OPK Options History — May 2013

In May 2013, OPK traded between $6.41 and $7.16. ATM implied volatility averaged 38.4%, placing in the 28.6% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 9.3% (HV 20d: 29.1%). Max pain ranged from $7.00 to $7.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.55.

Notable Days

  • 2013-05-21: Highest Volume — 11,261 contracts
  • 2013-05-29: Largest IV spike — 29.8% change
  • 2013-05-08: Highest IV Rank — 60.7%
  • 2013-05-01: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.83$6.41$7.16$6.41$6.61
Max Pain$7.00$7.00$7.00$7.00$7.00
ATM IV38.4%24.6%56.2%50.6%35.5%
Expected Move10.2%7.1%14.5%14.5%10.2%
HV 20d29.1%23.7%34.7%34.7%23.7%
HV 60d32.4%30.8%34.6%34.1%31.0%
IV Rank28.6%3.7%60.7%50.5%23.4%
IV Percentile31.8%0.4%91.3%76.6%17.9%
Term Structure5.0%-9.4%18.8%-9.4%2.8%
VWIV35.3%24.8%49.9%49.9%35.6%
Skew 25d-0.5%-9.1%14.8%-0.1%-9.1%
Skew 10d8.7%-10.4%52.9%6.3%-9.3%
Call IV 25d36.7%23.8%50.0%50.0%35.7%
Put IV 25d36.2%23.6%49.9%49.9%26.5%
Bid-Ask Spread %9.004.0714.618.216.94
Gamma HHI0.440.390.600.410.43
Net GEX659.8K429.9K1.0M429.9K512.0K
Net DEX-15.9M-25.2M-8.0M-8.0M-10.6M
Net VEX-151.9K-160.9K-141.9K-153.6K-146.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.131.400.670.68
Total Volume2,604.45535811,2614,0051,582
Total OI143,875.455136,528149,005142,650144,648

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-05-01$6.41$7.0050.6%14.5%34.7%50.5%49.9%-0.1%-9.4%429.9K-8.0M-153.6K0.678.21N/AN/A2,4001,60593,02549,625
2013-05-02$6.54$7.0047.5%13.6%31.9%45.0%45.7%0.8%-4.8%460.7K-9.9M-157.4K0.584.07N/AN/A93753993,28749,785
2013-05-03$6.67$7.0043.5%12.5%32.8%37.8%43.3%-7.6%-1.1%528.0K-12.9M-158.1K0.1711.69N/AN/A2,42142393,78050,000
2013-05-06$6.70$7.0053.1%12.3%32.7%55.1%42.6%-1.9%3.6%593.7K-13.4M-154.9K0.478.38N/AN/A70132895,25650,173
2013-05-07$6.76$7.0049.5%11.4%30.3%48.7%36.9%0.3%3.5%615.4K-14.8M-154.6K0.977.10N/AN/A18217695,42850,370
2013-05-08$6.69$7.0056.2%11.5%29.2%60.7%40.2%-0.2%6.8%599.5K-13.4M-153.3K0.699.12N/AN/A1,44099595,45250,478
2013-05-09$6.81$7.0052.5%11.5%29.6%54.1%36.4%-1.8%7.9%662.4K-15.6M-155.5K0.549.44N/AN/A2,8001,50696,24950,893
2013-05-10$6.92$7.0045.8%11.3%30.4%41.9%36.6%3.2%6.0%727.6K-17.7M-160.9K0.419.51N/AN/A61525596,60351,670
2013-05-13$6.90$7.0041.8%10.8%28.1%34.8%43.3%-1.4%5.2%777.9K-17.1M-154.5K0.358.82N/AN/A1,01134996,70851,792
2013-05-14$6.96$7.0036.7%10.0%26.4%25.6%34.7%-5.8%8.8%922.7K-18.1M-152.0K0.469.65N/AN/A1,89187496,39351,886
2013-05-15$7.13$7.0037.4%9.6%27.3%26.8%33.0%-3.4%9.3%962.0K-24.4M-149.3K0.197.95N/AN/A2,65949396,95652,049
2013-05-16$7.01$7.0034.7%9.9%27.8%21.9%34.6%0.3%10.1%1.0M-20.0M-156.1K0.887.88N/AN/A1,5401,36295,95951,814
2013-05-17$7.16$7.0028.8%8.3%28.6%11.4%30.8%-1.6%18.8%926.5K-25.2M-152.8K0.209.23N/AN/A5,2401,02396,23752,441
2013-05-20$7.00$7.0029.5%8.5%29.5%12.6%29.8%1.2%4.9%581.5K-18.9M-153.1K0.788.21N/AN/A61648188,93347,595
2013-05-21$6.94$7.0033.0%9.4%29.6%18.8%33.1%14.8%2.8%555.6K-17.5M-151.9K0.137.47N/AN/A9,9921,26989,21047,878
2013-05-22$6.89$7.0026.7%7.6%29.2%7.4%26.6%1.5%8.8%602.8K-16.0M-146.9K0.5010.54N/AN/A74236890,41148,794
2013-05-23$6.97$7.0027.7%7.9%29.2%9.2%28.3%5.1%8.3%615.4K-18.2M-149.3K0.609.49N/AN/A60936690,64249,036
2013-05-24$6.93$7.0029.4%8.4%28.7%12.4%29.4%3.4%4.7%589.3K-17.3M-150.9K0.2010.32N/AN/A4839890,48749,110
2013-05-28$6.88$7.0024.6%7.1%28.6%3.7%24.8%-0.4%6.4%636.7K-15.9M-142.6K0.5514.61N/AN/A1,48582390,69949,143
2013-05-29$6.72$7.0031.9%9.2%27.8%16.9%31.6%-7.5%1.7%564.2K-12.8M-146.3K0.6911.88N/AN/A1,17681091,81849,625
2013-05-30$6.72$7.0028.0%8.0%23.8%9.8%28.3%-0.7%4.1%605.6K-12.4M-141.9K1.407.59N/AN/A1,0951,53892,64350,279
2013-05-31$6.61$7.0035.5%10.2%23.7%23.4%35.6%-9.1%2.8%512.0K-10.6M-146.2K0.686.94N/AN/A94463893,43651,212