OPK Options History — August 2014

In August 2014, OPK traded between $8.74 and $9.46. ATM implied volatility averaged 45.8%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 21.0% (HV 20d: 24.8%). Max pain ranged from $8.00 to $9.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.82.

Notable Days

  • 2014-08-08: Highest Volume — 18,901 contracts
  • 2014-08-12: Largest IV drop — 60.4% change
  • 2014-08-11: Highest IV Rank — 100.0%
  • 2014-08-08: Largest Expected Move — 16.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.01$8.74$9.46$8.74$8.90
Max Pain$8.43$8.00$9.00$9.00$8.00
ATM IV45.8%32.5%115.0%42.6%35.1%
Expected Move14.7%12.7%16.4%15.0%12.7%
HV 20d24.8%22.2%27.1%26.9%22.2%
HV 60d28.8%25.4%29.9%29.9%25.4%
IV Rank19.5%0.9%100.0%17.2%4.0%
IV Percentile20.4%0.8%100.0%13.1%3.6%
Term Structure3.3%-5.3%11.2%6.1%2.8%
VWIV51.8%42.5%57.3%54.4%42.5%
Skew 25d-2.7%-8.5%8.4%8.4%-0.7%
Skew 10d-5.5%-28.2%5.6%5.6%-2.3%
Call IV 25d47.6%36.8%73.5%40.0%40.7%
Put IV 25d44.9%34.1%65.0%48.5%39.9%
Bid-Ask Spread %46.0528.5066.0440.3649.00
Gamma HHI0.470.380.540.460.48
Net GEX860.0K660.8K1.5M727.5K663.2K
Net DEX42.7M12.7M54.5M46.5M53.9M
Net VEX-482.4K-604.9K-429.7K-493.5K-432.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.092.000.611.37
Total Volume5,863.5711,09118,9012,8792,404
Total OI456,706.048444,499474,275447,916460,943

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-08-01$8.74$9.0042.6%15.0%26.9%17.2%54.4%8.4%6.1%727.5K46.5M-493.5K0.6140.36N/AN/A1,7881,091268,789179,127
2014-08-04$8.84$9.0048.6%15.5%24.9%26.7%53.8%-6.9%4.2%785.8K42.2M-515.1K0.7949.01N/AN/A866682269,781179,575
2014-08-05$8.89$9.0047.4%15.5%24.3%24.7%55.9%-3.2%3.8%809.4K44.3M-484.1K0.2030.03N/AN/A908183270,195179,658
2014-08-06$9.05$9.0043.9%15.5%24.4%19.2%57.3%-5.3%0.0%892.1K40.3M-506.3K0.7428.50N/AN/A1,7451,285270,583179,752
2014-08-07$9.20$8.0064.4%15.8%24.9%51.7%55.8%-2.4%-1.8%883.5K36.2M-498.8K0.0936.75N/AN/A10,625924271,034179,619
2014-08-08$9.46$8.0085.3%16.4%25.2%84.9%57.0%-4.6%-5.3%1.0M15.9M-592.7K0.1132.25N/AN/A17,0131,888276,330179,770
2014-08-11$9.36$8.00115.0%16.0%24.9%100.0%55.8%-8.5%-4.7%1.2M12.7M-604.9K0.2350.03N/AN/A14,9953,404284,939180,896
2014-08-12$9.08$8.0045.6%15.3%26.9%16.6%53.5%-1.7%2.0%1.0M36.1M-518.4K0.6840.23N/AN/A7,4835,065288,453183,103
2014-08-13$9.18$9.0040.3%15.5%27.1%10.2%53.9%-3.4%10.4%1.1M35.3M-501.8K0.5833.49N/AN/A3,0121,740288,631185,644
2014-08-14$9.11$9.0041.2%15.1%26.3%11.3%53.0%-4.5%11.2%1.3M41.0M-478.6K2.0055.02N/AN/A1,3552,713287,814185,089
2014-08-15$9.08$8.0040.7%14.7%26.4%10.8%51.2%-2.0%8.1%1.5M38.3M-487.3K0.8948.85N/AN/A3,7323,323287,892184,949
2014-08-18$9.17$9.0039.8%15.1%26.4%9.6%52.0%-4.3%0.5%770.5K41.8M-476.2K1.8066.04N/AN/A1,2792,308265,482179,017
2014-08-19$9.06$9.0036.2%14.3%26.9%5.3%0.0%-2.9%5.1%742.3K44.9M-463.1K0.3256.35N/AN/A2,263735265,752180,472
2014-08-20$8.88$9.0034.5%14.3%24.1%3.3%44.4%-4.1%5.2%682.7K50.4M-451.9K0.7043.71N/AN/A3,6402,556265,602180,961
2014-08-21$8.82$8.0033.3%14.0%23.7%1.8%50.4%-2.6%3.3%706.4K53.2M-440.9K1.5643.69N/AN/A2,8964,521267,331182,489
2014-08-22$8.81$8.0032.5%13.9%23.2%0.9%47.8%-2.7%4.7%669.5K54.5M-439.9K0.9454.11N/AN/A1,062995268,539185,833
2014-08-25$8.88$8.0036.4%13.4%23.3%5.6%0.0%-6.9%1.2%673.6K51.6M-438.1K0.1846.16N/AN/A3,452635268,689186,644
2014-08-26$8.97$8.0033.0%13.5%23.1%1.5%50.9%2.5%4.5%682.0K51.1M-440.7K0.7358.79N/AN/A1,190871269,449186,978
2014-08-27$8.89$8.0033.7%13.5%22.9%2.3%46.9%-0.6%4.1%671.0K51.9M-436.9K0.6740.64N/AN/A1,115748269,857187,142
2014-08-28$8.86$8.0032.8%13.1%22.4%1.3%48.0%-0.7%4.6%660.8K54.2M-429.7K1.9363.98N/AN/A1,5863,059270,204187,820
2014-08-29$8.90$8.0035.1%12.7%22.2%4.0%42.5%-0.7%2.8%663.2K53.9M-432.3K1.3749.00N/AN/A1,0131,391271,025189,918