DSX Options History — April 2025

In April 2025, DSX traded between $1.31 and $1.60. ATM implied volatility averaged 125.9%, placing in the 64.4% IV rank vs the trailing year. The 30-day expected move averaged 38.4%. IV traded above realized volatility by 72.8% (HV 20d: 53.2%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 5.48.

Notable Days

  • 2025-04-07: Highest Volume — 384 contracts
  • 2025-04-14: Largest IV spike — 102.2% change
  • 2025-04-09: Highest IV Rank — 100.0%
  • 2025-04-07: Largest Expected Move — 67.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.45$1.31$1.60$1.60$1.46
Max Pain$1.19$1.00$2.00$2.00$1.00
ATM IV125.9%62.4%212.6%62.4%113.9%
Expected Move38.4%12.5%67.9%12.7%32.7%
HV 20d53.2%24.9%62.8%25.5%61.3%
HV 60d39.3%28.7%43.2%28.7%42.9%
IV Rank64.4%33.2%100.0%37.2%49.5%
IV Percentile96.3%87.7%100.0%87.7%95.2%
Term Structure-30.9%-122.0%62.8%-25.2%-54.3%
VWIV104.6%94.2%118.8%102.7%97.0%
Skew 25d39.6%-145.9%247.4%-141.6%-47.0%
Skew 10d13.4%-189.4%228.3%-189.4%-70.8%
Call IV 25d127.5%48.0%305.9%305.9%172.2%
Put IV 25d167.1%62.9%310.9%164.3%125.3%
Bid-Ask Spread %92.0115.75149.95117.0447.36
Gamma HHI0.720.430.920.910.58
Net GEX5.8K2.9K7.7K7.7K6.9K
Net DEX-167.2K-412.0K-65.6K-158.9K-201.0K
Net VEX-1.1K-2.5K-547-1.1K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.480.00100.000.000.00
Total Volume78.0950384031
Total OI11,653.71411,21812,15811,48811,469

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$1.60$2.0062.4%12.7%25.5%37.2%0.0%-141.6%-25.2%7.7K-158.9K-1.1K0.00117.04N/AN/A0010,932556
2025-04-02$1.58$2.0074.0%12.5%24.9%46.4%0.0%14.9%-9.5%6.8K-127.1K-8670.00107.46N/AN/A40010,932556
2025-04-03$1.50$2.00129.7%49.0%29.6%90.7%102.7%86.9%-26.5%6.1K-137.0K-1.1K0.00116.95N/AN/A103010,952556
2025-04-04$1.35$2.00116.3%35.0%45.0%80.0%118.8%28.7%62.8%5.6K-373.2K-2.2K2.22126.15N/AN/A276011,005556
2025-04-07$1.37$1.00114.7%67.9%46.2%78.8%0.0%-40.1%-122.0%7.0K-412.0K-2.5K0.00126.47N/AN/A383111,030496
2025-04-08$1.31$1.00128.8%50.3%47.5%90.1%110.1%160.0%-43.5%2.9K-65.6K-5470.00115.80N/AN/A43011,362496
2025-04-09$1.40$1.00166.8%47.8%54.9%100.0%0.0%171.5%-38.1%4.9K-112.5K-8710.00119.45N/AN/A2011,370496
2025-04-10$1.37$1.00212.6%60.9%54.9%100.0%94.2%247.4%-25.7%4.3K-99.8K-7860.00149.95N/AN/A22011,370496
2025-04-11$1.44$1.0091.4%26.2%57.0%38.4%0.0%22.7%-25.7%5.3K-124.0K-9280.42107.16N/AN/A1205111,370556
2025-04-14$1.44$1.00184.8%53.0%57.1%85.9%97.0%181.7%-13.3%6.0K-165.0K-1.2K0.20105.53N/AN/A1022011,481607
2025-04-15$1.44$1.00187.7%53.8%57.3%87.4%0.0%184.4%-29.5%6.0K-141.4K-9910.00105.53N/AN/A50011,481627
2025-04-16$1.40$1.00185.3%53.1%57.3%86.1%0.0%183.9%-28.1%5.4K-122.3K-9250.13104.04N/AN/A8111,531627
2025-04-17$1.48$1.00187.3%53.7%62.1%87.2%0.0%189.3%-26.3%6.6K-160.0K-1.0K0.20104.54N/AN/A10211,537608
2025-04-21$1.44$1.0081.0%23.2%61.8%33.2%0.0%10.8%4.6%5.5K-142.7K-8291.0074.50N/AN/A313110,822396
2025-04-22$1.46$1.00107.0%30.7%62.3%46.4%0.0%-121.6%-35.9%5.6K-144.8K-8670.0071.90N/AN/A379010,825427
2025-04-23$1.46$1.0094.9%27.2%62.4%40.2%0.0%-145.9%-37.6%5.8K-164.2K-876100.0074.53N/AN/A110010,927427
2025-04-24$1.48$1.0093.0%26.7%62.8%39.3%0.0%-32.2%-35.6%6.1K-173.5K-9640.0050.01N/AN/A11010,927527
2025-04-25$1.48$1.0095.2%27.3%62.3%40.4%0.0%-33.1%-37.4%6.0K-168.6K-8880.0048.30N/AN/A1010,936527
2025-04-28$1.46$1.00107.3%30.8%62.3%46.6%0.0%-44.1%-68.0%5.6K-158.8K-8300.0015.75N/AN/A0410,937527
2025-04-29$1.46$1.00110.5%31.7%61.6%48.0%0.0%-45.5%-33.7%5.7K-159.2K-8030.0043.83N/AN/A6010,937531
2025-04-30$1.46$1.00113.9%32.7%61.3%49.5%0.0%-47.0%-54.3%6.9K-201.0K-1.1K0.0047.36N/AN/A31010,938531