OPK Options History — November 2021

In November 2021, OPK traded between $3.80 and $4.43. ATM implied volatility averaged 106.9%, placing in the 44.4% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded above realized volatility by 55.9% (HV 20d: 51.0%). Max pain ranged from $3.00 to $3.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.73.

Notable Days

  • 2021-11-03: Highest Volume — 33,716 contracts
  • 2021-11-24: Largest IV spike — 114.5% change
  • 2021-11-08: Highest IV Rank — 80.2%
  • 2021-11-01: Largest Expected Move — 30.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.18$3.80$4.43$3.80$4.07
Max Pain$3.26$3.00$3.50$3.50$3.50
ATM IV106.9%59.9%188.0%93.0%118.4%
Expected Move17.6%12.3%30.1%30.1%20.5%
HV 20d51.0%24.5%57.5%24.5%56.5%
HV 60d41.1%33.3%42.6%33.3%41.4%
IV Rank44.4%23.7%80.2%38.3%49.5%
IV Percentile61.7%13.1%97.2%64.3%81.0%
Term Structure14.7%-176.2%194.4%-45.8%177.3%
VWIV61.7%48.8%71.6%69.4%71.6%
Skew 25d-3.9%-229.5%151.7%-18.4%63.8%
Skew 10d-39.1%-266.7%163.6%-232.9%-111.2%
Call IV 25d136.0%58.7%386.0%89.0%88.9%
Put IV 25d132.1%37.7%313.3%70.6%152.7%
Bid-Ask Spread %57.0320.4198.0256.4594.14
Gamma HHI0.240.210.320.270.24
Net GEX456.8K283.0K697.3K283.0K352.9K
Net DEX-20.7M-27.8M-10.6M-10.6M-16.8M
Net VEX-156.2K-170.0K-126.7K-126.7K-159.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.730.345.980.601.83
Total Volume14,788.9526,90833,7169,6248,206
Total OI274,763.714233,354296,757233,354290,065

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$3.80$3.5093.0%30.1%24.5%38.3%69.4%-18.4%-45.8%283.0K-10.6M-126.7K0.6056.45N/AN/A6,0203,604176,04757,307
2021-11-02$4.12$3.5098.5%19.6%36.4%40.7%68.3%32.5%57.5%419.4K-18.1M-140.0K0.3493.29N/AN/A19,2396,529177,79457,529
2021-11-03$4.41$3.50152.0%12.8%42.4%64.3%58.6%122.4%18.6%524.0K-27.8M-158.2K0.4794.83N/AN/A22,96910,747188,56460,930
2021-11-04$4.14$3.00162.4%18.1%49.2%68.9%63.3%-81.2%91.1%519.2K-21.0M-154.2K0.7581.97N/AN/A11,1478,363203,90766,658
2021-11-05$4.03$3.00155.3%18.5%50.2%65.7%67.2%-229.5%-67.6%697.3K-19.9M-170.0K1.0860.30N/AN/A7,9368,596210,23069,744
2021-11-08$4.16$3.00188.0%20.0%51.1%80.2%67.0%-69.6%-38.7%458.8K-21.6M-164.4K1.6178.16N/AN/A5,3198,567204,59669,337
2021-11-09$4.14$3.00133.6%18.2%51.0%56.2%66.6%-106.5%-9.7%445.2K-19.8M-159.0K1.8060.35N/AN/A4,9738,932205,44469,494
2021-11-10$4.11$3.0083.6%15.7%51.2%34.1%55.5%105.2%-41.6%475.6K-20.4M-163.9K3.5933.63N/AN/A2,6399,467205,85370,120
2021-11-11$4.09$3.00105.7%17.1%51.4%43.9%58.1%1.3%-54.2%475.0K-20.5M-159.5K5.9824.15N/AN/A1,4078,413206,49470,745
2021-11-12$4.14$3.00120.7%15.9%51.4%50.5%70.4%-64.2%-77.6%505.0K-22.5M-163.2K3.4570.12N/AN/A1,8456,358206,55870,380
2021-11-15$4.07$3.0062.2%17.8%51.6%24.7%59.7%-1.3%45.6%436.2K-16.8M-144.3K2.3220.41N/AN/A2,6316,105204,67470,027
2021-11-16$4.13$3.0067.3%17.2%51.7%27.0%66.0%-0.3%4.9%517.5K-19.1M-150.8K3.3347.63N/AN/A1,5955,313205,54070,989
2021-11-17$4.43$3.0061.4%17.6%56.3%24.4%61.4%-2.6%-27.8%499.3K-27.7M-155.4K0.8459.34N/AN/A7,7756,518205,53270,791
2021-11-18$4.34$3.5059.9%16.9%57.0%23.7%58.9%-2.6%6.7%457.9K-24.6M-151.4K0.5829.42N/AN/A17,97310,415207,14071,639
2021-11-19$4.32$3.5078.0%16.7%57.1%31.7%55.6%-3.6%95.4%461.4K-26.8M-169.9K1.4233.86N/AN/A7,19010,224219,79476,963
2021-11-22$4.33$3.5061.0%12.3%55.8%24.2%48.8%2.1%139.5%430.2K-21.3M-154.8K0.7650.70N/AN/A7,6665,805208,18274,079
2021-11-23$4.31$3.5065.7%13.5%56.0%26.2%51.7%48.5%40.8%440.0K-22.2M-159.5K0.4922.25N/AN/A11,0355,427209,76474,986
2021-11-24$4.30$3.50140.9%15.5%56.1%59.4%54.5%-82.0%-176.2%469.3K-22.3M-165.5K0.9534.21N/AN/A7,0076,673212,14975,269
2021-11-26$4.18$3.50137.2%18.7%57.5%57.8%64.8%151.7%-24.1%382.8K-19.2M-160.3K2.8254.45N/AN/A2,1746,138212,47075,730
2021-11-29$4.09$3.5099.9%17.1%56.5%41.3%58.2%52.0%194.4%342.4K-15.9M-150.7K1.2798.02N/AN/A5,1176,511211,28775,237
2021-11-30$4.07$3.50118.4%20.5%56.5%49.5%71.6%63.8%177.3%352.9K-16.8M-159.1K1.8394.14N/AN/A2,9015,305214,34275,723