OPK Options History — May 2020

In May 2020, OPK traded between $2.00 and $2.75. ATM implied volatility averaged 144.0%, placing in the 36.2% IV rank vs the trailing year. The 30-day expected move averaged 38.6%. IV traded above realized volatility by 36.1% (HV 20d: 107.8%). 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 10 of 20 days. Put/call ratio averaged 0.08.

Notable Days

  • 2020-05-14: Highest Volume — 99,743 contracts
  • 2020-05-06: Largest IV spike — 62.0% change
  • 2020-05-06: Highest IV Rank — 58.2%
  • 2020-05-28: Largest Expected Move — 42.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.39$2.00$2.75$2.09$2.25
Max Pain$1.95$1.00$2.00$1.00$2.00
ATM IV144.0%99.9%201.0%147.9%159.4%
Expected Move38.6%33.6%42.9%42.1%42.0%
HV 20d107.8%96.3%121.7%100.2%108.7%
HV 60d147.8%142.3%150.5%142.3%149.1%
IV Rank36.2%19.1%58.2%37.7%42.1%
IV Percentile80.6%63.5%93.3%84.5%85.3%
Term Structure-2.0%-40.3%72.0%-21.2%-6.6%
VWIV137.1%122.4%152.6%152.1%152.6%
Skew 25d-9.4%-65.0%66.5%-26.2%33.1%
Skew 10d-9.1%-38.0%31.0%-3.7%-18.3%
Call IV 25d142.2%112.2%166.9%137.7%115.1%
Put IV 25d132.9%72.0%219.2%111.6%148.1%
Bid-Ask Spread %26.7813.5761.6021.5715.06
Gamma HHI0.300.250.450.380.28
Net GEX190.7K149.4K237.3K149.4K176.1K
Net DEX-16.7M-25.2M-9.7M-12.2M-13.5M
Net VEX-73.5K-84.4K-60.0K-62.7K-74.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.080.020.180.110.09
Total Volume19,452.46,58299,7438,6979,622
Total OI184,721.6165,797211,941176,171195,545

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$2.09$1.00147.9%42.1%100.2%37.7%152.1%-26.2%-21.2%149.4K-12.2M-62.7K0.1121.57N/AN/A7,867830143,49232,679
2020-05-04$2.32$2.0099.9%38.6%103.2%19.1%123.3%-46.3%14.6%168.9K-14.7M-68.5K0.0824.60N/AN/A9,432709133,24932,548
2020-05-05$2.29$2.00124.1%36.8%98.0%28.5%133.3%1.2%12.2%177.0K-15.0M-68.3K0.0334.56N/AN/A11,399362138,15232,737
2020-05-06$2.33$2.00201.0%34.9%96.3%58.2%137.6%66.5%-20.3%192.4K-16.4M-68.4K0.1846.29N/AN/A7,6081,357142,58533,089
2020-05-07$2.00$2.00148.0%35.7%114.8%37.7%130.7%-65.0%72.0%186.8K-9.7M-60.0K0.1560.03N/AN/A16,9392,483145,31334,283
2020-05-08$2.09$2.00162.3%35.1%114.6%43.2%126.6%2.9%8.9%193.2K-11.3M-63.2K0.0761.60N/AN/A6,140442149,03534,556
2020-05-11$2.39$2.00119.6%35.8%121.7%26.7%130.9%-1.9%4.1%209.6K-16.7M-70.1K0.0214.39N/AN/A14,037347145,02234,070
2020-05-12$2.46$2.00158.8%33.6%112.3%41.9%122.4%8.9%-32.1%234.3K-18.8M-71.5K0.1218.83N/AN/A18,3942,267149,26434,250
2020-05-13$2.34$2.00172.4%37.6%110.9%47.2%128.4%-5.3%-40.3%213.7K-16.1M-71.4K0.0742.99N/AN/A10,520733149,61636,157
2020-05-14$2.55$2.00161.0%41.0%113.5%42.7%143.7%-46.5%-12.1%214.2K-20.5M-76.8K0.1017.04N/AN/A90,9848,759151,18836,358
2020-05-15$2.59$2.00136.6%38.3%113.5%33.3%132.8%-26.7%6.3%180.1K-25.2M-80.3K0.0418.77N/AN/A21,917778172,55739,384
2020-05-18$2.75$2.00126.8%38.5%103.5%29.5%141.8%0.4%-21.5%200.2K-20.4M-84.2K0.0420.47N/AN/A29,4101,217138,89836,088
2020-05-19$2.68$2.00128.8%36.7%104.6%30.3%130.3%-9.3%-22.1%237.3K-19.6M-84.0K0.1428.91N/AN/A8,6171,218145,65337,012
2020-05-20$2.71$2.00145.8%41.8%104.3%36.9%144.5%-2.2%0.5%211.4K-20.2M-84.4K0.0219.50N/AN/A37,263862144,31737,164
2020-05-21$2.69$2.00139.7%39.2%104.1%34.5%136.1%-13.4%12.9%162.2K-23.3M-83.0K0.0716.74N/AN/A7,235522159,42037,639
2020-05-22$2.55$2.00132.8%37.4%106.7%31.8%132.5%-10.9%1.0%193.7K-20.1M-81.5K0.0216.44N/AN/A18,416423157,79137,632
2020-05-26$2.33$2.00142.5%40.6%108.8%35.6%142.4%-15.9%-1.5%190.4K-14.4M-74.5K0.0715.05N/AN/A14,9251,045146,35036,821
2020-05-27$2.29$2.00138.9%42.4%108.6%34.2%150.1%9.8%-1.3%166.3K-13.6M-72.8K0.1129.26N/AN/A15,1251,599153,26337,499
2020-05-28$2.17$2.00133.6%42.9%108.6%32.1%150.2%-40.7%7.7%157.2K-12.3M-70.4K0.1313.57N/AN/A6,397848156,14037,616
2020-05-29$2.25$2.00159.4%42.0%108.7%42.1%152.6%33.1%-6.6%176.1K-13.5M-74.1K0.0915.06N/AN/A8,811811157,52938,016