OPK Options History — February 2024

In February 2024, OPK traded between $0.94 and $1.06. ATM implied volatility averaged 97.1%, placing in the 31.3% IV rank vs the trailing year. The 30-day expected move averaged 28.1%. IV traded above realized volatility by 47.5% (HV 20d: 49.6%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.12.

Notable Days

  • 2024-02-21: Highest Volume — 6,409 contracts
  • 2024-02-15: Largest IV spike — 52.8% change
  • 2024-02-26: Highest IV Rank — 46.8%
  • 2024-02-26: Largest Expected Move — 36.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.01$0.94$1.06$1.02$1.00
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV97.1%64.8%127.3%91.5%93.2%
Expected Move28.1%18.6%36.5%26.2%26.7%
HV 20d49.6%36.2%185.0%185.0%47.7%
HV 60d114.1%113.1%115.0%114.8%114.4%
IV Rank31.3%14.8%46.8%28.5%29.3%
IV Percentile53.3%17.1%82.1%44.8%49.2%
Term Structure-10.9%-32.4%37.7%-7.1%-27.5%
VWIV97.2%64.9%127.8%90.2%93.3%
Skew 25d43.7%7.7%140.1%29.8%35.2%
Skew 10d69.5%12.7%300.2%35.9%61.4%
Call IV 25d83.8%69.9%104.0%70.6%101.2%
Put IV 25d127.5%85.9%237.8%100.4%136.4%
Bid-Ask Spread %55.6328.3885.1779.2037.69
Gamma HHI0.740.710.810.730.77
Net GEX69.4K58.0K87.8K61.4K87.7K
Net DEX-5.3M-6.0M-4.7M-5.4M-5.1M
Net VEX-29.3K-30.6K-28.5K-29.8K-29.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.120.000.660.020.05
Total Volume1,534.54316,409431658
Total OI110,814105,475123,277105,475123,277

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$1.02$1.0091.5%26.2%185.0%28.5%90.2%29.8%-7.1%61.4K-5.4M-29.8K0.0279.20N/AN/A42110102,0713,404
2024-02-02$1.00$1.0096.3%29.4%59.5%30.9%104.6%99.9%-15.8%61.1K-5.1M-29.2K0.0365.00N/AN/A87223102,1203,409
2024-02-05$0.98$1.00109.1%27.9%58.6%37.5%97.5%49.1%-17.4%59.6K-5.1M-29.0K0.0058.25N/AN/A4902102,2783,431
2024-02-06$0.98$1.0072.4%28.3%44.6%18.7%98.8%31.4%-11.5%58.0K-5.1M-29.0K0.0366.93N/AN/A1,17733102,4283,433
2024-02-07$1.00$1.00109.6%31.4%41.3%37.7%109.5%28.0%-24.2%59.2K-5.0M-28.5K0.1885.17N/AN/A49688103,4023,463
2024-02-08$1.02$1.0099.8%28.6%38.0%32.7%95.7%36.0%-5.8%64.2K-5.7M-29.4K0.0367.61N/AN/A1,13532103,5893,551
2024-02-09$1.04$1.0099.9%28.6%37.6%32.8%99.2%49.5%-18.9%67.2K-5.4M-29.4K0.0053.74N/AN/A8582104,3323,575
2024-02-12$1.04$1.00103.3%29.6%37.6%34.5%84.7%70.3%-12.8%65.9K-5.6M-29.6K0.0053.51N/AN/A8942104,8353,576
2024-02-13$1.00$1.00108.5%31.1%38.6%37.2%108.5%24.4%-32.4%66.3K-5.2M-29.1K0.4580.56N/AN/A310139105,1403,578
2024-02-14$1.02$1.0064.8%18.6%36.4%14.8%64.9%45.2%5.2%83.2K-5.5M-29.6K0.4528.38N/AN/A436195105,1113,709
2024-02-15$1.02$1.0099.1%28.4%36.4%32.4%99.1%32.8%-28.1%65.7K-5.5M-29.3K0.6665.42N/AN/A492324105,1023,901
2024-02-16$1.02$1.0088.3%25.3%36.3%26.8%90.4%7.7%-7.9%70.0K-5.5M-29.2K0.0181.43N/AN/A1,1686105,2353,986
2024-02-20$1.02$1.0095.0%27.2%36.2%30.3%95.2%30.5%37.7%68.4K-5.5M-29.3K0.1531.00N/AN/A711107104,9003,701
2024-02-21$1.00$1.00100.7%28.9%36.9%33.2%100.6%31.0%-14.3%66.8K-5.6M-28.6K0.2937.77N/AN/A4,9701,439105,1573,786
2024-02-22$0.97$1.0076.6%22.0%38.3%20.9%76.8%28.4%20.7%77.5K-5.1M-29.6K0.0528.84N/AN/A3,020151108,7494,946
2024-02-23$0.94$1.00105.8%30.3%39.8%35.8%105.8%28.1%-6.9%67.0K-4.7M-29.1K0.0237.92N/AN/A1,42728110,8215,075
2024-02-26$1.00$1.00127.3%36.5%46.0%46.8%127.8%41.6%-30.7%73.1K-5.2M-29.1K0.0439.44N/AN/A77531111,9595,093
2024-02-27$1.06$1.00110.8%31.8%47.3%38.3%110.2%140.1%-23.3%77.7K-6.0M-30.6K0.0153.66N/AN/A5,01840112,0855,122
2024-02-28$1.00$1.0090.3%25.9%49.9%27.8%90.2%34.1%3.5%87.8K-5.1M-29.2K0.0161.07N/AN/A2,67040117,4765,474
2024-02-29$1.00$1.0093.2%26.7%47.7%29.3%93.3%35.2%-27.5%87.7K-5.1M-29.1K0.0537.69N/AN/A62533117,8075,470