OPK Options History — April 2024

In April 2024, OPK traded between $1.21 and $1.40. ATM implied volatility averaged 64.9%, placing in the 14.9% IV rank vs the trailing year. The 30-day expected move averaged 19.4%. IV traded below realized volatility by 6.0% (HV 20d: 70.9%). Max pain ranged from $1.00 to $1.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.26.

Notable Days

  • 2024-04-10: Highest Volume — 96,942 contracts
  • 2024-04-15: Largest IV drop — 30.1% change
  • 2024-04-01: Highest IV Rank — 29.9%
  • 2024-04-01: Largest Expected Move — 27.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.28$1.21$1.40$1.33$1.23
Max Pain$1.07$1.00$1.50$1.50$1.00
ATM IV64.9%45.7%94.3%94.3%59.1%
Expected Move19.4%13.1%27.0%27.0%16.9%
HV 20d70.9%48.4%78.9%72.0%48.4%
HV 60d60.9%54.4%118.0%118.0%57.6%
IV Rank14.9%5.0%29.9%29.9%11.9%
IV Percentile22.7%2.0%54.4%54.4%18.3%
Term Structure5.9%-30.7%43.3%33.0%-0.9%
VWIV64.0%36.3%88.0%61.7%46.9%
Skew 25d11.1%-21.7%32.5%14.6%14.1%
Skew 10d12.5%-13.5%36.4%9.2%10.0%
Call IV 25d60.6%43.7%101.6%77.2%59.3%
Put IV 25d71.7%53.7%91.9%91.9%73.4%
Bid-Ask Spread %63.3834.13100.0934.3151.01
Gamma HHI0.580.540.650.650.56
Net GEX108.5K92.5K120.1K98.8K111.8K
Net DEX-10.1M-13.5M-7.2M-11.4M-8.9M
Net VEX-121.8K-158.2K-47.3K-47.3K-151.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.001.200.360.14
Total Volume13,768.7279096,94217,254992
Total OI370,885.5190,882455,193190,882449,277

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$1.33$1.5094.3%27.0%72.0%29.9%61.7%14.6%33.0%98.8K-11.4M-47.3K0.3634.31N/AN/A12,6974,557150,90039,982
2024-04-02$1.35$1.5084.8%24.3%72.0%25.1%66.7%16.8%14.9%100.3K-12.0M-52.5K0.2260.99N/AN/A11,5592,540156,44244,321
2024-04-03$1.35$1.5064.5%18.5%64.5%14.6%87.0%32.5%43.3%95.0K-11.7M-53.3K0.3673.05N/AN/A7,1912,594157,68045,908
2024-04-04$1.35$1.0083.8%25.5%64.8%24.5%79.2%-12.2%-6.3%98.0K-11.9M-56.6K0.1080.80N/AN/A3,265326162,31248,200
2024-04-05$1.35$1.0073.7%26.9%65.1%19.3%75.5%5.3%-5.3%111.9K-11.8M-53.4K0.01100.09N/AN/A7326163,57548,493
2024-04-08$1.40$1.0059.0%19.3%65.4%11.8%67.7%-1.8%10.6%99.2K-13.5M-54.6K0.7456.47N/AN/A31,88723,560162,69548,498
2024-04-09$1.37$1.0060.0%23.8%65.4%12.4%82.0%12.0%-0.2%92.5K-12.7M-78.7K0.7385.25N/AN/A53,51339,193189,53171,744
2024-04-10$1.23$1.0062.5%17.9%78.9%13.6%55.3%23.2%32.2%107.9K-9.2M-114.4K0.9580.97N/AN/A49,60747,335243,982113,225
2024-04-11$1.27$1.0074.4%21.3%78.6%19.7%56.1%18.2%20.3%120.1K-9.7M-158.2K0.1185.38N/AN/A1,567177291,867159,864
2024-04-12$1.23$1.0080.0%22.9%78.5%22.6%87.7%29.5%3.3%111.6K-8.1M-154.8K0.0173.52N/AN/A9827292,955159,979
2024-04-15$1.23$1.0055.9%16.0%78.7%10.2%59.5%6.2%4.3%115.0K-8.7M-154.6K0.0164.11N/AN/A7528293,215159,978
2024-04-16$1.21$1.0058.8%16.9%77.5%11.7%45.5%5.9%1.7%111.2K-7.2M-151.5K0.2370.64N/AN/A504117293,478159,980
2024-04-17$1.25$1.0066.7%19.1%77.7%15.8%88.0%-21.7%34.3%113.7K-9.1M-158.2K1.2076.57N/AN/A9801,179293,767159,884
2024-04-18$1.25$1.0055.7%16.0%77.9%10.2%54.6%10.0%-2.4%113.4K-9.0M-158.0K0.0681.51N/AN/A92453294,381160,014
2024-04-19$1.23$1.0045.7%13.1%78.0%5.0%36.3%11.7%5.8%104.2K-9.8M-157.4K0.0155.89N/AN/A88113295,130160,063
2024-04-22$1.23$1.0048.4%13.9%77.5%6.4%37.9%12.2%4.6%112.0K-9.0M-151.0K0.0858.17N/AN/A42035293,114154,068
2024-04-23$1.25$1.0062.4%17.9%77.2%13.6%0.0%17.4%-12.9%119.5K-9.7M-154.9K0.0857.17N/AN/A76861293,026154,052
2024-04-24$1.23$1.0050.6%14.5%77.7%7.5%57.2%12.6%3.6%106.2K-9.5M-154.3K0.1735.23N/AN/A29249293,644154,041
2024-04-25$1.23$1.0051.7%14.8%75.6%8.1%0.0%12.7%3.0%115.1K-9.4M-152.7K0.0040.58N/AN/A900293,945154,568
2024-04-26$1.25$1.0065.7%18.8%59.8%15.2%64.7%12.8%-26.5%115.3K-10.3M-156.7K0.0034.13N/AN/A8080293,976154,568
2024-04-29$1.25$1.0071.0%20.4%48.7%18.0%70.1%13.2%-30.7%114.2K-10.4M-155.7K0.0538.62N/AN/A65932294,591154,568
2024-04-30$1.23$1.0059.1%16.9%48.4%11.9%46.9%14.1%-0.9%111.8K-8.9M-151.7K0.1451.01N/AN/A867125294,709154,568