OPK Options History — October 2023

In October 2023, OPK traded between $1.23 and $1.52. ATM implied volatility averaged 111.6%, placing in the 27.2% IV rank vs the trailing year. The 30-day expected move averaged 29.3%. IV traded above realized volatility by 67.4% (HV 20d: 44.2%). Max pain ranged from $1.00 to $2.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 8.43.

Notable Days

  • 2023-10-31: Highest Volume — 10,057 contracts
  • 2023-10-09: Largest IV spike — 78.2% change
  • 2023-10-10: Highest IV Rank — 42.3%
  • 2023-10-31: Largest Expected Move — 42.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.36$1.23$1.52$1.50$1.25
Max Pain$2.30$1.00$2.50$1.00$2.50
ATM IV111.6%82.0%153.4%114.2%146.5%
Expected Move29.3%21.0%42.0%32.7%42.0%
HV 20d44.2%33.9%48.7%42.8%35.1%
HV 60d54.5%44.0%57.6%57.6%44.0%
IV Rank27.2%16.6%42.3%28.2%39.8%
IV Percentile73.3%46.4%94.8%79.4%92.5%
Term Structure-3.3%-68.8%27.3%-68.8%-48.0%
VWIV104.5%88.5%120.0%90.1%119.2%
Skew 25d15.0%-46.7%165.5%-35.8%8.0%
Skew 10d10.1%-75.9%234.7%-58.9%1.9%
Call IV 25d90.5%51.2%207.5%162.1%67.0%
Put IV 25d105.5%62.5%257.0%126.3%75.0%
Bid-Ask Spread %33.716.73115.8828.458.15
Gamma HHI0.310.260.370.260.28
Net GEX24.5K16.7K31.4K25.2K16.9K
Net DEX-616.2K-1.5M203.3K-657.3K-202.1K
Net VEX-16.9K-22.0K-11.2K-16.2K-14.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.430.00178.590.00178.59
Total Volume1,137.6821210,05721110,057
Total OI70,719.59161,59972,14361,63672,001

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$1.50$1.00114.2%32.7%42.8%28.2%0.0%-35.8%-68.8%25.2K-657.3K-16.2K0.0028.45N/AN/A210147,78813,848
2023-10-03$1.48$1.00105.8%30.3%41.9%25.1%90.1%-36.7%-48.9%21.6K-221.7K-14.6K0.0073.11N/AN/A5,3441147,75013,849
2023-10-04$1.52$1.0088.0%25.2%43.6%18.7%0.0%20.5%-9.7%26.9K-953.0K-18.8K0.00115.88N/AN/A4,462253,12613,860
2023-10-05$1.50$2.50125.2%21.0%43.7%32.1%0.0%-39.5%15.7%30.6K-1.4M-22.0K0.007.89N/AN/A358057,47213,862
2023-10-06$1.52$2.5082.1%21.7%44.2%16.6%0.0%-32.7%17.0%30.5K-1.4M-21.6K0.0057.69N/AN/A606057,39913,862
2023-10-09$1.50$2.50146.3%22.0%43.8%39.7%0.0%-46.7%15.0%31.4K-1.5M-21.6K0.0463.42N/AN/A48257,89013,862
2023-10-10$1.50$2.50153.4%22.3%43.4%42.3%88.5%164.9%14.7%30.8K-1.4M-21.4K0.0157.26N/AN/A78157,90413,863
2023-10-11$1.44$2.5082.0%23.5%44.7%16.6%0.0%165.5%24.5%27.6K-1.1M-19.5K0.0069.25N/AN/A104057,92913,864
2023-10-12$1.38$2.5086.3%24.7%46.4%18.1%0.0%-36.5%4.4%29.5K-999.9K-19.4K0.019.01N/AN/A123158,00913,864
2023-10-13$1.35$2.5093.7%26.9%46.6%20.8%0.0%26.1%-6.5%23.0K-443.3K-16.9K4.9616.88N/AN/A8140258,06913,790
2023-10-16$1.33$2.5095.8%27.5%46.5%21.5%0.0%23.5%6.4%29.1K-722.3K-15.4K0.0313.73N/AN/A349958,08013,980
2023-10-17$1.33$2.5097.3%27.9%44.9%22.1%0.0%25.8%21.9%26.3K-398.4K-16.6K0.0146.75N/AN/A99157,99013,978
2023-10-18$1.27$2.50102.4%29.3%46.4%23.9%0.0%17.5%17.1%23.5K-344.1K-16.4K0.0021.55N/AN/A42058,12613,976
2023-10-19$1.29$2.5094.4%27.1%47.3%21.1%0.0%24.1%27.3%21.9K-314.6K-15.5K0.0019.00N/AN/A45058,15413,976
2023-10-20$1.29$2.50108.4%31.1%46.6%26.1%120.0%8.0%-34.5%18.7K-215.8K-15.2K0.156.96N/AN/A3485158,16713,976
2023-10-23$1.27$2.50111.9%32.1%46.2%27.3%119.2%40.2%-1.2%23.0K-585.5K-15.6K1.117.90N/AN/A384257,94913,868
2023-10-24$1.31$2.50107.2%30.7%48.4%25.7%0.0%8.0%13.6%24.8K-579.6K-16.6K0.2911.51N/AN/A1193557,94413,887
2023-10-25$1.27$2.50116.5%33.4%48.7%29.0%0.0%-0.2%-5.5%22.3K-126.6K-14.7K0.0084.18N/AN/A15057,99713,922
2023-10-26$1.25$2.50129.1%37.0%47.6%33.5%0.0%-1.6%3.9%19.8K-108.8K-14.0K0.009.60N/AN/A1,785558,01013,922
2023-10-27$1.23$2.50129.3%37.1%38.8%33.6%0.0%-5.0%-5.6%18.5K-145.1K-13.8K0.136.73N/AN/A1271658,03613,942
2023-10-30$1.23$2.50139.4%40.0%33.9%37.2%0.0%32.7%-25.8%16.7K203.3K-11.2K0.096.73N/AN/A11158,13713,953
2023-10-31$1.25$2.50146.5%42.0%35.1%39.8%0.0%8.0%-48.0%16.9K-202.1K-14.1K178.598.15N/AN/A5610,00158,13813,863