OPK Options History — February 2012

In February 2012, OPK traded between $4.71 and $5.28. ATM implied volatility averaged 41.4%, placing in the 9.7% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 12.6% (HV 20d: 28.8%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.72.

Notable Days

  • 2012-02-21: Highest Volume — 1,509 contracts
  • 2012-02-09: Largest IV spike — 39.2% change
  • 2012-02-27: Highest IV Rank — 15.9%
  • 2012-02-27: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.07$4.71$5.28$5.21$4.94
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV41.4%30.3%52.0%30.3%46.4%
Expected Move12.5%8.7%14.9%8.7%13.3%
HV 20d28.8%22.3%33.7%33.7%30.3%
HV 60d33.4%30.1%36.7%36.7%30.1%
IV Rank9.7%3.1%15.9%3.1%12.6%
IV Percentile18.1%0.8%41.7%0.8%31.3%
Term Structure0.7%-5.6%8.0%8.0%-3.1%
VWIV45.9%39.3%58.9%39.3%46.4%
Skew 25d-2.6%-22.2%13.4%-22.2%13.4%
Skew 10d1.2%-15.9%20.8%-10.9%20.8%
Call IV 25d47.6%38.8%54.4%48.0%46.6%
Put IV 25d45.1%25.8%60.5%25.8%60.0%
Bid-Ask Spread %75.5265.7699.6299.6280.05
Gamma HHI0.510.390.710.600.39
Net GEX24.0K-4.6K109.9K25.5K1.8K
Net DEX-930.1K-1.8M465.6K-1.5M-118.8K
Net VEX-14.9K-16.0K-13.4K-16.0K-14.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.002.222.180.05
Total Volume390.75481,5092611,070
Total OI19,466.1517,97320,10119,10520,101

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-02-01$5.21$5.0030.3%8.7%33.7%3.1%39.3%-22.2%8.0%25.5K-1.5M-16.0K2.1899.62N/AN/A8217911,2047,901
2012-02-02$5.22$5.0033.5%9.6%32.3%5.1%58.9%-7.6%5.1%26.7K-1.5M-15.8K0.4382.18N/AN/A924011,2017,901
2012-02-03$5.28$5.0036.5%13.0%30.8%6.8%45.5%-2.3%-0.3%25.7K-1.7M-15.9K0.0976.32N/AN/A2222011,2367,921
2012-02-06$5.23$5.0033.9%12.0%31.1%5.3%41.7%-1.6%5.3%26.6K-1.6M-15.5K0.0079.89N/AN/A337011,2087,929
2012-02-07$5.28$5.0034.6%14.3%31.1%5.7%50.2%-5.4%-4.0%26.9K-1.7M-15.8K0.8065.76N/AN/A695511,4817,929
2012-02-08$5.23$5.0030.3%12.6%31.0%3.2%45.0%0.6%4.4%30.4K-1.8M-15.4K2.2280.25N/AN/A276011,4817,954
2012-02-09$5.17$5.0042.2%12.1%30.9%10.1%42.2%0.8%2.2%28.4K-1.5M-15.3K0.7376.98N/AN/A15911611,4867,974
2012-02-10$5.14$5.0040.5%11.6%30.9%9.1%40.6%-2.2%7.3%36.0K-1.3M-15.2K1.6278.64N/AN/A7712511,5658,059
2012-02-13$5.12$5.0044.1%12.6%31.0%11.2%44.3%-0.8%3.3%39.7K-1.3M-15.1K0.2779.96N/AN/A1484011,5908,154
2012-02-14$5.21$5.0041.8%12.0%27.6%9.9%50.2%-7.8%1.8%27.1K-1.6M-14.7K0.2567.43N/AN/A1804511,6458,194
2012-02-15$5.14$5.0045.5%13.0%23.5%12.0%45.5%-6.4%-0.4%38.9K-1.4M-14.8K1.3970.74N/AN/A547511,7288,177
2012-02-16$5.11$5.0042.7%12.3%22.3%10.4%42.8%-10.9%1.9%46.7K-1.2M-14.4K0.1267.16N/AN/A2433011,7498,162
2012-02-17$5.03$5.0046.0%13.2%22.3%12.4%46.0%-8.8%0.9%109.9K-1.0M-14.5K1.5170.74N/AN/A21232011,7588,189
2012-02-21$4.83$5.0044.8%12.9%25.8%11.7%44.8%0.7%0.2%2.8K-83.6K-13.4K1.3070.71N/AN/A65585410,3417,632
2012-02-22$4.71$5.0047.5%13.6%26.2%13.3%47.3%-2.8%-5.5%-4.6K465.6K-13.5K0.2471.41N/AN/A64215610,7368,394
2012-02-23$4.90$5.0044.6%12.8%26.8%11.6%44.6%1.6%-2.2%-2.7K101.5K-14.4K0.8366.69N/AN/A36130010,6758,506
2012-02-24$4.79$5.0045.6%13.1%27.6%12.1%45.7%-7.0%-1.5%-2.4K448.0K-14.2K0.0078.82N/AN/A48010,8758,754
2012-02-27$4.95$5.0052.0%14.9%30.5%15.9%52.3%12.6%-5.6%-1.0K-15.6K-14.7K0.2876.99N/AN/A2376710,8998,754
2012-02-28$5.00$5.0045.2%12.9%30.6%11.9%45.2%4.9%-4.0%-2.3K-159.2K-14.8K0.0670.13N/AN/A3932511,0698,811
2012-02-29$4.94$5.0046.4%13.3%30.3%12.6%46.4%13.4%-3.1%1.8K-118.8K-14.8K0.0580.05N/AN/A1,0205011,2698,832