DOCS Options History — June 2023

In June 2023, DOCS traded between $31.57 and $34.20. ATM implied volatility averaged 43.1%, placing in the 3.0% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 5.4% (HV 20d: 37.8%). Max pain ranged from $32.50 to $35.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.57.

Notable Days

  • 2023-06-05: Highest Volume — 21,005 contracts
  • 2023-06-05: Largest IV spike — 29.4% change
  • 2023-06-05: Highest IV Rank — 22.6%
  • 2023-06-02: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.58$31.57$34.20$31.59$34.03
Max Pain$34.64$32.50$35.00$32.50$35.00
ATM IV43.1%34.2%65.7%47.4%34.2%
Expected Move11.5%9.8%14.6%13.6%9.8%
HV 20d37.8%33.2%44.1%35.7%33.2%
HV 60d40.6%37.7%44.6%44.0%37.7%
IV Rank3.0%0.0%22.6%2.0%0.0%
IV Percentile3.9%0.0%37.7%1.6%0.0%
Term Structure7.4%-6.2%12.2%-4.2%12.2%
VWIV40.1%35.1%50.1%45.3%35.1%
Skew 25d3.3%1.6%5.3%5.3%1.6%
Skew 10d5.6%-5.1%18.7%18.7%10.5%
Call IV 25d39.3%34.7%47.3%45.4%34.7%
Put IV 25d42.6%36.2%51.4%50.7%36.2%
Bid-Ask Spread %40.3514.4473.9541.0354.19
Gamma HHI0.210.170.340.310.22
Net GEX302.3K-390.8K916.5K560.9K661.2K
Net DEX-6.1M-23.5M2.8M-6.2M-16.2M
Net VEX-210.5K-228.1K-198.4K-198.4K-227.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.104.160.510.10
Total Volume2,456.61930721,005746466
Total OI43,066.14335,62448,51635,62443,090

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$31.59$32.5047.4%13.6%35.7%2.0%45.3%5.3%-4.2%560.9K-6.2M-198.4K0.5141.03N/AN/A49425220,83714,787
2023-06-02$32.89$32.5050.7%14.6%38.8%5.8%50.1%4.2%-6.2%634.8K-13.6M-203.6K0.2718.66N/AN/A1,53241221,07014,830
2023-06-05$34.20$32.5065.7%13.5%41.4%22.6%46.9%3.2%4.0%721.7K-23.5M-207.8K0.1268.36N/AN/A18,8122,19321,90314,700
2023-06-06$34.16$35.0054.6%12.0%41.4%10.1%42.3%4.3%5.9%916.5K-16.0M-226.7K0.3335.79N/AN/A5,1361,67726,61016,368
2023-06-07$32.83$35.0044.6%11.6%42.8%0.0%39.7%3.2%7.4%413.9K-4.4M-212.7K0.3941.25N/AN/A83632228,38917,654
2023-06-08$31.77$35.0044.4%11.2%43.9%0.0%40.9%3.8%9.0%50.5K2.8M-201.8K0.5760.77N/AN/A1,56789728,65217,835
2023-06-09$31.84$35.0042.7%11.0%43.5%0.0%38.4%3.6%9.7%42.4K2.3M-205.8K0.4524.34N/AN/A61127529,53118,065
2023-06-12$32.42$35.0049.6%11.5%44.1%7.5%40.1%3.8%7.8%136.1K-1.1M-206.3K0.2924.24N/AN/A1,33039229,81918,162
2023-06-13$32.45$35.0048.8%11.5%42.4%6.6%39.6%2.2%7.6%139.1K-1.9M-208.1K0.2638.05N/AN/A44511630,13218,265
2023-06-14$32.44$35.0039.0%11.2%42.3%0.0%38.7%3.8%8.7%44.4K-1.5M-206.3K1.0873.95N/AN/A19220730,19718,319
2023-06-15$32.34$35.0038.7%11.1%37.6%0.0%38.7%3.0%9.0%-26.6K-823.4K-204.3K1.0556.54N/AN/A15015730,18918,086
2023-06-16$32.53$35.0038.2%11.0%35.5%0.0%37.2%4.0%9.1%-390.8K-2.8M-200.9K0.2545.82N/AN/A4,3761,08530,21518,207
2023-06-20$31.64$35.0040.1%11.5%33.7%1.9%40.0%3.3%8.3%130.2K-651.3K-202.0K0.2819.62N/AN/A93526422,19616,152
2023-06-21$31.57$35.0038.5%11.0%33.7%0.3%39.1%2.9%7.7%126.7K-409.1K-200.8K0.1837.14N/AN/A1,21122122,63416,379
2023-06-22$32.10$35.0037.7%10.8%33.7%0.0%37.1%3.3%9.0%236.6K-3.4M-206.8K0.3114.44N/AN/A70421623,58916,482
2023-06-23$31.95$35.0039.6%11.4%33.7%2.0%40.2%2.1%8.8%254.4K-3.8M-209.7K0.3455.47N/AN/A1,27143724,02716,562
2023-06-26$32.03$35.0039.4%11.3%33.6%1.8%39.5%2.9%8.5%283.7K-4.9M-216.6K4.1628.20N/AN/A16066625,12716,827
2023-06-27$32.30$35.0038.8%11.1%33.2%1.1%39.7%2.6%10.3%301.3K-5.2M-218.4K0.6932.83N/AN/A24817225,18517,381
2023-06-28$33.34$35.0038.2%11.0%34.6%0.6%37.5%3.8%11.0%494.5K-11.2M-227.3K0.1755.79N/AN/A5479225,33517,480
2023-06-29$33.86$35.0035.2%10.1%34.7%0.0%36.3%2.8%12.0%616.5K-14.9M-228.1K0.2520.88N/AN/A41110225,63417,487
2023-06-30$34.03$35.0034.2%9.8%33.2%0.0%35.1%1.6%12.2%661.2K-16.2M-227.3K0.1054.19N/AN/A4234325,63417,456