OPK Options History — July 2024

In July 2024, OPK traded between $1.21 and $1.52. ATM implied volatility averaged 85.2%, placing in the 25.2% IV rank vs the trailing year. The 30-day expected move averaged 22.0%. IV traded above realized volatility by 45.3% (HV 20d: 39.9%). 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 11 of 22 days. Put/call ratio averaged 0.42.

Notable Days

  • 2024-07-19: Highest Volume — 17,763 contracts
  • 2024-07-10: Largest IV drop — 68.8% change
  • 2024-07-09: Highest IV Rank — 54.5%
  • 2024-07-03: Largest Expected Move — 36.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.38$1.21$1.52$1.23$1.44
Max Pain$1.25$1.00$1.50$1.00$1.50
ATM IV85.2%44.4%142.3%89.5%63.9%
Expected Move22.0%12.7%36.6%25.7%18.3%
HV 20d39.9%35.1%46.1%35.8%41.3%
HV 60d42.4%39.3%45.6%45.5%42.8%
IV Rank25.2%4.3%54.5%27.4%14.4%
IV Percentile49.0%1.6%94.4%59.5%25.4%
Term Structure-3.2%-91.8%46.8%-60.6%16.5%
VWIV86.7%46.0%184.8%121.6%76.3%
Skew 25d19.5%-4.3%64.2%-3.5%24.3%
Skew 10d20.6%-1.1%94.7%24.9%19.8%
Call IV 25d60.2%39.2%81.0%65.0%64.6%
Put IV 25d79.6%53.8%132.1%61.5%88.9%
Bid-Ask Spread %103.9044.33147.62113.54108.14
Gamma HHI0.390.310.490.450.35
Net GEX142.5K105.2K177.6K112.5K170.4K
Net DEX-14.5M-19.6M-7.6M-7.6M-17.3M
Net VEX-150.8K-161.2K-138.8K-138.8K-155.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.001.450.860.30
Total Volume2,700.3184917,7631,543942
Total OI461,185.455444,107483,525444,107483,525

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$1.23$1.0089.5%25.7%35.8%27.4%0.0%-3.5%-60.6%112.5K-7.6M-138.8K0.86113.54N/AN/A831712295,604148,503
2024-07-02$1.21$1.0095.0%27.3%35.1%30.3%121.6%-3.6%-11.7%105.8K-10.0M-144.9K1.06118.50N/AN/A159168296,507149,333
2024-07-03$1.21$1.00127.5%36.6%35.1%46.9%184.8%39.6%-91.8%105.2K-8.9M-143.0K1.45119.85N/AN/A2029296,656149,434
2024-07-05$1.23$1.00133.7%24.8%36.0%50.1%0.0%-4.3%-71.7%108.9K-8.7M-141.5K1.35106.80N/AN/A5574296,740149,443
2024-07-08$1.29$1.00121.6%16.5%39.0%43.9%0.0%37.5%34.5%119.1K-9.8M-142.5K0.80114.97N/AN/A668537296,740149,454
2024-07-09$1.29$1.00142.3%18.8%35.5%54.5%0.0%35.2%46.8%118.5K-11.4M-150.3K0.18104.97N/AN/A49388297,195149,848
2024-07-10$1.31$1.0044.4%12.7%35.9%4.3%111.4%-2.2%31.9%132.4K-11.1M-142.3K0.07114.95N/AN/A1369297,255149,900
2024-07-11$1.38$1.0074.8%21.4%40.0%19.9%68.3%8.0%8.7%135.0K-13.0M-149.2K0.28106.73N/AN/A2,694758297,279149,902
2024-07-12$1.38$1.0075.9%21.8%40.0%20.5%69.3%6.4%-3.3%134.5K-13.1M-145.9K0.02121.33N/AN/A1843298,289150,642
2024-07-15$1.42$1.0054.6%15.6%40.4%9.6%51.2%3.9%6.8%129.1K-15.7M-153.5K0.7685.92N/AN/A966735298,389150,642
2024-07-16$1.44$1.5079.9%22.9%38.2%22.5%80.0%13.7%-21.5%136.0K-15.5M-146.6K0.0278.17N/AN/A12,630276298,809151,247
2024-07-17$1.42$1.5064.0%18.4%38.8%14.4%71.4%16.3%0.9%158.1K-15.4M-148.5K0.52147.62N/AN/A1,538798306,099151,582
2024-07-18$1.52$1.0081.0%23.2%44.5%23.1%81.6%20.4%-16.2%147.8K-19.6M-160.5K0.0344.33N/AN/A5,674177307,570152,259
2024-07-19$1.50$1.5045.4%13.0%45.1%4.9%121.5%11.1%25.8%176.5K-18.9M-147.7K0.0065.80N/AN/A17,7549311,192152,384
2024-07-22$1.46$1.5069.9%20.1%46.1%17.4%69.6%64.2%-1.9%158.9K-19.2M-160.0K0.6573.86N/AN/A2,6261,704324,962152,367
2024-07-23$1.44$1.5078.8%22.6%41.9%22.0%67.5%19.2%2.0%151.0K-18.0M-161.2K0.03105.39N/AN/A1,49846326,666154,055
2024-07-24$1.42$1.5076.9%22.0%41.8%21.0%46.0%33.4%23.3%163.2K-16.8M-158.1K0.02119.62N/AN/A3738326,189154,094
2024-07-25$1.42$1.50120.8%34.6%41.2%43.5%91.6%43.3%-0.9%177.6K-16.8M-153.7K0.12112.45N/AN/A24630326,263154,102
2024-07-26$1.46$1.5091.7%26.3%41.1%28.6%64.7%36.0%-0.0%164.1K-18.4M-160.6K0.00108.39N/AN/A1,3405326,507154,097
2024-07-29$1.42$1.5083.3%23.9%42.1%24.2%83.6%6.7%-11.3%158.9K-17.1M-158.2K0.01102.68N/AN/A1,3669327,623154,097
2024-07-30$1.44$1.5058.7%16.8%42.1%11.7%100.9%22.7%23.0%171.9K-17.6M-156.0K0.76111.89N/AN/A589450328,535154,101
2024-07-31$1.44$1.5063.9%18.3%41.3%14.4%76.3%24.3%16.5%170.4K-17.3M-155.1K0.30108.14N/AN/A726216328,974154,551