OPP Stock Summary and Trading Ideas (Rivernorth/Doubleline Strategic Opportunity | NYSE:OPP)

RiverNorth/DoubleLine Strategic Opportunity Fund Inc is a closed-end management investment company. The company's investment objective is to seek current income and overall total return.

Rivernorth/Doubleline Strategic Opportunity trades on the NYSE stock market under the symbol OPP.

As of January 29, 2026, OPP stock price was flat at $7.85 with 138,008 million shares trading.

OPP has a beta of 0.18, meaning it tends to be less sensitive to market movements. OPP has a correlation of 0.16 to the broad based SPY ETF.

OPP has a market cap of $105.07 million. This is considered a Micro Cap stock.

In the last 3 years, OPP traded as high as $9.34 and as low as $7.26.

OPP has underperformed the market in the last year with a return of +6.0%, while the SPY ETF gained +16.0%. In the last 3 month period, OPP fell short of the market, returning -0.6%, while SPY returned +1.3%. However, in the most recent 2 weeks OPP has outperformed the stock market by returning +1.4%, while SPY returned +0.5%.

OPP support price is $7.80 and resistance is $7.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OPP shares will trade within this expected range on the day.