OPK Options History — January 2016

In January 2016, OPK traded between $7.70 and $10.00. ATM implied volatility averaged 58.3%, placing in the 50.3% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 13.4% (HV 20d: 44.9%). Max pain ranged from $8.50 to $11.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 1.55.

Notable Days

  • 2016-01-08: Highest Volume — 50,642 contracts
  • 2016-01-11: Largest IV spike — 13.7% change
  • 2016-01-15: Highest IV Rank — 66.2%
  • 2016-01-19: Largest Expected Move — 18.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.42$7.70$10.00$10.00$8.04
Max Pain$9.61$8.50$11.00$11.00$8.50
ATM IV58.3%48.3%66.7%50.2%58.6%
Expected Move16.5%13.4%18.6%13.8%16.2%
HV 20d44.9%38.7%51.3%45.4%46.5%
HV 60d46.2%43.7%49.8%47.0%44.3%
IV Rank50.3%33.1%66.2%36.5%47.7%
IV Percentile82.5%54.0%97.6%62.3%83.3%
Term Structure0.2%-4.3%5.4%1.3%-1.3%
VWIV57.6%44.2%68.0%44.2%59.6%
Skew 25d3.7%-9.1%9.4%-0.7%-4.4%
Skew 10d8.3%-17.2%34.8%23.7%-1.8%
Call IV 25d60.1%52.8%67.8%61.4%60.8%
Put IV 25d63.8%52.0%74.7%60.7%56.4%
Bid-Ask Spread %96.5589.87107.4898.0589.99
Gamma HHI0.340.190.720.670.24
Net GEX488.5K65.7K2.4M2.2M100.0K
Net DEX68.4M15.9M117.9M81.9M35.3M
Net VEX-268.0K-324.2K-231.2K-324.2K-263.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.550.404.133.624.13
Total Volume27,916.6848,47250,64217,83510,930
Total OI355,505.368155,625518,760483,795222,393

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-01-04$10.00$11.0050.2%13.8%45.4%36.5%44.2%-0.7%1.3%2.2M81.9M-324.2K3.6298.05N/AN/A3,86313,972294,928188,867
2016-01-05$9.88$11.0048.3%13.4%44.5%33.1%45.9%-9.1%0.4%2.4M91.1M-321.5K1.6498.41N/AN/A5,3238,735295,178193,922
2016-01-06$9.12$11.0050.2%14.7%51.3%36.4%51.1%2.2%-0.5%1.0M100.5M-295.4K1.73102.81N/AN/A8,34514,454296,050194,333
2016-01-07$8.84$11.0054.4%15.5%51.0%44.0%55.0%9.4%0.3%833.4K109.1M-274.4K1.3593.59N/AN/A6,3778,626300,391196,683
2016-01-08$8.79$10.0049.6%14.2%50.3%35.4%52.6%8.9%0.8%892.2K108.9M-269.6K0.93101.77N/AN/A26,21924,423301,017196,620
2016-01-11$8.61$10.0056.4%15.8%50.2%47.7%57.6%1.4%1.2%396.4K114.8M-289.0K1.5396.05N/AN/A16,04324,495310,181202,646
2016-01-12$8.73$10.0059.7%16.2%49.9%53.6%56.6%4.3%-4.3%226.2K114.7M-259.9K0.88100.11N/AN/A16,31214,305310,900202,354
2016-01-13$8.28$10.0058.1%17.7%44.3%50.7%57.8%7.1%4.9%65.7K116.9M-262.8K0.4899.82N/AN/A17,2158,242312,655202,869
2016-01-14$8.23$9.0064.6%18.1%43.6%62.5%62.6%6.8%-2.8%66.4K117.9M-253.6K0.4089.87N/AN/A16,0626,498314,609202,711
2016-01-15$8.23$9.0066.7%18.5%38.7%66.2%66.1%8.3%-3.8%165.5K111.2M-247.1K0.9392.72N/AN/A17,70616,481316,043202,717
2016-01-19$7.85$9.0065.2%18.6%40.9%63.6%67.1%2.6%3.8%145.6K16.3M-233.7K0.7490.37N/AN/A4,8633,60995,21860,407
2016-01-20$7.89$9.0064.6%18.5%41.3%62.4%68.0%9.2%1.2%150.0K15.9M-243.1K1.3391.77N/AN/A4,9066,53997,41661,205
2016-01-21$7.86$9.0059.9%17.2%39.5%53.9%67.4%3.0%-0.5%105.8K18.2M-231.2K0.9791.83N/AN/A14,65414,19598,18664,561
2016-01-22$8.21$9.0057.6%16.6%43.9%49.9%55.8%6.2%-1.5%161.7K19.3M-278.8K3.6492.47N/AN/A3,76213,702108,69574,234
2016-01-25$7.94$9.0059.6%17.1%43.4%50.5%55.0%3.7%5.4%123.9K22.5M-254.4K1.24100.54N/AN/A19,71624,447108,37973,869
2016-01-26$7.99$9.0061.7%17.1%43.4%54.5%59.4%3.2%-0.2%128.0K35.2M-263.2K1.2897.65N/AN/A19,53525,030125,56190,951
2016-01-27$7.85$9.0059.6%16.2%43.4%50.6%53.3%3.8%0.6%69.5K35.7M-263.4K1.22107.48N/AN/A20,26124,685126,06191,982
2016-01-28$7.70$9.0062.4%17.1%41.7%55.9%59.2%4.3%-0.2%73.4K35.0M-263.4K1.4199.19N/AN/A19,03526,852127,52392,287
2016-01-29$8.04$8.5058.6%16.2%46.5%47.7%59.6%-4.4%-1.3%100.0K35.3M-263.1K4.1389.99N/AN/A2,1308,800128,08194,312