DVYE Options History — May 2025

In May 2025, DVYE traded between $27.18 and $28.72. ATM implied volatility averaged 25.2%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 8.1% (HV 20d: 17.1%). Max pain ranged from $26.00 to $29.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.41.

Notable Days

2025-05-21: Highest Volume — 21 contracts
2025-05-02: Largest IV spike — 80.6% change
2025-05-06: Highest IV Rank — 43.4%
2025-05-29: Largest Expected Move — 10.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$28.03	$27.18	$28.72	$27.18	$28.27
Max Pain	$28.71	$26.00	$29.00	$26.00	$29.00
ATM IV	25.2%	15.9%	43.0%	18.6%	17.6%
Expected Move	6.6%	4.3%	10.3%	5.3%	5.0%
HV 20d	17.1%	7.0%	42.2%	42.2%	9.6%
HV 60d	27.0%	26.5%	27.2%	27.1%	26.7%
IV Rank	21.1%	8.7%	43.4%	12.2%	11.6%
IV Percentile	53.5%	18.3%	86.9%	34.9%	29.0%
Term Structure	-4.5%	-21.9%	10.1%	10.1%	-5.7%
VWIV	24.5%	18.6%	28.2%	26.6%	28.2%
Skew 25d	1.9%	-22.5%	24.0%	-7.4%	-4.3%
Skew 10d	-2.0%	-22.4%	21.7%	-13.0%	-11.4%
Call IV 25d	21.2%	11.4%	46.9%	25.2%	25.7%
Put IV 25d	23.1%	14.4%	36.0%	17.8%	21.4%
Bid-Ask Spread %	137.96	120.51	150.43	126.61	124.78
Gamma HHI	0.43	0.24	0.80	0.32	0.44
Net GEX	5.8K	2.2K	15.0K	6.2K	3.3K
Net DEX	-96.5K	-179.3K	-66.5K	-72.5K	-77.7K
Net VEX	-496	-690	-380	-585	-444
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.41	0.00	2.00	0.00	0.00
Total Volume	2.476	0	21	5	1
Total OI	273.095	88	407	390	113

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-05-01	$27.18	$26.00	18.6%	5.3%	42.2%	12.2%	26.6%	-7.4%	10.1%	6.2K	-72.5K	-585	0.00	126.61	N/A	N/A	0	5	210	180
2025-05-02	$27.29	$26.00	33.7%	9.7%	41.9%	31.5%	0.0%	-22.5%	-17.8%	5.7K	-69.4K	-517	0.00	134.20	N/A	N/A	0	0	210	185
2025-05-05	$27.39	$29.00	36.9%	6.6%	36.2%	35.7%	0.0%	-3.4%	-1.7%	7.4K	-92.0K	-690	0.00	142.35	N/A	N/A	0	0	210	185
2025-05-06	$27.41	$29.00	43.0%	7.7%	32.1%	43.4%	0.0%	-8.7%	2.0%	5.8K	-75.4K	-563	0.00	142.78	N/A	N/A	0	0	210	185
2025-05-07	$27.27	$29.00	23.5%	5.2%	29.6%	18.4%	0.0%	5.1%	-3.6%	5.2K	-66.5K	-545	0.00	142.62	N/A	N/A	4	0	210	185
2025-05-08	$27.35	$29.00	33.7%	5.3%	19.3%	31.5%	0.0%	4.3%	-5.3%	7.5K	-85.1K	-605	0.00	147.33	N/A	N/A	0	0	214	185
2025-05-09	$27.59	$29.00	22.2%	9.4%	17.1%	16.7%	0.0%	-8.9%	-9.5%	7.0K	-92.0K	-520	0.00	150.43	N/A	N/A	0	1	214	185
2025-05-12	$27.76	$29.00	26.5%	6.6%	13.0%	22.2%	18.6%	-15.0%	-1.9%	7.6K	-101.2K	-492	0.00	143.40	N/A	N/A	0	1	214	184
2025-05-13	$28.07	$29.00	15.9%	4.3%	12.9%	8.7%	0.0%	2.1%	1.7%	15.0K	-128.8K	-380	0.07	141.14	N/A	N/A	14	1	214	185
2025-05-14	$28.34	$29.00	17.8%	5.1%	12.7%	11.1%	0.0%	5.8%	-5.2%	10.7K	-161.1K	-507	0.00	140.47	N/A	N/A	0	0	223	184
2025-05-15	$28.26	$29.00	26.0%	7.4%	12.7%	21.6%	0.0%	5.3%	-21.9%	13.5K	-159.1K	-480	0.00	145.08	N/A	N/A	0	0	223	184
2025-05-16	$28.41	$29.00	27.7%	7.9%	12.6%	23.8%	0.0%	0.2%	-1.0%	2.9K	-179.3K	-461	0.00	147.00	N/A	N/A	0	0	223	184
2025-05-19	$28.47	$29.00	19.0%	5.4%	11.9%	13.5%	0.0%	3.1%	3.2%	2.2K	-81.3K	-462	2.00	148.17	N/A	N/A	1	2	56	32
2025-05-20	$28.41	$29.00	25.9%	7.4%	8.7%	23.1%	0.0%	11.4%	-3.6%	2.5K	-79.9K	-456	0.00	138.60	N/A	N/A	0	0	57	34
2025-05-21	$28.45	$29.00	19.6%	5.6%	8.6%	14.4%	0.0%	24.0%	3.7%	2.4K	-78.9K	-467	0.00	135.07	N/A	N/A	21	0	57	35
2025-05-22	$28.34	$29.00	28.8%	8.3%	7.9%	27.1%	0.0%	0.3%	-17.5%	3.0K	-78.7K	-466	0.00	126.37	N/A	N/A	0	0	78	35
2025-05-23	$28.46	$29.00	18.7%	5.4%	7.8%	13.1%	0.0%	0.3%	-3.0%	2.6K	-78.7K	-499	0.00	139.53	N/A	N/A	0	0	78	35
2025-05-27	$28.64	$29.00	18.0%	5.2%	7.9%	12.2%	0.0%	2.8%	-3.9%	3.9K	-88.5K	-400	0.00	120.51	N/A	N/A	0	0	78	35
2025-05-28	$28.64	$29.00	20.1%	5.8%	7.9%	15.1%	0.0%	21.6%	-1.4%	4.4K	-90.8K	-400	0.00	125.92	N/A	N/A	0	0	78	35
2025-05-29	$28.72	$29.00	35.8%	10.3%	7.0%	36.7%	0.0%	24.0%	-11.9%	3.4K	-90.4K	-471	0.00	134.89	N/A	N/A	1	0	78	35
2025-05-30	$28.27	$29.00	17.6%	5.0%	9.6%	11.6%	28.2%	-4.3%	-5.7%	3.3K	-77.7K	-444	0.00	124.78	N/A	N/A	0	1	78	35