DOCS Options History — May 2024

In May 2024, DOCS traded between $23.13 and $28.99. ATM implied volatility averaged 75.5%, placing in the 39.1% IV rank vs the trailing year. The 30-day expected move averaged 14.2%. IV traded above realized volatility by 31.1% (HV 20d: 44.4%). Max pain ranged from $20.00 to $27.50. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.76.

Notable Days

  • 2024-05-15: Highest Volume — 22,449 contracts
  • 2024-05-15: Largest IV drop — 67.4% change
  • 2024-05-09: Highest IV Rank — 100.0%
  • 2024-05-15: Largest Expected Move — 22.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.78$23.13$28.99$24.09$27.66
Max Pain$25.34$20.00$27.50$25.00$27.50
ATM IV75.5%25.3%243.1%76.4%28.6%
Expected Move14.2%7.3%22.7%21.9%8.2%
HV 20d44.4%22.8%69.3%26.4%69.3%
HV 60d35.4%24.0%44.7%31.8%44.6%
IV Rank39.1%0.0%100.0%53.3%1.5%
IV Percentile52.6%0.0%100.0%88.1%2.0%
Term Structure-7.9%-28.3%1.6%-25.1%0.4%
VWIV50.1%27.6%82.9%74.5%29.1%
Skew 25d3.3%-0.8%12.1%3.0%1.0%
Skew 10d5.2%-3.0%15.1%8.0%-1.5%
Call IV 25d48.6%27.6%78.5%75.2%31.1%
Put IV 25d51.9%28.2%83.5%78.2%32.1%
Bid-Ask Spread %37.8711.3956.7756.7727.65
Gamma HHI0.250.180.420.230.27
Net GEX73.9K-370.9K255.3K200.5K-62.0K
Net DEX-9.3M-35.8M7.0M-4.4M-13.0M
Net VEX-170.1K-199.3K-143.4K-154.4K-184.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.760.076.250.312.74
Total Volume4,869.4559822,449981,831
Total OI50,399.54535,53478,30635,53460,476

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$24.09$25.0076.4%21.9%26.4%53.3%74.5%3.0%-25.1%200.5K-4.4M-154.4K0.3156.77N/AN/A752322,11413,420
2024-05-02$24.29$25.0076.6%22.0%26.6%53.6%78.7%3.0%-25.6%214.3K-5.1M-154.2K0.0853.90N/AN/A4283522,16713,426
2024-05-03$24.14$25.0079.0%22.6%26.5%56.2%79.6%5.1%-28.3%219.7K-4.9M-154.0K0.0756.55N/AN/A5443922,52213,382
2024-05-06$24.48$22.5085.3%14.9%27.2%63.2%54.4%4.8%-5.2%255.3K-6.3M-155.2K1.3842.74N/AN/A24233422,95013,427
2024-05-07$24.30$22.50101.7%15.7%25.4%81.4%54.4%2.7%-6.4%249.1K-6.1M-154.7K0.2146.40N/AN/A94319923,07813,510
2024-05-08$23.95$22.50114.3%16.1%25.2%95.3%57.7%3.9%-6.7%248.7K-5.1M-152.6K0.5747.63N/AN/A41023523,51213,464
2024-05-09$23.82$20.00118.9%15.6%23.3%100.0%55.2%1.9%-6.2%244.1K-4.6M-149.9K0.4647.18N/AN/A43019823,65813,624
2024-05-10$23.37$22.50136.5%16.7%23.3%100.0%56.3%3.7%-8.0%224.6K-3.6M-148.5K4.6948.13N/AN/A4312,02023,90713,717
2024-05-13$23.13$25.00184.2%18.0%22.8%100.0%63.2%5.0%-11.1%182.0K-1.5M-143.4K1.2343.10N/AN/A2,9143,58724,15014,496
2024-05-14$23.51$25.00243.1%21.4%23.8%100.0%73.7%5.1%-16.5%196.9K-3.8M-158.0K2.6840.22N/AN/A2,8357,60526,80717,268
2024-05-15$23.81$25.0079.3%22.7%24.1%23.8%82.9%7.0%-17.5%103.8K-3.1M-177.7K6.2535.67N/AN/A3,09819,35128,56323,589
2024-05-16$23.64$25.0073.6%21.1%23.7%21.1%74.9%12.1%-17.3%-370.9K7.0M-199.3K2.5935.29N/AN/A5,24413,55928,76239,515
2024-05-17$28.16$25.0035.6%10.2%66.8%3.5%35.6%5.4%-1.4%227.8K-35.8M-171.4K2.0443.49N/AN/A6,98714,22030,82747,479
2024-05-20$28.99$27.5030.1%8.6%67.2%0.9%30.8%-0.4%-0.1%65.2K-19.1M-179.6K0.9411.39N/AN/A3,4763,25217,94038,765
2024-05-21$28.20$27.5029.2%8.4%68.3%0.4%29.2%2.0%0.7%-272.9K-12.4M-188.5K2.7130.00N/AN/A1,3433,64418,48341,221
2024-05-22$27.98$27.5027.3%7.8%67.1%0.0%27.6%2.2%0.1%-65.7K-13.3M-184.7K1.3021.09N/AN/A9061,17919,03639,414
2024-05-23$27.32$27.5027.1%7.8%67.1%0.0%27.9%2.0%1.1%-156.9K-9.4M-184.5K2.7037.22N/AN/A6221,67919,27339,530
2024-05-24$27.57$27.5025.3%7.3%67.0%0.0%28.8%0.7%1.6%-95.8K-11.7M-187.4K0.8827.27N/AN/A41736919,70040,106
2024-05-28$28.70$27.5029.4%8.4%68.0%1.9%29.4%-0.8%-0.7%55.2K-19.1M-186.4K0.2523.68N/AN/A76919319,99040,274
2024-05-29$28.46$27.5029.3%8.4%68.2%1.8%28.7%2.4%-1.1%43.5K-17.5M-187.9K0.6930.63N/AN/A14410020,38740,239
2024-05-30$27.60$27.5029.3%8.4%69.3%1.8%29.5%1.7%0.3%-81.6K-12.0M-186.1K3.8927.05N/AN/A24996920,38040,242
2024-05-31$27.66$27.5028.6%8.2%69.3%1.5%29.1%1.0%0.4%-62.0K-13.0M-184.2K2.7427.65N/AN/A4901,34120,44040,036