OPK Options History — July 2019

In July 2019, OPK traded between $2.07 and $2.47. ATM implied volatility averaged 96.9%, placing in the 42.3% IV rank vs the trailing year. The 30-day expected move averaged 28.0%. IV traded above realized volatility by 41.9% (HV 20d: 55.0%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.57.

Notable Days

  • 2019-07-05: Highest Volume — 3,087 contracts
  • 2019-07-08: Largest IV spike — 19.1% change
  • 2019-07-10: Highest IV Rank — 53.9%
  • 2019-07-30: Largest Expected Move — 33.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.18$2.07$2.47$2.47$2.14
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV96.9%73.6%115.4%76.6%92.2%
Expected Move28.0%19.5%33.4%24.4%31.9%
HV 20d55.0%34.8%61.0%59.0%34.9%
HV 60d59.1%57.2%60.7%58.8%57.2%
IV Rank42.3%27.6%53.9%29.5%39.3%
IV Percentile87.8%36.5%98.4%48.8%90.1%
Term Structure0.5%-19.3%32.6%11.9%-1.7%
VWIV89.8%58.5%116.7%85.1%109.4%
Skew 25d14.1%-9.0%45.5%32.5%5.0%
Skew 10d15.3%4.9%37.7%37.7%13.4%
Call IV 25d77.5%51.6%96.8%51.6%81.3%
Put IV 25d91.6%81.3%107.5%84.1%86.3%
Bid-Ask Spread %27.9114.3374.6774.6735.13
Gamma HHI0.240.220.270.230.26
Net GEX59.5K46.5K67.0K56.7K67.0K
Net DEX871.6K-864.1K1.7M-864.1K1.6M
Net VEX-69.1K-83.9K-61.7K-83.9K-61.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.022.940.080.22
Total Volume1,225.0452413,0871,3811,049
Total OI131,757.591127,761134,215127,761132,423

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$2.47$2.0076.6%24.4%59.0%29.5%85.1%32.5%11.9%56.7K-864.1K-83.9K0.0874.67N/AN/A1,2829978,73049,031
2019-07-02$2.42$2.0073.6%19.5%54.3%27.6%67.8%31.9%20.0%60.8K-656.5K-82.3K0.1263.13N/AN/A8319979,21849,083
2019-07-03$2.35$2.0078.1%20.4%55.6%30.4%71.4%19.5%32.6%57.4K-321.4K-80.2K0.0663.17N/AN/A1,60110179,59349,083
2019-07-05$2.36$2.0088.9%28.3%55.6%37.2%96.9%20.2%22.7%57.1K-156.6K-78.3K0.0325.58N/AN/A2,98610180,22449,084
2019-07-08$2.22$2.00106.0%28.6%60.1%47.9%0.0%31.5%-14.1%59.9K583.7K-73.2K0.1816.38N/AN/A61911081,43749,073
2019-07-09$2.25$2.00112.5%28.5%60.0%52.1%0.0%45.5%-19.3%62.5K554.3K-72.0K0.1315.96N/AN/A94612181,97449,210
2019-07-10$2.25$2.00115.4%31.3%57.2%53.9%0.0%34.2%-12.3%60.9K-91.8K-74.1K0.1815.34N/AN/A1,03919082,65049,219
2019-07-11$2.16$2.00106.3%28.0%59.7%48.2%59.1%24.4%-7.4%61.7K602.3K-70.3K0.2316.47N/AN/A1,24028083,00249,259
2019-07-12$2.18$2.0098.4%28.2%59.6%43.2%59.9%11.0%0.3%65.0K728.3K-71.0K0.2516.40N/AN/A91022683,53349,358
2019-07-15$2.15$2.00107.8%31.6%59.7%49.1%110.1%2.2%-7.7%61.9K987.1K-69.1K0.0220.76N/AN/A256683,30649,386
2019-07-16$2.11$2.0098.2%28.0%59.2%43.1%97.5%3.8%5.2%64.7K1.3M-66.6K0.1017.47N/AN/A2202183,42249,389
2019-07-17$2.10$2.0094.8%27.2%59.1%40.9%94.8%8.8%0.5%63.7K1.3M-66.3K1.2514.33N/AN/A39950083,44149,396
2019-07-18$2.07$2.00102.4%29.6%59.4%45.7%103.3%6.1%-4.3%64.1K1.4M-64.3K0.4223.71N/AN/A1,46461083,35149,856
2019-07-19$2.08$2.0098.6%28.3%59.4%43.3%99.8%2.6%-1.4%51.8K1.1M-64.9K0.6115.46N/AN/A1,02262683,92350,292
2019-07-22$2.07$2.00102.6%28.5%59.3%45.8%0.0%8.9%-10.0%46.5K1.6M-62.4K1.1520.50N/AN/A15818182,05950,144
2019-07-23$2.09$2.00103.1%26.9%59.2%46.2%105.6%7.5%-8.5%48.3K1.6M-64.8K0.4531.62N/AN/A1,18453182,11750,291
2019-07-24$2.15$2.0091.5%26.3%59.6%38.9%100.0%7.3%12.8%61.5K1.7M-64.7K0.4337.32N/AN/A53222882,87350,588
2019-07-25$2.08$2.0092.6%28.2%61.0%39.6%58.5%-9.0%9.0%50.5K1.5M-62.1K2.1825.43N/AN/A6831,49083,10449,680
2019-07-26$2.11$2.0096.7%28.6%49.3%42.1%72.5%6.6%-0.2%62.6K1.5M-64.4K2.9424.81N/AN/A4901,44083,30949,754
2019-07-29$2.09$2.00103.2%31.0%34.9%46.2%108.3%7.0%-8.2%60.3K1.7M-62.0K1.1321.95N/AN/A14716682,82549,039
2019-07-30$2.12$2.0093.0%33.4%34.8%39.8%116.7%2.5%-7.9%64.3K1.5M-62.3K0.3218.44N/AN/A58018782,95148,987
2019-07-31$2.14$2.0092.2%31.9%34.9%39.3%109.4%5.0%-1.7%67.0K1.6M-61.7K0.2235.13N/AN/A86118883,38649,037