OPK Options History — November 2018

In November 2018, OPK traded between $3.09 and $3.85. ATM implied volatility averaged 76.1%, placing in the 37.5% IV rank vs the trailing year. The 30-day expected move averaged 22.1%. IV traded below realized volatility by 26.5% (HV 20d: 102.6%). Max pain ranged from $3.00 to $5.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 2.58.

Notable Days

  • 2018-11-12: Highest Volume — 12,623 contracts
  • 2018-11-12: Largest IV drop — 24.2% change
  • 2018-11-09: Highest IV Rank — 50.7%
  • 2018-11-01: Largest Expected Move — 26.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.53$3.09$3.85$3.61$3.71
Max Pain$4.71$3.00$5.00$3.00$4.00
ATM IV76.1%61.0%99.8%86.1%61.0%
Expected Move22.1%17.7%26.9%26.9%19.7%
HV 20d102.6%66.6%121.5%72.3%115.5%
HV 60d92.1%78.4%99.7%78.4%99.7%
IV Rank37.5%29.2%50.7%43.1%29.2%
IV Percentile64.2%30.2%96.8%81.7%30.2%
Term Structure-0.3%-7.6%16.7%-4.1%7.8%
VWIV75.6%58.3%99.4%99.4%58.3%
Skew 25d9.3%-6.4%26.2%26.2%2.9%
Skew 10d15.6%-2.8%34.1%0.6%-0.6%
Call IV 25d68.5%41.7%105.9%59.2%52.8%
Put IV 25d77.8%55.6%107.0%85.5%55.6%
Bid-Ask Spread %23.5013.5178.2236.2578.22
Gamma HHI0.370.320.440.330.44
Net GEX-117.7K-151.8K-101.5K-104.7K-140.9K
Net DEX21.3M18.3M23.2M20.1M22.0M
Net VEX-99.3K-126.3K-77.7K-115.1K-91.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.580.554.680.554.52
Total Volume7,167.6674,56612,6234,5708,049
Total OI244,024.048238,969250,027244,995241,315

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$3.61$3.0086.1%26.9%72.3%43.1%99.4%26.2%-4.1%-104.7K20.1M-115.1K0.5536.25N/AN/A2,9561,614134,075110,920
2018-11-02$3.77$3.0079.8%25.4%73.4%39.6%79.2%9.8%-7.2%-121.8K19.4M-123.7K0.7116.42N/AN/A3,4932,495134,825110,936
2018-11-05$3.58$5.0085.3%22.5%71.3%42.6%83.6%10.8%2.8%-112.7K20.3M-113.6K1.2814.22N/AN/A2,3052,945134,007110,537
2018-11-06$3.70$5.0088.0%23.2%66.6%44.2%79.2%9.8%-5.8%-113.9K19.4M-120.1K1.3213.51N/AN/A2,2122,913134,586111,123
2018-11-07$3.85$5.0079.8%22.3%67.4%39.6%79.7%22.0%-1.8%-101.5K18.3M-126.3K3.7018.39N/AN/A1,6155,978135,228110,935
2018-11-08$3.49$5.0088.8%26.3%76.4%44.6%76.9%9.5%-7.6%-114.9K20.8M-108.0K1.7415.13N/AN/A1,6642,902135,351114,079
2018-11-09$3.09$5.0099.8%26.1%87.5%50.7%91.9%1.2%16.7%-109.8K21.9M-89.0K1.6320.46N/AN/A3,0294,939135,262114,765
2018-11-12$3.78$5.0075.7%20.6%114.1%37.3%71.3%4.9%-6.6%-151.8K20.9M-115.3K1.0219.18N/AN/A6,2386,385134,159114,634
2018-11-13$3.47$5.0074.9%22.4%117.5%36.9%71.8%10.4%0.5%-131.9K22.0M-97.6K1.7218.40N/AN/A2,9205,034135,398112,832
2018-11-14$3.26$5.0077.7%23.0%119.2%38.5%79.2%-3.9%4.4%-112.0K22.0M-87.3K1.0319.98N/AN/A2,4752,546136,247110,700
2018-11-15$3.46$5.0072.6%23.7%120.9%35.6%78.9%4.7%13.4%-107.7K21.1M-95.5K2.6418.09N/AN/A1,9975,274136,318109,590
2018-11-16$3.56$5.0072.4%20.2%121.3%35.5%72.0%13.6%-4.3%-118.5K21.1M-97.8K2.4821.06N/AN/A2,1975,449136,544109,591
2018-11-19$3.48$5.0074.4%20.9%121.5%36.6%73.2%12.7%-6.1%-115.0K22.2M-90.8K3.8820.85N/AN/A1,5836,149132,886106,604
2018-11-20$3.59$5.0072.4%20.8%121.2%35.5%75.7%20.8%-5.4%-126.0K21.6M-98.4K3.2318.70N/AN/A1,8746,055133,072107,347
2018-11-21$3.50$5.0075.1%21.5%116.0%37.0%68.6%10.0%-4.9%-107.3K21.6M-92.6K4.1014.05N/AN/A1,3735,631133,635107,325
2018-11-23$3.44$5.0072.8%21.3%112.9%35.7%69.2%-6.4%-4.1%-120.4K22.4M-87.0K3.3725.15N/AN/A1,6505,563133,703106,809
2018-11-26$3.45$5.0069.5%19.6%112.4%33.9%74.4%-0.7%-4.4%-113.8K22.4M-85.6K4.6816.61N/AN/A1,2475,832132,707106,262
2018-11-27$3.26$5.0066.5%21.4%114.3%32.3%73.8%-4.1%5.8%-104.6K22.8M-77.7K3.4613.90N/AN/A1,7716,131133,125106,567
2018-11-28$3.42$5.0062.5%19.3%115.5%30.0%68.3%25.5%5.0%-114.5K23.2M-78.5K3.9515.02N/AN/A1,5516,130133,118106,930
2018-11-29$3.66$4.0063.0%17.7%117.9%30.3%62.4%16.6%-1.0%-129.1K21.8M-92.7K3.2659.98N/AN/A1,9646,393133,533106,925
2018-11-30$3.71$4.0061.0%19.7%115.5%29.2%58.3%2.9%7.8%-140.9K22.0M-91.7K4.5278.22N/AN/A1,4596,590134,140107,175