DOCS Options History — January 2022

In January 2022, DOCS traded between $40.49 and $51.48. ATM implied volatility averaged 83.6%, placing in the 26.2% IV rank vs the trailing year. The 30-day expected move averaged 23.9%. IV traded above realized volatility by 25.7% (HV 20d: 57.9%). Max pain ranged from $47.50 to $52.50. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.92.

Notable Days

  • 2022-01-06: Highest Volume — 8,474 contracts
  • 2022-01-06: Largest IV spike — 18.6% change
  • 2022-01-27: Highest IV Rank — 39.2%
  • 2022-01-27: Largest Expected Move — 28.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.83$40.49$51.48$51.48$44.86
Max Pain$49.88$47.50$52.50$50.00$50.00
ATM IV83.6%68.8%98.9%68.8%98.1%
Expected Move23.9%19.7%28.4%19.7%28.1%
HV 20d57.9%44.6%75.3%75.3%58.4%
HV 60d77.4%75.4%80.9%80.9%77.7%
IV Rank26.2%8.5%39.2%8.5%38.2%
IV Percentile64.5%11.1%91.9%11.1%89.9%
Term Structure-3.5%-16.6%5.7%3.8%-16.6%
VWIV83.0%69.4%96.0%69.4%95.7%
Skew 25d3.9%-0.5%9.6%-0.5%9.6%
Skew 10d5.9%-0.7%17.5%0.1%17.5%
Call IV 25d81.9%69.4%94.8%69.4%93.6%
Put IV 25d85.8%68.9%103.2%68.9%103.2%
Bid-Ask Spread %50.4315.5163.3521.2654.80
Gamma HHI0.170.090.220.090.14
Net GEX166.4K-285.4K881.0K351.1K87.4K
Net DEX6.7M-12.1M22.9M-6.7M2.8M
Net VEX-248.4K-289.2K-214.8K-264.1K-246.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.920.371.810.791.29
Total Volume3,971.352,3398,4742,5923,340
Total OI45,854.9530,78554,11744,15535,020

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$51.48$50.0068.8%19.7%75.3%0.0%69.4%-0.5%3.8%351.1K-6.7M-264.1K0.7921.26N/AN/A1,4521,14023,16820,987
2022-01-04$51.06$47.5070.9%20.3%75.1%0.0%70.9%0.5%3.2%353.3K-6.2M-263.4K1.7215.51N/AN/A2,3073,97723,50721,132
2022-01-05$49.40$47.5069.9%20.0%69.5%0.0%70.3%1.2%5.7%222.7K-545.4K-273.8K0.5419.64N/AN/A2,1991,19524,29623,818
2022-01-06$46.76$50.0082.9%23.4%71.0%0.0%82.4%-0.1%1.6%61.6K6.2M-273.6K0.5854.56N/AN/A5,3643,11025,28924,118
2022-01-07$47.80$50.0077.4%22.5%68.1%0.0%78.8%1.5%2.4%450.9K-1.0M-289.2K1.5557.73N/AN/A1,2521,93728,53724,994
2022-01-10$47.83$50.0080.2%22.6%64.8%0.0%79.3%5.7%0.9%491.5K24.7K-276.5K0.5060.06N/AN/A3,0241,50328,57925,013
2022-01-11$47.96$52.5076.2%21.4%63.4%0.0%74.0%1.7%3.0%646.8K-2.3M-272.1K0.8457.60N/AN/A1,6521,38428,71224,618
2022-01-12$50.03$50.0073.4%21.0%63.0%8.5%72.8%4.0%4.0%881.0K-12.1M-277.5K0.5763.35N/AN/A1,65995428,83424,570
2022-01-13$47.74$50.0073.4%21.0%61.5%8.5%73.6%2.6%2.8%739.1K-2.1M-266.4K0.6760.38N/AN/A1,40493529,20724,410
2022-01-14$46.16$50.0076.1%21.8%44.6%11.7%74.3%6.0%1.8%282.9K10.7M-249.0K0.3860.36N/AN/A3,2071,20727,97624,451
2022-01-18$42.96$50.0083.6%24.0%50.2%20.7%82.5%3.8%-4.0%-260.4K22.3M-222.6K0.8561.25N/AN/A1,3691,15928,77424,513
2022-01-19$43.50$50.0086.3%24.7%50.5%24.0%85.1%4.6%-7.3%-224.3K20.3M-220.9K1.0561.37N/AN/A1,3731,44628,98824,383
2022-01-20$44.36$50.0085.1%24.4%51.2%22.5%85.4%2.4%-4.9%-285.4K17.9M-234.9K0.6628.09N/AN/A3,1522,06729,02924,961
2022-01-21$43.47$50.0089.3%25.6%51.4%27.6%89.9%5.1%-6.3%-128.9K22.9M-227.4K1.8156.78N/AN/A1,4122,55729,06425,053
2022-01-24$44.23$50.0092.7%26.6%47.9%31.7%93.5%6.4%-11.4%-62.6K11.1M-227.1K1.1657.68N/AN/A1,5731,81916,19314,592
2022-01-25$43.16$50.0095.9%27.5%47.4%35.5%95.2%4.0%-10.6%-75.9K12.3M-223.8K1.3853.58N/AN/A1,1061,52116,54814,717
2022-01-26$41.94$50.0097.6%28.0%47.2%37.6%96.0%4.7%-13.4%-103.0K14.3M-215.3K0.3856.01N/AN/A3,9521,51316,63614,695
2022-01-27$40.49$50.0098.9%28.4%48.0%39.2%95.4%7.1%-14.7%-71.3K14.5M-214.8K0.3757.05N/AN/A4,1961,53318,66014,718
2022-01-28$41.35$50.0095.1%27.3%48.6%34.6%95.3%7.2%-9.2%-27.9K9.6M-229.8K1.2551.62N/AN/A1,5481,92919,60214,737
2022-01-31$44.86$50.0098.1%28.1%58.4%38.2%95.7%9.6%-16.6%87.4K2.8M-246.3K1.2954.80N/AN/A1,4581,88219,85415,166