OPK Options History — July 2020

In July 2020, OPK traded between $3.46 and $6.08. ATM implied volatility averaged 147.8%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 40.0%. IV traded above realized volatility by 59.8% (HV 20d: 88.0%). Max pain ranged from $2.00 to $4.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.12.

Notable Days

  • 2020-07-21: Highest Volume — 147,321 contracts
  • 2020-07-21: Largest IV spike — 19.9% change
  • 2020-07-21: Highest IV Rank — 53.6%
  • 2020-07-21: Largest Expected Move — 53.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.68$3.46$6.08$3.46$5.07
Max Pain$3.16$2.00$4.00$2.00$4.00
ATM IV147.8%129.5%189.0%135.5%147.7%
Expected Move40.0%32.7%53.5%35.8%39.2%
HV 20d88.0%61.7%125.7%85.5%125.7%
HV 60d96.6%87.0%106.3%97.2%106.3%
IV Rank37.6%30.6%53.6%32.9%37.6%
IV Percentile76.1%64.3%92.1%69.4%75.0%
Term Structure0.8%-22.7%30.2%15.5%5.2%
VWIV143.7%124.0%188.2%126.5%142.8%
Skew 25d-17.4%-35.8%8.0%-26.2%-13.8%
Skew 10d-15.5%-44.3%21.8%-28.2%-37.8%
Call IV 25d166.3%141.8%194.1%164.7%157.3%
Put IV 25d148.9%129.1%184.2%138.5%143.6%
Bid-Ask Spread %18.095.3444.1631.7710.26
Gamma HHI0.230.150.480.300.19
Net GEX534.5K285.1K974.0K286.4K822.2K
Net DEX-58.1M-101.4M-27.6M-27.6M-68.6M
Net VEX-152.5K-214.7K-105.0K-105.0K-206.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.120.020.270.040.17
Total Volume41,316.3647,857147,32139,500136,894
Total OI244,385.955177,906357,898177,906357,898

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$3.46$2.00135.5%35.8%85.5%32.9%126.5%-26.2%15.5%286.4K-27.6M-105.0K0.0431.77N/AN/A38,1311,369141,97435,932
2020-07-02$3.54$2.00131.9%32.7%84.9%31.5%124.0%-27.9%30.2%285.1K-30.5M-109.6K0.0642.22N/AN/A13,256768150,40736,641
2020-07-06$3.75$2.00157.5%38.1%85.8%41.4%132.3%-10.3%-0.5%304.2K-32.6M-108.9K0.2232.07N/AN/A24,8785,403144,49636,071
2020-07-07$3.83$3.00141.3%36.3%74.1%35.1%128.4%-16.4%-9.7%363.9K-35.3M-116.5K0.2315.85N/AN/A9,0192,113157,63040,619
2020-07-08$4.08$3.00138.1%36.1%74.8%33.9%132.2%0.6%-3.3%406.4K-41.4M-120.9K0.0816.41N/AN/A26,1152,069159,83341,478
2020-07-09$4.03$3.00141.6%38.5%75.3%35.2%138.9%-10.2%17.5%462.8K-40.3M-120.0K0.0514.03N/AN/A29,8981,601166,87742,666
2020-07-10$4.02$3.00143.0%36.4%62.9%35.8%133.1%-22.8%-10.1%714.4K-42.0M-130.5K0.0244.16N/AN/A20,849335176,24343,940
2020-07-13$3.96$3.00152.8%41.1%62.5%39.6%143.0%-6.3%-22.7%366.5K-38.6M-128.4K0.0615.96N/AN/A15,9871,023166,77242,190
2020-07-14$4.01$3.00136.7%39.4%62.4%33.3%140.8%0.4%4.2%383.2K-39.8M-128.8K0.0536.64N/AN/A11,399619171,73542,578
2020-07-15$4.08$3.00129.5%38.9%61.7%30.6%141.3%-32.0%8.7%405.8K-42.2M-132.3K0.1214.71N/AN/A11,1911,389175,70443,126
2020-07-16$4.04$3.00140.7%38.2%62.6%34.9%147.1%8.0%-12.6%395.8K-41.2M-131.9K0.0214.47N/AN/A7,680177177,93643,899
2020-07-17$4.61$3.00146.7%40.2%72.7%37.2%143.1%-25.6%-10.9%314.4K-56.0M-138.9K0.0811.71N/AN/A48,0264,015181,00444,059
2020-07-20$4.93$3.00157.6%44.0%71.8%41.4%157.2%-35.8%2.0%366.7K-54.2M-145.3K0.0940.18N/AN/A50,6694,384165,52642,813
2020-07-21$6.08$3.00189.0%53.5%95.1%53.6%188.2%-9.9%11.3%446.3K-85.6M-161.1K0.1111.75N/AN/A132,35114,970184,67546,518
2020-07-22$5.51$3.00162.3%46.5%107.3%43.2%163.1%-24.3%1.7%682.7K-78.6M-183.9K0.277.20N/AN/A37,91110,064226,82556,101
2020-07-23$5.62$3.50142.6%40.5%105.5%35.6%146.0%-19.8%4.0%811.6K-82.9M-186.3K0.146.15N/AN/A32,8344,599236,02560,107
2020-07-24$5.26$4.00139.0%38.5%111.9%34.2%140.6%-18.9%10.8%589.6K-71.0M-185.2K0.216.07N/AN/A30,6976,413243,89161,355
2020-07-27$5.88$4.00154.3%41.0%115.1%40.2%144.5%-21.4%-6.4%692.0K-88.7M-190.5K0.155.34N/AN/A39,5495,881223,11354,324
2020-07-28$5.62$4.00142.9%40.3%118.6%35.7%145.2%-21.3%3.4%771.6K-85.0M-203.7K0.176.30N/AN/A24,7454,322243,88558,538
2020-07-29$5.81$4.00155.5%41.4%110.0%40.6%145.1%-22.7%-10.6%912.1K-95.3M-206.7K0.128.74N/AN/A37,0594,587257,71959,802
2020-07-30$5.86$4.00164.7%44.1%110.1%44.2%158.0%-25.7%-10.5%974.0K-101.4M-214.7K0.116.07N/AN/A48,4765,245272,05261,514
2020-07-31$5.07$4.00147.7%39.2%125.7%37.6%142.8%-13.8%5.2%822.2K-68.6M-206.2K0.1710.26N/AN/A117,19519,699293,49464,404