KNOP Options History — March 2018

In March 2018, KNOP traded between $19.65 and $20.45. ATM implied volatility averaged 25.5%, placing in the 45.1% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 4.9% (HV 20d: 20.6%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 4.47.

Notable Days

  • 2018-03-27: Highest Volume — 580 contracts
  • 2018-03-14: Largest IV drop — 56.0% change
  • 2018-03-12: Highest IV Rank — 100.0%
  • 2018-03-01: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.99$19.65$20.45$20.10$19.85
Max Pain$22.26$20.00$22.50$20.00$22.50
ATM IV25.5%17.9%49.5%26.4%26.1%
Expected Move6.4%5.1%7.6%7.6%7.5%
HV 20d20.6%17.0%30.5%30.5%19.1%
HV 60d23.0%21.4%24.0%23.6%21.4%
IV Rank45.1%21.8%100.0%55.2%41.9%
IV Percentile60.8%16.3%100.0%79.4%76.6%
Term Structure-0.6%-5.1%5.5%-3.3%-4.6%
VWIV25.6%18.1%36.6%26.3%26.9%
Skew 25d13.3%-1.7%43.5%6.8%6.8%
Skew 10d22.1%-3.0%65.7%12.8%10.9%
Call IV 25d21.2%15.5%26.8%26.8%22.7%
Put IV 25d34.5%21.4%69.2%33.6%29.5%
Bid-Ask Spread %96.5174.02121.63114.97105.42
Gamma HHI0.790.640.960.640.85
Net GEX-114.1K-201.2K-73.9K-78.6K-143.8K
Net DEX1.7M1.2M2.6M1.4M2.2M
Net VEX-7.8K-8.6K-6.8K-8.6K-8.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.472.388.283.582.38
Total Volume382.667255580339382
Total OI3,862.813,6814,1833,6814,183

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-03-01$20.10$20.0026.4%7.6%30.5%55.2%26.3%6.8%-3.3%-78.6K1.4M-8.6K3.58114.97742651,3612,320
2018-03-02$20.08$20.0023.2%6.7%28.6%45.1%21.3%43.5%1.0%-81.1K1.6M-8.1K2.97121.63882611,3622,330
2018-03-05$19.65$22.5022.3%6.2%28.3%42.2%29.2%8.8%-3.3%-77.5K1.7M-7.7K3.1192.83842611,3732,321
2018-03-06$19.65$22.5025.2%6.6%26.0%51.3%30.4%3.7%-2.0%-74.2K1.7M-7.8K3.8483.19752881,3842,322
2018-03-07$19.90$22.5021.3%6.9%22.5%39.0%36.6%7.7%-0.5%-73.9K1.6M-8.3K3.9074.02692691,3832,356
2018-03-08$19.85$22.5028.2%6.2%21.5%61.0%34.3%6.3%1.5%-83.8K1.6M-7.9K4.1990.16692891,3872,356
2018-03-09$20.10$22.5030.9%6.5%19.3%69.5%23.5%2.1%0.6%-85.2K1.5M-7.7K4.9693.67562781,3872,376
2018-03-12$20.45$22.5044.2%5.7%20.2%100.0%19.8%21.0%3.3%-110.6K1.2M-7.3K4.9390.50602961,3972,379
2018-03-13$20.25$22.5049.5%6.4%18.1%100.0%21.9%-1.7%-3.3%-89.8K1.2M-7.9K5.8181.05523021,4002,409
2018-03-14$20.10$22.5021.8%6.3%17.0%31.4%25.5%-0.3%-1.5%-95.2K1.5M-7.8K3.9499.90692721,3892,457
2018-03-15$20.01$22.5024.6%7.1%17.0%38.3%26.1%9.1%-4.2%-88.9K1.5M-7.9K3.7099.90732701,3672,462
2018-03-16$20.33$22.5021.5%6.2%18.0%30.5%18.8%28.0%-0.7%-117.7K1.3M-7.5K3.60108.12732631,3722,475
2018-03-19$20.10$22.5017.9%5.1%17.5%21.8%18.1%31.9%2.5%-142.9K1.8M-6.8K4.4085.91622731,3022,453
2018-03-20$19.87$22.5021.3%6.1%17.2%30.2%21.4%10.3%-5.1%-122.2K1.8M-7.3K3.1188.18621931,3072,485
2018-03-21$20.10$22.5024.3%7.0%17.7%37.5%24.2%33.2%-2.3%-131.0K1.7M-7.4K3.33104.77602001,3072,557
2018-03-22$19.80$22.5018.6%5.3%18.2%23.4%20.9%11.2%2.5%-154.5K2.0M-6.9K8.28107.94604971,3082,557
2018-03-23$20.00$22.5023.7%6.8%18.6%36.0%33.2%15.0%-1.4%-144.8K2.1M-8.4K7.1794.95664731,3082,806
2018-03-26$20.15$22.5018.7%5.4%18.6%23.6%25.2%34.0%5.5%-201.2K2.1M-7.8K6.9295.38664571,3192,812
2018-03-27$19.80$22.5020.3%5.8%19.6%27.6%24.5%1.6%3.4%-166.5K2.4M-7.7K5.67105.81874931,3192,811
2018-03-28$19.65$22.5026.3%7.5%19.1%42.5%29.6%0.2%-1.5%-132.0K2.6M-7.4K4.1088.41883611,3512,809
2018-03-29$19.85$22.5026.1%7.5%19.1%41.9%26.9%6.8%-4.6%-143.8K2.2M-8.5K2.38105.421132691,3722,811