OPK Options History — February 2013

In February 2013, OPK traded between $6.49 and $7.15. ATM implied volatility averaged 46.6%, placing in the 43.4% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded below realized volatility by 6.5% (HV 20d: 53.2%). Max pain ranged from $6.00 to $7.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.32.

Notable Days

  • 2013-02-08: Highest Volume — 20,305 contracts
  • 2013-02-07: Largest IV spike — 14.1% change
  • 2013-02-11: Highest IV Rank — 55.2%
  • 2013-02-05: Largest Expected Move — 16.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.83$6.49$7.15$6.73$6.94
Max Pain$6.21$6.00$7.00$6.00$7.00
ATM IV46.6%39.6%53.2%47.2%40.4%
Expected Move14.0%11.6%16.3%14.7%11.6%
HV 20d53.2%39.8%60.0%55.3%39.8%
HV 60d38.6%36.8%40.1%36.8%39.9%
IV Rank43.4%30.7%55.2%44.5%32.2%
IV Percentile61.3%32.1%87.3%66.3%32.5%
Term Structure-2.0%-11.5%7.4%-6.7%4.4%
VWIV48.6%40.0%55.5%54.1%40.0%
Skew 25d5.3%-13.3%15.3%4.0%0.1%
Skew 10d35.5%-21.2%93.2%16.9%1.1%
Call IV 25d47.7%34.2%61.0%52.3%34.2%
Put IV 25d53.0%34.2%73.2%56.3%34.2%
Bid-Ask Spread %11.837.2821.9916.8810.05
Gamma HHI0.430.390.500.450.39
Net GEX387.4K273.2K506.3K273.2K410.9K
Net DEX-20.1M-27.2M-12.4M-16.9M-22.9M
Net VEX-109.0K-127.1K-86.2K-94.5K-127.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.050.820.390.82
Total Volume6,562.73772320,3054,731723
Total OI100,703.63285,605112,25085,605112,250

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-02-01$6.73$6.0047.2%14.7%55.3%44.5%54.1%4.0%-6.7%273.2K-16.9M-94.5K0.3916.88N/AN/A3,3991,33254,43131,174
2013-02-04$6.99$6.0043.0%15.0%55.6%36.8%53.8%1.7%-6.0%276.6K-21.1M-93.2K0.5411.74N/AN/A3,8242,06456,30031,526
2013-02-05$6.98$6.0039.6%16.3%55.7%30.7%54.8%3.0%-11.5%385.6K-21.0M-86.2K0.2710.92N/AN/A7,2591,96655,87632,418
2013-02-06$6.89$6.0043.3%15.1%56.2%37.4%55.5%0.2%-4.1%280.3K-18.8M-90.9K0.1512.05N/AN/A3,50352655,72033,441
2013-02-07$6.81$6.0049.4%14.2%55.4%48.4%44.5%0.6%-4.4%274.9K-16.2M-100.5K0.2317.16N/AN/A2,40455756,28233,635
2013-02-08$6.49$6.0051.5%14.8%59.4%52.2%54.6%12.2%4.3%285.2K-12.4M-94.3K0.3921.99N/AN/A14,6075,69857,10234,039
2013-02-11$6.72$6.0053.2%15.2%60.0%55.2%53.2%13.1%-6.3%375.9K-18.2M-94.1K0.2312.16N/AN/A14,0213,26262,47436,246
2013-02-12$6.66$6.0049.5%14.2%57.6%48.7%49.9%10.3%-1.8%421.6K-18.2M-119.9K0.0511.76N/AN/A16,72681571,28037,718
2013-02-13$6.73$6.0049.2%14.1%57.5%48.1%48.7%10.2%-2.5%436.0K-20.2M-118.1K0.2311.55N/AN/A1,51735172,46438,249
2013-02-14$6.81$6.0045.5%13.0%55.4%41.4%42.6%15.3%-2.0%442.7K-21.1M-118.6K0.139.19N/AN/A3,29944572,05737,464
2013-02-15$6.73$6.0051.3%14.7%55.8%51.9%51.3%12.1%-3.7%455.3K-20.0M-113.3K0.2310.62N/AN/A1,85943672,08337,709
2013-02-19$6.78$6.0047.2%13.5%55.8%44.5%42.6%13.5%-0.6%380.6K-19.2M-116.2K0.159.58N/AN/A3,99560667,73732,463
2013-02-20$6.63$6.0045.7%13.1%54.4%41.8%47.6%7.3%-0.2%437.4K-17.3M-111.6K0.2513.85N/AN/A2,53564568,44632,705
2013-02-21$6.68$6.0047.7%13.7%54.4%45.4%48.0%9.8%-1.7%420.3K-17.9M-115.7K0.4212.14N/AN/A1,31455368,84932,900
2013-02-22$7.03$6.0046.9%13.5%49.6%43.9%41.9%-12.0%-2.3%427.3K-24.1M-118.2K0.228.62N/AN/A6,3501,39369,47833,208
2013-02-25$7.00$7.0046.8%13.4%47.1%43.7%48.0%1.6%-1.6%425.9K-24.0M-117.1K0.567.28N/AN/A8,0494,53470,09833,794
2013-02-26$7.15$7.0045.0%12.9%42.6%40.5%47.9%11.0%7.4%506.3K-27.2M-117.6K0.398.61N/AN/A1,28950773,75336,758
2013-02-27$7.03$7.0043.1%12.4%42.6%37.1%44.0%-13.3%1.4%444.0K-24.9M-123.7K0.458.62N/AN/A1,60872174,17537,067
2013-02-28$6.94$7.0040.4%11.6%39.8%32.2%40.0%0.1%4.4%410.9K-22.9M-127.1K0.8210.05N/AN/A39732674,83237,418