OPK Options History — July 2017

In July 2017, OPK traded between $6.03 and $6.62. ATM implied volatility averaged 51.3%, placing in the 27.0% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded above realized volatility by 8.4% (HV 20d: 43.0%). Max pain ranged from $6.00 to $7.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 1.71.

Notable Days

  • 2017-07-14: Highest Volume — 26,875 contracts
  • 2017-07-06: Largest IV drop — 27.8% change
  • 2017-07-05: Highest IV Rank — 54.0%
  • 2017-07-20: Largest Expected Move — 15.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.33$6.03$6.62$6.43$6.46
Max Pain$6.45$6.00$7.00$7.00$7.00
ATM IV51.3%46.4%72.3%57.8%47.0%
Expected Move14.6%13.5%15.7%14.3%13.7%
HV 20d43.0%34.6%50.0%44.4%35.9%
HV 60d43.0%41.7%43.6%43.1%43.5%
IV Rank27.0%20.7%54.0%35.4%21.5%
IV Percentile87.6%72.6%99.2%99.2%72.6%
Term Structure0.7%-8.2%5.3%-8.2%1.0%
VWIV50.8%46.7%60.4%60.4%47.4%
Skew 25d-0.9%-51.8%11.7%-12.0%3.9%
Skew 10d7.6%-13.7%49.0%27.9%-13.7%
Call IV 25d52.7%41.6%113.3%66.7%47.4%
Put IV 25d51.8%39.7%61.6%54.7%51.3%
Bid-Ask Spread %16.247.7552.4928.7126.40
Gamma HHI0.180.160.230.160.16
Net GEX167.7K130.9K213.8K184.7K172.0K
Net DEX24.6M19.1M28.3M19.1M26.2M
Net VEX-213.9K-245.3K-178.0K-209.4K-224.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.710.458.921.300.45
Total Volume9,536.73,98826,8757,1266,129
Total OI218,276.65203,528228,807203,528224,448

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-07-03$6.43$7.0057.8%14.3%44.4%35.4%60.4%-12.0%-8.2%184.7K19.1M-209.4K1.3028.71N/AN/A3,0984,028127,60675,922
2017-07-05$6.36$7.0072.3%14.3%44.5%54.0%54.2%-51.8%-6.0%190.5K20.4M-201.9K0.9652.49N/AN/A3,1603,022128,40975,906
2017-07-06$6.32$6.0052.2%15.1%43.8%28.1%52.0%6.9%3.0%188.1K20.0M-202.3K1.6613.60N/AN/A2,7094,510129,41576,093
2017-07-07$6.38$6.0049.2%14.4%43.9%24.3%51.1%5.7%1.9%184.3K21.9M-198.5K0.849.61N/AN/A2,3321,954130,02177,648
2017-07-10$6.22$6.0047.0%14.5%44.2%21.6%51.9%2.8%2.7%178.5K22.7M-186.4K0.5610.80N/AN/A2,5631,425129,70676,752
2017-07-11$6.17$6.0052.4%15.4%43.4%28.4%51.6%3.9%3.2%159.2K22.7M-185.2K0.8910.87N/AN/A9,5738,483130,55177,312
2017-07-12$6.07$6.0046.4%14.9%43.7%20.7%52.9%2.4%4.6%171.5K24.5M-178.0K1.289.92N/AN/A9,78612,527133,02979,344
2017-07-13$6.27$6.0049.7%15.4%45.5%25.0%49.0%5.5%5.3%173.2K26.9M-197.8K8.929.86N/AN/A2,55922,820133,93685,158
2017-07-14$6.13$6.0047.8%14.1%46.0%22.6%47.2%-2.1%0.3%147.0K28.3M-209.1K5.809.55N/AN/A3,95122,924134,58389,671
2017-07-17$6.03$6.0051.5%15.1%46.1%27.3%51.0%-10.0%1.7%154.2K27.6M-209.5K0.867.75N/AN/A2,7262,333134,77389,576
2017-07-18$6.24$6.0050.6%14.6%47.8%26.1%49.9%-5.5%2.2%172.5K28.1M-212.1K0.7311.43N/AN/A3,0682,239135,48289,828
2017-07-19$6.53$6.0051.8%14.8%50.0%27.6%54.2%-4.1%2.0%196.1K24.3M-237.0K0.4812.48N/AN/A4,9262,367135,88889,970
2017-07-20$6.43$6.0054.2%15.7%46.2%30.7%47.5%4.0%-3.6%213.8K25.9M-232.8K3.1713.81N/AN/A2,9029,196137,34090,544
2017-07-21$6.62$7.0050.8%14.6%43.8%26.4%54.4%11.7%-1.1%150.7K23.3M-245.3K1.7111.49N/AN/A3,2955,626137,60491,203
2017-07-24$6.43$7.0050.9%14.8%42.6%26.5%51.5%2.6%0.8%130.9K25.5M-238.4K1.2811.43N/AN/A2,3703,027132,11590,117
2017-07-25$6.40$7.0048.3%14.0%40.8%23.1%48.4%1.0%1.2%141.1K25.8M-231.9K0.9611.57N/AN/A2,5372,423132,77990,124
2017-07-26$6.41$7.0047.1%13.8%36.1%21.6%47.8%3.9%3.8%154.5K25.9M-231.1K0.9216.62N/AN/A2,4962,285133,63590,030
2017-07-27$6.31$7.0049.5%13.9%35.9%24.7%47.4%5.6%0.6%146.4K26.4M-224.4K0.8313.56N/AN/A2,7132,255133,88790,036
2017-07-28$6.30$7.0049.9%13.5%34.6%25.2%46.7%8.5%-1.4%145.3K26.2M-223.1K0.7232.81N/AN/A2,5541,843135,02390,069
2017-07-31$6.46$7.0047.0%13.7%35.9%21.5%47.4%3.9%1.0%172.0K26.2M-224.5K0.4526.40N/AN/A4,2201,909134,53689,912