OPK Options History — January 2023

In January 2023, OPK traded between $1.21 and $1.60. ATM implied volatility averaged 105.9%, placing in the 15.6% IV rank vs the trailing year. The 30-day expected move averaged 32.8%. IV traded above realized volatility by 14.6% (HV 20d: 91.3%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.03.

Notable Days

  • 2023-01-13: Highest Volume — 5,956 contracts
  • 2023-01-19: Largest IV spike — 268.2% change
  • 2023-01-19: Highest IV Rank — 65.9%
  • 2023-01-19: Largest Expected Move — 90.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.34$1.21$1.60$1.21$1.29
Max Pain$1.10$1.00$2.00$2.00$1.00
ATM IV105.9%64.2%313.9%95.8%97.2%
Expected Move32.8%17.5%90.0%27.5%27.9%
HV 20d91.3%77.1%104.5%77.1%83.5%
HV 60d78.6%72.8%83.2%72.9%82.4%
IV Rank15.6%5.6%65.9%13.2%13.5%
IV Percentile61.2%13.9%99.2%73.8%75.4%
Term Structure-7.0%-76.4%42.4%-18.1%-18.3%
VWIV127.2%53.9%373.1%93.0%116.1%
Skew 25d28.7%-159.1%313.7%6.9%-14.6%
Skew 10d60.5%-37.1%394.2%110.3%-18.5%
Call IV 25d92.1%62.8%236.7%92.4%101.4%
Put IV 25d120.8%75.0%392.0%99.3%86.8%
Bid-Ask Spread %64.6421.91104.48104.4821.91
Gamma HHI0.200.140.380.380.14
Net GEX7.2K2.2K16.5K4.2K6.1K
Net DEX227.0K-1.2M1.9M1.9M-134.1K
Net VEX-14.7K-18.6K-532-532-15.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.030.000.110.030.04
Total Volume730.85515,956186243
Total OI71,238.8538,76492,85085,87939,654

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$1.21$2.0095.8%27.5%77.1%13.2%93.0%6.9%-18.1%4.2K1.9M-5320.03104.48N/AN/A180668,38817,491
2023-01-04$1.27$2.0077.0%22.1%78.7%8.6%83.4%-5.0%-7.1%4.7K598.7K-14.0K0.0064.28N/AN/A520268,37917,496
2023-01-05$1.23$1.00107.3%19.4%79.3%16.0%0.0%-20.2%37.4%5.1K611.7K-13.1K0.0021.94N/AN/A469068,85617,497
2023-01-06$1.27$1.0081.8%60.5%80.1%9.8%0.0%25.6%20.2%5.2K599.1K-14.1K0.0595.00N/AN/A2271169,30217,492
2023-01-09$1.23$1.0095.8%17.5%80.7%13.2%53.9%-18.8%42.4%5.2K436.9K-13.9K0.1154.64N/AN/A46569,51317,494
2023-01-10$1.25$1.00116.1%67.1%81.0%18.1%0.0%15.5%-22.0%5.5K516.5K-14.0K0.0088.83N/AN/A160069,53817,495
2023-01-11$1.29$1.00221.9%63.6%81.7%43.7%298.7%165.5%26.3%2.2K522.6K-14.1K0.01100.31N/AN/A363369,64417,495
2023-01-12$1.31$1.0064.2%18.4%81.9%5.6%72.2%40.5%0.4%6.7K380.9K-14.6K0.0122.32N/AN/A110169,86317,496
2023-01-13$1.56$1.0077.0%22.1%102.4%8.7%114.1%87.4%16.0%13.2K-1.2M-15.8K0.0166.62N/AN/A5,8787869,96117,496
2023-01-17$1.58$1.0067.3%19.3%101.3%6.3%61.9%76.2%14.8%15.5K124.0K-18.6K0.0165.39N/AN/A1,482973,88117,552
2023-01-18$1.60$1.0085.2%24.4%101.2%10.6%97.2%77.5%-20.7%16.5K189.2K-18.6K0.0063.96N/AN/A1,535674,96617,563
2023-01-19$1.48$1.00313.9%90.0%100.5%65.9%373.1%313.7%-52.9%14.4K-144.9K-18.6K0.1058.18N/AN/A1461475,20717,567
2023-01-20$1.46$1.00119.9%34.4%100.6%19.0%163.7%-159.1%-76.4%6.9K288.1K-18.0K0.0268.20N/AN/A398775,33917,511
2023-01-23$1.42$1.0084.8%24.3%101.0%10.5%83.7%5.5%-31.3%5.7K-63.0K-16.2K0.0672.26N/AN/A3572025,44813,316
2023-01-24$1.33$1.0088.5%25.4%104.5%11.4%106.5%-8.8%-27.6%6.1K-158.7K-16.3K0.0428.40N/AN/A128525,62313,324
2023-01-25$1.29$1.0083.5%23.9%104.3%10.2%99.2%33.0%-7.7%5.4K17.2K-15.2K0.0051.05N/AN/A587125,69113,326
2023-01-26$1.25$1.0078.2%22.4%102.0%8.9%91.7%-22.1%-14.1%4.4K208.2K-13.8K0.0195.87N/AN/A774525,82913,326
2023-01-27$1.27$1.0076.8%22.0%101.5%8.6%0.0%-3.8%19.7%5.3K-75.0K-15.2K0.0364.03N/AN/A6812125,90913,330
2023-01-30$1.25$1.0086.5%24.8%82.8%10.9%0.0%-20.3%-20.6%5.5K-80.1K-14.9K0.0185.01N/AN/A138126,16713,352
2023-01-31$1.29$1.0097.2%27.9%83.5%13.5%116.1%-14.6%-18.3%6.1K-134.1K-15.4K0.0421.91N/AN/A2331026,30113,353