OPK Options History — December 2017

In December 2017, OPK traded between $4.81 and $5.26. ATM implied volatility averaged 64.6%, placing in the 39.6% IV rank vs the trailing year. The 30-day expected move averaged 17.2%. IV traded above realized volatility by 8.8% (HV 20d: 55.7%). Max pain ranged from $6.00 to $8.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.56.

Notable Days

  • 2017-12-06: Highest Volume — 12,085 contracts
  • 2017-12-08: Largest IV spike — 59.4% change
  • 2017-12-13: Highest IV Rank — 71.4%
  • 2017-12-26: Largest Expected Move — 19.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.02$4.81$5.26$5.23$4.90
Max Pain$7.90$6.00$8.00$6.00$8.00
ATM IV64.6%49.0%87.5%58.9%58.5%
Expected Move17.2%15.6%19.7%15.7%17.3%
HV 20d55.7%36.0%86.7%86.7%38.0%
HV 60d56.7%55.8%58.1%58.0%55.8%
IV Rank39.6%18.1%71.4%31.8%31.2%
IV Percentile94.6%79.0%99.6%96.8%90.9%
Term Structure-8.0%-68.7%8.0%-8.8%-2.4%
VWIV62.9%54.5%73.2%54.5%65.8%
Skew 25d3.1%-23.0%47.0%4.6%2.5%
Skew 10d-9.7%-105.5%35.0%12.2%15.4%
Call IV 25d63.9%50.9%87.0%63.0%63.4%
Put IV 25d67.0%53.0%107.9%67.6%65.9%
Bid-Ask Spread %14.139.8419.2111.1112.90
Gamma HHI0.320.220.430.240.43
Net GEX304.7K259.7K426.6K260.4K269.6K
Net DEX23.3M20.3M25.7M25.2M23.9M
Net VEX-164.2K-192.1K-144.6K-174.2K-144.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.221.000.940.27
Total Volume7,939.54,54212,0855,34411,415
Total OI296,404.8288,571304,803289,481294,208

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-12-01$5.23$6.0058.9%15.7%86.7%31.8%54.5%4.6%-8.8%260.4K25.2M-174.2K0.9411.11N/AN/A2,7542,590191,52597,956
2017-12-04$5.15$8.0056.1%15.9%86.7%27.8%56.2%-2.7%7.2%302.0K23.6M-182.1K0.7517.97N/AN/A3,7332,785191,15397,418
2017-12-05$5.05$8.0049.0%15.7%85.8%18.1%55.6%-1.0%3.1%278.6K25.7M-165.4K1.0016.54N/AN/A2,2712,271192,05097,570
2017-12-06$4.99$8.0056.8%17.6%85.8%28.9%60.2%13.4%2.3%259.7K25.0M-166.9K0.2212.63N/AN/A9,9282,157192,18697,681
2017-12-07$5.08$8.0049.1%16.1%86.5%18.2%58.7%-0.4%8.0%294.8K24.0M-171.2K0.7918.99N/AN/A3,4772,733199,90697,784
2017-12-08$5.26$8.0078.3%17.7%62.8%58.7%61.6%-3.6%-8.3%347.0K20.3M-192.1K0.3010.01N/AN/A6,9952,121200,87697,863
2017-12-11$5.16$8.0056.0%16.5%62.8%27.8%61.4%-0.4%2.2%426.6K20.3M-187.2K0.6614.27N/AN/A3,8742,545204,46497,771
2017-12-12$5.10$8.0085.8%16.5%61.1%69.1%58.9%47.0%-50.9%312.5K23.3M-171.6K0.6911.05N/AN/A3,5692,445204,48597,972
2017-12-13$5.12$8.0087.5%16.5%36.0%71.4%63.6%-23.0%-68.7%332.6K22.1M-177.3K0.5619.21N/AN/A4,0042,236204,70798,288
2017-12-14$4.86$8.0059.6%16.1%40.3%32.7%62.4%4.2%-6.2%276.2K25.0M-158.6K0.5817.61N/AN/A5,0152,933204,71398,280
2017-12-15$5.00$8.0075.9%17.4%40.2%55.3%63.1%10.8%-49.6%291.9K25.2M-157.9K0.3014.59N/AN/A9,1622,771206,12198,682
2017-12-18$5.07$8.0060.4%15.6%40.2%33.8%57.6%-3.6%7.6%400.0K21.7M-164.5K0.3212.22N/AN/A6,9822,245198,05193,834
2017-12-19$4.81$8.0060.0%17.3%43.3%33.2%68.3%-1.7%2.1%310.0K22.4M-156.3K0.5216.16N/AN/A5,0282,614200,76793,923
2017-12-20$4.94$8.0065.9%18.9%44.3%41.5%67.3%9.5%-1.0%303.6K23.4M-150.6K0.3716.74N/AN/A7,1202,659201,89794,485
2017-12-21$5.04$8.0062.4%17.8%44.8%36.6%66.8%3.4%2.4%320.1K22.7M-157.0K0.4615.20N/AN/A6,4752,960205,33094,682
2017-12-22$4.93$8.0064.1%18.2%42.6%38.9%73.2%8.0%1.8%263.2K24.0M-148.9K0.5014.19N/AN/A5,7282,870205,90295,092
2017-12-26$4.92$8.0069.2%19.7%42.2%46.1%70.0%5.7%1.2%271.2K23.4M-149.0K0.7111.22N/AN/A3,2522,304197,91594,797
2017-12-27$4.92$8.0070.4%18.0%42.0%47.8%70.6%-6.8%-3.7%275.2K22.2M-156.1K0.459.84N/AN/A5,5452,473198,27094,887
2017-12-28$4.96$8.0067.2%18.3%42.1%43.3%62.7%-4.2%1.8%298.6K22.7M-151.6K0.7510.21N/AN/A3,8582,893199,59495,011
2017-12-29$4.90$8.0058.5%17.3%38.0%31.2%65.8%2.5%-2.4%269.6K23.9M-144.6K0.2712.90N/AN/A8,9842,431199,04595,163