DOCS Options History — October 2023

In October 2023, DOCS traded between $20.37 and $22.77. ATM implied volatility averaged 62.2%, placing in the 28.4% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded above realized volatility by 31.9% (HV 20d: 30.2%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.87.

Notable Days

  • 2023-10-23: Highest Volume — 1,870 contracts
  • 2023-10-11: Largest IV spike — 49.3% change
  • 2023-10-31: Highest IV Rank — 56.7%
  • 2023-10-31: Largest Expected Move — 26.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.73$20.37$22.77$21.12$20.37
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV62.2%37.7%90.8%44.3%90.8%
Expected Move18.8%11.6%26.0%12.7%26.0%
HV 20d30.2%26.6%34.0%31.6%34.0%
HV 60d62.3%61.6%63.3%63.3%62.1%
IV Rank28.4%4.2%56.7%10.8%56.7%
IV Percentile55.6%5.6%94.0%21.4%94.0%
Term Structure-9.4%-23.0%16.3%13.5%-22.9%
VWIV65.4%40.7%89.3%42.7%89.3%
Skew 25d6.2%2.9%8.8%3.1%7.0%
Skew 10d8.9%-0.9%17.4%3.9%13.0%
Call IV 25d62.6%39.0%87.1%39.9%87.1%
Put IV 25d68.8%43.0%94.0%43.0%94.0%
Bid-Ask Spread %33.137.5952.8637.8616.69
Gamma HHI0.180.170.210.180.18
Net GEX-11.5K-64.2K85.8K-64.2K-25.7K
Net DEX9.5M5.8M12.2M11.8M12.2M
Net VEX-123.8K-130.2K-111.5K-122.5K-111.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.135.060.540.34
Total Volume575.682991,870177624
Total OI39,083.81837,53240,24738,64939,785

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$21.12$22.5044.3%12.7%31.6%10.8%42.7%3.1%13.5%-64.2K11.8M-122.5K0.5437.86N/AN/A1156221,79516,854
2023-10-03$21.32$22.5045.6%13.1%32.1%12.1%45.8%8.6%11.4%-47.3K10.7M-126.8K0.317.59N/AN/A1625121,86416,852
2023-10-04$21.29$22.5040.5%11.6%32.2%7.0%40.7%8.3%16.3%-52.8K11.2M-122.7K0.7137.73N/AN/A584121,98216,872
2023-10-05$21.43$22.5039.6%16.3%32.0%6.1%56.8%6.3%-7.1%-50.2K11.2M-123.0K2.0522.46N/AN/A449022,03416,916
2023-10-06$21.96$22.5037.7%16.3%29.4%4.2%62.6%6.6%-8.0%-29.5K9.2M-129.2K0.5936.71N/AN/A25915322,04316,979
2023-10-09$21.91$22.5041.3%17.0%28.8%7.8%60.1%7.1%-9.4%-27.3K9.2M-126.4K0.2746.25N/AN/A862322,19216,957
2023-10-10$22.48$22.5039.5%16.8%28.1%6.0%58.4%5.7%-9.3%-5637.5M-128.7K0.2426.33N/AN/A2866922,22016,957
2023-10-11$22.29$22.5058.9%16.9%26.6%25.2%58.6%6.5%-10.3%-3.8K8.1M-127.8K1.3741.33N/AN/A9412922,34816,941
2023-10-12$21.63$22.5060.1%17.2%28.9%26.4%63.7%5.9%-10.8%-34.8K10.6M-121.3K5.0639.61N/AN/A5226322,39217,044
2023-10-13$21.57$22.5063.2%18.1%28.3%29.5%62.8%5.6%-12.3%-30.9K10.6M-120.5K0.2352.86N/AN/A3708422,40216,945
2023-10-16$22.31$22.5064.2%18.4%29.8%30.4%65.8%5.0%-13.6%59.8K7.9M-126.3K2.2045.19N/AN/A15834722,66917,006
2023-10-17$22.56$22.5063.9%18.3%28.6%30.1%63.2%2.9%-13.2%85.8K6.9M-130.2K0.2939.51N/AN/A2497122,74917,272
2023-10-18$22.01$22.5068.0%19.5%30.4%34.2%65.9%5.8%-16.2%54.8K9.3M-124.4K0.7720.57N/AN/A816222,82417,311
2023-10-19$21.96$22.5065.1%18.7%30.2%31.3%66.5%4.1%-9.4%63.1K9.4M-124.0K0.1327.77N/AN/A5197022,89717,350
2023-10-20$22.11$22.5067.3%19.3%29.1%33.5%67.0%6.1%-8.0%-54.5K9.8M-126.5K0.5448.38N/AN/A77241322,74717,357
2023-10-23$22.36$22.5069.9%20.1%28.7%36.1%70.3%5.6%-11.9%-31.0K8.2M-126.4K1.6944.59N/AN/A6951,17520,92416,608
2023-10-24$22.77$22.5070.9%20.3%27.4%37.1%71.4%5.4%-11.2%6.2K5.8M-129.8K0.408.76N/AN/A29411921,33416,239
2023-10-25$21.79$22.5075.8%21.7%30.6%41.9%76.7%6.3%-14.4%-13.8K8.6M-120.5K0.4240.48N/AN/A60625321,43716,269
2023-10-26$21.05$22.5084.3%24.2%32.8%50.3%83.2%7.2%-18.0%-23.3K10.3M-117.3K0.4641.24N/AN/A1,06849421,74216,280
2023-10-27$20.76$22.5086.1%24.7%32.8%52.1%82.2%8.8%-19.2%-28.2K10.7M-119.2K0.1612.19N/AN/A1,20119422,37716,535
2023-10-30$20.94$22.5090.5%25.9%32.9%56.4%84.8%8.5%-23.0%-4.6K10.2M-119.1K0.4434.73N/AN/A49421522,92916,614
2023-10-31$20.37$22.5090.8%26.0%34.0%56.7%89.3%7.0%-22.9%-25.7K12.2M-111.5K0.3416.69N/AN/A46615823,04916,736