OPK Options History — February 2014

In February 2014, OPK traded between $7.58 and $9.52. ATM implied volatility averaged 51.7%, placing in the 41.1% IV rank vs the trailing year. The 30-day expected move averaged 20.2%. IV traded above realized volatility by 13.1% (HV 20d: 38.7%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 0.95.

Notable Days

  • 2014-02-28: Highest Volume — 44,294 contracts
  • 2014-02-13: Largest IV spike — 23.6% change
  • 2014-02-28: Highest IV Rank — 58.8%
  • 2014-02-03: Largest Expected Move — 23.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.37$7.58$9.52$7.65$9.52
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV51.7%41.2%64.7%56.3%64.7%
Expected Move20.2%17.6%23.0%23.0%17.6%
HV 20d38.7%30.2%45.3%34.9%40.4%
HV 60d54.0%53.0%56.4%54.4%53.7%
IV Rank41.1%26.6%58.8%47.4%58.8%
IV Percentile51.9%23.8%84.9%64.7%84.9%
Term Structure5.7%-1.1%13.3%9.9%0.2%
VWIV70.9%63.7%77.0%77.0%66.2%
Skew 25d1.2%-5.9%10.4%8.2%-1.7%
Skew 10d0.9%-23.7%15.3%-18.0%-23.7%
Call IV 25d57.2%46.3%67.0%59.4%67.0%
Put IV 25d58.4%50.3%67.6%67.6%65.3%
Bid-Ask Spread %22.4414.5335.8234.5526.27
Gamma HHI0.340.300.390.350.32
Net GEX653.5K444.7K1.2M457.4K841.2K
Net DEX10.6M-9.4M24.2M12.4M-9.4M
Net VEX-478.4K-610.8K-390.9K-438.8K-610.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.093.460.630.64
Total Volume10,940.4742,09844,2945,22344,294
Total OI349,797.737319,243377,690319,243377,690

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-02-03$7.65$5.0056.3%23.0%34.9%47.4%77.0%8.2%9.9%457.4K12.4M-438.8K0.6334.55N/AN/A3,2072,016208,888110,355
2014-02-04$7.60$5.0054.0%21.4%34.1%44.1%77.0%2.3%9.6%448.8K16.3M-413.2K0.7824.43N/AN/A1,5701,219209,895110,543
2014-02-05$7.58$5.0050.4%22.4%34.1%39.2%73.4%10.4%10.1%445.9K16.7M-416.0K0.7435.82N/AN/A5,4684,021210,884110,879
2014-02-06$7.65$5.0048.1%21.0%33.6%36.1%73.0%8.1%13.3%444.7K16.1M-443.0K1.6619.54N/AN/A7881,310215,031114,470
2014-02-07$7.74$5.0047.6%21.1%34.1%35.5%76.8%7.1%6.4%474.1K18.9M-424.1K3.4618.03N/AN/A9883,417215,626115,381
2014-02-10$7.85$5.0044.0%20.1%33.3%30.5%73.5%-1.7%9.0%496.1K17.7M-426.4K0.8218.52N/AN/A5,1294,206215,978117,238
2014-02-11$7.81$5.0041.2%20.2%32.0%26.6%71.6%0.6%13.1%461.2K20.9M-419.1K0.5520.81N/AN/A1,9021,045218,232119,697
2014-02-12$7.74$5.0043.5%20.2%30.2%29.8%76.3%-1.6%7.2%476.9K24.2M-390.9K0.8517.79N/AN/A2,6362,242218,732120,115
2014-02-13$8.39$5.0053.8%20.1%43.3%43.8%67.8%-0.6%3.5%632.5K9.9M-449.3K1.5221.88N/AN/A9,70414,705220,286120,867
2014-02-14$8.49$5.0058.1%20.6%43.5%49.7%70.9%-0.1%-1.1%746.1K8.3M-490.4K0.3421.54N/AN/A11,9724,074224,452133,132
2014-02-18$8.65$5.0055.3%20.4%44.0%45.9%66.7%4.6%3.0%865.3K3.4M-512.5K1.2314.53N/AN/A4,8485,967227,824135,059
2014-02-19$8.48$5.0056.9%20.0%43.9%48.1%0.0%1.5%-0.7%590.8K13.7M-485.2K1.1426.21N/AN/A7,0508,017230,664139,745
2014-02-20$8.71$5.0053.8%20.3%45.1%43.8%71.6%-0.0%3.6%839.9K14.8M-491.6K0.9122.30N/AN/A2,4602,237232,642143,948
2014-02-21$8.83$5.0055.7%19.6%45.3%46.5%71.3%-4.6%3.2%1.2M6.1M-532.6K0.3522.21N/AN/A8,5923,044233,251144,349
2014-02-24$8.94$5.0050.9%19.9%42.5%39.9%67.9%0.2%3.0%649.7K5.5M-515.8K0.0922.31N/AN/A7,548669218,170132,301
2014-02-25$9.06$5.0048.9%18.0%39.5%37.1%66.3%-0.5%5.6%766.1K1.5M-528.7K1.2122.57N/AN/A8,1179,813222,454132,641
2014-02-26$8.96$5.0047.4%19.6%40.0%35.2%64.5%-5.9%5.2%754.4K6.6M-544.4K0.8317.35N/AN/A4,4793,733229,231140,308
2014-02-27$9.35$5.0052.7%18.0%40.6%42.3%63.7%-3.6%4.1%822.5K-1.1M-557.3K0.2219.63N/AN/A4,418964232,379142,820
2014-02-28$9.52$5.0064.7%17.6%40.4%58.8%66.2%-1.7%0.2%841.2K-9.4M-610.8K0.6426.27N/AN/A26,99817,296234,512143,178