DOCS Options History — June 2025

In June 2025, DOCS traded between $51.64 and $61.38. ATM implied volatility averaged 39.4%, placing in the 7.7% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded below realized volatility by 2.0% (HV 20d: 41.4%). Max pain ranged from $52.50 to $55.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.56.

Notable Days

  • 2025-06-17: Highest Volume — 4,707 contracts
  • 2025-06-06: Largest IV drop — 10.0% change
  • 2025-06-23: Highest IV Rank — 9.1%
  • 2025-06-23: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.55$51.64$61.38$51.64$61.38
Max Pain$54.25$52.50$55.00$52.50$55.00
ATM IV39.4%36.7%42.4%39.8%37.9%
Expected Move11.3%10.5%12.2%11.4%10.9%
HV 20d41.4%30.7%52.8%48.9%30.7%
HV 60d53.9%51.0%56.3%56.0%51.0%
IV Rank7.7%6.4%9.1%7.8%7.0%
IV Percentile34.2%22.2%43.3%38.1%25.4%
Term Structure21.1%-0.6%29.5%-0.6%29.5%
VWIV39.5%38.0%42.0%40.2%38.6%
Skew 25d2.3%0.3%4.3%2.3%0.3%
Skew 10d5.8%1.1%14.3%6.1%2.7%
Call IV 25d38.5%36.9%41.9%39.5%38.8%
Put IV 25d40.8%38.5%43.3%41.9%39.1%
Bid-Ask Spread %65.0952.5371.0154.7069.81
Gamma HHI0.160.120.390.120.15
Net GEX1.2M125.0K2.4M125.0K1.2M
Net DEX-34.5M-49.8M-2.3M-2.3M-45.1M
Net VEX-422.5K-437.8K-391.5K-391.5K-428.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.111.440.270.76
Total Volume1,406.955434,7071,653707
Total OI49,622.3541,16356,71450,92142,870

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$51.64$52.5039.8%11.4%48.9%7.8%40.2%2.3%-0.6%125.0K-2.3M-391.5K0.2754.70N/AN/A1,30235128,84722,074
2025-06-03$53.30$52.5038.9%11.2%50.5%7.4%39.1%3.2%-0.1%418.0K-12.4M-401.9K0.4152.53N/AN/A1,02942728,49122,125
2025-06-04$54.55$52.5038.6%11.1%49.7%7.3%40.0%4.3%-0.3%707.8K-20.0M-414.3K0.6855.27N/AN/A97466528,79722,177
2025-06-05$57.08$52.5040.8%11.8%51.8%8.4%41.0%3.2%21.3%1.2M-38.7M-429.5K0.2961.31N/AN/A2,61376428,75422,583
2025-06-06$58.91$52.5036.8%11.0%52.8%6.4%39.4%2.8%23.2%1.5M-49.8M-437.8K0.4762.16N/AN/A1,32461828,69622,624
2025-06-09$58.25$52.5039.6%11.1%52.8%7.8%38.3%2.6%23.9%1.5M-46.3M-426.3K1.0266.28N/AN/A82683928,79422,959
2025-06-10$58.44$55.0038.8%11.0%51.5%7.4%38.6%2.3%24.0%1.5M-45.7M-430.0K0.6965.21N/AN/A48933928,97023,438
2025-06-11$57.88$55.0038.6%11.1%51.5%7.3%38.4%2.6%23.6%1.4M-41.7M-426.7K0.7365.84N/AN/A40929729,06923,590
2025-06-12$56.91$55.0037.9%10.9%51.7%6.9%38.4%3.5%24.7%1.2M-33.0M-425.5K0.3266.07N/AN/A96230829,06323,755
2025-06-13$55.81$55.0040.0%11.5%52.0%8.0%39.3%3.2%23.9%938.3K-25.9M-419.9K1.4465.28N/AN/A31445229,42223,831
2025-06-16$55.95$55.0039.3%11.3%31.1%7.6%38.0%2.4%25.0%1.0M-25.2M-414.5K0.7065.50N/AN/A31922429,49924,620
2025-06-17$58.24$55.0041.7%12.0%33.7%8.8%42.0%0.7%23.7%1.4M-43.3M-435.0K0.1167.76N/AN/A4,23946829,50824,752
2025-06-18$57.33$55.0040.5%11.6%34.3%8.2%40.9%1.8%24.1%2.0M-39.4M-427.6K0.3366.98N/AN/A73024231,58524,929
2025-06-20$57.18$55.0041.8%12.0%30.8%8.8%41.6%0.5%23.8%2.4M-37.5M-418.8K0.6968.73N/AN/A81555931,65225,062
2025-06-23$58.05$55.0042.4%12.2%30.9%9.1%41.3%3.0%24.3%739.8K-28.1M-419.1K0.1370.51N/AN/A6808921,14520,018
2025-06-24$58.68$55.0038.5%11.0%30.7%7.2%38.9%0.6%26.6%901.1K-31.6M-421.0K0.7066.28N/AN/A91563621,45420,061
2025-06-25$60.13$55.0039.8%11.4%31.2%7.8%39.4%2.4%25.8%976.7K-39.4M-427.6K0.4370.40N/AN/A56124121,61820,396
2025-06-26$60.44$55.0039.3%11.3%30.9%7.6%38.9%2.6%26.3%1.0M-41.0M-426.4K0.4170.08N/AN/A57123621,86220,559
2025-06-27$60.87$55.0036.7%10.5%30.7%6.4%38.0%1.6%28.8%1.2M-42.9M-427.6K0.5871.01N/AN/A38322222,10620,692
2025-06-30$61.38$55.0037.9%10.9%30.7%7.0%38.6%0.3%29.5%1.2M-45.1M-428.7K0.7669.81N/AN/A40230522,13620,734