OPK Options History — July 2016

In July 2016, OPK traded between $9.60 and $10.03. ATM implied volatility averaged 40.2%, placing in the 11.0% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded below realized volatility by 3.6% (HV 20d: 43.7%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 1.01.

Notable Days

  • 2016-07-08: Highest Volume — 20,928 contracts
  • 2016-07-08: Largest IV drop — 8.4% change
  • 2016-07-05: Highest IV Rank — 22.9%
  • 2016-07-05: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.87$9.60$10.03$9.74$9.94
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV40.2%35.1%46.7%44.2%35.1%
Expected Move11.5%10.4%13.6%11.9%10.4%
HV 20d43.7%25.0%51.7%50.6%25.3%
HV 60d41.9%40.0%42.4%41.6%40.0%
IV Rank11.0%1.7%22.9%18.4%1.7%
IV Percentile7.4%0.4%23.4%14.7%0.4%
Term Structure-0.5%-3.3%1.8%-1.8%-0.3%
VWIV40.7%36.0%48.2%39.1%36.0%
Skew 25d5.3%1.0%8.5%4.9%8.5%
Skew 10d10.8%-11.1%31.8%-2.1%22.0%
Call IV 25d40.0%34.7%45.0%41.8%34.7%
Put IV 25d45.2%38.3%51.7%46.7%43.2%
Bid-Ask Spread %93.2784.23109.06107.83109.06
Gamma HHI0.270.250.290.250.27
Net GEX777.2K661.7K864.9K661.7K814.8K
Net DEX38.2M29.8M42.2M29.8M41.1M
Net VEX-547.9K-588.7K-519.8K-576.9K-522.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.010.781.230.800.92
Total Volume17,857.8516,04720,92820,78316,723
Total OI348,317.6330,624352,931330,624352,931

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-07-01$9.74$10.0044.2%11.9%50.6%18.4%39.1%4.9%-1.8%661.7K29.8M-576.9K0.80107.83N/AN/A11,5509,233204,618126,006
2016-07-05$9.60$10.0046.7%13.6%50.8%22.9%47.6%8.4%-3.3%665.4K37.4M-564.1K1.1488.51N/AN/A9,02510,261211,173132,065
2016-07-06$9.87$10.0045.9%12.9%51.7%21.3%48.2%6.8%-2.2%679.8K37.3M-570.7K1.0689.74N/AN/A9,2759,794211,039133,377
2016-07-07$9.84$10.0045.6%12.8%51.6%20.8%47.5%8.2%0.0%704.2K33.5M-588.7K1.2085.25N/AN/A8,2649,912211,853133,588
2016-07-08$9.88$10.0041.8%12.2%51.1%13.9%42.5%7.9%-0.2%754.2K40.2M-534.7K1.2095.84N/AN/A9,53411,394212,287133,671
2016-07-11$9.81$10.0040.1%11.3%49.4%10.8%42.0%7.3%-1.3%757.4K38.8M-546.5K1.1687.83N/AN/A8,4389,768213,105135,258
2016-07-12$9.90$10.0040.9%11.4%49.4%12.3%41.7%4.4%-1.7%802.6K36.5M-561.0K1.1084.23N/AN/A9,0959,974213,835135,941
2016-07-13$9.61$10.0040.7%11.6%49.7%11.9%40.5%3.8%-0.5%730.5K40.2M-543.3K1.1290.18N/AN/A8,7079,734215,079136,165
2016-07-14$9.85$10.0038.8%11.4%49.9%8.5%39.9%3.2%0.7%799.6K42.2M-535.5K1.1484.51N/AN/A8,3299,501215,431136,796
2016-07-15$9.93$10.0038.4%11.0%49.9%7.8%37.8%5.6%-0.4%775.1K39.3M-553.9K1.2392.16N/AN/A8,16210,059215,881136,822
2016-07-18$10.03$10.0037.9%10.6%48.7%6.8%37.3%3.4%1.8%810.2K38.8M-548.6K0.9391.92N/AN/A8,2977,751212,474133,502
2016-07-19$9.89$10.0039.1%11.1%49.0%9.0%39.4%6.5%0.7%806.4K39.3M-532.3K0.9090.45N/AN/A8,4247,623213,263133,694
2016-07-20$9.94$10.0038.3%11.0%44.8%7.5%38.1%5.3%-1.8%851.1K38.2M-547.9K0.7896.91N/AN/A9,9497,764214,553134,242
2016-07-21$9.88$10.0038.8%11.1%42.9%8.5%39.9%5.5%-1.6%864.9K38.7M-544.7K0.9693.47N/AN/A8,5598,242216,166134,651
2016-07-22$9.95$10.0037.4%10.7%41.0%5.9%39.1%1.0%0.5%795.5K37.6M-553.5K0.9292.07N/AN/A8,7088,034216,998135,248
2016-07-25$9.95$10.0038.0%11.7%39.6%7.0%41.0%3.2%1.6%808.4K38.9M-529.6K0.8590.94N/AN/A9,2177,864215,697134,723
2016-07-26$9.96$10.0039.7%11.2%29.2%10.2%40.3%4.9%-1.7%826.3K39.6M-533.6K0.98100.63N/AN/A8,2158,039215,858134,895
2016-07-27$9.97$10.0038.2%11.4%25.0%7.3%37.0%3.7%-0.3%805.4K35.9M-551.1K0.9195.61N/AN/A8,7818,016216,214135,004
2016-07-28$9.90$10.0037.9%10.6%25.3%6.8%38.5%3.2%1.3%831.1K39.9M-519.8K0.8898.19N/AN/A8,9917,951216,984135,265
2016-07-29$9.94$10.0035.1%10.4%25.3%1.7%36.0%8.5%-0.3%814.8K41.1M-522.2K0.92109.06N/AN/A8,6898,034217,388135,543