OPK Options History — May 2024

In May 2024, OPK traded between $1.21 and $1.40. ATM implied volatility averaged 77.1%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 18.0%. IV traded above realized volatility by 30.7% (HV 20d: 46.4%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.18.

Notable Days

  • 2024-05-17: Highest Volume — 21,015 contracts
  • 2024-05-15: Largest IV drop — 71.9% change
  • 2024-05-14: Highest IV Rank — 60.6%
  • 2024-05-30: Largest Expected Move — 27.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.31$1.21$1.40$1.27$1.40
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV77.1%43.4%154.3%64.2%70.8%
Expected Move18.0%11.3%27.1%18.4%20.3%
HV 20d46.4%40.7%51.8%50.1%48.8%
HV 60d58.8%56.1%60.9%57.7%56.2%
IV Rank21.1%3.9%60.6%14.5%17.9%
IV Percentile39.8%0.8%94.8%23.8%37.3%
Term Structure18.2%-46.8%220.6%-11.8%13.1%
VWIV57.9%36.0%86.8%61.9%80.3%
Skew 25d13.6%-22.1%44.1%17.9%44.1%
Skew 10d7.0%-3.1%20.8%9.6%19.7%
Call IV 25d53.0%36.5%77.9%58.7%48.6%
Put IV 25d66.6%43.8%92.7%76.6%92.7%
Bid-Ask Spread %47.9417.7173.9570.1756.82
Gamma HHI0.430.340.570.570.34
Net GEX110.5K98.3K126.4K126.4K123.5K
Net DEX-12.8M-15.2M-10.0M-10.0M-15.2M
Net VEX-159.1K-165.4K-152.2K-152.2K-162.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.003.463.460.00
Total Volume2,717.9094521,0158382,071
Total OI450,877.091445,667456,075449,976456,075

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$1.27$1.0064.2%18.4%50.1%14.5%61.9%17.9%-11.8%126.4K-10.0M-152.2K3.4670.17N/AN/A188650295,378154,598
2024-05-02$1.31$1.0072.2%20.7%51.5%18.6%77.2%31.7%16.8%115.4K-12.3M-160.2K0.0131.74N/AN/A5114295,287154,548
2024-05-03$1.29$1.0070.3%20.2%51.8%17.6%62.1%28.1%12.1%108.5K-12.2M-160.9K0.0246.52N/AN/A2907295,665154,548
2024-05-06$1.31$1.00108.5%22.0%50.2%37.2%55.7%-8.4%-14.0%107.0K-13.5M-161.8K0.0227.08N/AN/A1,87932295,345154,546
2024-05-07$1.31$1.0069.5%18.0%49.7%17.2%47.2%-17.9%-0.0%98.3K-12.6M-160.9K0.0243.89N/AN/A7,197142295,262154,553
2024-05-08$1.21$1.00110.4%11.3%42.2%38.2%36.0%4.3%22.9%111.8K-11.2M-155.3K0.0147.08N/AN/A4,46064296,248154,693
2024-05-09$1.25$1.00106.8%13.1%42.3%36.3%44.2%11.0%-9.5%105.8K-10.9M-154.0K0.1745.85N/AN/A572100291,285154,631
2024-05-10$1.27$1.0096.8%25.2%41.0%31.2%86.8%-22.1%-20.2%102.7K-10.9M-157.7K0.0054.45N/AN/A1410291,296154,731
2024-05-13$1.29$1.00105.4%12.2%41.3%35.6%0.0%15.4%33.2%108.3K-11.8M-154.1K0.0151.20N/AN/A971291,366154,731
2024-05-14$1.31$1.00154.3%22.8%40.9%60.6%47.6%-11.9%-46.8%106.8K-12.6M-158.3K0.0117.71N/AN/A2,52713291,360154,731
2024-05-15$1.35$1.0043.4%12.5%40.7%3.9%0.0%21.4%39.4%109.4K-13.9M-159.5K0.0173.95N/AN/A7956290,945154,722
2024-05-16$1.29$1.0044.1%12.7%44.3%4.2%56.1%15.8%220.6%103.8K-11.7M-155.0K0.0119.72N/AN/A1,33311291,207154,726
2024-05-17$1.31$1.0061.7%17.7%44.0%13.2%50.3%8.4%39.7%102.5K-12.5M-156.2K0.0064.60N/AN/A20,99421292,244154,735
2024-05-20$1.33$1.0048.7%14.0%44.2%6.5%49.3%5.9%-2.4%112.7K-15.1M-165.4K0.0051.83N/AN/A3,6158300,584154,278
2024-05-21$1.29$1.0056.0%16.1%45.6%10.3%65.8%22.3%14.1%108.8K-12.4M-158.4K0.0128.37N/AN/A1,82713300,165154,283
2024-05-22$1.31$1.0057.6%16.5%45.3%11.1%53.6%28.5%1.9%106.8K-13.4M-161.5K0.0046.70N/AN/A450300,854154,294
2024-05-23$1.27$1.0057.1%16.4%46.9%10.9%45.1%18.8%0.8%110.0K-12.0M-160.1K0.0661.80N/AN/A3,589222300,849154,294
2024-05-24$1.33$1.0060.2%17.3%49.3%12.4%50.6%30.8%36.8%108.9K-13.5M-160.8K0.0153.81N/AN/A7827300,066154,516
2024-05-28$1.38$1.0066.4%19.0%50.7%15.6%51.4%20.0%29.1%116.2K-14.9M-161.6K0.0446.91N/AN/A91934300,559154,524
2024-05-29$1.37$1.0076.8%22.0%50.3%20.9%58.6%23.4%29.8%114.5K-14.9M-162.1K0.0069.41N/AN/A1,0450300,781154,525
2024-05-30$1.40$1.0094.4%27.1%49.7%29.9%79.1%12.8%-4.1%123.6K-15.0M-161.5K0.1645.18N/AN/A3,092490300,743154,525
2024-05-31$1.40$1.0070.8%20.3%48.8%17.9%80.3%44.1%13.1%123.5K-15.2M-162.3K0.0056.82N/AN/A2,0701300,873155,202