OPK Options History — November 2016

In November 2016, OPK traded between $9.12 and $10.83. ATM implied volatility averaged 45.8%, placing in the 26.5% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 9.6% (HV 20d: 36.2%). Max pain ranged from $10.00 to $12.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.07.

Notable Days

  • 2016-11-16: Highest Volume — 28,797 contracts
  • 2016-11-11: Largest IV spike — 17.8% change
  • 2016-11-16: Highest IV Rank — 33.9%
  • 2016-11-02: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.04$9.12$10.83$9.52$10.43
Max Pain$11.81$10.00$12.00$10.00$12.00
ATM IV45.8%39.2%50.2%47.6%44.8%
Expected Move13.4%11.4%15.8%15.7%13.9%
HV 20d36.2%18.0%46.5%27.7%46.5%
HV 60d32.1%26.7%35.5%26.9%35.5%
IV Rank26.5%15.2%33.9%29.6%24.7%
IV Percentile39.5%20.2%62.3%44.0%33.7%
Term Structure-1.4%-4.3%4.6%-1.8%-2.0%
VWIV49.1%42.1%58.0%54.5%51.6%
Skew 25d5.0%0.1%8.1%7.6%5.5%
Skew 10d19.2%1.6%34.2%27.7%10.8%
Call IV 25d46.3%40.2%51.4%45.9%47.0%
Put IV 25d51.3%44.0%55.8%53.4%52.4%
Bid-Ask Spread %69.4448.16107.2479.3872.74
Gamma HHI0.310.230.360.320.29
Net GEX1.3M828.2K1.8M990.1K1.7M
Net DEX41.5M13.2M66.6M49.8M32.4M
Net VEX-421.2K-486.1K-349.4K-411.1K-432.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.070.601.620.800.75
Total Volume21,709.85713,53628,79718,73015,126
Total OI393,923.905375,489408,054375,489399,844

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-11-01$9.52$10.0047.6%15.7%27.7%29.6%54.5%7.6%-1.8%990.1K49.8M-411.1K0.8079.38N/AN/A10,4098,321238,051137,438
2016-11-02$9.47$10.0047.2%15.8%26.9%28.9%55.1%6.7%-2.2%974.0K51.9M-387.3K0.62107.24N/AN/A9,5655,959239,436137,459
2016-11-03$9.54$12.0047.3%13.0%25.9%29.1%46.3%4.2%-2.1%1.0M41.3M-428.1K0.7469.35N/AN/A14,26410,585239,724137,716
2016-11-04$9.68$12.0050.1%13.1%18.2%33.7%47.4%6.8%-3.0%1.1M53.0M-408.0K1.2173.67N/AN/A8,79910,612245,929143,807
2016-11-07$9.70$12.0049.6%13.7%18.0%32.8%51.0%6.0%-1.1%1.1M52.3M-404.5K1.0668.74N/AN/A10,77711,437245,640142,364
2016-11-08$9.12$12.0045.1%12.9%26.6%25.3%46.5%3.3%0.6%828.2K66.6M-350.8K1.0948.16N/AN/A10,78311,791248,352143,320
2016-11-09$9.54$12.0040.1%11.4%31.4%16.8%42.4%4.6%-0.5%1.2M57.2M-390.7K1.3473.08N/AN/A8,11610,876249,781143,754
2016-11-10$9.41$12.0039.2%11.9%31.7%15.2%42.1%2.4%2.1%1.0M62.5M-349.4K1.2457.70N/AN/A8,88511,018250,056143,746
2016-11-11$9.46$12.0046.2%13.8%31.6%27.1%48.9%5.8%4.6%967.3K63.5M-357.5K0.9374.79N/AN/A12,22411,373250,207144,822
2016-11-14$10.25$12.0046.6%13.5%41.9%27.8%51.5%5.7%-3.7%1.6M31.4M-462.6K0.9377.58N/AN/A12,21211,353251,790143,993
2016-11-15$10.20$12.0045.2%13.0%41.9%25.4%45.6%0.1%-2.9%1.6M37.6M-431.6K1.0871.32N/AN/A10,14810,929253,200144,728
2016-11-16$10.23$12.0050.2%14.4%41.4%33.9%49.0%5.4%-4.3%1.6M34.9M-436.8K1.5872.21N/AN/A11,15417,643254,695144,827
2016-11-17$10.40$12.0046.8%13.5%41.5%28.1%46.9%7.0%-2.3%1.5M34.7M-438.7K1.6265.68N/AN/A9,38815,248255,522149,232
2016-11-18$10.53$12.0046.7%13.6%41.5%28.0%50.4%7.7%-2.8%1.6M25.5M-464.7K1.4075.31N/AN/A9,41813,223256,439151,615
2016-11-21$10.42$12.0043.1%12.1%41.9%21.9%45.3%8.1%-1.8%1.2M41.8M-426.1K1.1165.47N/AN/A12,04513,372247,194146,441
2016-11-22$10.20$12.0043.1%12.6%42.9%21.9%45.0%4.0%0.8%1.0M45.2M-418.6K1.3765.58N/AN/A8,92712,252249,689147,192
2016-11-23$10.69$12.0045.0%12.7%45.2%25.1%47.7%3.0%-3.5%1.7M20.9M-467.9K0.8363.97N/AN/A15,56412,866250,418147,383
2016-11-25$10.83$12.0046.8%13.9%45.2%28.0%58.0%3.7%-1.1%1.7M13.2M-486.1K1.0457.80N/AN/A12,03112,488252,807148,576
2016-11-28$10.61$12.0047.4%14.1%46.2%29.1%54.5%4.5%-2.8%1.8M28.2M-453.4K1.1258.89N/AN/A9,97911,211253,568142,725
2016-11-29$10.51$12.0044.3%13.5%46.3%23.9%50.5%3.3%1.3%1.7M27.6M-439.2K0.6059.63N/AN/A8,4625,074255,526143,396
2016-11-30$10.43$12.0044.8%13.9%46.5%24.7%51.6%5.5%-2.0%1.7M32.4M-432.9K0.7572.74N/AN/A8,6346,492255,914143,930