OPK Options History — November 2019

In November 2019, OPK traded between $1.44 and $1.62. ATM implied volatility averaged 76.2%, placing in the 26.0% IV rank vs the trailing year. The 30-day expected move averaged 23.5%. IV traded below realized volatility by 1.0% (HV 20d: 77.1%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.17.

Notable Days

  • 2019-11-05: Highest Volume — 8,396 contracts
  • 2019-11-29: Largest IV spike — 47.8% change
  • 2019-11-04: Highest IV Rank — 48.5%
  • 2019-11-01: Largest Expected Move — 33.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.52$1.44$1.62$1.50$1.60
Max Pain$1.07$1.00$2.00$2.00$1.50
ATM IV76.2%59.9%105.2%81.0%95.9%
Expected Move23.5%17.1%33.6%33.6%19.0%
HV 20d77.1%40.0%91.8%91.1%41.9%
HV 60d65.7%64.9%66.5%66.5%66.0%
IV Rank26.0%13.5%48.5%29.8%41.3%
IV Percentile43.8%5.6%91.3%68.3%83.7%
Term Structure13.7%-32.0%55.5%41.6%-32.0%
VWIV87.5%50.0%115.9%115.9%50.0%
Skew 25d13.0%-17.5%33.0%32.6%18.8%
Skew 10d19.6%1.8%62.6%44.0%62.6%
Call IV 25d68.4%47.4%111.2%57.2%73.2%
Put IV 25d81.4%63.3%95.8%89.8%91.9%
Bid-Ask Spread %27.1610.8887.2425.6187.24
Gamma HHI0.390.320.480.350.45
Net GEX61.8K44.2K90.0K44.2K64.9K
Net DEX2.6M1.9M3.7M3.1M2.3M
Net VEX-37.3K-43.0K-33.3K-41.1K-37.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.001.060.020.00
Total Volume1,351.251408,3961,740421
Total OI169,039164,055176,147173,147166,015

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$1.50$2.0081.0%33.6%91.1%29.8%115.9%32.6%41.6%44.2K3.1M-41.1K0.0225.61N/AN/A1,71327111,53861,609
2019-11-04$1.50$1.00105.2%20.5%91.3%48.5%92.4%22.8%-10.4%48.8K2.9M-40.1K0.3410.88N/AN/A887298111,69858,570
2019-11-05$1.54$1.0099.1%30.8%91.7%43.8%107.2%-17.5%21.6%48.5K2.2M-43.0K0.2337.50N/AN/A6,8051,591112,20858,845
2019-11-06$1.49$1.0066.6%29.7%91.8%18.6%107.9%5.4%23.7%90.0K3.0M-39.0K0.0720.13N/AN/A1,892131116,12760,020
2019-11-07$1.48$1.0062.7%19.1%91.4%15.6%70.7%21.8%33.1%72.2K3.6M-35.9K1.0627.30N/AN/A751794115,46759,394
2019-11-08$1.50$1.0068.1%24.6%91.4%19.8%104.1%20.8%20.3%57.5K3.2M-37.8K0.1316.36N/AN/A66488115,76559,775
2019-11-11$1.48$1.0074.3%25.9%91.3%24.6%115.1%27.2%55.5%54.4K3.7M-34.6K0.0131.71N/AN/A1,41415112,66058,507
2019-11-12$1.44$1.0065.4%24.3%91.0%17.7%105.5%9.8%38.4%55.1K2.9M-35.0K0.0121.49N/AN/A1,62220114,63155,707
2019-11-13$1.44$1.0067.0%27.9%90.9%18.9%107.0%10.0%38.8%57.5K2.7M-35.5K0.0923.87N/AN/A60752115,96055,609
2019-11-14$1.44$1.0079.5%22.7%87.4%28.6%70.1%1.9%-22.5%53.5K3.1M-33.7K0.1013.84N/AN/A47950116,22254,642
2019-11-15$1.50$1.0082.9%23.5%90.0%31.3%69.7%12.5%-20.8%54.6K2.9M-35.3K0.0423.04N/AN/A1,61366116,40554,676
2019-11-18$1.47$1.0083.8%24.4%89.2%31.9%87.3%10.6%-29.9%56.9K2.6M-33.3K0.1824.67N/AN/A19335113,13150,924
2019-11-19$1.52$1.0083.0%24.6%91.1%31.3%85.8%19.5%11.0%61.1K2.4M-35.2K0.1735.18N/AN/A25743113,43850,939
2019-11-20$1.58$1.0081.9%23.5%84.3%30.5%86.8%33.0%-2.6%70.1K1.9M-38.9K0.0426.08N/AN/A92236113,64950,876
2019-11-21$1.60$1.0068.2%19.9%68.1%19.9%71.0%-0.0%-8.5%67.8K2.1M-38.6K0.0022.07N/AN/A1,2120114,15650,880
2019-11-22$1.62$1.0071.7%19.3%44.9%22.6%74.2%2.3%5.8%70.7K2.1M-38.5K0.0116.34N/AN/A1391114,49650,880
2019-11-25$1.62$1.0062.1%17.1%40.0%15.1%56.5%7.4%32.9%69.4K2.1M-38.6K0.0137.75N/AN/A1,23615113,80450,693
2019-11-26$1.56$1.0059.9%21.2%41.2%13.5%85.0%4.8%46.0%66.7K2.1M-38.1K0.0522.85N/AN/A53525114,69750,703
2019-11-27$1.62$1.0064.8%18.8%42.5%17.3%50.0%15.9%32.1%72.5K2.2M-36.1K0.7819.23N/AN/A211165114,73850,726
2019-11-29$1.60$1.5095.9%19.0%41.9%41.3%0.0%18.8%-32.0%64.9K2.3M-37.2K0.0087.24N/AN/A4192115,06350,952