OPK Options History — August 2017

In August 2017, OPK traded between $5.88 and $6.39. ATM implied volatility averaged 45.3%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 8.3% (HV 20d: 37.0%). Max pain ranged from $7.00 to $10.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.51.

Notable Days

  • 2017-08-15: Highest Volume — 16,859 contracts
  • 2017-08-24: Largest IV drop — 15.5% change
  • 2017-08-08: Highest IV Rank — 28.7%
  • 2017-08-08: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.18$5.88$6.39$6.22$6.39
Max Pain$9.74$7.00$10.00$7.00$10.00
ATM IV45.3%37.4%52.6%48.6%39.1%
Expected Move13.0%9.9%15.9%14.5%9.9%
HV 20d37.0%33.1%41.5%37.3%35.3%
HV 60d41.2%38.0%44.1%44.1%38.4%
IV Rank18.4%6.3%28.7%23.5%8.6%
IV Percentile55.8%8.7%94.0%81.7%12.3%
Term Structure0.4%-7.4%5.7%-5.3%2.0%
VWIV45.8%36.1%54.9%51.8%36.2%
Skew 25d0.3%-8.4%7.1%1.7%0.8%
Skew 10d2.8%-16.2%21.5%-11.8%21.5%
Call IV 25d46.4%37.0%53.1%48.4%37.0%
Put IV 25d46.7%35.2%54.8%50.1%37.8%
Bid-Ask Spread %10.545.6816.4715.489.39
Gamma HHI0.320.180.480.180.43
Net GEX286.8K157.3K423.0K170.4K423.0K
Net DEX24.8M20.9M28.1M27.3M23.3M
Net VEX-214.5K-231.3K-193.8K-209.1K-231.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.130.850.750.78
Total Volume8,915.5224,24616,8594,43413,682
Total OI241,058.087227,111252,952227,111252,952

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-08-01$6.22$7.0048.6%14.5%37.3%23.5%51.8%1.7%-5.3%170.4K27.3M-209.1K0.7515.48N/AN/A2,5401,894136,97590,136
2017-08-02$6.12$7.0049.7%14.4%37.6%25.0%54.9%1.8%-2.0%157.3K27.7M-204.9K0.7113.59N/AN/A2,4791,767137,55190,284
2017-08-03$6.15$10.0051.1%14.5%37.6%26.8%50.9%-0.1%-7.4%160.8K28.1M-205.6K0.5515.85N/AN/A3,0001,653138,17890,425
2017-08-04$6.21$10.0050.2%14.3%37.6%25.7%50.2%3.8%-5.5%189.2K27.4M-209.3K0.648.48N/AN/A2,9771,901139,32790,541
2017-08-07$6.32$10.0050.2%15.5%37.0%25.6%53.0%2.3%5.7%200.1K26.4M-219.2K0.708.30N/AN/A6,1434,275139,64090,636
2017-08-08$6.14$10.0052.6%15.9%38.4%28.7%53.0%-0.8%3.4%230.6K26.3M-216.3K0.6016.47N/AN/A6,0443,641143,57591,472
2017-08-09$6.39$10.0048.7%13.4%40.4%23.6%49.1%7.1%-1.1%311.1K25.0M-229.4K0.2513.82N/AN/A10,3992,618145,98492,281
2017-08-10$6.14$10.0045.3%13.8%41.5%19.3%50.8%-0.3%3.2%250.7K27.4M-212.5K0.5110.46N/AN/A4,3762,253149,18892,344
2017-08-11$6.19$10.0048.9%14.1%40.8%23.9%47.6%1.5%0.7%280.1K27.5M-215.4K0.139.73N/AN/A13,3291,711149,79092,599
2017-08-14$6.15$10.0046.1%13.2%40.4%20.3%44.2%-4.2%-2.0%354.1K26.9M-212.5K0.146.87N/AN/A11,6401,654155,43792,102
2017-08-15$6.09$10.0045.7%13.2%38.6%19.9%45.4%-6.9%-0.7%268.9K25.7M-207.1K0.165.98N/AN/A14,5022,357155,88588,517
2017-08-16$6.05$10.0043.4%12.4%34.4%16.9%41.2%-8.4%1.6%213.9K25.6M-193.8K0.465.68N/AN/A5,4612,519157,99785,223
2017-08-17$5.88$10.0044.9%12.8%35.3%18.3%53.1%3.0%2.0%239.4K23.1M-210.3K0.459.53N/AN/A5,2222,340160,67385,527
2017-08-18$6.11$10.0042.9%12.1%36.6%15.7%42.6%-8.2%3.0%314.6K23.2M-212.4K0.336.80N/AN/A5,7491,918161,07885,672
2017-08-21$6.13$10.0042.3%12.8%35.4%14.9%48.0%0.6%2.1%331.5K22.0M-219.3K0.2411.02N/AN/A7,1401,688156,26084,347
2017-08-22$6.19$10.0044.4%11.6%35.7%15.7%46.0%4.5%-0.9%374.1K21.7M-216.1K0.3210.07N/AN/A6,0611,946157,13484,344
2017-08-23$6.15$10.0044.2%11.3%35.7%15.4%38.0%1.9%-1.4%388.6K21.5M-214.6K0.489.90N/AN/A3,3361,606157,83283,956
2017-08-24$6.27$10.0037.4%11.1%36.1%6.3%43.6%5.1%5.4%395.9K20.9M-217.9K0.6311.77N/AN/A6,9764,411158,35084,059
2017-08-25$6.16$10.0041.9%11.6%36.6%12.4%42.0%-7.4%3.0%337.4K22.8M-214.5K0.6212.05N/AN/A4,1432,555161,20286,682
2017-08-28$6.26$10.0040.4%10.7%35.9%10.4%36.1%3.3%-0.1%339.5K23.7M-219.6K0.7311.37N/AN/A3,5382,595160,77687,556
2017-08-29$6.25$10.0042.8%12.4%33.3%13.5%38.3%4.1%2.3%345.0K22.6M-224.7K0.7010.42N/AN/A3,7182,605161,05087,659
2017-08-30$6.17$10.0041.6%12.5%33.1%11.9%37.7%1.9%1.7%321.0K24.5M-218.1K0.859.46N/AN/A6,8665,829162,57788,563
2017-08-31$6.39$10.0039.1%9.9%35.3%8.6%36.2%0.8%2.0%423.0K23.3M-231.3K0.789.39N/AN/A7,6796,003163,09089,862