OPK Options History — January 2018

In January 2018, OPK traded between $4.40 and $5.12. ATM implied volatility averaged 60.5%, placing in the 34.0% IV rank vs the trailing year. The 30-day expected move averaged 17.4%. IV traded above realized volatility by 17.5% (HV 20d: 43.1%). Max pain ranged from $4.00 to $8.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.44.

Notable Days

  • 2018-01-18: Highest Volume — 16,771 contracts
  • 2018-01-22: Largest IV drop — 15.3% change
  • 2018-01-18: Highest IV Rank — 53.5%
  • 2018-01-18: Largest Expected Move — 22.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.81$4.40$5.12$4.96$4.47
Max Pain$4.62$4.00$8.00$8.00$4.00
ATM IV60.5%52.3%74.6%62.7%56.0%
Expected Move17.4%13.9%22.2%18.3%15.3%
HV 20d43.1%37.5%52.4%38.4%52.4%
HV 60d58.5%55.9%61.8%55.9%61.8%
IV Rank34.0%22.6%53.5%37.1%27.8%
IV Percentile89.7%79.0%97.6%94.8%81.0%
Term Structure-1.2%-32.4%13.0%-2.7%4.8%
VWIV63.8%53.9%73.9%66.8%56.9%
Skew 25d-1.0%-24.8%10.1%2.5%10.1%
Skew 10d-1.9%-37.4%39.5%23.8%-17.9%
Call IV 25d64.1%50.7%76.3%69.0%53.2%
Put IV 25d63.1%47.4%72.9%71.5%63.3%
Bid-Ask Spread %61.8914.17152.5914.1798.44
Gamma HHI0.350.290.440.410.38
Net GEX273.9K126.6K444.1K264.8K214.1K
Net DEX16.3M1.3M28.3M24.2M5.5M
Net VEX-140.2K-162.2K-117.2K-145.1K-129.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.080.820.820.55
Total Volume10,421.9054,94816,7714,94811,121
Total OI236,588.952135,718305,744283,271152,356

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-01-02$4.96$8.0062.7%18.3%38.4%37.1%66.8%2.5%-2.7%264.8K24.2M-145.1K0.8214.17N/AN/A2,7142,234188,07395,198
2018-01-03$5.12$8.0057.4%18.3%40.0%29.7%73.1%-1.1%2.5%290.9K21.9M-162.2K0.3117.18N/AN/A8,2092,514189,18195,301
2018-01-04$5.09$5.0056.4%16.5%39.4%28.3%57.1%1.3%8.1%381.7K21.3M-158.9K0.7143.08N/AN/A3,4522,454195,72595,650
2018-01-05$4.96$5.0061.2%18.1%40.3%34.9%68.5%4.5%-1.4%364.8K22.8M-152.2K0.6227.80N/AN/A5,0383,132195,89995,717
2018-01-08$4.93$5.0061.4%17.7%39.7%35.2%69.7%-2.3%1.0%367.1K23.7M-145.9K0.6039.83N/AN/A4,4962,706195,21295,837
2018-01-09$4.99$5.0060.5%18.4%37.7%33.9%58.7%2.8%9.2%381.4K23.6M-145.6K0.5940.07N/AN/A4,7792,807196,27095,946
2018-01-10$5.08$5.0058.2%18.4%37.9%30.8%68.0%-4.0%8.6%401.7K23.0M-147.4K0.4844.36N/AN/A5,4252,579196,84396,024
2018-01-11$5.07$4.0059.4%17.1%37.6%32.5%68.7%5.0%-0.6%444.1K22.8M-145.4K0.5536.25N/AN/A4,3862,400197,99596,366
2018-01-12$4.97$4.0058.3%16.3%38.2%30.9%68.5%0.2%-2.7%419.0K23.4M-145.3K0.4736.60N/AN/A4,6152,175198,36296,318
2018-01-16$4.62$4.0063.5%18.4%42.4%38.1%64.7%-24.8%-7.7%268.1K27.2M-118.7K0.6242.87N/AN/A5,9943,690197,70795,858
2018-01-17$4.44$4.0066.4%19.0%42.7%42.2%64.7%-1.2%-2.2%155.0K26.6M-126.4K0.3827.52N/AN/A7,5022,837198,70296,674
2018-01-18$4.40$4.0074.6%22.2%42.1%53.5%72.7%-3.4%-24.1%131.9K27.0M-117.2K0.6730.30N/AN/A10,0346,737200,94896,972
2018-01-19$4.47$4.0070.7%21.5%39.1%48.1%73.9%-10.6%-32.4%127.4K28.3M-120.8K0.2774.74N/AN/A9,7182,612205,96099,784
2018-01-22$4.44$4.0059.9%18.3%37.5%33.1%66.4%1.9%11.3%126.6K6.3M-120.3K0.2227.81N/AN/A7,5921,65788,07447,644
2018-01-23$4.84$4.0055.8%16.1%49.0%27.4%58.5%1.8%4.6%178.8K4.1M-134.5K0.13123.09N/AN/A14,6111,96889,05648,006
2018-01-24$4.87$4.0052.3%15.5%48.5%22.6%54.6%-11.5%13.0%233.7K2.1M-144.2K0.08119.66N/AN/A15,4291,29894,87348,547
2018-01-25$4.99$4.0057.9%13.9%49.3%30.4%54.7%1.7%-2.4%261.0K1.4M-147.7K0.11106.07N/AN/A11,3051,26995,99348,648
2018-01-26$4.89$4.0053.9%14.9%49.9%24.8%58.8%-6.3%-0.5%246.7K1.3M-150.3K0.11117.78N/AN/A10,6171,18599,06648,706
2018-01-29$4.79$4.0060.3%14.8%50.3%33.8%53.9%8.0%-0.7%262.6K1.6M-141.9K0.42152.59N/AN/A9,9874,21399,10348,245
2018-01-30$4.60$4.0064.3%17.0%52.0%39.2%60.2%5.3%-10.2%230.1K3.4M-145.8K0.5579.55N/AN/A7,3164,053101,33850,191
2018-01-31$4.47$4.0056.0%15.3%52.4%27.8%56.9%10.1%4.8%214.1K5.5M-129.4K0.5598.44N/AN/A7,1823,939101,87150,485