DOCS Options History — May 2022

In May 2022, DOCS traded between $27.55 and $41.06. ATM implied volatility averaged 113.7%, placing in the 48.7% IV rank vs the trailing year. The 30-day expected move averaged 30.3%. IV traded above realized volatility by 24.0% (HV 20d: 89.7%). Max pain ranged from $30.00 to $50.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.02.

Notable Days

  • 2022-05-17: Highest Volume — 56,626 contracts
  • 2022-05-11: Largest IV drop — 27.9% change
  • 2022-05-09: Highest IV Rank — 100.0%
  • 2022-05-03: Largest Expected Move — 36.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.78$27.55$41.06$41.06$34.86
Max Pain$39.88$30.00$50.00$45.00$32.50
ATM IV113.7%80.8%175.1%125.1%84.8%
Expected Move30.3%23.2%36.1%35.9%24.3%
HV 20d89.7%59.1%109.2%59.1%106.6%
HV 60d92.8%84.9%97.6%93.6%91.0%
IV Rank48.7%14.8%100.0%71.4%18.4%
IV Percentile84.5%32.7%100.0%97.5%56.1%
Term Structure-10.2%-26.0%1.2%-22.5%-3.2%
VWIV107.4%82.3%131.3%128.2%88.6%
Skew 25d11.1%7.7%17.1%12.0%10.7%
Skew 10d21.6%8.6%55.5%25.7%20.3%
Call IV 25d101.8%76.7%120.5%118.7%81.6%
Put IV 25d113.0%91.2%136.2%130.7%92.3%
Bid-Ask Spread %32.6018.0355.1746.5724.61
Gamma HHI0.240.120.640.120.15
Net GEX-135.6K-1.7M478.6K-120.4K478.6K
Net DEX13.1M-16.5M45.4M11.2M-16.5M
Net VEX-175.6K-235.4K-107.8K-203.5K-231.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.193.821.530.60
Total Volume8,701.4762,41556,6263,6232,503
Total OI45,643.23832,65291,26138,00839,669

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$41.06$45.00125.1%35.9%59.1%71.4%128.2%12.0%-22.5%-120.4K11.2M-203.5K1.5346.57N/AN/A1,4322,19120,63417,374
2022-05-03$38.72$45.00125.9%36.1%59.6%72.3%130.1%13.3%-26.0%-201.6K16.9M-191.7K2.3851.79N/AN/A1,2252,91720,86117,792
2022-05-04$40.82$45.00122.0%35.0%64.5%67.8%124.6%13.5%-25.7%-219.8K13.2M-204.4K1.1455.17N/AN/A1,1811,34320,97819,113
2022-05-05$38.28$50.00132.1%29.0%66.8%79.7%100.4%10.5%-9.8%-268.2K19.3M-186.9K1.2218.03N/AN/A1,0881,32721,05918,897
2022-05-06$34.70$50.00138.9%30.4%72.7%87.6%105.4%8.7%-13.4%-302.2K25.9M-163.7K1.4520.93N/AN/A1,3912,01021,11518,882
2022-05-09$31.25$50.00175.1%33.9%78.3%100.0%116.9%12.1%-16.2%-256.9K30.2M-135.7K1.2631.63N/AN/A2,8403,57021,30118,671
2022-05-10$30.79$47.50162.8%33.1%78.1%88.9%115.4%9.7%-15.7%-202.6K25.5M-133.0K0.6423.15N/AN/A2,9711,89621,64016,955
2022-05-11$27.55$45.00117.4%33.7%83.4%47.9%115.4%9.7%-15.1%-164.7K29.5M-107.8K0.8034.53N/AN/A2,2741,82621,50917,142
2022-05-12$29.63$45.00117.0%33.5%88.1%47.5%118.6%10.9%-13.8%-184.0K26.3M-127.8K0.8331.81N/AN/A1,8031,50122,00117,218
2022-05-13$31.93$42.50114.8%32.9%94.9%45.5%118.2%10.3%-11.9%-206.3K23.6M-140.7K0.8930.59N/AN/A1,3601,20622,21617,393
2022-05-16$32.79$42.50115.9%33.2%95.6%46.5%118.5%7.7%-15.0%-224.6K22.7M-140.2K1.4633.87N/AN/A3,1874,66722,38217,592
2022-05-17$34.09$40.00122.2%35.0%93.6%52.2%131.3%17.1%-12.5%-213.0K20.9M-147.0K3.8245.71N/AN/A11,75944,86723,53819,603
2022-05-18$30.45$30.0098.5%28.3%99.2%30.8%102.1%11.9%-0.2%-1.7M45.4M-144.2K0.6738.36N/AN/A22,37015,01831,86951,827
2022-05-19$32.76$32.5097.6%28.0%104.8%30.0%98.6%9.3%-1.1%-725.6K13.1M-201.4K0.3035.21N/AN/A7,8692,37040,73649,740
2022-05-20$31.41$32.5095.1%27.3%103.4%27.7%101.8%11.0%-2.6%157.1K16.1M-188.2K0.8741.19N/AN/A3,0182,61341,64649,615
2022-05-23$33.00$32.5093.1%26.7%104.3%25.9%92.6%9.6%-3.7%196.4K-6.9M-195.8K0.4725.17N/AN/A3,5511,67720,55812,094
2022-05-24$31.93$32.5095.1%27.3%104.2%27.7%94.3%9.0%-4.3%193.2K-4.6M-190.7K0.3925.99N/AN/A2,8541,10521,94912,326
2022-05-25$34.49$32.5087.9%25.2%109.2%21.2%88.0%10.3%0.9%323.2K-12.5M-212.7K0.2520.13N/AN/A3,45986823,11412,258
2022-05-26$33.91$32.5084.9%24.3%109.1%18.4%84.8%12.2%-3.5%316.5K-9.1M-205.5K0.2025.84N/AN/A5,5491,10023,61712,340
2022-05-27$34.89$32.5080.8%23.2%107.8%14.8%82.3%14.5%1.2%467.0K-16.0M-235.4K0.1924.40N/AN/A4,17180426,78612,498
2022-05-31$34.86$32.5084.8%24.3%106.6%18.4%88.6%10.7%-3.2%478.6K-16.5M-231.2K0.6024.61N/AN/A1,56893527,12212,547