OPK Options History — February 2016

In February 2016, OPK traded between $7.68 and $9.29. ATM implied volatility averaged 66.8%, placing in the 63.7% IV rank vs the trailing year. The 30-day expected move averaged 18.9%. IV traded above realized volatility by 11.8% (HV 20d: 55.0%). Max pain ranged from $8.50 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 1.70.

Notable Days

  • 2016-02-29: Highest Volume — 63,255 contracts
  • 2016-02-26: Largest IV spike — 32.0% change
  • 2016-02-26: Highest IV Rank — 97.6%
  • 2016-02-11: Largest Expected Move — 21.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.40$7.68$9.29$7.93$9.29
Max Pain$9.78$8.50$10.00$8.50$10.00
ATM IV66.8%59.8%84.2%59.8%61.4%
Expected Move18.9%16.2%21.9%16.2%20.1%
HV 20d55.0%46.4%60.1%46.4%57.7%
HV 60d48.0%44.3%51.1%44.3%51.0%
IV Rank63.7%49.9%97.6%49.9%53.0%
IV Percentile93.6%81.7%99.6%86.5%84.9%
Term Structure0.1%-6.8%7.4%-2.5%-2.5%
VWIV68.4%58.4%77.7%60.3%71.1%
Skew 25d5.1%-14.3%13.1%3.9%6.5%
Skew 10d14.1%-17.1%71.3%31.7%22.1%
Call IV 25d66.1%56.9%78.8%63.2%61.8%
Put IV 25d71.2%58.5%83.2%67.1%68.3%
Bid-Ask Spread %85.8480.5297.3297.3288.37
Gamma HHI0.250.180.380.250.28
Net GEX304.7K40.7K630.9K85.5K630.9K
Net DEX27.3M14.4M38.7M34.9M18.3M
Net VEX-352.4K-432.1K-256.6K-274.3K-431.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.700.864.201.420.92
Total Volume28,480.112,27963,25547,08763,255
Total OI259,275.8225,153292,496225,153292,496

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-02-01$7.93$8.5059.8%16.2%46.4%49.9%60.3%3.9%-2.5%85.5K34.9M-274.3K1.4297.32N/AN/A19,43627,651129,46895,685
2016-02-02$7.68$8.5062.7%17.3%47.0%55.7%62.1%7.1%0.3%41.9K36.7M-256.6K1.3297.28N/AN/A21,21627,995130,87796,190
2016-02-03$7.81$8.5061.1%16.7%48.2%52.5%58.4%11.0%3.5%40.7K38.7M-257.5K4.2094.21N/AN/A6,31526,498131,48198,079
2016-02-04$8.44$10.0062.8%18.4%50.9%55.8%62.5%4.8%6.3%180.4K31.8M-298.5K2.0183.14N/AN/A11,88723,866132,29898,438
2016-02-05$8.21$10.0065.5%18.3%50.7%61.0%63.0%5.1%-4.5%157.7K32.9M-308.7K2.1785.84N/AN/A11,43224,858135,685100,417
2016-02-08$7.72$10.0067.5%19.9%54.7%65.1%71.6%5.6%6.4%89.8K34.9M-289.5K2.2083.95N/AN/A10,27822,628138,872100,092
2016-02-09$7.78$10.0072.9%20.3%54.7%75.6%70.8%5.9%-0.3%127.4K33.8M-292.1K2.5685.39N/AN/A8,78322,442140,800100,214
2016-02-10$7.84$10.0071.7%20.3%54.4%73.3%76.5%7.8%0.2%154.1K28.0M-331.1K1.0583.56N/AN/A10,08710,563143,452100,214
2016-02-11$8.00$10.0076.5%21.9%52.1%82.6%77.6%13.1%-3.2%231.5K25.6M-340.6K0.8683.31N/AN/A13,31811,424146,899101,325
2016-02-12$7.88$10.0072.1%21.2%52.3%74.0%77.7%-3.6%4.8%169.3K24.5M-346.3K1.6283.04N/AN/A6,61510,719153,021102,168
2016-02-16$7.97$10.0072.0%20.5%52.5%73.8%76.0%8.2%7.4%171.9K25.9M-334.5K1.5381.86N/AN/A7,10810,880152,067101,829
2016-02-17$8.77$10.0065.8%18.9%60.0%61.7%68.6%11.4%-0.1%424.4K14.4M-389.9K1.1181.38N/AN/A21,71624,051153,167101,971
2016-02-18$8.75$10.0066.2%18.8%60.1%62.4%68.9%3.7%1.2%520.5K22.3M-403.2K1.5180.52N/AN/A8,36612,632168,192114,715
2016-02-19$8.78$10.0065.3%19.2%60.0%60.8%68.5%10.4%-2.7%377.2K24.5M-421.3K1.5880.57N/AN/A6,1829,775172,586117,877
2016-02-22$9.14$10.0062.5%17.7%59.7%55.3%62.8%11.4%-2.6%505.8K24.1M-418.4K1.2181.88N/AN/A8,0219,729166,499113,141
2016-02-23$8.84$10.0059.8%18.0%59.7%50.0%66.1%4.5%-2.8%493.9K26.8M-393.7K1.2185.44N/AN/A6,3717,737171,756113,432
2016-02-24$8.85$10.0062.7%18.4%59.7%55.7%66.0%4.0%-2.2%497.0K26.9M-404.3K1.5586.33N/AN/A5,0797,892173,850114,202
2016-02-25$9.13$10.0063.8%18.5%59.7%57.8%66.4%-3.7%3.0%581.0K21.8M-424.4K1.5485.41N/AN/A4,8427,437175,374114,802
2016-02-26$9.29$10.0084.2%18.1%59.0%97.6%73.6%-14.3%-6.8%612.5K19.3M-432.1K2.4388.08N/AN/A5,98014,538176,913114,972
2016-02-29$9.29$10.0061.4%20.1%57.7%53.0%71.1%6.5%-2.5%630.9K18.3M-431.5K0.9288.37N/AN/A32,88030,375176,992115,504