OPK Options History — August 2012

In August 2012, OPK traded between $4.09 and $4.52. ATM implied volatility averaged 48.4%, placing in the 31.7% IV rank vs the trailing year. The 30-day expected move averaged 14.8%. IV traded above realized volatility by 22.3% (HV 20d: 26.1%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 0.90.

Notable Days

  • 2012-08-14: Highest Volume — 7,835 contracts
  • 2012-08-02: Largest IV spike — 47.4% change
  • 2012-08-29: Highest IV Rank — 49.9%
  • 2012-08-03: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.32$4.09$4.52$4.09$4.44
Max Pain$4.87$4.00$5.00$4.00$5.00
ATM IV48.4%29.0%62.4%39.0%53.5%
Expected Move14.8%11.2%16.6%11.2%15.3%
HV 20d26.1%18.8%29.8%20.7%18.8%
HV 60d25.5%24.2%26.5%25.5%24.2%
IV Rank31.7%5.9%49.9%12.0%47.4%
IV Percentile61.8%1.6%91.7%23.0%82.1%
Term Structure-0.1%-11.7%6.5%2.4%0.7%
VWIV50.3%26.5%62.5%50.6%62.5%
Skew 25d8.9%-18.0%45.1%9.6%19.9%
Skew 10d14.0%-26.6%110.9%39.0%7.0%
Call IV 25d46.0%27.9%57.3%44.4%35.5%
Put IV 25d54.8%30.9%95.7%54.0%55.3%
Bid-Ask Spread %54.7224.6490.2336.4027.91
Gamma HHI0.650.570.760.600.66
Net GEX-20.3K-28.5K-12.3K-12.8K-23.4K
Net DEX2.1M1.8M2.5M2.0M2.0M
Net VEX-7.2K-8.9K-5.4K-5.9K-8.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.900.0014.920.340.71
Total Volume540.13717,835293169
Total OI16,398.78314,37918,11014,37918,110

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-08-01$4.09$4.0039.0%11.2%20.7%12.0%50.6%9.6%2.4%-12.8K2.0M-5.9K0.3436.40N/AN/A218755,7048,675
2012-08-02$4.12$4.0057.5%16.5%21.4%27.7%57.5%10.5%-5.7%-12.3K2.1M-5.9K0.0438.02N/AN/A267115,8998,735
2012-08-03$4.29$4.0057.9%16.6%26.6%28.0%57.6%15.8%-1.5%-15.8K1.9M-6.5K0.2524.64N/AN/A136346,0628,736
2012-08-06$4.27$5.0056.7%15.7%26.6%27.0%49.6%45.1%-0.4%-15.3K1.8M-6.3K0.0688.64N/AN/A228146,1868,752
2012-08-07$4.27$5.0047.1%15.3%26.7%18.8%51.3%44.2%2.4%-13.6K1.9M-6.3K0.0081.32N/AN/A29416,3658,740
2012-08-08$4.26$5.0062.4%15.5%26.7%34.3%51.6%2.4%0.0%-13.4K1.8M-6.4K0.6581.91N/AN/A1551016,4888,740
2012-08-09$4.25$5.0033.1%15.7%26.6%7.5%54.2%1.2%-0.4%-15.3K1.8M-6.3K0.1187.63N/AN/A7286,5598,836
2012-08-10$4.25$5.0029.0%14.6%26.6%5.9%50.7%-2.0%3.6%-14.4K1.8M-6.0K0.1789.83N/AN/A103186,6268,842
2012-08-13$4.24$5.0037.5%15.2%26.6%18.2%54.0%-2.3%1.4%-14.4K1.8M-5.9K0.0684.59N/AN/A213136,7068,854
2012-08-14$4.17$5.0038.9%13.7%27.0%20.2%52.8%-6.2%2.0%-13.4K2.0M-5.4K14.9290.23N/AN/A4927,3436,6458,861
2012-08-15$4.21$5.0041.1%14.4%27.0%23.5%50.9%-5.6%1.1%-22.2K2.5M-7.8K0.4788.68N/AN/A76366,69510,959
2012-08-16$4.29$5.0048.0%13.8%28.3%33.5%38.4%12.1%2.4%-22.1K2.4M-7.7K0.3987.43N/AN/A166656,64510,783
2012-08-17$4.31$5.0050.1%14.4%27.3%36.4%40.1%18.6%3.2%-22.3K2.2M-8.3K0.7185.60N/AN/A68486,69410,805
2012-08-20$4.36$5.0053.7%15.4%27.7%43.2%54.5%-0.5%-5.0%-24.8K2.3M-8.1K0.0031.25N/AN/A18406,33210,407
2012-08-21$4.30$5.0047.8%13.7%27.6%38.0%56.5%-6.0%6.1%-22.7K2.3M-7.8K0.1629.36N/AN/A61106,43210,407
2012-08-22$4.37$5.0047.4%13.6%28.2%37.2%47.2%14.7%6.5%-26.2K2.3M-7.9K0.0632.73N/AN/A162106,48510,417
2012-08-23$4.52$5.0054.3%15.6%29.8%48.7%53.1%-6.4%-7.7%-28.5K1.9M-8.9K0.3427.63N/AN/A3561226,61610,427
2012-08-24$4.52$5.0049.9%14.3%29.0%41.4%26.5%-18.0%2.1%-27.7K2.0M-8.6K0.0027.44N/AN/A7506,89110,507
2012-08-27$4.50$5.0050.7%14.5%27.1%42.7%61.4%10.9%6.3%-28.1K2.2M-7.2K0.8534.04N/AN/A1181006,93510,507
2012-08-28$4.44$5.0050.7%14.5%27.2%42.8%54.9%-4.0%0.0%-27.0K2.1M-8.2K0.3428.11N/AN/A65227,04810,507
2012-08-29$4.45$5.0055.1%15.8%23.2%49.9%29.9%25.9%-11.7%-27.8K2.0M-8.4K0.0227.27N/AN/A484107,10410,529
2012-08-30$4.44$5.0052.3%15.0%23.2%45.4%51.4%23.6%-10.7%-24.1K2.0M-8.2K0.0028.00N/AN/A22007,38010,539
2012-08-31$4.44$5.0053.5%15.3%18.8%47.4%62.5%19.9%0.7%-23.4K2.0M-8.2K0.7127.91N/AN/A99707,57110,539