Oops…thought the post was about the sign, not the word.
Nope. It’s considered offensive in some countries and recently associated with White Power.
TL;DR Don’t use it as you don’t know how it will be taken.
"While widespread use of the OK gesture has granted it an international connotation of assent, it also bears negative, vulgar, or offensive meanings in many regions of the world.[28] In contrast to Japan’s use of the expression to represent coins and wealth, the gesture’s “O” shape stands for “zero” meaning “worth nothing” in France and Tunisia.[23][29] In many Mediterranean countries such as Turkey, Tunisia, and Greece, as well as in the Middle East, parts of Germany, and many parts of Latin America, the gesture may be interpreted as a vulgar expression resembling a human anus, referring to sex, either as an insult (“You are an asshole”), or a homophobic reaction to a symbol of homosexuality and the act of sodomy.[11] In Brazil it can be synonymous with giving someone the middle finger.[30][31]
In Kuwait and other parts of the Arab world, this sign represents the evil eye and is used as a curse, sometimes in conjunction with verbal condemnation.[32][33][34]"
"White power symbol
In 2017, users on the message-board site 4chan[40][41][42] aimed to convince the media that the OK gesture was being used as a white power movement symbol.[40][43] According to The Boston Globe, users on 4chan’s /pol/ (“Politically Incorrect”) board were instructed in February 2017 to “flood Twitter and other social media websites…claiming that the OK hand sign is a symbol of white supremacy,” as part of a campaign dubbed “Operation O-KKK”.[37]
The association of the gesture with white supremacy derived from the assertion that the three upheld fingers resemble a ‘W’ and the circle made with the thumb and forefinger resemble the head of a ‘P’, together standing for “White Power” (when performed with left hand).[44] While some members of the alt-right used the symbol after the launch of the 4chan campaign, it remained ambiguous whether or not it was being used to communicate genuine adherence to white supremacy, or with deliberately ironic motives.[45] According to the Anti-Defamation League (ADL):"
https://en.wikipedia.org/wiki/OK_gesture