OPK Options History — June 2018

In June 2018, OPK traded between $3.98 and $4.87. ATM implied volatility averaged 65.7%, placing in the 36.8% IV rank vs the trailing year. The 30-day expected move averaged 19.3%. IV traded below realized volatility by 12.9% (HV 20d: 78.6%). Max pain ranged from $4.00 to $4.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.47.

Notable Days

  • 2018-06-26: Highest Volume — 24,183 contracts
  • 2018-06-19: Largest IV spike — 19.6% change
  • 2018-06-27: Highest IV Rank — 44.9%
  • 2018-06-28: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.43$3.98$4.87$3.98$4.66
Max Pain$4.07$4.00$4.50$4.00$4.50
ATM IV65.7%54.1%78.3%61.9%74.1%
Expected Move19.3%16.7%22.3%17.2%22.3%
HV 20d78.6%34.6%126.5%125.7%57.3%
HV 60d81.6%78.7%84.8%84.5%81.9%
IV Rank36.8%29.4%44.9%34.4%42.2%
IV Percentile75.9%50.8%96.8%71.8%92.1%
Term Structure0.9%-7.5%6.9%0.8%3.6%
VWIV66.9%53.7%83.3%53.7%82.9%
Skew 25d6.9%-9.3%21.0%1.7%2.3%
Skew 10d15.7%-8.7%40.1%13.2%-8.7%
Call IV 25d61.7%41.6%80.2%62.4%71.9%
Put IV 25d68.7%45.5%83.3%64.1%74.2%
Bid-Ask Spread %33.4116.2895.6824.3826.58
Gamma HHI0.250.210.360.360.26
Net GEX320.9K251.3K437.0K283.6K361.6K
Net DEX-8.2M-15.3M-1.8M-1.8M-12.5M
Net VEX-173.1K-205.2K-142.5K-142.5K-202.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.161.020.660.61
Total Volume9,812.814,95824,1835,6958,851
Total OI178,812.619159,550197,016176,280195,260

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$3.98$4.0061.9%17.2%125.7%34.4%53.7%1.7%0.8%283.6K-1.8M-142.5K0.6624.38N/AN/A3,4292,266127,55048,730
2018-06-04$4.14$4.0065.6%19.0%126.1%36.8%62.0%8.1%6.1%309.6K-3.6M-148.2K0.6530.95N/AN/A3,4572,248127,32549,078
2018-06-05$4.16$4.0062.3%18.4%125.9%34.7%58.8%21.0%2.9%322.6K-5.1M-159.6K0.1724.91N/AN/A13,5012,342127,88348,880
2018-06-06$4.05$4.0059.7%16.7%126.5%33.0%58.3%-9.3%-3.2%322.3K-3.2M-148.8K0.2317.54N/AN/A8,4151,939131,54749,251
2018-06-07$4.09$4.0060.0%17.3%92.6%33.2%59.6%11.8%1.0%346.6K-3.8M-152.6K0.2121.98N/AN/A8,0841,738131,88249,530
2018-06-08$4.28$4.0054.1%19.1%92.1%29.4%64.8%19.1%4.7%343.8K-5.8M-159.7K0.5827.32N/AN/A3,1441,814132,11549,535
2018-06-11$4.22$4.0060.6%17.5%91.4%33.5%60.2%10.2%2.7%385.9K-5.1M-157.8K0.8822.71N/AN/A2,6662,342130,76649,231
2018-06-12$4.31$4.0056.1%18.1%88.4%30.6%61.3%20.0%6.9%351.5K-6.1M-158.9K0.3916.96N/AN/A4,0931,587131,03649,089
2018-06-13$4.46$4.0065.8%20.2%89.5%36.9%68.3%-8.7%-4.0%325.5K-9.7M-170.2K0.2180.84N/AN/A10,1142,143131,40348,944
2018-06-14$4.50$4.0061.6%17.2%87.4%34.2%60.7%-2.5%-5.5%294.7K-10.7M-173.9K0.5625.19N/AN/A4,8182,719136,48049,257
2018-06-15$4.42$4.0057.8%17.8%87.3%31.8%63.6%9.9%5.4%254.0K-9.9M-170.6K0.6940.74N/AN/A2,9612,029135,91349,222
2018-06-18$4.42$4.0060.2%16.9%42.2%33.3%63.2%5.7%3.3%256.0K-5.3M-165.2K0.1617.78N/AN/A9,8701,545116,09444,670
2018-06-19$4.36$4.0071.9%20.7%34.6%40.8%71.5%7.0%-7.5%251.3K-4.5M-160.7K0.3265.64N/AN/A5,1111,630114,84144,709
2018-06-20$4.83$4.0075.0%21.5%48.2%42.8%82.5%7.1%0.2%270.0K-11.6M-191.3K0.1937.63N/AN/A18,4193,485117,25244,831
2018-06-21$4.50$4.0066.7%19.1%55.2%37.5%65.5%0.7%-1.0%332.3K-10.5M-184.0K0.3895.68N/AN/A10,0773,803128,77146,841
2018-06-22$4.54$4.0066.6%18.6%55.2%37.4%62.9%17.0%4.0%296.7K-9.9M-182.8K0.2916.28N/AN/A5,4111,568128,97447,236
2018-06-25$4.71$4.0072.0%20.3%55.7%40.8%68.5%4.6%-2.2%320.3K-11.5M-193.5K0.8020.21N/AN/A4,1933,358126,64947,107
2018-06-26$4.87$4.0071.6%21.8%56.2%40.6%76.2%1.5%0.1%318.2K-13.9M-204.9K0.3550.65N/AN/A17,8946,289128,90349,039
2018-06-27$4.75$4.5078.3%22.3%56.7%44.9%83.3%15.4%0.4%437.0K-15.3M-205.2K1.0219.63N/AN/A3,7013,759144,57552,441
2018-06-28$4.76$4.5077.7%22.3%56.6%44.5%77.4%3.1%-0.4%354.4K-12.8M-203.2K0.5718.02N/AN/A5,9143,342139,07853,147
2018-06-29$4.66$4.5074.1%22.3%57.3%42.2%82.9%2.3%3.6%361.6K-12.5M-202.3K0.6126.58N/AN/A5,4923,359141,85153,409