DOCS Options History — August 2024

In August 2024, DOCS traded between $25.55 and $36.89. ATM implied volatility averaged 52.3%, placing in the 12.5% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded below realized volatility by 44.2% (HV 20d: 96.5%). Max pain ranged from $27.50 to $32.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 1.53.

Notable Days

  • 2024-08-09: Highest Volume — 20,779 contracts
  • 2024-08-09: Largest IV drop — 56.4% change
  • 2024-08-08: Highest IV Rank — 45.9%
  • 2024-08-02: Largest Expected Move — 26.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.41$25.55$36.89$27.26$36.47
Max Pain$30.68$27.50$32.50$27.50$32.50
ATM IV52.3%23.7%125.3%88.6%23.7%
Expected Move11.5%6.8%26.3%25.4%6.8%
HV 20d96.5%33.5%121.5%36.4%117.7%
HV 60d67.9%48.1%82.2%48.1%72.9%
IV Rank12.5%0.0%45.9%29.1%0.0%
IV Percentile36.8%0.0%98.8%93.3%0.0%
Term Structure-4.8%-34.1%1.6%-32.6%1.6%
VWIV40.8%24.3%93.0%90.4%24.3%
Skew 25d3.3%-0.3%9.5%2.3%0.7%
Skew 10d5.6%-2.5%19.7%7.8%3.7%
Call IV 25d39.4%24.6%90.7%88.1%24.6%
Put IV 25d42.7%25.3%96.1%90.4%25.3%
Bid-Ask Spread %60.7830.6184.2747.2684.27
Gamma HHI0.220.180.300.190.24
Net GEX360.2K18.9K879.5K106.3K274.4K
Net DEX-41.0M-68.5M-2.1M-10.0M-47.1M
Net VEX-168.9K-187.8K-143.6K-165.7K-180.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.530.237.130.234.29
Total Volume2,932.22753620,7791,133974
Total OI43,78436,05757,88239,80243,779

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$27.26$27.5088.6%25.4%36.4%29.1%90.4%2.3%-32.6%106.3K-10.0M-165.7K0.2347.26N/AN/A92121222,21917,583
2024-08-02$27.01$27.5091.9%26.3%33.5%30.6%93.0%5.4%-34.1%94.4K-9.5M-166.7K0.5240.70N/AN/A51927022,36417,530
2024-08-05$26.14$30.00117.7%19.1%35.2%42.4%62.4%8.7%-8.3%66.1K-5.2M-161.2K0.8446.11N/AN/A74061822,30217,334
2024-08-06$26.24$30.00120.4%18.3%35.3%43.7%60.5%9.5%-9.2%72.8K-5.4M-160.0K0.6944.39N/AN/A36925622,69817,492
2024-08-07$25.55$30.00112.7%17.5%35.1%40.1%60.6%6.5%-9.0%18.9K-2.1M-152.8K0.5245.88N/AN/A1,58482322,91117,427
2024-08-08$25.86$30.00125.3%17.6%34.8%45.9%65.6%8.9%-17.0%50.6K-4.6M-156.2K1.2545.57N/AN/A1,4571,82024,01617,749
2024-08-09$35.78$30.0054.6%11.0%121.2%13.4%40.6%4.0%-1.7%746.9K-63.2M-143.6K0.7130.61N/AN/A12,1788,60124,65118,813
2024-08-12$35.17$30.0047.3%9.6%121.5%10.1%36.0%2.4%0.2%879.5K-62.7M-165.6K0.8660.95N/AN/A3,8793,31829,11223,197
2024-08-13$35.48$30.0044.2%9.5%121.3%8.7%33.8%2.5%-0.1%680.7K-64.1M-162.4K0.4263.65N/AN/A3,0531,27329,35024,325
2024-08-14$35.28$30.0029.5%8.5%121.3%1.9%31.3%2.7%1.2%544.9K-62.4M-165.7K0.6561.24N/AN/A1,16175730,05424,801
2024-08-15$34.92$30.0028.1%8.1%119.6%1.3%28.2%2.5%0.6%536.1K-60.5M-166.8K7.1366.50N/AN/A5914,21430,48424,822
2024-08-16$35.64$30.0027.9%8.0%119.6%1.2%28.8%2.6%0.6%456.2K-68.5M-176.8K3.6565.57N/AN/A7282,65530,54627,336
2024-08-19$35.82$30.0026.6%7.6%119.6%0.6%26.0%2.8%1.3%458.7K-46.3M-170.9K3.3366.62N/AN/A23176921,93914,118
2024-08-20$36.36$30.0026.2%7.5%119.3%0.4%26.6%1.8%0.6%446.0K-49.7M-166.4K1.8164.72N/AN/A7481,35722,00814,677
2024-08-21$36.22$32.5028.9%8.3%119.1%1.6%28.6%2.0%-1.5%386.6K-48.4M-168.1K1.8370.54N/AN/A6931,26822,47715,681
2024-08-22$36.28$32.5026.8%7.7%119.2%0.7%27.7%1.7%0.5%335.5K-47.2M-178.3K0.9374.17N/AN/A1,01494422,92416,636
2024-08-23$36.50$32.5025.7%7.4%119.0%0.2%26.1%1.2%0.7%342.1K-47.9M-184.8K0.4166.83N/AN/A44118223,52817,522
2024-08-26$36.89$32.5025.8%7.4%119.0%0.2%26.3%1.8%0.7%400.5K-51.3M-174.3K0.9268.47N/AN/A27925723,74317,612
2024-08-27$36.80$32.5024.8%7.1%119.1%0.0%25.6%1.0%0.8%385.4K-50.2M-179.9K0.6568.05N/AN/A69445223,90217,896
2024-08-28$36.45$32.5027.0%7.7%118.8%1.0%27.5%2.1%0.0%302.2K-46.8M-180.0K1.6475.57N/AN/A53988324,07618,315
2024-08-29$36.85$32.5026.7%7.7%117.7%0.9%27.0%-0.3%-0.6%339.3K-49.1M-187.8K0.3679.46N/AN/A58020724,25119,048
2024-08-30$36.47$32.5023.7%6.8%117.7%0.0%24.3%0.7%1.6%274.4K-47.1M-180.7K4.2984.27N/AN/A18479024,58319,196