OPK Options History — August 2024

In August 2024, OPK traded between $1.29 and $1.67. ATM implied volatility averaged 70.9%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 16.6%. IV traded above realized volatility by 15.4% (HV 20d: 55.5%). 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 13 of 22 days. Put/call ratio averaged 0.11.

Notable Days

  • 2024-08-08: Highest Volume — 7,032 contracts
  • 2024-08-05: Largest IV spike — 260.0% change
  • 2024-08-05: Highest IV Rank — 97.3%
  • 2024-08-01: Largest Expected Move — 30.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.52$1.29$1.67$1.37$1.67
Max Pain$1.05$1.00$1.50$1.50$1.00
ATM IV70.9%29.8%225.9%106.3%57.8%
Expected Move16.6%8.5%30.5%30.5%16.6%
HV 20d55.5%46.0%61.7%46.2%56.1%
HV 60d45.9%42.6%48.3%44.0%47.3%
IV Rank18.8%0.0%97.3%36.0%13.9%
IV Percentile28.8%0.0%99.6%77.0%17.9%
Term Structure15.8%-28.8%153.4%13.5%-17.7%
VWIV54.4%17.5%103.5%67.1%76.9%
Skew 25d15.9%-25.3%57.3%33.3%-10.5%
Skew 10d37.1%-9.7%97.0%7.5%15.9%
Call IV 25d52.7%35.5%83.1%78.0%49.9%
Put IV 25d68.5%36.9%111.2%111.2%39.4%
Bid-Ask Spread %66.2232.81120.8188.1362.68
Gamma HHI0.320.280.370.340.29
Net GEX167.9K129.8K214.3K151.2K202.6K
Net DEX-22.5M-30.6M-12.0M-15.1M-30.6M
Net VEX-151.8K-161.4K-141.7K-157.1K-146.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.000.620.000.01
Total Volume2,213.8182137,0325792,306
Total OI494,280.636484,177503,534484,177503,534

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$1.37$1.50106.3%30.5%46.2%36.0%67.1%33.3%13.5%151.2K-15.1M-157.1K0.0088.13N/AN/A5781329,412154,765
2024-08-02$1.37$1.5062.7%18.0%46.0%13.7%0.0%39.1%37.6%151.8K-15.3M-156.3K0.11120.81N/AN/A22624329,814154,766
2024-08-05$1.29$1.00225.9%28.4%48.8%97.3%103.5%-16.3%-28.8%132.8K-12.0M-148.2K0.0066.31N/AN/A4760329,973154,765
2024-08-06$1.33$1.00157.9%21.7%49.9%62.5%78.4%-16.5%-0.8%138.2K-13.7M-150.8K0.0061.28N/AN/A2130330,155154,765
2024-08-07$1.29$1.00150.0%22.6%50.9%58.4%80.8%-25.3%-11.1%134.8K-12.4M-150.7K0.1459.66N/AN/A3,622500330,248154,765
2024-08-08$1.42$1.0069.9%19.1%58.7%17.4%68.8%3.9%-2.2%161.2K-16.7M-153.9K0.0380.63N/AN/A6,817215330,834154,446
2024-08-09$1.50$1.0045.3%17.5%61.7%4.8%59.3%49.4%1.8%173.9K-20.9M-158.6K0.3269.63N/AN/A2,717869335,390154,657
2024-08-12$1.52$1.0079.0%15.9%61.1%22.0%55.8%11.7%-0.5%214.3K-21.1M-146.3K0.0252.24N/AN/A56310337,207155,264
2024-08-13$1.54$1.0065.3%20.2%61.1%15.0%63.5%57.0%-9.4%160.0K-23.2M-141.7K0.0053.84N/AN/A8393337,328155,274
2024-08-14$1.54$1.0047.2%13.5%60.8%5.8%45.3%20.9%28.0%186.7K-22.7M-151.9K0.1780.17N/AN/A1,224206337,374155,276
2024-08-15$1.58$1.0056.5%16.2%56.6%10.5%57.1%40.9%153.4%192.3K-24.1M-153.5K0.2560.27N/AN/A5,5971,421338,080155,480
2024-08-16$1.54$1.0070.0%20.1%57.2%17.5%55.8%33.7%22.4%193.1K-22.3M-156.9K0.0073.39N/AN/A1,0271341,667156,900
2024-08-19$1.56$1.0054.3%15.6%56.3%9.4%54.4%43.9%-0.0%165.2K-24.9M-160.6K0.1241.92N/AN/A60972340,041156,781
2024-08-20$1.58$1.0060.5%17.3%56.0%12.6%47.4%57.3%36.7%198.4K-24.5M-149.8K0.6266.70N/AN/A833516340,170156,849
2024-08-21$1.60$1.0033.0%9.5%55.7%0.0%26.2%5.7%45.8%175.3K-25.7M-154.6K0.3660.27N/AN/A1,130405340,546157,364
2024-08-22$1.63$1.0030.9%8.9%55.8%0.0%17.5%16.3%39.4%182.1K-27.6M-148.3K0.1767.62N/AN/A5,260882340,405157,768
2024-08-23$1.58$1.0057.1%16.4%56.8%13.1%58.2%12.4%-16.1%177.8K-25.9M-161.4K0.0066.51N/AN/A1,2082343,495158,580
2024-08-26$1.63$1.0034.4%9.9%56.3%1.7%37.0%-5.0%32.3%156.8K-29.6M-159.3K0.0068.07N/AN/A2170343,866158,580
2024-08-27$1.67$1.0031.3%9.0%56.6%0.2%26.9%6.4%3.5%144.0K-30.0M-142.0K0.0070.83N/AN/A1,2582344,026158,578
2024-08-28$1.65$1.0034.2%9.8%56.9%1.6%33.3%-0.3%0.3%172.2K-29.3M-144.7K0.0353.10N/AN/A36411344,057158,579
2024-08-29$1.60$1.0029.8%8.5%54.8%0.0%29.2%-8.5%19.0%129.8K-27.4M-145.8K0.0032.81N/AN/A6,45921343,770158,580
2024-08-30$1.67$1.0057.8%16.6%56.1%13.9%76.9%-10.5%-17.7%202.6K-30.6M-146.6K0.0162.68N/AN/A2,27828344,973158,561