KNOP Options History — April 2014

In April 2014, KNOP traded between $27.26 and $29.00. ATM implied volatility averaged 72.9%, placing in the 45.6% IV rank vs the trailing year. The 30-day expected move averaged 17.8%. IV traded above realized volatility by 55.2% (HV 20d: 17.7%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-04-22: Highest Volume — 2 contracts
  • 2014-04-23: Largest IV spike — 223.0% change
  • 2014-04-08: Highest IV Rank — 99.7%
  • 2014-04-03: Largest Expected Move — 29.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.97$27.26$29.00$28.50$28.07
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV72.9%25.8%137.2%96.5%63.2%
Expected Move17.8%6.0%29.4%27.7%18.1%
HV 20d17.7%11.8%26.2%11.8%26.2%
HV 60d19.0%17.8%21.6%18.7%21.6%
IV Rank45.6%5.9%99.7%65.5%37.4%
IV Percentile82.1%18.8%99.6%97.5%82.1%
Term Structure-19.8%-67.8%21.9%-39.5%11.4%
Skew 25d5.4%-73.5%56.8%-10.5%56.8%
Skew 10d3.0%-78.0%86.0%-69.2%22.2%
Call IV 25d75.4%21.0%139.4%111.5%89.2%
Put IV 25d80.9%25.0%162.4%100.9%146.0%
Bid-Ask Spread %133.81115.16143.56132.29133.19
Gamma HHI0.580.420.830.510.55
Net GEX37331629295284
Net DEX-10.7K-19.6K-2.9K-19.6K-12.8K
Net VEX-136-161-86-161-148
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0950200
Total OI29.14323323225

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-04-01$28.50$22.5096.5%27.7%11.8%65.5%0.0%-10.5%-39.5%295-19.6K-1610.00132.29001715
2014-04-02$28.50$22.5059.8%17.2%11.8%34.6%0.0%17.4%-9.8%485-16.3K-1550.00121.85001715
2014-04-03$28.20$22.50102.5%29.4%12.2%70.6%0.0%40.7%-47.3%486-7.2K-1310.00139.30001715
2014-04-04$28.20$0.00105.9%6.0%12.2%73.4%0.0%10.0%7.9%578-10.5K-1390.00118.26001715
2014-04-07$27.53$0.00118.6%18.6%14.7%84.1%0.0%8.2%-24.4%199-13.4K-1580.00141.22001715
2014-04-08$27.26$0.00137.2%21.0%14.8%99.7%0.0%7.5%-20.9%31-10.4K-1520.00143.56001715
2014-04-09$27.39$0.0063.6%12.4%14.9%37.7%0.0%2.0%-15.7%548-7.8K-1320.00137.09001715
2014-04-10$27.65$0.0069.1%19.8%14.6%42.4%0.0%33.3%-28.9%173-12.0K-1550.00141.44001715
2014-04-11$27.32$0.0047.1%13.5%15.0%23.9%0.0%-25.9%-16.6%343-10.2K-1410.00139.77001715
2014-04-14$27.50$0.0077.4%22.2%15.3%49.4%0.0%9.1%-27.3%210-18.7K-1410.00137.35001715
2014-04-15$27.31$0.0046.7%13.4%15.4%23.5%0.0%-6.1%-14.4%456-9.6K-1310.00136.70001715
2014-04-16$28.36$0.0049.1%14.1%20.6%25.5%0.0%27.1%21.9%90-13.8K-860.00131.26001715
2014-04-17$27.94$0.0074.5%21.4%21.3%46.9%0.0%-73.5%-67.8%391-13.0K-1100.00132.34001715
2014-04-21$28.24$0.0080.1%23.0%21.4%51.6%0.0%-7.0%-34.0%629-2.9K-1120.00136.39001310
2014-04-22$28.23$0.0025.8%7.4%21.4%5.9%0.0%2.1%-4.7%559-4.2K-1190.00115.16201310
2014-04-23$28.09$0.0083.4%23.9%21.3%54.5%0.0%9.8%-37.5%284-12.8K-1520.00141.49001510
2014-04-24$27.81$0.0036.0%10.3%21.5%14.5%0.0%-2.4%-3.7%565-3.1K-1240.00126.42001510
2014-04-25$28.10$0.0034.8%10.0%20.8%13.5%0.0%2.8%-4.2%597-3.6K-1200.00124.02001510
2014-04-28$28.10$0.0062.8%18.0%20.7%37.0%0.0%1.7%-13.8%349-8.6K-1470.00139.63001510
2014-04-29$29.00$0.0096.3%27.6%23.4%65.3%0.0%10.9%-46.1%272-14.1K-1510.00141.34001510
2014-04-30$28.07$0.0063.2%18.1%26.2%37.4%0.0%56.8%11.4%284-12.8K-1480.00133.19001510