DOCS Options History — September 2024

In September 2024, DOCS traded between $35.86 and $43.70. ATM implied volatility averaged 29.5%, placing in the 2.6% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded below realized volatility by 9.6% (HV 20d: 39.1%). Max pain ranged from $32.50 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.84.

Notable Days

  • 2024-09-17: Highest Volume — 4,969 contracts
  • 2024-09-19: Largest IV drop — 6.6% change
  • 2024-09-09: Highest IV Rank — 3.7%
  • 2024-09-06: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.35$35.86$43.70$35.86$43.70
Max Pain$34.75$32.50$35.00$32.50$35.00
ATM IV29.5%26.4%31.8%30.5%29.5%
Expected Move8.4%7.6%9.1%8.7%8.5%
HV 20d39.1%15.9%117.0%117.0%19.0%
HV 60d72.2%71.1%73.0%73.0%71.1%
IV Rank2.6%1.2%3.7%3.1%2.7%
IV Percentile15.1%2.4%23.0%18.7%19.4%
Term Structure19.4%-0.8%25.0%-0.6%25.0%
VWIV29.8%26.7%35.3%29.9%30.9%
Skew 25d1.8%0.2%3.2%2.0%1.5%
Skew 10d3.8%-3.4%10.6%1.5%5.9%
Call IV 25d29.1%26.0%32.4%29.7%29.6%
Put IV 25d30.9%27.6%34.0%31.6%31.2%
Bid-Ask Spread %68.8658.6282.3682.3658.62
Gamma HHI0.240.180.350.240.18
Net GEX596.6K141.2K1.2M152.5K658.6K
Net DEX-64.1M-86.1M-40.4M-41.3M-83.9M
Net VEX-199.3K-212.8K-177.3K-186.5K-177.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.084.982.440.32
Total Volume1,367.153434,9691,7691,472
Total OI48,423.4544,30254,02844,30246,857

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$35.86$32.5030.5%8.7%117.0%3.1%29.9%2.0%-0.6%152.5K-41.3M-186.5K2.4482.36N/AN/A5151,25424,65819,644
2024-09-04$36.13$32.5031.4%9.0%117.0%3.5%35.3%2.3%-0.8%158.4K-42.3M-198.8K0.9677.98N/AN/A45643624,87620,743
2024-09-05$35.93$35.0031.4%8.5%116.2%3.5%29.1%2.5%18.9%141.2K-40.4M-204.3K0.7667.60N/AN/A38729525,19021,102
2024-09-06$36.10$35.0031.7%9.1%116.3%3.7%30.5%2.6%18.9%163.2K-42.3M-203.7K4.9869.04N/AN/A19396125,47421,369
2024-09-09$36.67$35.0031.8%8.7%17.4%3.7%31.3%1.7%19.4%238.3K-46.1M-205.5K1.8769.91N/AN/A32961425,51222,202
2024-09-10$36.78$35.0030.5%8.6%16.0%3.1%29.9%3.2%19.7%256.5K-46.2M-203.1K0.2173.25N/AN/A57312225,62722,645
2024-09-11$36.66$35.0029.3%8.4%15.9%2.6%32.3%2.2%19.6%233.6K-46.0M-205.3K0.5669.27N/AN/A44624825,79822,678
2024-09-12$38.09$35.0029.8%8.5%20.2%2.8%29.6%2.1%19.6%552.1K-56.6M-204.9K0.1468.62N/AN/A1,48220126,04422,668
2024-09-13$39.16$35.0031.1%8.9%21.2%3.4%31.5%0.2%20.0%851.5K-66.5M-193.7K0.1165.50N/AN/A3,28135326,61222,736
2024-09-16$39.56$35.0031.5%9.0%20.6%3.5%32.6%2.3%20.6%1.0M-71.9M-204.4K0.2471.58N/AN/A62615128,53522,926
2024-09-17$40.30$35.0030.9%8.9%21.1%3.3%31.4%1.6%21.3%1.1M-77.0M-208.4K0.0966.50N/AN/A4,53943028,63823,043
2024-09-18$40.25$35.0029.7%8.5%21.0%2.7%30.5%1.0%22.2%1.2M-78.9M-212.8K0.3367.95N/AN/A51317030,40723,199
2024-09-19$40.65$35.0027.7%7.9%20.8%1.8%27.8%2.0%22.5%1.2M-83.3M-205.7K0.2169.18N/AN/A54811730,53123,253
2024-09-20$40.99$35.0027.5%7.9%20.7%1.7%27.3%1.4%21.5%665.8K-86.1M-203.6K0.8166.14N/AN/A1,08388030,69723,331
2024-09-23$41.41$35.0026.4%7.6%20.8%1.2%26.8%0.5%23.7%681.1K-72.5M-189.7K0.0865.48N/AN/A1,68212926,19019,736
2024-09-24$41.70$35.0026.5%7.6%20.7%1.3%27.0%1.6%23.3%660.0K-73.0M-192.0K0.8565.45N/AN/A18515826,11419,836
2024-09-25$41.89$35.0027.0%7.7%20.5%1.5%26.7%2.6%23.9%656.9K-74.0M-191.7K1.1867.97N/AN/A36342726,16020,037
2024-09-26$42.41$35.0027.5%7.9%19.7%1.8%27.6%1.1%25.0%669.0K-75.5M-201.4K0.1868.17N/AN/A5289326,34020,393
2024-09-27$42.80$35.0027.9%8.0%19.6%1.9%28.2%1.2%23.8%673.2K-78.1M-193.5K0.4966.57N/AN/A74036326,22820,440
2024-09-30$43.70$35.0029.5%8.5%19.0%2.7%30.9%1.5%25.0%658.6K-83.9M-177.3K0.3258.62N/AN/A1,11635626,29820,559