DOCS Options History — December 2021

In December 2021, DOCS traded between $48.68 and $67.75. ATM implied volatility averaged 83.9%. The 30-day expected move averaged 23.1%. IV traded below realized volatility by 11.0% (HV 20d: 94.9%). Max pain ranged from $50.00 to $70.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.98.

Notable Days

  • 2021-12-16: Highest Volume — 11,098 contracts
  • 2021-12-03: Largest IV spike — 24.4% change
  • 2021-12-03: Largest Expected Move — 30.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.58$48.68$67.75$64.70$50.36
Max Pain$58.86$50.00$70.00$70.00$50.00
ATM IV83.9%67.6%106.5%84.4%67.6%
Expected Move23.1%19.4%30.3%24.2%19.4%
HV 20d94.9%84.9%102.0%84.9%87.6%
HV 60d83.8%81.2%85.7%81.5%81.2%
Term Structure0.5%-12.3%6.5%-3.1%6.5%
VWIV81.8%68.0%106.6%88.3%68.0%
Skew 25d2.2%-1.3%5.1%0.4%-1.3%
Skew 10d3.4%-4.0%9.6%1.6%-2.9%
Call IV 25d80.9%69.0%103.5%88.4%69.0%
Put IV 25d83.1%67.7%108.6%88.8%67.7%
Bid-Ask Spread %28.1610.1443.8529.7042.36
Gamma HHI0.130.090.490.090.09
Net GEX21.3K-1.0M625.5K426.4K315.4K
Net DEX1.7M-28.2M24.7M-18.7M-4.5M
Net VEX-291.2K-356.7K-252.0K-342.3K-270.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.344.091.120.34
Total Volume4,441.7732,30311,0984,0343,187
Total OI39,394.77331,44445,99833,81144,124

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$64.70$70.0084.4%24.2%84.9%0.0%88.3%0.4%-3.1%426.4K-18.7M-342.3K1.1229.70N/AN/A1,8992,13519,88213,929
2021-12-02$67.75$70.0085.0%24.4%86.5%0.0%86.3%4.9%-4.8%625.5K-28.2M-356.7K1.0540.62N/AN/A2,2182,33420,24514,033
2021-12-03$59.02$70.00105.8%30.3%98.7%0.0%106.6%5.1%-12.3%211.2K-5.4M-322.5K1.6234.12N/AN/A2,7944,52221,12714,244
2021-12-06$57.77$65.0093.6%25.0%96.2%0.0%87.2%3.8%0.9%12.0K2.3M-305.2K1.1811.99N/AN/A1,8932,23221,46815,920
2021-12-07$62.17$65.0090.6%24.0%99.2%0.0%84.7%1.5%1.0%282.4K-9.9M-329.5K0.7910.14N/AN/A2,2781,80921,76716,082
2021-12-08$62.23$65.0087.7%23.3%95.4%0.0%82.4%2.3%1.6%299.5K-10.1M-326.7K0.9810.84N/AN/A1,9771,93722,10615,943
2021-12-09$57.65$65.0088.1%23.2%96.0%0.0%83.3%3.3%1.2%-40.3K4.4M-294.8K0.8517.08N/AN/A1,8561,57422,14715,756
2021-12-10$54.01$65.0084.0%23.0%91.7%0.0%81.9%2.8%1.6%-235.4K13.6M-269.3K0.6322.30N/AN/A2,1571,36322,07915,703
2021-12-13$55.74$60.0098.5%23.5%92.3%0.0%82.8%3.9%0.2%-165.7K8.8M-274.9K0.9327.09N/AN/A2,4652,29822,63315,844
2021-12-14$52.67$60.00106.5%24.1%93.4%0.0%88.2%5.1%-0.5%-207.0K15.5M-267.4K1.0640.35N/AN/A2,4272,58123,61816,477
2021-12-15$55.40$60.0083.9%24.1%95.5%0.0%83.8%4.8%-0.6%-97.0K8.7M-296.5K1.4132.83N/AN/A1,6322,30624,20517,391
2021-12-16$48.89$60.0085.6%24.6%102.0%0.0%85.6%1.5%-2.9%-375.4K24.7M-252.0K0.4441.78N/AN/A7,7213,37724,49817,377
2021-12-17$49.66$60.0081.8%23.4%101.3%0.0%82.6%1.6%0.7%-1.0M23.3M-262.5K0.7636.85N/AN/A2,8472,16128,09717,901
2021-12-20$48.68$55.0083.4%23.9%99.3%0.0%87.2%1.2%0.2%-21.7K8.4M-259.4K4.0919.16N/AN/A1,8467,54517,64913,795
2021-12-21$48.77$55.0077.2%22.1%99.2%0.0%77.8%1.8%2.6%-154.2K8.7M-276.0K0.4543.85N/AN/A2,15896318,47820,309
2021-12-22$48.96$50.0076.7%22.0%98.5%0.0%76.6%3.0%1.9%-31.6K4.3M-284.2K0.5932.51N/AN/A1,9511,14220,38120,517
2021-12-23$51.47$50.0073.0%20.9%98.9%0.0%73.3%1.0%4.4%74.7K-1.3M-289.8K0.6036.76N/AN/A1,7911,08020,72620,516
2021-12-27$52.30$50.0076.6%22.0%98.8%0.0%76.0%1.4%2.7%163.9K-4.9M-293.1K0.7325.96N/AN/A1,33496921,33220,601
2021-12-28$50.71$50.0073.1%21.0%90.9%0.0%75.4%-1.1%4.3%121.7K-583.8K-281.0K0.8422.78N/AN/A1,3331,12221,57220,724
2021-12-29$50.53$50.0072.9%20.9%90.5%0.0%73.0%0.3%3.2%89.2K728.3K-275.5K0.5022.20N/AN/A1,74786721,42421,029
2021-12-30$51.26$50.0069.0%19.8%90.2%0.0%69.0%0.5%2.6%195.3K-2.6M-276.6K0.5618.28N/AN/A2,4901,40121,95021,086
2021-12-31$50.36$50.0067.6%19.4%87.6%0.0%68.0%-1.3%6.5%315.4K-4.5M-270.7K0.3442.36N/AN/A2,38080723,18720,937