OPK Options History — August 2020

In August 2020, OPK traded between $3.25 and $5.67. ATM implied volatility averaged 101.9%, placing in the 19.9% IV rank vs the trailing year. The 30-day expected move averaged 28.4%. IV traded below realized volatility by 8.1% (HV 20d: 110.0%). Max pain ranged from $2.00 to $4.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.20.

Notable Days

  • 2020-08-27: Highest Volume — 50,070 contracts
  • 2020-08-24: Largest IV spike — 37.8% change
  • 2020-08-28: Highest IV Rank — 42.9%
  • 2020-08-28: Largest Expected Move — 43.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.78$3.25$5.67$5.31$3.25
Max Pain$3.14$2.00$4.00$4.00$3.50
ATM IV101.9%74.3%161.4%117.8%101.3%
Expected Move28.4%21.5%43.0%33.1%28.8%
HV 20d110.0%81.0%132.9%125.3%89.4%
HV 60d99.3%96.4%105.7%100.7%105.7%
IV Rank19.9%9.2%42.9%26.0%19.7%
IV Percentile40.7%13.9%84.1%52.8%40.1%
Term Structure2.6%-47.1%41.0%-5.9%-47.1%
VWIV102.5%82.1%151.4%118.3%110.6%
Skew 25d-0.9%-26.0%31.4%-11.4%-5.0%
Skew 10d-11.1%-49.0%39.2%-21.9%15.6%
Call IV 25d113.0%84.6%149.4%133.4%149.3%
Put IV 25d112.1%76.9%160.6%122.0%144.3%
Bid-Ask Spread %8.733.9233.3710.1911.73
Gamma HHI0.210.150.340.210.17
Net GEX838.9K282.2K1.4M1.1M308.9K
Net DEX-60.5M-96.0M-20.7M-79.2M-21.3M
Net VEX-207.4K-224.1K-176.5K-214.8K-176.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.060.600.090.60
Total Volume27,317.3819,20950,07039,83523,800
Total OI326,086.333277,912350,263334,865321,116

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$5.31$4.00117.8%33.1%125.3%26.0%118.3%-11.4%-5.9%1.1M-79.2M-214.8K0.0910.19N/AN/A36,3893,446277,85857,007
2020-08-04$5.35$4.00104.5%27.1%125.4%20.9%98.1%-26.0%-1.8%1.2M-81.4M-218.3K0.104.63N/AN/A22,9852,218284,58357,244
2020-08-05$5.39$4.0091.4%25.9%124.2%15.8%95.5%8.5%-5.7%1.3M-83.3M-212.4K0.1133.37N/AN/A13,5911,553286,06157,487
2020-08-06$5.67$2.0094.7%27.8%124.4%17.1%96.1%1.0%-1.0%1.4M-96.0M-212.9K0.145.58N/AN/A38,9785,406285,66257,384
2020-08-07$5.62$2.0090.6%27.4%124.6%15.5%95.1%-23.7%0.4%986.9K-93.8M-211.8K0.085.12N/AN/A28,9782,447292,14558,118
2020-08-10$5.42$3.0087.8%25.1%125.5%14.4%94.9%-5.5%2.5%1.0M-76.8M-206.4K0.145.33N/AN/A26,2323,653252,63452,034
2020-08-11$4.97$3.0098.7%27.7%130.7%18.6%100.1%-11.5%-2.6%842.6K-63.0M-206.7K0.124.19N/AN/A26,8553,349262,96654,686
2020-08-12$4.70$3.00104.9%27.4%132.8%21.0%95.0%-6.0%-23.9%791.9K-53.9M-197.9K0.153.92N/AN/A38,0645,681269,17155,511
2020-08-13$4.85$3.0089.4%27.0%132.9%15.1%95.5%12.4%5.1%964.6K-61.6M-206.3K0.164.82N/AN/A10,1641,601282,85756,931
2020-08-14$4.83$3.0099.2%26.4%124.7%18.8%97.2%23.3%-7.0%795.0K-58.2M-200.7K0.064.42N/AN/A19,2291,156283,72957,446
2020-08-17$5.23$3.0083.7%24.0%125.6%12.9%85.8%-8.1%-0.0%957.8K-70.3M-205.3K0.115.45N/AN/A32,6513,601259,69353,848
2020-08-18$5.05$3.0079.9%23.1%99.6%11.4%86.8%-7.3%11.4%1.0M-67.8M-218.8K0.1217.27N/AN/A15,0531,860273,44154,852
2020-08-19$5.11$3.0075.5%21.7%94.0%9.7%83.4%-4.8%11.0%1.1M-69.0M-221.8K0.084.44N/AN/A19,7871,530277,25756,040
2020-08-20$4.96$3.0074.3%21.5%94.0%9.2%82.1%-7.6%-1.6%1.2M-63.0M-224.1K0.125.49N/AN/A8,255954281,40056,794
2020-08-21$4.86$3.0082.5%23.4%91.5%12.4%87.3%-10.7%5.0%589.2K-57.7M-217.9K0.328.36N/AN/A11,9043,859283,76556,878
2020-08-24$4.72$3.00113.8%30.6%81.0%24.5%104.2%31.4%33.3%581.5K-53.6M-221.1K0.327.33N/AN/A29,2339,382231,33946,573
2020-08-25$4.37$3.00110.9%30.4%83.5%23.4%105.3%0.2%28.5%490.2K-43.2M-212.7K0.5025.45N/AN/A17,3078,729244,32554,759
2020-08-26$4.00$3.00123.2%35.2%85.8%28.1%124.0%5.3%28.9%366.5K-33.6M-202.9K0.346.18N/AN/A20,9807,136246,03160,568
2020-08-27$3.34$4.00155.2%39.6%102.5%40.5%145.0%15.1%-15.6%282.2K-20.7M-177.5K0.295.21N/AN/A38,86711,203250,85163,409
2020-08-28$3.32$3.50161.4%43.0%92.9%42.9%151.4%11.2%41.0%303.4K-23.8M-188.3K0.304.95N/AN/A11,9943,605266,87666,484
2020-08-31$3.25$3.50101.3%28.8%89.4%19.7%110.6%-5.0%-47.1%308.9K-21.3M-176.5K0.6011.73N/AN/A14,8688,932258,62962,487