OPK Options History — September 2018

In September 2018, OPK traded between $3.30 and $5.83. ATM implied volatility averaged 92.8%, placing in the 47.7% IV rank vs the trailing year. The 30-day expected move averaged 23.9%. IV traded above realized volatility by 8.7% (HV 20d: 84.1%). Max pain ranged from $5.00 to $7.00. Net GEX was positive for 9 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 4.72.

Notable Days

  • 2018-09-27: Highest Volume — 66,587 contracts
  • 2018-09-10: Largest IV spike — 522.7% change
  • 2018-09-10: Highest IV Rank — 100.0%
  • 2018-09-13: Largest Expected Move — 33.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.44$3.30$5.83$5.83$3.43
Max Pain$5.63$5.00$7.00$5.00$5.00
ATM IV92.8%29.7%188.8%53.6%83.8%
Expected Move23.9%11.7%33.2%15.7%22.6%
HV 20d84.1%39.8%100.9%41.2%100.9%
HV 60d72.5%59.0%80.2%59.1%80.2%
IV Rank47.7%13.7%100.0%29.1%41.8%
IV Percentile77.1%2.4%100.0%30.6%86.9%
Term Structure-9.2%-34.1%4.6%-3.1%-7.8%
VWIV70.3%41.1%91.3%51.7%80.4%
Skew 25d5.1%-7.5%26.0%3.7%16.9%
Skew 10d6.9%-34.4%57.8%15.5%57.8%
Call IV 25d92.3%34.9%190.0%49.8%75.5%
Put IV 25d97.5%27.4%188.9%53.4%92.4%
Bid-Ask Spread %27.0111.40163.4412.3019.97
Gamma HHI0.300.170.700.330.36
Net GEX74.2K-182.1K526.4K526.4K-103.2K
Net DEX9.6M-21.2M24.5M-21.2M21.6M
Net VEX-137.6K-254.2K-26.7K-254.2K-135.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.720.4622.361.101.50
Total Volume13,871.0533,29766,5874,6147,103
Total OI235,408.105121,819291,419267,820256,291

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-09-04$5.83$5.0053.6%15.7%41.2%29.1%51.7%3.7%-3.1%526.4K-21.2M-254.2K1.1012.30N/AN/A2,1992,415174,48593,335
2018-09-05$5.80$5.0056.3%16.9%40.0%30.8%49.0%6.8%0.2%517.9K-20.4M-252.8K1.1220.47N/AN/A2,2762,550175,70594,170
2018-09-06$5.65$6.0056.8%16.4%39.8%31.1%57.7%0.7%1.3%460.3K-15.5M-249.1K0.6139.64N/AN/A4,0632,489175,90594,204
2018-09-07$4.58$6.0029.7%11.7%84.8%13.7%41.1%-7.5%-19.1%-182.1K24.5M-58.8K5.85163.44N/AN/A5,19930,393176,82694,303
2018-09-10$4.58$7.00184.9%31.9%84.7%100.0%0.0%-0.8%-31.4%-15.5K12.4M-26.8K12.6225.88N/AN/A1,45018,30378,26043,689
2018-09-11$4.58$7.00188.8%32.3%84.7%100.0%0.0%-0.9%-32.3%-15.5K12.4M-26.8K12.6225.88N/AN/A1,45018,30378,13043,689
2018-09-12$4.58$7.00149.3%32.7%84.8%78.1%0.0%-0.9%-33.2%-15.5K12.4M-26.7K12.6225.88N/AN/A1,45018,30378,26043,689
2018-09-13$4.58$7.00115.8%33.2%84.7%59.5%0.0%-1.1%-34.1%-15.6K12.4M-26.7K12.6225.88N/AN/A1,45018,30378,21243,689
2018-09-14$4.06$6.00104.0%28.2%91.7%53.0%81.3%26.0%-6.2%48.6K13.9M-173.7K1.1714.43N/AN/A5,3296,255176,571109,733
2018-09-17$4.36$6.0087.5%24.7%95.8%43.9%91.3%1.9%1.8%58.1K13.5M-178.2K0.4627.00N/AN/A9,0384,173176,521109,439
2018-09-18$4.26$5.0088.5%25.3%95.9%44.4%66.8%13.2%-4.0%60.3K14.5M-170.9K0.8811.40N/AN/A3,1932,825179,835109,995
2018-09-19$4.46$5.0091.1%26.1%97.3%45.8%77.7%22.6%-8.1%87.8K13.5M-178.5K0.8014.07N/AN/A3,1502,525180,595109,995
2018-09-20$4.31$5.0078.2%22.4%96.2%38.7%72.2%-5.2%0.3%71.3K14.8M-169.1K1.0220.67N/AN/A2,6572,700181,069109,989
2018-09-21$4.26$5.0074.7%21.7%96.1%36.7%75.5%-6.2%-2.9%-7.2K16.6M-158.8K0.5311.44N/AN/A3,1471,668181,214110,205
2018-09-24$4.10$5.0078.9%23.5%96.2%39.1%79.6%11.3%1.4%-9.0K12.7M-151.0K0.4714.83N/AN/A3,1591,484135,24191,982
2018-09-25$3.98$5.0075.4%21.1%92.0%37.2%68.5%4.1%-3.7%53013.4M-142.9K0.8715.05N/AN/A1,7671,530136,52992,248
2018-09-26$3.72$5.0082.4%22.8%93.4%41.1%77.5%9.6%4.6%-23.3K15.1M-126.6K0.5112.83N/AN/A3,0961,568136,72892,427
2018-09-27$3.30$5.0084.0%24.9%98.4%41.9%83.6%3.5%2.5%-34.8K15.7M-107.0K22.3612.07N/AN/A2,85163,736137,84091,756
2018-09-28$3.43$5.0083.8%22.6%100.9%41.8%80.4%16.9%-7.8%-103.2K21.6M-135.5K1.5019.97N/AN/A2,8364,267138,719117,572