OPK Options History — January 2013

In January 2013, OPK traded between $5.00 and $6.75. ATM implied volatility averaged 43.5%, placing in the 37.8% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded above realized volatility by 10.1% (HV 20d: 33.4%). Max pain ranged from $4.00 to $6.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.78.

Notable Days

  • 2013-01-29: Highest Volume — 29,155 contracts
  • 2013-01-28: Largest IV spike — 74.3% change
  • 2013-01-28: Highest IV Rank — 64.8%
  • 2013-01-28: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.81$5.00$6.75$5.00$6.42
Max Pain$4.86$4.00$6.00$4.00$6.00
ATM IV43.5%31.7%58.5%31.7%51.5%
Expected Move12.9%9.1%16.8%9.1%14.8%
HV 20d33.4%18.2%54.4%18.3%54.2%
HV 60d29.8%26.7%36.2%26.9%36.0%
IV Rank37.8%16.5%64.8%16.5%52.2%
IV Percentile50.0%8.3%95.6%8.3%84.5%
Term Structure5.1%-3.4%12.6%11.0%5.9%
VWIV44.5%28.8%58.1%31.7%50.4%
Skew 25d-0.8%-17.7%16.9%-2.5%1.1%
Skew 10d0.3%-21.4%21.1%-4.0%6.9%
Call IV 25d43.3%26.1%57.3%34.1%51.0%
Put IV 25d42.5%31.7%56.1%31.7%52.0%
Bid-Ask Spread %14.537.9830.7816.8811.05
Gamma HHI0.500.240.800.370.55
Net GEX72.2K-5.6K262.3K4.0K248.9K
Net DEX-5.2M-15.9M-645.8K-645.8K-12.2M
Net VEX-31.0K-92.5K-12.3K-12.3K-89.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.064.250.150.38
Total Volume6,047.71491129,1552,3927,145
Total OI36,55817,80781,53917,80781,539

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-01-02$5.00$4.0031.7%9.1%18.3%16.5%31.7%-2.5%11.0%4.0K-645.8K-12.3K0.1516.88N/AN/A2,0713217,71710,090
2013-01-03$5.00$4.0035.1%10.1%18.2%22.6%35.2%-1.8%11.6%36.6K-998.7K-13.5K4.2511.62N/AN/A7693,2689,47310,377
2013-01-04$5.16$5.0043.4%13.7%19.9%37.6%47.8%-7.5%8.1%34.2K-1.4M-15.4K2.4717.18N/AN/A1,6554,0899,93511,502
2013-01-07$5.31$4.0039.6%14.0%20.1%30.7%49.0%-3.0%1.4%24.5K-1.8M-17.4K0.2616.65N/AN/A1,32534310,76813,148
2013-01-08$5.30$4.0037.2%12.9%20.5%26.4%44.9%-6.4%3.3%27.1K-1.7M-18.1K1.0012.11N/AN/A48248210,90213,348
2013-01-09$5.18$4.0033.6%12.8%23.3%20.0%44.8%9.4%1.9%37.7K-1.2M-18.3K0.838.62N/AN/A89074010,99413,775
2013-01-10$5.31$5.0041.7%12.0%24.1%34.5%37.7%14.3%5.6%17.3K-1.7M-18.4K0.4813.62N/AN/A78537711,09914,445
2013-01-11$5.38$5.0041.7%12.0%24.2%34.6%28.8%13.4%10.2%2.5K-1.8M-18.0K0.2310.74N/AN/A74117011,08714,812
2013-01-14$5.71$5.0041.5%11.9%30.2%34.1%43.7%11.2%1.9%-5.6K-3.1M-16.6K0.439.98N/AN/A3,1431,33811,43114,914
2013-01-15$5.71$5.0039.5%11.3%30.5%30.6%36.6%5.1%6.0%-4.6K-3.3M-17.9K0.4330.78N/AN/A96742012,67415,997
2013-01-16$6.00$5.0050.2%14.4%33.4%49.9%51.9%1.7%-1.2%13.6K-4.3M-17.7K0.3319.61N/AN/A3,6681,22513,12016,207
2013-01-17$6.00$5.0050.9%14.6%33.7%51.0%52.4%-16.1%0.3%30.7K-4.3M-19.1K0.0616.28N/AN/A2,56314314,02416,673
2013-01-18$6.05$5.0045.9%13.2%33.7%42.1%45.1%16.9%3.9%65.6K-4.8M-19.5K0.1711.35N/AN/A2,66745015,00316,755
2013-01-22$6.34$5.0050.8%14.6%34.8%50.8%52.8%-7.8%-1.3%34.2K-5.1M-17.4K0.5714.83N/AN/A1,23269814,12415,879
2013-01-23$6.32$5.0056.8%16.3%34.3%61.7%56.4%-4.0%-3.4%29.0K-4.6M-22.1K2.2614.42N/AN/A1,4743,33414,53816,386
2013-01-24$5.89$5.0040.6%11.6%45.4%32.6%40.4%-1.0%7.6%16.9K-2.3M-21.5K0.069.95N/AN/A23,3771,48815,12718,447
2013-01-25$6.20$5.0033.6%9.6%47.5%19.9%33.4%2.1%8.6%262.3K-10.5M-58.4K0.1613.77N/AN/A4,50071936,39219,388
2013-01-28$6.60$5.0058.5%16.8%50.5%64.8%58.1%-17.7%9.3%201.7K-14.5M-61.8K1.3829.58N/AN/A5,9998,26738,91919,892
2013-01-29$6.75$5.0052.3%15.0%50.0%53.6%49.5%-12.4%5.1%232.4K-15.9M-66.3K0.358.22N/AN/A21,5757,58041,58724,932
2013-01-30$6.47$6.0038.0%10.9%54.4%27.9%43.6%-11.7%12.6%206.4K-12.3M-92.5K0.217.98N/AN/A3,75077249,96730,331
2013-01-31$6.42$6.0051.5%14.8%54.2%52.2%50.4%1.1%5.9%248.9K-12.2M-89.0K0.3811.05N/AN/A5,1641,98150,87630,663