3K63.2K16.5K21.5K
Net DEX-425.9K-694.1K-161.8K-161.8K-313.6K
Net VEX-1.9K-2.3K-1.3K-1.3K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.990.0028.630.210.09
Total Volume218.0481085618472
Total OI5,549.1433,6506,2703,6505,777

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$2.96$3.0030.5%8.7%40.3%3.3%26.0%54.3%-2.3%16.5K-161.8K-1.3K0.21116.56N/AN/A152322,726924
2024-01-03$3.05$3.0031.0%8.9%42.3%3.4%33.7%36.6%1.0%16.3K-299.4K-1.4K0.0359.30N/AN/A765212,872966
2024-01-04$3.13$3.0033.4%9.3%33.3%4.0%32.6%17.3%7.5%21.2K-508.9K-1.6K0.0762.89N/AN/A798583,431979
2024-01-05$3.19$3.0037.4%9.8%27.2%5.1%33.7%47.9%-2.0%23.8K-694.1K-2.0K0.0064.77N/AN/A55914,1741,032
2024-01-08$3.09$3.0034.4%10.4%26.9%4.3%33.6%101.7%3.4%31.7K-611.7K-2.2K0.3892.50N/AN/A94364,9031,033
2024-01-09$3.06$3.0036.9%9.8%26.9%4.9%0.0%52.2%5.3%33.0K-576.2K-2.3K0.0082.45N/AN/A5304,9731,057
2024-01-10$3.04$3.0029.1%8.3%24.9%2.9%29.0%153.8%9.9%37.5K-508.0K-2.2K0.0086.01N/AN/A1905,0251,047
2024-01-11$3.00$3.0036.5%10.5%25.2%4.9%37.2%43.9%-2.7%33.0K-434.1K-2.2K0.0067.99N/AN/A0105,0281,047
2024-01-12$3.00$3.0033.9%9.7%25.1%4.2%33.9%161.3%8.8%34.1K-444.9K-2.2K3.5768.59N/AN/A7255,0281,057
2024-01-16$2.99$3.0025.1%7.2%24.5%1.9%21.3%173.8%15.3%43.1K-398.2K-1.9K0.0492.70N/AN/A21585,0351,082
2024-01-17$3.00$3.0025.9%7.4%24.5%2.1%20.9%72.1%25.3%48.9K-432.1K-2.0K0.0379.46N/AN/A18965,0951,088
2024-01-18$3.04$3.0030.9%8.9%24.5%3.4%36.5%78.1%4.3%39.9K-553.5K-2.0K4.0090.02N/AN/A4165,1831,087
2024-01-19$3.01$3.0030.1%8.6%24.7%3.2%30.1%180.5%10.9%63.2K-491.8K-1.9K28.6382.58N/AN/A246875,1841,079
2024-01-22$3.09$3.0022.7%6.5%26.0%1.2%22.6%3.1%11.9%21.4K-420.1K-1.9K0.0543.69N/AN/A8344,0241,188
2024-01-23$3.01$3.0021.0%6.0%27.9%0.8%21.7%-4.9%12.6%20.2K-272.9K-2.0K0.1350.09N/AN/A3854,0911,190
2024-01-24$3.02$3.0028.8%8.2%26.2%2.8%28.7%7.4%12.1%20.7K-284.5K-1.9K0.0359.06N/AN/A22774,1651,195
2024-01-25$3.01$3.0029.3%8.4%26.1%3.0%29.3%180.3%7.8%22.1K-318.9K-1.9K0.9656.31N/AN/A79764,3791,202
2024-01-26$3.08$3.0024.0%6.9%27.4%1.6%24.0%54.3%10.7%24.3K-505.1K-2.2K0.4244.59N/AN/A86364,4411,238
2024-01-29$3.04$3.0029.2%8.4%27.8%2.9%0.0%-22.8%4.5%21.0K-369.1K-2.0K0.5157.06N/AN/A35184,4711,269
2024-01-30$3.04$3.0035.7%10.2%27.3%4.6%41.2%65.4%-10.7%18.1K-344.1K-1.9K0.5569.58N/AN/A22124,4801,287
2024-01-31$3.01$3.0028.9%8.3%27.6%2.9%28.9%-26.4%1.4%21.5K-313.6K-1.9K0.0956.34N/AN/A6664,4901,287