OPK Options History — April 2018

In April 2018, OPK traded between $2.99 and $3.25. ATM implied volatility averaged 67.9%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 19.8%. IV traded above realized volatility by 15.2% (HV 20d: 52.7%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.81.

Notable Days

  • 2018-04-25: Highest Volume — 8,658 contracts
  • 2018-04-19: Largest IV drop — 15.0% change
  • 2018-04-13: Highest IV Rank — 41.6%
  • 2018-04-30: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.09$2.99$3.25$3.05$3.07
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV67.9%59.9%73.1%59.9%68.5%
Expected Move19.8%16.6%22.3%18.6%22.3%
HV 20d52.7%41.1%68.8%68.8%41.1%
HV 60d58.8%56.9%60.9%59.2%57.2%
IV Rank38.2%33.1%41.6%33.1%38.6%
IV Percentile89.0%77.0%94.8%80.6%87.7%
Term Structure1.9%-9.2%12.5%8.2%4.2%
VWIV67.4%50.7%81.2%61.2%74.2%
Skew 25d0.3%-22.9%19.4%3.7%9.8%
Skew 10d10.1%-14.5%41.5%16.9%4.6%
Call IV 25d67.0%51.0%82.7%67.7%51.0%
Put IV 25d67.3%53.2%83.4%71.4%60.8%
Bid-Ask Spread %37.0412.83114.19114.1981.23
Gamma HHI0.250.210.320.250.30
Net GEX55.9K39.8K81.0K44.0K62.9K
Net DEX6.4M5.4M7.4M6.4M6.6M
Net VEX-84.8K-97.6K-72.3K-85.6K-79.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.231.290.631.29
Total Volume3,910.192,7238,6584,2888,188
Total OI136,587.762133,470141,875133,470141,231

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-04-02$3.05$3.0059.9%18.6%68.8%33.1%61.2%3.7%8.2%44.0K6.4M-85.6K0.63114.19N/AN/A2,6371,65186,73746,733
2018-04-03$3.03$3.0066.2%19.3%65.7%37.1%74.3%-13.3%4.6%61.0K6.5M-83.2K1.21102.01N/AN/A1,3841,68087,63646,839
2018-04-04$3.16$3.0067.7%18.1%67.2%38.1%58.7%19.4%-6.4%52.4K5.8M-93.2K1.1879.67N/AN/A1,4321,68487,84246,504
2018-04-05$3.22$3.0066.5%20.9%67.2%37.3%70.6%8.7%2.4%63.5K5.4M-97.6K1.2625.58N/AN/A1,3441,68788,00546,812
2018-04-06$3.10$3.0073.0%20.8%68.5%41.5%77.7%-2.4%12.5%46.9K5.5M-94.8K1.2818.20N/AN/A1,3301,70488,23846,797
2018-04-09$2.99$3.0069.2%20.2%61.6%39.1%64.7%11.1%-0.3%41.8K6.2M-87.7K0.5814.98N/AN/A2,3701,37687,27946,617
2018-04-10$3.08$3.0063.3%20.1%63.1%35.3%72.5%11.2%9.1%57.4K6.4M-84.3K0.7014.79N/AN/A1,8081,26488,53847,313
2018-04-11$3.08$3.0071.1%20.2%57.8%40.3%58.2%18.0%-1.5%69.6K6.3M-86.3K0.6234.75N/AN/A1,9371,20589,04347,341
2018-04-12$3.00$3.0067.8%21.0%58.0%38.2%73.4%-18.6%7.2%64.8K6.4M-84.8K0.7314.70N/AN/A1,5761,14789,30147,349
2018-04-13$3.00$3.0073.1%19.4%57.6%41.6%61.3%-22.9%-9.2%39.8K6.6M-83.9K0.6715.50N/AN/A1,6711,11489,51847,393
2018-04-16$3.03$3.0067.9%19.2%44.2%38.2%50.7%7.0%4.5%40.3K6.9M-80.8K0.4412.83N/AN/A2,6461,16587,90047,315
2018-04-17$3.13$3.0063.2%18.6%46.4%35.2%52.7%-12.3%6.6%49.3K7.0M-84.2K0.4612.83N/AN/A2,4731,13288,95047,432
2018-04-18$3.25$3.0071.0%20.3%42.9%40.2%70.7%-3.4%-7.9%63.5K5.8M-94.0K0.6416.55N/AN/A2,1801,39490,15746,783
2018-04-19$3.19$3.0060.3%16.6%42.8%33.4%60.3%-16.8%9.3%65.3K6.4M-85.1K0.8921.28N/AN/A1,7911,59690,97946,973
2018-04-20$3.12$3.0069.2%19.6%43.2%39.1%74.8%-13.0%5.6%50.3K6.2M-85.3K0.7634.47N/AN/A2,1291,61791,20147,250
2018-04-23$3.05$3.0071.4%21.6%43.4%40.5%81.2%7.0%3.5%47.4K7.0M-76.6K0.6728.95N/AN/A2,1361,42288,16546,710
2018-04-24$3.00$3.0071.6%19.9%43.1%40.6%69.6%11.8%-6.4%45.6K7.4M-72.3K0.6851.19N/AN/A2,2971,56488,74746,819
2018-04-25$3.04$3.0072.6%21.3%41.5%41.2%76.7%5.8%2.9%59.1K6.8M-79.3K0.2319.74N/AN/A7,0581,60089,26847,122
2018-04-26$3.11$3.0070.8%18.8%41.7%40.1%66.9%-2.2%-6.5%81.0K6.4M-80.9K0.8515.90N/AN/A1,9221,63594,59947,032
2018-04-27$3.17$3.0062.0%18.6%41.9%34.4%65.2%-2.5%-2.8%68.7K6.2M-82.3K1.2148.43N/AN/A1,8882,28094,88646,989
2018-04-30$3.07$3.0068.5%22.3%41.1%38.6%74.2%9.8%4.2%62.9K6.6M-79.2K1.2981.23N/AN/A3,5764,61293,91347,318