OPK Options History — May 2022

In May 2022, OPK traded between $2.50 and $3.21. ATM implied volatility averaged 89.5%, placing in the 27.6% IV rank vs the trailing year. The 30-day expected move averaged 22.5%. IV traded above realized volatility by 5.5% (HV 20d: 84.0%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.98.

Notable Days

  • 2022-05-10: Highest Volume — 10,761 contracts
  • 2022-05-16: Largest IV drop — 28.8% change
  • 2022-05-03: Highest IV Rank — 36.5%
  • 2022-05-09: Largest Expected Move — 28.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.93$2.50$3.21$2.77$3.02
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV89.5%67.3%116.6%112.9%71.5%
Expected Move22.5%19.5%28.8%27.0%20.7%
HV 20d84.0%47.3%98.1%47.3%98.1%
HV 60d65.4%51.5%71.1%51.5%71.1%
IV Rank27.6%20.2%36.5%35.3%21.6%
IV Percentile52.8%21.8%78.6%77.4%29.8%
Term Structure-4.8%-43.1%26.1%0.9%-8.4%
VWIV83.7%69.9%104.3%100.7%78.1%
Skew 25d-3.0%-194.8%63.0%24.8%11.8%
Skew 10d-26.5%-324.4%102.9%-324.4%28.9%
Call IV 25d107.8%52.5%456.7%92.4%66.1%
Put IV 25d104.8%56.9%261.9%117.2%78.0%
Bid-Ask Spread %80.6259.5898.1479.0382.83
Gamma HHI0.250.210.300.260.28
Net GEX146.5K72.9K210.7K87.3K187.3K
Net DEX-1.3M-3.9M1.7M135.2K-1.5M
Net VEX-91.9K-98.7K-78.8K-89.9K-89.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.980.603.510.603.51
Total Volume6,200.7144,72310,7617,6444,875
Total OI166,833.429160,084169,706160,084165,154

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$2.77$3.00112.9%27.0%47.3%35.3%100.7%24.8%0.9%87.3K135.2K-89.9K0.6079.03N/AN/A4,7842,860106,54453,540
2022-05-03$2.88$3.00116.6%26.3%48.7%36.5%92.6%-194.8%1.4%118.2K-1.4M-95.7K1.0080.39N/AN/A3,8913,877108,73253,624
2022-05-04$3.02$3.00106.0%25.7%52.6%33.0%89.3%45.9%-18.6%140.3K-1.7M-95.8K1.6894.36N/AN/A2,3093,878110,38254,655
2022-05-05$2.71$3.0098.0%25.1%63.5%30.4%103.1%-8.6%10.7%93.9K394.1K-88.2K3.2094.30N/AN/A1,2023,845110,65254,658
2022-05-06$2.63$3.00114.2%24.5%63.8%35.7%85.6%-5.6%-13.9%79.9K1.7M-82.7K1.2980.33N/AN/A2,1742,798110,95554,671
2022-05-09$2.50$3.00112.7%28.8%65.1%35.2%104.3%32.0%5.8%72.9K1.5M-78.8K1.1785.47N/AN/A3,4894,072109,80954,158
2022-05-10$2.94$3.00101.6%21.5%89.8%31.6%77.2%18.3%-29.3%141.0K-1.6M-95.9K0.8674.03N/AN/A5,7774,984111,83355,067
2022-05-11$2.72$3.00107.6%21.1%91.5%33.5%77.0%30.8%-43.1%111.1K74.6K-90.8K1.4963.13N/AN/A3,2904,901113,02056,164
2022-05-12$2.78$3.0089.0%23.7%91.3%27.4%89.6%63.0%-6.2%117.6K77.5K-89.2K1.3176.16N/AN/A2,7163,569113,41056,175
2022-05-13$2.99$3.00102.8%21.4%95.3%32.0%79.5%38.0%-42.7%167.6K-2.5M-98.1K1.0274.42N/AN/A3,5203,602113,38556,135
2022-05-16$2.99$3.0073.1%20.3%93.1%22.2%76.0%10.1%-0.9%159.4K-1.8M-95.8K2.2685.03N/AN/A1,6463,727112,54555,847
2022-05-17$3.08$3.0076.7%21.2%93.7%23.3%71.4%-14.2%-2.2%179.8K-2.9M-98.7K1.6876.06N/AN/A2,2143,718112,72456,036
2022-05-18$2.87$3.0069.1%19.8%96.8%20.8%73.2%-8.7%11.6%134.4K190.1K-86.7K1.4474.82N/AN/A2,6233,784112,39356,142
2022-05-19$3.02$3.0079.3%22.3%97.2%24.2%78.4%14.6%-1.7%164.3K-2.0M-93.3K2.4475.99N/AN/A1,5283,731113,53156,143
2022-05-20$3.10$3.0073.9%22.3%96.8%22.4%85.7%-9.4%-19.1%172.2K-2.6M-94.2K1.8385.72N/AN/A2,0083,676113,60756,099
2022-05-23$3.10$3.0070.9%19.9%96.8%21.4%69.9%3.8%12.4%188.8K-3.3M-95.8K2.4159.58N/AN/A1,5983,854111,13755,706
2022-05-24$3.07$3.0067.3%19.5%95.3%20.2%84.0%-24.3%14.1%189.1K-2.3M-93.2K3.2798.14N/AN/A1,1733,832111,26155,907
2022-05-25$3.00$3.0080.2%21.5%95.5%24.5%89.7%-35.1%4.3%171.8K-1.6M-88.7K3.4283.57N/AN/A1,0723,661111,24555,905
2022-05-26$3.09$3.0082.5%20.2%95.8%25.2%79.3%-80.2%-2.1%187.9K-2.9M-95.2K3.5087.12N/AN/A1,0493,674111,35655,908
2022-05-27$3.21$3.0073.2%20.4%95.1%22.2%73.1%25.6%26.1%210.7K-3.9M-93.2K2.2282.55N/AN/A1,6273,607111,36955,918
2022-05-31$3.02$3.0071.5%20.7%98.1%21.6%78.1%11.8%-8.4%187.3K-1.5M-89.1K3.5182.83N/AN/A1,0813,794109,45855,696