KNOP Options History — October 2017

In October 2017, KNOP traded between $23.00 and $23.70. ATM implied volatility averaged 25.0%, placing in the 31.8% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 12.2% (HV 20d: 12.8%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 2.63.

Notable Days

  • 2017-10-16: Highest Volume — 573 contracts
  • 2017-10-09: Largest IV spike — 40.5% change
  • 2017-10-31: Highest IV Rank — 53.9%
  • 2017-10-31: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.45$23.00$23.70$23.30$23.40
Max Pain$24.66$22.50$25.00$22.50$25.00
ATM IV25.0%20.5%32.1%21.9%32.1%
Expected Move7.2%5.9%9.2%6.3%9.2%
HV 20d12.8%11.3%14.6%12.5%11.3%
HV 60d15.2%13.6%16.1%15.6%13.6%
IV Rank31.8%17.8%53.9%21.9%53.9%
IV Percentile58.4%23.8%95.6%34.9%95.6%
Term Structure-4.5%-11.6%6.1%6.1%-11.6%
VWIV21.9%12.2%30.7%21.2%30.7%
Skew 25d10.0%4.2%23.4%4.2%10.6%
Skew 10d16.4%6.1%42.0%37.9%12.6%
Call IV 25d16.7%13.4%20.8%18.2%20.7%
Put IV 25d26.7%20.7%39.2%22.3%31.2%
Bid-Ask Spread %83.9732.19104.6032.1991.21
Gamma HHI0.610.440.790.600.60
Net GEX-34.7K-47.7K-25.2K-34.2K-38.1K
Net DEX392.6K198.2K704.6K322.0K666.2K
Net VEX-4.8K-5.4K-3.9K-5.3K-5.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.630.854.552.150.85
Total Volume405.864193573451339
Total OI1,9201,2942,2232,0271,523

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-10-02$23.30$22.5021.9%6.3%12.5%21.9%21.2%4.2%6.1%-34.2K322.0K-5.3K2.1532.191433087341,293
2017-10-03$23.00$22.5021.5%6.2%13.2%20.7%20.8%6.5%3.5%-39.4K474.7K-5.4K2.2267.421433178141,293
2017-10-04$23.38$22.5021.5%6.2%14.6%20.7%21.1%7.0%0.8%-32.8K274.6K-5.0K2.2367.641453238141,316
2017-10-05$23.58$25.0022.1%6.7%14.6%22.7%15.0%13.2%-4.0%-28.0K302.2K-5.3K2.3667.311373238161,333
2017-10-06$23.55$25.0021.2%6.0%14.4%19.9%13.7%8.1%-1.6%-27.8K198.2K-4.9K2.3987.781373288161,333
2017-10-09$23.50$25.0029.8%7.6%14.0%46.7%16.8%8.9%-8.0%-42.3K306.9K-5.0K2.3896.751373268181,343
2017-10-10$23.40$25.0022.7%6.6%13.5%24.5%13.4%8.1%-4.5%-38.5K366.1K-5.1K2.2369.751413158181,342
2017-10-11$23.45$25.0026.6%7.6%13.4%36.6%12.2%11.6%-6.1%-31.6K322.2K-5.2K2.3468.841423328181,343
2017-10-12$23.50$25.0024.5%7.0%13.1%30.1%13.2%9.1%-6.6%-31.0K257.4K-4.7K2.2993.121413238211,342
2017-10-13$23.55$25.0020.8%6.0%12.5%18.6%19.5%9.1%-2.8%-36.9K241.2K-4.4K4.55100.10713238231,342
2017-10-16$23.65$25.0023.6%6.8%12.4%27.4%24.6%10.3%-2.0%-27.1K214.6K-4.9K2.2097.851793948351,342
2017-10-17$23.60$25.0020.5%5.9%12.3%17.8%21.7%7.3%-0.0%-27.2K400.5K-5.1K2.38100.271433408181,384
2017-10-18$23.51$25.0021.6%6.2%12.4%21.2%24.2%10.8%-0.8%-34.5K238.9K-4.5K2.6081.681433728261,384
2017-10-19$23.45$25.0025.1%7.2%12.1%31.9%25.1%8.3%-6.2%-34.7K308.6K-4.1K2.7081.711524108261,397
2017-10-20$23.45$25.0028.7%8.2%12.0%43.2%27.0%9.7%-7.9%-25.2K226.4K-4.7K3.9070.211054098501,368
2017-10-23$23.70$25.0030.3%8.7%12.2%48.4%24.3%23.4%-6.8%-25.4K486.7K-4.5K1.7567.6577135470824
2017-10-24$23.50$25.0026.3%7.5%12.4%35.7%26.2%11.9%-8.8%-31.2K512.3K-4.5K2.71100.2652141473840
2017-10-25$23.25$25.0025.9%7.4%12.7%34.4%28.0%15.2%-2.0%-47.7K670.8K-3.9K4.53102.2443195477863
2017-10-26$23.31$25.0028.7%8.2%11.4%43.1%28.1%6.8%-8.6%-44.0K704.6K-4.9K4.53102.4343195499937
2017-10-27$23.60$25.0028.6%8.2%12.2%42.9%27.6%7.8%-11.4%-43.3K544.7K-4.5K2.47104.6079195501937
2017-10-30$23.37$25.0026.6%7.6%12.3%36.5%26.4%11.6%-8.5%-42.6K597.8K-4.5K2.0396.3877156557937
2017-10-31$23.40$25.0032.1%9.2%11.3%53.9%30.7%10.6%-11.6%-38.1K666.2K-5.1K0.8591.21183156560963