OPK Options History — January 2024

In January 2024, OPK traded between $0.89 and $1.56. ATM implied volatility averaged 106.3%, placing in the 27.4% IV rank vs the trailing year. The 30-day expected move averaged 30.3%. IV traded below realized volatility by 66.5% (HV 20d: 172.9%). Max pain ranged from $1.00 to $2.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.11.

Notable Days

  • 2024-01-04: Highest Volume — 68,792 contracts
  • 2024-01-10: Largest IV spike — 77.4% change
  • 2024-01-08: Highest IV Rank — 46.0%
  • 2024-01-05: Largest Expected Move — 46.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.04$0.89$1.56$1.56$1.04
Max Pain$1.74$1.00$2.50$1.50$1.00
ATM IV106.3%60.8%163.8%101.3%86.4%
Expected Move30.3%17.4%46.6%29.0%24.8%
HV 20d172.9%57.8%188.7%58.0%185.2%
HV 60d108.1%48.8%115.3%48.8%115.3%
IV Rank27.4%9.8%46.0%23.5%25.8%
IV Percentile56.7%13.9%95.6%58.3%40.9%
Term Structure-10.5%-68.2%40.6%-42.9%40.6%
VWIV103.1%53.7%242.3%101.2%69.1%
Skew 25d36.1%-3.7%130.5%33.9%48.6%
Skew 10d51.1%-73.8%130.2%29.7%70.5%
Call IV 25d98.2%70.0%148.4%70.0%86.2%
Put IV 25d134.4%88.6%224.1%103.9%134.8%
Bid-Ask Spread %59.979.16128.66102.6478.31
Gamma HHI0.720.330.900.380.72
Net GEX65.1K10.6K133.6K49.8K59.0K
Net DEX-4.3M-5.8M-96.1K-2.2M-5.5M
Net VEX-24.4K-29.8K-5.3K-12.6K-29.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.001.060.040.00
Total Volume7,184.85711868,7921182,878
Total OI115,718.09562,650157,00162,650102,883

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$1.56$1.50101.3%29.0%58.0%23.5%101.2%33.9%-42.9%49.8K-2.2M-12.6K0.04102.64N/AN/A113557,6035,047
2024-01-03$1.50$1.50109.7%31.5%57.8%26.6%109.1%27.2%-48.2%45.8K-2.0M-11.8K1.0667.31N/AN/A10010657,6645,047
2024-01-04$0.92$2.50139.2%31.9%181.5%37.2%0.0%28.4%8.7%10.6K-96.1K-5.3K0.0225.96N/AN/A67,2171,57557,7285,090
2024-01-05$0.89$2.50160.7%46.6%181.4%44.9%0.0%24.4%-11.6%41.5K-2.5M-15.3K0.0260.59N/AN/A2,97173103,8334,376
2024-01-08$0.99$2.50163.8%35.1%187.6%46.0%0.0%26.3%-12.6%50.7K-3.2M-16.7K0.0412.01N/AN/A43,6411,745105,1584,357
2024-01-09$1.04$2.5063.1%33.9%188.7%9.8%0.0%-1.1%3.2%92.8K-5.8M-27.6K0.2760.87N/AN/A2,463673140,3155,919
2024-01-10$0.99$2.50112.0%32.1%188.6%27.4%0.0%45.2%-6.7%76.6K-5.0M-27.2K0.0310.50N/AN/A4,456115141,0596,575
2024-01-11$0.97$2.50158.3%45.4%188.3%44.0%242.3%82.8%-24.0%87.2K-4.2M-25.7K0.0660.83N/AN/A9,410555143,9426,519
2024-01-12$0.97$2.50126.1%36.2%186.4%32.5%0.0%88.5%-24.8%88.0K-5.3M-28.9K0.039.16N/AN/A1,03630148,7607,049
2024-01-16$0.94$2.5094.4%27.1%184.0%21.0%0.0%-3.7%-46.5%97.3K-4.3M-27.5K0.01128.66N/AN/A1,06614148,9137,046
2024-01-17$0.98$2.50136.9%39.2%185.3%36.3%143.4%36.2%-68.2%133.6K-5.0M-28.3K0.1376.94N/AN/A1,136146149,4057,043
2024-01-18$0.98$1.50136.1%39.0%185.4%36.1%129.6%130.5%-39.2%107.5K-5.2M-28.6K0.0273.06N/AN/A1,08322149,8886,929
2024-01-19$0.99$1.50111.3%31.9%183.8%27.1%97.9%31.5%8.5%46.6K-4.5M-28.1K0.1298.72N/AN/A68481150,0866,915
2024-01-22$1.00$1.0083.4%23.9%184.2%17.1%83.8%25.6%6.4%52.4K-4.8M-27.9K0.2660.27N/AN/A87522895,0483,190
2024-01-23$1.00$1.0060.8%17.4%183.6%12.8%53.7%15.3%12.2%56.5K-4.8M-28.4K0.1071.82N/AN/A6186195,2483,337
2024-01-24$0.99$1.0086.5%24.8%183.5%25.9%87.1%27.8%-1.9%53.6K-4.8M-28.2K0.0035.57N/AN/A373095,5233,391
2024-01-25$0.99$1.0076.9%22.1%183.2%21.0%77.0%28.9%8.6%52.7K-5.0M-28.3K0.0261.69N/AN/A297695,6803,390
2024-01-26$0.99$1.0078.8%22.6%183.4%21.9%79.0%29.6%7.7%52.6K-4.9M-28.5K0.0054.14N/AN/A1,390095,7853,396
2024-01-29$1.04$1.0075.0%21.5%185.2%20.0%83.8%14.8%-3.7%56.1K-5.4M-28.9K0.0181.26N/AN/A1,022996,8163,396
2024-01-30$1.00$1.0072.4%20.8%185.2%18.7%85.9%17.9%12.9%55.6K-5.1M-28.7K0.0029.16N/AN/A2,606397,3313,400
2024-01-31$1.04$1.0086.4%24.8%185.2%25.8%69.1%48.6%40.6%59.0K-5.5M-29.8K0.0078.31N/AN/A2,877199,4823,401