OPK Options History — March 2014

In March 2014, OPK traded between $8.96 and $9.96. ATM implied volatility averaged 53.8%, placing in the 43.8% IV rank vs the trailing year. The 30-day expected move averaged 18.5%. IV traded above realized volatility by 16.9% (HV 20d: 36.9%). Max pain ranged from $5.00 to $8.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.69.

Notable Days

  • 2014-03-20: Highest Volume — 33,088 contracts
  • 2014-03-07: Largest IV drop — 11.4% change
  • 2014-03-03: Highest IV Rank — 58.9%
  • 2014-03-06: Largest Expected Move — 19.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.37$8.96$9.96$9.40$9.32
Max Pain$5.57$5.00$8.00$5.00$8.00
ATM IV53.8%48.0%64.8%64.8%49.2%
Expected Move18.5%17.4%19.7%18.7%17.4%
HV 20d36.9%32.9%41.5%39.0%35.9%
HV 60d41.9%35.7%53.7%53.7%36.6%
IV Rank43.8%36.0%58.9%58.9%37.5%
IV Percentile53.5%34.5%86.5%86.5%37.7%
Term Structure3.6%-2.4%9.3%-2.4%5.3%
VWIV66.1%60.4%79.5%67.4%60.4%
Skew 25d-0.4%-4.0%5.8%2.9%1.3%
Skew 10d2.2%-24.2%18.9%1.2%18.9%
Call IV 25d58.2%47.9%67.5%67.5%51.0%
Put IV 25d57.7%48.0%70.4%70.4%52.3%
Bid-Ask Spread %20.5412.3026.7223.9026.72
Gamma HHI0.380.310.600.310.42
Net GEX848.3K504.3K1.3M814.3K573.1K
Net DEX11.9M-7.4M28.2M1.2M20.2M
Net VEX-630.3K-717.1K-580.4K-636.0K-585.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.171.970.400.75
Total Volume8,558.0952,07533,0885,3233,734
Total OI418,897.476359,680469,667405,184376,432

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-03-03$9.40$5.0064.8%18.7%39.0%58.9%67.4%2.9%-2.4%814.3K1.2M-636.0K0.4023.90N/AN/A3,8041,519246,841158,343
2014-03-04$9.46$5.0060.1%18.4%35.3%52.5%79.5%3.6%3.7%879.6K4.6M-603.5K0.7314.81N/AN/A11,1168,091249,407159,597
2014-03-05$9.40$5.0055.2%18.2%35.3%45.8%69.9%-1.6%9.3%889.0K6.9M-619.3K0.6518.23N/AN/A2,4061,570254,296163,349
2014-03-06$8.99$5.0056.6%19.7%40.2%47.7%64.1%-4.0%3.5%827.9K12.1M-622.0K0.7217.51N/AN/A6,6234,762254,240163,348
2014-03-07$9.19$5.0050.1%18.7%40.5%38.9%68.7%-3.0%-1.8%881.9K11.3M-625.5K0.8915.39N/AN/A7,1176,359258,522167,679
2014-03-10$9.24$5.0053.2%18.9%40.5%43.0%64.3%-0.0%0.7%907.4K14.7M-642.8K0.4712.30N/AN/A1,410665267,477177,123
2014-03-11$9.14$5.0057.0%18.4%41.0%48.3%68.0%-0.8%1.2%890.2K14.5M-625.3K0.6619.91N/AN/A2,6221,724262,910172,265
2014-03-12$9.41$5.0053.9%18.4%41.4%44.0%62.5%1.5%2.8%999.9K11.1M-634.2K0.4518.89N/AN/A4,9562,250265,307175,010
2014-03-13$9.32$5.0058.3%18.4%41.5%50.0%0.0%-3.4%3.9%961.6K12.9M-646.9K0.6720.76N/AN/A6,8434,574266,752175,658
2014-03-14$9.66$5.0057.6%18.3%33.5%49.1%64.1%-1.2%1.7%1.1M4.1M-682.5K0.3621.03N/AN/A4,8191,757270,814179,864
2014-03-17$9.96$5.0058.4%18.4%34.5%50.2%64.3%-2.5%1.0%1.2M-7.4M-717.1K0.1721.60N/AN/A6,8791,159272,477181,396
2014-03-18$9.93$5.0055.1%18.3%34.5%45.7%69.0%-1.3%4.6%1.3M-3.9M-701.6K0.2322.97N/AN/A3,880887274,237181,944
2014-03-19$9.72$5.0052.1%17.8%34.7%41.5%0.0%-1.1%5.9%1.2M5.4M-666.7K0.1923.98N/AN/A3,362655273,355182,276
2014-03-20$9.67$5.0049.5%17.7%34.1%37.9%62.9%-2.1%5.5%1.0M21.2M-591.7K0.6723.67N/AN/A19,86713,221271,586181,308
2014-03-21$9.35$5.0051.9%18.6%36.6%41.2%68.6%-2.7%6.1%703.0K28.2M-624.5K0.5620.73N/AN/A7,4494,154279,449190,218
2014-03-24$9.29$5.0050.2%18.6%36.5%39.0%66.4%1.7%5.1%593.6K18.6M-580.4K0.7921.51N/AN/A3,3582,658219,774139,906
2014-03-25$9.29$5.0049.6%18.3%36.3%38.2%66.7%1.8%4.4%582.1K14.6M-611.1K1.2720.52N/AN/A3,3864,314221,892142,092
2014-03-26$9.08$8.0048.4%18.4%37.0%36.5%61.8%5.8%6.2%562.2K18.4M-607.7K0.7423.03N/AN/A3,8242,818223,523145,289
2014-03-27$9.05$8.0049.7%18.6%33.6%38.3%64.1%-0.1%5.5%565.3K19.5M-613.0K1.1122.56N/AN/A1,7371,929226,565147,894
2014-03-28$8.96$8.0048.0%19.4%32.9%36.0%62.8%-3.5%3.3%504.3K22.5M-599.3K1.9721.23N/AN/A1,8373,625227,396149,036
2014-03-31$9.32$8.0049.2%17.4%35.9%37.5%60.4%1.3%5.3%573.1K20.2M-585.7K0.7526.72N/AN/A2,1391,595227,396149,036