KNOP Options History — April 2018

In April 2018, KNOP traded between $19.70 and $21.08. ATM implied volatility averaged 25.8%, placing in the 41.3% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 7.5% (HV 20d: 18.3%). 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 1 of 21 days. Put/call ratio averaged 2.87.

Notable Days

  • 2018-04-20: Highest Volume — 957 contracts
  • 2018-04-11: Largest IV spike — 51.8% change
  • 2018-04-30: Highest IV Rank — 69.4%
  • 2018-04-30: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.36$19.70$21.08$19.70$21.08
Max Pain$20.36$20.00$22.50$22.50$20.00
ATM IV25.8%18.4%37.2%21.2%37.2%
Expected Move7.5%6.1%10.7%6.1%10.7%
HV 20d18.3%16.7%20.6%19.3%17.5%
HV 60d22.2%21.3%22.9%21.3%22.2%
IV Rank41.3%22.9%69.4%29.8%69.4%
IV Percentile68.9%17.1%98.0%42.1%98.0%
Term Structure-5.7%-26.8%21.8%-1.2%21.8%
VWIV25.3%20.1%36.1%22.8%36.1%
Skew 25d11.3%-5.0%51.6%30.1%17.4%
Skew 10d16.8%-11.4%74.7%41.7%11.9%
Call IV 25d22.1%16.2%36.4%23.1%16.2%
Put IV 25d33.4%23.5%77.3%53.2%33.7%
Bid-Ask Spread %99.6965.79144.32106.2695.32
Gamma HHI0.770.410.970.940.49
Net GEX-136.8K-274.7K-19.1K-165.3K-28.6K
Net DEX1.6M595.0K2.7M2.7M644.4K
Net VEX-6.8K-7.4K-6.4K-7.2K-7.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.871.336.542.222.24
Total Volume521.952390957390668
Total OI3,578.4291,7874,3744,2022,026

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-04-02$19.70$22.5021.2%6.1%19.3%29.8%22.8%30.1%-1.2%-165.3K2.7M-7.2K2.22106.261212691,3732,829
2018-04-03$20.00$22.5022.9%6.6%18.4%34.0%24.1%35.5%-2.9%-187.1K2.4M-7.2K2.01104.841332671,3732,829
2018-04-04$19.85$22.5023.2%6.7%18.7%34.9%24.1%51.6%-3.1%-181.6K2.5M-7.1K2.00110.841332661,3572,833
2018-04-05$19.95$20.0022.4%6.4%18.2%32.7%24.8%9.0%-3.8%-194.5K2.3M-7.3K1.4995.811822721,3572,835
2018-04-06$19.80$20.0025.7%7.4%18.4%40.9%26.0%2.1%-4.2%-166.9K2.4M-7.4K1.56108.921762741,3972,827
2018-04-09$19.80$20.0023.1%6.8%17.8%34.5%24.6%10.8%-4.9%-204.8K2.6M-6.7K1.75140.401512641,3982,830
2018-04-10$20.13$20.0018.4%6.4%17.7%22.9%22.7%6.2%-2.4%-274.7K2.1M-6.7K1.61144.321702741,3992,833
2018-04-11$20.30$20.0027.9%8.0%17.6%46.5%27.9%-5.0%-9.9%-241.9K1.9M-6.7K1.73125.721642831,4312,845
2018-04-12$20.05$20.0021.6%6.2%18.0%30.9%21.8%10.4%-2.5%-270.6K2.1M-6.7K1.3399.742122831,4252,865
2018-04-13$20.00$20.0027.5%7.9%17.9%45.5%27.6%8.1%-9.1%-273.7K2.3M-6.8K1.99126.221442871,4382,870
2018-04-16$20.65$20.0025.4%7.3%20.6%40.4%25.4%11.2%-4.6%-160.5K1.3M-6.7K2.3187.441313031,4552,881
2018-04-17$20.75$20.0026.3%7.5%20.1%42.4%26.3%6.6%-6.2%-152.0K1.1M-6.4K1.9365.791663211,4512,886
2018-04-18$20.85$20.0024.9%7.1%19.5%39.0%24.9%7.2%-4.0%-139.0K1.1M-6.7K2.4590.101373361,4132,891
2018-04-19$20.76$20.0024.8%7.1%19.3%38.7%24.7%4.8%-5.3%-92.4K1.1M-6.5K2.6791.872496651,3702,962
2018-04-20$20.68$20.0024.7%7.1%18.4%38.4%24.4%3.7%-3.8%-20.3K1.2M-6.8K2.4269.132806771,3563,018
2018-04-23$20.75$20.0023.6%6.8%18.2%35.9%21.9%6.2%-5.1%-19.1K595.0K-6.6K6.5388.39734776851,102
2018-04-24$20.60$20.0031.0%8.9%18.3%54.1%20.1%3.0%-21.9%-23.1K710.0K-6.6K5.9780.91794726831,126
2018-04-25$20.53$20.0031.6%9.1%17.1%55.7%30.3%11.2%-15.4%-23.1K739.0K-6.5K6.0876.54744506831,126
2018-04-26$20.70$20.0024.7%7.1%16.9%38.4%25.0%6.3%-3.9%-25.7K715.6K-6.6K6.5486.43634126831,139
2018-04-27$20.65$20.0034.4%9.9%16.7%62.5%26.7%1.8%-26.8%-27.4K734.6K-6.6K3.4098.451374666841,183
2018-04-30$21.08$20.0037.2%10.7%17.5%69.4%36.1%17.4%21.8%-28.6K644.4K-7.3K2.2495.322064627581,268