OPK Options History — December 2019

In December 2019, OPK traded between $1.46 and $1.63. ATM implied volatility averaged 87.9%, placing in the 35.2% IV rank vs the trailing year. The 30-day expected move averaged 23.7%. IV traded above realized volatility by 47.7% (HV 20d: 40.2%). Max pain ranged from $1.50 to $3.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.49.

Notable Days

  • 2019-12-11: Highest Volume — 7,744 contracts
  • 2019-12-09: Largest IV spike — 60.1% change
  • 2019-12-04: Highest IV Rank — 67.0%
  • 2019-12-16: Largest Expected Move — 30.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.55$1.46$1.63$1.55$1.46
Max Pain$2.79$1.50$3.00$1.50$3.00
ATM IV87.9%64.5%129.0%96.2%72.1%
Expected Move23.7%17.7%30.5%21.2%23.5%
HV 20d40.2%36.9%42.9%39.7%39.7%
HV 60d63.8%62.2%66.6%66.2%62.2%
IV Rank35.2%17.0%67.0%41.5%22.9%
IV Percentile65.2%10.7%95.2%83.7%26.6%
Term Structure4.6%-40.6%49.1%-20.6%-0.8%
VWIV91.9%36.6%132.7%102.3%88.1%
Skew 25d11.0%-29.0%33.1%25.9%33.1%
Skew 10d4.4%-34.4%87.4%18.1%52.2%
Call IV 25d74.5%51.1%112.6%77.6%63.5%
Put IV 25d85.5%68.6%123.2%103.5%96.6%
Bid-Ask Spread %28.269.3163.6952.8434.31
Gamma HHI0.380.280.500.420.43
Net GEX50.0K17.6K74.3K55.8K25.3K
Net DEX2.6M1.6M3.2M2.5M3.2M
Net VEX-33.0K-37.4K-27.2K-35.3K-28.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.002.371.040.32
Total Volume1,386.2862187,744218559
Total OI163,197.571147,938173,607166,034149,273

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-12-02$1.55$1.5096.2%21.2%39.7%41.5%0.0%25.9%-20.6%55.8K2.5M-35.3K1.0452.84N/AN/A107111115,09850,936
2019-12-03$1.61$1.5095.0%21.0%41.8%40.6%102.3%32.7%21.2%65.8K2.4M-35.2K0.0763.69N/AN/A31322114,52750,824
2019-12-04$1.63$1.50129.0%24.1%41.0%67.0%81.5%29.5%-38.9%73.5K2.2M-37.4K0.0459.73N/AN/A44719114,63750,846
2019-12-05$1.61$3.0083.4%26.4%39.3%31.6%91.5%17.5%14.7%60.9K2.4M-36.2K1.0611.91N/AN/A244258114,72550,860
2019-12-06$1.61$3.0064.5%24.4%39.1%17.0%0.0%32.0%-7.5%69.2K2.4M-36.5K0.5011.69N/AN/A215107114,82551,070
2019-12-09$1.60$3.00103.2%26.9%39.1%47.0%93.8%-1.4%-26.8%67.1K2.4M-36.0K2.379.31N/AN/A141334114,71350,971
2019-12-10$1.54$3.0076.5%23.5%41.4%26.3%95.3%-1.1%19.8%50.6K2.6M-33.3K0.1716.04N/AN/A752130114,82751,342
2019-12-11$1.50$3.0095.1%22.9%41.3%40.7%112.4%29.7%-4.1%48.7K3.2M-27.2K0.0015.92N/AN/A7,7395115,21950,853
2019-12-12$1.54$3.0075.4%24.2%42.2%25.5%101.8%11.5%19.9%56.6K1.7M-35.3K1.7510.75N/AN/A7131,246120,48050,858
2019-12-13$1.58$3.0083.7%29.2%42.9%31.9%103.3%21.1%27.9%60.8K2.4M-34.1K0.0510.81N/AN/A30515120,98151,706
2019-12-16$1.56$3.0099.0%30.5%41.1%43.7%108.2%-19.9%-40.6%43.2K2.2M-35.9K0.1119.23N/AN/A35640120,86951,692
2019-12-17$1.52$3.0070.7%20.5%41.5%21.8%72.8%4.4%8.5%43.5K2.8M-33.1K0.4012.62N/AN/A518205120,71951,434
2019-12-18$1.50$3.0075.8%21.7%40.1%25.8%75.4%17.6%16.2%28.5K3.2M-30.5K0.0312.49N/AN/A83528120,70451,632
2019-12-19$1.50$3.0080.2%22.1%37.3%29.1%0.0%21.9%16.9%35.8K3.2M-30.5K0.0211.94N/AN/A1,40224120,87651,619
2019-12-20$1.52$3.00102.5%29.6%37.3%46.5%120.7%-29.0%-19.9%29.7K3.2M-29.9K0.0511.65N/AN/A3,908186122,01051,597
2019-12-23$1.52$3.0090.9%26.9%36.9%37.4%132.7%-8.6%12.0%74.3K2.4M-33.0K0.1056.21N/AN/A1,45414798,04149,897
2019-12-24$1.60$3.0099.4%17.7%41.7%44.1%61.6%2.5%49.1%56.4K1.6M-33.3K0.3358.16N/AN/A1,53551499,22850,033
2019-12-26$1.58$3.0083.3%18.7%39.6%31.5%85.0%14.7%26.7%54.9K2.4M-33.2K1.0137.85N/AN/A231234100,56548,704
2019-12-27$1.51$3.0082.2%19.6%40.3%30.7%36.6%5.3%20.1%31.9K2.8M-31.2K0.7038.18N/AN/A1,4401,005100,67749,174
2019-12-30$1.47$3.0088.6%24.1%41.0%35.7%88.1%-8.2%2.3%17.6K3.2M-27.4K0.2338.03N/AN/A1,03023898,15349,954
2019-12-31$1.46$3.0072.1%23.5%39.7%22.9%0.0%33.1%-0.8%25.3K3.2M-28.9K0.3234.31N/AN/A42413599,08150,192