DOCS Options History — December 2022

In December 2022, DOCS traded between $32.80 and $36.74. ATM implied volatility averaged 64.4%, placing in the 4.1% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded below realized volatility by 8.2% (HV 20d: 72.6%). Max pain ranged from $32.50 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.68.

Notable Days

  • 2022-12-01: Highest Volume — 2,533 contracts
  • 2022-12-12: Largest IV spike — 21.9% change
  • 2022-12-12: Highest IV Rank — 20.5%
  • 2022-12-06: Largest Expected Move — 18.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.78$32.80$36.74$34.66$33.44
Max Pain$33.81$32.50$35.00$32.50$35.00
ATM IV64.4%56.7%84.6%63.3%61.5%
Expected Move17.6%16.3%18.9%18.2%17.6%
HV 20d72.6%42.6%125.9%125.9%44.6%
HV 60d86.1%85.1%86.9%86.0%85.1%
IV Rank4.1%0.0%20.5%1.9%4.0%
IV Percentile10.4%0.0%63.1%1.2%3.6%
Term Structure10.1%-2.0%14.8%-2.0%13.4%
VWIV60.8%56.8%65.8%65.8%57.0%
Skew 25d6.7%3.7%8.4%6.0%6.4%
Skew 10d11.7%8.7%14.7%11.1%10.5%
Call IV 25d58.0%55.2%61.3%61.3%57.0%
Put IV 25d64.6%60.3%68.7%67.3%63.4%
Bid-Ask Spread %66.5317.4279.1262.0472.07
Gamma HHI0.160.120.420.140.13
Net GEX373.1K156.4K805.1K431.0K199.7K
Net DEX-21.2M-35.3M-8.6M-23.7M-10.5M
Net VEX-165.7K-177.0K-152.8K-176.5K-152.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.072.471.080.13
Total Volume1,077.7141982,5332,533751
Total OI37,333.28629,28243,52540,00431,924

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$34.66$32.5063.3%18.2%125.9%1.9%65.8%6.0%-2.0%431.0K-23.7M-176.5K1.0862.04N/AN/A1,2191,31425,67814,326
2022-12-02$35.28$32.5061.6%17.7%125.9%0.4%63.7%3.7%-0.3%408.5K-26.7M-176.2K1.2670.42N/AN/A69387125,90515,140
2022-12-05$35.38$32.5067.9%17.9%123.3%5.9%60.0%6.8%8.5%422.8K-27.6M-177.0K0.2974.49N/AN/A93126726,23215,171
2022-12-06$33.65$32.5071.7%18.9%125.4%9.2%62.8%8.2%8.4%348.5K-18.4M-170.7K0.3874.15N/AN/A69726426,49215,191
2022-12-07$35.05$32.5071.2%18.4%125.7%8.8%65.7%6.6%9.6%408.7K-25.3M-173.0K0.1276.91N/AN/A6788326,40115,218
2022-12-08$35.74$32.5070.2%18.3%124.1%7.9%59.6%7.8%9.4%477.1K-29.4M-174.6K0.1274.05N/AN/A7078226,67515,275
2022-12-09$35.70$32.5069.4%17.9%120.7%7.2%63.9%7.3%11.0%487.2K-30.2M-171.4K1.0972.62N/AN/A41645226,76715,301
2022-12-12$35.01$32.5084.6%18.4%63.4%20.5%62.7%8.4%8.4%436.8K-26.0M-165.8K0.2173.34N/AN/A92919626,82415,635
2022-12-13$36.74$32.5071.6%17.0%46.2%9.2%60.4%7.9%11.2%599.7K-35.3M-166.0K0.2179.12N/AN/A88618226,98615,717
2022-12-14$36.16$32.5061.7%17.7%43.7%0.5%60.7%7.4%10.3%596.5K-32.2M-164.1K2.4774.10N/AN/A36890926,78915,769
2022-12-15$35.08$35.0061.5%17.6%45.0%0.3%60.0%6.6%10.8%406.6K-25.4M-162.5K0.0773.79N/AN/A2,24615026,84316,608
2022-12-16$35.12$35.0061.5%17.6%42.6%0.3%59.2%7.1%10.3%805.1K-26.5M-164.6K0.3172.63N/AN/A92728327,08316,442
2022-12-19$33.71$35.0063.2%18.1%45.6%1.8%61.0%6.0%9.7%198.9K-12.5M-156.7K0.6746.82N/AN/A51934818,61110,671
2022-12-20$34.81$35.0060.1%17.2%46.2%0.0%59.6%7.0%10.7%249.3K-15.8M-161.8K0.6265.40N/AN/A77047418,83210,849
2022-12-21$35.55$35.0057.9%16.6%46.5%0.0%56.8%5.0%13.3%296.1K-18.3M-167.2K1.6770.67N/AN/A28747919,38811,244
2022-12-22$34.86$35.0058.6%16.8%46.4%0.6%60.1%6.6%13.5%257.7K-15.5M-168.3K0.9564.66N/AN/A19018019,55111,654
2022-12-23$34.18$35.0056.7%16.3%45.4%0.0%58.0%5.6%13.2%222.1K-12.7M-163.4K0.4563.77N/AN/A43819519,59111,766
2022-12-27$33.53$35.0060.4%17.3%46.0%3.1%59.0%8.4%14.1%199.0K-11.0M-157.5K0.2958.91N/AN/A1544419,93711,825
2022-12-28$32.80$35.0060.2%17.3%46.7%2.9%61.2%7.1%14.6%156.4K-8.6M-153.0K0.8659.72N/AN/A63254620,00711,773
2022-12-29$33.98$35.0057.9%16.6%45.5%1.0%59.0%3.9%14.8%227.6K-12.9M-156.0K1.1617.42N/AN/A40547020,03611,872
2022-12-30$33.44$35.0061.5%17.6%44.6%4.0%57.0%6.4%13.4%199.7K-10.5M-152.8K0.1372.07N/AN/A6678420,13811,786