OPK Options History — September 2014

In September 2014, OPK traded between $8.19 and $8.82. ATM implied volatility averaged 38.1%, placing in the 7.6% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 19.8% (HV 20d: 18.3%). Max pain ranged from $8.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.11.

Notable Days

  • 2014-09-26: Highest Volume — 48,013 contracts
  • 2014-09-04: Largest IV spike — 31.0% change
  • 2014-09-04: Highest IV Rank — 15.7%
  • 2014-09-02: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.53$8.19$8.82$8.82$8.51
Max Pain$8.86$8.00$10.00$10.00$9.00
ATM IV38.1%32.4%44.8%35.6%37.7%
Expected Move12.6%12.1%13.1%13.1%12.2%
HV 20d18.3%14.1%22.5%22.1%21.9%
HV 60d24.3%22.1%25.8%25.4%22.7%
IV Rank7.6%0.7%15.7%4.5%7.1%
IV Percentile10.5%0.8%25.4%4.0%8.7%
Term Structure1.4%-6.4%12.2%-0.0%1.1%
VWIV45.0%43.1%51.0%46.8%43.8%
Skew 25d-2.3%-16.5%10.3%-5.5%5.5%
Skew 10d1.8%-15.5%15.0%4.2%10.5%
Call IV 25d37.5%29.4%44.9%31.1%29.4%
Put IV 25d35.2%25.5%44.7%25.6%34.9%
Bid-Ask Spread %57.7340.5582.6144.9563.62
Gamma HHI0.520.450.650.490.65
Net GEX650.6K562.5K826.5K651.8K804.2K
Net DEX43.0M-17.7M77.0M57.3M17.6M
Net VEX-380.1K-430.6K-337.3K-430.6K-392.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.110.193.400.931.02
Total Volume8,899.191,78748,0133,1479,556
Total OI404,063.286238,939480,498462,018341,539

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-09-02$8.82$10.0035.6%13.1%22.1%4.5%46.8%-5.5%-0.0%651.8K57.3M-430.6K0.9344.95N/AN/A1,6301,517271,633190,385
2014-09-03$8.70$10.0034.2%12.8%22.5%2.9%46.5%10.3%3.9%652.0K58.2M-417.8K1.2252.22N/AN/A1,1021,342272,052190,137
2014-09-04$8.58$10.0044.8%12.5%21.7%15.7%46.1%-5.3%1.0%600.1K62.8M-413.4K1.2454.38N/AN/A1,2281,524272,613191,221
2014-09-05$8.51$9.0037.5%12.7%20.6%6.9%44.3%0.2%-6.4%599.4K71.3M-375.7K2.4244.61N/AN/A9232,232273,286191,028
2014-09-08$8.69$9.0034.6%12.4%19.3%3.3%51.0%-7.0%9.3%596.4K64.8M-396.2K0.5557.31N/AN/A1,152635273,334191,812
2014-09-09$8.55$9.0036.2%12.3%19.6%5.4%43.3%-1.0%0.2%619.2K65.5M-381.8K0.6251.38N/AN/A1,433883274,068191,953
2014-09-10$8.59$9.0032.4%12.7%17.3%0.7%44.8%-7.0%7.8%579.3K67.8M-380.0K0.1956.81N/AN/A4,618900274,948192,450
2014-09-11$8.62$9.0036.0%12.8%16.7%5.1%44.6%-6.7%2.5%610.0K66.5M-397.5K2.2148.87N/AN/A6281,387278,551192,338
2014-09-12$8.59$9.0038.5%12.8%16.6%8.0%47.8%9.4%0.8%649.3K70.5M-364.9K3.4040.55N/AN/A1,5515,278278,846192,387
2014-09-15$8.52$9.0039.1%12.9%16.7%8.9%44.7%-2.0%2.4%594.1K68.9M-384.2K0.6555.97N/AN/A1,200782279,810195,802
2014-09-16$8.50$9.0041.2%12.9%16.0%11.3%43.1%-4.9%-1.9%667.3K77.0M-347.7K1.1741.29N/AN/A1,8972,218280,049195,806
2014-09-17$8.54$9.0038.4%12.1%16.0%7.9%43.1%-6.5%3.8%635.9K68.2M-386.9K0.8650.12N/AN/A4,2863,678281,340197,465
2014-09-18$8.48$9.0038.8%12.5%14.7%8.5%43.4%-0.6%-0.7%673.8K72.8M-371.4K0.7547.09N/AN/A3,7562,817281,499197,164
2014-09-19$8.42$8.0036.3%12.1%14.8%5.4%43.4%-1.1%4.5%593.2K71.7M-379.5K1.1867.57N/AN/A3,8544,553282,367198,131
2014-09-22$8.29$8.0041.2%12.8%15.5%11.4%44.1%-16.5%-4.1%646.7K-9.4M-337.3K1.1756.09N/AN/A1,6781,957162,83876,101
2014-09-23$8.25$8.0039.7%12.5%14.9%9.5%44.3%-9.2%3.6%617.9K-13.2M-357.5K0.2272.04N/AN/A3,919865163,63677,660
2014-09-24$8.19$8.0040.8%12.1%14.1%10.8%45.0%-3.0%-4.5%562.5K-9.2M-342.8K0.7370.05N/AN/A2,4321,782166,68678,065
2014-09-25$8.53$8.0042.8%12.9%21.2%13.2%45.4%4.3%-4.5%700.9K-17.7M-374.1K0.6380.57N/AN/A18,55611,777167,94179,484
2014-09-26$8.60$8.0040.6%12.4%21.5%10.6%44.5%2.0%-0.9%783.1K-12.7M-376.7K1.0374.21N/AN/A23,68524,328183,26190,530
2014-09-29$8.64$9.0033.6%12.8%21.5%2.1%44.8%-3.4%12.2%826.5K3.7M-374.4K1.2082.61N/AN/A12,44714,897203,761111,352
2014-09-30$8.51$9.0037.7%12.2%21.9%7.1%43.8%5.5%1.1%804.2K17.6M-392.4K1.0263.62N/AN/A4,7394,817215,682125,857