OPK Options History — September 2020

In September 2020, OPK traded between $2.98 and $3.66. ATM implied volatility averaged 110.3%, placing in the 23.0% IV rank vs the trailing year. The 30-day expected move averaged 29.1%. IV traded above realized volatility by 30.2% (HV 20d: 80.1%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.15.

Notable Days

  • 2020-09-08: Highest Volume — 33,666 contracts
  • 2020-09-24: Largest IV drop — 47.2% change
  • 2020-09-23: Highest IV Rank — 33.5%
  • 2020-09-09: Largest Expected Move — 35.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.18$2.98$3.66$3.11$3.66
Max Pain$3.52$3.00$4.00$3.00$3.00
ATM IV110.3%72.3%137.1%131.6%110.2%
Expected Move29.1%23.7%35.8%33.5%23.8%
HV 20d80.1%51.2%91.6%88.8%58.4%
HV 60d100.7%96.5%102.8%102.4%98.1%
IV Rank23.0%8.5%33.5%31.4%20.2%
IV Percentile42.9%9.5%63.1%59.1%43.7%
Term Structure10.7%-39.9%117.3%-0.7%-26.3%
VWIV109.2%89.5%136.3%121.1%90.1%
Skew 25d-18.0%-139.9%35.8%33.6%-39.6%
Skew 10d-35.5%-139.0%72.3%30.8%-31.6%
Call IV 25d129.0%85.2%180.6%171.0%123.1%
Put IV 25d110.9%1.4%204.6%204.6%83.5%
Bid-Ask Spread %11.783.4939.047.2537.70
Gamma HHI0.220.170.610.170.20
Net GEX373.0K240.8K916.7K304.0K415.2K
Net DEX-24.7M-33.5M-20.5M-21.4M-33.5M
Net VEX-172.3K-191.6K-160.8K-171.6K-191.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.080.260.230.12
Total Volume14,050.4294,37533,66616,18322,662
Total OI306,196.143246,862356,078321,010260,761

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$3.11$3.00131.6%33.5%88.8%31.4%121.1%33.6%-0.7%304.0K-21.4M-171.6K0.237.25N/AN/A13,1393,044263,28157,729
2020-09-02$3.25$3.00118.2%27.8%91.6%26.2%103.2%35.8%46.5%350.4K-26.6M-180.6K0.2323.49N/AN/A14,3133,239268,18357,726
2020-09-03$3.12$4.00123.4%31.3%87.2%28.2%115.9%-24.9%-0.2%352.3K-23.2M-177.5K0.254.81N/AN/A10,5032,601273,86158,419
2020-09-04$3.05$4.00108.1%35.5%86.9%22.3%134.1%-28.1%117.3%268.3K-27.2M-160.8K0.1139.04N/AN/A21,4422,338278,47758,510
2020-09-08$3.21$4.00132.6%35.4%91.6%31.8%130.8%-12.5%18.7%384.9K-27.0M-179.9K0.088.32N/AN/A31,1262,540275,12855,904
2020-09-09$3.10$4.00123.8%35.8%88.8%28.4%136.3%0.1%-36.2%460.5K-26.4M-176.1K0.1416.91N/AN/A14,8322,039290,71957,365
2020-09-10$3.09$4.00131.2%32.7%88.3%31.2%126.7%3.4%-30.0%488.7K-27.1M-171.9K0.1016.93N/AN/A11,6821,213294,34657,812
2020-09-11$2.98$4.0099.0%31.2%86.2%18.8%116.0%35.2%11.7%916.7K-20.5M-166.6K0.264.17N/AN/A9,9292,629297,92758,151
2020-09-14$3.14$4.0095.7%26.8%90.2%17.5%101.8%-32.7%19.8%379.6K-23.4M-170.0K0.155.74N/AN/A17,0072,629277,16955,984
2020-09-15$3.15$4.00100.7%28.8%82.6%19.4%115.1%-40.5%-6.4%442.8K-24.0M-171.2K0.104.94N/AN/A13,6861,429281,69356,089
2020-09-16$3.17$4.00101.4%29.1%83.2%19.7%111.9%-14.2%12.0%427.7K-25.0M-170.9K0.233.57N/AN/A8,0841,860281,77255,837
2020-09-17$3.14$4.00118.4%30.9%82.4%26.3%112.7%-25.0%85.1%425.6K-25.4M-170.3K0.144.72N/AN/A3,853522283,40755,641
2020-09-18$3.17$4.0097.0%26.8%83.2%18.0%103.3%-25.9%-4.2%240.8K-25.7M-168.2K0.136.75N/AN/A9,0181,153283,89755,283
2020-09-21$3.26$3.00106.9%29.1%85.1%21.8%102.3%35.2%-24.3%269.8K-23.6M-174.4K0.089.15N/AN/A13,3411,127203,46343,399
2020-09-22$3.22$3.0096.8%26.9%85.1%17.9%101.2%30.2%26.0%294.5K-23.2M-172.0K0.087.46N/AN/A6,530551210,70044,012
2020-09-23$3.07$3.00137.1%25.4%83.0%33.5%94.5%-139.9%-39.9%255.7K-21.0M-164.0K0.133.68N/AN/A6,181815212,14144,142
2020-09-24$3.08$3.0072.3%25.4%78.9%8.5%93.5%-39.1%72.2%250.6K-21.2M-163.6K0.1522.61N/AN/A4,719726213,64644,383
2020-09-25$3.22$3.00105.2%23.7%51.2%21.1%89.5%-137.4%-27.8%280.5K-22.4M-169.5K0.163.49N/AN/A7,2701,188214,49844,154
2020-09-28$3.19$3.00103.5%25.9%51.3%20.5%103.1%18.8%3.4%277.1K-23.0M-167.5K0.093.68N/AN/A6,208539207,87142,705
2020-09-29$3.44$3.00103.0%25.1%57.6%20.3%90.9%-11.6%7.4%347.9K-27.9M-179.3K0.1112.88N/AN/A15,5801,772210,85543,079
2020-09-30$3.66$3.00110.2%23.8%58.4%20.2%90.1%-39.6%-26.3%415.2K-33.5M-191.6K0.1237.70N/AN/A20,2332,429216,88643,875