KNOP Options History — August 2017

In August 2017, KNOP traded between $22.30 and $23.55. ATM implied volatility averaged 22.0%, placing in the 21.2% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 3.7% (HV 20d: 18.4%). Max pain ranged from $22.50 to $30.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 1.89.

Notable Days

  • 2017-08-28: Highest Volume — 552 contracts
  • 2017-08-15: Largest IV spike — 28.1% change
  • 2017-08-07: Highest IV Rank — 38.9%
  • 2017-08-02: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.95$22.30$23.55$23.00$23.55
Max Pain$23.70$22.50$30.00$30.00$22.50
ATM IV22.0%17.9%28.0%24.4%22.9%
Expected Move6.1%5.1%7.6%7.0%6.6%
HV 20d18.4%14.3%19.8%15.7%16.8%
HV 60d23.4%22.5%24.2%23.4%22.9%
IV Rank21.2%9.0%38.9%28.3%23.9%
IV Percentile29.9%5.2%76.6%43.7%37.3%
Term Structure0.2%-7.8%5.0%-1.3%-0.7%
VWIV20.0%14.4%27.4%22.7%16.4%
Skew 25d11.6%-17.3%28.9%24.4%18.7%
Skew 10d27.6%-6.8%55.0%55.0%14.2%
Call IV 25d19.8%13.4%36.9%20.0%13.7%
Put IV 25d31.4%19.2%50.6%44.5%32.4%
Bid-Ask Spread %83.5131.99111.9589.2951.71
Gamma HHI0.500.370.810.410.57
Net GEX-32.7K-112.3K-11.5K-30.2K-35.8K
Net DEX317.6K3.2K699.7K450.7K3.2K
Net VEX-4.2K-5.8K-3.4K-3.5K-5.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.890.733.261.732.30
Total Volume445.435349552461505
Total OI1,696.2171,4271,9971,4271,997

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-08-01$23.00$30.0024.4%7.0%15.7%28.3%22.7%24.4%-1.3%-30.2K450.7K-3.5K1.7389.29169292539888
2017-08-02$22.90$30.0026.4%7.6%14.3%34.2%27.4%16.2%-6.0%-27.8K498.9K-3.4K2.3560.64124292539899
2017-08-03$22.30$25.0024.9%7.1%17.3%29.7%23.9%12.7%-1.8%-28.8K678.9K-4.2K3.2677.7393303544909
2017-08-04$22.65$25.0023.4%5.7%18.2%25.1%19.4%25.9%2.9%-31.1K699.7K-4.2K2.74111.31106290550927
2017-08-07$22.50$25.0028.0%5.4%18.3%38.9%18.1%21.3%2.7%-34.8K520.8K-3.7K3.2278.05101325607933
2017-08-08$22.60$25.0026.4%5.7%18.1%34.2%21.0%28.6%3.5%-42.6K678.8K-4.1K3.16111.95103325608974
2017-08-09$22.80$25.0020.2%5.8%17.9%15.9%20.5%26.2%1.2%-32.9K418.2K-3.6K2.06105.35114235612974
2017-08-10$23.25$22.5021.2%6.1%19.2%18.7%20.4%5.5%1.7%-27.4K258.8K-3.7K1.04110.58214223624975
2017-08-11$23.05$22.5021.4%6.1%19.5%19.2%21.5%-17.3%-0.5%-16.0K188.7K-4.0K1.04106.68214223731967
2017-08-14$23.15$22.5017.9%5.1%19.4%9.0%17.6%14.5%5.0%-18.6K225.0K-3.9K1.00107.39214214731985
2017-08-15$22.90$22.5022.9%6.6%18.6%23.9%22.0%16.6%-7.8%-36.3K366.0K-4.3K0.8591.13214181731958
2017-08-16$22.89$22.5021.8%6.2%18.6%20.4%21.9%-1.0%-3.1%-24.5K277.0K-3.9K0.8791.00198172731968
2017-08-17$22.50$22.5023.1%6.6%19.5%24.3%23.5%-4.2%-3.6%-27.4K448.8K-3.8K0.8936.88231206735968
2017-08-18$22.55$22.5022.9%6.6%19.5%23.8%22.3%28.9%-1.5%-112.3K404.8K-3.8K0.7396.072631937851,024
2017-08-21$22.65$22.5018.0%5.1%19.6%9.2%17.6%2.2%1.4%-11.5K127.6K-4.1K1.5194.62217327753833
2017-08-22$22.75$22.5019.3%5.5%18.5%13.2%17.4%3.3%-0.2%-21.4K226.7K-4.0K2.0471.20157321733874
2017-08-23$23.15$22.5019.0%5.4%19.8%12.3%18.6%8.6%2.1%-28.9K195.1K-4.8K1.7971.001602877431,080
2017-08-24$23.25$22.5019.8%5.7%19.2%14.5%18.1%3.1%1.3%-37.5K176.6K-4.7K2.3597.581242927571,092
2017-08-25$23.50$22.5019.2%5.5%19.5%12.8%14.4%8.5%3.1%-28.6K26.8K-4.6K1.8778.751562917601,102
2017-08-28$23.50$22.5023.4%6.7%18.1%25.4%18.5%11.1%0.6%-27.7K28.1K-4.6K2.3331.991663867791,102
2017-08-29$23.35$22.5019.5%5.6%18.2%13.6%16.8%5.9%2.8%-37.9K166.1K-5.4K2.1288.151663527921,203
2017-08-30$23.10$22.5020.6%5.9%18.6%16.9%19.4%6.6%3.1%-31.9K238.2K-5.8K2.2961.591543527941,203
2017-08-31$23.55$22.5022.9%6.6%16.8%23.9%16.4%18.7%-0.7%-35.8K3.2K-5.0K2.3051.711533527941,203