KNOP Options History — June 2015

In June 2015, KNOP traded between $19.23 and $23.76. ATM implied volatility averaged 30.4%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded below realized volatility by 2.4% (HV 20d: 32.8%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 1.17.

Notable Days

  • 2015-06-29: Highest Volume — 375 contracts
  • 2015-06-10: Largest IV drop — 32.5% change
  • 2015-06-29: Highest IV Rank — 25.9%
  • 2015-06-29: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.70$19.23$23.76$23.50$19.23
Max Pain$24.66$22.50$25.00$22.50$25.00
ATM IV30.4%25.3%37.9%34.0%31.3%
Expected Move8.4%7.2%10.9%9.7%9.0%
HV 20d32.8%19.8%53.6%53.6%30.2%
HV 60d37.1%35.3%39.7%39.7%38.3%
IV Rank17.1%11.2%25.9%21.3%18.2%
IV Percentile53.0%27.0%82.1%72.6%59.1%
Term Structure0.3%-13.3%7.8%-13.3%-2.9%
VWIV29.3%25.0%37.8%33.2%33.7%
Skew 25d3.8%-2.8%10.4%1.1%0.4%
Skew 10d6.7%-6.1%19.9%6.9%-6.1%
Call IV 25d30.9%24.3%42.4%33.8%34.1%
Put IV 25d34.7%30.1%44.6%34.9%34.5%
Bid-Ask Spread %115.84109.17126.79118.73110.73
Gamma HHI0.600.350.750.590.35
Net GEX11.1K-1.7K19.4K15.3K3.6K
Net DEX255.2K105.6K462.9K105.6K429.7K
Net VEX-1.4K-1.6K-902-1.6K-952
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.861.391.210.86
Total Volume329.0910375322375
Total OI746.864651878679878

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-06-01$23.50$22.5034.0%9.7%53.6%21.3%33.2%1.1%-13.3%15.3K105.6K-1.6K1.21118.73146176397282
2015-06-02$23.50$22.5030.5%8.8%52.9%17.3%0.0%2.4%-5.3%15.5K167.4K-1.5K0.00123.2000361290
2015-06-03$23.56$22.5035.1%10.1%52.9%22.6%35.5%1.7%-3.0%13.8K197.8K-1.4K0.99116.94177176377290
2015-06-04$23.42$25.0032.2%7.9%51.9%19.2%27.1%4.5%-0.3%15.2K178.1K-1.5K1.10117.73177194413290
2015-06-05$23.15$25.0028.5%7.3%49.8%14.9%26.3%-0.9%5.9%12.4K228.1K-1.6K1.10112.90177194413306
2015-06-08$23.08$25.0034.6%7.5%35.7%22.0%25.5%5.0%3.7%11.5K247.1K-1.5K1.10119.35177194413306
2015-06-09$23.14$25.0037.8%7.7%34.7%25.8%26.7%3.1%2.6%11.9K243.4K-1.5K1.10123.75177194413306
2015-06-10$23.04$25.0025.5%7.3%34.7%11.5%25.3%-2.8%4.1%10.2K268.2K-1.4K1.10126.79177194413306
2015-06-11$22.99$25.0026.6%7.6%33.8%12.7%26.4%3.9%3.5%10.2K272.5K-1.4K1.31125.09148194413306
2015-06-12$23.09$25.0028.4%8.1%31.3%14.8%30.4%7.4%3.7%12.9K230.9K-1.5K1.33114.75146194420306
2015-06-15$23.25$25.0028.8%8.3%29.7%15.3%30.6%7.1%3.8%13.8K209.1K-1.5K1.35114.25144194425306
2015-06-16$23.25$25.0032.7%9.4%19.8%19.8%33.9%7.3%-0.6%13.8K200.2K-1.5K1.35112.36144195428306
2015-06-17$23.76$25.0026.8%7.7%21.1%13.0%27.1%5.1%-8.2%19.4K140.4K-1.5K0.95111.35187177428307
2015-06-18$23.02$25.0027.9%8.0%23.4%14.3%28.1%4.7%-2.0%12.8K241.7K-1.5K1.26115.42147185464307
2015-06-19$23.29$25.0028.5%8.2%23.0%15.0%27.7%10.4%2.9%13.2K241.1K-1.5K1.39111.29142198474315
2015-06-22$23.40$25.0025.3%7.2%22.7%11.2%25.0%7.1%7.1%15.0K227.5K-1.6K1.35114.82127171473303
2015-06-23$23.00$25.0028.4%8.1%21.1%14.8%28.5%3.8%0.6%13.3K232.1K-1.6K1.30112.63132171473303
2015-06-24$22.41$25.0027.6%7.9%22.2%13.9%28.2%3.0%2.9%6.8K291.7K-1.5K1.30112.37132171488303
2015-06-25$21.74$25.0028.5%8.2%21.5%14.9%29.6%-2.2%-2.3%3.9K360.0K-1.3K1.30111.70132171488303
2015-06-26$20.76$25.0031.6%9.1%26.1%18.6%29.4%8.1%7.8%-1.7K462.9K-9020.95113.11184174488303
2015-06-29$19.90$25.0037.9%10.9%29.0%25.9%37.8%2.7%-4.9%752437.8K-1.0K0.86109.17202173541306
2015-06-30$19.23$25.0031.3%9.0%30.2%18.2%33.7%0.4%-2.9%3.6K429.7K-9520.86110.73202173573305