OPK Options History — January 2019

In January 2019, OPK traded between $3.23 and $3.86. ATM implied volatility averaged 72.0%, placing in the 35.3% IV rank vs the trailing year. The 30-day expected move averaged 20.7%. IV traded below realized volatility by 27.6% (HV 20d: 99.6%). 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 10 of 21 days. Put/call ratio averaged 0.44.

Notable Days

  • 2019-01-02: Highest Volume — 4,217 contracts
  • 2019-01-08: Largest IV spike — 24.6% change
  • 2019-01-02: Highest IV Rank — 46.1%
  • 2019-01-02: Largest Expected Move — 26.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.64$3.23$3.86$3.23$3.64
Max Pain$3.19$3.00$5.00$5.00$5.00
ATM IV72.0%55.4%91.5%91.5%72.9%
Expected Move20.7%15.3%26.4%26.4%22.0%
HV 20d99.6%52.8%112.8%112.1%52.8%
HV 60d97.7%94.8%100.3%100.3%96.1%
IV Rank35.3%26.1%46.1%46.1%35.8%
IV Percentile52.7%12.3%93.7%93.7%56.0%
Term Structure3.6%-12.8%24.3%3.9%-2.0%
VWIV67.5%48.0%91.2%91.2%72.3%
Skew 25d8.2%-6.7%30.6%9.4%10.9%
Skew 10d8.5%-16.3%43.5%12.1%16.7%
Call IV 25d56.1%42.7%79.2%70.0%50.7%
Put IV 25d64.4%36.0%92.5%79.4%61.6%
Bid-Ask Spread %55.5810.4192.1250.4714.02
Gamma HHI0.480.450.540.540.46
Net GEX-121.3K-139.7K-111.3K-111.3K-117.3K
Net DEX21.3M14.3M26.3M25.9M14.9M
Net VEX-116.1K-129.3K-103.6K-103.6K-110.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.050.890.250.63
Total Volume1,848.818424,2174,2171,245
Total OI200,053.048123,764247,915241,153126,539

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$3.23$5.0091.5%26.4%112.1%46.1%91.2%9.4%3.9%-111.3K25.9M-103.6K0.2550.47N/AN/A3,384833116,660124,493
2019-01-03$3.32$3.0079.2%21.9%111.1%39.3%74.0%23.4%-2.5%-115.2K26.3M-104.5K0.2052.55N/AN/A2,504499118,453124,957
2019-01-04$3.50$3.0076.0%22.7%112.8%37.5%71.3%14.0%-3.3%-119.7K25.7M-114.9K0.2964.64N/AN/A2,675787119,790124,955
2019-01-07$3.62$3.0065.8%19.0%109.2%31.8%77.6%5.2%-12.8%-130.4K24.8M-120.8K0.5460.69N/AN/A903489119,943124,534
2019-01-08$3.60$3.0082.0%23.1%109.2%40.8%76.3%12.0%-0.6%-118.2K24.8M-119.7K0.3592.12N/AN/A2,116731120,627124,669
2019-01-09$3.67$3.0074.4%21.8%109.3%36.6%72.5%0.9%2.8%-120.7K24.5M-122.0K0.8575.16N/AN/A1,001849122,136124,936
2019-01-10$3.74$3.0072.8%21.4%109.4%35.7%76.5%13.9%6.3%-119.2K25.0M-123.1K0.6570.46N/AN/A1,034675122,410125,042
2019-01-11$3.86$3.0069.3%20.4%109.7%33.8%68.8%5.9%2.0%-125.9K24.6M-129.3K0.3410.41N/AN/A1,910646122,691125,184
2019-01-14$3.75$3.0075.9%22.0%110.1%37.4%56.1%-4.9%-7.0%-116.5K24.8M-124.7K0.3813.83N/AN/A610232122,184125,049
2019-01-15$3.76$3.0061.4%17.5%108.9%29.4%48.0%7.4%23.7%-116.7K25.5M-122.4K0.4241.13N/AN/A612256121,984125,123
2019-01-16$3.72$3.0069.9%20.0%108.1%34.1%69.9%-6.7%-2.3%-118.0K25.2M-119.8K0.2040.75N/AN/A2,216452122,125125,147
2019-01-17$3.69$3.0055.4%15.3%106.3%26.1%60.0%7.2%24.3%-118.1K25.9M-118.4K0.3077.19N/AN/A1,727523122,609125,190
2019-01-18$3.77$3.0067.3%20.0%102.9%32.6%68.2%-5.0%-7.4%-135.6K26.0M-119.7K0.8941.96N/AN/A786702122,621125,294
2019-01-22$3.67$3.0061.4%19.4%101.6%29.4%68.5%1.2%18.9%-130.0K14.5M-115.7K0.0571.94N/AN/A1,5338036,52287,242
2019-01-23$3.61$3.0066.0%19.9%99.2%32.0%54.6%4.7%17.0%-119.9K15.0M-113.2K0.1771.95N/AN/A92715937,23687,320
2019-01-24$3.64$3.0069.7%19.6%95.9%34.0%61.6%1.4%17.3%-123.2K14.3M-112.8K0.5856.63N/AN/A71041537,52987,386
2019-01-25$3.83$3.0069.3%18.1%96.6%33.8%58.6%21.8%11.8%-139.7K14.5M-120.1K0.6571.07N/AN/A87856937,65487,670
2019-01-28$3.50$3.0078.9%20.8%104.3%39.1%69.0%9.8%-7.6%-115.3K15.5M-104.2K0.3547.79N/AN/A64222237,62087,562
2019-01-29$3.54$3.0078.7%20.1%63.4%39.0%55.2%30.6%-4.7%-112.6K15.7M-104.9K0.5770.73N/AN/A62435738,09587,794
2019-01-30$3.69$3.0073.9%22.6%57.9%36.3%67.7%9.3%-1.5%-123.8K15.0M-112.7K0.4971.59N/AN/A88043238,20987,930
2019-01-31$3.64$5.0072.9%22.0%52.8%35.8%72.3%10.9%-2.0%-117.3K14.9M-110.9K0.6314.02N/AN/A76647938,50788,032