DOCS Options History — April 2024

In April 2024, DOCS traded between $23.37 and $26.45. ATM implied volatility averaged 54.9%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded above realized volatility by 32.0% (HV 20d: 22.9%). Max pain ranged from $25.00 to $27.50. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.55.

Notable Days

  • 2024-04-01: Highest Volume — 6,962 contracts
  • 2024-04-10: Largest IV spike — 56.3% change
  • 2024-04-30: Highest IV Rank — 52.6%
  • 2024-04-30: Largest Expected Move — 21.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.18$23.37$26.45$26.26$24.38
Max Pain$25.34$25.00$27.50$27.50$25.00
ATM IV54.9%36.7%75.7%38.5%75.7%
Expected Move16.7%10.6%21.7%11.0%21.7%
HV 20d22.9%17.5%26.3%25.1%26.3%
HV 60d35.0%31.6%36.5%36.5%31.8%
IV Rank29.6%9.4%52.6%11.4%52.6%
IV Percentile59.5%21.0%87.7%31.0%87.7%
Term Structure-9.0%-23.9%17.9%13.7%-23.9%
VWIV58.3%37.1%75.6%41.2%75.6%
Skew 25d3.0%1.0%4.2%1.9%3.9%
Skew 10d5.6%-4.9%17.3%3.9%14.7%
Call IV 25d57.1%36.2%74.9%40.4%74.9%
Put IV 25d60.1%39.5%78.8%42.3%78.8%
Bid-Ask Spread %47.0232.1868.2268.1559.64
Gamma HHI0.310.210.550.360.23
Net GEX-130.7K-1.0M228.2K-963.0K212.0K
Net DEX-2.3M-7.5M9.0M5.7M-5.3M
Net VEX-169.1K-199.5K-145.2K-199.5K-155.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.550.156.923.480.15
Total Volume929.9091256,9626,962348
Total OI37,040.22733,13845,16444,25935,275

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$26.26$27.5038.5%11.0%25.1%11.4%41.2%1.9%13.7%-963.0K5.7M-199.5K3.4868.15N/AN/A1,5535,40920,33623,923
2024-04-02$25.81$27.5038.3%11.0%24.5%11.1%37.8%2.8%16.6%-1.0M9.0M-196.8K6.9268.22N/AN/A5043,48620,69824,466
2024-04-03$25.59$27.5036.8%10.6%22.8%9.5%37.1%3.3%17.9%-780.7K7.0M-189.3K4.1052.37N/AN/A8334020,89822,037
2024-04-04$25.71$25.0038.1%15.8%22.2%11.0%53.9%3.4%-8.8%-42.6K-4.2M-178.4K0.3441.03N/AN/A1715920,89415,300
2024-04-05$25.77$25.0036.7%15.8%19.5%9.4%53.9%4.0%-9.2%-52.9K-4.1M-177.1K1.9945.06N/AN/A7414720,98615,350
2024-04-08$25.71$25.0037.4%16.4%17.5%10.2%57.5%3.3%-9.3%-82.7K-3.7M-174.5K2.9741.48N/AN/A7020820,99615,497
2024-04-09$26.34$25.0036.7%15.8%20.0%9.4%55.6%3.5%-9.4%-39.6K-7.0M-177.4K0.5240.57N/AN/A29315220,99715,572
2024-04-10$25.88$25.0057.4%16.5%20.6%32.3%56.2%4.1%-11.3%-83.6K-4.7M-175.5K1.4038.55N/AN/A527321,20415,693
2024-04-11$26.45$25.0055.6%15.9%22.4%30.3%55.8%4.2%-10.5%-41.7K-7.5M-177.3K0.5341.42N/AN/A21211221,24115,725
2024-04-12$25.95$25.0059.9%17.2%23.1%35.1%57.4%3.3%-11.5%-89.5K-4.7M-175.1K0.2649.31N/AN/A2426421,44915,785
2024-04-15$25.46$25.0061.6%17.7%23.5%37.0%60.8%4.0%-14.0%-140.5K-2.5M-169.8K1.7732.18N/AN/A7312921,62815,783
2024-04-16$25.13$25.0060.8%17.4%23.7%36.1%61.0%1.6%-13.2%-226.6K-735.7K-166.0K0.4142.68N/AN/A47819421,77215,741
2024-04-17$25.34$25.0060.4%17.3%21.7%35.7%60.3%1.0%-14.9%-260.6K-4.4M-167.1K0.3736.38N/AN/A2228222,01015,088
2024-04-18$24.95$25.0061.5%17.6%21.9%36.8%60.6%1.7%-11.0%-597.4K-1.7M-164.4K0.1836.37N/AN/A3997122,06315,126
2024-04-19$24.46$25.0062.8%18.0%22.5%38.3%62.3%1.6%-11.5%210.9K1.6M-157.7K0.8138.43N/AN/A64051822,10315,023
2024-04-22$24.74$25.0060.6%17.4%23.3%35.8%60.6%3.7%-11.4%228.2K-5.5M-156.8K0.2538.52N/AN/A89222220,77412,364
2024-04-23$24.69$25.0061.9%17.7%21.9%37.3%62.3%2.8%-12.3%223.3K-5.4M-156.9K0.3149.71N/AN/A2878821,14312,517
2024-04-24$23.95$25.0062.3%17.9%23.6%37.8%66.0%3.6%-13.5%180.4K-3.0M-152.0K3.8850.97N/AN/A18170321,36612,478
2024-04-25$23.37$25.0064.6%18.5%24.5%40.3%65.5%2.7%-13.9%130.4K-1.4M-145.2K2.3254.69N/AN/A20547621,40212,808
2024-04-26$23.81$25.0068.1%19.5%26.1%44.2%68.4%2.6%-17.9%162.1K-3.2M-152.4K0.7051.97N/AN/A1168121,43113,186
2024-04-29$24.14$25.0072.2%20.7%26.3%48.7%72.3%2.7%-19.6%192.5K-4.5M-154.3K0.5056.72N/AN/A50024921,51713,240
2024-04-30$24.38$25.0075.7%21.7%26.3%52.6%75.6%3.9%-23.9%212.0K-5.3M-155.6K0.1559.64N/AN/A3024621,84913,426