OPK Options History — April 2016

In April 2016, OPK traded between $10.32 and $11.27. ATM implied volatility averaged 48.7%, placing in the 28.3% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 1.1% (HV 20d: 47.6%). Max pain ranged from $9.00 to $10.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 1.10.

Notable Days

  • 2016-04-08: Highest Volume — 47,914 contracts
  • 2016-04-11: Largest IV drop — 9.7% change
  • 2016-04-01: Highest IV Rank — 41.2%
  • 2016-04-04: Largest Expected Move — 16.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.84$10.32$11.27$10.42$10.73
Max Pain$9.60$9.00$10.50$10.50$10.50
ATM IV48.7%44.5%55.3%55.3%46.7%
Expected Move14.4%12.7%16.9%16.2%13.9%
HV 20d47.6%21.9%56.8%56.8%22.1%
HV 60d50.1%47.6%55.1%55.1%47.6%
IV Rank28.3%20.1%41.2%41.2%24.4%
IV Percentile36.0%21.4%60.7%60.7%27.8%
Term Structure3.8%-4.9%22.3%2.1%-1.4%
VWIV51.1%45.2%65.0%65.0%47.2%
Skew 25d6.0%-1.7%23.4%7.2%5.4%
Skew 10d3.0%-15.9%33.8%11.9%-1.5%
Call IV 25d48.2%40.9%55.1%55.1%44.5%
Put IV 25d54.1%44.2%64.4%62.4%49.9%
Bid-Ask Spread %85.1073.5795.9487.2492.10
Gamma HHI0.180.150.220.150.17
Net GEX1.4M958.9K1.8M1.3M1.0M
Net DEX39.3M32.7M56.7M34.0M56.7M
Net VEX-713.9K-781.7K-620.5K-661.7K-620.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.403.290.900.65
Total Volume18,831.3336,51747,91433,53813,498
Total OI437,125.857414,826464,547428,382426,188

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-04-01$10.42$10.5055.3%16.2%56.8%41.2%65.0%7.2%2.1%1.3M34.0M-661.7K0.9087.24N/AN/A17,63715,901263,317165,065
2016-04-04$10.40$9.0053.8%16.9%56.7%38.3%55.0%6.9%6.4%1.3M39.7M-663.7K3.1083.28N/AN/A4,59914,238261,631167,433
2016-04-05$10.32$9.0053.8%16.5%53.9%38.3%56.5%7.8%4.4%1.4M42.7M-671.1K1.5683.47N/AN/A9,85715,406262,384167,935
2016-04-06$10.66$9.0051.5%15.8%54.3%33.7%53.4%23.4%22.3%1.6M37.6M-702.8K1.1486.91N/AN/A16,00318,257268,721173,970
2016-04-07$10.66$9.0052.3%15.9%54.3%35.2%55.8%12.0%-0.2%1.8M40.7M-749.0K1.1878.04N/AN/A15,25517,954280,322184,225
2016-04-08$10.73$9.0053.1%14.7%54.1%37.0%54.8%2.6%7.8%1.4M32.7M-781.7K0.9777.30N/AN/A24,34623,568279,997183,224
2016-04-11$10.76$9.0048.0%15.0%53.6%26.9%56.2%2.6%8.6%1.5M35.1M-780.7K3.2983.80N/AN/A5,82219,174278,423184,372
2016-04-12$10.79$9.0048.2%15.1%53.6%27.3%52.9%5.7%7.1%1.5M38.9M-760.7K0.8978.94N/AN/A10,2659,158279,225184,676
2016-04-13$10.97$9.0050.5%14.6%52.7%31.9%52.0%3.2%0.5%1.6M38.1M-725.7K0.9680.82N/AN/A9,8059,390276,551181,729
2016-04-14$10.81$9.0047.6%13.6%52.4%26.1%49.8%-1.7%2.6%1.6M35.7M-741.3K1.3173.57N/AN/A7,1239,305277,429182,070
2016-04-15$10.80$9.0044.5%13.7%50.8%20.1%49.8%9.9%6.8%958.9K38.2M-731.2K0.7674.62N/AN/A10,8508,194277,962182,231
2016-04-18$11.01$10.0046.5%13.5%48.9%23.9%49.1%2.3%8.8%1.1M41.8M-711.5K0.7582.32N/AN/A6,1104,554248,081166,745
2016-04-19$10.94$10.0047.0%13.5%48.7%24.9%47.5%3.5%5.8%1.1M40.6M-723.3K0.6584.22N/AN/A7,2674,716249,926167,230
2016-04-20$11.04$10.0045.6%13.1%47.3%22.2%45.2%3.0%1.3%1.3M40.0M-713.9K0.9989.76N/AN/A4,4574,415252,868167,777
2016-04-21$11.27$10.0046.6%13.4%47.5%24.1%46.2%8.3%0.2%1.3M34.1M-743.7K0.5095.94N/AN/A7,2843,622253,655167,850
2016-04-22$11.25$10.0046.3%13.2%47.4%23.6%46.3%6.9%1.3%1.3M33.5M-738.6K0.7086.05N/AN/A4,8293,370255,485168,005
2016-04-25$11.11$10.0048.7%13.3%47.5%28.2%48.8%11.3%-4.9%1.3M37.7M-708.8K0.9889.95N/AN/A3,2853,232253,576167,826
2016-04-26$11.22$10.0045.9%13.1%47.4%22.8%46.2%4.9%-3.1%1.3M34.7M-720.7K0.6690.93N/AN/A5,0413,319254,065168,001
2016-04-27$10.92$10.0045.8%12.7%27.1%22.6%45.3%0.8%1.2%1.5M45.5M-672.1K0.4094.73N/AN/A9,7023,910255,133168,178
2016-04-28$10.81$10.5045.3%13.6%21.9%21.5%49.3%-1.0%1.1%1.4M46.3M-669.1K0.7793.08N/AN/A6,0544,686257,049169,113
2016-04-29$10.73$10.5046.7%13.9%22.1%24.4%47.2%5.4%-1.4%1.0M56.7M-620.5K0.6592.10N/AN/A8,1695,329257,059169,129