OPK Options History — January 2014

In January 2014, OPK traded between $7.93 and $9.00. ATM implied volatility averaged 55.1%, placing in the 45.6% IV rank vs the trailing year. The 30-day expected move averaged 21.5%. IV traded above realized volatility by 9.6% (HV 20d: 45.5%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.79.

Notable Days

  • 2014-01-15: Highest Volume — 29,317 contracts
  • 2014-01-16: Largest IV spike — 33.7% change
  • 2014-01-08: Highest IV Rank — 65.9%
  • 2014-01-06: Largest Expected Move — 22.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.52$7.93$9.00$8.41$7.93
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV55.1%37.9%69.9%69.5%50.9%
Expected Move21.5%20.5%22.9%22.0%21.3%
HV 20d45.5%26.3%76.5%75.9%34.1%
HV 60d59.3%54.0%67.4%67.4%54.0%
IV Rank45.6%22.1%65.9%65.4%40.0%
IV Percentile61.0%19.4%93.7%93.7%50.8%
Term Structure8.6%1.6%13.2%3.3%11.6%
VWIV73.6%47.8%88.6%80.0%71.0%
Skew 25d6.3%1.4%12.4%12.4%7.6%
Skew 10d12.0%-12.4%32.6%31.5%-8.0%
Call IV 25d55.1%45.0%67.3%67.3%49.9%
Put IV 25d61.4%49.0%79.8%79.8%57.5%
Bid-Ask Spread %24.1914.9542.5122.2522.73
Gamma HHI0.360.290.460.350.34
Net GEX633.6K343.3K1.2M378.1K503.8K
Net DEX-1.6M-17.0M9.4M2.3M9.4M
Net VEX-465.4K-506.1K-409.6K-492.1K-452.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.142.170.500.81
Total Volume9,684.4761,55229,3174,9854,686
Total OI374,654.714263,508472,776426,025315,643

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-01-02$8.41$5.0069.5%22.0%75.9%65.4%80.0%12.4%3.3%378.1K2.3M-492.1K0.5022.25N/AN/A3,3161,669258,285167,740
2014-01-03$8.58$5.0060.3%21.7%76.4%52.7%74.2%10.5%1.6%663.7K-4.1M-506.1K0.9520.35N/AN/A3,0332,885259,357168,411
2014-01-06$8.36$5.0067.8%22.9%76.5%63.1%81.3%7.9%2.5%343.3K4.3M-469.9K0.5226.01N/AN/A4,2702,209260,726169,716
2014-01-07$8.35$5.0062.7%21.7%73.5%56.1%78.2%7.4%8.5%358.9K4.7M-462.0K0.4614.95N/AN/A4,7202,174262,311171,564
2014-01-08$8.48$5.0069.9%22.4%70.3%65.9%79.6%6.2%5.2%463.6K872.8K-463.4K0.7526.55N/AN/A2,4601,855264,144172,591
2014-01-09$8.43$5.0063.6%22.0%70.4%57.3%71.3%6.5%9.5%462.4K4.3M-452.9K0.5615.43N/AN/A6,9783,920265,053173,614
2014-01-10$8.63$5.0055.4%22.1%47.0%46.0%79.8%6.1%9.4%888.8K210.8K-465.7K1.6523.60N/AN/A2,4043,975268,319176,176
2014-01-13$8.80$5.0065.4%21.6%46.1%59.8%88.6%6.6%10.0%1.1M-4.9M-481.3K0.2717.20N/AN/A10,1992,726268,481178,047
2014-01-14$9.00$5.0055.0%21.8%43.6%45.5%69.4%3.8%8.0%1.2M-7.8M-483.3K0.1423.48N/AN/A8,4211,137269,493179,323
2014-01-15$8.85$5.0037.9%21.4%43.7%22.1%47.8%5.8%7.6%876.1K-1.5M-467.2K1.0827.21N/AN/A14,12015,197269,626179,186
2014-01-16$8.80$5.0050.6%22.2%32.9%39.6%0.0%5.0%10.7%781.2K4.6M-461.0K0.9021.04N/AN/A9,1008,153275,661183,846
2014-01-17$8.72$5.0049.0%20.8%26.9%37.3%80.2%4.7%11.0%718.8K8.4M-480.0K2.1725.58N/AN/A4,4729,684282,253190,523
2014-01-21$8.89$5.0047.1%20.5%27.8%34.7%70.8%2.3%10.1%590.2K-17.0M-470.0K0.6919.05N/AN/A5,8574,024175,34588,163
2014-01-22$8.91$5.0042.8%21.2%26.3%28.8%60.8%4.0%13.2%642.5K-14.9M-473.8K0.2542.51N/AN/A3,428872179,71091,419
2014-01-23$8.83$5.0043.9%20.7%26.4%30.3%69.8%1.4%10.9%654.9K-15.0M-483.8K1.0827.87N/AN/A745807181,97891,984
2014-01-24$8.46$5.0051.5%21.0%30.1%40.8%73.8%7.0%9.6%573.4K-8.6M-467.1K0.6421.98N/AN/A2,3801,516182,23192,650
2014-01-27$8.13$5.0053.4%21.1%31.7%43.3%70.3%5.1%8.8%506.7K-2.1M-437.1K0.6730.64N/AN/A8,0715,417183,40693,598
2014-01-28$8.17$5.0058.7%21.1%30.8%50.6%77.1%8.3%7.6%549.8K-4.3M-436.8K0.7921.32N/AN/A3,8423,016189,16793,058
2014-01-29$7.97$5.0050.5%22.2%31.6%39.3%73.7%7.7%12.4%481.3K3.3M-409.6K1.0036.24N/AN/A10,34610,398191,99195,602
2014-01-30$8.15$5.0050.6%20.9%32.9%39.5%74.2%5.7%8.6%538.9K4.0M-457.3K0.6621.99N/AN/A5,3683,524201,882105,476
2014-01-31$7.93$5.0050.9%21.3%34.1%40.0%71.0%7.6%11.6%503.8K9.4M-452.7K0.8122.73N/AN/A2,5942,092206,747108,896