DOCS Options History — July 2024

In July 2024, DOCS traded between $26.46 and $29.20. ATM implied volatility averaged 59.7%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded above realized volatility by 25.9% (HV 20d: 33.8%). Max pain ranged from $27.50 to $27.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.06.

Notable Days

  • 2024-07-12: Highest Volume — 1,913 contracts
  • 2024-07-10: Largest IV spike — 81.8% change
  • 2024-07-31: Highest IV Rank — 28.2%
  • 2024-07-31: Largest Expected Move — 24.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.86$26.46$29.20$27.61$28.12
Max Pain$27.50$27.50$27.50$27.50$27.50
ATM IV59.7%27.6%86.6%29.0%86.6%
Expected Move18.1%7.9%24.8%8.3%24.8%
HV 20d33.8%29.4%37.0%29.4%35.4%
HV 60d47.0%45.7%48.3%45.7%47.6%
IV Rank15.8%1.0%28.2%1.7%28.2%
IV Percentile61.9%4.0%92.5%7.1%92.5%
Term Structure-12.3%-32.0%24.4%22.7%-32.0%
VWIV63.2%27.6%86.5%28.9%86.5%
Skew 25d4.1%-0.7%6.8%2.1%3.9%
Skew 10d8.4%-2.7%15.8%4.2%7.2%
Call IV 25d61.4%27.3%83.1%29.0%83.1%
Put IV 25d65.5%29.1%87.0%31.1%87.0%
Bid-Ask Spread %42.5336.6749.7036.6740.98
Gamma HHI0.180.150.330.190.19
Net GEX240.1K132.7K505.6K326.2K132.7K
Net DEX-13.9M-21.3M-8.2M-12.8M-13.4M
Net VEX-167.7K-174.5K-155.8K-168.1K-171.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.060.135.311.330.18
Total Volume919.5831,9131,084987
Total OI37,22433,98340,79434,24939,022

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$27.61$27.5029.0%8.3%29.4%1.7%28.9%2.1%22.7%326.2K-12.8M-168.1K1.3336.67N/AN/A46561920,15014,099
2024-07-02$27.04$27.5028.3%8.1%30.3%1.4%29.7%-0.7%23.5%280.1K-10.7M-161.7K0.6141.63N/AN/A26916320,08413,967
2024-07-03$26.46$27.5027.6%7.9%31.2%1.0%27.6%1.9%24.4%228.4K-8.2M-156.8K0.8746.54N/AN/A16614520,04313,971
2024-07-05$27.55$27.5030.8%15.5%32.5%2.5%52.7%3.5%-8.5%316.1K-13.0M-161.3K0.1340.05N/AN/A7409720,02413,959
2024-07-08$27.24$27.5031.9%16.6%31.6%3.0%57.7%3.2%-11.0%325.8K-12.5M-157.4K1.3347.40N/AN/A27636820,37113,975
2024-07-09$27.30$27.5032.9%16.4%31.1%3.5%57.2%3.5%-10.4%306.1K-12.4M-158.1K0.4149.70N/AN/A43417820,45114,122
2024-07-10$26.54$27.5059.8%17.1%32.1%15.8%59.8%3.1%-11.8%218.9K-8.6M-155.8K1.3145.32N/AN/A66586820,39814,230
2024-07-11$27.00$27.5061.5%17.6%32.4%16.6%63.2%3.1%-13.5%215.6K-10.4M-161.0K4.4745.97N/AN/A2871,28420,98414,886
2024-07-12$27.51$27.5060.5%17.3%33.4%16.2%63.8%5.4%-13.3%184.8K-11.9M-164.1K5.3147.14N/AN/A3031,61021,11416,225
2024-07-15$28.41$27.5065.0%18.6%35.7%18.2%62.8%6.2%-14.7%263.9K-16.4M-169.5K0.2945.61N/AN/A43112621,34017,538
2024-07-16$29.20$27.5062.7%18.0%37.0%17.2%64.0%6.2%-14.7%505.6K-21.3M-171.3K0.2440.71N/AN/A3077421,68517,724
2024-07-17$29.06$27.5064.5%18.5%31.4%18.0%64.5%6.0%-15.0%402.5K-20.2M-173.5K0.1441.10N/AN/A84912121,86717,758
2024-07-18$27.66$27.5067.7%19.4%35.0%19.4%68.2%6.8%-16.8%192.4K-13.0M-172.2K0.4640.56N/AN/A1,07749622,42017,871
2024-07-19$28.30$27.5067.9%19.5%35.2%19.5%67.1%4.7%-16.8%176.7K-17.5M-173.3K0.3139.92N/AN/A1,04432022,66718,127
2024-07-22$28.56$27.5069.2%19.8%35.2%20.2%67.8%4.6%-17.9%210.1K-16.8M-173.6K0.3737.30N/AN/A79129220,99316,045
2024-07-23$28.28$27.5070.0%20.1%35.4%20.5%71.2%5.0%-19.6%211.3K-15.4M-173.3K2.0043.92N/AN/A46793321,41416,195
2024-07-24$27.89$27.5074.2%21.3%35.6%22.4%74.0%6.1%-21.1%152.9K-13.1M-173.4K0.2138.77N/AN/A1,01221721,50817,006
2024-07-25$28.25$27.5076.9%22.0%35.7%23.7%76.3%3.6%-23.3%159.7K-14.9M-174.5K0.1738.38N/AN/A2884921,38817,211
2024-07-26$28.07$27.5077.6%22.2%35.6%24.0%78.5%5.8%-24.0%143.6K-13.2M-172.0K0.4043.26N/AN/A37414821,21417,222
2024-07-29$28.34$27.5083.0%23.8%35.6%26.5%84.3%2.1%-28.8%157.1K-14.9M-173.3K2.6841.77N/AN/A21958721,39317,281
2024-07-30$28.63$27.5085.7%24.6%35.7%27.7%85.6%4.0%-28.8%172.0K-16.4M-173.2K0.1442.96N/AN/A731021,47317,513
2024-07-31$28.12$27.5086.6%24.8%35.4%28.2%86.5%3.9%-32.0%132.7K-13.4M-171.3K0.1840.98N/AN/A83615121,50617,516