KNOP Options History — June 2017

In June 2017, KNOP traded between $21.50 and $23.70. ATM implied volatility averaged 23.0%, placing in the 24.2% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 6.5% (HV 20d: 29.5%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 2 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 1.05.

Notable Days

  • 2017-06-12: Highest Volume — 773 contracts
  • 2017-06-12: Largest IV spike — 88.5% change
  • 2017-06-12: Highest IV Rank — 75.4%
  • 2017-06-20: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.53$21.50$23.70$21.68$22.90
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV23.0%16.4%40.4%20.4%22.5%
Expected Move5.8%4.6%7.2%5.9%6.4%
HV 20d29.5%20.8%34.6%22.4%31.5%
HV 60d24.1%20.5%26.4%21.0%24.9%
IV Rank24.2%4.6%75.4%16.4%22.6%
IV Percentile27.5%1.6%96.4%11.9%28.2%
Term Structure2.0%-3.4%10.3%-0.6%2.0%
VWIV21.9%15.7%30.5%23.8%22.9%
Skew 25d14.0%0.4%36.5%7.9%23.7%
Skew 10d25.0%1.0%56.3%10.2%53.7%
Call IV 25d22.3%9.5%30.2%21.2%26.7%
Put IV 25d36.3%21.3%56.4%29.1%50.5%
Bid-Ask Spread %95.0075.50102.5998.57101.10
Gamma HHI0.430.340.650.490.35
Net GEX-18.1K-46.2K6.1K-36.8K-9.8K
Net DEX190.5K-605.6K858.0K808.1K-7.8K
Net VEX-6.8K-7.5K-5.9K-6.6K-7.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.421.880.861.23
Total Volume320175773182187
Total OI2,511.0452,3792,8352,3792,607

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-06-01$21.68$22.5020.4%5.9%22.4%16.4%23.8%7.9%-0.6%-36.8K808.1K-6.6K0.8698.5798841,0051,374
2017-06-02$21.50$22.5016.4%4.7%21.1%4.6%26.2%9.1%5.1%-36.6K858.0K-6.7K0.8499.66100841,0101,374
2017-06-05$21.73$22.5019.1%4.8%20.9%12.5%16.7%2.6%0.9%-41.1K763.6K-6.0K0.8597.3999841,0101,374
2017-06-06$21.85$22.5019.9%4.6%21.0%14.8%15.7%22.5%1.9%-29.1K725.9K-5.9K0.7783.9099761,0111,374
2017-06-07$21.70$22.5019.9%5.0%21.1%14.9%20.2%1.5%1.6%-39.4K757.9K-6.4K0.4590.92185841,0111,376
2017-06-08$21.60$22.5020.2%4.6%21.0%15.8%18.2%4.6%1.3%-28.8K774.3K-6.5K0.45102.59186841,0511,381
2017-06-09$21.70$22.5021.4%5.1%20.8%19.4%19.5%1.2%-0.3%-30.9K714.1K-6.5K0.42101.14186781,0521,381
2017-06-12$23.40$22.5040.4%4.7%34.5%75.4%18.8%4.5%7.7%-3.0K-412.9K-6.3K1.8883.722685051,0521,385
2017-06-13$23.70$22.5037.2%5.4%34.2%66.0%18.4%16.9%10.3%2.5K-605.6K-6.9K1.4792.932143141,1231,470
2017-06-14$23.40$22.5024.4%7.0%33.6%28.2%25.5%6.5%0.9%-6.6K-495.7K-6.6K0.7986.642952341,1251,492
2017-06-15$23.10$22.5023.8%6.8%33.2%26.4%23.8%9.5%-0.2%-46.2K-122.7K-7.1K1.07101.623713961,2161,556
2017-06-16$23.15$22.5023.7%6.8%33.2%26.0%22.6%5.0%-1.3%-2.1K-394.0K-7.2K1.0499.092652761,2591,576
2017-06-19$23.05$22.5022.6%6.5%33.3%22.8%26.3%0.4%1.0%6.1K-272.4K-7.5K0.5688.772571441,0971,329
2017-06-20$22.80$22.5025.1%7.2%33.1%30.1%30.5%14.3%-3.4%-10.6K103.2K-6.9K0.6175.501881141,0321,356
2017-06-21$22.25$22.5023.5%6.7%34.1%25.6%24.0%3.9%-2.0%-15.9K331.8K-7.5K1.3989.33821141,1261,356
2017-06-22$22.45$22.5021.9%6.3%34.2%20.9%22.0%36.5%1.9%-10.7K295.6K-6.9K1.4699.58851241,1301,356
2017-06-23$22.83$22.5021.4%6.1%34.6%19.2%21.6%25.4%-0.5%-12.5K-46.9K-6.3K1.11102.021321461,1351,331
2017-06-26$22.75$22.5021.6%6.2%34.2%20.0%21.8%28.7%5.9%-12.5K117.9K-7.1K1.6796.61821371,1871,391
2017-06-27$22.65$22.5020.9%6.0%33.6%18.0%21.1%28.2%3.7%-8.9K146.3K-7.3K1.6797.16791321,1881,396
2017-06-28$22.80$22.5020.2%5.8%31.8%15.8%20.7%26.0%5.1%-13.6K31.4K-6.7K1.21101.27841021,1901,396
2017-06-29$22.70$22.5020.5%5.9%31.7%16.8%20.9%29.8%3.3%-12.3K120.4K-7.1K1.21100.55841021,1961,406
2017-06-30$22.90$22.5022.5%6.4%31.5%22.6%22.9%23.7%2.0%-9.8K-7.8K-7.0K1.23101.10841031,1961,411