OPK Options History — April 2012

In April 2012, OPK traded between $4.38 and $4.99. ATM implied volatility averaged 39.8%, placing in the 11.1% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 9.6% (HV 20d: 30.2%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 1.59.

Notable Days

  • 2012-04-19: Highest Volume — 2,402 contracts
  • 2012-04-10: Largest IV spike — 105.6% change
  • 2012-04-10: Highest IV Rank — 23.9%
  • 2012-04-13: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.72$4.38$4.99$4.86$4.75
Max Pain$4.55$4.00$5.00$5.00$5.00
ATM IV39.8%30.1%65.7%45.8%34.5%
Expected Move11.4%8.6%13.6%13.1%9.9%
HV 20d30.2%21.9%36.7%22.3%36.6%
HV 60d29.1%27.9%30.1%28.1%29.5%
IV Rank11.1%3.0%23.9%12.2%8.1%
IV Percentile18.7%0.8%73.4%33.7%6.3%
Term Structure9.9%-1.5%27.0%-1.5%5.7%
VWIV40.5%32.1%52.9%45.8%36.2%
Skew 25d5.3%-13.3%30.7%1.3%11.6%
Skew 10d4.0%-17.6%22.5%1.9%11.4%
Call IV 25d41.1%25.8%53.5%46.2%39.4%
Put IV 25d46.4%32.1%56.5%47.5%51.1%
Bid-Ask Spread %87.2422.45109.2422.4599.57
Gamma HHI0.360.310.470.330.40
Net GEX-6.2K-23.4K6.3K6.3K-21.6K
Net DEX586.1K19.8K1.2M67.9K752.1K
Net VEX-13.8K-15.7K-12.3K-15.4K-13.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.590.007.310.040.97
Total Volume594.75602,402284266
Total OI21,128.7519,38924,24719,38922,621

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-04-02$4.86$5.0045.8%13.1%22.3%12.2%45.8%1.3%-1.5%6.3K67.9K-15.4K0.0422.45N/AN/A2741010,6688,721
2012-04-03$4.81$5.0043.2%12.4%21.9%10.7%43.6%-7.0%-0.6%5.5K142.2K-15.3K0.43104.42N/AN/A934010,7288,731
2012-04-04$4.70$5.0039.9%11.4%22.9%8.8%38.2%9.5%2.0%5.6K406.1K-14.7K0.4949.77N/AN/A1065210,7518,771
2012-04-05$4.75$5.0030.1%8.6%23.1%3.0%0.0%30.7%21.1%5.5K256.9K-15.0K0.00105.69N/AN/A60010,7638,795
2012-04-09$4.61$5.0032.0%12.2%23.8%4.1%49.0%-0.2%4.8%4.3K708.0K-13.5K1.4699.86N/AN/A15322310,7788,795
2012-04-10$4.45$4.0065.7%13.3%26.3%23.9%52.9%-13.3%4.0%5.5K888.7K-13.0K7.31100.77N/AN/A2111,54310,8328,986
2012-04-11$4.57$4.0037.9%13.0%26.3%7.6%45.2%1.2%6.9%3.4K933.9K-13.1K0.32102.82N/AN/A943010,8799,095
2012-04-12$4.48$4.0044.6%12.8%26.1%16.7%47.3%-0.5%12.6%3.9K1.0M-12.9K1.02102.65N/AN/A18819210,9449,122
2012-04-13$4.38$4.0047.6%13.6%26.6%19.2%0.0%-3.3%4.2%3.7K1.2M-12.3K5.39104.41N/AN/A12768410,9189,258
2012-04-16$4.48$4.0047.3%13.6%28.4%19.0%0.0%22.5%7.8%-4641.2M-12.4K0.1498.46N/AN/A3885510,9389,755
2012-04-17$4.68$4.0046.7%13.4%33.2%18.5%0.0%12.8%27.0%-4.0K841.9K-13.2K4.45104.07N/AN/A19888210,7189,800
2012-04-18$4.74$4.0033.3%9.6%33.4%7.2%43.8%17.8%25.9%-8.6K855.0K-13.7K3.59104.11N/AN/A3211,15110,76510,608
2012-04-19$4.89$4.0034.6%9.9%35.3%8.3%32.8%10.8%19.5%-15.4K371.5K-14.6K3.98109.24N/AN/A4821,92010,77411,712
2012-04-20$4.99$4.0033.3%9.5%35.9%7.1%33.3%-7.0%14.2%-23.4K19.8K-15.7K0.7469.37N/AN/A54440110,69813,549
2012-04-23$4.89$5.0034.2%9.8%36.6%7.9%34.2%-2.3%9.8%-13.2K202.5K-14.2K0.3198.20N/AN/A3009310,18612,431
2012-04-24$4.84$5.0037.0%10.6%36.6%10.3%37.0%7.5%10.6%-16.8K382.9K-14.5K0.0094.89N/AN/A86010,13212,513
2012-04-25$4.88$5.0032.1%9.2%36.7%6.1%32.1%-5.7%8.7%-21.0K370.8K-13.1K0.22101.30N/AN/A511110,13212,513
2012-04-26$4.83$5.0035.1%10.1%36.4%8.6%35.0%9.4%9.4%-22.2K524.4K-13.2K0.2037.94N/AN/A3667310,13912,524
2012-04-27$4.82$5.0041.5%11.9%36.3%14.1%41.5%9.8%5.4%-21.6K527.0K-13.8K0.7934.79N/AN/A1271009,94112,591
2012-04-30$4.75$5.0034.5%9.9%36.6%8.1%36.2%11.6%5.7%-21.6K752.1K-13.1K0.9799.57N/AN/A13513110,06412,557