KNOP Options History — October 2016

In October 2016, KNOP traded between $19.70 and $21.04. ATM implied volatility averaged 30.8%, placing in the 12.0% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded below realized volatility by 1.0% (HV 20d: 31.8%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2016-10-06: Highest Volume — 486 contracts
  • 2016-10-12: Largest IV spike — 31.7% change
  • 2016-10-31: Highest IV Rank — 15.7%
  • 2016-10-31: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.56$19.70$21.04$20.37$19.70
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV30.8%22.1%37.0%24.5%37.0%
Expected Move9.1%7.0%10.6%7.0%10.6%
HV 20d31.8%25.0%41.0%41.0%27.6%
HV 60d31.3%30.3%32.3%31.4%31.7%
IV Rank12.0%6.9%15.7%8.3%15.7%
IV Percentile23.1%2.8%41.7%7.1%41.7%
Term Structure-2.2%-8.0%6.6%6.6%-4.0%
VWIV24.0%17.5%34.2%24.8%34.2%
Skew 25d6.5%-3.2%16.8%1.1%-3.2%
Skew 10d16.4%2.5%47.8%2.5%47.8%
Call IV 25d24.7%19.8%33.6%23.7%33.6%
Put IV 25d31.2%24.9%38.2%24.9%30.4%
Bid-Ask Spread %101.3195.95107.9098.27102.72
Gamma HHI0.670.410.830.790.46
Net GEX115.0K4.3K224.2K188.1K5.4K
Net DEX-1.8M-3.1M-13.1K-2.3M-13.1K
Net VEX-4.7K-6.3K-3.5K-6.3K-3.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.290.940.330.50
Total Volume369.857279486395353
Total OI2,537.8571,3383,0972,9561,464

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-10-03$20.37$20.0024.5%7.0%41.0%8.3%24.8%1.1%6.6%188.1K-2.3M-6.3K0.3398.27298972,237719
2016-10-04$20.40$20.0025.7%7.4%41.0%9.0%26.0%1.4%4.3%183.3K-2.3M-6.1K0.2997.60298862,234729
2016-10-05$20.57$20.0028.3%8.1%39.9%10.5%29.1%7.1%1.4%175.6K-2.4M-5.9K0.3799.08265972,231729
2016-10-06$20.72$20.0024.4%8.1%40.0%8.2%26.5%5.2%1.4%183.6K-2.8M-5.3K0.83107.902652212,228718
2016-10-07$20.51$20.0022.1%8.4%34.1%6.9%19.6%5.9%-1.9%184.0K-2.3M-6.0K0.32105.58265862,227859
2016-10-10$20.73$20.0026.3%8.3%32.9%9.4%20.9%11.8%-0.6%171.5K-2.6M-5.1K0.32102.883121012,224866
2016-10-11$20.75$20.0023.3%9.5%31.7%7.6%18.5%16.7%-7.8%174.9K-2.8M-5.1K0.32104.383141012,211886
2016-10-12$20.33$20.0030.6%8.8%32.7%12.0%22.8%5.3%-2.5%198.7K-2.0M-5.5K0.35104.013081092,184886
2016-10-13$20.50$20.0031.4%9.0%31.4%12.4%21.4%8.1%-1.6%224.2K-2.5M-5.1K0.35103.473081092,183896
2016-10-14$20.87$20.0033.5%9.6%31.0%13.7%17.5%9.9%-2.7%125.7K-3.1M-4.2K0.56101.321791002,183896
2016-10-17$20.95$20.0035.5%10.2%28.4%14.8%18.9%10.8%-4.7%96.9K-2.5M-4.2K0.60101.762511501,861902
2016-10-18$20.35$20.0034.2%9.8%30.6%14.0%26.9%1.0%-5.1%218.4K-1.9M-4.5K0.79102.742381872,002934
2016-10-19$20.85$20.0030.7%8.8%31.3%12.0%24.4%8.9%-1.0%103.4K-2.6M-4.0K0.94102.571801691,983974
2016-10-20$20.70$20.0033.4%9.6%31.3%13.6%26.0%4.7%-3.4%129.4K-2.5M-4.0K0.94101.761801691,987974
2016-10-21$20.50$20.0033.0%9.5%31.6%13.3%31.1%2.0%-5.1%6.3K-2.6M-3.5K0.72103.212381721,986974
2016-10-24$20.85$20.0033.8%9.7%26.5%13.8%22.9%9.5%-0.8%9.2K-281.5K-3.8K0.5995.95185110805533
2016-10-25$21.04$20.0035.0%10.0%26.2%14.6%17.8%16.8%-6.2%15.1K-368.4K-4.0K0.6296.50182112843541
2016-10-26$20.50$20.0031.0%8.9%25.0%12.1%24.5%4.0%-1.3%4.3K-173.6K-3.9K0.6797.92179120845546
2016-10-27$20.68$20.0036.4%10.4%25.0%15.3%20.7%10.0%-8.0%12.0K-279.0K-3.5K0.4996.03232114847563
2016-10-28$19.80$20.0036.1%10.3%29.0%15.2%30.5%-0.9%-2.7%4.4K-44.8K-3.8K0.56101.80209118842563
2016-10-31$19.70$20.0037.0%10.6%27.6%15.7%34.2%-3.2%-4.0%5.4K-13.1K-3.7K0.50102.72235118891573