DOCS Options History — April 2023

In April 2023, DOCS traded between $30.94 and $36.72. ATM implied volatility averaged 57.6%, placing in the 7.9% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded above realized volatility by 10.2% (HV 20d: 47.4%). Max pain ranged from $32.50 to $32.50. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 1.28.

Notable Days

  • 2023-04-26: Highest Volume — 3,598 contracts
  • 2023-04-12: Largest IV spike — 23.1% change
  • 2023-04-26: Highest IV Rank — 18.1%
  • 2023-04-26: Largest Expected Move — 20.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.54$30.94$36.72$31.48$36.55
Max Pain$32.50$32.50$32.50$32.50$32.50
ATM IV57.6%47.6%70.6%48.9%68.8%
Expected Move17.0%13.7%20.3%14.0%19.7%
HV 20d47.4%43.7%52.2%52.2%43.7%
HV 60d58.2%56.8%59.2%57.4%57.2%
IV Rank7.9%0.1%18.1%1.1%16.7%
IV Percentile16.7%0.4%46.4%0.4%39.7%
Term Structure-0.2%-8.4%12.6%9.4%-8.4%
VWIV59.5%48.3%70.7%49.4%68.3%
Skew 25d6.3%2.3%10.7%4.4%3.8%
Skew 10d14.3%2.0%36.7%2.0%12.3%
Call IV 25d57.2%47.6%68.0%49.5%67.7%
Put IV 25d63.5%50.8%75.4%53.9%71.5%
Bid-Ask Spread %46.6220.9066.7865.7744.46
Gamma HHI0.130.100.200.170.11
Net GEX121.5K-142.1K308.3K-117.0K285.6K
Net DEX-8.9M-17.7M3.1M1.3M-14.9M
Net VEX-209.6K-232.5K-191.0K-194.8K-232.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.280.0511.650.480.17
Total Volume1,007.789623,59862533
Total OI31,38329,43034,30130,00033,247

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$31.48$32.5048.9%14.0%52.2%1.1%49.4%4.4%9.4%-117.0K1.3M-194.8K0.4865.77N/AN/A422014,60615,394
2023-04-04$31.61$32.5047.8%13.7%52.1%0.3%49.9%2.3%12.6%-121.2K1.4M-196.5K11.6538.26N/AN/A1101,28214,63115,391
2023-04-05$30.94$32.5050.2%14.4%52.0%2.1%48.3%4.5%11.9%-142.1K3.1M-191.0K0.2666.78N/AN/A1884914,65014,780
2023-04-06$32.20$32.5048.6%17.2%50.0%0.9%58.6%6.8%2.2%-70.6K-555.2K-196.6K0.5256.23N/AN/A23011914,68114,793
2023-04-10$33.24$32.5049.6%17.7%43.8%1.6%59.7%8.1%-0.3%7.7K-3.8M-196.4K0.5142.75N/AN/A30515614,77914,800
2023-04-11$35.25$32.5047.6%16.8%47.5%0.1%62.2%8.2%-0.6%166.2K-10.1M-200.5K0.5249.66N/AN/A93949014,91314,802
2023-04-12$34.13$32.5058.6%16.8%49.7%8.7%62.4%8.5%-0.4%92.2K-7.1M-203.4K0.0552.41N/AN/A1,2536315,72215,076
2023-04-13$34.72$32.5059.5%17.1%48.3%9.4%59.7%7.0%-1.5%179.1K-10.1M-209.0K0.6242.87N/AN/A55434316,58515,090
2023-04-14$34.09$32.5059.3%17.0%48.8%9.3%60.8%7.8%-2.2%83.8K-7.8M-210.0K0.4150.07N/AN/A1506216,95715,340
2023-04-17$34.69$32.5058.3%16.7%48.2%8.4%59.0%7.3%-0.7%154.9K-10.0M-206.6K0.4250.37N/AN/A1948116,99515,358
2023-04-18$35.72$32.5060.9%17.4%48.9%10.5%60.3%5.2%-3.1%263.9K-14.0M-206.1K0.4238.20N/AN/A1,84077717,05615,385
2023-04-19$36.01$32.5060.4%17.3%44.0%10.1%58.5%5.4%-2.7%308.3K-15.2M-215.2K0.1849.00N/AN/A88116117,68215,807
2023-04-20$35.81$32.5059.8%17.2%44.1%9.7%58.6%6.2%-0.5%210.0K-15.4M-216.4K0.8346.50N/AN/A23519618,40015,850
2023-04-21$36.40$32.5056.2%16.1%44.3%6.8%55.8%5.0%-0.2%176.0K-17.7M-217.8K0.1846.80N/AN/A1,75431318,45615,845
2023-04-24$36.72$32.5057.3%16.4%43.9%7.7%57.1%6.8%-0.5%260.2K-14.9M-222.4K0.1337.73N/AN/A3424515,69314,119
2023-04-25$34.78$32.5061.6%17.7%48.8%11.1%62.6%10.7%-2.0%158.2K-9.1M-215.8K6.0250.88N/AN/A12776415,80514,149
2023-04-26$35.66$32.5070.6%20.3%45.2%18.1%70.7%7.4%-7.9%169.4K-11.2M-222.3K0.7736.14N/AN/A2,0351,56315,80514,764
2023-04-27$36.19$32.5069.8%20.0%45.1%17.5%68.9%4.5%-8.2%243.7K-13.7M-229.8K0.2120.90N/AN/A79016217,12815,743
2023-04-28$36.55$32.5068.8%19.7%43.7%16.7%68.3%3.8%-8.4%285.6K-14.9M-232.5K0.1744.46N/AN/A4547917,41415,833