OPK Options History — April 2013

In April 2013, OPK traded between $6.66 and $7.55. ATM implied volatility averaged 47.9%, placing in the 45.7% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 11.1% (HV 20d: 36.7%). Max pain ranged from $7.00 to $7.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.85.

Notable Days

  • 2013-04-24: Highest Volume — 17,469 contracts
  • 2013-04-02: Largest IV spike — 36.1% change
  • 2013-04-09: Highest IV Rank — 64.4%
  • 2013-04-09: Largest Expected Move — 17.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.08$6.66$7.55$7.55$6.66
Max Pain$7.00$7.00$7.00$7.00$7.00
ATM IV47.9%34.8%58.3%35.0%54.3%
Expected Move13.7%10.0%17.1%10.0%15.6%
HV 20d36.7%27.4%40.2%27.4%37.4%
HV 60d40.9%34.2%44.5%41.6%34.2%
IV Rank45.7%22.1%64.4%22.5%57.2%
IV Percentile62.6%13.5%95.2%15.9%86.9%
Term Structure-2.4%-12.3%5.4%-1.7%-12.3%
VWIV49.2%34.5%64.9%44.0%54.1%
Skew 25d0.9%-13.9%13.7%-3.5%-13.9%
Skew 10d4.9%-16.8%21.9%12.2%-7.0%
Call IV 25d48.7%28.1%64.5%48.4%47.2%
Put IV 25d49.6%33.3%74.4%44.9%33.3%
Bid-Ask Spread %17.676.3178.738.447.30
Gamma HHI0.330.290.510.300.37
Net GEX377.9K-333.0K577.9K534.3K453.4K
Net DEX-20.8M-30.6M-12.3M-30.6M-12.3M
Net VEX-144.2K-154.5K-133.2K-137.7K-140.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.043.561.250.71
Total Volume4,173.90937517,4692,07413,553
Total OI125,006.682115,045134,507117,169134,507

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-04-01$7.55$7.0035.0%10.0%27.4%22.5%44.0%-3.5%-1.7%534.3K-30.6M-137.7K1.258.44N/AN/A9231,15178,97638,193
2013-04-02$7.40$7.0047.7%13.7%27.5%45.3%47.0%4.1%0.2%543.0K-27.9M-138.4K0.1878.13N/AN/A1,67029379,22038,829
2013-04-03$7.00$7.0057.8%16.6%33.4%63.6%64.9%13.7%-0.8%407.7K-19.7M-145.9K2.0178.73N/AN/A2,5515,12379,31338,961
2013-04-04$7.29$7.0055.7%16.0%36.7%59.8%59.9%-4.6%3.4%440.8K-25.0M-147.7K0.5414.13N/AN/A2,3491,27879,77040,966
2013-04-05$7.17$7.0058.0%15.8%36.9%63.9%57.8%9.3%-6.6%393.0K-22.6M-154.5K0.3213.68N/AN/A1,61552180,51341,976
2013-04-08$7.22$7.0051.0%15.1%36.7%51.2%52.6%3.8%-12.3%418.8K-24.0M-150.8K0.979.53N/AN/A96193381,02942,324
2013-04-09$6.95$7.0058.3%17.1%38.9%64.4%60.2%-4.5%-9.1%345.0K-18.5M-152.3K1.3018.06N/AN/A4,1655,39581,42542,763
2013-04-10$7.10$7.0053.1%15.3%39.9%55.1%53.3%10.2%-3.0%365.1K-20.4M-149.1K0.5312.20N/AN/A1,68288582,06745,184
2013-04-11$7.19$7.0050.9%14.6%40.2%51.0%52.8%0.8%-1.8%408.0K-23.6M-149.5K1.2910.91N/AN/A7901,01682,22345,225
2013-04-12$7.17$7.0051.6%14.8%40.1%52.3%53.4%-1.8%-5.2%374.0K-23.4M-146.9K0.2410.01N/AN/A3027382,49245,085
2013-04-15$6.94$7.0052.8%15.1%38.5%54.5%53.0%-3.7%-4.1%254.6K-17.9M-149.6K2.3213.44N/AN/A6061,40382,48545,060
2013-04-16$7.13$7.0049.1%14.1%39.2%47.8%48.5%-8.7%-4.4%300.3K-21.7M-143.0K0.179.26N/AN/A2,20036682,55045,982
2013-04-17$7.02$7.0048.8%14.0%39.4%47.3%50.2%2.9%-0.7%250.1K-19.5M-142.5K0.4119.06N/AN/A1,12945883,23046,147
2013-04-18$6.95$7.0046.4%13.3%39.3%42.9%46.6%-1.0%-0.7%185.9K-17.7M-144.5K0.5319.59N/AN/A76140683,37045,853
2013-04-19$7.02$7.0047.3%13.6%38.5%44.6%47.0%4.9%-5.8%-333.0K-19.1M-150.5K0.4114.61N/AN/A1,71070483,61046,063
2013-04-22$7.10$7.0041.2%11.8%36.0%33.7%44.1%-9.2%5.4%473.1K-22.1M-135.9K0.989.00N/AN/A53452375,71539,330
2013-04-23$7.06$7.0040.3%11.6%36.0%32.0%44.1%-5.4%4.8%421.1K-20.8M-139.3K0.046.31N/AN/A9,85944475,75339,699
2013-04-24$6.96$7.0034.8%10.0%36.1%22.1%34.5%2.7%0.4%483.1K-18.7M-133.2K0.589.88N/AN/A11,0436,42676,89540,003
2013-04-25$7.04$7.0036.7%10.5%36.5%25.5%34.8%10.5%2.1%577.9K-18.6M-134.9K0.198.18N/AN/A1,78133385,38945,480
2013-04-26$6.92$7.0042.0%12.0%36.8%35.1%41.2%5.6%-1.2%517.4K-16.7M-145.2K3.568.88N/AN/A6872,44986,38545,788
2013-04-29$6.86$7.0040.6%11.6%36.7%32.6%39.0%7.5%0.8%499.7K-15.8M-140.8K0.159.51N/AN/A67510086,64847,671
2013-04-30$6.66$7.0054.3%15.6%37.4%57.2%54.1%-13.9%-12.3%453.4K-12.3M-140.6K0.717.30N/AN/A7,9045,64986,82047,687