DOCS Options History — April 2022

In April 2022, DOCS traded between $39.59 and $54.09. ATM implied volatility averaged 82.2%, placing in the 20.9% IV rank vs the trailing year. The 30-day expected move averaged 24.3%. IV traded above realized volatility by 11.9% (HV 20d: 70.3%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 1.67.

Notable Days

  • 2022-04-29: Highest Volume — 5,454 contracts
  • 2022-04-11: Largest IV spike — 19.4% change
  • 2022-04-29: Highest IV Rank — 58.8%
  • 2022-04-29: Largest Expected Move — 32.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.48$39.59$54.09$52.81$39.59
Max Pain$47.50$45.00$50.00$45.00$45.00
ATM IV82.2%64.5%114.4%64.5%114.4%
Expected Move24.3%21.2%32.8%22.2%32.8%
HV 20d70.3%51.6%102.2%102.2%57.1%
HV 60d94.1%92.7%95.6%94.7%93.4%
IV Rank20.9%0.0%58.8%0.0%58.8%
IV Percentile43.3%0.0%97.0%0.0%97.0%
Term Structure-3.3%-16.1%13.0%13.0%-16.1%
VWIV84.5%74.6%119.3%74.6%119.3%
Skew 25d6.9%3.9%9.8%3.9%9.8%
Skew 10d10.0%-5.5%18.6%8.2%9.3%
Call IV 25d80.8%63.6%110.5%63.6%110.5%
Put IV 25d87.7%67.5%120.3%67.5%120.3%
Bid-Ask Spread %53.6847.9467.1152.8054.41
Gamma HHI0.100.070.150.120.07
Net GEX429.0K-20.1K1.2M1.0M-10.9K
Net DEX-14.6M-47.5M11.3M-41.2M11.3M
Net VEX-241.4K-292.7K-190.1K-292.7K-190.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.670.3812.440.603.05
Total Volume3,318.72,2655,4543,2745,454
Total OI38,454.6530,79345,09442,02735,511

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$52.81$45.0064.5%22.2%102.2%0.0%74.6%3.9%13.0%1.0M-41.2M-292.7K0.6052.80N/AN/A2,0431,23127,29114,736
2022-04-04$54.09$45.0067.2%21.2%98.6%3.2%75.8%8.8%0.9%1.2M-47.5M-286.8K0.6051.23N/AN/A1,8391,10527,86114,748
2022-04-05$53.17$45.0066.6%21.8%98.8%2.5%75.3%6.7%-0.1%1.1M-41.8M-277.5K0.8454.20N/AN/A1,5121,27627,66614,776
2022-04-06$51.53$45.0068.7%22.4%98.0%5.0%78.9%7.4%-0.7%952.8K-33.1M-269.0K1.3651.47N/AN/A2,0262,75627,68714,782
2022-04-07$51.52$45.0067.9%22.0%93.1%4.0%78.1%7.6%-0.3%946.9K-32.4M-275.9K0.7749.84N/AN/A1,6221,24828,62316,322
2022-04-08$49.16$47.5069.2%22.2%90.5%5.6%79.1%4.8%-0.8%729.6K-19.7M-259.4K0.9255.23N/AN/A1,3791,27228,56916,332
2022-04-11$48.81$47.5082.7%23.1%72.3%21.4%80.3%7.1%-2.5%616.4K-17.2M-247.7K1.0047.94N/AN/A1,1321,13328,56916,467
2022-04-12$48.94$47.5084.1%22.7%68.3%23.1%78.3%6.5%-2.0%544.7K-17.1M-242.8K0.6654.52N/AN/A1,6181,07328,58616,508
2022-04-13$50.73$47.5078.2%22.4%65.2%16.2%77.1%6.4%-0.7%200.7K-23.9M-246.0K0.3853.39N/AN/A2,13380928,11616,487
2022-04-14$50.72$47.5078.9%22.6%58.2%17.0%77.3%8.0%-1.2%194.5K-20.5M-240.6K1.3153.12N/AN/A2,0922,74027,16616,518
2022-04-18$47.93$50.0081.2%23.3%59.0%19.7%80.6%6.2%-1.8%87.4K-2.7M-227.8K0.8352.39N/AN/A1,4061,17017,88212,911
2022-04-19$50.85$50.0081.8%23.4%52.8%20.4%79.3%7.4%-3.8%199.1K-10.4M-242.0K0.8450.63N/AN/A2,0381,70618,26912,983
2022-04-20$50.18$50.0080.4%23.1%51.6%18.8%78.5%6.5%-2.0%242.2K-9.6M-243.7K1.4755.39N/AN/A1,1021,61819,35813,198
2022-04-21$48.00$50.0082.4%23.6%53.3%21.2%80.4%6.4%-2.7%169.9K-4.1M-233.3K1.2354.15N/AN/A1,3631,67219,60513,235
2022-04-22$44.71$50.0086.9%24.9%58.4%26.4%84.8%6.1%-4.2%87.1K2.9M-216.7K0.9555.81N/AN/A1,7561,67719,74313,091
2022-04-25$46.40$47.5090.2%25.9%59.7%30.3%88.8%9.8%-7.2%141.4K-1.5M-219.0K1.2855.36N/AN/A1,2391,58220,02213,120
2022-04-26$44.76$50.0092.7%26.6%60.7%33.2%92.3%5.5%-6.9%88.8K3.0M-209.6K1.2654.36N/AN/A1,3451,69420,14213,234
2022-04-27$43.28$47.50102.9%29.5%54.2%45.2%104.9%5.6%-15.0%93.1K4.8M-204.3K12.4467.11N/AN/A2653,29620,47413,216
2022-04-28$42.40$47.50103.1%29.5%54.1%45.4%106.3%7.9%-11.1%-20.1K9.4M-202.4K1.5350.30N/AN/A1,5602,39220,47314,816
2022-04-29$39.59$45.00114.4%32.8%57.1%58.8%119.3%9.8%-16.1%-10.9K11.3M-190.1K3.0554.41N/AN/A1,3474,10720,98114,530