KNOP Options History — August 2013

In August 2013, KNOP traded between $22.35 and $24.65. ATM implied volatility averaged 37.4%. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 4.5% (HV 20d: 32.9%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-08-19: Highest Volume — 20 contracts
  • 2013-08-29: Largest IV spike — 86.6% change
  • 2013-08-29: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.61$22.35$24.65$23.98$24.05
Max Pain$22.73$22.50$25.00$25.00$22.50
ATM IV37.4%21.3%58.5%28.2%21.3%
Expected Move8.7%6.1%15.5%8.1%6.1%
HV 20d32.9%25.8%38.9%34.6%27.9%
HV 60d28.1%26.5%28.9%26.5%28.3%
Term Structure-2.1%-21.8%40.1%-3.0%11.4%
VWIV27.5%19.5%33.5%25.2%19.5%
Skew 25d0.4%-39.1%15.4%1.5%10.9%
Skew 10d0.3%-11.7%32.9%-4.0%-2.1%
Call IV 25d28.9%15.1%65.9%29.8%17.3%
Put IV 25d29.2%18.5%67.4%31.3%28.2%
Bid-Ask Spread %129.64109.72153.24127.73127.74
Gamma HHI0.580.450.700.570.51
Net GEX-5.6K-7.2K-3.7K-5.9K-5.5K
Net DEX46.1K-24.4K92.5K52.8K13.5K
Net VEX-648-751-513-597-622
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.81802000
Total OI169.636144207146207

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-08-01$23.98$25.0028.2%8.1%34.6%0.0%0.0%1.5%-3.0%-5.9K52.8K-5970.00127.730018128
2013-08-02$23.86$25.0032.1%9.2%34.0%0.0%0.0%1.7%-4.9%-6.7K51.6K-5750.00127.900018128
2013-08-05$23.27$22.5052.0%9.3%35.4%0.0%0.0%4.7%-4.3%-6.1K69.5K-6260.00143.350518128
2013-08-06$23.00$22.5044.0%8.4%35.7%0.0%0.0%1.3%-3.8%-6.4K74.6K-6210.00141.300018127
2013-08-07$23.42$22.5043.4%7.1%36.2%0.0%0.0%0.2%-5.8%-7.0K66.6K-5880.00138.340018127
2013-08-08$23.00$22.5047.7%8.8%36.4%0.0%0.0%-0.6%-2.3%-4.9K77.1K-6350.00131.000018127
2013-08-09$22.35$22.5035.8%7.8%36.3%0.0%0.0%5.9%-3.5%-6.9K92.5K-6190.00133.540018127
2013-08-12$23.18$22.5049.7%6.2%38.8%0.0%0.0%2.5%5.0%-6.9K70.6K-5950.00126.5110018126
2013-08-13$22.92$22.5058.5%7.7%38.9%0.0%0.0%0.7%-3.1%-5.5K63.4K-6680.00129.870028126
2013-08-14$23.21$22.5043.4%6.6%38.5%0.0%25.2%8.0%6.1%-6.2K56.2K-6450.00112.450528126
2013-08-15$23.60$22.5032.5%9.3%37.4%0.0%28.5%2.3%-9.5%-5.6K50.0K-6600.00127.1701028130
2013-08-16$23.80$22.5031.3%9.0%37.1%0.0%31.2%-12.5%-14.5%-6.8K32.5K-5920.00121.4010028140
2013-08-19$23.46$22.5049.4%14.2%37.0%0.0%0.0%15.4%-21.8%-3.7K59.3K-7290.00153.2402038138
2013-08-20$23.65$22.5023.7%6.8%30.3%0.0%0.0%3.5%-4.5%-7.2K36.5K-6920.00129.410038148
2013-08-21$23.56$22.5030.8%8.8%27.0%0.0%27.3%1.8%-2.1%-6.1K51.8K-7500.00109.7210038148
2013-08-22$24.02$22.5028.6%8.2%28.0%0.0%0.0%-3.9%40.1%-4.0K30.0K-7510.00129.700048148
2013-08-23$24.06$22.5028.4%8.1%27.6%0.0%33.5%3.5%-6.9%-4.4K16.5K-6920.00120.950148148
2013-08-26$24.11$22.5023.8%6.8%26.1%0.0%0.0%6.0%9.6%-4.8K17.5K-6630.00135.600048149
2013-08-27$24.05$22.5035.0%10.0%25.8%0.0%0.0%1.6%-10.2%-4.1K20.5K-7070.00122.080048149
2013-08-28$24.65$22.5029.0%8.3%27.3%0.0%0.0%-7.6%-6.8%-4.3K-24.4K-5130.00113.100148149
2013-08-29$24.21$22.5054.0%15.5%27.8%0.0%19.5%-39.1%-12.0%-4.3K36.2K-7170.00150.0401248150
2013-08-30$24.05$22.5021.3%6.1%27.9%0.0%0.0%10.9%11.4%-5.5K13.5K-6220.00127.740046161