KNOP Options History — November 2013

In November 2013, KNOP traded between $25.41 and $28.05. ATM implied volatility averaged 51.1%, placing in the 27.2% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 31.9% (HV 20d: 19.2%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-11-19: Highest Volume — 20 contracts
  • 2013-11-07: Largest IV spike — 183.7% change
  • 2013-11-07: Highest IV Rank — 71.5%
  • 2013-11-25: Largest Expected Move — 25.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.29$25.41$28.05$25.41$28.05
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV51.1%19.6%103.6%19.6%33.2%
Expected Move11.7%5.6%25.8%5.6%9.5%
HV 20d19.2%14.6%21.6%21.1%21.6%
HV 60d20.7%19.8%22.7%22.7%22.0%
IV Rank27.2%0.7%71.5%0.7%12.1%
IV Percentile78.5%2.2%99.3%2.2%61.4%
Term Structure-7.7%-21.8%18.7%18.7%-4.8%
VWIV8.7%8.7%8.7%8.7%8.7%
Skew 25d0.0%-36.0%26.1%1.0%8.2%
Skew 10d9.1%-3.0%56.9%-2.8%-3.0%
Call IV 25d43.7%26.6%114.1%32.4%26.6%
Put IV 25d43.8%24.3%117.5%33.4%34.8%
Bid-Ask Spread %136.22120.87146.12134.02128.84
Gamma HHI0.550.400.680.570.53
Net GEX502-2.2K3.6K3.6K-471
Net DEX-21.2K-67.8K31.6K-26.7K-7.6K
Net VEX-235-310-105-263-119
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.65020100
Total OI113.259213012096

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-11-01$25.41$25.0019.6%5.6%21.1%0.7%8.7%1.0%18.7%3.6K-26.7K-2630.00134.021003288
2013-11-04$25.50$0.0050.3%9.1%21.0%26.6%0.0%-4.0%-3.5%1.1K-34.3K-3100.00143.60004288
2013-11-05$25.59$0.0035.8%8.4%21.0%14.3%0.0%-2.0%-1.8%3.2K-45.0K-2670.00138.52004288
2013-11-06$25.66$0.0036.5%7.5%20.8%14.9%0.0%-1.6%-0.7%3.3K-48.2K-2550.00129.84004288
2013-11-07$25.84$0.00103.6%15.4%20.7%71.5%0.0%17.2%-3.7%-155-37.0K-3090.00141.61004288
2013-11-08$25.96$0.0047.3%8.8%20.7%24.0%0.0%1.4%-4.1%2.4K-48.9K-2940.00141.17004288
2013-11-11$25.77$0.0055.3%7.5%20.2%30.7%0.0%-3.0%-1.4%2.9K-52.3K-2220.00129.34004288
2013-11-12$25.86$0.0052.7%6.6%20.1%28.6%0.0%-2.3%-2.7%3.5K-53.7K-2510.00120.87004288
2013-11-13$25.99$0.0069.7%7.4%15.5%42.9%0.0%-1.7%-2.9%3.0K-55.8K-2450.00128.13004288
2013-11-14$26.05$0.0036.9%10.6%15.1%15.2%0.0%1.2%-6.5%3.1K-57.5K-2470.00145.03004288
2013-11-15$26.55$0.0077.6%22.2%15.9%49.5%0.0%3.5%-16.3%-2.2K-67.8K-2950.00144.61004288
2013-11-18$26.30$0.0043.9%12.6%14.6%21.1%0.0%-7.9%-16.5%-2.2K16.8K-2080.00144.5500488
2013-11-19$27.00$0.0029.8%8.5%15.6%9.2%0.0%-0.1%-7.7%-1.1K664-1050.00123.08020488
2013-11-20$26.24$0.0039.9%11.4%19.3%17.7%0.0%26.1%-12.4%-2.2K18.4K-2290.00145.2510489
2013-11-21$26.53$0.0085.0%24.4%19.5%55.8%0.0%3.5%-20.1%-2.1K31.6K-3050.00146.1200589
2013-11-22$26.32$0.0045.0%12.9%19.8%22.1%0.0%-36.0%-14.9%-2.1K17.7K-2300.00145.6400589
2013-11-25$27.00$0.0090.0%25.8%20.6%60.0%0.0%-2.3%-21.8%-2.0K24.3K-2620.00138.7500589
2013-11-26$26.84$0.0033.2%9.5%19.9%12.1%0.0%-3.1%-9.8%-1.1K4.5K-1450.00129.6020589
2013-11-27$27.43$0.0036.0%10.3%20.9%14.5%0.0%2.8%-20.9%-531-3.5K-1390.00125.7700789
2013-11-29$28.05$0.0033.2%9.5%21.6%12.1%0.0%8.2%-4.8%-471-7.6K-1190.00128.8400789