KNOP Options History — October 2014

In October 2014, KNOP traded between $20.90 and $26.00. ATM implied volatility averaged 30.4%, placing in the 10.0% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded below realized volatility by 11.5% (HV 20d: 41.9%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 19 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.96.

Notable Days

  • 2014-10-30: Highest Volume — 238 contracts
  • 2014-10-15: Largest IV spike — 60.0% change
  • 2014-10-15: Highest IV Rank — 37.1%
  • 2014-10-14: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.23$20.90$26.00$25.05$24.02
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV30.4%19.1%70.1%24.9%28.0%
Expected Move6.6%5.6%8.9%6.0%6.5%
HV 20d41.9%19.4%61.1%19.9%61.1%
HV 60d30.1%19.8%38.3%19.9%38.3%
IV Rank10.0%2.3%37.1%6.3%8.4%
IV Percentile39.2%4.8%85.3%27.0%37.7%
Term Structure-3.2%-13.7%5.7%-3.7%-12.2%
VWIV23.1%17.1%29.8%21.7%24.1%
Skew 25d1.7%-6.0%11.7%-4.6%7.8%
Skew 10d3.2%-6.9%15.9%-4.9%8.8%
Call IV 25d30.1%22.1%39.0%35.9%31.5%
Put IV 25d31.8%23.9%41.1%31.3%39.3%
Bid-Ask Spread %124.48103.62137.52136.45120.74
Gamma HHI0.550.290.900.650.66
Net GEX2.8K-79210.8K1.6K10.8K
Net DEX-5.6K-127.7K51.8K8.6K-79.5K
Net VEX-323-836-91-302-836
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.960.007.000.490.36
Total Volume66.43502380238
Total OI321.478127426406304

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-10-01$25.05$25.0024.9%6.0%19.9%6.3%0.0%-4.6%-3.7%1.6K8.6K-3020.00136.450038521
2014-10-02$25.05$25.0024.5%6.0%19.8%6.0%0.0%-3.8%-1.9%1.4K10.3K-2900.00137.520038521
2014-10-03$24.95$25.0025.0%5.9%19.6%6.3%0.0%-5.1%-3.4%73919.9K-2090.00133.770038521
2014-10-06$25.03$25.0026.9%5.9%19.8%7.7%0.0%-2.3%-2.2%1.3K11.3K-2680.00136.910038521
2014-10-07$24.97$25.0026.7%6.0%19.4%7.5%0.0%-1.9%-3.1%45019.0K-2020.00136.210038521
2014-10-08$24.51$25.0030.7%7.2%19.7%10.2%21.7%4.5%-2.7%2.8K3.1K-3620.49103.62613039530
2014-10-09$22.99$25.0030.8%7.2%28.3%10.3%0.0%3.9%0.5%56333.5K-1307.00125.931738521
2014-10-10$23.16$25.0038.6%6.8%26.3%15.6%23.2%11.3%1.9%-20244.3K-1340.48118.50623039627
2014-10-13$21.63$25.0038.8%6.2%34.0%15.7%17.1%-4.0%-4.4%21227.0K-960.00129.040338618
2014-10-14$20.90$25.0043.8%8.9%35.0%19.2%29.8%-6.0%2.5%77443.6K-990.53115.48623339630
2014-10-15$21.65$25.0070.1%7.6%38.6%37.1%27.9%3.2%-13.7%-24751.8K-910.49123.99673339630
2014-10-16$22.88$25.0029.0%7.1%45.0%9.1%0.0%1.7%-3.2%72422.7K-1410.00129.036039121
2014-10-17$24.90$25.0027.1%5.6%55.3%7.8%0.0%1.0%-3.0%2.5K-14.4K-2680.00129.090039016
2014-10-20$25.18$25.0019.1%5.9%55.0%2.3%0.0%4.0%5.7%2.4K-15.6K-2380.00125.875011116
2014-10-21$24.24$25.0030.5%6.4%55.7%10.1%21.4%-1.4%-6.2%1.4K2.4K-2610.54119.57522811725
2014-10-22$24.19$25.0029.2%6.9%55.7%9.2%23.0%8.7%-8.1%-79231.1K-3351.08119.40525611753
2014-10-23$25.15$25.0020.9%7.0%57.5%3.5%20.8%11.7%-3.0%-31013.7K-3061.14118.93495611753
2014-10-24$26.00$25.0026.0%5.6%58.7%7.0%19.7%2.2%0.8%2.3K-25.3K-3830.47112.901205611953
2014-10-27$25.73$25.0024.4%6.6%58.9%5.9%0.0%0.6%-0.9%10.8K-127.7K-5940.00123.590018744
2014-10-28$25.73$25.0027.2%6.7%58.8%7.8%0.0%-3.0%-7.6%9.8K-122.3K-6280.00127.120018744
2014-10-29$24.77$25.0027.9%7.3%60.5%8.3%23.1%0.5%0.5%7.7K-58.4K-6430.53122.751206318853
2014-10-30$24.65$25.0029.0%7.3%60.5%9.0%25.7%9.6%-5.9%7.0K-26.8K-6170.36116.591756318860
2014-10-31$24.02$25.0028.0%6.5%61.1%8.4%24.1%7.8%-12.2%10.8K-79.5K-8360.36120.741756324460