KNOP Options History — June 2016

In June 2016, KNOP traded between $17.14 and $19.35. ATM implied volatility averaged 35.8%, placing in the 15.0% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 7.2% (HV 20d: 28.6%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 1.10.

Notable Days

  • 2016-06-14: Highest Volume — 370 contracts
  • 2016-06-13: Largest IV spike — 35.6% change
  • 2016-06-30: Highest IV Rank — 19.0%
  • 2016-06-30: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.21$17.14$19.35$18.64$18.41
Max Pain$17.61$17.50$20.00$20.00$17.50
ATM IV35.8%27.1%42.6%38.1%42.6%
Expected Move10.0%7.8%12.2%10.9%12.2%
HV 20d28.6%20.6%37.5%37.5%33.8%
HV 60d36.2%34.8%39.0%39.0%36.0%
IV Rank15.0%9.9%19.0%16.4%19.0%
IV Percentile18.1%1.6%40.5%25.8%40.5%
Term Structure4.1%-9.1%13.9%-9.1%0.5%
VWIV37.8%31.1%47.1%40.8%47.1%
Skew 25d9.4%-6.6%56.6%8.5%8.9%
Skew 10d24.8%-2.0%85.5%21.7%18.9%
Call IV 25d35.8%26.0%45.8%31.0%37.9%
Put IV 25d45.2%30.2%102.4%39.4%46.8%
Bid-Ask Spread %105.1698.85114.03114.03109.80
Gamma HHI0.590.400.850.690.85
Net GEX18.7K4.9K31.1K19.0K25.5K
Net DEX-470.0K-839.0K-92.3K-530.2K-659.8K
Net VEX-3.2K-3.8K-2.7K-3.2K-3.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.411.681.130.73
Total Volume275.773227370260292
Total OI1,966.1361,8342,2251,8652,225

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-06-01$18.64$20.0038.1%10.9%37.5%16.4%40.8%8.5%-9.1%19.0K-530.2K-3.2K1.13114.031221388451,020
2016-06-02$18.67$17.5038.6%8.5%36.5%16.7%33.7%4.5%13.9%20.2K-542.6K-3.3K1.53103.1490138846988
2016-06-03$18.67$17.5039.0%9.0%28.0%16.9%37.8%13.9%1.2%20.6K-498.9K-3.4K1.44108.8599143850988
2016-06-06$19.04$17.5029.8%8.6%26.8%11.5%34.5%10.2%-0.2%24.7K-653.1K-3.4K1.25101.30113141860993
2016-06-07$19.35$17.5032.1%8.9%24.5%12.8%31.4%5.6%-1.2%31.1K-839.0K-3.1K1.19101.93113135875995
2016-06-08$19.01$17.5034.1%9.8%20.6%14.0%34.1%-1.1%-0.4%26.8K-778.8K-3.2K1.22103.53113138875998
2016-06-09$18.50$17.5033.6%9.6%21.8%13.7%34.4%6.0%5.7%22.4K-529.8K-3.2K1.24102.651091358751,006
2016-06-10$18.19$17.5027.1%7.8%22.1%9.9%31.1%-4.2%12.9%17.2K-454.2K-3.1K1.68109.401091838811,008
2016-06-13$17.51$17.5036.8%10.6%26.0%15.6%36.9%15.8%-1.1%8.4K-255.3K-3.1K1.68105.361091838811,052
2016-06-14$17.14$17.5038.6%11.1%26.4%16.7%42.0%5.8%2.5%4.9K-92.3K-2.7K0.98106.341871838811,052
2016-06-15$17.64$17.5038.5%11.0%28.7%16.6%40.0%4.8%1.8%6.7K-394.5K-2.9K0.97102.191871829591,052
2016-06-16$17.78$17.5038.7%11.1%28.9%16.7%40.2%5.3%2.0%11.5K-433.9K-2.9K0.80102.981871499411,046
2016-06-17$17.69$17.5036.5%10.5%28.8%15.4%41.6%4.1%4.2%17.5K-425.5K-2.9K0.41103.55187769411,046
2016-06-20$17.93$17.5039.1%11.2%29.3%17.0%41.1%14.4%1.4%15.8K-358.2K-2.8K0.9398.851181108331,012
2016-06-21$18.29$17.5032.9%9.4%30.0%13.3%35.0%10.0%13.5%18.4K-387.0K-2.9K1.14101.801541758571,052
2016-06-22$18.06$17.5033.3%9.5%28.0%13.5%40.4%6.0%12.1%16.6K-375.6K-3.4K1.54104.861141759101,105
2016-06-23$18.14$17.5033.8%9.7%27.6%13.8%35.9%4.1%11.3%17.9K-427.1K-3.2K0.77107.661561209221,105
2016-06-24$17.88$17.5032.1%9.2%28.0%12.8%37.5%-6.6%5.6%23.3K-420.4K-3.4K0.85105.251411209761,108
2016-06-27$17.41$17.5038.1%10.9%28.9%16.4%39.0%56.6%2.0%19.1K-190.2K-3.2K1.00103.431161169961,108
2016-06-28$18.21$17.5035.4%10.2%33.6%14.8%36.2%16.8%5.4%21.1K-513.8K-3.2K1.04111.101111161,0141,132
2016-06-29$18.43$17.5038.8%11.1%33.9%16.8%41.2%16.8%5.3%23.7K-579.3K-3.5K0.67105.511701141,0141,132
2016-06-30$18.41$17.5042.6%12.2%33.8%19.0%47.1%8.9%0.5%25.5K-659.8K-3.8K0.73109.801691231,0881,137