OPK Options History — July 2012

In July 2012, OPK traded between $4.24 and $4.80. ATM implied volatility averaged 39.8%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 18.5% (HV 20d: 21.3%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2012-07-20: Highest Volume — 393 contracts
  • 2012-07-11: Largest IV spike — 50.4% change
  • 2012-07-12: Highest IV Rank — 29.7%
  • 2012-07-12: Largest Expected Move — 17.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.55$4.24$4.80$4.71$4.24
Max Pain$4.43$4.00$5.00$4.00$4.00
ATM IV39.8%28.7%59.9%34.0%36.8%
Expected Move12.0%8.4%17.2%9.8%10.6%
HV 20d21.3%15.5%26.7%24.9%20.0%
HV 60d25.7%23.8%29.6%29.6%24.6%
IV Rank12.7%3.2%29.7%7.8%10.1%
IV Percentile30.2%0.8%89.3%7.5%15.9%
Term Structure3.8%-13.8%23.9%8.4%10.3%
VWIV41.8%29.2%51.0%40.4%34.5%
Skew 25d3.6%-25.1%43.4%43.4%-0.9%
Skew 10d9.6%-14.4%38.0%33.3%38.0%
Call IV 25d41.4%25.0%58.8%26.5%35.8%
Put IV 25d45.0%25.7%69.9%69.9%34.9%
Bid-Ask Spread %64.5613.90103.3313.9035.76
Gamma HHI0.530.350.700.430.68
Net GEX-15.6K-23.1K-8.8K-12.5K-16.5K
Net DEX1.6M1.2M2.0M1.3M2.0M
Net VEX-7.4K-8.8K-6.0K-8.7K-6.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.002.000.000.71
Total Volume186.1432739338108
Total OI14,639.76213,30915,57614,60914,298

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-07-02$4.71$4.0034.0%9.8%24.9%7.8%0.0%43.4%8.4%-12.5K1.3M-8.7K0.0013.90N/AN/A3805,9348,675
2012-07-03$4.80$4.0040.4%11.6%25.3%13.2%40.4%-2.6%1.7%-8.8K1.2M-8.7K0.3915.59N/AN/A200775,9728,675
2012-07-05$4.77$4.0043.4%12.5%25.5%15.7%43.7%-3.2%2.1%-10.5K1.2M-8.4K0.0018.69N/AN/A16706,1018,668
2012-07-06$4.67$4.0030.6%12.8%26.7%4.9%0.0%3.4%0.1%-10.5K1.3M-8.8K0.00101.12N/AN/A8106,1658,668
2012-07-09$4.64$4.0028.7%11.1%24.4%3.2%44.3%4.6%-1.0%-13.2K1.5M-7.7K0.4096.49N/AN/A75306,2358,668
2012-07-10$4.62$4.0029.0%13.0%24.3%3.5%0.0%-1.1%-7.2%-12.5K1.5M-7.8K0.45103.33N/AN/A88406,2808,698
2012-07-11$4.61$4.0043.6%12.6%23.9%15.9%50.7%-2.2%-3.7%-10.4K1.5M-8.0K0.3665.73N/AN/A59216,3088,738
2012-07-12$4.62$4.0059.9%17.2%23.9%29.7%0.0%6.2%-13.8%-13.3K1.6M-7.1K2.0099.91N/AN/A25506,3338,759
2012-07-13$4.62$4.0050.7%14.5%23.7%21.9%51.0%0.4%-0.5%-12.4K1.5M-7.5K0.08101.27N/AN/A2526,3588,709
2012-07-16$4.60$5.0048.3%13.8%20.7%19.9%0.0%5.3%-0.1%-13.0K1.5M-7.2K0.9382.54N/AN/A1071006,3458,711
2012-07-17$4.58$5.0046.7%13.4%18.2%18.5%0.0%5.5%7.5%-13.9K1.6M-7.0K1.1498.36N/AN/A70806,4318,774
2012-07-18$4.62$5.0043.0%12.3%17.9%15.4%42.8%6.6%6.5%-17.9K1.6M-7.1K0.1784.56N/AN/A176306,4798,824
2012-07-19$4.61$5.0043.6%12.5%15.5%15.9%43.8%6.8%5.7%-23.1K1.5M-7.6K0.1799.18N/AN/A313536,6238,844
2012-07-20$4.50$5.0050.1%14.4%17.5%21.4%49.4%1.4%-4.1%-20.4K1.5M-7.7K0.0894.17N/AN/A363306,6968,880
2012-07-23$4.47$5.0034.9%10.0%17.5%8.5%50.9%-25.1%-12.4%-22.0K1.7M-7.3K1.9821.53N/AN/A811605,1018,208
2012-07-24$4.40$5.0035.2%10.1%18.2%8.7%37.8%3.2%10.7%-22.9K1.9M-6.6K0.2552.11N/AN/A264655,1278,363
2012-07-25$4.40$5.0029.2%8.4%18.2%3.7%29.2%5.0%18.8%-19.7K1.8M-6.9K0.0049.12N/AN/A13005,3438,418
2012-07-26$4.32$5.0035.8%10.3%18.6%9.3%37.8%4.5%15.1%-17.7K1.8M-6.5K0.3652.41N/AN/A239865,3878,418
2012-07-27$4.41$4.0033.7%9.7%20.4%7.5%29.4%12.6%23.9%-18.5K1.8M-6.9K1.9835.59N/AN/A551095,5498,504
2012-07-30$4.29$4.0038.8%11.1%22.3%11.8%0.0%2.1%12.4%-17.0K1.8M-6.5K0.1934.42N/AN/A262505,5588,610
2012-07-31$4.24$4.0036.8%10.6%20.0%10.1%34.5%-0.9%10.3%-16.5K2.0M-6.0K0.7135.76N/AN/A63455,6688,630