KNOP Options History — October 2018

In October 2018, KNOP traded between $20.34 and $21.71. ATM implied volatility averaged 19.8%, placing in the 29.4% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 5.3% (HV 20d: 14.5%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 8 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 3.83.

Notable Days

  • 2018-10-02: Highest Volume — 1,021 contracts
  • 2018-10-05: Largest IV spike — 106.9% change
  • 2018-10-26: Highest IV Rank — 56.0%
  • 2018-10-26: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.27$20.34$21.71$21.71$20.44
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV19.8%10.0%31.0%13.9%28.5%
Expected Move5.6%2.9%8.9%4.0%8.2%
HV 20d14.5%11.0%20.8%20.8%14.4%
HV 60d15.6%15.1%16.1%15.9%15.9%
IV Rank29.4%6.3%56.0%15.5%50.0%
IV Percentile44.4%2.0%93.7%10.7%88.1%
Term Structure0.3%-7.1%8.1%1.7%-5.3%
VWIV22.1%13.6%31.0%14.8%28.7%
Skew 25d9.9%-4.6%20.3%-1.3%8.9%
Skew 10d11.4%0.1%30.5%0.1%12.2%
Call IV 25d16.3%9.3%23.9%16.9%19.6%
Put IV 25d26.2%13.9%38.9%15.7%28.6%
Bid-Ask Spread %38.5723.9356.4032.3023.93
Gamma HHI0.570.480.860.680.77
Net GEX-23.2K-95.1K122.8K122.8K-95.1K
Net DEX2.2M1.2M2.9M1.2M2.5M
Net VEX-9.2K-11.0K-8.3K-9.5K-9.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.830.838.284.010.83
Total Volume470.7391841,021551262
Total OI4,429.4782,5325,4404,8073,091

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-10-01$21.71$22.5013.9%4.0%20.8%15.5%14.8%-1.3%1.7%122.8K1.2M-9.5K4.0132.301104412,2142,593
2018-10-02$21.49$22.5010.2%2.9%20.5%6.6%15.4%1.2%7.7%52.5K1.6M-8.3K8.2837.491109112,1722,593
2018-10-03$21.70$22.5010.0%2.9%19.9%6.3%13.6%-4.6%8.1%73.2K2.0M-10.0K6.2541.171137062,1723,068
2018-10-04$21.48$22.5010.7%4.3%19.6%7.8%13.8%5.6%-0.7%9.9K2.3M-9.3K5.8744.131136632,1753,066
2018-10-05$21.47$22.5022.1%3.3%18.8%34.8%14.3%14.2%7.7%-14.0K2.0M-11.0K5.8637.751136622,1763,097
2018-10-08$21.53$22.5013.2%4.5%11.0%13.9%13.9%3.1%-1.6%18.6K2.5M-8.9K6.0443.461136832,1763,122
2018-10-09$21.56$22.5019.3%4.4%11.1%28.2%13.8%7.7%-1.1%23.3K2.2M-9.7K6.2138.691137022,1763,136
2018-10-10$21.22$22.5027.0%7.8%11.7%46.6%16.0%7.9%-5.1%-46.4K2.5M-9.9K6.6131.711137472,1763,156
2018-10-11$21.39$22.5017.5%5.0%12.2%23.9%19.5%8.7%-1.1%-20.1K2.4M-9.5K2.2744.301172652,1763,198
2018-10-12$21.30$22.5019.2%5.5%11.9%28.0%22.9%7.1%-3.1%-43.1K2.4M-10.1K2.3343.481152682,1813,209
2018-10-15$21.46$22.5014.2%4.1%12.3%16.2%22.7%17.8%8.1%-14.0K2.0M-9.7K3.2434.28682202,1813,188
2018-10-16$21.69$22.5016.2%4.7%12.9%20.9%23.1%7.0%-2.1%53.2K2.0M-9.1K3.8955.97622412,2013,188
2018-10-17$21.69$22.5014.9%4.3%12.9%17.8%25.7%17.1%7.3%50.2K2.0M-8.8K3.4956.40712482,2023,213
2018-10-18$21.53$22.5016.7%4.8%13.1%22.0%22.2%9.3%-0.3%-2.2K2.3M-8.8K2.6439.61942482,2273,213
2018-10-19$21.53$22.5015.5%4.4%12.9%19.1%24.3%16.4%6.9%-87.4K2.6M-8.3K2.6134.70952482,2273,213
2018-10-22$21.47$22.5016.7%4.8%11.9%22.2%23.5%17.3%6.5%-90.9K1.8M-8.5K1.9733.89621226541,878
2018-10-23$21.38$22.5019.8%5.7%12.0%29.4%30.2%20.3%4.8%-80.7K1.9M-8.5K3.5134.06822886711,884
2018-10-24$20.83$22.5030.0%8.6%14.8%53.6%29.7%10.7%-6.6%-80.6K2.3M-8.9K1.9936.77891777212,060
2018-10-25$20.79$22.5029.6%8.5%14.0%52.6%29.3%15.9%-7.1%-90.3K2.4M-8.8K3.4432.26541867342,128
2018-10-26$20.70$22.5031.0%8.9%14.0%56.0%31.0%18.5%-6.8%-89.6K2.5M-8.7K3.9937.78672677162,168
2018-10-29$20.34$22.5030.1%8.6%15.0%53.9%30.2%15.1%-6.3%-86.8K2.8M-8.6K1.5346.03831277212,274
2018-10-30$20.46$22.5028.9%8.3%15.1%51.0%28.9%3.7%-5.2%-94.9K2.9M-8.8K1.3226.92811077512,342
2018-10-31$20.44$22.5028.5%8.2%14.4%50.0%28.7%8.9%-5.3%-95.1K2.5M-9.2K0.8323.931431197492,342