DOCS Options History — October 2025

In October 2025, DOCS traded between $65.73 and $73.54. ATM implied volatility averaged 55.9%, placing in the 13.5% IV rank vs the trailing year. The 30-day expected move averaged 18.5%. IV traded above realized volatility by 19.2% (HV 20d: 36.7%). Max pain ranged from $60.00 to $67.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.60.

Notable Days

2025-10-10: Highest Volume — 2,541 contracts
2025-10-15: Largest IV spike — 67.2% change
2025-10-31: Highest IV Rank — 26.3%
2025-10-31: Largest Expected Move — 23.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$68.71	$65.73	$73.54	$70.63	$66.10
Max Pain	$62.61	$60.00	$67.50	$67.50	$62.50
ATM IV	55.9%	31.8%	81.7%	32.6%	81.7%
Expected Move	18.5%	9.1%	23.4%	9.3%	23.4%
HV 20d	36.7%	24.4%	43.0%	24.4%	39.9%
HV 60d	40.9%	37.5%	42.4%	38.8%	42.1%
IV Rank	13.5%	1.7%	26.3%	2.3%	26.3%
IV Percentile	47.2%	6.3%	77.0%	8.7%	77.0%
Term Structure	-9.7%	-21.3%	29.0%	27.9%	-21.3%
VWIV	64.6%	31.8%	83.4%	32.6%	83.4%
Skew 25d	2.6%	-1.9%	5.9%	0.5%	0.1%
Skew 10d	8.3%	-0.7%	23.4%	-0.7%	11.4%
Call IV 25d	63.9%	31.3%	83.1%	32.3%	83.1%
Put IV 25d	66.5%	32.7%	83.3%	32.7%	83.3%
Bid-Ask Spread %	58.62	43.06	68.03	52.61	66.73
Gamma HHI	0.13	0.08	0.65	0.09	0.08
Net GEX	739.2K	142.1K	3.9M	611.3K	165.6K
Net DEX	-40.1M	-67.3M	-26.4M	-48.9M	-27.1M
Net VEX	-383.0K	-402.6K	-361.1K	-387.5K	-361.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.60	0.07	1.53	1.17	0.58
Total Volume	656.957	79	2,541	1,243	79
Total OI	43,590.261	41,425	46,195	41,425	43,695

