OPK Options History — February 2023

In February 2023, OPK traded between $1.04 and $1.42. ATM implied volatility averaged 127.9%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 34.8%. IV traded above realized volatility by 54.9% (HV 20d: 73.1%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.21.

Notable Days

  • 2023-02-01: Highest Volume — 7,073 contracts
  • 2023-02-28: Largest IV drop — 43.1% change
  • 2023-02-27: Highest IV Rank — 28.8%
  • 2023-02-27: Largest Expected Move — 46.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.23$1.04$1.42$1.42$1.13
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV127.9%91.2%160.3%106.2%91.2%
Expected Move34.8%22.8%46.0%30.4%26.2%
HV 20d73.1%55.9%90.0%89.5%71.6%
HV 60d76.9%73.4%84.6%84.5%76.3%
IV Rank21.0%12.1%28.8%15.7%12.1%
IV Percentile85.9%63.5%92.5%81.3%63.5%
Term Structure-40.9%-108.5%-6.5%-9.4%-17.4%
VWIV121.0%74.2%160.0%116.9%143.8%
Skew 25d13.2%-39.8%89.3%-39.8%-31.6%
Skew 10d44.3%-178.4%143.6%-72.9%53.7%
Call IV 25d101.4%72.4%172.4%172.4%89.9%
Put IV 25d114.6%58.3%185.0%132.6%58.3%
Bid-Ask Spread %58.1828.27103.6528.2781.62
Gamma HHI0.310.150.480.150.43
Net GEX12.0K5.8K16.0K5.8K16.0K
Net DEX-648.5K-1.1M31.6K31.6K-552.5K
Net VEX-15.0K-18.2K-10.6K-16.1K-14.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.002.300.000.11
Total Volume782.632637,0737,07363
Total OI47,527.26339,98149,88339,98149,883

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$1.42$1.00106.2%30.4%89.5%15.7%116.9%-39.8%-9.4%5.8K31.6K-16.1K0.0028.27N/AN/A7,069426,61813,363
2023-02-02$1.42$1.00109.7%28.5%88.3%16.6%74.2%10.0%-12.6%12.3K-1.0M-18.2K0.0034.41N/AN/A691233,12713,366
2023-02-03$1.40$1.00150.9%32.7%87.5%26.5%113.9%17.0%-19.4%12.3K-1.1M-18.1K0.0130.61N/AN/A409333,48013,367
2023-02-06$1.33$1.00148.1%22.8%89.2%25.8%125.1%-10.0%-14.8%10.6K-682.1K-15.2K0.01103.65N/AN/A380233,63313,370
2023-02-07$1.35$1.00111.3%30.1%88.4%16.9%110.8%-25.1%-10.7%12.1K-652.7K-15.7K0.0354.42N/AN/A93333,98013,372
2023-02-08$1.29$1.00112.8%32.3%90.0%17.3%115.6%50.9%-14.2%10.6K-716.8K-12.6K0.0234.07N/AN/A136334,03113,375
2023-02-09$1.25$1.00126.8%36.3%90.0%20.7%117.4%-8.6%-81.3%11.8K-666.5K-15.9K0.9358.61N/AN/A12711834,10213,378
2023-02-10$1.25$1.00148.2%42.5%89.8%25.9%119.0%51.0%-44.2%11.6K-667.5K-15.7K0.0751.60N/AN/A1761234,13313,405
2023-02-13$1.23$1.00143.5%41.1%60.8%24.7%146.0%-3.0%-88.0%11.8K-712.3K-15.7K0.0735.32N/AN/A3302434,27013,406
2023-02-14$1.19$1.00142.4%40.8%60.5%24.5%89.7%16.2%-108.5%10.5K-534.8K-14.1K0.0037.72N/AN/A1,022234,34513,428
2023-02-15$1.21$1.0094.4%27.1%60.7%12.9%114.4%-27.5%-8.1%13.9K-1.1M-16.6K0.0336.49N/AN/A179535,10613,427
2023-02-16$1.19$1.00120.7%34.6%55.9%19.2%160.0%-29.6%0.0%12.1K-580.1K-14.7K0.1066.08N/AN/A2922935,15413,428
2023-02-17$1.17$1.00128.4%36.8%55.9%21.1%129.4%56.0%-6.5%12.1K-691.8K-15.2K0.0447.31N/AN/A2881135,17313,432
2023-02-21$1.10$1.00138.9%39.8%58.5%23.6%124.0%60.1%-26.1%12.5K-464.7K-13.7K0.0268.42N/AN/A5401334,31413,347
2023-02-22$1.06$1.00131.3%37.6%55.9%21.8%105.4%33.0%-58.3%12.8K-319.2K-13.2K0.0585.29N/AN/A179934,69013,362
2023-02-23$1.12$1.00149.6%42.9%60.1%26.2%157.5%4.8%-33.2%13.2K-923.5K-15.7K0.0595.70N/AN/A6423334,78513,369
2023-02-24$1.04$1.00115.6%33.1%64.2%18.0%115.1%37.7%-92.2%12.5K-366.2K-10.6K0.1456.11N/AN/A1,08114735,29513,398
2023-02-27$1.13$1.00160.3%46.0%71.6%28.8%143.8%89.3%-91.4%14.1K-687.4K-15.0K2.3099.78N/AN/A22852535,80213,504
2023-02-28$1.13$1.0091.2%26.2%71.6%12.1%0.0%-31.6%-17.4%16.0K-552.5K-14.1K0.1181.62N/AN/A57635,86714,016