OPK Options History — August 2023

In August 2023, OPK traded between $1.71 and $2.02. ATM implied volatility averaged 67.7%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 18.7%. IV traded below realized volatility by 4.0% (HV 20d: 71.8%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.10.

Notable Days

  • 2023-08-17: Highest Volume — 2,756 contracts
  • 2023-08-07: Largest IV spike — 104.0% change
  • 2023-08-03: Highest IV Rank — 18.0%
  • 2023-08-02: Largest Expected Move — 27.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.80$1.71$2.02$1.83$1.85
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV67.7%41.0%115.7%65.2%58.4%
Expected Move18.7%11.8%27.1%18.7%16.7%
HV 20d71.8%51.0%79.6%51.0%71.2%
HV 60d66.0%60.5%68.6%62.7%66.5%
IV Rank8.2%0.0%18.0%5.8%6.4%
IV Percentile24.6%0.0%78.2%17.5%11.1%
Term Structure5.1%-19.3%186.1%5.7%11.3%
VWIV74.6%39.5%144.1%75.3%52.3%
Skew 25d24.0%-16.8%79.2%20.1%51.1%
Skew 10d32.3%-20.4%62.8%33.3%44.4%
Call IV 25d68.0%39.6%103.0%80.5%60.3%
Put IV 25d92.0%62.7%118.8%100.6%111.4%
Bid-Ask Spread %28.6315.8340.5820.8122.98
Gamma HHI0.380.340.440.360.44
Net GEX56.1K48.7K72.1K54.0K72.1K
Net DEX-2.6M-4.3M-1.6M-3.0M-2.9M
Net VEX-24.6K-27.3K-22.1K-26.4K-25.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.550.000.04
Total Volume464.522422,75617588
Total OI68,191.08766,59770,68566,59769,547

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$1.83$1.0065.2%18.7%51.0%5.8%75.3%20.1%5.7%54.0K-3.0M-26.4K0.0020.81N/AN/A175052,72013,877
2023-08-02$1.75$1.0094.5%27.1%52.7%12.9%93.9%9.8%-12.4%48.7K-2.6M-25.0K0.0615.83N/AN/A108752,75713,877
2023-08-03$1.85$1.00115.7%25.3%56.9%18.0%88.6%27.2%-18.8%51.9K-3.1M-26.0K0.0420.28N/AN/A3201352,85413,881
2023-08-04$2.02$1.0053.5%22.5%65.9%3.0%78.5%23.9%-15.6%67.3K-4.3M-27.3K0.0323.49N/AN/A8162453,10413,883
2023-08-07$1.83$1.00109.1%20.5%73.1%16.4%72.4%13.8%-9.5%56.5K-2.9M-25.0K0.0320.35N/AN/A4701353,08613,887
2023-08-08$1.90$1.0084.1%19.5%74.7%10.4%68.3%28.6%-8.1%62.2K-3.1M-25.5K0.0026.98N/AN/A394153,07413,886
2023-08-09$1.77$1.0057.0%16.3%77.8%5.8%63.9%23.1%13.1%54.0K-2.7M-24.6K0.2420.95N/AN/A2766653,13913,887
2023-08-10$1.81$1.0071.7%20.6%77.8%11.2%80.1%14.2%-2.9%55.3K-3.2M-25.3K0.4835.42N/AN/A834053,28813,946
2023-08-11$1.81$1.0085.2%24.4%77.8%16.1%85.3%10.4%-12.8%54.8K-3.0M-25.3K0.0230.00N/AN/A6721153,32213,980
2023-08-14$1.75$1.0067.8%19.4%78.1%9.7%73.3%23.9%-6.9%48.9K-2.6M-24.1K0.2539.98N/AN/A2125253,85913,979
2023-08-15$1.83$1.0055.1%15.8%79.4%5.1%60.9%14.1%-0.6%57.3K-2.8M-24.6K0.0125.37N/AN/A432554,03014,031
2023-08-16$1.81$1.0063.1%18.1%79.3%8.0%69.0%7.9%-7.4%52.5K-2.4M-23.8K0.0830.85N/AN/A39354,12714,031
2023-08-17$1.75$1.0072.2%20.7%79.6%11.4%76.9%-16.8%186.1%49.5K-2.3M-22.8K0.0023.60N/AN/A2,750654,12214,032
2023-08-18$1.75$1.0065.4%18.7%78.9%8.9%72.1%-12.8%-5.5%52.9K-2.5M-25.1K0.1129.63N/AN/A1561756,70313,982
2023-08-21$1.71$1.0049.6%14.2%69.7%3.1%60.2%38.3%-14.3%49.4K-2.0M-23.7K0.0632.29N/AN/A8534954,78613,861
2023-08-22$1.71$1.0050.6%14.5%69.6%3.5%63.1%39.0%7.6%50.8K-1.6M-22.1K0.0333.13N/AN/A76255,32713,894
2023-08-23$1.81$1.0075.1%21.5%72.7%12.4%76.2%18.4%-19.3%58.8K-2.7M-25.1K0.0128.22N/AN/A565455,36913,882
2023-08-24$1.75$1.0047.1%13.5%73.6%2.1%0.0%39.5%-4.8%59.5K-2.4M-24.1K0.1640.58N/AN/A3415655,50813,884
2023-08-25$1.75$1.0055.7%16.0%72.5%5.3%76.0%79.2%20.1%54.0K-1.9M-22.9K0.0227.15N/AN/A6771155,56913,935
2023-08-28$1.73$1.0041.0%11.8%72.0%0.0%39.5%17.1%12.1%50.1K-1.9M-22.6K0.5539.39N/AN/A734055,11213,942
2023-08-29$1.77$1.0054.5%15.6%72.3%5.0%144.1%56.1%16.5%59.5K-2.0M-23.2K0.0031.85N/AN/A275055,16813,972
2023-08-30$1.88$1.0066.5%19.1%73.6%9.4%72.3%25.9%-15.5%70.3K-3.0M-25.5K0.0239.45N/AN/A406755,32313,972
2023-08-31$1.85$1.0058.4%16.7%71.2%6.4%52.3%51.1%11.3%72.1K-2.9M-25.1K0.0422.98N/AN/A85355,56913,978