OPK Options History — August 2016

In August 2016, OPK traded between $9.03 and $10.12. ATM implied volatility averaged 35.4%, placing in the 6.3% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 18.9% (HV 20d: 16.6%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.75.

Notable Days

  • 2016-08-23: Highest Volume — 19,469 contracts
  • 2016-08-09: Largest IV drop — 17.7% change
  • 2016-08-08: Highest IV Rank — 15.1%
  • 2016-08-02: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.74$9.03$10.12$9.96$9.12
Max Pain$14.35$10.00$15.00$10.00$15.00
ATM IV35.4%30.3%42.5%37.3%37.0%
Expected Move10.0%8.6%12.1%11.3%9.7%
HV 20d16.6%11.8%21.6%20.5%21.6%
HV 60d36.0%33.3%40.0%39.9%33.5%
IV Rank6.3%0.0%15.1%5.8%11.5%
IV Percentile4.0%0.0%12.7%1.2%7.1%
Term Structure-0.2%-4.7%4.4%-1.7%0.4%
VWIV35.7%29.5%43.4%39.8%36.6%
Skew 25d2.5%-4.2%6.6%4.7%5.2%
Skew 10d10.3%-14.0%22.6%14.5%-4.7%
Call IV 25d37.8%30.9%44.5%39.0%36.6%
Put IV 25d40.4%29.7%47.6%43.6%41.8%
Bid-Ask Spread %90.7557.31121.24121.2457.31
Gamma HHI0.300.240.400.260.30
Net GEX873.0K584.9K1.1M830.2K610.7K
Net DEX46.5M35.0M59.8M40.0M58.3M
Net VEX-469.9K-535.0K-390.8K-520.2K-390.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.100.930.920.75
Total Volume15,354.0432,26919,46916,46416,457
Total OI358,456.261352,439363,822352,439363,822

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-08-01$9.96$10.0037.3%11.3%20.5%5.8%39.8%4.7%-1.7%830.2K40.0M-520.2K0.92121.24N/AN/A8,5557,909216,939135,500
2016-08-02$9.89$10.0038.8%12.1%19.9%8.5%43.4%4.3%-1.1%853.1K41.0M-507.4K0.9093.03N/AN/A8,5337,696217,979135,862
2016-08-03$9.96$10.0041.5%12.0%17.4%13.4%42.0%4.3%-4.7%916.7K37.3M-535.0K0.93110.21N/AN/A8,3897,771218,756135,885
2016-08-04$9.98$15.0039.9%11.0%17.4%10.4%40.2%2.3%0.2%976.1K38.8M-517.8K0.9088.01N/AN/A8,6947,849219,589135,980
2016-08-05$10.09$15.0040.4%10.8%17.7%11.3%38.2%2.9%-0.7%922.1K36.9M-522.6K0.7886.19N/AN/A10,2217,939220,421136,262
2016-08-08$10.11$15.0042.5%12.0%17.5%15.1%41.9%3.0%-0.1%932.2K35.1M-528.2K0.8080.29N/AN/A10,6858,551220,250135,578
2016-08-09$10.12$15.0035.0%9.5%17.3%1.5%35.6%-0.5%-0.5%1.1M35.0M-523.6K0.7986.12N/AN/A9,9037,793222,306136,369
2016-08-10$9.91$15.0033.9%9.0%15.4%0.0%36.4%1.1%-1.0%919.7K43.5M-490.8K0.7986.48N/AN/A9,6247,647223,035136,433
2016-08-11$10.04$15.0032.8%8.8%13.5%0.0%34.2%3.1%-1.8%1.0M40.6M-501.6K0.8786.26N/AN/A8,5227,419223,432136,638
2016-08-12$10.05$15.0033.0%9.0%13.2%0.2%34.0%-4.2%-0.7%1.1M40.8M-492.3K0.8684.93N/AN/A8,4507,304223,563136,657
2016-08-15$10.07$15.0030.9%8.7%12.7%0.0%31.9%2.9%4.4%1.1M43.2M-480.1K0.8589.74N/AN/A8,3997,156221,868135,487
2016-08-16$10.01$15.0030.3%8.6%11.8%0.0%30.5%4.5%4.0%1.1M42.6M-482.9K0.8486.69N/AN/A8,7437,329222,380135,601
2016-08-17$9.86$15.0031.6%9.1%12.9%2.3%30.2%2.0%-1.0%1.0M47.5M-456.0K0.3089.75N/AN/A1,748521222,330135,888
2016-08-18$9.86$15.0032.3%9.2%12.8%3.4%32.1%1.4%0.7%1.1M47.1M-460.0K0.1090.35N/AN/A3,249320223,135136,298
2016-08-19$9.82$15.0030.8%8.6%12.5%0.8%29.5%-1.0%1.5%843.7K45.1M-487.0K0.7086.45N/AN/A11,2317,909224,843136,432
2016-08-22$9.75$15.0033.4%8.8%12.8%5.3%32.5%6.6%-1.4%827.1K49.5M-455.1K0.7789.87N/AN/A9,8347,547219,367134,764
2016-08-23$9.53$15.0033.7%9.2%14.9%5.8%36.1%0.2%0.1%727.3K53.3M-430.1K0.7893.04N/AN/A10,9238,546220,656135,112
2016-08-24$9.24$15.0035.9%10.6%18.0%9.7%36.3%2.3%-3.2%607.1K58.5M-409.0K0.5894.41N/AN/A2,9361,716222,048136,073
2016-08-25$9.03$15.0035.9%10.5%19.2%9.5%32.9%3.1%0.1%584.9K59.8M-406.0K0.7494.44N/AN/A10,7127,911224,024137,066
2016-08-26$9.10$15.0037.1%10.7%19.5%11.6%35.5%4.3%-0.3%609.6K59.5M-398.7K0.77114.68N/AN/A9,6857,438225,892137,453
2016-08-29$9.28$15.0035.1%10.1%21.1%8.3%36.5%5.1%2.1%666.0K59.6M-393.7K0.7890.61N/AN/A9,1697,157225,797137,233
2016-08-30$9.30$15.0036.0%9.8%21.2%9.8%35.4%0.8%-0.2%705.7K55.7M-419.5K0.7287.24N/AN/A9,9167,137226,205137,286
2016-08-31$9.12$15.0037.0%9.7%21.6%11.5%36.6%5.2%0.4%610.7K58.3M-390.8K0.7557.31N/AN/A9,3947,063227,252136,570