OPK Options History — April 2023

In April 2023, OPK traded between $1.37 and $1.56. ATM implied volatility averaged 110.5%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 31.3%. IV traded above realized volatility by 56.7% (HV 20d: 53.8%). 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 11 of 19 days. Put/call ratio averaged 0.20.

Notable Days

  • 2023-04-04: Highest Volume — 6,220 contracts
  • 2023-04-04: Largest IV spike — 44.7% change
  • 2023-04-04: Highest IV Rank — 24.5%
  • 2023-04-10: Largest Expected Move — 47.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.46$1.37$1.56$1.52$1.44
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV110.5%82.0%142.4%98.4%127.9%
Expected Move31.3%23.5%47.8%28.2%36.7%
HV 20d53.8%45.3%64.6%57.1%64.1%
HV 60d65.5%60.3%72.0%71.3%61.7%
IV Rank16.7%9.8%24.5%13.8%21.0%
IV Percentile70.3%43.3%87.7%65.5%82.9%
Term Structure0.4%-90.3%51.5%31.0%-32.3%
VWIV118.5%75.9%182.8%84.6%166.8%
Skew 25d12.7%-89.4%72.1%-48.6%9.9%
Skew 10d20.7%-88.6%74.8%-61.9%11.4%
Call IV 25d99.4%54.6%185.0%148.9%119.7%
Put IV 25d112.2%64.0%140.5%100.3%129.6%
Bid-Ask Spread %56.7310.1595.8236.9067.33
Gamma HHI0.260.210.300.220.24
Net GEX24.6K11.4K36.0K17.3K11.4K
Net DEX-3.0M-3.8M-1.9M-1.9M-3.6M
Net VEX-22.0K-24.5K-19.4K-20.4K-19.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.001.900.001.90
Total Volume1,348.579276,2204,016313
Total OI66,358.63252,73672,39752,73671,557

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$1.52$1.0098.4%28.2%57.1%13.8%84.6%-48.6%31.0%17.3K-1.9M-20.4K0.0036.90N/AN/A4,010638,99913,737
2023-04-04$1.44$1.00142.4%40.8%56.9%24.5%180.4%-89.4%-47.1%18.6K-1.9M-20.4K0.0045.64N/AN/A6,211941,89413,741
2023-04-05$1.46$1.00113.9%32.6%54.0%17.6%127.2%40.5%1.7%22.4K-2.5M-21.2K0.0059.62N/AN/A1,881046,83013,748
2023-04-06$1.44$1.00104.7%25.1%47.5%15.4%114.2%-48.7%2.6%23.1K-2.5M-22.1K0.0038.86N/AN/A27048,65513,748
2023-04-10$1.48$1.00131.7%47.8%47.9%21.9%75.9%38.0%-48.8%25.1K-2.6M-22.3K0.0193.69N/AN/A300248,67813,748
2023-04-11$1.48$1.00138.1%26.5%47.9%23.4%87.0%30.4%30.8%25.2K-2.6M-22.0K0.0359.70N/AN/A3631048,91813,748
2023-04-12$1.48$1.00104.1%29.9%45.8%15.2%114.5%-2.6%44.6%23.5K-2.7M-22.3K0.0095.82N/AN/A2,220049,16313,755
2023-04-13$1.54$1.00105.1%30.1%46.6%15.4%88.0%36.9%17.8%27.4K-3.1M-23.0K0.0079.32N/AN/A3,008251,20013,755
2023-04-14$1.56$1.0095.6%27.4%45.3%13.1%116.3%61.8%45.5%36.0K-3.8M-24.3K0.0784.92N/AN/A2031553,85713,757
2023-04-17$1.50$1.00120.2%34.5%45.6%19.1%121.1%72.1%-6.0%29.4K-3.3M-24.5K0.0057.05N/AN/A2,887253,89313,770
2023-04-18$1.42$1.00126.2%36.2%50.0%20.5%182.8%33.0%-57.7%29.2K-3.0M-23.2K0.1755.50N/AN/A1262256,50813,769
2023-04-19$1.40$1.0093.0%26.7%50.1%12.5%93.4%27.8%35.3%29.6K-2.9M-22.1K0.0043.65N/AN/A2,114956,45213,795
2023-04-20$1.37$1.0087.1%25.0%50.5%11.1%88.1%23.1%-18.5%30.3K-3.2M-21.7K0.2873.97N/AN/A712058,55713,794
2023-04-21$1.52$1.0082.0%23.5%59.1%9.8%110.4%16.4%51.5%11.6K-3.7M-20.7K0.1158.25N/AN/A4585158,58913,808
2023-04-24$1.46$1.0091.1%26.1%61.5%12.1%132.3%32.9%45.6%31.1K-3.5M-23.3K0.0328.50N/AN/A4211457,04413,548
2023-04-25$1.38$1.00118.3%33.9%64.6%18.6%161.4%18.7%-28.5%31.4K-3.0M-22.2K0.4472.03N/AN/A26511657,42513,560
2023-04-26$1.38$1.0095.5%27.4%63.3%13.1%114.2%1.4%29.7%14.1K-3.3M-19.4K0.3216.94N/AN/A31710057,60513,678
2023-04-27$1.42$1.00123.9%35.5%63.9%20.0%92.8%-11.6%-90.3%31.2K-3.4M-22.9K0.4710.15N/AN/A341657,75313,778
2023-04-28$1.44$1.00127.9%36.7%64.1%21.0%166.8%9.9%-32.3%11.4K-3.6M-19.9K1.9067.33N/AN/A10820557,77013,787