KNOP Options History — May 2018

In May 2018, KNOP traded between $20.10 and $21.00. ATM implied volatility averaged 21.0%, placing in the 29.4% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 0.3% (HV 20d: 20.7%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.74.

Notable Days

  • 2018-05-01: Highest Volume — 732 contracts
  • 2018-05-11: Largest IV spike — 32.5% change
  • 2018-05-31: Highest IV Rank — 43.6%
  • 2018-05-31: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.39$20.10$21.00$20.23$21.00
Max Pain$20.45$20.00$22.50$20.00$20.00
ATM IV21.0%16.8%26.8%22.5%26.8%
Expected Move5.7%3.9%7.7%6.4%7.7%
HV 20d20.7%13.9%23.2%23.1%13.9%
HV 60d19.5%18.5%23.2%23.2%18.5%
IV Rank29.4%19.1%43.6%33.0%43.6%
IV Percentile38.5%7.1%82.1%52.0%82.1%
Term Structure-1.0%-10.3%9.7%-2.3%-10.3%
VWIV21.0%15.5%31.1%22.5%31.1%
Skew 25d9.7%0.7%31.7%31.7%13.8%
Skew 10d19.0%2.9%60.2%60.2%51.2%
Call IV 25d15.6%12.7%19.3%19.3%15.4%
Put IV 25d25.3%17.2%51.0%51.0%29.2%
Bid-Ask Spread %89.9539.04111.4087.07101.95
Gamma HHI0.720.580.820.670.73
Net GEX-41.1K-78.4K-21.9K-37.6K-67.3K
Net DEX882.4K500.5K1.5M808.0K937.1K
Net VEX-7.6K-11.3K-6.2K-7.3K-11.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.740.558.191.770.97
Total Volume319.591161732732587
Total OI2,342.4551,9573,2251,9573,225

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-05-01$20.23$20.0022.5%6.4%23.1%33.0%22.5%31.7%-2.3%-37.6K808.0K-7.3K1.7787.072644686841,273
2018-05-02$20.25$20.0017.5%5.0%22.9%20.6%17.5%0.7%-0.8%-37.7K738.5K-7.4K0.6798.901651117571,280
2018-05-03$20.10$22.5021.6%4.8%23.0%31.0%19.6%2.6%0.0%-41.1K877.7K-7.0K0.76111.401531167521,294
2018-05-04$20.25$22.5023.4%5.0%22.9%35.2%21.1%24.9%3.0%-38.8K861.5K-7.2K1.03109.721531587521,302
2018-05-07$20.47$22.5025.1%3.9%23.2%39.4%15.5%14.3%9.7%-39.8K830.0K-6.9K1.0699.761111187521,302
2018-05-08$20.45$22.5023.7%6.0%22.5%36.1%21.2%17.3%0.9%-43.1K791.7K-7.1K0.5974.142111257631,320
2018-05-09$20.58$20.0017.1%4.9%22.4%19.8%15.7%15.9%0.8%-24.4K500.5K-7.4K0.55108.842111168631,324
2018-05-10$20.50$20.0016.8%4.8%22.0%19.1%15.8%16.1%1.3%-26.3K549.8K-7.1K0.82109.272101738631,323
2018-05-11$20.18$20.0022.3%6.4%22.7%32.6%22.3%6.7%-7.4%-37.7K978.7K-6.5K0.8192.292141748631,402
2018-05-14$20.40$20.0018.2%5.2%19.9%22.3%18.3%3.3%0.7%-35.4K819.1K-7.1K0.8297.762121738671,405
2018-05-15$20.15$20.0019.4%5.5%20.2%25.3%23.6%3.9%-5.6%-38.7K845.1K-7.1K1.13100.761101248681,407
2018-05-16$20.25$20.0022.4%6.4%20.2%32.8%22.3%5.1%-4.7%-55.2K885.9K-6.2K1.1853.361101308711,415
2018-05-17$20.33$20.0019.4%5.6%20.3%25.3%19.2%4.7%-1.3%-44.1K837.8K-7.0K1.2762.131021308731,422
2018-05-18$20.31$20.0021.1%6.0%20.3%29.5%21.3%5.3%0.1%-21.9K808.2K-7.1K1.0852.481021108731,423
2018-05-21$20.30$20.0020.2%5.8%20.2%27.5%20.0%5.1%-2.4%-26.4K834.9K-6.9K1.2239.04951168511,383
2018-05-22$20.45$20.0017.9%5.1%20.3%21.8%18.8%4.0%-1.1%-28.6K853.3K-6.2K1.88102.76561058591,407
2018-05-23$20.30$20.0020.8%6.0%20.4%28.9%21.7%2.6%-3.2%-27.0K824.9K-7.3K2.2098.29561238601,460
2018-05-24$20.15$20.0024.5%7.0%20.3%38.0%25.0%4.8%-3.9%-29.9K909.2K-7.3K4.9695.95562788601,480
2018-05-25$20.35$20.0019.7%5.6%20.6%26.1%20.5%3.8%-0.2%-50.0K1.2M-9.1K8.1983.21534348651,813
2018-05-29$20.65$20.0020.1%5.8%19.9%27.2%21.0%13.4%8.2%-78.4K1.5M-10.2K4.1295.78512108652,211
2018-05-30$20.95$20.0021.6%6.2%13.9%31.0%29.2%13.1%-3.4%-75.1K1.2M-11.0K1.22104.091161418652,237
2018-05-31$21.00$20.0026.8%7.7%13.9%43.6%31.1%13.8%-10.3%-67.3K937.1K-11.3K0.97101.952982891,0042,221