DSX Options History — March 2024

In March 2024, DSX traded between $2.88 and $3.12. ATM implied volatility averaged 28.4%, placing in the 2.9% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded below realized volatility by 2.3% (HV 20d: 30.7%). Max pain ranged from $2.00 to $3.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.57.

Notable Days

  • 2024-03-01: Highest Volume — 694 contracts
  • 2024-03-12: Largest IV spike — 86.8% change
  • 2024-03-12: Highest IV Rank — 9.9%
  • 2024-03-15: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.97$2.88$3.12$3.12$2.90
Max Pain$2.95$2.00$3.00$2.00$3.00
ATM IV28.4%14.4%55.8%32.3%20.6%
Expected Move7.4%4.1%9.6%9.3%5.9%
HV 20d30.7%25.6%32.9%25.6%29.7%
HV 60d27.6%26.6%32.2%32.2%27.1%
IV Rank2.9%0.0%9.9%3.7%1.6%
IV Percentile26.7%0.0%94.8%41.7%2.8%
Term Structure7.9%-5.7%20.9%-5.1%9.3%
VWIV27.1%13.5%35.4%22.9%13.5%
Skew 25d80.1%-28.7%256.8%-4.6%-14.0%
Skew 10d105.7%-135.4%343.8%-12.6%-135.4%
Call IV 25d34.8%20.4%54.5%46.4%39.9%
Put IV 25d114.9%25.9%277.2%41.8%25.9%
Bid-Ask Spread %82.7242.89107.44100.1574.66
Gamma HHI0.840.790.890.810.89
Net GEX27.5K19.6K45.7K32.7K21.5K
Net DEX-394.8K-790.3K-213.2K-790.3K-249.9K
Net VEX-2.3K-2.7K-1.9K-2.7K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.003.180.020.00
Total Volume107.546946944
Total OI5,757.054,9226,6906,6905,139

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$3.12$2.0032.3%9.3%25.6%3.7%22.9%-4.6%-5.1%32.7K-790.3K-2.7K0.02100.15N/AN/A683115,870820
2024-03-04$2.94$3.0029.8%7.4%32.9%3.1%25.6%198.3%20.9%26.8K-389.0K-2.6K1.0798.77N/AN/A1081165,249831
2024-03-05$2.92$3.0031.0%8.4%32.9%3.4%29.4%34.8%-5.7%25.5K-358.4K-2.5K0.0099.83N/AN/A7105,317898
2024-03-06$2.91$3.0031.2%8.3%31.4%3.5%29.0%207.6%5.3%25.3K-307.4K-2.2K3.1885.44N/AN/A11355,364893
2024-03-07$2.99$3.0042.0%8.6%32.3%6.3%29.9%137.5%7.1%23.9K-428.1K-2.4K0.00107.44N/AN/A6705,368925
2024-03-08$3.00$3.0022.7%6.9%32.3%1.2%28.5%64.4%17.4%36.7K-525.2K-2.7K0.0099.67N/AN/A5805,409925
2024-03-11$3.00$3.0029.9%7.3%32.3%3.1%24.5%8.0%15.4%38.5K-469.6K-2.4K1.1578.82N/AN/A13155,422925
2024-03-12$3.06$3.0055.8%7.4%32.7%9.9%34.1%47.9%3.6%29.6K-588.7K-2.5K0.0194.98N/AN/A31625,421910
2024-03-13$3.01$3.0027.6%7.9%31.1%2.5%27.6%88.9%10.4%45.7K-529.3K-2.4K0.6394.21N/AN/A52335,506912
2024-03-14$2.98$3.0033.2%9.5%31.3%4.0%33.2%54.5%10.0%35.8K-465.6K-2.4K0.22101.58N/AN/A925,521923
2024-03-15$2.99$3.0033.5%9.6%30.7%4.1%35.4%223.2%6.1%45.7K-460.3K-2.3K0.61100.46N/AN/A38235,523925
2024-03-18$2.98$3.0024.6%7.1%30.5%1.7%24.7%49.7%3.9%20.8K-321.0K-2.1K0.0966.42N/AN/A8584,309613
2024-03-19$2.96$3.0024.8%7.1%30.5%1.8%24.9%50.1%5.0%19.9K-341.2K-2.2K0.3768.66N/AN/A1974,342621
2024-03-20$2.96$3.0025.2%7.2%29.6%1.9%25.3%50.9%0.8%20.8K-318.3K-2.1K0.0361.34N/AN/A3214,339622
2024-03-21$2.98$3.0025.9%7.4%29.7%2.1%25.9%52.2%-2.0%21.6K-336.4K-2.1K0.2856.29N/AN/A39114,356623
2024-03-22$2.94$3.0023.3%6.7%29.5%1.4%0.0%49.8%9.0%19.7K-317.8K-2.1K0.0056.39N/AN/A0274,389633
2024-03-25$2.88$3.0014.4%4.1%30.1%0.0%13.5%75.4%13.3%19.7K-213.2K-1.9K1.8342.89N/AN/A12224,399660
2024-03-26$2.91$3.0019.9%5.7%29.4%1.4%0.0%-28.7%16.1%21.2K-238.4K-2.0K0.0372.23N/AN/A15544,400674
2024-03-27$2.88$3.0019.7%5.7%29.5%1.4%0.0%256.8%16.5%19.6K-248.7K-2.1K1.3594.25N/AN/A26354,495670
2024-03-28$2.90$3.0020.6%5.9%29.7%1.6%0.0%-14.0%9.3%21.5K-249.9K-2.0K0.0074.66N/AN/A404,490649