KNOP Options History — November 2018

In November 2018, KNOP traded between $19.76 and $20.54. ATM implied volatility averaged 25.0%, placing in the 41.8% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 12.0% (HV 20d: 13.0%). 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 0 of 21 days. Put/call ratio averaged 2.15.

Notable Days

  • 2018-11-28: Highest Volume — 436 contracts
  • 2018-11-26: Largest IV spike — 92.2% change
  • 2018-11-26: Highest IV Rank — 80.4%
  • 2018-11-26: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.23$19.76$20.54$20.54$20.11
Max Pain$20.24$20.00$22.50$22.50$20.00
ATM IV25.0%21.1%41.3%27.6%21.3%
Expected Move6.8%6.1%11.8%7.9%6.1%
HV 20d13.0%11.4%14.7%14.4%12.0%
HV 60d15.9%15.5%16.4%15.9%15.5%
IV Rank41.8%32.6%80.4%47.9%33.0%
IV Percentile72.8%55.2%99.2%86.1%56.3%
Term Structure-3.0%-30.9%-0.6%-5.1%-1.7%
VWIV23.0%20.0%33.0%27.4%21.3%
Skew 25d8.3%0.8%15.5%15.5%2.1%
Skew 10d14.1%1.3%36.1%36.1%3.4%
Call IV 25d17.5%13.9%24.4%19.8%19.9%
Put IV 25d25.9%19.3%35.3%35.3%22.0%
Bid-Ask Spread %41.8619.80115.4730.9571.66
Gamma HHI0.770.710.910.910.76
Net GEX-93.5K-131.0K-70.4K-93.5K-103.7K
Net DEX2.0M1.6M2.6M2.5M2.0M
Net VEX-8.7K-9.5K-7.6K-9.5K-8.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.150.514.530.512.30
Total Volume222.143117436211267
Total OI2,972.0952,6633,2813,2063,093

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-11-01$20.54$22.5027.6%7.9%14.4%47.9%27.4%15.5%-5.1%-93.5K2.5M-9.5K0.5130.95140718592,347
2018-11-02$20.36$22.5024.7%7.1%14.6%41.0%25.2%5.0%-2.4%-88.5K2.5M-9.5K1.3728.1852718662,351
2018-11-05$20.45$20.0027.7%6.5%14.7%48.1%22.2%12.4%-0.7%-87.2K2.5M-9.2K1.5427.1646718872,354
2018-11-06$20.35$20.0027.2%6.5%14.6%46.9%22.3%11.8%-1.0%-88.9K2.6M-8.9K1.8226.89551008872,354
2018-11-07$20.42$20.0025.7%6.7%13.9%43.3%20.8%12.4%-1.6%-92.1K2.5M-9.2K1.4529.4965948972,384
2018-11-08$20.43$20.0025.9%6.6%13.5%44.0%22.6%12.2%-1.6%-90.2K1.6M-9.2K2.5464.64651659251,973
2018-11-09$20.49$20.0022.6%6.5%13.6%36.2%20.0%6.8%-1.8%-104.2K1.7M-9.3K1.7222.31651129252,042
2018-11-12$20.45$20.0026.9%6.5%13.1%46.3%21.3%11.9%-1.2%-101.2K1.7M-9.0K1.6735.96671129252,059
2018-11-13$20.32$20.0027.7%6.6%12.2%48.3%22.4%11.7%-0.7%-112.3K1.8M-9.3K1.6135.74671089242,067
2018-11-14$20.33$20.0023.4%6.7%12.2%37.9%22.7%11.9%-1.6%-127.2K1.9M-8.9K2.2035.56501109242,097
2018-11-15$20.30$20.0023.4%6.7%12.1%38.0%23.0%6.1%-1.3%-131.0K1.7M-8.9K3.5424.47481709162,102
2018-11-16$20.23$20.0022.8%6.5%12.1%36.5%22.8%12.9%-2.4%-70.4K1.7M-8.6K2.4733.01701739152,077
2018-11-19$20.10$20.0023.2%6.6%12.1%37.5%23.2%6.8%-2.4%-73.7K1.8M-7.9K3.8751.83522018741,789
2018-11-20$19.76$20.0024.0%6.9%13.1%39.4%24.0%10.4%-1.4%-76.9K2.0M-7.8K4.1835.09381598901,850
2018-11-21$20.15$20.0022.7%6.5%12.9%36.4%23.2%11.7%-0.8%-73.5K1.8M-7.9K4.5328.38361638921,785
2018-11-23$19.99$20.0021.5%6.2%13.1%33.4%21.5%2.5%-1.0%-83.9K1.9M-7.6K2.2553.51721628941,794
2018-11-26$19.94$20.0041.3%11.8%13.0%80.4%33.0%4.2%-30.9%-78.0K1.7M-7.6K2.56115.47802059071,806
2018-11-27$19.97$20.0023.1%6.6%11.7%37.2%22.9%3.5%-1.9%-89.2K1.9M-7.9K1.0819.801461588931,946
2018-11-28$19.92$20.0021.2%6.1%11.4%32.7%21.2%0.8%-1.0%-98.9K2.1M-7.6K1.0134.052172198911,986
2018-11-29$20.14$20.0021.1%6.1%12.2%32.6%21.0%2.6%-0.6%-98.2K1.9M-9.0K0.8575.011851589312,136
2018-11-30$20.11$20.0021.3%6.1%12.0%33.0%21.3%2.1%-1.7%-103.7K2.0M-8.7K2.3071.66811869412,152