OPK Options History — March 2019

In March 2019, OPK traded between $2.42 and $2.74. ATM implied volatility averaged 68.4%, placing in the 30.9% IV rank vs the trailing year. The 30-day expected move averaged 19.4%. IV traded above realized volatility by 10.5% (HV 20d: 57.9%). Max pain ranged from $2.00 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 4.89.

Notable Days

  • 2019-03-15: Highest Volume — 63,498 contracts
  • 2019-03-18: Largest IV spike — 101.3% change
  • 2019-03-06: Highest IV Rank — 45.5%
  • 2019-03-18: Largest Expected Move — 24.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.55$2.42$2.74$2.74$2.61
Max Pain$3.65$2.00$5.00$5.00$2.00
ATM IV68.4%42.5%90.4%50.5%68.1%
Expected Move19.4%12.1%24.2%12.1%21.0%
HV 20d57.9%48.8%79.1%78.9%48.8%
HV 60d79.9%62.0%84.4%84.4%62.0%
IV Rank30.9%11.5%45.5%23.3%24.1%
IV Percentile39.2%0.8%89.3%3.2%32.9%
Term Structure-4.5%-58.1%19.7%6.1%-3.8%
VWIV65.3%44.6%95.8%44.6%50.3%
Skew 25d9.2%-13.4%46.4%-13.4%14.6%
Skew 10d2.3%-33.4%53.9%9.1%-21.0%
Call IV 25d54.9%41.9%83.4%59.5%52.0%
Put IV 25d64.1%40.4%93.2%46.1%66.7%
Bid-Ask Spread %53.7823.8184.5347.3761.63
Gamma HHI0.450.300.700.350.58
Net GEX-42.9K-60.3K-33.7K-60.3K-34.5K
Net DEX11.4M7.7M14.6M14.3M8.7M
Net VEX-80.7K-102.9K-56.6K-72.1K-99.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.890.0958.672.071.09
Total Volume7,877.95234463,4987,0691,415
Total OI140,369.238122,254159,555149,748133,200

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$2.74$5.0050.5%12.1%78.9%23.3%44.6%-13.4%6.1%-60.3K14.3M-72.1K2.0747.37N/AN/A2,3004,76954,08395,665
2019-03-04$2.67$5.0062.5%12.8%79.0%30.0%56.5%17.8%-7.4%-46.4K14.3M-69.9K1.3241.32N/AN/A18824953,65194,969
2019-03-05$2.66$5.0070.4%18.2%79.1%34.4%69.8%0.3%3.3%-49.7K14.0M-70.9K5.8140.28N/AN/A1881,09353,75395,175
2019-03-06$2.56$5.0090.4%22.2%51.7%45.5%77.4%16.4%-20.4%-55.5K13.7M-64.8K0.7126.55N/AN/A86160853,80794,685
2019-03-07$2.54$5.0077.9%18.8%50.0%38.5%66.1%-8.6%-9.3%-53.0K13.9M-64.3K1.3533.82N/AN/A44259554,49595,135
2019-03-08$2.45$5.0061.6%22.6%50.8%29.5%76.2%8.6%19.6%-36.7K14.2M-58.1K2.3126.20N/AN/A8061,85954,57494,928
2019-03-11$2.52$5.0075.4%21.0%51.7%37.2%75.9%9.0%2.4%-44.6K14.3M-62.8K0.0961.28N/AN/A6595754,24094,959
2019-03-12$2.53$5.0064.8%19.7%51.4%31.3%75.1%18.7%-24.8%-44.3K14.4M-62.6K0.6364.73N/AN/A39324854,67894,934
2019-03-13$2.53$5.0074.0%18.4%50.0%36.4%66.7%18.7%-34.7%-42.4K13.0M-62.3K0.3950.67N/AN/A83832554,81590,304
2019-03-14$2.42$5.0069.5%21.0%51.8%33.9%71.4%5.9%-2.0%-36.8K13.1M-56.6K58.6738.53N/AN/A1,02960,36755,28790,222
2019-03-15$2.50$5.0042.5%16.6%53.4%18.9%53.7%-5.7%6.2%-40.3K14.6M-87.6K18.6749.00N/AN/A3,22860,27055,722103,833
2019-03-18$2.51$0.0085.6%24.2%52.9%42.8%95.8%46.4%5.4%-38.9K9.2M-92.5K4.1975.57N/AN/A1,7247,21645,47876,776
2019-03-19$2.50$2.0056.8%17.8%52.9%26.8%54.7%3.1%-8.7%-52.9K9.6M-91.1K0.5146.04N/AN/A99351046,88782,137
2019-03-20$2.49$2.0087.1%16.0%52.4%43.6%53.0%18.1%-58.1%-41.1K9.1M-90.0K0.2484.53N/AN/A1,77342047,39982,393
2019-03-21$2.69$2.0074.2%22.1%60.0%36.5%56.8%4.4%0.9%-42.0K8.2M-102.9K0.2153.97N/AN/A3,34271147,98782,424
2019-03-22$2.56$2.0079.6%20.9%62.3%37.2%58.5%-1.1%9.5%-34.2K7.7M-102.0K0.5675.46N/AN/A1,27671249,70482,427
2019-03-25$2.53$2.0077.0%22.3%61.6%29.7%0.0%13.5%-3.4%-34.3K8.3M-97.5K0.5972.36N/AN/A21612849,42781,641
2019-03-26$2.53$2.0048.0%20.1%61.6%11.5%0.0%-0.4%-4.8%-33.7K8.5M-97.6K0.6279.45N/AN/A47129449,56581,764
2019-03-27$2.49$2.0061.4%19.6%61.3%19.9%67.9%9.3%9.8%-35.5K8.6M-93.4K1.0376.91N/AN/A79381749,98681,929
2019-03-28$2.50$2.0059.2%19.4%54.0%18.5%71.0%17.4%19.7%-44.1K8.7M-95.9K1.7123.81N/AN/A46379150,31582,401
2019-03-29$2.61$2.0068.1%21.0%48.8%24.1%50.3%14.6%-3.8%-34.5K8.7M-99.1K1.0961.63N/AN/A67673950,38382,817