OPK Options History — May 2017

In May 2017, OPK traded between $6.10 and $7.64. ATM implied volatility averaged 43.2%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 3.9% (HV 20d: 39.3%). Max pain ranged from $8.00 to $9.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 2.14.

Notable Days

  • 2017-05-10: Highest Volume — 33,565 contracts
  • 2017-05-08: Largest IV spike — 11.1% change
  • 2017-05-08: Highest IV Rank — 24.5%
  • 2017-05-03: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.88$6.10$7.64$7.56$6.10
Max Pain$8.86$8.00$9.00$8.00$9.00
ATM IV43.2%39.6%49.3%41.8%44.5%
Expected Move12.4%10.5%14.9%11.2%11.0%
HV 20d39.3%33.5%47.5%34.9%37.4%
HV 60d40.9%35.7%43.4%39.9%35.7%
IV Rank16.7%12.0%24.5%14.8%18.2%
IV Percentile49.7%27.0%82.9%38.5%60.3%
Term Structure-0.0%-4.1%5.0%-1.3%-1.8%
VWIV43.3%34.1%54.7%46.8%38.9%
Skew 25d-2.3%-16.8%3.8%-8.2%-0.1%
Skew 10d4.4%-23.3%42.3%12.3%1.8%
Call IV 25d45.3%39.7%53.2%49.6%43.6%
Put IV 25d43.1%27.6%50.2%41.4%43.6%
Bid-Ask Spread %19.198.8165.0836.549.08
Gamma HHI0.190.150.290.180.19
Net GEX115.4K44.7K214.7K44.7K95.6K
Net DEX30.1M24.7M34.3M24.7M33.0M
Net VEX-238.7K-291.7K-185.9K-286.1K-185.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.140.863.342.402.03
Total Volume14,611.8188,80433,56513,70910,105
Total OI224,451.455204,269237,731204,269227,849

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-05-01$7.56$8.0041.8%11.2%34.9%14.8%46.8%-8.2%-1.3%44.7K24.7M-286.1K2.4036.54N/AN/A4,0379,672118,13686,133
2017-05-02$7.64$8.0043.1%13.0%33.8%16.5%45.5%-1.0%1.2%57.6K24.7M-291.7K1.9932.02N/AN/A4,8609,677119,34486,569
2017-05-03$7.52$8.0042.1%14.9%34.2%15.3%54.6%-4.0%-0.6%88.4K25.1M-288.7K2.7464.29N/AN/A3,4609,468121,56086,915
2017-05-04$7.54$9.0044.2%13.3%33.5%17.9%47.5%-3.4%0.9%124.4K25.9M-278.4K2.8714.20N/AN/A3,2499,338122,31487,040
2017-05-05$7.54$9.0044.4%14.7%33.5%18.1%54.7%1.9%-2.4%107.7K25.4M-275.4K0.8665.08N/AN/A10,9729,457122,83687,058
2017-05-08$7.25$9.0049.3%14.0%36.2%24.5%34.1%-5.5%-0.6%214.7K28.2M-257.9K3.3412.16N/AN/A6,43821,515129,98887,295
2017-05-09$7.47$9.0047.1%13.4%37.9%21.7%48.9%1.8%-0.5%194.7K26.8M-280.7K2.9814.54N/AN/A7,35221,913133,87793,588
2017-05-10$7.01$9.0043.7%12.1%43.9%17.3%39.3%-3.9%-1.5%140.0K34.3M-240.7K2.7613.29N/AN/A8,92824,637138,09194,185
2017-05-11$7.06$9.0042.0%12.1%43.5%15.1%42.4%0.5%3.3%131.5K30.3M-252.5K2.2015.78N/AN/A4,87410,735141,64190,112
2017-05-12$7.16$9.0043.8%12.5%44.0%17.3%36.2%-3.0%0.6%123.7K29.6M-262.6K2.538.81N/AN/A4,00010,119143,37690,101
2017-05-15$6.78$9.0041.2%11.6%47.5%14.1%37.6%-16.8%5.0%124.4K31.2M-227.7K1.9111.35N/AN/A3,5706,806139,51288,383
2017-05-16$6.55$9.0043.8%12.6%46.3%17.4%42.6%-6.7%0.7%101.2K32.9M-213.5K1.4511.62N/AN/A4,8186,996141,22989,107
2017-05-17$6.66$9.0044.5%12.8%42.6%18.3%47.0%-4.9%-2.9%114.6K32.0M-223.7K1.7815.46N/AN/A4,2827,613143,38590,180
2017-05-18$6.58$9.0045.3%13.0%42.0%19.3%46.3%-1.9%1.4%104.9K32.0M-225.3K1.9314.70N/AN/A4,3878,480144,34591,207
2017-05-19$6.59$9.0045.2%12.8%41.8%19.2%44.6%3.8%2.0%113.7K33.3M-223.5K2.2513.70N/AN/A3,3967,639145,34292,389
2017-05-22$6.51$9.0041.1%10.5%41.2%13.9%40.0%1.7%0.0%88.2K32.9M-205.5K1.9413.35N/AN/A3,2136,229134,33189,960
2017-05-23$6.54$9.0039.6%11.8%38.5%12.0%41.2%-2.5%2.4%118.4K32.0M-209.7K1.999.46N/AN/A3,2426,462135,55390,641
2017-05-24$6.42$9.0040.3%12.1%38.5%12.9%41.0%2.4%0.1%122.8K32.7M-200.5K1.2115.07N/AN/A5,3036,421136,42090,968
2017-05-25$6.36$9.0040.7%11.1%38.2%13.4%39.9%0.3%-1.8%149.1K31.2M-212.8K2.0710.72N/AN/A2,8685,936138,40191,082
2017-05-26$6.32$9.0040.3%11.1%38.3%12.8%42.1%-4.1%-0.1%89.2K31.7M-209.5K1.7310.18N/AN/A3,4856,034139,29491,144
2017-05-30$6.28$9.0043.3%11.5%37.6%16.8%41.4%3.5%-4.1%89.8K32.3M-198.7K2.0510.80N/AN/A3,1036,371136,51090,541
2017-05-31$6.10$9.0044.5%11.0%37.4%18.2%38.9%-0.1%-1.8%95.6K33.0M-185.9K2.039.08N/AN/A3,3346,771137,63790,212