OPK Options History — October 2020

In October 2020, OPK traded between $3.50 and $4.65. ATM implied volatility averaged 112.2%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 33.1%. IV traded above realized volatility by 41.0% (HV 20d: 71.2%). Max pain ranged from $2.00 to $3.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.09.

Notable Days

  • 2020-10-19: Highest Volume — 44,027 contracts
  • 2020-10-23: Largest IV spike — 66.5% change
  • 2020-10-23: Highest IV Rank — 51.8%
  • 2020-10-23: Largest Expected Move — 51.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.22$3.50$4.65$3.85$3.50
Max Pain$3.09$2.00$3.50$3.00$3.50
ATM IV112.2%75.0%188.9%120.5%89.4%
Expected Move33.1%20.1%51.4%20.1%34.8%
HV 20d71.2%50.0%101.5%59.0%101.5%
HV 60d89.8%78.9%99.3%97.8%86.8%
IV Rank21.0%6.1%51.8%24.3%11.8%
IV Percentile42.9%9.5%91.7%50.8%22.2%
Term Structure-3.9%-156.3%72.4%25.0%58.6%
VWIV116.2%74.5%148.5%74.5%124.4%
Skew 25d-37.7%-158.3%35.2%32.3%-68.9%
Skew 10d-14.0%-86.5%70.1%70.1%-86.5%
Call IV 25d128.8%99.0%167.0%106.9%135.9%
Put IV 25d91.1%1.7%139.2%139.2%67.0%
Bid-Ask Spread %18.826.0146.9717.5013.05
Gamma HHI0.200.170.280.260.18
Net GEX595.1K415.6K754.5K481.1K501.0K
Net DEX-51.0M-63.6M-29.0M-39.4M-29.0M
Net VEX-224.1K-240.7K-187.2K-201.3K-187.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.090.030.170.040.16
Total Volume19,974.1827,92744,02716,64539,973
Total OI299,267.955269,291325,236269,291325,236

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$3.85$3.00120.5%20.1%59.0%24.3%74.5%32.3%25.0%481.1K-39.4M-201.3K0.0417.50N/AN/A15,946699223,96345,328
2020-10-02$3.94$3.00146.5%29.0%56.2%34.8%96.3%-86.9%2.3%415.6K-42.2M-206.2K0.0646.97N/AN/A19,5901,153227,71345,237
2020-10-05$4.15$2.00122.2%33.9%56.4%25.0%118.2%-67.9%-15.2%497.0K-47.7M-218.0K0.106.01N/AN/A13,6981,323227,63643,691
2020-10-06$4.39$2.0083.1%28.7%56.9%9.3%100.8%-133.8%-16.8%545.1K-54.4M-227.7K0.0713.63N/AN/A35,1882,381232,33046,103
2020-10-07$4.38$3.0090.9%27.0%54.1%12.4%98.9%-48.4%-13.8%660.2K-54.4M-230.7K0.176.15N/AN/A14,4492,513242,83447,640
2020-10-08$4.56$3.00122.2%29.2%54.2%25.0%101.4%-10.8%31.2%754.5K-60.5M-235.5K0.0929.96N/AN/A15,5871,385246,26148,647
2020-10-09$4.65$3.00109.7%26.0%50.0%20.0%92.5%-28.6%-26.9%605.5K-63.6M-238.5K0.0810.48N/AN/A17,6901,380249,05449,070
2020-10-12$4.08$3.0097.2%31.4%72.6%15.0%117.8%-38.1%-4.0%549.0K-44.4M-217.6K0.177.18N/AN/A20,9743,576242,94047,684
2020-10-13$4.22$3.00110.6%31.6%72.8%20.3%115.1%-27.9%5.1%617.6K-49.7M-228.7K0.096.96N/AN/A13,9471,280251,32848,872
2020-10-14$4.10$3.00124.8%31.3%74.4%26.0%114.2%-15.0%-36.3%689.3K-46.5M-225.5K0.078.91N/AN/A7,420507258,93049,061
2020-10-15$4.21$3.0093.5%34.5%74.1%13.5%124.0%-12.4%39.9%502.3K-50.7M-226.6K0.0325.44N/AN/A11,792403259,36449,213
2020-10-16$4.31$3.00141.5%32.6%74.1%32.7%115.3%-11.9%-38.6%567.6K-53.4M-230.5K0.0933.25N/AN/A13,3671,177263,81149,128
2020-10-19$4.62$3.00103.1%33.0%76.5%17.3%114.0%21.7%3.5%623.2K-61.4M-240.7K0.0740.47N/AN/A41,2212,806240,12544,706
2020-10-20$4.46$3.00121.6%34.7%78.1%24.8%121.3%-22.4%70.4%722.2K-62.9M-223.6K0.0930.85N/AN/A19,8911,842256,62546,308
2020-10-21$4.16$3.50118.5%34.0%80.8%23.5%126.6%-26.4%3.1%703.1K-49.8M-227.3K0.149.31N/AN/A11,9141,670261,29847,584
2020-10-22$4.28$3.50113.5%30.5%80.8%21.5%104.3%-6.8%36.1%570.7K-53.2M-227.3K0.1218.74N/AN/A8,7061,003265,17148,477
2020-10-23$4.28$3.50188.9%51.4%80.3%51.8%131.2%-14.7%72.4%540.9K-54.7M-230.0K0.0337.46N/AN/A25,066715267,86048,393
2020-10-26$4.33$3.5096.0%37.7%79.8%14.5%134.9%-158.3%-156.3%642.5K-53.6M-230.7K0.0925.99N/AN/A15,7361,453253,71846,425
2020-10-27$4.12$3.5093.0%34.3%79.6%13.3%134.1%-77.7%-44.1%636.0K-47.9M-224.0K0.079.99N/AN/A16,0581,134260,68047,183
2020-10-28$4.05$3.5075.0%40.7%77.6%6.1%147.7%35.2%-94.9%610.3K-47.9M-223.8K0.069.08N/AN/A12,932792264,48047,925
2020-10-29$4.21$3.50107.2%41.2%76.8%19.0%148.5%-62.0%13.0%656.7K-53.7M-228.7K0.136.71N/AN/A16,9062,189267,57148,292
2020-10-30$3.50$3.5089.4%34.8%101.5%11.8%124.4%-68.9%58.6%501.0K-29.0M-187.2K0.1613.05N/AN/A34,3805,593275,98649,250