DSX Options History — May 2024

In May 2024, DSX traded between $2.94 and $3.20. ATM implied volatility averaged 38.6%, placing in the 7.8% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 16.9% (HV 20d: 21.7%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.18.

Notable Days

  • 2024-05-20: Highest Volume — 4,507 contracts
  • 2024-05-08: Largest IV spike — 123.0% change
  • 2024-05-29: Highest IV Rank — 17.2%
  • 2024-05-20: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.09$2.94$3.20$2.94$2.99
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV38.6%17.5%73.6%24.8%36.5%
Expected Move10.8%6.3%14.8%7.1%10.5%
HV 20d21.7%13.0%28.2%13.0%25.4%
HV 60d23.6%21.4%24.5%23.5%21.4%
IV Rank7.8%0.8%17.2%2.7%13.0%
IV Percentile63.3%2.0%98.4%18.7%66.7%
Term Structure-0.6%-21.7%9.0%7.4%3.1%
VWIV37.6%18.8%51.5%25.0%36.7%
Skew 25d57.9%-80.0%195.0%15.8%63.0%
Skew 10d137.9%-49.5%319.3%-42.6%90.6%
Call IV 25d51.7%31.7%149.0%106.9%44.3%
Put IV 25d109.6%33.4%232.1%122.7%107.3%
Bid-Ask Spread %65.1637.6598.5765.6160.89
Gamma HHI0.890.770.950.920.95
Net GEX82.6K21.6K172.3K21.6K172.3K
Net DEX-1.9M-4.1M-383.0K-383.0K-2.3M
Net VEX-7.1K-11.0K-3.7K-3.7K-10.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.000.980.030.60
Total Volume1,000.5404,50740685
Total OI16,715.7278,40326,3308,40326,314

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$2.94$3.0024.8%7.1%13.0%2.7%25.0%15.8%7.4%21.6K-383.0K-3.7K0.0365.61N/AN/A3916,6351,768
2024-05-02$3.04$3.0021.9%6.3%17.4%1.9%18.8%-80.0%9.0%26.1K-602.9K-3.8K0.2564.17N/AN/A271696,6491,769
2024-05-03$3.01$3.0025.6%7.3%17.4%2.9%28.3%-39.3%5.2%24.0K-558.9K-3.9K0.3572.21N/AN/A224796,8821,819
2024-05-06$3.00$3.0029.8%10.6%17.4%4.0%37.1%195.0%-8.2%26.5K-505.8K-3.8K0.0975.46N/AN/A217206,8691,880
2024-05-07$3.06$3.0017.5%8.2%18.3%0.8%28.8%164.9%5.9%25.1K-688.5K-3.8K0.1841.49N/AN/A192356,8761,900
2024-05-08$3.12$3.0039.1%9.8%17.7%6.4%34.2%124.8%1.3%26.2K-839.6K-3.9K0.0850.97N/AN/A1,3401027,0261,905
2024-05-09$3.17$3.0036.2%9.3%18.1%5.7%32.5%72.2%2.8%32.6K-1.2M-4.7K0.0037.65N/AN/A39108,3101,958
2024-05-10$3.09$3.0027.5%11.3%21.0%3.4%39.2%103.8%-4.9%33.9K-1.0M-4.8K0.0943.90N/AN/A110108,3691,958
2024-05-13$3.16$3.0041.1%9.9%21.7%6.9%35.4%59.2%3.0%31.4K-1.2M-4.7K0.0770.00N/AN/A638438,4121,965
2024-05-14$3.15$3.0073.6%11.2%21.8%15.4%39.0%80.0%-0.9%43.0K-1.4M-5.4K0.0285.26N/AN/A1,552279,9711,989
2024-05-15$3.12$3.0050.4%14.4%22.4%9.3%51.4%13.0%-7.2%44.8K-1.7M-6.2K0.0368.98N/AN/A3,77511711,5422,066
2024-05-16$3.16$3.0050.3%14.4%22.4%9.3%48.4%136.0%-21.7%75.3K-2.3M-7.6K0.5958.79N/AN/A48828614,9462,182
2024-05-17$3.15$3.0047.8%13.7%22.5%8.7%47.7%140.0%-7.7%73.9K-2.4M-7.9K0.0298.57N/AN/A2,8487115,3732,417
2024-05-20$3.20$3.0051.5%14.8%22.5%9.6%51.5%55.1%-6.3%93.4K-3.0M-8.8K0.0157.72N/AN/A4,4446317,6872,182
2024-05-21$3.20$3.0035.6%10.2%22.3%5.5%34.7%0.4%5.5%160.6K-4.1M-10.2K0.0562.30N/AN/A5372722,0962,223
2024-05-22$3.13$3.0033.3%9.6%24.0%4.9%33.5%-3.7%8.3%167.3K-3.6M-10.6K0.0269.81N/AN/A306522,5772,249
2024-05-23$3.12$3.0041.9%12.0%24.1%7.1%40.2%4.5%-7.1%145.6K-3.4M-10.8K0.1890.29N/AN/A2434322,5322,753
2024-05-24$3.15$3.0045.5%13.1%24.1%8.1%45.5%3.6%-2.8%132.9K-3.6M-11.0K0.1682.54N/AN/A5518622,5432,751
2024-05-28$3.04$3.0040.2%11.5%27.7%15.2%40.2%49.4%4.0%145.4K-3.0M-10.9K0.1077.12N/AN/A1,24112523,1482,762
2024-05-29$3.00$3.0043.5%12.5%28.2%17.2%43.5%56.9%-4.6%152.5K-2.6M-10.5K0.0849.40N/AN/A4393523,4572,873
2024-05-30$2.98$3.0036.2%10.4%28.2%12.9%36.0%60.1%3.0%162.8K-2.3M-10.1K0.9850.27N/AN/A11911723,2652,898
2024-05-31$2.99$3.0036.5%10.5%25.4%13.0%36.7%63.0%3.1%172.3K-2.3M-10.0K0.6060.89N/AN/A42825723,2993,015