OPK Options History — September 2019

In September 2019, OPK traded between $1.83 and $2.27. ATM implied volatility averaged 69.5%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 20.1%. IV traded above realized volatility by 23.8% (HV 20d: 45.7%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.41.

Notable Days

  • 2019-09-09: Highest Volume — 11,710 contracts
  • 2019-09-16: Largest IV drop — 29.6% change
  • 2019-09-13: Highest IV Rank — 60.7%
  • 2019-09-13: Largest Expected Move — 26.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.05$1.83$2.27$1.83$2.08
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV69.5%50.5%87.0%81.0%50.5%
Expected Move20.1%13.2%26.8%25.2%13.5%
HV 20d45.7%38.4%51.2%45.0%46.5%
HV 60d47.7%44.2%51.1%47.9%44.3%
IV Rank30.1%10.9%60.7%32.3%10.9%
IV Percentile26.8%1.2%78.6%64.3%1.2%
Term Structure1.5%-20.1%16.4%-0.2%9.2%
VWIV72.0%38.9%92.5%87.7%56.5%
Skew 25d8.2%-22.8%33.2%-14.9%2.4%
Skew 10d7.0%-17.9%41.3%39.7%-6.2%
Call IV 25d58.7%46.9%76.3%76.3%49.8%
Put IV 25d66.9%48.7%88.9%61.4%52.1%
Bid-Ask Spread %30.4613.7852.0713.7837.85
Gamma HHI0.410.280.610.450.31
Net GEX73.9K33.9K159.9K63.5K53.0K
Net DEX142.1K-2.7M2.4M2.4M699.3K
Net VEX-59.1K-69.7K-49.6K-49.6K-58.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.004.670.200.07
Total Volume2,642.21811,71012148
Total OI140,356.75129,986151,495139,841130,358

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-09-03$1.83$2.0081.0%25.2%45.0%32.3%87.7%-14.9%-0.2%63.5K2.4M-49.6K0.2013.78N/AN/A1012090,81149,030
2019-09-04$1.83$2.0074.2%25.9%45.0%28.0%0.0%1.9%14.9%63.7K2.3M-49.9K0.0019.69N/AN/A41090,87349,030
2019-09-05$1.86$2.0076.0%23.6%45.0%29.1%0.0%1.8%3.8%73.1K2.2M-49.8K0.0029.79N/AN/A292090,91149,030
2019-09-06$1.89$2.0068.3%21.4%41.6%24.2%0.0%-2.6%4.1%79.4K2.0M-51.4K4.6729.51N/AN/A2721,26991,03049,030
2019-09-09$1.91$2.0079.6%25.0%38.4%31.4%87.3%5.0%7.1%78.6K1.7M-54.0K0.0222.35N/AN/A11,43727390,73148,644
2019-09-10$2.00$2.0070.3%22.4%40.0%19.0%78.1%14.9%8.1%115.6K297.0K-58.1K0.0126.81N/AN/A5,1855498,18048,656
2019-09-11$2.12$2.0076.5%23.7%44.2%23.2%82.6%25.1%16.4%57.4K-2.4M-65.1K0.0038.92N/AN/A8,654399,75848,660
2019-09-12$2.19$2.0073.0%21.9%44.9%28.5%76.2%19.1%5.1%84.0K-1.2M-64.9K0.0622.98N/AN/A1,84910996,48748,661
2019-09-13$2.20$2.0087.0%26.8%44.9%60.7%92.5%20.2%15.0%112.7K-2.3M-63.9K1.5752.07N/AN/A1,6952,653102,79648,699
2019-09-16$2.27$2.0061.2%16.1%45.5%25.6%70.4%-22.8%7.6%64.9K-2.7M-69.7K0.0718.52N/AN/A2,28215497,85847,333
2019-09-17$2.19$2.0066.7%19.5%47.2%33.1%87.5%7.8%-20.1%91.4K-1.5M-64.1K0.0026.78N/AN/A5,840598,69647,458
2019-09-18$2.10$2.0056.8%16.3%50.0%19.6%0.0%11.5%-19.2%126.9K-1.1M-61.1K0.0051.13N/AN/A3,049798,26947,461
2019-09-19$2.04$2.0069.2%19.2%51.2%36.6%0.0%5.4%10.4%159.9K-215.6K-58.6K0.4544.26N/AN/A2,10994598,54747,468
2019-09-20$2.01$2.0072.5%21.0%51.2%41.2%73.3%13.4%-2.4%33.9K818.0K-57.7K0.1637.45N/AN/A1,39422799,24048,407
2019-09-23$2.12$2.0057.4%15.4%47.6%20.4%59.4%5.5%-1.6%43.9K720.5K-60.2K0.0326.64N/AN/A1,3084282,49347,493
2019-09-24$2.09$2.0061.9%16.8%48.0%26.5%46.1%7.2%8.6%43.5K473.4K-60.6K0.4328.77N/AN/A40217483,52847,534
2019-09-25$2.14$2.0076.0%13.2%44.3%45.9%38.9%33.2%-14.0%45.0K183.5K-61.3K0.2027.28N/AN/A15383,66847,702
2019-09-26$2.07$2.0065.3%18.2%46.9%31.3%0.0%18.1%-8.5%38.2K216.3K-62.0K0.0526.40N/AN/A1931083,66347,708
2019-09-27$2.08$2.0067.3%16.5%46.8%34.0%0.0%11.9%-14.4%49.4K156.4K-60.4K0.1528.16N/AN/A6359583,52847,706
2019-09-30$2.08$2.0050.5%13.5%46.5%10.9%56.5%2.4%9.2%53.0K699.3K-58.7K0.0737.85N/AN/A45383,66446,694