OPK Options History — January 2017

In January 2017, OPK traded between $8.46 and $9.38. ATM implied volatility averaged 47.3%, placing in the 28.9% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded below realized volatility by 32.5% (HV 20d: 79.7%). Max pain ranged from $9.00 to $11.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 1.33.

Notable Days

  • 2017-01-03: Highest Volume — 44,005 contracts
  • 2017-01-31: Largest IV drop — 9.7% change
  • 2017-01-03: Highest IV Rank — 43.2%
  • 2017-01-06: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.93$8.46$9.38$9.04$8.68
Max Pain$9.80$9.00$11.00$11.00$9.00
ATM IV47.3%42.5%55.6%55.6%42.5%
Expected Move13.7%12.3%15.5%15.1%12.8%
HV 20d79.7%27.9%89.0%89.0%27.9%
HV 60d59.1%58.6%59.6%59.4%59.6%
IV Rank28.9%20.8%43.2%43.2%20.8%
IV Percentile50.5%30.2%78.6%78.6%30.2%
Term Structure0.0%-13.2%4.6%-1.1%3.9%
VWIV47.9%41.7%55.8%47.8%42.5%
Skew 25d3.3%0.8%8.2%0.8%1.7%
Skew 10d11.0%-18.5%35.9%7.5%-5.0%
Call IV 25d49.0%44.7%56.8%56.8%47.7%
Put IV 25d52.3%47.2%57.7%57.7%49.4%
Bid-Ask Spread %74.3232.31111.0874.17111.08
Gamma HHI0.270.120.460.400.14
Net GEX354.7K-246.0K1.0M726.8K240.1K
Net DEX67.9M47.1M88.3M71.1M50.1M
Net VEX-295.6K-363.0K-257.7K-304.1K-272.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.330.403.113.090.54
Total Volume17,031.15,35644,00544,0055,615
Total OI353,599.55232,888423,492401,119246,204

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-01-03$9.04$11.0055.6%15.1%89.0%43.2%47.8%0.8%-1.1%726.8K71.1M-304.1K3.0974.17N/AN/A10,75233,253260,767140,352
2017-01-04$9.28$10.0051.6%15.2%88.1%36.4%52.0%4.4%0.7%834.9K74.7M-315.0K2.5140.63N/AN/A8,99622,606262,362147,196
2017-01-05$9.06$10.0049.6%14.8%85.4%33.0%55.7%3.0%1.8%647.2K76.4M-305.3K3.1161.48N/AN/A6,99121,738265,134148,675
2017-01-06$9.38$10.0050.2%15.5%86.5%33.9%55.8%8.2%-0.3%968.1K67.7M-363.0K1.8678.87N/AN/A7,46313,883266,461149,591
2017-01-09$9.31$10.0050.0%14.9%86.5%33.7%52.1%3.4%2.0%953.1K68.2M-355.0K1.7187.13N/AN/A9,42116,072261,972148,782
2017-01-10$9.38$10.0050.7%14.7%86.3%34.9%51.6%2.8%3.4%1.0M69.9M-353.8K2.1564.39N/AN/A5,85212,605263,272149,677
2017-01-11$9.27$10.0049.4%14.6%82.4%32.5%51.7%3.9%2.8%866.3K75.1M-327.1K1.3661.93N/AN/A7,1999,794263,541150,082
2017-01-12$9.21$10.0048.2%14.0%81.6%30.6%49.0%2.5%1.6%735.3K76.2M-312.9K1.7464.95N/AN/A6,61511,496264,431150,002
2017-01-13$9.16$10.0044.8%13.0%81.5%24.7%45.8%2.2%0.9%88.0K84.0M-291.9K1.5958.02N/AN/A6,63110,528264,952150,806
2017-01-17$8.96$10.0042.8%12.3%80.6%21.3%43.2%1.2%0.2%-224.5K84.5M-275.6K0.8181.30N/AN/A10,2388,264264,235149,934
2017-01-18$8.94$10.0046.2%13.3%80.7%27.2%46.3%1.5%-1.9%-246.0K86.4M-269.3K1.0491.01N/AN/A5,7045,939268,013151,545
2017-01-19$8.76$10.0044.9%12.9%80.7%24.8%47.1%1.5%-0.4%-108.8K84.8M-273.6K0.6257.74N/AN/A10,6866,619268,500152,076
2017-01-20$8.67$10.0045.1%13.1%80.1%25.3%47.2%2.5%-1.0%3.3K88.3M-259.5K0.9432.31N/AN/A10,5479,964269,626153,866
2017-01-23$8.50$10.0045.2%13.3%80.0%25.4%47.2%3.1%4.6%-4.1K52.1M-263.5K0.7062.37N/AN/A6,1004,259126,703106,185
2017-01-24$8.46$10.0044.5%13.2%80.1%24.2%45.3%1.2%3.5%16.5K52.3M-257.7K0.4082.67N/AN/A6,3032,540129,509106,891
2017-01-25$8.60$9.0042.7%14.1%79.5%21.2%45.1%8.2%-3.0%96.1K48.3M-283.7K0.5096.17N/AN/A5,1452,594132,380107,344
2017-01-26$8.70$9.0046.1%13.0%79.9%27.0%46.1%4.4%-2.1%119.5K51.9M-266.5K0.6694.89N/AN/A3,8452,540134,534107,548
2017-01-27$8.70$9.0047.9%12.8%79.3%30.0%44.7%7.7%-13.2%142.4K47.1M-294.5K0.5774.32N/AN/A4,1282,341136,073107,612
2017-01-30$8.49$9.0047.1%12.4%79.0%28.6%41.7%1.7%-1.9%222.8K49.4M-268.0K0.79110.92N/AN/A2,9972,359138,462106,696
2017-01-31$8.68$9.0042.5%12.8%27.9%20.8%42.5%1.7%3.9%240.1K50.1M-272.0K0.54111.08N/AN/A3,6581,957139,172107,032