OPK Options History — March 2021

In March 2021, OPK traded between $4.16 and $4.90. ATM implied volatility averaged 81.7%, placing in the 28.5% IV rank vs the trailing year. The 30-day expected move averaged 20.0%. IV traded above realized volatility by 14.6% (HV 20d: 67.1%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.17.

Notable Days

  • 2021-03-15: Highest Volume — 22,617 contracts
  • 2021-03-03: Largest IV spike — 147.9% change
  • 2021-03-01: Highest IV Rank — 52.7%
  • 2021-03-23: Largest Expected Move — 29.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.50$4.16$4.90$4.65$4.30
Max Pain$4.26$4.00$5.00$4.00$4.00
ATM IV81.7%51.4%166.1%166.1%54.6%
Expected Move20.0%16.1%29.2%20.8%16.1%
HV 20d67.1%57.0%87.3%87.3%60.6%
HV 60d70.2%67.7%72.1%71.4%70.7%
IV Rank28.5%14.8%52.7%52.7%23.6%
IV Percentile17.1%0.8%87.3%87.3%1.6%
Term Structure5.5%-93.8%115.2%43.0%-11.8%
VWIV69.6%53.5%83.5%75.7%53.5%
Skew 25d-6.7%-171.6%111.7%-23.3%8.5%
Skew 10d9.1%-80.1%106.2%-80.1%66.2%
Call IV 25d84.5%54.1%177.8%108.7%70.3%
Put IV 25d77.7%6.3%195.1%85.3%78.8%
Bid-Ask Spread %90.8332.17135.7298.79119.21
Gamma HHI0.290.210.570.210.27
Net GEX551.1K300.7K981.8K681.7K335.7K
Net DEX-33.1M-47.2M-20.2M-43.2M-20.2M
Net VEX-221.6K-244.2K-201.1K-244.2K-201.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.020.460.100.10
Total Volume7,407.6962,38022,61711,8383,023
Total OI251,083.043193,343283,824271,028200,392

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$4.65$4.00166.1%20.8%87.3%52.7%75.7%-23.3%43.0%681.7K-43.2M-244.2K0.1098.79N/AN/A10,7921,046221,83249,196
2021-03-02$4.65$4.0051.4%20.2%75.9%14.8%77.5%-171.6%-90.7%595.8K-38.0M-238.8K0.14113.01N/AN/A4,782646226,41249,959
2021-03-03$4.36$4.00127.4%20.9%67.4%39.9%83.5%-59.0%57.4%588.2K-35.9M-229.9K0.4395.81N/AN/A4,3431,861227,70849,965
2021-03-04$4.22$4.0096.3%18.2%67.6%29.6%81.9%-51.4%-69.5%577.3K-30.8M-217.2K0.12135.72N/AN/A14,6941,813228,47151,123
2021-03-05$4.16$4.0095.9%21.4%66.8%29.5%76.6%111.7%36.4%577.4K-28.1M-217.0K0.2596.19N/AN/A7,4251,823230,31351,108
2021-03-08$4.35$4.00127.8%19.6%67.6%40.1%73.2%30.7%38.3%638.6K-31.1M-217.0K0.03100.55N/AN/A7,718269222,43148,782
2021-03-09$4.54$4.0086.8%22.2%67.5%26.5%78.3%7.6%-9.2%733.1K-36.8M-225.7K0.0897.59N/AN/A7,962646226,76348,873
2021-03-10$4.32$5.0087.6%20.9%67.4%30.6%74.6%-45.3%-26.3%699.4K-32.2M-219.8K0.4697.27N/AN/A3,8851,778229,87548,993
2021-03-11$4.38$5.0069.2%19.5%68.1%23.7%63.8%-11.0%0.5%726.4K-32.9M-217.3K0.1341.70N/AN/A3,662464231,28850,028
2021-03-12$4.44$5.0068.4%18.8%68.3%23.4%70.5%15.6%-7.9%650.2K-33.8M-221.5K0.1396.97N/AN/A4,279537232,36950,254
2021-03-15$4.69$5.0074.3%20.9%71.3%25.6%75.1%-11.5%-10.3%664.9K-43.2M-229.1K0.0366.53N/AN/A22,059558224,62148,530
2021-03-16$4.63$5.0060.6%17.4%71.1%20.4%65.9%-6.2%10.9%596.5K-40.1M-221.9K0.0678.50N/AN/A6,099350230,89848,658
2021-03-17$4.87$5.0067.7%19.4%74.1%23.1%69.6%-4.7%-12.1%981.8K-47.2M-233.0K0.0269.19N/AN/A8,215170232,56248,759
2021-03-18$4.62$4.0070.2%19.7%75.6%24.0%65.7%-8.8%8.6%709.9K-41.4M-218.7K0.1873.69N/AN/A4,478816235,09748,727
2021-03-19$4.80$4.0064.6%18.7%57.0%24.7%61.6%-4.7%-0.1%386.7K-42.5M-230.4K0.3232.17N/AN/A9,6683,045234,92748,889
2021-03-22$4.90$4.0065.2%17.1%57.3%24.9%62.3%3.3%28.9%471.9K-33.1M-231.0K0.0577.34N/AN/A8,437447152,29741,046
2021-03-23$4.65$4.0074.1%29.2%59.6%28.7%68.0%3.6%18.1%402.0K-29.0M-225.6K0.38108.79N/AN/A4,5981,769156,95441,317
2021-03-24$4.43$4.0086.1%24.1%62.0%33.9%74.3%14.6%80.9%327.0K-22.0M-205.6K0.11104.48N/AN/A3,604409158,78742,769
2021-03-25$4.53$4.0065.7%17.5%62.1%25.2%60.2%-5.0%15.8%359.3K-30.3M-222.1K0.2299.18N/AN/A2,346526159,81043,070
2021-03-26$4.47$4.0088.0%19.0%61.9%34.7%64.5%39.0%-93.8%357.0K-24.0M-218.3K0.2593.88N/AN/A2,570641160,41143,358
2021-03-29$4.24$4.0065.5%17.0%63.7%26.8%68.4%-38.6%3.6%300.7K-22.8M-209.5K0.16104.72N/AN/A3,215529155,15242,345
2021-03-30$4.19$4.0066.3%21.2%63.7%29.4%55.8%51.1%115.2%313.9K-21.4M-201.4K0.0787.70N/AN/A2,219161157,08842,703
2021-03-31$4.30$4.0054.6%16.1%60.6%23.6%53.5%8.5%-11.8%335.7K-20.2M-201.1K0.10119.21N/AN/A2,743280157,62742,765