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 March 5, 2026, OPP stock price declined to $7.80 with 66,864 million shares trading.

OPP has a beta of 0.16, meaning it tends to be less sensitive to market movements. OPP has a correlation of 0.14 to the broad based SPY ETF.

OPP has a market cap of $104.40 million. This is considered a Micro Cap stock.

In the last 3 years, OPP traded as high as $9.30 and as low as $7.26.

OPP has underperformed the market in the last year with a price return of +2.0% while the SPY ETF gained +19.4%. However, in the short term, OPP had mixed performance relative to the market. It has outperformed in the last 3 months, returning +1.0% vs -0.2% return in SPY. But in the last 2 weeks, OPP shares have been beat by the market, returning -1.5% compared to an SPY return of -0.7%.

OPP support price is $7.77 and resistance is $7.87 (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.