KNOP Options History — July 2014

In July 2014, KNOP traded between $26.71 and $28.66. ATM implied volatility averaged 23.8%, placing in the 4.2% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 1.4% (HV 20d: 22.4%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-07-15: Highest Volume — 45 contracts
  • 2014-07-28: Largest IV spike — 24.2% change
  • 2014-07-09: Highest IV Rank — 6.9%
  • 2014-07-30: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.20$26.71$28.66$28.19$26.71
Max Pain$25.91$25.00$30.00$30.00$30.00
ATM IV23.8%20.1%27.8%21.2%27.4%
Expected Move6.7%5.8%7.9%6.1%7.8%
HV 20d22.4%7.6%31.9%31.9%18.1%
HV 60d24.7%21.9%26.7%26.7%23.5%
IV Rank4.2%1.6%6.9%2.4%6.7%
IV Percentile12.2%2.4%25.8%4.0%25.4%
Term Structure-4.7%-12.3%3.6%2.9%-5.8%
Skew 25d2.3%-5.7%13.5%11.9%5.4%
Skew 10d3.7%-4.5%16.2%15.3%4.5%
Call IV 25d22.6%18.5%26.2%20.0%25.1%
Put IV 25d24.9%19.0%33.9%32.0%30.5%
Bid-Ask Spread %115.88108.96120.12109.15113.47
Gamma HHI0.890.840.990.900.99
Net GEX18.9K10.7K26.7K13.6K10.7K
Net DEX-148.1K-216.6K-46.3K-94.9K-46.3K
Net VEX-964-1.2K-620-802-620
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume6.455045105
Total OI270.818222301222279

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-07-01$28.19$30.0021.2%6.1%31.9%2.4%0.0%11.9%2.9%13.6K-94.9K-8020.00109.1510018636
2014-07-02$28.36$30.0020.8%6.0%31.6%2.2%0.0%13.5%2.9%15.0K-124.2K-8580.00108.9625019536
2014-07-03$28.10$30.0020.6%5.9%30.1%2.0%0.0%9.9%3.6%14.5K-126.2K-9630.00110.940022036
2014-07-07$28.10$25.0025.3%6.1%30.1%5.3%0.0%-1.0%-7.1%15.7K-117.7K-8780.00118.560022036
2014-07-08$28.03$25.0027.5%7.0%29.7%6.7%0.0%-5.5%-12.2%15.3K-116.2K-8820.00120.050022036
2014-07-09$28.21$25.0027.8%6.9%29.6%6.9%0.0%-2.8%-11.3%16.4K-128.8K-9170.00118.830022036
2014-07-10$28.08$25.0024.9%7.1%29.7%5.0%0.0%-4.3%-11.8%15.6K-116.8K-8720.00118.560022036
2014-07-11$27.98$25.0025.0%7.2%29.6%5.0%0.0%-5.7%-12.3%14.9K-111.2K-8570.00119.310022036
2014-07-14$28.22$25.0024.3%7.0%29.7%4.6%0.0%-3.4%-6.5%15.7K-114.0K-8440.00115.630022036
2014-07-15$28.35$25.0023.8%6.8%27.6%4.2%0.0%-2.2%-10.0%17.2K-138.3K-8780.00114.0545022036
2014-07-16$28.42$25.0023.2%6.6%26.5%3.8%0.0%-1.7%-0.2%20.2K-216.6K-1.2K0.00116.330026536
2014-07-17$28.48$25.0020.6%5.9%24.3%2.0%0.0%2.9%-1.2%22.2K-183.9K-1.1K0.00118.280026536
2014-07-18$28.41$25.0024.8%7.1%24.2%4.9%0.0%-2.5%-8.0%21.9K-202.8K-1.1K0.00117.730026526
2014-07-21$28.63$25.0021.3%6.1%23.6%2.5%0.0%4.7%1.3%24.9K-199.0K-1.1K0.00117.4410025016
2014-07-22$28.60$25.0023.6%6.8%19.7%4.0%0.0%3.5%-6.9%23.5K-199.7K-1.1K0.00120.120024616
2014-07-23$28.66$25.0020.6%5.9%8.2%2.0%0.0%4.1%-1.8%25.0K-187.4K-1.0K0.00118.5037024616
2014-07-24$28.52$25.0020.1%5.8%7.6%1.6%0.0%6.0%-2.2%26.7K-198.9K-1.2K0.00114.390028316
2014-07-25$28.04$25.0021.2%6.1%9.8%2.4%0.0%1.5%-2.4%22.1K-159.2K-1.1K0.00113.830028316
2014-07-28$28.18$25.0026.4%7.6%9.8%6.0%0.0%6.0%-3.1%22.9K-172.6K-1.1K0.00116.690028316
2014-07-29$28.20$25.0025.0%7.2%9.8%5.0%0.0%2.9%-3.4%22.9K-165.5K-1.1K0.00113.140028316
2014-07-30$27.88$25.0027.6%7.9%10.6%6.8%0.0%7.6%-6.8%19.7K-138.5K-9130.00115.3010028316
2014-07-31$26.71$30.0027.4%7.8%18.1%6.7%0.0%5.4%-5.8%10.7K-46.3K-6200.00113.475026316