OPK Options History — March 2024

In March 2024, OPK traded between $0.87 and $1.21. ATM implied volatility averaged 72.2%, placing in the 18.6% IV rank vs the trailing year. The 30-day expected move averaged 20.9%. IV traded above realized volatility by 19.9% (HV 20d: 52.3%). Max pain ranged from $0.50 to $1.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.57.

Notable Days

  • 2024-03-28: Highest Volume — 48,858 contracts
  • 2024-03-21: Largest IV spike — 83.7% change
  • 2024-03-04: Highest IV Rank — 37.3%
  • 2024-03-21: Largest Expected Move — 28.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.96$0.87$1.21$0.99$1.21
Max Pain$1.15$0.50$1.50$1.00$1.50
ATM IV72.2%46.8%108.8%96.6%56.3%
Expected Move20.9%13.4%28.7%27.7%16.2%
HV 20d52.3%47.0%66.0%47.3%66.0%
HV 60d113.3%111.6%116.5%114.0%116.5%
IV Rank18.6%5.6%37.3%31.1%10.5%
IV Percentile28.9%2.4%70.6%54.8%12.3%
Term Structure10.8%-26.4%59.9%-26.4%-0.4%
VWIV81.5%35.1%142.3%96.6%52.5%
Skew 25d24.1%5.4%86.8%36.3%9.6%
Skew 10d36.0%-5.7%125.8%63.9%4.0%
Call IV 25d72.6%47.1%105.0%105.0%56.5%
Put IV 25d96.8%66.1%149.2%141.3%66.1%
Bid-Ask Spread %82.9838.88122.0838.8855.76
Gamma HHI0.760.640.840.760.76
Net GEX79.6K39.9K116.4K85.6K114.7K
Net DEX-4.6M-9.0M-2.9M-5.2M-9.0M
Net VEX-28.8K-38.4K-24.3K-29.4K-38.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.004.200.381.14
Total Volume7,280.5526548,85871348,858
Total OI126,237.9102,226157,103123,438157,103

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$0.99$1.0096.6%27.7%47.3%31.1%96.6%36.3%-26.4%85.6K-5.2M-29.4K0.3838.88N/AN/A515198117,9675,471
2024-03-04$1.00$0.50108.8%20.3%47.0%37.3%0.0%24.0%9.1%94.8K-5.4M-29.3K0.00122.08N/AN/A1,2324118,2625,323
2024-03-05$0.93$0.5054.7%20.7%53.2%9.6%0.0%19.2%6.1%108.3K-4.2M-26.9K0.02101.64N/AN/A81314118,2975,323
2024-03-06$0.94$0.5058.7%20.9%53.4%11.7%73.1%19.4%13.6%107.9K-4.5M-27.9K0.0285.06N/AN/A2614118,7915,325
2024-03-07$0.95$0.5067.7%23.3%53.0%16.3%81.5%17.0%3.4%104.6K-4.6M-28.3K0.1999.51N/AN/A879171118,8425,327
2024-03-08$0.96$1.0068.0%27.0%52.6%16.4%93.9%22.4%-8.5%116.4K-4.6M-28.3K0.0096.16N/AN/A6562119,3755,346
2024-03-11$0.94$0.5087.7%24.7%52.3%26.5%89.7%17.3%-13.0%109.5K-4.1M-27.0K0.3499.08N/AN/A916309119,5465,344
2024-03-12$0.93$0.5099.4%22.6%52.3%32.5%142.3%21.3%-10.8%102.2K-3.9M-26.1K4.2087.43N/AN/A3631,523120,0835,373
2024-03-13$0.92$1.5076.2%21.8%50.8%20.6%110.6%17.7%-11.2%42.5K-3.5M-26.3K2.26100.52N/AN/A6221,407120,3226,811
2024-03-14$0.89$1.5049.8%14.3%51.0%7.1%0.0%86.8%27.3%39.9K-2.9M-24.6K0.0293.21N/AN/A2,51742120,4938,333
2024-03-15$0.90$1.5067.6%19.4%51.3%16.2%61.3%11.6%24.4%42.8K-3.1M-25.6K0.0290.26N/AN/A1,82236121,4318,311
2024-03-18$0.87$1.5051.9%14.9%52.2%8.2%59.7%5.4%46.1%40.7K-3.0M-24.6K0.6792.23N/AN/A96964995,5286,698
2024-03-19$0.88$1.5053.2%15.3%52.5%8.9%68.2%7.1%33.9%42.9K-2.9M-24.3K0.7790.00N/AN/A58745496,2847,326
2024-03-20$0.89$1.5054.5%15.6%52.7%9.5%76.5%54.8%59.9%44.0K-3.2M-25.5K0.9179.19N/AN/A48944396,7547,914
2024-03-21$0.93$1.50100.1%28.7%54.7%32.9%100.2%20.1%4.4%48.5K-3.3M-25.8K0.0255.19N/AN/A42,77289696,9648,357
2024-03-22$0.97$1.5079.9%22.9%55.7%22.5%80.5%26.0%9.9%75.8K-5.6M-33.4K0.0156.54N/AN/A3,84151129,9019,253
2024-03-25$1.00$1.5092.3%26.5%52.2%28.9%90.7%27.0%-7.5%85.1K-5.7M-33.9K0.0078.83N/AN/A3,96610133,4589,587
2024-03-26$1.00$1.5073.6%21.1%47.4%19.3%73.7%28.2%10.8%86.6K-6.0M-34.5K0.0673.43N/AN/A1,954126134,5319,597
2024-03-27$1.06$1.5046.8%13.4%47.4%5.6%35.1%11.6%45.2%98.7K-6.6M-35.2K0.2764.62N/AN/A19,8575,383136,1509,657
2024-03-28$1.21$1.5056.3%16.2%66.0%10.5%52.5%9.6%-0.4%114.7K-9.0M-38.4K1.1455.76N/AN/A22,78026,078143,36313,740