OPK Options History — September 2013

In September 2013, OPK traded between $8.38 and $9.19. ATM implied volatility averaged 57.8%, placing in the 54.4% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded above realized volatility by 12.3% (HV 20d: 45.4%). Max pain ranged from $8.00 to $9.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.41.

Notable Days

  • 2013-09-04: Highest Volume — 88,687 contracts
  • 2013-09-19: Largest IV drop — 14.2% change
  • 2013-09-04: Highest IV Rank — 83.3%
  • 2013-09-04: Largest Expected Move — 22.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.59$8.38$9.19$9.19$8.81
Max Pain$8.10$8.00$9.00$8.00$8.00
ATM IV57.8%47.1%77.0%70.8%52.9%
Expected Move16.8%13.5%22.1%20.3%15.2%
HV 20d45.4%29.5%49.8%41.0%29.5%
HV 60d32.6%29.9%33.6%29.9%31.7%
IV Rank54.4%38.3%83.3%74.1%47.0%
IV Percentile83.5%57.9%99.2%98.8%77.8%
Term Structure3.2%-4.0%12.2%9.7%-1.4%
VWIV58.6%48.3%77.0%77.0%57.8%
Skew 25d0.6%-6.1%10.6%7.4%1.2%
Skew 10d16.3%-6.4%38.0%9.6%38.0%
Call IV 25d61.8%50.1%83.7%80.0%59.1%
Put IV 25d62.4%48.0%87.4%87.4%60.3%
Bid-Ask Spread %11.576.3117.179.088.74
Gamma HHI0.350.290.460.320.44
Net GEX816.6K443.7K1.1M458.8K911.2K
Net DEX-50.2M-69.6M-31.0M-57.0M-69.6M
Net VEX-539.7K-615.6K-274.3K-274.3K-609.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.091.130.331.13
Total Volume19,967.052,14488,68749,1147,493
Total OI371,165.6254,177441,001254,177328,275

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-09-03$9.19$8.0070.8%20.3%41.0%74.1%77.0%7.4%9.7%458.8K-57.0M-274.3K0.339.08N/AN/A36,83112,283142,219111,958
2013-09-04$8.60$8.0077.0%22.1%49.1%83.3%76.5%-2.1%-2.7%443.7K-32.0M-303.9K0.5411.90N/AN/A57,73230,955150,744121,289
2013-09-05$8.46$8.0069.2%19.8%49.8%71.6%67.8%3.3%2.5%488.1K-31.0M-385.6K0.4413.91N/AN/A42,94518,755178,197147,254
2013-09-06$8.49$8.0064.5%19.7%49.8%64.5%67.6%-1.8%-1.7%671.9K-41.8M-514.0K0.2315.41N/AN/A17,5744,012216,309164,052
2013-09-09$8.59$8.0059.1%19.3%49.8%56.3%53.2%-0.6%-4.0%923.8K-48.2M-514.6K0.7912.94N/AN/A11,5569,126226,058166,251
2013-09-10$8.59$8.0062.9%18.7%48.5%62.1%61.6%0.0%1.0%865.4K-51.2M-540.6K0.2816.04N/AN/A20,3935,714233,570172,289
2013-09-11$8.48$8.0063.8%17.8%48.9%63.5%65.5%4.5%2.5%897.8K-46.0M-555.7K0.8117.17N/AN/A3,2722,637238,664177,597
2013-09-12$8.44$8.0059.5%17.1%48.7%57.0%61.5%4.8%6.2%873.9K-45.2M-557.7K0.4514.59N/AN/A4,3761,979240,148178,937
2013-09-13$8.54$8.0056.8%16.3%48.7%52.9%59.9%10.6%7.4%966.0K-47.5M-555.7K0.1115.92N/AN/A13,8721,539241,178180,338
2013-09-16$8.51$8.0059.9%17.2%48.8%57.6%58.9%7.1%1.3%1.1M-48.2M-570.7K0.187.81N/AN/A8,2441,480251,675181,192
2013-09-17$8.50$8.0059.3%17.0%47.5%56.6%59.1%1.3%0.7%1.0M-51.4M-586.8K0.699.41N/AN/A13,2209,102255,557180,125
2013-09-18$8.48$9.0055.0%15.8%44.8%50.2%54.2%-2.4%2.8%1.0M-41.0M-605.5K0.3612.45N/AN/A7,5162,698255,367185,634
2013-09-19$8.40$9.0047.2%13.5%44.5%38.4%49.3%-6.1%12.2%822.5K-36.1M-591.0K0.0912.05N/AN/A4,719445252,902184,391
2013-09-20$8.38$8.0048.3%13.9%44.1%40.1%50.0%-5.1%9.6%672.6K-37.5M-582.9K0.356.31N/AN/A8,4322,979253,419183,805
2013-09-23$8.49$8.0049.9%14.3%44.3%42.5%51.5%2.5%4.3%762.2K-51.8M-596.2K0.268.23N/AN/A8,9322,348204,962112,891
2013-09-24$8.73$8.0050.8%14.6%44.0%43.8%49.7%-5.1%2.7%848.3K-66.0M-607.9K0.338.53N/AN/A12,9014,228210,139113,422
2013-09-25$8.73$8.0048.9%14.0%42.4%40.9%48.3%-4.9%3.1%849.4K-67.7M-611.7K0.239.74N/AN/A3,483809212,856113,961
2013-09-26$8.76$8.0047.1%13.5%42.3%38.3%50.0%-3.0%5.1%890.2K-68.8M-613.7K0.348.76N/AN/A1,595549213,156114,334
2013-09-27$8.66$8.0052.5%15.1%42.4%46.4%52.1%-0.4%2.1%844.6K-65.9M-615.6K0.2112.41N/AN/A2,167450213,649114,548
2013-09-30$8.81$8.0052.9%15.2%29.5%47.0%57.8%1.2%-1.4%911.2K-69.6M-609.1K1.138.74N/AN/A3,5203,973213,649114,626