DOCS Options History — February 2022

In February 2022, DOCS traded between $45.58 and $61.72. ATM implied volatility averaged 85.6%, placing in the 23.2% IV rank vs the trailing year. The 30-day expected move averaged 22.6%. IV traded below realized volatility by 3.9% (HV 20d: 89.5%). Max pain ranged from $45.00 to $57.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.70.

Notable Days

  • 2022-02-09: Highest Volume — 28,257 contracts
  • 2022-02-09: Largest IV drop — 48.8% change
  • 2022-02-08: Highest IV Rank — 87.9%
  • 2022-02-02: Largest Expected Move — 27.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.74$45.58$61.72$48.76$60.91
Max Pain$53.03$45.00$57.50$50.00$57.50
ATM IV85.6%69.0%139.4%95.7%76.0%
Expected Move22.6%19.8%27.8%27.4%21.8%
HV 20d89.5%64.8%105.4%65.9%96.6%
HV 60d83.6%75.0%88.8%79.9%83.2%
IV Rank23.2%3.2%87.9%35.3%11.6%
IV Percentile37.2%2.7%98.6%87.8%19.1%
Term Structure-3.7%-17.2%3.2%-15.3%-2.3%
VWIV78.6%69.6%95.9%95.9%73.9%
Skew 25d5.6%3.3%10.2%10.2%6.1%
Skew 10d12.3%7.3%21.1%21.1%11.6%
Call IV 25d76.7%67.0%94.1%92.6%72.1%
Put IV 25d82.3%71.4%102.8%102.8%78.2%
Bid-Ask Spread %41.6222.9651.5147.7951.51
Gamma HHI0.150.110.380.120.14
Net GEX683.5K226.0K1.4M252.0K574.5K
Net DEX-33.7M-75.3M-2.9M-7.9M-38.1M
Net VEX-300.4K-334.2K-258.2K-265.7K-320.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.361.360.530.45
Total Volume5,4702,09328,2576,7143,541
Total OI40,530.84229,58151,42735,28231,973

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$48.76$50.0095.7%27.4%65.9%35.3%95.9%10.2%-15.3%252.0K-7.9M-265.7K0.5347.79N/AN/A4,3932,32120,09115,191
2022-02-02$46.73$50.0096.9%27.8%67.4%36.8%95.0%7.5%-15.2%282.1K-5.1M-263.2K0.4349.99N/AN/A1,87980721,58015,189
2022-02-03$45.58$45.00106.3%24.7%67.0%48.1%84.4%4.6%-7.0%226.0K-2.9M-258.2K0.3626.08N/AN/A2,17879421,74615,269
2022-02-04$46.59$45.00111.9%25.1%64.8%54.9%86.1%7.0%-10.1%345.1K-7.5M-266.5K0.7422.96N/AN/A1,29195722,78715,274
2022-02-07$48.41$45.00127.6%25.9%65.7%73.8%86.7%6.3%-10.5%435.0K-14.4M-269.2K0.5527.34N/AN/A2,9671,62222,90615,396
2022-02-08$49.47$45.00139.4%27.2%66.2%87.9%93.8%3.4%-17.2%501.2K-19.7M-281.7K0.8441.53N/AN/A4,1583,49723,73415,817
2022-02-09$61.72$45.0071.3%20.4%102.3%6.0%70.8%5.1%1.8%1.1M-75.3M-304.4K0.3732.22N/AN/A20,6177,64025,80215,480
2022-02-10$60.73$55.0069.0%19.8%102.1%3.2%71.7%3.7%3.1%1.1M-71.3M-334.2K0.8446.16N/AN/A5,0394,25529,10018,645
2022-02-11$55.95$55.0070.7%20.3%105.4%5.2%71.4%4.8%3.2%1.0M-42.2M-329.1K0.8044.48N/AN/A3,1872,55829,63019,424
2022-02-14$57.16$55.0074.3%21.3%104.3%9.6%74.4%5.0%0.5%1.2M-49.7M-324.4K1.3644.87N/AN/A2,1792,95629,94319,445
2022-02-15$57.01$57.5071.0%20.4%99.9%5.6%71.2%6.4%1.6%1.0M-45.3M-318.5K0.6145.82N/AN/A2,4961,53030,02720,837
2022-02-16$57.36$57.5070.9%20.3%99.9%5.5%69.6%4.8%1.3%952.6K-50.8M-313.6K0.4951.10N/AN/A2,2641,10630,17720,644
2022-02-17$57.64$57.5072.0%20.6%99.9%6.8%72.2%3.3%-1.7%882.0K-50.8M-311.5K0.3646.57N/AN/A2,9201,04730,04620,759
2022-02-18$57.22$57.5072.7%20.8%99.4%7.6%73.4%3.6%1.6%1.4M-54.3M-310.8K0.4740.13N/AN/A2,1221,00330,76620,661
2022-02-22$56.72$57.5076.6%22.0%99.8%12.3%77.4%5.4%-1.5%353.3K-25.8M-307.0K0.9032.34N/AN/A1,7911,60417,49212,089
2022-02-23$55.80$57.5077.0%22.1%99.4%12.8%75.5%6.5%-1.7%317.7K-21.7M-302.7K0.9343.75N/AN/A1,0821,01117,92212,463
2022-02-24$57.34$57.5074.8%21.4%98.3%10.2%75.5%7.2%-1.3%396.2K-26.1M-309.6K1.1349.39N/AN/A1,0121,14318,13812,637
2022-02-25$58.89$57.5072.7%20.8%96.5%7.6%73.4%5.5%0.9%506.4K-32.2M-316.0K1.1146.80N/AN/A1,4051,55818,36312,643
2022-02-28$60.91$57.5076.0%21.8%96.6%11.6%73.9%6.1%-2.3%574.5K-38.1M-320.9K0.4551.51N/AN/A2,4351,10618,75613,217