DOCS Options History — February 2024

In February 2024, DOCS traded between $27.21 and $30.63. ATM implied volatility averaged 52.8%, placing in the 27.2% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 6.8% (HV 20d: 46.0%). Max pain ranged from $27.50 to $30.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.50.

Notable Days

  • 2024-02-09: Highest Volume — 11,508 contracts
  • 2024-02-07: Largest IV drop — 40.3% change
  • 2024-02-06: Highest IV Rank — 85.8%
  • 2024-02-08: Largest Expected Move — 19.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.60$27.21$30.63$27.57$28.27
Max Pain$29.75$27.50$30.00$30.00$27.50
ATM IV52.8%36.5%105.7%84.2%38.8%
Expected Move13.1%10.5%19.5%16.4%11.1%
HV 20d46.0%40.4%52.0%41.4%42.4%
HV 60d42.5%38.2%49.3%49.3%40.2%
IV Rank27.2%9.2%85.8%62.0%11.8%
IV Percentile46.2%19.0%98.8%92.9%29.0%
Term Structure-0.9%-8.9%8.6%-5.3%-1.2%
VWIV45.6%35.7%67.7%56.1%38.3%
Skew 25d1.9%0.6%4.7%4.7%1.8%
Skew 10d3.2%-5.4%13.8%9.1%13.8%
Call IV 25d45.2%35.3%67.4%55.6%38.1%
Put IV 25d47.0%36.1%69.9%60.4%40.0%
Bid-Ask Spread %45.5310.4569.0537.1554.50
Gamma HHI0.230.190.330.240.20
Net GEX554.6K401.5K1.3M444.6K442.2K
Net DEX-25.4M-43.7M-15.6M-22.6M-17.4M
Net VEX-209.6K-238.8K-190.5K-190.5K-202.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.042.120.161.16
Total Volume2,575.127111,5082,636376
Total OI42,30832,11353,36138,89434,711

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$27.57$30.0084.2%16.4%41.4%62.0%56.1%4.7%-5.3%444.6K-22.6M-190.5K0.1637.15N/AN/A2,27835826,20212,692
2024-02-02$27.52$30.0087.3%16.7%40.5%65.5%58.5%3.7%-5.7%508.1K-23.7M-195.8K1.2435.04N/AN/A1,3261,63827,91712,909
2024-02-05$27.21$30.0098.8%17.1%40.5%78.2%60.8%2.3%-6.9%476.6K-21.6M-200.1K2.1227.89N/AN/A12326128,88914,129
2024-02-06$27.24$30.00105.7%17.7%40.4%85.8%61.6%1.8%-5.3%474.7K-23.1M-201.7K0.1944.43N/AN/A6,9351,34828,98314,341
2024-02-07$27.44$30.0063.2%18.1%40.4%38.7%63.3%2.0%-6.4%601.0K-26.4M-231.2K0.7042.84N/AN/A46432333,07015,562
2024-02-08$28.45$30.0068.1%19.5%42.6%44.1%67.7%2.5%-8.9%669.0K-34.1M-238.8K0.3122.64N/AN/A5,4841,72733,27915,842
2024-02-09$28.45$30.0040.7%11.7%41.0%13.8%40.2%0.7%8.6%651.0K-31.3M-228.0K0.4834.27N/AN/A7,7753,73337,02816,333
2024-02-12$30.43$30.0043.0%12.3%47.7%16.3%42.7%1.5%5.5%1.3M-43.7M-225.1K0.0953.55N/AN/A3,70632236,35816,412
2024-02-13$29.04$30.0041.7%12.0%50.5%15.0%41.9%2.7%7.5%612.7K-29.7M-212.6K0.0938.72N/AN/A4,01035035,62416,434
2024-02-14$29.44$30.0038.6%11.1%50.6%11.5%38.5%1.2%8.1%667.8K-30.4M-207.7K0.6436.57N/AN/A68443634,79016,584
2024-02-15$30.13$30.0039.9%11.4%50.9%12.9%39.8%1.2%-2.0%832.6K-36.3M-216.0K0.8660.95N/AN/A37132034,99716,428
2024-02-16$30.63$30.0038.5%11.0%50.9%11.4%38.3%0.8%-0.3%464.5K-40.8M-212.6K0.2552.28N/AN/A95423435,03916,434
2024-02-20$29.27$30.0039.9%11.4%52.0%12.9%39.9%0.7%-2.6%411.1K-20.7M-207.5K0.7810.45N/AN/A76359420,56811,545
2024-02-21$29.02$30.0038.7%11.1%52.0%11.6%38.6%2.3%-1.7%422.0K-19.6M-207.8K0.0845.13N/AN/A9037221,20411,875
2024-02-22$28.94$30.0036.9%10.6%47.8%9.6%37.9%3.7%-0.2%445.1K-19.5M-206.7K0.1962.39N/AN/A63711921,49611,902
2024-02-23$28.20$30.0036.5%10.5%48.6%9.2%35.7%0.8%-0.4%401.5K-16.2M-202.6K0.1469.05N/AN/A94813221,80311,971
2024-02-26$28.09$30.0037.5%10.8%48.3%10.3%37.6%0.6%-0.3%412.3K-16.0M-202.0K0.4263.00N/AN/A1918022,13212,022
2024-02-27$28.66$30.0038.4%11.0%48.9%11.3%38.6%0.9%-0.6%457.9K-18.7M-204.1K0.1062.47N/AN/A7127322,07912,059
2024-02-28$27.95$27.5038.8%11.1%42.4%11.7%36.4%0.9%-1.0%414.9K-15.6M-199.7K0.0457.25N/AN/A7113122,41712,100
2024-02-29$28.27$27.5038.8%11.1%42.4%11.8%38.3%1.8%-1.2%442.2K-17.4M-202.2K1.1654.50N/AN/A17420222,59812,113