KNOP Options History — June 2018

In June 2018, KNOP traded between $20.75 and $22.33. ATM implied volatility averaged 18.0%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 2.0% (HV 20d: 15.9%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 1.87.

Notable Days

  • 2018-06-25: Highest Volume — 1,371 contracts
  • 2018-06-15: Largest IV spike — 100.5% change
  • 2018-06-12: Highest IV Rank — 57.2%
  • 2018-06-01: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.51$20.75$22.33$20.80$22.25
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV18.0%7.4%32.3%32.0%12.4%
Expected Move3.8%2.1%9.2%9.2%3.5%
HV 20d15.9%14.1%17.5%14.1%17.2%
HV 60d18.3%17.9%18.8%18.5%18.3%
IV Rank23.7%0.0%57.2%56.5%11.8%
IV Percentile31.9%0.0%95.2%94.8%3.6%
Term Structure5.1%-21.5%18.6%-21.5%17.2%
VWIV14.0%7.9%31.4%31.4%12.8%
Skew 25d6.1%-4.0%44.8%-4.0%1.5%
Skew 10d8.0%-6.0%64.9%28.6%1.4%
Call IV 25d12.7%5.9%32.5%32.5%14.7%
Put IV 25d18.8%10.8%59.9%28.5%16.2%
Bid-Ask Spread %69.0528.85123.9983.4192.06
Gamma HHI0.550.480.670.670.53
Net GEX-24.3K-51.4K56.2K-49.2K56.2K
Net DEX-104.7K-1.8M857.5K857.5K-1.8M
Net VEX-11.7K-16.6K-9.4K-12.3K-16.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.870.114.330.391.24
Total Volume402.7141441,371775532
Total OI3,809.3813,3054,6953,3934,695

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-06-01$20.80$20.0032.0%9.2%14.1%56.5%31.4%-4.0%-21.5%-49.2K857.5K-12.3K0.3983.415582171,1862,207
2018-06-04$20.95$20.0029.6%6.3%14.1%50.7%22.1%0.2%-4.4%-38.0K600.9K-12.2K0.9394.242772571,4392,190
2018-06-05$20.75$20.0031.1%5.0%14.2%54.4%20.2%-0.3%3.5%-40.2K707.8K-12.0K3.4394.831294431,4962,219
2018-06-06$21.10$20.0030.9%4.3%15.3%53.9%13.9%2.8%7.3%-37.2K496.8K-11.7K2.5565.84691761,5972,321
2018-06-07$21.35$20.0017.8%3.5%15.7%21.4%13.8%5.1%1.2%-34.0K96.8K-10.9K2.1447.53781671,6262,315
2018-06-08$21.10$20.0026.3%5.3%16.3%42.6%17.1%9.2%0.4%-44.9K412.0K-11.7K2.2748.54781771,6272,320
2018-06-11$21.43$20.0028.3%2.2%15.7%47.6%10.2%10.0%7.1%-29.6K60.8K-11.3K0.6431.253212061,6272,319
2018-06-12$21.50$20.0032.3%2.2%15.4%57.2%14.9%12.8%8.3%-21.3K-26.4K-11.4K0.9982.042082061,6432,331
2018-06-13$21.48$20.0011.1%3.2%14.4%5.0%13.1%5.9%3.1%-16.9K-90.3K-10.9K2.8683.47722061,6372,339
2018-06-14$21.55$20.008.3%2.4%14.4%0.0%12.9%10.6%7.2%-20.4K-121.6K-11.1K2.9338.74722111,6402,339
2018-06-15$21.20$20.0016.7%4.8%16.0%20.2%13.4%2.1%-0.7%-43.0K152.7K-11.5K4.3366.11401731,6402,339
2018-06-18$21.60$20.0013.9%4.0%17.0%13.7%16.8%3.6%-0.2%-46.7K112.1K-10.7K2.5179.85411031,1962,112
2018-06-19$21.70$20.008.6%2.5%16.9%0.8%8.3%3.2%2.9%-51.4K11.1K-9.5K2.3882.14451071,1892,116
2018-06-20$21.70$20.007.4%2.1%16.9%0.0%9.3%4.1%16.1%-49.8K2.2K-9.4K2.2428.85451011,1962,123
2018-06-21$21.50$20.0010.2%2.9%17.1%6.6%10.6%1.2%5.2%-50.5K88.2K-9.9K2.02123.99551111,1962,124
2018-06-22$21.70$20.009.1%2.6%16.8%4.0%7.9%4.0%11.4%-48.7K105.7K-9.5K2.2569.29481081,1962,134
2018-06-25$21.79$20.0010.1%2.9%16.6%6.3%8.0%5.2%13.0%-49.2K10.4K-9.8K0.1186.281,2371341,1962,134
2018-06-26$21.98$20.0011.0%3.2%16.2%8.5%8.0%6.9%18.6%14.7K-984.8K-13.4K0.4048.693891541,9022,159
2018-06-27$22.33$20.0015.1%4.3%16.3%18.4%15.1%44.8%8.1%41.3K-1.5M-14.7K1.1872.872222632,1772,154
2018-06-28$22.00$20.0015.0%4.3%17.5%18.0%14.5%-1.4%3.2%48.5K-1.4M-16.2K1.5530.031652562,4332,168
2018-06-29$22.25$20.0012.4%3.5%17.2%11.8%12.8%1.5%17.2%56.2K-1.8M-16.6K1.2492.062372952,5242,171