OPK Options History — December 2020

In December 2020, OPK traded between $3.95 and $4.78. ATM implied volatility averaged 93.6%, placing in the 18.1% IV rank vs the trailing year. The 30-day expected move averaged 27.2%. IV traded above realized volatility by 13.1% (HV 20d: 80.5%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.15.

Notable Days

  • 2020-12-02: Highest Volume — 52,437 contracts
  • 2020-12-24: Largest IV spike — 1125.4% change
  • 2020-12-29: Highest IV Rank — 38.6%
  • 2020-12-02: Largest Expected Move — 37.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.43$3.95$4.78$4.28$3.95
Max Pain$3.27$3.00$4.00$3.00$4.00
ATM IV93.6%6.7%136.5%109.0%87.8%
Expected Move27.2%21.5%37.1%26.9%27.1%
HV 20d80.5%47.4%103.6%95.5%47.4%
HV 60d88.0%86.1%89.0%86.1%86.3%
IV Rank18.1%0.0%38.6%18.2%26.8%
IV Percentile27.0%0.0%64.3%41.7%15.9%
Term Structure6.6%-133.2%127.8%-10.4%106.6%
VWIV97.7%76.6%138.7%98.5%100.5%
Skew 25d-16.5%-194.3%38.7%-35.2%-5.4%
Skew 10d-17.3%-107.7%76.2%-69.7%-0.7%
Call IV 25d115.5%81.2%207.9%100.3%95.0%
Put IV 25d99.0%13.7%176.7%65.1%89.6%
Bid-Ask Spread %14.963.4744.467.7010.73
Gamma HHI0.220.190.260.210.23
Net GEX628.5K422.4K815.9K632.9K435.4K
Net DEX-47.7M-64.6M-29.0M-45.4M-29.0M
Net VEX-224.2K-247.9K-196.5K-219.5K-202.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.050.420.060.08
Total Volume15,6375,88952,43722,45112,908
Total OI303,225.864269,995320,695301,578298,181

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$4.28$3.00109.0%26.9%95.5%18.2%98.5%-35.2%-10.4%632.9K-45.4M-219.5K0.067.70N/AN/A21,1341,317248,41953,159
2020-12-02$4.78$3.50136.5%37.1%101.6%29.5%138.7%-11.8%-4.8%683.3K-64.6M-247.9K0.0544.46N/AN/A50,1442,293253,24254,034
2020-12-03$4.62$3.00134.5%31.5%102.4%28.6%112.5%-4.5%-30.8%783.2K-60.4M-242.5K0.0911.68N/AN/A21,2651,815265,14354,969
2020-12-04$4.78$3.00111.4%29.0%102.7%19.2%102.9%-38.3%-23.4%693.4K-63.8M-243.7K0.134.10N/AN/A19,6552,638265,27455,421
2020-12-07$4.59$3.0056.8%28.4%103.6%0.0%99.1%-194.3%32.4%700.7K-54.1M-230.8K0.1915.29N/AN/A9,7951,905253,55553,237
2020-12-08$4.72$3.0092.0%27.3%92.1%14.0%98.1%23.3%32.8%752.9K-59.0M-233.0K0.127.23N/AN/A10,3261,274255,98953,799
2020-12-09$4.60$3.00107.8%27.6%78.9%20.3%94.3%-46.8%-20.1%730.4K-55.2M-233.7K0.426.10N/AN/A9,0243,831259,90154,682
2020-12-10$4.65$3.0076.6%30.4%77.6%7.9%107.2%32.2%45.6%761.8K-56.7M-238.6K0.063.66N/AN/A7,301432260,73856,966
2020-12-11$4.45$3.00122.0%25.9%80.0%25.9%96.2%32.2%-39.8%625.7K-49.8M-226.7K0.1632.51N/AN/A8,0511,253262,50257,062
2020-12-14$4.57$3.0087.7%25.9%76.5%12.3%88.0%-19.6%79.0%686.8K-52.4M-229.2K0.058.34N/AN/A10,583560255,10755,331
2020-12-15$4.53$3.0081.0%23.3%76.3%9.6%80.9%-3.1%37.7%714.2K-49.9M-225.9K0.084.66N/AN/A5,505434258,76455,628
2020-12-16$4.49$3.0078.9%22.6%76.5%8.8%82.4%-3.0%-57.1%663.5K-48.7M-221.0K0.0519.23N/AN/A6,713351258,60455,727
2020-12-17$4.46$3.0075.0%21.5%75.4%7.2%76.6%-6.4%-0.3%639.5K-46.5M-220.1K0.214.58N/AN/A7,0901,493258,33355,798
2020-12-18$4.49$3.0080.9%25.4%74.5%9.6%90.1%-4.3%-26.2%815.9K-48.3M-222.5K0.1227.62N/AN/A20,2442,408259,43656,572
2020-12-21$4.48$3.00105.3%23.4%73.8%19.2%83.7%38.7%-21.2%554.7K-44.4M-220.3K0.1634.07N/AN/A6,7941,097222,06047,935
2020-12-22$4.58$3.0073.7%28.8%73.7%6.7%106.8%-78.6%-22.7%581.7K-50.1M-230.9K0.176.12N/AN/A19,4003,205225,07248,725
2020-12-23$4.30$3.506.7%29.1%76.8%0.0%102.9%-26.4%127.8%531.3K-40.5M-221.4K0.216.23N/AN/A18,4653,900233,78751,575
2020-12-24$4.22$4.0082.5%24.9%77.2%25.1%99.7%-6.1%51.3%492.6K-37.4M-218.6K0.083.47N/AN/A5,432457235,70254,215
2020-12-28$3.96$4.00113.2%26.8%79.4%35.2%93.1%14.6%-133.2%426.8K-29.8M-196.5K0.3518.45N/AN/A13,0274,608228,22552,653
2020-12-29$3.95$4.00123.3%27.8%67.0%38.6%98.3%-21.1%-4.1%422.4K-30.4M-199.3K0.1630.60N/AN/A13,4302,146232,56656,105
2020-12-30$4.06$4.00117.1%28.0%63.2%36.5%100.1%1.1%26.3%498.2K-32.9M-208.1K0.1922.29N/AN/A8,6551,656239,08557,691
2020-12-31$3.95$4.0087.8%27.1%47.4%26.8%100.5%-5.4%106.6%435.4K-29.0M-202.6K0.0810.73N/AN/A11,932976239,59358,588