OPK Options History — September 2023

In September 2023, OPK traded between $1.50 and $1.81. ATM implied volatility averaged 61.7%, placing in the 9.2% IV rank vs the trailing year. The 30-day expected move averaged 16.3%. IV traded above realized volatility by 19.6% (HV 20d: 42.1%). 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 12 of 20 days. Put/call ratio averaged 0.21.

Notable Days

  • 2023-09-21: Highest Volume — 720 contracts
  • 2023-09-28: Largest IV spike — 77.1% change
  • 2023-09-12: Highest IV Rank — 37.0%
  • 2023-09-28: Largest Expected Move — 29.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.66$1.50$1.81$1.81$1.60
Max Pain$1.30$1.00$2.00$1.00$1.00
ATM IV61.7%35.9%138.8%52.8%64.3%
Expected Move16.3%12.8%29.6%15.1%18.4%
HV 20d42.1%26.9%63.5%63.5%37.9%
HV 60d63.2%54.1%66.6%66.3%56.3%
IV Rank9.2%0.0%37.0%4.3%10.2%
IV Percentile19.6%0.0%90.9%6.7%22.2%
Term Structure3.8%-58.8%63.1%17.4%-0.5%
VWIV82.6%67.0%117.7%67.0%82.7%
Skew 25d28.7%-32.0%154.0%65.9%154.0%
Skew 10d35.7%-53.0%212.3%59.6%212.3%
Call IV 25d62.0%42.4%146.5%50.6%68.7%
Put IV 25d90.7%65.1%222.7%116.5%222.7%
Bid-Ask Spread %39.5916.8071.4150.5752.71
Gamma HHI0.290.260.440.440.26
Net GEX35.1K24.9K68.2K68.2K28.3K
Net DEX-1.2M-2.5M-448.1K-2.5M-703.0K
Net VEX-19.2K-24.3K-16.1K-24.3K-17.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.002.680.000.28
Total Volume188.953572035191
Total OI65,485.760,76469,76869,60261,590

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$1.81$1.0052.8%15.1%63.5%4.3%0.0%65.9%17.4%68.2K-2.5M-24.3K0.0050.57N/AN/A351055,62313,979
2023-09-05$1.75$2.0035.9%16.4%54.4%0.0%0.0%2.4%7.9%42.8K-2.2M-22.7K0.0135.44N/AN/A216255,78913,979
2023-09-06$1.75$2.0060.6%17.1%52.3%8.9%0.0%26.5%-7.1%56.3K-1.9M-21.9K0.0232.75N/AN/A196455,71413,980
2023-09-07$1.73$2.0075.8%16.8%46.2%14.3%67.0%12.1%-3.3%35.9K-1.8M-21.9K0.0041.04N/AN/A220055,69913,980
2023-09-08$1.71$2.0059.8%17.1%45.4%8.6%67.3%-5.8%-5.6%33.6K-1.6M-21.4K0.0059.68N/AN/A46055,59913,980
2023-09-11$1.73$2.0086.1%17.7%45.7%18.0%70.3%16.4%-2.5%33.5K-1.6M-21.0K0.1771.41N/AN/A1262255,57913,980
2023-09-12$1.69$2.00138.8%18.0%44.9%37.0%72.3%18.4%-12.0%32.1K-1.1M-18.7K2.6838.35N/AN/A7520155,62913,973
2023-09-13$1.65$1.0044.6%12.8%42.0%3.1%0.0%25.6%29.8%31.2K-1.2M-19.0K0.5328.04N/AN/A382055,62114,064
2023-09-14$1.65$1.0045.2%13.0%42.0%3.3%0.0%25.8%63.1%33.4K-1.6M-19.6K0.0541.91N/AN/A153755,59114,070
2023-09-15$1.63$1.0044.7%12.8%40.7%3.2%0.0%20.9%18.7%34.9K-1.4M-19.2K0.0232.33N/AN/A177455,55714,074
2023-09-18$1.63$1.0046.7%13.4%40.7%3.9%0.0%25.2%5.5%30.9K-769.8K-17.3K0.1727.86N/AN/A2444146,95813,806
2023-09-19$1.67$1.0049.6%14.2%41.1%4.9%70.1%36.4%6.4%35.5K-1.0M-18.5K0.0023.11N/AN/A109047,05713,847
2023-09-20$1.63$1.0048.2%13.8%41.9%4.4%0.0%26.0%4.9%32.2K-863.0K-18.2K0.0267.78N/AN/A48147,10313,847
2023-09-21$1.63$1.0049.0%14.1%35.7%4.7%113.3%45.6%4.6%31.8K-1.2M-19.0K0.0234.91N/AN/A7071347,11813,846
2023-09-22$1.65$1.0051.1%14.7%34.5%5.5%0.0%32.5%4.9%30.9K-782.4K-17.8K0.0042.35N/AN/A43047,73313,859
2023-09-25$1.60$1.0059.0%16.9%35.9%8.3%117.7%25.6%1.9%29.6K-456.7K-16.6K0.1220.93N/AN/A841047,73013,859
2023-09-26$1.60$1.0060.2%17.3%35.8%8.7%0.0%30.2%1.4%28.4K-591.0K-17.1K0.0516.80N/AN/A44247,77213,852
2023-09-27$1.56$1.0058.3%16.7%35.1%8.1%82.7%22.3%-0.7%27.4K-571.7K-16.9K0.0051.58N/AN/A35047,77913,854
2023-09-28$1.50$1.00103.3%29.6%26.9%24.2%0.0%-32.0%-58.8%24.9K-448.1K-16.1K0.0822.29N/AN/A4143547,79013,854
2023-09-29$1.60$1.0064.3%18.4%37.9%10.2%0.0%154.0%-0.5%28.3K-703.0K-17.6K0.2852.71N/AN/A712047,74213,848