OPK Options History — April 2020

In April 2020, OPK traded between $1.14 and $2.30. ATM implied volatility averaged 164.0%, placing in the 43.9% IV rank vs the trailing year. The 30-day expected move averaged 49.8%. IV traded above realized volatility by 36.5% (HV 20d: 127.5%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.06.

Notable Days

  • 2020-04-20: Highest Volume — 95,131 contracts
  • 2020-04-06: Largest IV spike — 42.3% change
  • 2020-04-20: Highest IV Rank — 61.4%
  • 2020-04-08: Largest Expected Move — 65.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.72$1.14$2.30$1.21$2.22
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV164.0%124.2%209.2%162.2%124.2%
Expected Move49.8%37.4%65.8%37.4%44.1%
HV 20d127.5%94.3%210.8%210.8%100.1%
HV 60d137.7%130.4%142.1%130.4%142.1%
IV Rank43.9%28.5%61.4%43.2%28.5%
IV Percentile88.9%77.4%94.4%92.9%77.4%
Term Structure-12.9%-142.9%100.4%-142.9%0.2%
VWIV169.7%133.9%198.6%162.1%155.1%
Skew 25d-7.4%-49.7%41.0%-49.7%-9.6%
Skew 10d7.3%-85.2%75.3%-24.9%-14.4%
Call IV 25d157.1%96.9%213.0%168.2%115.7%
Put IV 25d149.7%106.1%201.4%118.5%106.1%
Bid-Ask Spread %56.8625.1382.2045.1139.64
Gamma HHI0.420.330.760.370.36
Net GEX106.8K27.3K382.6K29.5K150.4K
Net DEX-8.0M-15.5M-1.7M-2.3M-13.9M
Net VEX-48.5K-66.6K-30.2K-32.9K-66.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.060.020.210.040.07
Total Volume14,912.7622,59195,1313,8457,317
Total OI158,806.048129,800180,218150,671173,199

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$1.21$1.00162.2%37.4%210.8%43.2%162.1%-49.7%-142.9%29.5K-2.3M-32.9K0.0445.11N/AN/A3,681164117,08833,583
2020-04-02$1.14$1.00148.3%53.7%192.0%37.8%186.9%31.3%-54.5%28.3K-1.7M-30.7K0.2160.25N/AN/A2,147444119,08333,590
2020-04-03$1.15$1.00139.8%53.8%181.2%34.5%198.6%-33.2%-78.4%27.5K-2.0M-30.2K0.0782.20N/AN/A3,853254120,02133,739
2020-04-06$1.31$1.00199.0%63.4%190.5%57.4%0.0%-46.1%40.6%33.6K-2.9M-34.4K0.0378.69N/AN/A6,048193111,67632,803
2020-04-07$1.28$1.00202.5%58.4%156.9%58.8%188.3%-8.7%-11.3%27.3K-2.9M-33.6K0.0568.78N/AN/A3,223157114,63932,845
2020-04-08$1.37$1.00182.4%65.8%157.1%51.0%0.0%-46.3%45.2%39.1K-3.3M-35.6K0.1671.26N/AN/A3,701577116,01232,833
2020-04-09$1.44$1.00162.0%56.2%140.1%43.1%163.1%30.6%81.1%45.9K-3.8M-37.2K0.0573.40N/AN/A7,484354118,02233,299
2020-04-13$1.49$1.00164.2%43.0%94.7%44.0%160.6%-22.2%-7.7%56.8K-4.2M-40.7K0.0863.50N/AN/A4,260336115,56832,387
2020-04-14$1.73$1.00181.3%51.9%107.7%50.6%182.1%33.9%-91.0%52.1K-6.4M-47.2K0.0260.73N/AN/A20,008388117,92532,594
2020-04-15$1.62$1.00182.2%52.2%110.1%50.9%186.8%41.0%-0.6%78.0K-5.8M-45.7K0.0372.12N/AN/A10,779306130,03032,625
2020-04-16$1.66$1.00170.9%48.8%96.7%46.6%171.9%-24.3%0.4%53.8K-6.3M-45.5K0.0474.16N/AN/A7,244273131,16132,624
2020-04-17$1.69$1.00184.8%52.0%94.3%52.0%184.2%-41.1%8.2%59.5K-6.6M-47.0K0.0369.17N/AN/A5,256145134,65332,725
2020-04-20$1.97$1.00209.2%54.1%107.3%61.4%196.7%-11.6%-29.6%75.8K-8.8M-54.5K0.0249.96N/AN/A92,9282,203101,74928,051
2020-04-21$2.01$1.00124.6%54.7%105.1%28.7%192.8%-19.5%-53.5%196.9K-12.4M-60.7K0.0341.83N/AN/A39,8621,105137,07729,679
2020-04-22$2.08$1.00166.9%52.9%105.0%45.0%177.2%-12.8%-60.9%251.3K-14.9M-63.6K0.0435.62N/AN/A15,343690148,41130,126
2020-04-23$2.05$1.00159.1%43.5%105.3%42.0%153.0%-42.0%-7.8%382.6K-14.3M-61.0K0.0351.70N/AN/A19,264542149,74530,473
2020-04-24$2.05$1.00165.6%41.0%105.3%44.5%141.6%12.4%-0.8%151.1K-14.0M-60.0K0.0241.64N/AN/A12,074244146,98130,610
2020-04-27$2.23$1.00139.5%37.8%107.7%34.4%135.0%31.2%100.4%179.1K-13.6M-62.0K0.0745.05N/AN/A10,628774128,32029,154
2020-04-28$2.18$1.00139.5%38.3%105.6%34.4%133.9%11.8%-6.5%176.4K-13.3M-62.6K0.1844.08N/AN/A5,9411,041133,88329,769
2020-04-29$2.30$1.00135.9%43.7%104.0%33.0%154.9%18.8%-0.7%147.4K-15.5M-66.6K0.1025.13N/AN/A19,9471,990135,47330,702
2020-04-30$2.22$1.00124.2%44.1%100.1%28.5%155.1%-9.6%0.2%150.4K-13.9M-66.4K0.0739.64N/AN/A6,867450140,76632,433