KNOP Options History — May 2017

In May 2017, KNOP traded between $21.40 and $23.70. ATM implied volatility averaged 20.9%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 0.4% (HV 20d: 21.3%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 2 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 1.67.

Notable Days

  • 2017-05-04: Highest Volume — 504 contracts
  • 2017-05-31: Largest IV spike — 56.0% change
  • 2017-05-09: Highest IV Rank — 37.0%
  • 2017-05-31: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.62$21.40$23.70$23.70$21.40
Max Pain$23.18$22.50$25.00$25.00$22.50
ATM IV20.9%14.8%27.7%25.8%26.3%
Expected Move5.8%4.3%7.6%7.4%7.6%
HV 20d21.3%17.2%24.4%20.2%22.6%
HV 60d20.2%19.5%21.0%19.6%21.0%
IV Rank17.1%0.0%37.0%31.2%33.9%
IV Percentile16.4%0.0%55.2%40.9%54.0%
Term Structure-0.7%-6.8%4.1%-6.8%-1.1%
VWIV19.4%15.0%25.9%17.3%25.9%
Skew 25d16.3%-4.9%51.2%12.7%4.3%
Skew 10d29.5%-7.8%65.5%58.8%14.5%
Call IV 25d19.2%15.8%25.3%15.8%21.7%
Put IV 25d35.5%16.6%68.0%28.5%26.0%
Bid-Ask Spread %96.9462.98111.1096.9298.87
Gamma HHI0.380.330.500.470.50
Net GEX-28.9K-62.0K15.4K15.4K-62.0K
Net DEX306.5K-259.5K1.1M-259.5K1.1M
Net VEX-5.1K-5.8K-4.5K-5.0K-5.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.670.245.780.820.24
Total Volume374.864229504498439
Total OI1,8431,5982,0761,6002,076

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-05-01$23.70$25.0025.8%7.4%20.2%31.2%17.3%12.7%-6.8%15.4K-259.5K-5.0K0.8296.92273225713887
2017-05-02$23.60$25.0024.7%7.1%17.2%27.9%21.9%8.8%-5.6%9.2K-133.8K-4.5K0.4288.25282118700898
2017-05-03$23.07$25.0023.5%6.7%19.1%24.5%22.3%6.2%-5.3%-8.0K8.6K-4.5K0.53105.29261139719879
2017-05-04$22.53$25.0020.4%6.3%21.0%15.3%20.4%10.5%-3.1%-27.6K317.4K-4.7K0.5583.63325179730911
2017-05-05$22.83$25.0019.7%5.5%21.5%12.9%17.4%27.3%3.1%-27.8K255.9K-4.7K0.71111.10252179730988
2017-05-08$22.65$25.0025.6%5.3%21.6%30.6%17.1%19.8%1.7%-20.1K274.7K-5.0K0.5989.16252148767988
2017-05-09$22.55$22.5027.7%5.4%21.6%37.0%18.2%23.6%1.1%-21.4K275.4K-5.0K0.65106.35247160784994
2017-05-10$22.40$22.5018.3%5.3%21.6%8.9%18.4%0.9%0.8%-21.1K285.8K-5.0K0.54105.862511357931,009
2017-05-11$22.60$22.5022.1%6.3%21.4%20.1%21.8%-4.9%-2.6%-26.8K273.8K-5.1K0.67101.911831227961,035
2017-05-12$22.63$22.5018.8%5.4%21.4%10.3%19.3%2.9%-0.8%-23.6K228.6K-5.0K0.82107.241751438061,035
2017-05-15$22.33$22.5022.3%6.4%21.9%20.9%22.3%-2.8%-4.2%-27.7K368.6K-4.8K0.8081.251781428021,025
2017-05-16$22.90$22.5020.7%5.9%23.5%15.9%18.8%33.4%2.4%-32.8K155.6K-4.8K0.95103.621771698011,037
2017-05-17$22.48$22.5018.4%5.3%24.4%9.1%18.7%23.3%0.7%-42.0K366.6K-5.0K1.0291.691601648271,092
2017-05-18$22.45$22.5020.5%5.9%24.1%15.3%20.8%27.9%-1.4%-58.5K395.1K-4.9K0.90107.871621468301,112
2017-05-19$22.50$22.5021.5%6.2%24.1%18.4%21.5%35.5%-3.3%-18.9K309.9K-5.2K1.10104.631741928141,132
2017-05-22$22.85$22.5016.6%4.8%20.2%3.8%17.4%12.2%2.9%-28.4K212.7K-4.9K2.0962.98741557021,118
2017-05-23$22.65$22.5014.8%4.3%20.3%0.0%15.0%-0.6%4.1%-30.5K252.7K-5.2K5.78104.94593417021,120
2017-05-24$22.50$22.5021.2%6.1%19.6%18.6%21.2%34.8%-1.9%-35.6K467.7K-5.8K4.36100.57693017071,320
2017-05-25$22.70$22.5017.1%4.9%20.1%6.6%17.1%30.4%2.1%-44.5K363.3K-5.7K4.4394.11683017171,335
2017-05-26$22.38$22.5017.8%5.1%20.4%8.7%17.9%1.7%-0.0%-50.1K516.6K-5.8K4.2398.14692927171,334
2017-05-30$22.00$22.5016.9%4.8%20.9%6.0%17.0%51.2%2.0%-53.9K719.1K-5.6K4.5588.40663007291,335
2017-05-31$21.40$22.5026.3%7.6%22.6%33.9%25.9%4.3%-1.1%-62.0K1.1M-5.3K0.2498.87355847411,335