OPK Options History — July 2023

In July 2023, OPK traded between $1.77 and $2.17. ATM implied volatility averaged 74.2%, placing in the 8.0% IV rank vs the trailing year. The 30-day expected move averaged 20.9%. IV traded above realized volatility by 4.7% (HV 20d: 69.6%). 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 9 of 20 days. Put/call ratio averaged 0.04.

Notable Days

  • 2023-07-24: Highest Volume — 1,312 contracts
  • 2023-07-10: Largest IV spike — 45.5% change
  • 2023-07-10: Highest IV Rank — 13.9%
  • 2023-07-28: Largest Expected Move — 27.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.02$1.77$2.17$2.13$1.87
Max Pain$1.65$1.00$2.00$1.00$1.00
ATM IV74.2%52.3%98.8%52.3%83.0%
Expected Move20.9%15.0%27.2%15.0%23.8%
HV 20d69.6%50.9%80.4%67.3%50.9%
HV 60d65.6%61.4%67.5%67.1%64.6%
IV Rank8.0%2.7%13.9%2.7%10.1%
IV Percentile31.3%4.4%63.1%4.4%46.0%
Term Structure0.9%-22.2%37.6%37.6%-6.7%
VWIV70.8%34.7%94.6%34.7%84.4%
Skew 25d19.2%3.7%28.7%28.7%24.5%
Skew 10d33.8%10.7%54.7%54.7%36.0%
Call IV 25d67.4%56.1%90.9%56.7%84.4%
Put IV 25d86.6%77.1%108.9%85.4%108.9%
Bid-Ask Spread %27.0613.9138.4625.0833.89
Gamma HHI0.340.310.380.310.36
Net GEX59.8K48.3K71.6K59.7K55.0K
Net DEX-4.6M-5.9M-2.6M-5.4M-3.3M
Net VEX-29.0K-31.0K-25.2K-30.9K-26.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.040.000.200.010.02
Total Volume471.451251,312459355
Total OI67,541.564,92368,83867,36866,402

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$2.13$1.0052.3%15.0%67.3%2.7%34.7%28.7%37.6%59.7K-5.4M-30.9K0.0125.08N/AN/A456353,54113,827
2023-07-05$2.12$1.0062.7%18.0%67.9%5.2%58.3%18.8%-6.0%60.5K-5.3M-31.0K0.0624.95N/AN/A4893053,82013,830
2023-07-06$2.06$2.0065.5%20.3%69.4%5.9%70.7%15.5%6.1%59.4K-5.0M-30.4K0.1723.16N/AN/A3806454,06113,843
2023-07-07$2.05$2.0068.0%22.1%69.1%6.5%60.2%17.1%0.7%59.3K-4.9M-30.9K0.0228.00N/AN/A345654,01913,898
2023-07-10$2.12$2.0098.8%22.1%69.5%13.9%75.5%18.8%-0.4%60.4K-5.3M-30.9K0.0322.27N/AN/A4621354,31413,901
2023-07-11$2.13$2.0092.9%21.2%68.1%12.5%74.7%14.8%5.9%63.5K-5.5M-30.8K0.0238.46N/AN/A307554,43613,915
2023-07-12$2.16$2.0067.7%19.4%67.2%6.4%66.5%14.6%14.2%64.1K-5.6M-30.6K0.0736.24N/AN/A117854,47713,917
2023-07-13$2.08$2.0078.3%22.5%69.8%9.0%77.7%23.9%-6.0%63.8K-5.0M-30.3K0.0526.63N/AN/A2781454,55613,917
2023-07-14$2.08$2.0073.8%21.2%69.2%7.9%73.9%23.8%-1.8%66.6K-4.9M-29.6K0.0236.42N/AN/A124354,64213,917
2023-07-17$2.10$2.0063.0%18.1%68.4%5.3%65.3%17.1%5.0%71.6K-5.1M-29.4K0.0337.22N/AN/A3411154,72613,919
2023-07-18$2.16$2.0071.6%20.5%68.1%7.4%71.9%22.1%-5.9%67.0K-5.9M-29.7K0.0028.00N/AN/A449254,74913,930
2023-07-19$2.17$2.0080.0%22.9%66.5%9.4%79.6%26.5%-12.2%68.2K-5.8M-30.8K0.0231.76N/AN/A442854,73713,944
2023-07-20$2.12$2.0070.7%20.3%67.6%7.1%71.3%20.9%-4.3%69.9K-5.4M-29.0K0.0132.16N/AN/A170254,87713,961
2023-07-21$2.04$2.0073.0%20.9%68.3%7.7%73.6%22.5%-0.7%57.7K-4.9M-29.2K0.0324.72N/AN/A7322054,83213,960
2023-07-24$1.83$2.0068.0%19.5%80.4%6.5%68.1%20.8%11.9%51.5K-2.9M-26.1K0.0413.91N/AN/A1,2565651,11813,805
2023-07-25$1.81$1.0073.5%21.1%80.1%7.8%74.4%18.1%4.7%49.5K-2.7M-25.9K0.0118.04N/AN/A1,2671851,50013,852
2023-07-26$1.79$1.0064.5%18.5%80.0%5.6%58.1%3.7%-4.8%50.1K-2.6M-25.2K0.2018.93N/AN/A2565251,72213,863
2023-07-27$1.77$1.0082.7%23.7%79.8%10.0%82.9%16.7%3.9%48.3K-2.8M-25.6K0.0114.33N/AN/A746951,91813,861
2023-07-28$1.83$1.0094.8%27.2%63.4%13.0%94.6%15.7%-22.2%50.9K-2.8M-26.1K0.0327.05N/AN/A129452,45813,865
2023-07-31$1.87$1.0083.0%23.8%50.9%10.1%84.4%24.5%-6.7%55.0K-3.3M-26.9K0.0233.89N/AN/A347852,52813,874