OPK Options History — February 2019

In February 2019, OPK traded between $2.54 and $3.58. ATM implied volatility averaged 80.0%, placing in the 39.7% IV rank vs the trailing year. The 30-day expected move averaged 23.1%. IV traded above realized volatility by 5.8% (HV 20d: 74.2%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 1.41.

Notable Days

  • 2019-02-05: Highest Volume — 27,439 contracts
  • 2019-02-05: Largest IV spike — 18.7% change
  • 2019-02-05: Highest IV Rank — 47.7%
  • 2019-02-27: Largest Expected Move — 28.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.86$2.54$3.58$3.58$2.54
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV80.0%73.9%94.3%76.5%92.1%
Expected Move23.1%19.8%28.0%20.9%22.7%
HV 20d74.2%50.0%79.7%52.7%71.4%
HV 60d87.7%81.3%101.6%95.6%82.8%
IV Rank39.7%36.3%47.7%37.8%46.4%
IV Percentile69.1%54.0%94.8%64.7%93.7%
Term Structure-0.0%-5.8%7.1%-2.5%-5.8%
VWIV78.9%62.1%97.4%75.5%74.6%
Skew 25d8.3%-11.0%31.4%20.6%14.2%
Skew 10d11.3%-1.1%26.6%22.0%26.6%
Call IV 25d67.0%53.0%96.7%60.8%63.5%
Put IV 25d75.3%57.0%95.0%81.4%77.7%
Bid-Ask Spread %29.438.9395.7317.6434.52
Gamma HHI0.370.300.460.440.34
Net GEX-85.2K-161.4K-55.7K-118.4K-58.6K
Net DEX15.7M13.0M18.1M15.4M14.0M
Net VEX-76.8K-107.6K-65.3K-107.6K-65.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.410.044.160.392.33
Total Volume5,653.57926627,4391,3256,333
Total OI139,326.526126,384145,691126,898145,691

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$3.58$5.0076.5%20.9%52.7%37.8%75.5%20.6%-2.5%-118.4K15.4M-107.6K0.3917.64N/AN/A95437138,79588,103
2019-02-04$3.51$5.0079.5%21.2%50.0%39.4%75.5%24.4%-4.1%-112.4K15.8M-102.1K0.1717.10N/AN/A2273938,25788,127
2019-02-05$2.94$5.0094.3%25.4%78.9%47.7%84.6%-1.7%-4.8%-84.7K16.9M-78.1K2.0514.78N/AN/A9,00018,43938,37588,153
2019-02-06$2.82$5.0080.6%22.8%79.7%40.1%68.8%-4.0%-0.8%-123.6K17.0M-77.2K0.538.93N/AN/A1,10959345,07497,556
2019-02-07$2.75$5.0076.6%21.9%78.9%37.8%76.3%14.7%-0.1%-120.7K17.7M-67.4K1.8313.10N/AN/A1,4072,56945,42697,039
2019-02-08$2.69$5.0080.6%22.3%77.9%40.1%78.3%11.2%-1.7%-92.8K18.1M-67.1K2.8713.06N/AN/A1,1443,28545,93198,981
2019-02-11$2.73$5.0078.6%22.5%76.8%38.9%74.9%0.6%2.0%-109.7K17.6M-67.9K1.5213.23N/AN/A44667745,69697,693
2019-02-12$2.81$5.0075.0%21.5%78.3%36.9%70.9%-0.1%-1.8%-161.4K17.2M-74.3K1.6411.34N/AN/A1,0651,75045,85897,888
2019-02-13$2.77$5.0074.7%21.4%78.1%36.7%69.9%-4.3%5.0%-62.4K17.0M-73.5K1.6316.60N/AN/A1,1051,80446,30896,213
2019-02-14$2.79$5.0073.9%20.8%78.5%36.3%62.1%-2.1%7.1%-62.9K16.5M-73.0K0.4413.58N/AN/A84337346,71793,752
2019-02-15$2.84$5.0077.3%22.6%79.3%38.2%78.5%0.2%-4.0%-61.8K16.6M-73.4K4.1611.13N/AN/A1,4025,83346,75193,715
2019-02-19$2.82$5.0078.8%21.8%78.3%39.0%76.1%25.9%4.8%-69.3K14.2M-73.7K1.8049.81N/AN/A3,1045,59444,88487,062
2019-02-20$2.75$5.0080.2%27.6%78.2%39.8%85.3%15.6%0.3%-77.1K14.9M-71.9K1.2747.97N/AN/A5,9887,59044,97093,739
2019-02-21$2.75$5.0084.9%19.8%78.4%42.4%91.5%-3.4%2.2%-62.1K14.4M-72.9K2.3642.02N/AN/A3,8189,02046,96890,672
2019-02-22$2.77$5.0078.5%24.4%78.4%38.9%84.7%-3.8%4.7%-64.4K14.1M-74.7K1.5651.86N/AN/A3,0924,82049,15292,611
2019-02-25$2.83$5.0079.0%24.0%75.8%39.2%83.4%31.4%1.0%-62.1K13.6M-80.1K0.0548.40N/AN/A7133451,04492,224
2019-02-26$2.83$5.0076.1%26.4%70.5%37.5%91.0%29.5%-1.6%-55.7K13.3M-79.8K0.0938.33N/AN/A4934351,50692,229
2019-02-27$2.76$5.0082.4%28.0%70.2%41.0%97.4%-11.0%-0.5%-59.0K13.0M-80.0K0.0495.73N/AN/A2,2578451,79592,249
2019-02-28$2.54$5.0092.1%22.7%71.4%46.4%74.6%14.2%-5.8%-58.6K14.0M-65.3K2.3334.52N/AN/A1,9024,43153,38792,304