OPK Options History — January 2021

In January 2021, OPK traded between $4.18 and $5.60. ATM implied volatility averaged 89.1%, placing in the 27.2% IV rank vs the trailing year. The 30-day expected move averaged 23.3%. IV traded above realized volatility by 38.2% (HV 20d: 50.9%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.11.

Notable Days

  • 2021-01-27: Highest Volume — 120,288 contracts
  • 2021-01-27: Largest IV spike — 213.6% change
  • 2021-01-27: Highest IV Rank — 62.7%
  • 2021-01-27: Largest Expected Move — 37.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.65$4.18$5.60$4.18$5.37
Max Pain$4.16$4.00$5.00$4.00$5.00
ATM IV89.1%53.2%196.1%68.5%60.3%
Expected Move23.3%18.4%37.9%23.2%23.8%
HV 20d50.9%46.2%59.8%51.9%59.7%
HV 60d81.5%74.2%87.2%87.2%74.2%
IV Rank27.2%15.4%62.7%20.4%17.7%
IV Percentile20.4%0.4%92.5%3.6%1.2%
Term Structure-5.6%-95.6%84.0%-19.0%57.1%
VWIV90.8%65.7%156.8%98.6%138.9%
Skew 25d-35.0%-101.0%22.1%-101.0%-41.5%
Skew 10d-37.4%-125.2%135.6%-24.3%135.6%
Call IV 25d99.5%42.4%195.9%112.8%124.5%
Put IV 25d64.6%1.7%166.7%11.8%83.0%
Bid-Ask Spread %34.803.8592.7438.8692.74
Gamma HHI0.210.140.250.240.14
Net GEX625.9K505.1K824.6K505.1K661.1K
Net DEX-48.0M-78.4M-36.1M-36.1M-73.3M
Net VEX-234.1K-294.1K-212.6K-213.4K-289.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.040.160.120.12
Total Volume26,341.7377,288120,28828,28521,583
Total OI277,933.579215,276314,394292,449294,116

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$4.18$4.0068.5%23.2%51.9%20.4%98.6%-101.0%-19.0%505.1K-36.1M-213.4K0.1238.86N/AN/A25,1463,139235,60056,849
2021-01-05$4.29$4.00103.6%19.9%51.2%32.1%86.2%-93.4%-95.6%629.3K-39.7M-218.3K0.075.60N/AN/A7,530533245,89056,140
2021-01-06$4.37$4.00100.0%22.0%50.1%30.9%78.0%-6.7%-6.7%649.3K-42.4M-218.6K0.0430.57N/AN/A15,774708246,85756,337
2021-01-07$4.47$4.0085.3%22.3%49.7%26.0%81.9%-66.5%-89.0%708.6K-45.5M-223.6K0.1544.63N/AN/A9,0971,366249,24656,610
2021-01-08$4.41$4.0080.2%20.1%49.1%24.3%79.9%-63.2%0.8%581.6K-42.7M-223.0K0.1630.69N/AN/A10,2461,598251,38657,274
2021-01-11$4.35$4.0053.2%20.3%49.1%15.4%70.4%-1.9%25.1%581.7K-37.9M-212.6K0.1026.18N/AN/A12,2531,225245,55956,433
2021-01-12$4.42$4.00101.3%21.8%47.1%31.3%76.7%-59.3%-24.8%595.0K-40.2M-218.1K0.143.85N/AN/A6,366922252,10957,343
2021-01-13$4.47$4.0061.8%20.9%46.2%18.2%82.0%-28.5%20.0%639.5K-42.6M-216.4K0.0978.84N/AN/A16,0711,429252,41957,526
2021-01-14$4.53$4.0081.7%22.2%46.4%24.8%78.0%-28.2%-36.8%622.9K-42.8M-223.3K0.095.60N/AN/A14,5611,285255,33857,673
2021-01-15$4.58$4.0074.8%22.6%46.4%22.5%80.8%22.1%24.3%511.9K-45.2M-227.9K0.079.81N/AN/A28,0131,860256,37658,018
2021-01-19$4.53$4.0068.1%19.5%46.5%20.3%70.0%-12.5%45.1%572.4K-39.6M-220.6K0.153.95N/AN/A13,8172,138184,59130,685
2021-01-20$4.46$4.0066.8%19.2%46.8%19.9%68.5%-9.3%-0.4%576.7K-38.7M-219.9K0.1431.18N/AN/A9,7761,357190,15532,529
2021-01-21$4.41$4.0064.1%18.4%47.0%19.0%65.7%-7.9%-0.8%611.1K-37.9M-219.1K0.1320.33N/AN/A9,2961,212194,52433,591
2021-01-22$4.39$4.0075.2%19.7%46.2%22.7%76.0%-16.2%18.9%535.8K-37.4M-219.3K0.0713.44N/AN/A8,774590196,52834,507
2021-01-25$4.95$4.00127.2%29.0%58.3%39.8%108.9%-83.7%-9.0%566.7K-52.8M-244.7K0.0847.36N/AN/A54,3544,568188,49732,475
2021-01-26$5.23$4.5062.5%22.7%59.8%18.5%92.2%-14.0%84.0%824.6K-64.3M-259.8K0.1235.15N/AN/A60,2007,037211,56137,176
2021-01-27$5.60$4.50196.1%37.9%56.3%62.7%156.8%-29.2%-46.1%697.8K-78.4M-286.5K0.0855.64N/AN/A111,2908,998224,33141,677
2021-01-28$5.38$5.00161.9%37.8%59.6%51.3%135.9%-23.5%-53.1%821.4K-73.3M-294.1K0.0886.84N/AN/A24,4281,953245,10647,706
2021-01-29$5.37$5.0060.3%23.8%59.7%17.7%138.9%-41.5%57.1%661.1K-73.3M-289.1K0.1292.74N/AN/A19,2012,382246,24047,876