OPK Options History — August 2021

In August 2021, OPK traded between $3.50 and $3.85. ATM implied volatility averaged 65.3%, placing in the 26.1% IV rank vs the trailing year. The 30-day expected move averaged 17.3%. IV traded above realized volatility by 15.0% (HV 20d: 50.3%). 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 14 of 22 days. Put/call ratio averaged 0.24.

Notable Days

  • 2021-08-23: Highest Volume — 7,496 contracts
  • 2021-08-12: Largest IV spike — 254.6% change
  • 2021-08-19: Highest IV Rank — 55.1%
  • 2021-08-19: Largest Expected Move — 37.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.71$3.50$3.85$3.52$3.83
Max Pain$3.86$3.00$4.00$3.00$4.00
ATM IV65.3%22.3%131.1%67.6%46.3%
Expected Move17.3%12.6%37.6%15.2%12.6%
HV 20d50.3%34.7%57.8%56.3%34.7%
HV 60d49.0%45.4%53.8%53.8%45.4%
IV Rank26.1%7.1%55.1%27.1%17.7%
IV Percentile20.1%0.8%89.7%17.1%2.8%
Term Structure9.6%-63.4%117.0%111.9%-4.9%
VWIV59.0%50.7%90.2%51.7%50.7%
Skew 25d2.9%-83.4%51.1%26.4%-83.4%
Skew 10d5.2%-43.8%112.4%16.3%-43.6%
Call IV 25d61.7%37.2%104.3%37.2%104.3%
Put IV 25d64.5%5.9%122.7%63.5%20.9%
Bid-Ask Spread %83.8840.81137.35113.1140.81
Gamma HHI0.300.240.350.240.34
Net GEX353.6K251.9K457.6K272.2K457.6K
Net DEX-13.6M-17.2M-10.1M-12.0M-17.2M
Net VEX-157.7K-169.9K-141.6K-160.3K-166.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.041.110.040.05
Total Volume2,249.8189117,4964,2041,600
Total OI233,642.455228,707237,735228,707233,824

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$3.52$3.0067.6%15.2%56.3%27.1%51.7%26.4%111.9%272.2K-12.0M-160.3K0.04113.11N/AN/A4,050154179,15449,553
2021-08-03$3.58$3.0063.1%14.8%56.6%25.1%52.2%9.2%25.3%308.8K-13.0M-169.9K0.09107.13N/AN/A1,947177179,73749,851
2021-08-04$3.61$3.0056.9%16.2%56.4%22.4%61.1%3.1%-63.4%322.8K-13.3M-159.4K0.0597.92N/AN/A92049182,47050,694
2021-08-05$3.74$4.0056.8%14.9%57.8%22.3%55.6%-64.2%-42.8%371.8K-15.1M-169.2K0.0657.95N/AN/A1,974126183,71450,760
2021-08-06$3.82$4.0083.6%14.7%57.2%34.1%52.3%-8.5%39.0%407.3K-15.7M-163.9K0.0856.27N/AN/A2,732214183,79550,781
2021-08-09$3.74$4.0036.8%15.8%52.9%13.5%58.9%-12.0%4.7%384.8K-14.1M-163.3K0.1653.84N/AN/A1,536253181,83550,281
2021-08-10$3.71$4.0057.3%17.9%52.2%22.6%64.9%-10.2%6.8%363.0K-15.4M-168.4K0.0893.79N/AN/A84269183,19350,477
2021-08-11$3.73$4.0022.3%16.1%50.2%7.1%52.7%11.3%32.9%383.6K-14.0M-161.1K0.0589.68N/AN/A1,88887183,60350,629
2021-08-12$3.74$4.0079.1%16.7%50.1%32.2%58.3%8.7%-27.1%361.1K-13.3M-153.3K0.2471.62N/AN/A1,144274183,82850,680
2021-08-13$3.72$4.0084.0%17.0%49.7%34.3%62.7%51.1%-2.5%343.4K-12.3M-153.0K0.1378.01N/AN/A1,193152184,86450,725
2021-08-16$3.67$4.0059.7%16.6%49.9%23.6%57.9%3.7%12.3%332.2K-11.4M-150.5K0.2776.28N/AN/A1,279344183,03850,466
2021-08-17$3.69$4.0064.2%17.6%49.4%25.6%67.9%-7.7%-4.8%330.9K-13.5M-158.5K0.3193.31N/AN/A1,324413183,51250,567
2021-08-18$3.58$4.0065.2%18.7%49.8%26.0%64.0%-27.5%117.0%279.1K-10.1M-144.3K1.1181.49N/AN/A1,2361,376184,16250,709
2021-08-19$3.50$4.00131.1%37.6%50.2%55.1%69.2%-12.3%-47.9%251.9K-10.3M-141.6K0.29137.35N/AN/A1,381399184,60151,090
2021-08-20$3.65$4.0051.9%16.6%52.6%20.2%53.9%2.0%21.1%293.2K-12.3M-153.7K0.1276.06N/AN/A1,691196185,31152,424
2021-08-23$3.85$4.0053.8%15.2%55.0%21.0%53.4%49.0%21.2%390.5K-15.4M-162.0K0.3489.38N/AN/A5,5871,909178,85152,246
2021-08-24$3.80$4.0080.0%15.4%55.2%32.6%53.6%32.6%-37.1%370.3K-13.5M-153.6K0.2988.47N/AN/A1,790512179,44152,298
2021-08-25$3.79$4.0056.4%15.6%50.2%22.2%57.1%39.0%7.1%421.6K-14.1M-151.9K0.0998.78N/AN/A2,800265182,51351,731
2021-08-26$3.76$4.0075.6%17.4%48.4%30.6%56.7%-9.0%29.6%391.3K-14.2M-156.3K0.3556.34N/AN/A881309183,05951,688
2021-08-27$3.84$4.0058.3%15.2%36.2%23.0%52.9%37.9%12.6%408.7K-14.8M-156.0K0.5672.28N/AN/A1,383779184,03751,585
2021-08-30$3.83$4.0085.5%23.2%35.0%35.0%90.2%24.3%1.4%332.6K-15.1M-152.5K0.44115.47N/AN/A1,566695181,94050,417
2021-08-31$3.83$4.0046.3%12.6%34.7%17.7%50.7%-83.4%-4.9%457.6K-17.2M-166.4K0.0540.81N/AN/A1,52575182,78251,042