OPK Options History — January 2020

In January 2020, OPK traded between $1.45 and $1.73. ATM implied volatility averaged 82.3%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 21.8%. IV traded above realized volatility by 42.7% (HV 20d: 39.5%). Max pain ranged from $1.00 to $3.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.29.

Notable Days

  • 2020-01-22: Highest Volume — 3,091 contracts
  • 2020-01-27: Largest IV spike — 40.0% change
  • 2020-01-09: Highest IV Rank — 45.9%
  • 2020-01-08: Largest Expected Move — 32.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.54$1.45$1.73$1.49$1.46
Max Pain$1.19$1.00$3.00$3.00$1.00
ATM IV82.3%65.0%101.8%83.7%88.5%
Expected Move21.8%13.8%32.6%26.7%18.6%
HV 20d39.5%33.1%47.8%37.8%47.1%
HV 60d54.3%41.5%62.3%62.3%41.9%
IV Rank30.8%17.4%45.9%31.9%35.6%
IV Percentile52.2%10.7%86.9%71.0%73.0%
Term Structure17.5%-30.3%65.8%4.4%41.0%
VWIV83.1%54.9%125.4%125.4%80.1%
Skew 25d16.4%-37.2%81.2%35.9%21.1%
Skew 10d22.2%-53.0%98.3%36.2%22.0%
Call IV 25d72.8%47.6%91.8%64.1%73.7%
Put IV 25d89.3%41.4%143.3%100.0%94.8%
Bid-Ask Spread %50.3114.65122.4264.21113.94
Gamma HHI0.350.280.460.430.38
Net GEX25.0K16.6K34.0K24.6K20.4K
Net DEX1.4M-958.6K3.3M2.9M308.9K
Net VEX-30.3K-34.2K-25.5K-31.2K-25.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.002.150.040.05
Total Volume1,063.0951603,0912581,155
Total OI121,348.04877,664154,485148,96582,556

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$1.49$3.0083.7%26.7%37.8%31.9%125.4%35.9%4.4%24.6K2.9M-31.2K0.0464.21N/AN/A2481099,68749,278
2020-01-03$1.48$3.00101.6%19.0%37.3%45.7%0.0%26.8%46.5%16.9K3.3M-29.0K0.7737.45N/AN/A14010899,85249,288
2020-01-06$1.49$1.0068.4%28.6%37.4%20.1%102.3%0.4%16.0%16.6K3.2M-28.9K0.1522.00N/AN/A2,66840599,77549,138
2020-01-07$1.50$1.0077.7%28.6%37.6%27.2%0.0%11.9%-7.7%20.1K3.1M-29.6K0.5033.00N/AN/A232115101,64849,138
2020-01-08$1.48$1.0097.3%32.6%37.7%42.4%0.0%26.3%-24.4%19.5K3.0M-29.5K0.3936.03N/AN/A2,189853101,85549,253
2020-01-09$1.47$1.00101.8%19.5%35.5%45.9%0.0%2.9%-19.6%23.2K2.9M-29.5K0.0914.65N/AN/A57650104,11549,038
2020-01-10$1.47$1.0092.4%19.7%34.4%38.6%0.0%5.3%-9.7%26.6K2.9M-29.4K0.0119.11N/AN/A6595104,47149,048
2020-01-13$1.45$1.0078.5%27.0%33.1%27.9%0.0%-11.7%24.8%22.2K2.9M-28.8K0.1125.12N/AN/A37040104,51148,539
2020-01-14$1.50$1.0078.5%31.1%34.1%27.8%0.0%44.3%65.8%23.4K2.8M-30.9K0.0442.21N/AN/A1,35850104,79848,579
2020-01-15$1.53$1.0077.1%18.9%34.8%26.8%0.0%35.2%-30.3%29.3K2.3M-31.5K0.0243.52N/AN/A98423105,76648,565
2020-01-16$1.58$1.0066.7%22.3%35.4%18.7%93.3%10.2%34.2%34.0K2.3M-32.7K0.0571.71N/AN/A38518106,31948,166
2020-01-17$1.58$1.0068.2%24.4%34.9%19.9%71.3%-0.6%39.1%26.0K2.3M-32.4K0.3362.79N/AN/A439146106,43847,961
2020-01-21$1.61$1.0065.0%18.8%35.4%17.4%77.0%14.9%32.8%28.4K-322.8K-30.4K0.4223.55N/AN/A1,02543550,38827,276
2020-01-22$1.73$1.0067.9%19.5%42.8%19.6%93.9%-37.2%34.6%26.2K-958.6K-34.2K0.0153.52N/AN/A3,0474450,90527,491
2020-01-23$1.64$1.0067.3%15.5%47.8%19.2%61.9%-10.1%48.4%28.7K-558.4K-30.6K0.0518.86N/AN/A1,1435552,55827,514
2020-01-24$1.59$1.0071.4%13.8%45.8%22.3%54.9%-20.3%48.2%28.0K-530.3K-31.6K0.2943.19N/AN/A36810553,31827,565
2020-01-27$1.59$1.0099.9%19.6%45.6%44.4%89.5%30.3%2.4%27.7K-496.5K-30.9K0.0017.59N/AN/A160052,60527,555
2020-01-28$1.61$1.0084.9%17.6%42.5%32.8%0.0%27.8%19.3%29.0K-598.9K-31.5K0.4488.76N/AN/A69530652,70827,555
2020-01-29$1.52$1.0092.9%16.6%46.5%39.0%64.3%50.7%8.8%27.4K-210.6K-29.8K2.15102.94N/AN/A34774653,19827,861
2020-01-30$1.49$1.0098.4%19.8%47.1%43.2%0.0%81.2%-6.2%26.2K-146.9K-28.7K0.29122.42N/AN/A48214153,44028,590
2020-01-31$1.46$1.0088.5%18.6%47.1%35.6%80.1%21.1%41.0%20.4K308.9K-25.5K0.05113.94N/AN/A1,1055053,83028,726