OPK Options History — February 2026

In February 2026, OPK traded between $1.15 and $1.27. ATM implied volatility averaged 143.5%, placing in the 46.2% IV rank vs the trailing year. The 30-day expected move averaged 33.2%. IV traded above realized volatility by 114.0% (HV 20d: 29.5%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.03.

Notable Days

  • 2026-02-25: Highest Volume — 1,598 contracts
  • 2026-02-18: Largest IV spike — 136.5% change
  • 2026-02-04: Highest IV Rank — 100.0%
  • 2026-02-04: Largest Expected Move — 67.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.22$1.15$1.27$1.27$1.23
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV143.5%58.8%313.3%60.5%90.6%
Expected Move33.2%16.9%67.9%17.3%26.0%
HV 20d29.5%21.0%36.1%35.7%28.2%
HV 60d32.1%31.5%32.8%32.5%32.8%
IV Rank46.2%10.0%100.0%15.8%21.3%
IV Percentile84.3%50.8%100.0%59.1%81.3%
Term Structure-19.3%-201.7%165.2%23.6%-33.7%
VWIV95.8%60.0%137.1%91.6%117.1%
Skew 25d-12.5%-52.9%11.0%9.3%11.0%
Skew 10d14.9%-21.4%105.6%-0.9%32.2%
Call IV 25d72.6%49.4%108.1%62.9%61.9%
Put IV 25d60.1%50.5%73.4%72.2%73.0%
Bid-Ask Spread %98.4163.13127.6173.3284.47
Gamma HHI0.240.220.330.240.30
Net GEX16.0K14.3K22.4K16.6K22.4K
Net DEX-1.1M-1.2M-844.0K-1.1M-1.2M
Net VEX-8.2K-8.8K-6.6K-8.7K-8.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.030.000.280.000.01
Total Volume538.421611,598269667
Total OI27,618.57926,56430,29526,56430,295

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$1.27$1.0060.5%17.3%35.7%15.8%0.0%9.3%23.6%16.6K-1.1M-8.7K0.0073.32N/AN/A269025,2401,324
2026-02-03$1.25$1.00132.9%38.1%36.1%54.0%0.0%-0.5%1.8%16.2K-1.1M-8.8K0.00101.99N/AN/A148025,4571,324
2026-02-04$1.25$1.00236.9%67.9%34.1%100.0%0.0%-1.2%-201.7%16.2K-1.1M-8.4K0.0092.72N/AN/A61025,3411,324
2026-02-05$1.25$1.00225.5%35.1%31.9%94.5%0.0%-27.7%-62.4%16.2K-1.0M-8.3K0.08103.76N/AN/A1321025,3701,324
2026-02-06$1.25$1.00233.4%35.6%31.2%98.3%91.6%-28.0%-119.4%16.3K-1.0M-8.3K0.00127.61N/AN/A517025,4211,334
2026-02-09$1.23$1.00268.8%37.7%31.3%100.0%99.6%-38.5%-69.2%15.5K-1.1M-8.4K0.00104.45N/AN/A116025,3951,334
2026-02-10$1.23$1.00313.3%38.1%31.1%100.0%100.9%-37.7%2.7%14.8K-1.1M-8.6K0.00105.31N/AN/A191025,4551,334
2026-02-11$1.23$1.00134.8%38.7%31.1%36.9%60.0%-9.7%-32.7%15.4K-1.1M-8.5K0.01121.98N/AN/A268325,4941,334
2026-02-12$1.21$1.00127.9%36.7%29.8%34.4%0.0%1.8%-25.5%14.3K-1.0M-8.3K0.00117.64N/AN/A590025,5281,335
2026-02-13$1.25$1.00135.8%38.9%32.4%37.3%100.6%-31.2%-53.5%15.6K-1.1M-8.2K0.00114.46N/AN/A865025,8641,323
2026-02-17$1.23$1.0074.2%21.3%32.8%15.4%95.5%10.8%82.8%15.2K-1.1M-8.4K0.0196.72N/AN/A575625,8941,323
2026-02-18$1.21$1.00175.4%50.3%32.5%51.3%119.7%-46.2%-159.2%15.0K-1.1M-8.5K0.0395.32N/AN/A7462526,4411,323
2026-02-19$1.21$1.00142.5%40.9%25.0%39.6%121.0%-52.9%98.0%15.4K-1.1M-8.5K0.0488.36N/AN/A2331026,6191,348
2026-02-20$1.21$1.0096.9%27.8%25.0%23.5%0.0%6.9%-73.8%15.9K-1.0M-8.1K0.00118.43N/AN/A1,326026,5571,358
2026-02-23$1.17$1.0058.8%16.9%21.0%10.0%65.8%0.2%4.7%14.8K-935.7K-7.8K0.0263.13N/AN/A6101126,8591,268
2026-02-24$1.15$1.0062.3%17.9%21.3%11.3%74.5%-9.3%165.2%14.8K-893.3K-7.6K0.0171.19N/AN/A793427,3791,283
2026-02-25$1.19$1.0096.8%27.7%25.4%23.4%137.1%-3.5%23.5%16.7K-844.0K-6.6K0.01106.71N/AN/A1,5881027,7591,292
2026-02-26$1.19$1.0059.9%17.2%25.1%10.4%62.1%9.4%62.9%17.3K-1.1M-8.0K0.2882.25N/AN/A3579928,5981,302
2026-02-27$1.23$1.0090.6%26.0%28.2%21.3%117.1%11.0%-33.7%22.4K-1.2M-8.3K0.0184.47N/AN/A659828,8941,401