OPK Options History — August 2019

In August 2019, OPK traded between $1.76 and $2.07. ATM implied volatility averaged 84.0%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 24.8%. IV traded above realized volatility by 42.2% (HV 20d: 41.8%). 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 0.23.

Notable Days

  • 2019-08-12: Highest Volume — 5,043 contracts
  • 2019-08-08: Largest IV drop — 42.5% change
  • 2019-08-02: Highest IV Rank — 44.0%
  • 2019-08-02: Largest Expected Move — 32.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.90$1.76$2.07$2.07$1.84
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV84.0%56.9%99.6%98.0%77.0%
Expected Move24.8%22.1%32.4%31.9%22.6%
HV 20d41.8%34.2%48.4%35.3%45.0%
HV 60d50.5%47.8%57.0%57.0%48.1%
IV Rank34.1%17.1%44.0%42.9%29.7%
IV Percentile67.0%8.3%93.7%92.5%44.0%
Term Structure1.4%-10.9%34.1%6.3%-0.5%
VWIV87.7%71.9%112.9%112.8%79.4%
Skew 25d3.6%-16.3%24.1%-7.1%-6.0%
Skew 10d12.5%-6.1%36.6%3.8%4.8%
Call IV 25d66.4%42.5%96.4%96.4%73.2%
Put IV 25d70.0%59.7%89.3%89.3%67.2%
Bid-Ask Spread %26.8512.6092.9420.0722.02
Gamma HHI0.390.260.470.260.45
Net GEX59.0K40.9K76.8K62.6K64.4K
Net DEX2.3M1.4M3.3M1.6M2.2M
Net VEX-53.3K-59.5K-48.8K-59.5K-51.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.001.340.280.00
Total Volume1,342.591895,043893131
Total OI136,738.5132,483141,340132,506139,866

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$2.07$2.0098.0%31.9%35.3%42.9%112.8%-7.1%6.3%62.6K1.6M-59.5K0.2820.07N/AN/A69919483,46849,038
2019-08-02$1.95$2.0099.6%32.4%39.8%44.0%112.9%16.0%-10.9%52.6K2.6M-54.1K0.2133.97N/AN/A76516183,54549,056
2019-08-05$1.95$2.0099.6%28.3%34.9%44.0%98.5%3.8%10.7%52.6K2.4M-56.1K0.2322.80N/AN/A1,39231483,47449,188
2019-08-06$1.95$2.0099.6%28.6%34.2%44.0%99.8%15.5%10.6%55.7K2.5M-54.4K0.0426.34N/AN/A4581984,45749,437
2019-08-07$1.98$2.0099.0%26.1%35.0%43.6%91.1%15.2%-5.1%59.1K2.4M-56.3K0.5626.67N/AN/A25714384,82949,446
2019-08-08$1.88$2.0056.9%22.4%36.6%17.1%78.1%13.7%34.1%50.9K3.2M-49.2K1.3432.48N/AN/A1,3921,86585,11049,524
2019-08-09$1.80$2.0064.4%22.4%38.3%21.8%104.6%3.4%21.2%40.9K3.3M-49.5K0.0234.13N/AN/A4,52111284,87750,939
2019-08-12$1.86$2.0087.5%24.8%41.1%36.3%86.5%-7.5%-9.0%44.7K3.1M-50.7K0.0092.94N/AN/A5,043082,37450,109
2019-08-13$1.85$2.0075.9%23.3%40.8%29.0%81.4%-9.9%4.2%52.5K2.7M-51.5K0.1028.38N/AN/A8858886,14850,109
2019-08-14$1.89$2.0082.9%24.1%42.0%33.4%84.0%5.4%0.8%56.1K2.2M-54.3K0.0731.01N/AN/A1,63311086,31750,081
2019-08-15$1.90$2.0088.0%23.1%42.0%36.7%80.5%1.7%-9.2%56.1K2.2M-53.3K0.5628.10N/AN/A26614987,44250,081
2019-08-16$1.94$2.0079.0%22.1%42.9%31.0%77.0%8.0%-3.0%62.6K2.2M-53.6K0.1821.00N/AN/A2364287,57350,113
2019-08-19$2.00$2.0077.8%22.8%44.5%30.2%79.7%23.4%-4.4%70.6K2.1M-53.4K0.0019.83N/AN/A1,787086,60550,035
2019-08-20$2.00$2.0080.1%23.2%44.3%31.7%0.0%4.8%-1.5%76.8K1.9M-57.4K0.0021.20N/AN/A89087,79950,035
2019-08-21$2.01$2.0081.8%23.5%43.0%32.8%81.8%24.1%-2.9%75.0K1.4M-58.2K0.0117.71N/AN/A8481287,88150,035
2019-08-22$1.98$2.0083.4%24.1%41.8%33.7%71.9%13.5%-3.5%76.5K1.8M-57.0K0.0020.36N/AN/A3,9161688,10450,046
2019-08-23$1.85$2.0087.0%24.3%47.2%36.0%84.9%6.7%6.5%58.8K2.2M-51.9K0.0116.67N/AN/A310391,28950,051
2019-08-26$1.84$2.0081.0%23.3%47.2%32.2%81.4%-12.8%0.9%60.4K2.4M-51.2K0.0921.90N/AN/A1761589,97350,034
2019-08-27$1.76$2.0082.3%24.9%48.4%33.1%0.0%-7.7%-1.0%55.9K1.9M-51.4K0.1721.24N/AN/A2704790,19150,049
2019-08-28$1.77$2.0083.6%24.5%48.2%33.9%84.6%-7.9%-4.2%55.1K2.7M-48.8K1.1819.22N/AN/A18722090,18550,033
2019-08-29$1.80$2.0083.7%23.8%48.2%33.9%83.1%-16.3%-8.7%58.4K2.2M-50.2K0.0012.60N/AN/A765190,28849,013
2019-08-30$1.84$2.0077.0%22.6%45.0%29.7%79.4%-6.0%-0.5%64.4K2.2M-51.0K0.0022.02N/AN/A131090,82249,044