OPK Options History — May 2012

In May 2012, OPK traded between $4.42 and $4.80. ATM implied volatility averaged 45.8%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 17.6% (HV 20d: 28.2%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 1.90.

Notable Days

  • 2012-05-17: Highest Volume — 3,504 contracts
  • 2012-05-04: Largest IV spike — 106.8% change
  • 2012-05-09: Highest IV Rank — 35.7%
  • 2012-05-18: Largest Expected Move — 15.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.59$4.42$4.80$4.65$4.60
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV45.8%28.8%67.0%43.4%48.2%
Expected Move12.5%8.3%15.6%12.5%13.8%
HV 20d28.2%20.3%35.9%35.9%28.2%
HV 60d29.0%26.8%30.4%29.7%28.8%
IV Rank17.7%3.4%35.7%15.7%19.7%
IV Percentile38.8%0.8%78.6%29.8%52.4%
Term Structure3.0%-21.9%23.9%-1.3%-3.5%
VWIV46.2%28.3%55.7%28.3%54.3%
Skew 25d-2.1%-20.1%22.4%9.7%1.8%
Skew 10d0.6%-23.0%25.4%14.5%-2.7%
Call IV 25d45.4%30.5%56.0%45.2%54.3%
Put IV 25d43.2%27.0%56.2%54.9%56.2%
Bid-Ask Spread %80.1835.53105.32100.2037.08
Gamma HHI0.450.340.530.440.39
Net GEX-40.2K-60.6K-17.6K-30.4K-42.3K
Net DEX1.8M1.1M2.5M1.1M2.3M
Net VEX-10.6K-12.9K-9.2K-12.4K-9.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.900.0012.583.570.37
Total Volume365.545253,504384273
Total OI23,821.72722,76125,23922,76125,239

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-05-01$4.65$5.0043.4%12.5%35.9%15.7%0.0%9.7%-1.3%-30.4K1.1M-12.4K3.57100.20N/AN/A8430010,12912,632
2012-05-02$4.65$5.0030.9%8.9%35.8%5.1%28.3%22.4%20.5%-29.5K1.2M-12.9K0.2148.89N/AN/A972010,12312,932
2012-05-03$4.54$5.0028.8%8.3%35.9%3.4%0.0%21.4%23.9%-32.6K1.3M-12.6K1.89105.32N/AN/A478910,11612,942
2012-05-04$4.47$5.0059.6%12.2%35.9%29.4%49.2%-10.9%-1.5%-36.2K1.6M-12.3K0.3991.10N/AN/A1786910,12912,981
2012-05-07$4.51$5.0036.5%14.6%34.6%9.9%0.0%-20.1%-3.6%-37.1K1.6M-11.6K0.0082.54N/AN/A25010,15412,946
2012-05-08$4.42$5.0066.9%12.3%33.0%35.6%49.3%-9.9%0.8%-41.7K1.8M-11.0K3.0087.28N/AN/A103010,15912,946
2012-05-09$4.49$5.0067.0%13.5%32.1%35.7%44.8%-4.2%-15.8%-39.4K1.7M-10.9K1.5094.30N/AN/A507510,14912,976
2012-05-10$4.47$5.0043.2%12.4%31.3%15.5%44.8%-5.9%3.4%-40.0K1.7M-11.2K0.0095.76N/AN/A60010,14912,996
2012-05-11$4.55$5.0035.2%10.1%30.8%8.7%39.5%-14.5%6.3%-46.4K1.7M-10.1K0.2286.60N/AN/A1172610,15712,996
2012-05-14$4.59$5.0048.3%13.8%29.9%19.8%45.2%-16.4%-3.4%-34.4K1.4M-10.8K0.0083.36N/AN/A237110,20412,997
2012-05-15$4.62$5.0043.7%12.5%25.5%15.9%43.6%-11.2%2.7%-38.2K1.4M-10.0K2.6186.73N/AN/A236010,26612,997
2012-05-16$4.58$5.0037.2%10.7%25.1%10.4%48.1%3.1%20.5%-40.5K1.5M-10.4K2.5876.76N/AN/A11930710,25313,012
2012-05-17$4.52$5.0040.1%11.5%22.2%12.9%41.3%20.9%21.2%-51.0K1.7M-9.3K12.5889.11N/AN/A2583,24610,28912,860
2012-05-18$4.49$5.0054.4%15.6%20.3%25.0%55.7%-1.4%-6.0%-53.5K2.5M-10.4K1.8578.66N/AN/A15829310,33014,752
2012-05-21$4.55$5.0041.4%11.9%20.5%14.0%53.8%2.7%-21.9%-56.1K2.4M-10.0K7.4535.53N/AN/A11829,59814,733
2012-05-22$4.62$5.0043.5%12.5%21.4%15.8%46.2%-10.4%5.4%-60.6K2.2M-9.2K0.1678.01N/AN/A201329,60214,777
2012-05-23$4.65$5.0050.0%14.3%21.3%21.3%49.5%-11.8%0.8%-52.6K2.1M-10.5K1.3377.81N/AN/A58779,74514,798
2012-05-24$4.80$5.0049.7%14.2%24.2%21.0%49.6%-3.2%4.7%-17.6K1.6M-10.0K0.6283.53N/AN/A4542829,75614,860
2012-05-25$4.78$5.0049.3%14.1%24.3%20.7%42.9%-2.4%4.6%-41.1K1.6M-10.5K0.1078.71N/AN/A1121110,06314,964
2012-05-29$4.80$5.0040.9%11.7%23.7%13.6%40.9%0.3%7.7%-22.2K1.8M-9.4K1.0177.72N/AN/A17117310,17314,975
2012-05-30$4.58$5.0050.0%14.3%28.2%21.2%50.0%-7.1%0.7%-41.2K2.2M-9.4K0.4088.98N/AN/A903610,16615,057
2012-05-31$4.60$5.0048.2%13.8%28.2%19.7%54.3%1.8%-3.5%-42.3K2.3M-9.2K0.3737.08N/AN/A1997410,20715,032