OPK Options History — September 2017

In September 2017, OPK traded between $6.00 and $7.12. ATM implied volatility averaged 41.8%, placing in the 11.2% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 5.2% (HV 20d: 36.6%). Max pain ranged from $7.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.69.

Notable Days

  • 2017-09-11: Highest Volume — 71,326 contracts
  • 2017-09-28: Largest IV drop — 13.0% change
  • 2017-09-27: Highest IV Rank — 17.1%
  • 2017-09-05: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.43$6.00$7.12$6.42$6.85
Max Pain$7.15$7.00$10.00$10.00$7.00
ATM IV41.8%39.1%48.4%40.2%43.3%
Expected Move11.8%9.0%13.3%9.0%12.2%
HV 20d36.6%27.3%45.0%35.2%44.1%
HV 60d38.3%36.9%41.2%38.4%38.6%
IV Rank11.2%8.4%17.1%10.0%10.1%
IV Percentile29.3%8.7%78.6%18.3%40.1%
Term Structure1.7%-5.8%6.7%-0.7%4.7%
VWIV41.2%31.3%49.0%31.3%45.5%
Skew 25d2.0%-5.9%10.6%4.3%-5.2%
Skew 10d5.5%-16.9%19.9%4.2%-16.9%
Call IV 25d40.4%31.5%47.8%38.8%44.6%
Put IV 25d42.4%32.9%50.4%43.1%39.3%
Bid-Ask Spread %17.798.8557.4012.6015.43
Gamma HHI0.360.210.690.400.21
Net GEX375.1K115.3K1.1M399.5K258.0K
Net DEX19.1M4.3M32.1M24.5M10.4M
Net VEX-262.1K-345.9K-209.5K-233.6K-334.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.151.541.540.58
Total Volume18,015.55,26471,32610,4157,910
Total OI254,876.3218,589285,329258,018264,785

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-09-01$6.42$10.0040.2%9.0%35.2%10.0%31.3%4.3%-0.7%399.5K24.5M-233.6K1.5412.60N/AN/A4,0946,321164,70293,316
2017-09-05$6.33$7.0040.9%13.3%35.1%11.0%49.0%-3.0%4.9%347.5K25.2M-231.4K0.7914.16N/AN/A3,7462,968165,57893,518
2017-09-06$6.31$7.0039.5%13.3%33.4%9.1%43.5%2.1%2.0%347.2K25.9M-224.5K0.4215.16N/AN/A4,2281,769166,16693,394
2017-09-07$6.24$7.0044.3%12.4%30.3%15.5%43.2%0.7%-2.4%240.3K27.4M-215.5K0.5811.87N/AN/A3,3931,970166,44493,395
2017-09-08$6.14$7.0041.5%12.4%27.3%11.9%42.1%-3.5%-2.4%202.0K28.2M-209.5K0.6316.82N/AN/A3,2392,025166,78593,593
2017-09-11$6.21$7.0043.1%12.1%27.5%14.0%41.2%0.8%0.3%289.7K27.7M-209.6K0.9617.10N/AN/A36,43334,893166,53293,877
2017-09-12$6.26$7.0040.2%12.6%27.5%10.1%42.5%0.3%3.7%291.3K28.6M-248.4K0.9318.63N/AN/A19,66418,371174,768102,973
2017-09-13$6.47$7.0040.4%12.2%29.4%10.3%41.6%1.3%3.7%354.4K25.9M-260.6K0.9115.30N/AN/A20,90518,925175,087102,917
2017-09-14$6.02$7.0043.9%11.9%39.7%15.0%41.5%4.3%-1.5%115.3K32.1M-224.2K0.158.85N/AN/A24,8483,774176,696103,382
2017-09-15$6.00$7.0042.4%11.6%38.3%13.0%38.6%4.8%-4.6%130.9K30.5M-232.2K0.1510.89N/AN/A22,3043,246180,962104,367
2017-09-18$6.02$7.0039.4%11.1%35.7%9.0%39.3%7.8%6.7%159.6K16.6M-226.6K0.7019.94N/AN/A5,2533,693139,69978,890
2017-09-19$6.04$7.0039.1%11.2%35.7%8.6%39.9%5.9%3.5%164.4K14.8M-245.2K0.8915.47N/AN/A4,7224,210141,42880,183
2017-09-20$6.32$7.0039.1%11.2%39.1%8.6%36.6%2.5%6.0%214.2K15.0M-248.9K1.2057.40N/AN/A8,48010,171142,46281,069
2017-09-21$6.49$7.0039.6%11.2%40.0%8.7%36.9%-5.9%4.4%284.4K14.6M-270.4K0.4216.84N/AN/A7,2273,025146,96687,753
2017-09-22$6.72$7.0042.2%11.9%41.2%12.2%42.5%10.6%2.9%500.9K9.5M-295.4K0.3612.63N/AN/A9,2943,350147,83288,132
2017-09-25$6.88$7.0042.1%10.8%41.0%9.5%38.7%8.5%5.4%515.9K5.1M-311.4K0.8716.71N/AN/A15,69013,602148,33587,296
2017-09-26$7.12$7.0044.9%11.7%42.2%12.4%45.1%-2.5%-5.8%1.1M4.3M-339.5K0.4923.32N/AN/A6,3103,088160,88997,464
2017-09-27$6.85$7.0048.4%12.7%45.0%17.1%43.8%2.6%-2.5%635.2K8.6M-333.8K0.6719.22N/AN/A5,6303,770163,06898,375
2017-09-28$6.97$7.0042.1%12.0%44.8%8.4%42.3%4.1%6.5%916.8K6.4M-345.9K0.5617.37N/AN/A4,9762,793165,07899,370
2017-09-29$6.85$7.0043.3%12.2%44.1%10.1%45.5%-5.2%4.7%258.0K10.4M-334.9K0.5815.43N/AN/A5,0192,891165,31299,473