OPK Options History — March 2012

In March 2012, OPK traded between $4.69 and $5.06. ATM implied volatility averaged 45.2%, placing in the 11.9% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 16.9% (HV 20d: 28.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 1.15.

Notable Days

  • 2012-03-20: Highest Volume — 1,996 contracts
  • 2012-03-06: Largest IV spike — 33.8% change
  • 2012-03-02: Highest IV Rank — 17.2%
  • 2012-03-02: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.85$4.69$5.06$4.85$4.73
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV45.2%39.0%54.2%48.5%45.2%
Expected Move13.1%11.2%15.5%13.9%13.0%
HV 20d28.3%19.8%33.7%30.7%20.0%
HV 60d29.3%28.3%30.3%30.3%28.3%
IV Rank11.9%8.2%17.2%13.8%11.9%
IV Percentile27.0%9.5%48.0%35.7%31.3%
Term Structure-0.1%-8.3%7.7%-5.1%-2.5%
VWIV46.2%39.0%54.2%48.6%45.4%
Skew 25d2.7%-2.3%11.7%-1.6%-2.2%
Skew 10d5.3%-3.4%24.5%-3.2%-3.1%
Call IV 25d45.2%38.6%53.9%50.0%45.7%
Put IV 25d47.8%41.5%65.6%48.4%43.5%
Bid-Ask Spread %91.0140.52105.5377.6091.26
Gamma HHI0.410.320.580.480.32
Net GEX23.8K-7.3K78.7K18.5K5.9K
Net DEX-13.5K-940.6K549.7K40.7K278.6K
Net VEX-14.4K-15.6K-13.2K-14.6K-15.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.150.0015.700.150.33
Total Volume589.5191,996234163
Total OI19,821.31814,54422,54821,12619,358

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-03-01$4.85$5.0048.5%13.9%30.7%13.8%48.6%-1.6%-5.1%18.5K40.7K-14.6K0.1577.60N/AN/A2043012,2608,866
2012-03-02$4.83$5.0054.2%15.5%30.7%17.2%54.2%11.7%-8.3%19.6K-58.6K-14.6K0.2140.52N/AN/A1142412,3968,890
2012-03-05$4.80$5.0039.3%12.4%30.1%8.4%0.0%-0.1%1.4%26.5K426.9K-13.9K0.7167.24N/AN/A44831812,4178,894
2012-03-06$4.73$5.0052.6%13.9%30.3%16.2%48.6%-0.0%-2.9%18.6K549.7K-13.6K0.45100.39N/AN/A22010012,5898,940
2012-03-07$4.80$5.0049.8%13.6%30.7%14.6%47.4%-2.3%-1.9%22.6K494.3K-13.9K0.0067.52N/AN/A19012,6999,040
2012-03-08$4.83$5.0046.8%14.3%30.9%12.8%50.1%-1.5%-1.8%28.0K331.8K-13.9K4.0767.25N/AN/A12149312,7119,028
2012-03-09$4.93$5.0042.8%14.1%31.9%10.5%49.1%5.1%0.4%38.0K100.1K-14.4K0.6499.45N/AN/A1368712,7429,343
2012-03-12$4.87$5.0053.0%13.6%32.1%16.5%46.7%5.1%-1.7%27.9K255.4K-13.8K0.1399.85N/AN/A3504412,7909,382
2012-03-13$5.00$5.0046.4%14.3%33.7%12.6%49.7%7.9%-0.3%62.4K-381.1K-14.1K0.05100.06N/AN/A4052113,0279,413
2012-03-14$5.06$5.0042.2%14.4%33.3%10.1%49.5%5.4%-2.1%78.7K-940.6K-14.3K0.29100.47N/AN/A41112013,1399,409
2012-03-15$4.99$5.0047.3%13.6%33.4%13.1%47.3%5.4%0.7%56.3K-364.4K-13.8K0.36100.30N/AN/A2227912,8339,428
2012-03-16$4.93$5.0049.5%14.2%33.5%14.4%46.1%2.2%1.0%73.8K115.7K-13.6K0.18100.47N/AN/A1,53627012,7519,342
2012-03-19$4.91$5.0045.8%13.1%33.1%12.2%45.8%-1.0%-1.3%-7.3K46.9K-13.2K0.4097.61N/AN/A4591857,4367,108
2012-03-20$4.85$5.0041.6%11.9%30.1%9.8%41.6%7.4%1.6%-5.2K111.2K-13.5K0.0595.54N/AN/A1,8951017,7557,290
2012-03-21$4.85$5.0040.4%11.6%28.5%9.1%40.4%4.6%5.0%4.2K-177.8K-14.4K0.2489.12N/AN/A9372239,0657,350
2012-03-22$4.82$5.0045.0%12.9%24.8%11.8%45.0%1.3%2.4%8.7K-219.3K-15.3K0.33100.67N/AN/A5211739,9747,573
2012-03-23$4.87$5.0039.0%11.2%23.7%8.2%39.0%-0.8%6.8%9.5K-377.9K-15.6K0.0097.91N/AN/A133010,2267,628
2012-03-26$4.82$5.0043.2%12.4%20.7%10.7%43.3%2.7%0.6%9.8K-339.6K-15.3K0.36103.67N/AN/A2228010,2647,628
2012-03-27$4.80$5.0042.7%12.2%20.3%10.4%42.8%6.9%-0.5%11.4K-295.0K-15.0K0.0097.83N/AN/A98010,3677,607
2012-03-28$4.73$5.0041.2%11.8%20.5%9.5%0.0%4.3%7.7%11.0K-172.2K-14.8K15.70105.53N/AN/A941,47610,4317,607
2012-03-29$4.69$5.0039.0%11.2%19.8%8.3%43.0%-2.3%-2.2%5.7K278.7K-15.1K0.72101.89N/AN/A25418310,5028,571
2012-03-30$4.73$5.0045.2%13.0%20.0%11.9%45.4%-2.2%-2.5%5.9K278.6K-15.2K0.3391.26N/AN/A1234010,6378,721