OPK Options History — August 2011

In August 2011, OPK traded between $3.54 and $4.44. ATM implied volatility averaged 66.1%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 17.3%. IV traded below realized volatility by 0.7% (HV 20d: 66.7%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 2.48.

Notable Days

  • 2011-08-01: Highest Volume — 5,462 contracts
  • 2011-08-08: Largest IV spike — 123.8% change
  • 2011-08-08: Highest IV Rank — 66.6%
  • 2011-08-08: Largest Expected Move — 28.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.92$3.54$4.44$4.44$4.18
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV66.1%38.8%142.9%44.8%45.3%
Expected Move17.3%11.1%28.2%12.8%13.0%
HV 20d66.7%38.9%77.7%38.9%74.9%
HV 60d48.1%34.8%53.8%34.8%52.9%
IV Rank18.0%0.8%66.6%4.6%4.9%
IV Percentile29.9%0.7%97.9%3.7%5.1%
Term Structure3.9%-44.4%25.2%18.4%3.9%
VWIV59.6%42.4%70.2%67.8%65.2%
Bid-Ask Spread %50.4613.8096.7223.9613.80
Gamma HHI0.980.961.001.000.99
Net GEX67.3K17.3K141.5K121.2K75.2K
Net DEX-1.1M-2.3M-336.0K-1.6M-965.9K
Net VEX-7.9K-13.4K-4.5K-9.4K-6.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.480.0020.600.000.00
Total Volume293.95705,4625,46220
Total OI23,588.17418,72023,95718,72023,788

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-08-01$4.44$5.0044.8%12.8%38.9%4.6%0.0%0.0%18.4%121.2K-1.6M-9.4K0.0023.96N/AN/A5,462017,2471,473
2011-08-02$4.25$5.0038.8%11.1%42.8%0.8%0.0%0.0%15.1%141.5K-2.3M-13.4K0.0026.02N/AN/A50022,1731,473
2011-08-03$4.24$5.0051.6%14.8%41.9%8.9%67.8%0.0%21.3%118.7K-2.1M-12.9K0.1625.15N/AN/A1282022,1631,473
2011-08-04$3.88$5.0053.8%15.4%51.7%10.3%0.0%0.0%15.0%96.9K-1.9M-11.5K4.5519.24N/AN/A115022,2711,473
2011-08-05$3.93$5.0063.9%17.3%51.1%16.6%0.0%0.0%-8.5%93.3K-1.8M-11.5K0.3371.96N/AN/A12422,2621,523
2011-08-08$3.54$5.00142.9%28.2%62.8%66.6%66.3%0.0%5.7%55.7K-1.3M-9.5K3.2068.64N/AN/A6420522,2641,523
2011-08-09$3.80$5.0099.6%21.1%68.5%39.2%0.0%0.0%-13.5%17.3K-336.0K-4.5K0.6095.83N/AN/A5322,3191,550
2011-08-10$3.62$5.00134.4%23.1%68.9%61.2%55.4%0.0%-2.5%56.9K-933.5K-7.8K0.0065.49N/AN/A76022,3241,550
2011-08-11$3.83$5.0047.7%13.7%70.1%6.4%42.4%0.0%23.5%72.3K-1.1M-8.9K0.0066.19N/AN/A168022,3141,514
2011-08-12$3.88$5.0049.8%14.3%70.5%7.8%0.0%0.0%21.4%71.7K-980.4K-8.3K0.0096.72N/AN/A6022,3801,514
2011-08-15$3.97$5.0045.3%13.0%71.0%4.9%50.0%0.0%20.1%67.9K-794.4K-7.0K0.2562.68N/AN/A401022,3801,514
2011-08-16$3.87$5.0049.3%14.1%71.2%7.4%0.0%0.0%19.7%58.1K-748.9K-6.9K0.0062.87N/AN/A20022,3931,514
2011-08-17$3.90$5.0051.0%14.6%71.3%8.5%0.0%0.0%20.0%63.9K-803.1K-7.2K0.0090.40N/AN/A0122,4131,514
2011-08-18$3.64$5.0094.1%27.0%74.8%35.7%0.0%0.0%-22.7%61.2K-1.0M-7.8K0.0090.68N/AN/A32022,4131,514
2011-08-19$3.63$5.0091.5%26.2%73.5%34.1%0.0%0.0%-21.7%59.0K-912.5K-7.4K0.0068.31N/AN/A0022,4431,514
2011-08-22$3.62$5.0080.2%23.0%73.3%26.9%70.2%0.0%-7.4%51.5K-752.7K-6.7K20.6062.76N/AN/A510322,3381,430
2011-08-23$3.88$5.0054.9%15.7%77.7%11.0%0.0%0.0%2.3%18.5K-411.5K-4.7K20.0063.85N/AN/A510022,3331,433
2011-08-24$3.89$5.0052.7%15.1%76.7%9.6%0.0%0.0%1.9%19.7K-405.5K-4.7K0.0016.99N/AN/A0022,3381,404
2011-08-25$3.91$5.0054.6%15.6%76.1%10.8%65.2%0.0%1.5%20.0K-391.7K-4.7K0.0014.43N/AN/A140022,3381,404
2011-08-26$4.02$5.0066.6%19.1%75.8%18.4%0.0%0.0%-44.4%20.7K-481.8K-4.9K0.0017.47N/AN/A5022,3731,404
2011-08-29$4.14$5.0057.9%16.6%76.3%12.8%0.0%0.0%-5.0%96.1K-1.2M-7.8K0.0019.88N/AN/A1022,3731,404
2011-08-30$4.19$5.0048.4%13.9%74.9%6.9%0.0%0.0%25.2%89.5K-1.1M-7.2K0.0017.39N/AN/A15022,3691,404
2011-08-31$4.18$5.0045.3%13.0%74.9%4.9%0.0%0.0%3.9%75.2K-965.9K-6.6K0.0013.80N/AN/A20022,3841,404