OPK Options History — November 2023

In November 2023, OPK traded between $1.25 and $1.56. ATM implied volatility averaged 108.1%, placing in the 26.0% IV rank vs the trailing year. The 30-day expected move averaged 27.7%. IV traded above realized volatility by 66.3% (HV 20d: 41.8%). Max pain ranged from $2.00 to $2.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.32.

Notable Days

  • 2023-11-27: Highest Volume — 2,814 contracts
  • 2023-11-30: Largest IV spike — 52.4% change
  • 2023-11-06: Highest IV Rank — 46.6%
  • 2023-11-30: Largest Expected Move — 47.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.41$1.25$1.56$1.25$1.46
Max Pain$2.02$2.00$2.50$2.50$2.00
ATM IV108.1%58.5%165.6%151.0%165.2%
Expected Move27.7%16.8%47.4%43.3%47.4%
HV 20d41.8%32.8%47.0%32.8%47.0%
HV 60d42.8%41.0%45.5%43.1%42.7%
IV Rank26.0%8.1%46.6%41.4%46.5%
IV Percentile61.4%14.7%96.8%94.0%96.4%
Term Structure-32.3%-146.6%36.4%-35.6%-146.6%
VWIV99.5%64.4%176.8%75.9%126.8%
Skew 25d0.7%-46.3%46.1%-6.3%-45.4%
Skew 10d-11.8%-71.8%40.7%-11.4%-71.8%
Call IV 25d103.4%61.3%201.6%123.1%201.6%
Put IV 25d104.1%61.8%156.2%116.8%156.2%
Bid-Ask Spread %40.0116.5478.7956.1472.69
Gamma HHI0.440.310.510.410.33
Net GEX33.0K19.9K45.1K19.9K43.9K
Net DEX-1.5M-2.5M-763.2K-949.2K-2.2M
Net VEX-12.9K-15.8K-10.0K-10.5K-14.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.004.650.040.00
Total Volume468.19102,814157102
Total OI63,808.95262,04469,59462,04469,594

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$1.25$2.50151.0%43.3%32.8%41.4%0.0%-6.3%-35.6%19.9K-949.2K-10.5K0.0456.14N/AN/A151658,1813,863
2023-11-02$1.29$2.00147.2%23.6%35.9%40.0%0.0%8.2%-18.9%26.7K-1.1M-12.1K0.0020.58N/AN/A42058,2313,838
2023-11-03$1.35$2.00130.8%31.7%39.9%34.1%75.9%16.9%-69.8%33.7K-1.5M-13.5K0.0521.28N/AN/A141758,2623,838
2023-11-06$1.35$2.00165.6%22.2%39.9%46.6%76.5%22.6%-0.1%30.1K-1.3M-12.7K0.0021.10N/AN/A261058,3963,845
2023-11-07$1.35$2.00153.4%25.4%39.9%42.3%99.8%33.6%-10.7%32.7K-1.2M-12.2K0.3816.54N/AN/A26310058,6273,845
2023-11-08$1.33$2.0092.3%26.4%37.8%20.3%0.0%34.8%-41.0%30.0K-1.1M-11.7K0.0025.39N/AN/A195058,6583,870
2023-11-09$1.27$2.0058.5%16.8%38.3%8.1%64.4%-5.0%6.1%24.2K-1.0M-11.0K0.0122.21N/AN/A95158,6773,870
2023-11-10$1.25$2.0072.8%20.9%38.0%13.3%0.0%-3.9%36.4%21.4K-763.2K-10.0K1.3827.78N/AN/A8712058,6693,863
2023-11-13$1.29$2.00102.9%29.5%39.8%24.1%0.0%-17.6%-82.8%27.8K-1.1M-11.5K0.0456.02N/AN/A121558,6633,858
2023-11-14$1.38$2.00127.0%36.4%46.7%32.8%0.0%27.8%-97.9%34.4K-1.3M-12.1K0.0078.79N/AN/A83058,7193,863
2023-11-15$1.44$2.0086.3%24.7%45.2%18.1%79.2%46.1%-5.0%39.2K-1.8M-13.9K0.0030.75N/AN/A658258,7553,863
2023-11-16$1.42$2.00124.3%35.6%45.6%31.8%176.8%13.7%-115.8%36.6K-1.5M-12.6K0.0034.10N/AN/A51059,0523,864
2023-11-17$1.44$2.0076.3%21.9%45.7%14.6%0.0%23.7%-21.8%35.8K-1.4M-12.5K0.0059.46N/AN/A502259,0853,864
2023-11-20$1.48$2.00100.3%28.8%45.6%23.2%118.4%-25.6%-54.9%33.4K-1.5M-13.1K4.6556.52N/AN/A2161,00559,3453,961
2023-11-21$1.50$2.00111.7%32.0%44.8%27.3%0.0%-26.9%-70.2%33.3K-1.7M-13.8K0.0028.99N/AN/A165059,4904,966
2023-11-22$1.54$2.0066.0%18.9%43.0%10.8%0.0%20.1%4.7%35.3K-1.6M-13.7K0.0042.58N/AN/A48059,5504,966
2023-11-24$1.52$2.0067.0%19.2%42.8%11.2%0.0%-46.3%-8.3%30.7K-1.3M-12.4K0.0061.32N/AN/A10059,5814,966
2023-11-27$1.56$2.0065.7%18.8%42.0%10.7%77.4%-3.2%22.4%39.1K-2.2M-15.5K0.0029.46N/AN/A2,812259,5914,966
2023-11-28$1.54$2.0096.6%27.7%42.7%21.8%126.8%-10.8%13.7%40.9K-2.2M-15.1K0.0037.01N/AN/A2,467762,3554,968
2023-11-29$1.52$2.00108.4%31.1%43.6%26.1%0.0%-41.9%18.2%45.1K-2.5M-15.8K0.1141.58N/AN/A951064,5974,973
2023-11-30$1.46$2.00165.2%47.4%47.0%46.5%0.0%-45.4%-146.6%43.9K-2.2M-14.8K0.0072.69N/AN/A102064,6114,983