OPK Options History — November 2014

In November 2014, OPK traded between $8.12 and $8.61. ATM implied volatility averaged 35.3%, placing in the 7.3% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 14.5% (HV 20d: 20.8%). Max pain ranged from $8.00 to $8.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 1.84.

Notable Days

  • 2014-11-10: Highest Volume — 14,907 contracts
  • 2014-11-28: Largest IV spike — 36.1% change
  • 2014-11-10: Highest IV Rank — 14.1%
  • 2014-11-10: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.33$8.12$8.61$8.36$8.38
Max Pain$8.00$8.00$8.00$8.00$8.00
ATM IV35.3%25.8%41.4%34.3%35.1%
Expected Move10.9%9.8%11.9%11.8%10.1%
HV 20d20.8%17.6%25.3%25.3%18.7%
HV 60d21.6%20.5%22.2%21.5%21.7%
IV Rank7.3%0.0%14.1%5.7%10.4%
IV Percentile9.1%0.0%29.8%4.8%9.9%
Term Structure-1.8%-7.8%6.2%2.5%-3.3%
VWIV42.3%37.1%46.4%46.2%37.1%
Skew 25d0.3%-9.2%11.1%-7.9%11.1%
Skew 10d4.8%-4.9%15.4%-0.1%9.7%
Call IV 25d34.4%19.1%42.1%38.5%21.1%
Put IV 25d34.7%22.5%41.6%30.6%32.2%
Bid-Ask Spread %44.3624.3896.5637.5637.16
Gamma HHI0.520.410.580.520.47
Net GEX710.5K291.8K1.0M765.5K433.9K
Net DEX39.7M28.4M47.8M33.7M45.3M
Net VEX-321.2K-371.3K-255.0K-368.0K-264.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.840.266.823.830.40
Total Volume9,240.78949714,90711,672750
Total OI389,375.684383,075396,178384,704387,193

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-11-03$8.36$8.0034.3%11.8%25.3%5.7%46.2%-7.9%2.5%765.5K33.7M-368.0K3.8337.56N/AN/A2,4169,256243,071141,633
2014-11-04$8.37$8.0036.6%11.1%24.8%8.4%46.4%-9.2%-2.7%721.2K39.2M-339.1K3.3255.25N/AN/A2,2277,394243,268141,758
2014-11-05$8.36$8.0039.3%11.5%22.5%11.5%46.4%-8.2%-2.6%793.4K34.1M-365.6K3.2950.49N/AN/A2,2617,437243,390142,359
2014-11-06$8.41$8.0034.0%11.3%20.5%5.4%44.5%-4.1%-5.0%775.3K34.1M-350.4K3.2324.38N/AN/A2,1767,031243,447142,591
2014-11-07$8.30$8.0037.3%11.5%20.5%9.3%41.1%-8.2%-5.5%795.2K35.9M-347.7K1.8574.15N/AN/A3,9487,323243,651142,926
2014-11-10$8.61$8.0041.4%11.9%24.1%14.1%43.6%4.6%-0.4%1.0M28.4M-371.3K1.2978.60N/AN/A6,5058,402244,893141,694
2014-11-11$8.51$8.0038.0%10.9%22.0%10.1%43.2%4.8%-7.8%1.0M31.1M-352.7K1.4677.77N/AN/A5,4577,984243,776139,299
2014-11-12$8.37$8.0037.2%11.0%22.6%9.1%42.4%-3.1%-4.4%929.6K35.3M-362.4K1.4637.84N/AN/A5,6398,239249,113145,033
2014-11-13$8.33$8.0034.6%10.9%21.0%6.1%43.0%-4.6%-1.2%889.1K39.0M-338.9K1.4828.48N/AN/A5,4017,994249,136145,475
2014-11-14$8.29$8.0036.1%10.8%20.9%7.8%38.6%1.4%1.3%770.8K42.9M-311.5K1.0329.81N/AN/A245252249,427145,544
2014-11-17$8.23$8.0034.4%10.8%20.5%5.8%45.3%2.9%6.2%776.7K38.0M-344.8K0.9129.72N/AN/A5,0994,644248,907144,335
2014-11-18$8.24$8.0034.2%10.9%20.5%5.6%43.1%8.0%-1.6%662.6K45.1M-303.7K0.7133.02N/AN/A6,5684,638248,962144,641
2014-11-19$8.16$8.0035.1%10.8%19.1%6.7%38.0%7.1%-4.5%497.5K47.8M-280.9K6.8228.30N/AN/A2942,004250,638144,678
2014-11-20$8.12$8.0033.5%10.5%17.6%4.7%44.4%1.1%-0.4%628.9K44.3M-297.7K1.4130.55N/AN/A6,0168,472250,135145,183
2014-11-21$8.14$8.0033.4%10.3%17.6%4.7%43.3%5.5%-2.5%600.6K45.9M-298.0K0.8831.70N/AN/A7,4386,548250,593145,585
2014-11-24$8.30$8.0033.5%10.3%19.1%4.8%38.0%3.0%-0.6%552.9K45.9M-271.3K0.4529.61N/AN/A1,155524246,856137,649
2014-11-25$8.35$8.0037.2%10.5%19.0%9.1%41.5%-2.1%-3.5%589.7K42.7M-279.2K0.8731.81N/AN/A6,5295,676247,173137,737
2014-11-26$8.37$8.0025.8%9.8%18.7%0.0%38.0%3.4%2.3%291.8K45.9M-255.0K0.2696.56N/AN/A1,291342248,511137,878
2014-11-28$8.38$8.0035.1%10.1%18.7%10.4%37.1%11.1%-3.3%433.9K45.3M-264.7K0.4037.16N/AN/A535215249,106138,087