KNOP Options History — January 2019

In January 2019, KNOP traded between $18.02 and $19.23. ATM implied volatility averaged 20.2%, placing in the 30.4% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded below realized volatility by 7.5% (HV 20d: 27.8%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 1.30.

Notable Days

  • 2019-01-30: Highest Volume — 850 contracts
  • 2019-01-14: Largest IV spike — 94.2% change
  • 2019-01-02: Highest IV Rank — 56.4%
  • 2019-01-02: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.83$18.02$19.23$18.02$18.60
Max Pain$19.17$17.50$20.00$20.00$17.50
ATM IV20.2%13.1%31.2%31.2%18.8%
Expected Move5.9%3.5%8.9%8.9%7.8%
HV 20d27.8%18.0%33.7%30.7%22.1%
HV 60d22.9%21.7%23.9%21.7%23.9%
IV Rank30.4%13.5%56.4%56.4%27.1%
IV Percentile44.5%9.5%92.5%92.5%40.1%
Term Structure5.0%-6.7%11.5%-1.6%1.2%
VWIV27.8%16.0%66.9%31.2%24.9%
Skew 25d13.5%2.6%20.6%12.1%2.6%
Skew 10d12.1%3.8%21.4%21.4%3.8%
Call IV 25d14.7%8.4%24.9%21.7%24.9%
Put IV 25d28.2%23.6%34.3%33.8%27.5%
Bid-Ask Spread %94.8284.96102.3484.9693.66
Gamma HHI0.660.450.910.530.46
Net GEX-72.1K-109.8K4.1K-79.0K4.1K
Net DEX2.8M1.6M3.6M3.6M1.6M
Net VEX-10.0K-12.6K-8.4K-8.6K-11.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.300.176.900.560.22
Total Volume299.3336285098467
Total OI4,455.3333,7504,9254,3234,447

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-01-02$18.02$20.0031.2%8.9%30.7%56.4%31.2%12.1%-1.6%-79.0K3.6M-8.6K0.5684.9663351,3312,992
2019-01-03$18.09$20.0030.6%8.3%30.1%55.0%29.1%16.4%-1.2%-82.0K3.6M-8.8K0.2891.1583231,3372,997
2019-01-04$18.55$17.5025.3%8.2%31.8%42.5%16.0%14.3%-2.7%-90.4K3.2M-10.0K0.2796.54162431,3802,990
2019-01-07$19.02$17.5018.3%5.2%33.5%25.8%30.0%8.4%1.5%-99.8K2.9M-10.4K2.2691.2319431,4712,989
2019-01-08$19.20$17.5015.4%3.5%33.7%19.0%27.0%10.5%8.4%-104.7K2.8M-10.2K1.6097.2030481,4803,051
2019-01-09$19.14$17.5013.1%3.7%33.3%13.5%20.9%13.4%9.5%-109.8K2.9M-10.2K0.2098.79274561,4903,057
2019-01-10$19.04$17.5014.8%4.3%33.3%17.7%23.6%14.8%9.0%-91.3K3.2M-9.2K0.2089.06282571,4283,059
2019-01-11$18.78$17.5016.0%4.6%32.4%20.3%26.2%17.3%11.5%-77.8K3.3M-8.8K1.6991.531702871,4313,067
2019-01-14$18.67$20.0031.0%8.9%32.1%55.9%30.4%20.6%-6.7%-76.3K3.5M-8.5K1.9889.6843851,4313,197
2019-01-15$18.80$20.0020.0%5.7%30.4%29.8%26.5%11.9%4.5%-84.0K3.5M-8.4K1.4296.4343611,4373,238
2019-01-16$19.06$20.0015.1%4.3%29.5%18.2%26.2%19.0%10.1%-105.5K3.4M-8.6K1.1297.2185951,4393,250
2019-01-17$18.91$20.0017.8%5.1%28.2%24.7%23.4%13.8%6.2%-104.3K3.2M-9.5K0.34102.343741291,4613,255
2019-01-18$18.98$20.0015.3%4.4%28.1%18.8%23.1%15.4%10.4%-63.8K3.2M-9.6K0.5997.412081221,7013,224
2019-01-22$18.61$20.0024.2%6.9%27.1%39.9%22.4%11.0%3.5%-57.4K2.4M-9.3K5.0397.00391961,2662,484
2019-01-23$18.69$20.0027.0%7.7%26.7%46.5%24.9%8.0%-0.6%-69.4K2.5M-10.5K6.9097.11312141,2962,690
2019-01-24$18.88$20.0018.2%5.2%24.8%25.6%29.5%20.3%11.3%-69.8K2.4M-9.9K0.3597.825341881,3002,690
2019-01-25$19.03$20.0018.7%5.4%20.8%26.8%29.5%20.5%6.6%-48.7K2.2M-11.5K0.3793.415111871,6692,684
2019-01-28$19.03$20.0016.4%4.7%18.1%21.3%26.6%10.7%7.5%-31.6K2.0M-12.6K0.1794.5463112,0332,684
2019-01-29$19.03$20.0016.8%4.8%18.2%22.4%25.1%8.6%7.8%-37.3K2.3M-11.8K0.1796.9964111,9102,676
2019-01-30$19.23$20.0020.5%5.9%18.0%31.2%66.9%14.6%8.6%-34.4K2.1M-12.2K1.6397.103235271,8702,680
2019-01-31$18.60$17.5018.8%7.8%22.1%27.1%24.9%2.6%1.2%4.1K1.6M-11.3K0.2293.66384832,1972,250