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-10-01	$70.63	$67.50	32.6%	9.3%	24.4%	2.3%	32.6%	0.5%	27.9%	611.3K	-48.9M	-387.5K	1.17	52.61	N/A	N/A	574	669	20,003	21,422
2025-10-02	$72.19	$67.50	31.8%	9.1%	24.4%	1.7%	31.8%	2.1%	29.0%	772.9K	-56.4M	-390.5K	0.20	50.91	N/A	N/A	1,092	223	20,166	21,514
2025-10-03	$73.17	$67.50	32.4%	9.3%	24.5%	2.0%	32.5%	1.8%	28.9%	977.6K	-63.9M	-390.5K	0.15	45.21	N/A	N/A	678	99	20,729	21,571
2025-10-06	$72.77	$60.00	34.8%	18.1%	24.6%	3.2%	62.8%	2.8%	-14.1%	1.1M	-63.1M	-386.2K	0.32	43.06	N/A	N/A	327	104	21,126	21,582
2025-10-07	$71.33	$60.00	34.2%	18.4%	25.8%	2.9%	64.3%	3.0%	-15.3%	1.0M	-54.2M	-386.6K	1.43	47.95	N/A	N/A	221	317	21,188	21,626
2025-10-08	$73.54	$60.00	34.1%	18.5%	27.5%	2.8%	64.0%	2.5%	-15.5%	1.3M	-67.3M	-390.1K	0.77	47.49	N/A	N/A	207	159	21,280	21,868
2025-10-09	$72.38	$60.00	33.2%	18.7%	27.5%	2.0%	65.1%	3.2%	-16.1%	1.2M	-61.0M	-387.2K	1.00	47.80	N/A	N/A	994	999	21,365	21,837
2025-10-10	$66.33	$60.00	37.4%	19.4%	41.6%	4.1%	68.4%	1.7%	-17.1%	328.9K	-27.3M	-396.7K	0.85	56.39	N/A	N/A	1,372	1,169	22,153	22,681
2025-10-13	$67.67	$62.50	41.5%	19.4%	41.6%	6.2%	67.0%	4.6%	-14.0%	854.8K	-35.6M	-402.6K	0.38	59.88	N/A	N/A	307	116	23,003	23,129
2025-10-14	$67.23	$62.50	41.6%	19.0%	41.6%	6.2%	65.8%	2.3%	-14.5%	788.8K	-32.0M	-400.6K	0.73	61.80	N/A	N/A	354	259	22,999	23,094
2025-10-15	$68.15	$62.50	69.6%	19.9%	41.9%	20.2%	69.1%	4.7%	-17.1%	1.1M	-37.6M	-396.2K	0.13	61.26	N/A	N/A	245	32	23,198	22,972
2025-10-16	$67.28	$62.50	68.9%	19.8%	41.3%	19.9%	69.1%	-1.9%	-11.7%	1.1M	-31.8M	-393.5K	0.07	61.05	N/A	N/A	162	12	23,219	22,976
2025-10-17	$67.37	$62.50	69.7%	20.0%	41.4%	20.3%	68.1%	3.9%	-14.3%	3.9M	-32.4M	-383.9K	0.15	62.28	N/A	N/A	468	69	23,272	22,894
2025-10-20	$68.63	$62.50	67.6%	19.4%	42.0%	19.3%	67.5%	4.8%	-13.3%	203.4K	-35.0M	-381.1K	0.44	64.02	N/A	N/A	429	189	19,709	22,212
2025-10-21	$68.00	$62.50	66.2%	19.0%	41.7%	18.6%	67.3%	2.8%	-12.3%	215.5K	-33.5M	-386.2K	1.03	62.09	N/A	N/A	88	91	20,077	22,299
2025-10-22	$66.64	$62.50	66.8%	19.1%	41.6%	18.8%	67.9%	5.9%	-13.2%	142.1K	-26.4M	-369.6K	0.40	66.19	N/A	N/A	367	147	20,138	22,293
2025-10-23	$66.10	$62.50	67.4%	19.3%	41.5%	19.2%	66.9%	3.4%	-14.3%	146.5K	-26.8M	-372.3K	0.22	67.68	N/A	N/A	101	22	20,393	22,309
2025-10-24	$67.15	$62.50	66.2%	19.0%	42.2%	18.5%	59.6%	2.4%	-13.1%	222.6K	-32.2M	-362.6K	0.85	63.17	N/A	N/A	306	261	20,360	22,322
2025-10-27	$68.62	$62.50	73.3%	21.0%	43.0%	22.1%	74.9%	3.2%	-13.9%	288.7K	-39.6M	-373.7K	0.57	64.61	N/A	N/A	855	487	20,586	22,420
2025-10-28	$66.88	$62.50	76.7%	22.0%	42.8%	23.8%	75.9%	1.7%	-18.6%	215.0K	-31.0M	-373.8K	0.53	62.25	N/A	N/A	130	69	21,102	22,479
2025-10-29	$66.41	$62.50	78.9%	22.6%	41.2%	24.9%	79.7%	2.5%	-19.2%	214.4K	-30.2M	-368.0K	0.37	68.03	N/A	N/A	83	31	21,139	22,517
2025-10-30	$65.73	$62.50	79.6%	22.8%	40.2%	25.3%	81.2%	1.6%	-19.5%	171.1K	-27.8M	-367.9K	1.53	65.74	N/A	N/A	58	89	21,140	22,519
2025-10-31	$66.10	$62.50	81.7%	23.4%	39.9%	26.3%	83.4%	0.1%	-21.3%	165.6K	-27.1M	-361.1K	0.58	66.73	N/A	N/A	50	29	21,140	22,555