KNOP Options History — April 2019

In April 2019, KNOP traded between $18.93 and $20.36. ATM implied volatility averaged 19.7%, placing in the 36.2% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 0.1% (HV 20d: 19.8%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.74.

Notable Days

  • 2019-04-26: Highest Volume — 754 contracts
  • 2019-04-10: Largest IV spike — 46.8% change
  • 2019-04-10: Highest IV Rank — 46.3%
  • 2019-04-10: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.88$18.93$20.36$19.20$20.17
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV19.7%13.1%23.1%13.1%19.6%
Expected Move5.8%4.4%6.6%4.7%5.6%
HV 20d19.8%14.5%25.2%23.8%14.7%
HV 60d18.8%17.2%19.6%19.6%17.2%
IV Rank36.2%16.7%46.3%16.7%35.9%
IV Percentile50.2%9.9%70.6%9.9%51.6%
Term Structure-1.0%-4.0%8.0%8.0%-1.3%
VWIV21.0%13.3%26.7%14.1%19.7%
Skew 25d2.9%-3.5%10.4%2.1%-1.8%
Skew 10d3.8%-4.2%16.7%5.0%-3.8%
Call IV 25d19.4%13.7%21.8%13.7%20.9%
Put IV 25d22.3%15.8%29.8%15.8%19.1%
Bid-Ask Spread %80.4774.4191.2487.4177.49
Gamma HHI0.660.420.840.730.55
Net GEX143.3K9.4K364.8K115.9K82.7K
Net DEX-391.4K-2.4M1.0M675.7K-211.1K
Net VEX-12.0K-14.8K-9.6K-13.2K-10.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.042.321.310.34
Total Volume325.2383775437228
Total OI5,156.7143,2216,1096,0513,820

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$19.20$20.0013.1%4.7%23.8%16.7%14.1%2.1%8.0%115.9K675.7K-13.2K1.3187.4116213,4332,618
2019-04-02$19.12$20.0014.6%4.4%23.7%21.3%13.3%0.4%5.9%97.8K610.4K-13.7K1.3186.1216213,4282,618
2019-04-03$18.93$20.0018.1%5.0%23.5%31.6%16.7%9.7%1.0%73.1K995.4K-12.8K2.3283.0919443,4282,618
2019-04-04$19.04$20.0015.4%4.6%23.4%23.7%22.9%9.0%0.5%88.5K1.0M-12.8K2.1482.8935753,4282,651
2019-04-05$19.18$20.0017.7%4.9%23.1%30.3%26.7%9.0%0.3%108.6K711.3K-13.3K1.3377.5364853,4302,676
2019-04-08$19.77$20.0017.1%5.7%24.8%28.7%21.1%3.7%-1.4%191.3K-534.0K-14.8K0.7082.082631843,4302,676
2019-04-09$19.99$20.0015.7%5.9%24.8%24.6%21.5%5.1%-2.2%236.4K-1.1M-14.3K1.2486.541361693,2742,794
2019-04-10$20.36$20.0023.1%6.6%25.2%46.3%23.6%10.4%-3.2%196.7K-2.4M-13.5K0.8377.073763123,2092,769
2019-04-11$20.31$20.0022.9%6.6%21.4%45.6%22.9%1.3%-2.5%204.5K-2.3M-13.9K0.5380.514492373,2782,799
2019-04-12$20.20$20.0022.1%6.4%21.1%43.5%23.7%9.0%-2.3%211.7K-1.7M-13.4K0.7979.492331833,1462,842
2019-04-15$20.06$20.0022.7%6.5%19.6%45.1%22.7%7.9%-2.7%284.4K-1.4M-12.3K0.2480.62359863,0632,887
2019-04-16$20.05$20.0019.4%5.6%19.7%35.5%19.5%-1.8%-0.6%284.8K-1.1M-12.4K0.0775.59626443,1462,963
2019-04-17$20.01$20.0020.9%6.0%19.6%39.9%20.9%-1.7%-2.5%325.1K-639.1K-11.0K0.1691.24456722,8592,980
2019-04-18$20.05$20.0021.5%6.2%19.6%41.5%21.5%-3.5%-2.8%364.8K-729.8K-10.2K0.3286.74183582,6763,002
2019-04-22$20.11$20.0022.8%6.5%14.6%45.4%22.7%-1.7%-3.7%23.9K-76.3K-9.6K0.8177.76115931,4511,770
2019-04-23$20.11$20.0022.1%6.3%14.7%43.4%22.4%8.6%-2.8%11.7K54.0K-9.9K0.6276.78121751,4221,861
2019-04-24$20.16$20.0022.8%6.5%14.6%45.4%22.8%-3.0%-4.0%9.4K119.9K-10.0K0.1674.87121191,4221,925
2019-04-25$20.19$20.0020.7%5.9%14.5%39.3%20.7%-0.6%-1.8%12.6K97.8K-10.1K0.1474.41141201,4221,925
2019-04-26$20.30$20.0019.8%5.7%14.5%36.5%19.8%0.7%-1.5%19.4K-53.7K-10.0K0.0475.08722321,4421,923
2019-04-29$20.20$20.0021.0%6.0%14.8%40.2%21.1%-1.8%-2.4%66.1K-161.4K-10.6K0.1576.58279421,8541,933
2019-04-30$20.17$20.0019.6%5.6%14.7%35.9%19.7%-1.8%-1.3%82.7K-211.1K-10.8K0.3477.49170581,9181,902