KNOP Options History — August 2018

In August 2018, KNOP traded between $21.60 and $22.53. ATM implied volatility averaged 16.6%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 4.4% (HV 20d: 12.2%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 3.64.

Notable Days

  • 2018-08-30: Highest Volume — 562 contracts
  • 2018-08-15: Largest IV spike — 21.5% change
  • 2018-08-22: Highest IV Rank — 28.5%
  • 2018-08-22: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.11$21.60$22.53$22.10$21.60
Max Pain$22.39$20.00$22.50$22.50$22.50
ATM IV16.6%12.5%19.4%14.3%18.0%
Expected Move5.1%3.6%5.6%4.1%5.2%
HV 20d12.2%8.6%16.1%16.1%10.0%
HV 60d14.8%14.0%15.7%15.7%14.1%
IV Rank21.8%12.0%28.5%16.3%25.2%
IV Percentile21.9%4.4%38.9%7.9%29.4%
Term Structure0.2%-3.3%3.1%2.5%-3.3%
VWIV18.3%12.0%21.2%14.1%21.2%
Skew 25d9.3%-0.9%37.4%37.0%4.0%
Skew 10d13.6%-0.7%46.6%45.2%6.2%
Call IV 25d17.0%14.6%19.8%14.7%19.8%
Put IV 25d26.3%16.6%52.0%51.7%23.8%
Bid-Ask Spread %38.7821.9061.0646.0335.24
Gamma HHI0.670.570.720.650.57
Net GEX152.8K82.8K188.3K140.1K82.8K
Net DEX-1.1M-1.8M477.3K-1.0M477.3K
Net VEX-11.8K-13.5K-10.6K-13.5K-12.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.640.928.141.421.15
Total Volume379.391209562312560
Total OI3,748.2173,4344,1353,8784,135

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-08-01$22.10$22.5014.3%4.1%16.1%16.3%14.1%37.0%2.5%140.1K-1.0M-13.5K1.4246.031291832,2261,652
2018-08-02$22.08$22.5012.6%3.6%15.7%12.4%12.1%37.4%2.8%141.4K-999.2K-13.3K1.7538.961292262,2511,644
2018-08-03$22.00$22.5012.8%3.7%15.7%12.9%12.0%7.2%3.1%134.6K-896.7K-13.3K3.0121.90752262,2511,638
2018-08-06$21.93$20.0015.2%5.2%15.5%18.5%19.2%7.1%0.5%128.1K-828.0K-12.8K3.4327.84722472,2551,639
2018-08-07$21.95$22.5014.2%5.2%15.5%16.2%19.0%7.8%0.3%129.1K-814.6K-13.0K4.6627.02803732,2521,651
2018-08-08$21.90$22.5012.5%5.0%13.2%12.0%18.5%6.7%1.3%135.4K-824.6K-12.4K4.1929.23632642,2581,574
2018-08-09$22.00$22.5015.0%5.0%13.2%18.0%18.3%7.6%1.7%142.7K-939.5K-12.3K4.7527.46602852,2501,559
2018-08-10$21.98$22.5013.7%5.3%12.8%15.0%19.6%7.7%0.5%147.3K-1.0M-12.1K7.2628.22473412,2601,489
2018-08-13$22.05$22.5015.7%5.3%12.9%19.7%19.4%7.5%0.3%163.1K-1.1M-11.4K6.8224.10503412,2711,438
2018-08-14$22.08$22.5014.9%5.3%12.8%17.9%19.7%6.8%-0.4%170.0K-1.2M-11.4K6.7141.69513422,2711,438
2018-08-15$22.10$22.5018.2%5.2%12.4%25.5%19.5%6.8%1.1%176.0K-1.2M-11.3K8.1446.66423422,2611,435
2018-08-16$22.08$22.5018.6%5.3%12.4%26.5%19.7%7.0%0.2%176.0K-1.2M-11.3K6.1640.32503082,2601,450
2018-08-17$22.25$22.5018.4%5.3%12.6%26.2%18.6%5.1%0.4%156.2K-1.4M-11.0K4.8436.93432082,2651,432
2018-08-20$22.40$22.5018.1%5.2%10.9%25.4%18.1%19.1%0.0%173.9K-1.6M-10.7K0.9247.361091002,1451,289
2018-08-21$22.43$22.5018.6%5.3%10.6%26.7%19.1%-0.5%-0.6%176.8K-1.7M-10.6K1.2445.57961192,1401,308
2018-08-22$22.53$22.5019.4%5.6%10.7%28.5%19.8%0.2%-1.2%179.3K-1.8M-10.7K1.8661.061572922,1421,323
2018-08-23$22.52$22.5018.8%5.4%10.6%27.0%19.0%1.1%-1.9%188.3K-1.7M-10.6K1.5543.411572432,1071,453
2018-08-24$22.45$22.5019.0%5.4%9.7%27.5%19.0%19.1%-1.2%177.4K-1.6M-10.7K1.9941.821513012,1071,454
2018-08-27$22.05$22.5019.1%5.5%11.1%27.7%19.3%-0.7%-0.6%154.4K-976.8K-10.9K4.3537.30652832,1121,527
2018-08-28$22.13$22.5019.4%5.6%8.6%28.4%19.6%11.8%-0.9%151.9K-1.0M-11.4K2.0550.831723532,1141,631
2018-08-29$22.00$22.5017.6%5.1%8.7%24.3%18.0%-0.9%-0.2%151.3K-728.3K-11.7K2.1543.551362932,1361,736
2018-08-30$21.90$22.5017.0%4.9%8.8%22.7%18.9%9.1%0.6%138.1K-395.5K-12.1K3.3649.361294332,1581,822
2018-08-31$21.60$22.5018.0%5.2%10.0%25.2%21.2%4.0%-3.3%82.8K477.3K-12.1K1.1535.242612992,1132,022