OPK Options History — November 2020

In November 2020, OPK traded between $3.26 and $4.61. ATM implied volatility averaged 103.9%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 26.7%. IV traded below realized volatility by 0.7% (HV 20d: 104.6%). Max pain ranged from $3.00 to $3.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.14.

Notable Days

  • 2020-11-30: Highest Volume — 53,508 contracts
  • 2020-11-05: Largest IV spike — 84.5% change
  • 2020-11-05: Highest IV Rank — 39.8%
  • 2020-11-30: Largest Expected Move — 34.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.84$3.26$4.61$3.46$4.61
Max Pain$3.02$3.00$3.50$3.00$3.00
ATM IV103.9%75.8%159.2%135.4%84.2%
Expected Move26.7%20.2%34.9%29.0%34.9%
HV 20d104.6%90.5%113.1%99.2%90.5%
HV 60d87.8%82.3%93.4%86.8%84.7%
IV Rank17.5%5.7%39.8%30.3%8.1%
IV Percentile35.7%9.1%82.9%63.5%13.9%
Term Structure2.2%-120.0%90.4%-120.0%-25.0%
VWIV96.9%72.0%127.5%112.0%127.5%
Skew 25d-0.0%-116.8%97.5%31.0%-116.8%
Skew 10d-15.8%-103.7%94.9%-56.3%-103.7%
Call IV 25d100.4%44.6%154.6%148.2%154.6%
Put IV 25d100.4%37.9%179.2%179.2%37.9%
Bid-Ask Spread %9.792.3329.578.9421.21
Gamma HHI0.260.190.330.220.19
Net GEX501.8K339.8K641.0K408.4K545.0K
Net DEX-33.7M-54.3M-21.3M-27.3M-54.3M
Net VEX-192.0K-226.1K-162.9K-180.4K-226.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.140.050.340.120.05
Total Volume15,579.45,50853,50812,95753,508
Total OI290,899.25277,031304,217290,124281,891

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$3.46$3.00135.4%29.0%99.2%30.3%112.0%31.0%-120.0%408.4K-27.3M-180.4K0.128.94N/AN/A11,5761,381245,38444,740
2020-11-03$3.58$3.0099.5%26.2%97.6%15.9%94.9%6.2%90.4%447.1K-30.2M-188.0K0.0729.57N/AN/A7,667514245,38444,740
2020-11-04$3.74$3.5086.3%22.5%99.4%10.6%80.9%-30.0%-44.1%452.1K-32.9M-191.9K0.227.67N/AN/A7,7211,699249,31145,566
2020-11-05$3.75$3.00159.2%25.5%97.9%39.8%93.4%-20.9%-39.0%544.2K-33.0M-188.2K0.1026.32N/AN/A5,270532249,90845,941
2020-11-06$3.66$3.00107.0%26.2%97.4%18.9%93.8%-4.2%89.1%422.0K-29.7M-181.1K0.343.31N/AN/A6,8072,295250,76046,135
2020-11-09$3.26$3.00110.5%31.3%95.1%20.3%125.7%25.7%4.7%339.8K-21.3M-162.9K0.146.28N/AN/A14,5612,028234,90445,873
2020-11-10$3.79$3.00117.8%29.7%110.2%23.2%110.5%97.5%-15.4%489.6K-35.5M-198.6K0.0720.10N/AN/A35,5072,599239,28646,532
2020-11-11$3.68$3.0075.8%31.3%110.3%6.4%109.2%-44.6%28.7%528.8K-31.4M-187.3K0.132.79N/AN/A11,7021,513246,71447,854
2020-11-12$3.71$3.0084.5%30.8%109.7%9.9%106.3%4.6%30.4%506.3K-31.6M-188.6K0.099.09N/AN/A9,168843243,86247,993
2020-11-13$4.00$3.0094.1%27.5%113.1%13.7%97.2%5.6%1.1%525.1K-39.0M-199.3K0.343.06N/AN/A18,1516,205246,44648,365
2020-11-16$3.94$3.0092.9%26.8%109.8%13.2%98.5%-17.6%15.9%535.3K-36.2M-200.8K0.162.33N/AN/A12,8552,021238,48451,515
2020-11-17$3.98$3.0093.0%26.8%109.5%13.3%96.5%-10.3%7.8%593.7K-37.3M-199.0K0.123.11N/AN/A7,639890240,14852,738
2020-11-18$3.86$3.0094.6%27.1%107.3%13.9%96.6%-4.7%17.9%559.4K-33.5M-192.8K0.153.65N/AN/A14,8952,196241,77452,780
2020-11-19$3.77$3.00106.7%27.9%106.8%18.8%97.8%-7.4%-7.1%468.5K-30.1M-190.1K0.162.60N/AN/A8,4361,335249,72453,872
2020-11-20$3.92$3.00118.5%26.2%108.0%23.5%91.6%-12.8%15.8%431.4K-33.3M-196.7K0.102.90N/AN/A11,4921,141249,78054,437
2020-11-23$4.02$3.00105.3%21.6%108.4%18.2%78.5%67.5%52.9%533.6K-34.3M-194.2K0.0910.96N/AN/A17,6161,603225,26651,765
2020-11-24$3.91$3.00108.8%20.2%107.4%19.6%72.0%-7.4%3.5%542.2K-31.4M-188.7K0.144.79N/AN/A7,8741,091231,55352,681
2020-11-25$3.96$3.00126.5%21.0%107.4%26.7%75.8%-3.7%-3.6%641.0K-33.0M-192.2K0.1221.19N/AN/A4,897611233,63552,826
2020-11-27$4.12$3.0078.5%21.6%107.5%5.7%79.4%42.3%-59.4%521.9K-37.9M-193.2K0.115.93N/AN/A12,3681,381234,30653,112
2020-11-30$4.61$3.0084.2%34.9%90.5%8.1%127.5%-116.8%-25.0%545.0K-54.3M-226.1K0.0521.21N/AN/A50,9682,540229,65052,241