OPK Options History — November 2017

In November 2017, OPK traded between $4.61 and $6.67. ATM implied volatility averaged 53.9%, placing in the 24.9% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded below realized volatility by 9.7% (HV 20d: 63.6%). Max pain ranged from $6.00 to $7.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.87.

Notable Days

  • 2017-11-17: Highest Volume — 17,673 contracts
  • 2017-11-14: Largest IV spike — 25.0% change
  • 2017-11-16: Highest IV Rank — 38.4%
  • 2017-11-16: Largest Expected Move — 18.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.45$4.61$6.67$6.54$5.25
Max Pain$6.90$6.00$7.00$7.00$6.00
ATM IV53.9%44.9%63.7%50.2%61.6%
Expected Move15.4%10.5%18.6%15.7%15.0%
HV 20d63.6%23.6%86.8%24.3%86.8%
HV 60d49.1%33.0%58.1%35.0%58.1%
IV Rank24.9%12.3%38.4%19.7%35.5%
IV Percentile89.3%55.6%98.8%89.7%98.4%
Term Structure0.3%-6.4%6.7%-4.3%-4.5%
VWIV54.1%40.3%65.7%47.8%49.5%
Skew 25d2.9%-18.1%19.4%0.7%5.1%
Skew 10d2.8%-34.2%29.0%-0.8%5.8%
Call IV 25d54.3%41.5%71.0%49.8%61.8%
Put IV 25d57.3%42.2%74.6%50.4%66.9%
Bid-Ask Spread %17.259.1365.8465.8415.45
Gamma HHI0.300.250.370.250.31
Net GEX163.5K72.1K237.6K224.6K237.6K
Net DEX28.4M21.9M35.4M21.9M25.0M
Net VEX-179.2K-259.8K-123.6K-259.8K-174.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.182.990.650.18
Total Volume9,000.6674,53517,6734,86714,005
Total OI269,849.571257,028283,875257,028281,377

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-11-01$6.54$7.0050.2%15.7%24.3%19.7%47.8%0.7%-4.3%224.6K21.9M-259.8K0.6565.84N/AN/A2,9411,926157,11699,912
2017-11-02$6.54$7.0047.9%13.5%23.8%16.5%40.3%3.2%2.0%191.6K25.5M-236.0K0.7610.87N/AN/A2,6452,006157,976100,116
2017-11-03$6.53$7.0049.0%14.3%23.6%18.0%43.7%3.4%1.6%186.5K25.0M-237.8K0.619.72N/AN/A3,1601,920158,216100,321
2017-11-06$6.67$7.0049.9%14.6%24.0%19.2%42.8%6.0%0.6%225.7K22.5M-249.3K1.029.78N/AN/A2,5082,561158,202100,083
2017-11-07$6.57$7.0052.4%13.8%24.2%22.7%51.2%6.0%-4.7%197.6K26.2M-225.3K0.599.89N/AN/A2,9331,722158,323101,024
2017-11-08$6.46$7.0048.9%15.7%24.6%17.9%52.6%5.3%6.7%186.6K27.8M-219.5K0.699.96N/AN/A3,9562,713158,737101,318
2017-11-09$5.42$7.0046.8%10.5%65.8%15.0%48.4%-4.6%-1.4%72.3K35.4M-157.2K0.4519.52N/AN/A9,0444,064160,171102,172
2017-11-10$5.50$7.0045.8%13.5%66.0%13.6%47.6%7.0%-1.0%99.9K33.7M-168.8K0.8615.17N/AN/A5,1354,416164,505102,530
2017-11-13$5.27$7.0044.9%12.5%66.9%12.3%44.5%-4.2%4.8%96.2K33.6M-154.5K0.309.13N/AN/A6,8602,026163,415101,358
2017-11-14$4.61$7.0056.1%16.2%79.4%27.9%57.7%-0.3%0.1%72.1K33.0M-123.6K0.5822.43N/AN/A7,7184,456163,888101,689
2017-11-15$4.74$7.0055.1%15.8%81.1%26.5%59.9%19.4%6.3%75.4K32.9M-135.7K0.5416.33N/AN/A5,3202,852168,137103,307
2017-11-16$4.88$7.0063.7%18.6%82.4%38.4%65.7%4.6%-6.4%96.8K31.9M-146.8K0.3120.43N/AN/A9,5082,910169,048103,460
2017-11-17$4.95$7.0057.7%16.9%81.5%30.1%58.7%-18.1%-2.6%141.5K29.5M-162.1K0.3020.99N/AN/A13,5864,087175,912104,270
2017-11-20$4.81$7.0058.7%16.2%81.5%31.5%64.0%-2.5%-1.8%166.0K26.7M-155.7K0.9019.38N/AN/A3,3623,030176,61098,714
2017-11-21$4.79$7.0061.5%17.0%81.7%35.4%61.8%8.8%-0.3%149.7K30.4M-127.1K2.9916.10N/AN/A3,3049,882176,89198,332
2017-11-22$4.79$7.0060.8%16.8%81.9%34.4%61.1%8.7%3.2%157.8K28.1M-155.1K2.4710.87N/AN/A2,8657,074177,34599,871
2017-11-24$5.01$7.0060.9%17.9%84.7%34.5%63.1%12.3%-0.1%208.7K27.1M-166.2K1.7017.75N/AN/A3,5245,984177,90399,998
2017-11-27$5.09$7.0056.5%15.8%84.3%28.4%57.2%-4.3%4.1%205.5K26.5M-169.7K0.2316.25N/AN/A11,0782,555177,71299,932
2017-11-28$5.03$7.0051.4%16.6%84.0%21.4%61.4%8.5%0.6%215.0K27.6M-166.8K0.9314.44N/AN/A2,5032,340182,622100,453
2017-11-29$5.00$6.0052.6%16.3%84.0%23.0%56.3%-3.5%2.6%225.6K26.0M-171.7K1.1312.05N/AN/A2,1262,409183,378100,497
2017-11-30$5.25$6.0061.6%15.0%86.8%35.5%49.5%5.1%-4.5%237.6K25.0M-174.6K0.1815.45N/AN/A11,8592,146183,62597,752