OPK Options History — February 2020

In February 2020, OPK traded between $1.38 and $1.63. ATM implied volatility averaged 109.1%, placing in the 51.5% IV rank vs the trailing year. The 30-day expected move averaged 27.6%. IV traded above realized volatility by 51.2% (HV 20d: 57.8%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.28.

Notable Days

  • 2020-02-27: Highest Volume — 6,394 contracts
  • 2020-02-05: Largest IV drop — 32.2% change
  • 2020-02-12: Highest IV Rank — 77.3%
  • 2020-02-24: Largest Expected Move — 37.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.55$1.38$1.63$1.50$1.45
Max Pain$1.84$1.00$2.00$1.00$2.00
ATM IV109.1%80.1%142.4%109.8%88.2%
Expected Move27.6%15.4%37.8%16.2%27.9%
HV 20d57.8%48.1%66.5%48.1%66.5%
HV 60d46.1%41.6%51.5%42.0%51.5%
IV Rank51.5%29.1%77.3%52.1%35.4%
IV Percentile85.5%54.8%96.8%92.5%66.7%
Term Structure-1.7%-38.6%57.9%-30.0%11.4%
VWIV103.4%56.4%158.6%56.4%112.1%
Skew 25d9.2%-28.9%32.3%32.3%-10.5%
Skew 10d-6.9%-47.7%71.6%5.4%-10.7%
Call IV 25d100.3%72.7%168.2%74.8%83.2%
Put IV 25d109.5%72.7%166.5%107.0%72.7%
Bid-Ask Spread %57.0112.8495.0974.5277.25
Gamma HHI0.380.310.480.380.40
Net GEX36.3K21.3K53.3K21.3K22.8K
Net DEX-427.6K-965.8K287.9K-80.9K82.6K
Net VEX-29.2K-31.8K-25.0K-29.5K-27.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.002.300.000.06
Total Volume1,271.6321136,3941,6292,443
Total OI86,783.63281,83291,03681,83291,036

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$1.50$1.00109.8%16.2%48.1%52.1%56.4%32.3%-30.0%21.3K-80.9K-29.5K0.0074.52N/AN/A1,624553,38428,448
2020-02-04$1.53$1.00118.1%15.4%48.5%58.5%0.0%15.2%-14.3%25.4K-219.4K-28.7K0.5863.49N/AN/A53931254,82328,352
2020-02-05$1.62$1.0080.1%15.6%52.4%29.1%89.8%8.0%24.1%29.5K-404.4K-30.7K0.0265.93N/AN/A1,2902155,33228,634
2020-02-06$1.51$2.00104.3%31.4%58.4%47.9%109.9%8.7%-8.3%26.9K-145.4K-28.8K0.0356.40N/AN/A8442956,24028,627
2020-02-07$1.59$2.0098.8%29.5%61.0%43.5%103.0%21.5%57.9%30.8K-500.2K-31.6K0.0159.77N/AN/A3,6593756,76428,656
2020-02-10$1.60$2.0097.7%28.5%61.0%42.7%109.8%-28.9%-10.3%46.8K-880.2K-31.0K0.0488.03N/AN/A4562059,66128,384
2020-02-11$1.60$2.00115.2%28.0%60.7%56.2%98.8%-17.3%-38.6%49.8K-759.7K-31.4K0.0322.39N/AN/A8072359,92028,404
2020-02-12$1.62$2.00142.4%23.6%59.8%77.3%92.4%28.1%-28.9%48.4K-905.3K-31.8K0.5155.65N/AN/A39220060,08028,315
2020-02-13$1.59$2.00118.1%27.7%60.0%58.5%104.2%25.8%2.8%51.0K-633.1K-29.4K0.0661.65N/AN/A107660,32428,515
2020-02-14$1.58$2.00127.5%28.1%58.9%65.8%106.6%24.6%-32.9%51.1K-754.1K-28.7K0.2159.70N/AN/A2575360,36528,510
2020-02-18$1.58$2.00112.4%31.1%58.9%54.1%93.1%-3.4%2.9%50.9K-750.7K-30.8K0.1252.18N/AN/A4195059,65228,022
2020-02-19$1.60$2.00110.1%31.6%58.7%52.3%111.1%25.5%-13.7%50.5K-765.4K-29.4K0.1412.84N/AN/A2323359,73428,072
2020-02-20$1.58$2.00120.5%35.5%52.2%60.4%88.9%-2.6%-21.9%53.3K-920.0K-31.0K0.7361.92N/AN/A1319559,91228,062
2020-02-21$1.63$2.0098.7%27.1%50.3%43.5%110.5%-8.3%21.4%31.7K-965.8K-30.4K0.0115.92N/AN/A9611159,97128,157
2020-02-24$1.51$2.00107.2%37.8%56.3%50.1%134.0%13.9%-15.0%28.0K-34.4K-26.2K0.1095.09N/AN/A3673557,03828,088
2020-02-25$1.41$2.00126.2%31.3%60.9%64.8%158.6%-1.8%0.3%23.8K159.5K-25.8K0.3657.93N/AN/A86931657,32728,103
2020-02-26$1.38$2.00112.4%31.6%60.7%54.1%103.4%18.1%14.6%23.4K287.9K-25.0K0.0341.09N/AN/A1,0952958,06228,404
2020-02-27$1.50$2.0084.5%26.9%65.8%32.5%78.0%26.2%46.4%24.7K63.8K-26.4K2.3061.43N/AN/A1,9374,45759,08528,426
2020-02-28$1.45$2.0088.2%27.9%66.5%35.4%112.1%-10.5%11.4%22.8K82.6K-27.4K0.0677.25N/AN/A2,30314060,48730,549