OPK Options History — June 2014

In June 2014, OPK traded between $8.55 and $9.47. ATM implied volatility averaged 44.9%, placing in the 31.7% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded above realized volatility by 12.7% (HV 20d: 32.2%). Max pain ranged from $8.00 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 0.75.

Notable Days

  • 2014-06-20: Highest Volume — 59,880 contracts
  • 2014-06-12: Largest IV spike — 38.7% change
  • 2014-06-16: Highest IV Rank — 43.5%
  • 2014-06-04: Largest Expected Move — 19.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.06$8.55$9.47$8.55$8.84
Max Pain$8.00$8.00$8.00$8.00$8.00
ATM IV44.9%37.4%53.5%43.3%39.2%
Expected Move16.7%15.8%19.0%18.9%16.4%
HV 20d32.2%29.2%35.3%29.2%35.3%
HV 60d36.3%34.9%37.8%35.8%35.7%
IV Rank31.7%21.5%43.5%29.6%23.9%
IV Percentile26.0%9.5%54.8%23.0%9.5%
Term Structure4.2%-1.0%10.2%2.0%4.3%
VWIV57.3%45.8%66.9%62.0%56.0%
Skew 25d-3.8%-16.2%4.0%-3.8%-16.2%
Skew 10d-3.9%-22.2%17.3%-14.4%-22.2%
Call IV 25d50.1%37.5%57.2%46.2%45.1%
Put IV 25d46.3%25.3%57.5%42.4%28.9%
Bid-Ask Spread %35.9932.3340.8436.4739.14
Gamma HHI0.450.330.640.330.51
Net GEX940.7K498.1K1.3M498.1K891.4K
Net DEX58.6M29.9M80.8M78.7M38.5M
Net VEX-533.0K-580.7K-460.4K-470.2K-533.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.123.352.123.35
Total Volume11,414.7141,63159,8805,1916,985
Total OI495,291.286418,530561,221486,684431,518

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-06-02$8.55$8.0043.3%18.9%29.2%29.6%62.0%-3.8%2.0%498.1K78.7M-470.2K2.1236.47N/AN/A1,6653,526279,559207,125
2014-06-03$8.85$8.0040.8%18.6%31.1%26.1%66.9%-16.0%2.8%554.4K80.8M-460.4K0.5036.89N/AN/A1,084547281,043209,277
2014-06-04$8.77$8.0043.8%19.0%29.5%30.1%60.1%-12.2%8.2%554.1K74.0M-503.7K0.1233.05N/AN/A11,0661,356281,495209,434
2014-06-05$9.25$8.0044.1%16.3%34.4%30.6%57.9%0.1%10.2%844.9K61.6M-532.3K0.1632.33N/AN/A10,1051,620290,962209,590
2014-06-06$9.23$8.0040.9%16.8%32.3%26.2%57.4%-1.4%4.3%948.4K64.2M-519.8K0.3937.74N/AN/A2,070805296,380210,095
2014-06-09$9.35$8.0042.9%16.7%31.4%29.0%58.0%0.7%1.5%1.0M58.9M-531.7K0.8136.07N/AN/A4,4073,583296,750210,137
2014-06-10$9.21$8.0041.5%16.7%31.8%27.1%63.1%-2.5%0.5%984.5K66.3M-523.5K0.8333.51N/AN/A1,139947299,845213,485
2014-06-11$9.07$8.0037.4%16.2%32.2%21.5%55.6%-0.1%1.7%1.0M69.1M-498.0K0.2735.98N/AN/A12,5523,342300,005213,469
2014-06-12$9.10$8.0051.9%16.2%31.1%41.3%56.5%4.0%1.1%1.1M68.3M-518.0K0.8934.20N/AN/A10,9039,663310,034215,569
2014-06-13$9.03$8.0048.5%16.4%31.4%36.6%54.4%-0.4%5.5%1.1M69.2M-553.3K0.6639.30N/AN/A1,114739316,073221,870
2014-06-16$9.20$8.0053.5%15.9%31.7%43.5%55.7%-0.5%2.9%1.3M64.0M-549.7K0.9737.83N/AN/A9,8809,536317,833222,439
2014-06-17$9.47$8.0051.9%15.8%32.2%41.3%55.3%3.0%-1.0%1.2M62.7M-558.8K0.5435.40N/AN/A7,9894,297323,515229,170
2014-06-18$9.40$8.0047.4%15.9%31.9%35.1%45.8%-4.1%8.9%1.2M61.2M-580.7K0.4840.52N/AN/A2,6681,284326,075232,031
2014-06-19$9.28$8.0050.6%15.9%32.7%39.6%57.4%-5.1%-0.1%1.0M64.2M-559.0K0.2440.84N/AN/A10,0092,429323,918231,984
2014-06-20$9.23$8.0049.4%15.9%31.6%37.9%55.6%0.1%6.2%1.1M67.0M-569.5K0.9033.21N/AN/A31,48528,395328,016233,205
2014-06-23$9.05$8.0045.4%16.9%32.0%32.3%55.4%-6.8%1.5%936.2K29.9M-572.8K0.5335.93N/AN/A3,6291,915256,120162,410
2014-06-24$8.78$8.0041.8%16.5%33.2%27.5%56.6%-3.4%8.2%822.3K38.5M-532.3K0.1834.05N/AN/A19,7273,615258,155164,076
2014-06-25$8.71$8.0043.2%16.9%33.2%29.3%53.3%-7.9%4.1%810.5K41.0M-526.9K0.5133.47N/AN/A4,0102,058259,487167,128
2014-06-26$8.88$8.0041.3%15.9%34.0%26.7%64.3%-8.6%8.7%907.8K40.6M-543.9K0.2333.48N/AN/A2,439562261,423168,910
2014-06-27$9.10$8.0043.5%16.7%33.6%29.8%55.5%0.8%6.0%994.0K31.9M-556.3K0.9736.36N/AN/A2,3132,251262,279169,228
2014-06-30$8.84$8.0039.2%16.4%35.3%23.9%56.0%-16.2%4.3%891.4K38.5M-533.1K3.3539.14N/AN/A1,6045,381262,279169,239