KNOP Options History — November 2017

In November 2017, KNOP traded between $19.95 and $23.25. ATM implied volatility averaged 22.3%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded below realized volatility by 7.7% (HV 20d: 29.9%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.00.

Notable Days

  • 2017-11-07: Highest Volume — 879 contracts
  • 2017-11-03: Largest IV spike — 68.8% change
  • 2017-11-06: Highest IV Rank — 46.1%
  • 2017-11-24: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.06$19.95$23.25$22.85$20.20
Max Pain$22.62$22.50$25.00$25.00$22.50
ATM IV22.3%16.2%29.6%19.3%26.1%
Expected Move5.9%4.0%7.7%5.5%7.5%
HV 20d29.9%12.9%36.6%12.9%35.7%
HV 60d21.0%13.8%23.7%14.4%23.4%
IV Rank23.1%4.3%46.1%13.9%35.1%
IV Percentile41.0%1.6%92.1%15.5%72.6%
Term Structure-1.0%-12.8%9.6%3.5%-7.2%
VWIV20.3%13.3%28.6%16.8%26.2%
Skew 25d5.3%-4.6%23.9%5.5%-1.3%
Skew 10d13.0%-7.9%53.2%8.7%-2.6%
Call IV 25d20.3%10.7%28.8%27.1%26.5%
Put IV 25d25.6%17.7%40.4%32.6%25.1%
Bid-Ask Spread %99.7473.28113.00111.62101.24
Gamma HHI0.670.430.850.810.43
Net GEX-39.4K-133.6K10.9K-133.6K-39.4K
Net DEX1.8M518.5K2.4M823.7K2.4M
Net VEX-6.9K-10.2K-3.6K-3.7K-10.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.393.210.762.21
Total Volume404.476218879314593
Total OI2,624.4761,4473,6571,4473,657

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-11-01$22.85$25.0019.3%5.5%12.9%13.9%16.8%5.5%3.5%-133.6K823.7K-3.7K0.76111.62178136484963
2017-11-02$23.10$22.5017.5%4.8%13.1%8.4%13.3%10.7%9.6%-61.7K629.5K-4.6K0.78112.91143112543959
2017-11-03$23.16$22.5029.6%4.0%13.2%46.1%14.9%4.2%-1.4%-48.8K571.1K-5.0K0.83108.78135112560959
2017-11-06$23.25$22.5029.6%5.5%13.3%46.1%19.1%17.5%-1.9%-56.9K518.5K-4.5K1.06113.00106112555959
2017-11-07$21.60$22.5023.4%5.1%29.2%26.8%15.3%0.2%-3.7%-55.6K1.3M-3.6K3.21104.21209670555955
2017-11-08$21.10$22.5019.5%5.6%29.9%14.6%16.7%0.9%5.8%-60.8K2.1M-6.2K0.39106.404191646281,535
2017-11-09$21.03$22.5026.3%7.5%29.7%35.7%13.8%11.6%-8.6%-45.7K2.0M-6.6K0.74105.332221649211,602
2017-11-10$20.90$22.5021.0%6.0%29.6%19.2%21.7%-3.8%4.1%-42.0K2.0M-7.1K0.6893.262591779651,602
2017-11-13$21.03$22.5021.0%6.0%29.7%19.3%28.6%8.8%4.2%-45.9K2.1M-7.0K0.9487.372111991,0461,688
2017-11-14$19.95$22.5023.0%6.6%34.0%25.5%22.9%0.2%-2.3%-27.4K2.4M-6.0K0.51104.943341691,0351,697
2017-11-15$20.30$22.5026.7%7.6%35.2%36.8%26.6%10.5%-12.8%10.9K2.2M-7.0K0.68102.793232191,1731,771
2017-11-16$20.25$22.5021.7%6.2%35.2%21.4%22.1%23.9%-0.2%-12.0K2.3M-7.4K0.8393.802472051,2641,831
2017-11-17$20.20$22.5017.1%4.9%35.1%7.0%17.6%4.6%3.3%-23.7K2.4M-7.9K0.71102.481751251,2571,914
2017-11-20$20.65$22.5020.0%5.7%36.1%16.2%22.0%3.5%1.1%-26.2K1.8M-8.6K1.37108.891381891,1661,766
2017-11-21$20.45$22.5016.2%4.7%36.1%4.3%17.6%3.8%3.3%-34.1K2.0M-8.5K0.6484.43140901,1711,894
2017-11-22$20.65$22.5016.9%4.8%36.6%6.3%17.6%-4.6%2.8%-36.6K2.0M-8.7K0.5093.332241131,1831,899
2017-11-24$20.70$22.5026.7%7.7%36.6%36.9%26.3%15.1%-11.3%-21.6K2.0M-8.6K0.60100.981891131,2791,928
2017-11-27$20.54$22.5019.5%5.6%35.9%14.5%20.2%-4.1%-1.8%-20.9K2.1M-8.2K0.6385.001781131,2971,928
2017-11-28$20.25$22.5020.5%5.9%36.0%17.7%20.9%-0.8%-1.5%-23.4K2.1M-8.2K0.5773.281831051,3001,930
2017-11-29$20.05$22.5025.7%7.4%35.9%33.8%25.7%4.8%-6.0%-21.3K2.2M-8.1K2.25100.571854161,3161,979
2017-11-30$20.20$22.5026.1%7.5%35.7%35.1%26.2%-1.3%-7.2%-39.4K2.4M-10.2K2.21101.241854081,3652,292