OPK Options History — July 2018

In July 2018, OPK traded between $4.68 and $6.27. ATM implied volatility averaged 89.4%, placing in the 52.0% IV rank vs the trailing year. The 30-day expected move averaged 26.4%. IV traded above realized volatility by 26.6% (HV 20d: 62.8%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.64.

Notable Days

  • 2018-07-12: Highest Volume — 37,020 contracts
  • 2018-07-06: Largest IV spike — 8.6% change
  • 2018-07-26: Highest IV Rank — 57.1%
  • 2018-07-31: Largest Expected Move — 30.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.56$4.68$6.27$4.68$5.58
Max Pain$4.81$4.00$5.00$4.50$5.00
ATM IV89.4%81.0%97.3%81.0%88.4%
Expected Move26.4%23.3%30.0%23.3%30.0%
HV 20d62.8%54.4%73.9%56.0%73.9%
HV 60d84.2%80.8%89.0%81.4%89.0%
IV Rank52.0%46.7%57.1%46.7%51.4%
IV Percentile97.2%92.9%99.2%97.2%92.9%
Term Structure-1.0%-9.9%17.2%10.9%-2.3%
VWIV91.6%78.7%104.0%78.7%103.3%
Skew 25d4.2%-2.8%12.5%9.6%-2.8%
Skew 10d14.7%-24.4%49.0%38.0%42.0%
Call IV 25d88.3%79.0%98.1%79.6%93.1%
Put IV 25d92.5%82.3%100.6%89.2%90.3%
Bid-Ask Spread %34.3112.8059.6020.1033.89
Gamma HHI0.280.210.360.260.36
Net GEX463.9K293.4K668.4K364.8K531.7K
Net DEX-25.0M-45.6M-1.5M-11.7M-18.0M
Net VEX-264.0K-318.1K-199.2K-199.2K-283.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.211.760.700.37
Total Volume14,356.4295,28637,0208,6677,983
Total OI240,644.952194,187273,423194,187267,013

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$4.68$4.5081.0%23.3%56.0%46.7%78.7%9.6%10.9%364.8K-11.7M-199.2K0.7020.10N/AN/A5,1013,566140,47253,715
2018-07-03$4.76$4.5081.9%23.6%56.2%47.2%80.3%3.4%13.3%378.2K-12.7M-199.9K0.6631.78N/AN/A5,1513,387141,01053,790
2018-07-05$4.82$4.0083.2%27.2%54.8%48.0%95.9%6.9%17.2%409.3K-13.4M-199.8K1.5138.14N/AN/A2,2633,426141,76954,002
2018-07-06$5.22$4.0090.4%27.8%60.3%52.7%95.4%2.0%10.4%397.3K-22.3M-224.5K0.2143.37N/AN/A22,3374,661142,47454,138
2018-07-09$5.47$4.0089.7%26.7%60.4%52.2%88.2%12.5%-1.7%455.0K-28.8M-234.5K0.4537.62N/AN/A7,3583,338153,04957,142
2018-07-10$5.77$5.0089.6%24.9%61.2%52.2%80.0%11.1%-2.4%448.8K-35.0M-247.4K0.3732.36N/AN/A10,0103,665155,70858,648
2018-07-11$6.01$5.0093.2%25.0%61.9%54.5%88.7%3.7%-6.1%455.5K-42.1M-260.2K0.2341.07N/AN/A15,3213,568159,75859,187
2018-07-12$6.22$5.0091.3%24.7%61.9%53.3%85.0%3.9%-7.1%487.1K-45.6M-265.8K0.6035.85N/AN/A23,17213,848163,16560,100
2018-07-13$5.85$5.0091.2%25.9%67.8%53.2%87.6%0.6%-2.1%444.2K-38.3M-282.8K1.7623.33N/AN/A4,8868,589179,67571,449
2018-07-16$6.06$5.0088.8%25.2%67.2%51.7%90.6%11.1%-2.5%449.4K-33.6M-285.4K1.0743.58N/AN/A9,63510,345167,70774,755
2018-07-17$6.27$5.0088.4%25.3%67.2%51.4%87.0%2.5%-5.3%503.6K-38.8M-305.7K0.4122.77N/AN/A22,6129,217169,39081,525
2018-07-18$6.17$5.0091.5%26.2%67.4%53.4%91.4%4.4%-3.3%631.8K-39.5M-318.1K0.3456.01N/AN/A9,2703,112183,82381,667
2018-07-19$5.98$5.0087.4%25.1%61.4%50.7%89.6%0.5%-0.1%668.4K-36.8M-318.1K0.4433.65N/AN/A6,7603,005186,76882,841
2018-07-20$5.89$5.0089.3%26.2%54.4%52.0%90.7%2.2%-3.8%573.1K-34.2M-305.7K0.6918.40N/AN/A3,3702,333190,09283,154
2018-07-23$5.99$5.0085.3%24.7%54.4%49.4%88.6%5.8%-4.7%608.9K-29.7M-303.9K0.4823.90N/AN/A3,5811,705177,82377,543
2018-07-24$5.54$5.0090.5%27.3%62.6%52.7%97.0%7.7%-1.2%525.2K-19.3M-276.1K0.7155.31N/AN/A16,20011,528178,92477,856
2018-07-25$5.37$5.0092.5%28.3%63.4%54.0%97.5%0.3%-2.8%437.3K-13.2M-279.8K0.8024.69N/AN/A5,1974,153178,46986,426
2018-07-26$4.99$5.0097.3%29.4%68.5%57.1%104.0%-1.1%-9.0%312.2K-3.9M-251.4K0.4759.60N/AN/A9,0894,245179,94589,211
2018-07-27$4.95$5.0095.4%29.4%68.6%55.9%101.2%1.9%-9.9%293.4K-1.5M-245.0K0.6132.38N/AN/A4,8562,974184,02089,403
2018-07-30$5.18$5.0091.4%29.0%69.7%53.3%102.3%2.1%-9.0%366.4K-7.3M-257.5K0.5412.80N/AN/A4,3242,344178,64387,295
2018-07-31$5.58$5.0088.4%30.0%73.9%51.4%103.3%-2.8%-2.3%531.7K-18.0M-283.3K0.3733.89N/AN/A5,8392,144179,71587,298