OPK Options History — December 2023

In December 2023, OPK traded between $1.46 and $1.63. ATM implied volatility averaged 110.5%, placing in the 26.8% IV rank vs the trailing year. The 30-day expected move averaged 25.4%. IV traded above realized volatility by 56.4% (HV 20d: 54.1%). Max pain ranged from $1.50 to $2.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.25.

Notable Days

  • 2023-12-27: Highest Volume — 395 contracts
  • 2023-12-13: Largest IV drop — 60.9% change
  • 2023-12-12: Highest IV Rank — 70.3%
  • 2023-12-01: Largest Expected Move — 30.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.57$1.46$1.63$1.54$1.50
Max Pain$1.52$1.50$2.00$2.00$1.50
ATM IV110.5%76.1%231.2%106.4%103.9%
Expected Move25.4%21.8%30.5%30.5%29.8%
HV 20d54.1%44.4%59.8%49.0%59.4%
HV 60d48.0%44.2%51.8%44.2%48.3%
IV Rank26.8%14.5%70.3%25.4%24.5%
IV Percentile60.4%28.2%99.6%66.7%61.1%
Term Structure-21.8%-52.8%12.4%11.9%-47.6%
VWIV92.4%67.2%129.8%77.3%110.9%
Skew 25d26.5%-58.9%65.5%-58.9%31.2%
Skew 10d17.1%-69.3%93.4%-69.3%21.0%
Call IV 25d63.5%45.3%174.5%174.5%67.6%
Put IV 25d90.0%75.2%116.2%115.6%98.8%
Bid-Ask Spread %56.5627.49115.30115.3067.32
Gamma HHI0.350.310.390.320.36
Net GEX49.2K42.0K53.4K45.4K45.7K
Net DEX-2.3M-2.8M-1.8M-2.3M-2.1M
Net VEX-14.3K-16.4K-12.6K-15.1K-12.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.002.000.290.10
Total Volume153.751139513011
Total OI66,386.1561,90269,99869,63662,641

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$1.54$2.00106.4%30.5%49.0%25.4%0.0%-58.9%11.9%45.4K-2.3M-15.1K0.29115.30N/AN/A1012964,6534,983
2023-12-04$1.60$1.50123.4%22.7%48.4%31.5%77.3%10.2%2.8%49.1K-2.3M-15.1K0.0063.07N/AN/A30064,7145,003
2023-12-05$1.62$1.50118.8%27.3%48.3%29.8%111.6%30.0%-17.7%50.7K-2.8M-16.4K0.0059.75N/AN/A105064,7145,003
2023-12-06$1.60$1.50123.8%22.9%48.8%31.6%67.2%24.9%-3.6%50.7K-2.4M-15.7K2.0041.20N/AN/A9018064,7095,003
2023-12-07$1.58$1.50129.8%24.7%48.6%33.8%86.9%-0.4%-9.8%50.3K-2.7M-15.9K0.0027.49N/AN/A126064,7645,093
2023-12-08$1.62$1.50141.8%23.2%44.4%38.1%80.3%25.3%1.4%51.4K-2.4M-15.3K0.0438.10N/AN/A132564,7105,093
2023-12-11$1.54$1.50157.0%23.7%48.8%43.6%82.5%25.2%-4.1%46.5K-2.1M-14.0K0.0478.58N/AN/A205964,7095,098
2023-12-12$1.46$1.50231.2%24.5%53.1%70.3%0.0%17.4%12.4%42.0K-1.8M-13.4K0.0043.40N/AN/A30064,7785,101
2023-12-13$1.54$1.5090.4%25.9%51.1%19.6%114.9%21.0%-5.4%46.6K-2.2M-14.2K0.1084.97N/AN/A1992064,7785,101
2023-12-14$1.63$1.5083.7%24.0%52.7%17.2%80.9%27.4%-26.7%53.2K-2.7M-15.1K0.0367.89N/AN/A145564,7915,109
2023-12-15$1.54$1.5076.7%22.0%56.9%14.7%76.7%31.1%-27.7%49.6K-2.3M-14.0K0.3350.00N/AN/A762564,8895,109
2023-12-18$1.52$1.5091.0%26.1%57.1%19.8%99.0%24.7%-48.4%46.2K-2.2M-13.7K0.4276.78N/AN/A1164957,1444,758
2023-12-19$1.60$1.5089.0%25.5%59.0%19.1%81.8%65.5%-40.5%50.3K-2.4M-14.1K0.1835.12N/AN/A1773157,2024,797
2023-12-20$1.56$1.5085.3%24.4%59.8%17.8%82.9%28.8%-33.1%48.7K-2.2M-13.5K0.1040.51N/AN/A1561557,2714,821
2023-12-21$1.60$1.5083.0%23.8%59.8%16.9%129.8%33.3%-33.8%51.2K-2.3M-13.8K0.0654.09N/AN/A125857,2514,824
2023-12-22$1.60$1.5076.1%21.8%59.5%14.5%76.3%55.2%-24.5%51.1K-2.2M-13.2K0.0744.92N/AN/A1541157,2664,828
2023-12-26$1.62$1.50102.9%29.5%59.0%24.1%104.7%51.5%-52.8%53.4K-2.6M-14.1K0.0030.16N/AN/A264157,3064,838
2023-12-27$1.58$1.5099.0%28.4%59.5%22.7%99.9%50.0%-44.4%51.2K-2.5M-13.6K1.1778.49N/AN/A18221357,4164,838
2023-12-28$1.56$1.5096.9%27.8%59.5%21.9%99.1%36.4%-44.7%49.7K-2.3M-13.2K0.0234.03N/AN/A49157,5715,046
2023-12-29$1.50$1.50103.9%29.8%59.4%24.5%110.9%31.2%-47.6%45.7K-2.1M-12.6K0.1067.32N/AN/A10157,5945,047