OPK Options History — May 2023

In May 2023, OPK traded between $1.40 and $1.87. ATM implied volatility averaged 99.3%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 28.9%. IV traded above realized volatility by 27.9% (HV 20d: 71.4%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.13.

Notable Days

  • 2023-05-05: Highest Volume — 3,556 contracts
  • 2023-05-09: Largest IV spike — 69.6% change
  • 2023-05-26: Highest IV Rank — 29.8%
  • 2023-05-26: Largest Expected Move — 47.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.61$1.40$1.87$1.50$1.40
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV99.3%62.1%164.7%114.3%110.5%
Expected Move28.9%19.3%47.2%32.8%31.7%
HV 20d71.4%62.8%76.9%64.0%71.0%
HV 60d64.8%62.3%67.2%62.3%64.2%
IV Rank14.0%5.0%29.8%17.7%16.7%
IV Percentile56.9%8.3%92.9%74.6%72.6%
Term Structure-18.5%-155.9%47.9%27.9%11.6%
VWIV108.9%67.2%174.3%130.2%124.8%
Skew 25d-16.2%-173.9%18.0%-6.3%-34.5%
Skew 10d-17.9%-223.0%33.8%2.8%-73.2%
Call IV 25d115.4%69.3%286.0%96.0%176.6%
Put IV 25d99.2%67.2%195.2%89.7%142.1%
Bid-Ask Spread %41.5615.6669.0968.7618.48
Gamma HHI0.280.230.390.240.23
Net GEX31.3K13.8K44.7K30.6K13.8K
Net DEX-4.1M-6.0M-2.3M-3.8M-2.4M
Net VEX-23.4K-29.1K-17.6K-23.7K-17.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.130.000.550.010.46
Total Volume563.5563,556325105
Total OI73,977.77371,18376,38071,79373,363

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$1.50$1.00114.3%32.8%64.0%17.7%130.2%-6.3%27.9%30.6K-3.8M-23.7K0.0168.76N/AN/A322357,80413,989
2023-05-02$1.46$1.00125.8%36.1%63.0%20.5%154.2%-11.6%-27.0%29.3K-3.4M-22.8K0.0167.25N/AN/A473757,99013,990
2023-05-03$1.54$1.0089.4%25.6%62.8%11.7%174.3%-24.7%47.9%34.5K-4.0M-23.8K0.0069.09N/AN/A303158,10913,993
2023-05-04$1.67$1.0070.9%30.3%68.5%7.2%95.7%2.8%-8.1%27.2K-4.8M-24.2K0.1351.58N/AN/A81010558,30213,999
2023-05-05$1.83$1.0097.6%27.8%74.3%13.6%92.6%18.0%-21.3%35.5K-5.5M-26.5K0.0156.18N/AN/A3,5213558,59014,105
2023-05-08$1.87$1.0062.1%24.8%74.2%5.0%86.4%12.4%-9.6%41.2K-6.0M-28.1K0.0432.33N/AN/A1,5866060,29814,121
2023-05-09$1.85$1.00105.3%22.2%74.5%15.5%84.5%15.7%-3.8%40.3K-5.9M-29.1K0.1146.27N/AN/A1932161,13614,172
2023-05-10$1.83$1.0068.1%19.5%74.8%6.5%67.2%7.5%3.9%44.7K-5.5M-27.0K0.0461.58N/AN/A5792561,22814,190
2023-05-11$1.77$1.0083.6%24.0%75.5%10.2%84.3%10.4%-20.6%43.4K-5.6M-27.2K0.0725.35N/AN/A134961,60714,201
2023-05-12$1.71$1.00102.6%29.4%76.9%14.8%99.2%13.1%-21.8%33.9K-5.1M-26.0K0.1247.98N/AN/A6057361,69414,209
2023-05-15$1.73$1.0094.0%26.9%75.1%12.8%95.2%0.6%-20.3%40.5K-5.1M-26.2K0.1038.30N/AN/A1681761,73114,281
2023-05-16$1.63$1.0083.7%24.0%75.7%10.3%84.1%-5.5%-16.9%37.9K-4.5M-24.6K0.3250.88N/AN/A2417661,81414,286
2023-05-17$1.63$1.0091.9%26.3%75.3%12.2%70.9%-6.4%-20.4%37.5K-4.5M-24.6K0.0435.28N/AN/A198761,89914,330
2023-05-18$1.56$1.0086.0%24.7%76.9%10.8%94.5%-30.9%32.4%35.4K-4.0M-22.7K0.5517.44N/AN/A844661,97514,331
2023-05-19$1.56$1.00103.4%29.7%67.7%15.0%110.2%-18.1%-26.7%35.6K-3.5M-21.3K0.0426.13N/AN/A2591162,01014,370
2023-05-22$1.50$1.0096.8%27.8%67.6%13.4%109.8%-29.8%-27.9%16.5K-2.8M-20.1K0.4626.20N/AN/A28313057,44213,741
2023-05-23$1.58$1.0067.3%19.3%66.3%6.3%167.2%17.9%-7.6%37.0K-3.3M-23.5K0.0120.67N/AN/A834757,73313,963
2023-05-24$1.50$1.00101.0%28.9%69.5%14.4%114.6%-173.9%-52.6%14.5K-2.8M-18.9K0.2249.32N/AN/A461058,75513,968
2023-05-25$1.40$1.00159.5%45.7%73.4%28.6%0.0%-14.9%-155.9%30.7K-2.5M-20.7K0.0115.66N/AN/A292259,26813,978
2023-05-26$1.40$1.00164.7%47.2%73.2%29.8%125.0%11.3%-54.2%14.1K-2.3M-17.7K0.0146.89N/AN/A513759,21113,980
2023-05-30$1.40$1.00107.1%30.7%71.5%15.9%122.8%-110.3%-36.2%14.6K-2.4M-18.0K0.0142.66N/AN/A194259,37013,985
2023-05-31$1.40$1.00110.5%31.7%71.0%16.7%124.8%-34.5%11.6%13.8K-2.4M-17.6K0.4618.48N/AN/A723359,42813,935