KNOP Options History — May 2019

In May 2019, KNOP traded between $18.88 and $19.82. ATM implied volatility averaged 18.7%, placing in the 33.4% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded below realized volatility by 0.6% (HV 20d: 19.4%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.74.

Notable Days

  • 2019-05-23: Highest Volume — 1,340 contracts
  • 2019-05-13: Largest IV spike — 29.3% change
  • 2019-05-13: Highest IV Rank — 55.5%
  • 2019-05-09: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.42$18.88$19.82$19.30$18.88
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV18.7%14.1%26.2%17.5%14.1%
Expected Move5.2%4.0%6.2%5.0%4.0%
HV 20d19.4%14.7%22.1%22.1%15.0%
HV 60d19.8%19.3%20.3%19.5%20.3%
IV Rank33.4%19.7%55.5%29.7%19.7%
IV Percentile44.9%13.9%82.9%35.7%13.9%
Term Structure0.1%-2.1%6.5%-1.1%6.5%
VWIV18.5%12.4%21.6%18.9%12.4%
Skew 25d4.1%-5.3%39.8%-1.5%1.8%
Skew 10d6.0%-8.3%54.8%-1.6%2.9%
Call IV 25d18.8%13.7%21.0%20.4%13.7%
Put IV 25d23.0%14.3%55.4%19.0%15.5%
Bid-Ask Spread %84.6853.87100.3976.6653.87
Gamma HHI0.530.390.760.470.58
Net GEX89.1K6.4K253.3K50.9K92.4K
Net DEX175.6K-793.1K793.3K286.3K793.3K
Net VEX-10.8K-12.8K-9.2K-10.3K-9.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.052.870.680.16
Total Volume330.409421,340352531
Total OI4,412.3183,7925,5133,8875,513

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$19.30$20.0017.5%5.0%22.1%29.7%18.9%-1.5%-1.1%50.9K286.3K-10.3K0.6876.662101421,9601,927
2019-05-02$19.44$20.0016.6%4.8%21.8%27.1%18.4%-4.5%-0.3%52.5K332.4K-10.9K0.4593.942271031,9852,009
2019-05-03$19.53$20.0014.7%4.2%21.8%21.5%15.7%0.4%1.9%69.5K173.6K-10.9K0.36100.39253921,9952,020
2019-05-06$19.51$20.0016.4%5.7%21.7%26.5%0.0%7.0%-2.1%67.6K196.0K-10.6K0.4083.0530122,0292,033
2019-05-07$19.42$20.0019.8%6.2%18.7%36.6%21.5%5.3%-1.5%50.2K341.7K-10.8K2.1185.3846972,0472,045
2019-05-08$19.37$20.0021.2%5.9%18.2%40.8%20.7%3.3%-0.6%57.4K272.9K-10.8K0.3494.65261882,0622,024
2019-05-09$19.23$20.0025.6%6.2%16.7%53.8%21.6%4.2%-1.5%42.2K469.6K-10.6K0.4582.192601182,0832,035
2019-05-10$19.44$20.0020.3%5.7%17.4%38.0%19.9%-3.5%-0.3%69.3K273.8K-10.9K2.8796.8415432,0882,080
2019-05-13$19.11$20.0026.2%5.9%18.2%55.5%20.9%2.1%-0.9%26.7K697.0K-10.0K1.4984.42681012,0882,080
2019-05-14$19.37$20.0025.2%5.8%19.0%52.4%20.1%-5.3%-0.7%48.5K553.6K-10.5K1.0488.712232322,1492,182
2019-05-15$19.49$20.0018.2%5.2%19.2%31.8%18.2%-3.7%0.9%64.1K373.5K-10.6K1.1889.9134402,1532,182
2019-05-16$19.61$20.0019.2%5.5%19.4%34.9%19.2%-5.1%-0.5%101.5K191.7K-10.6K1.3092.7633432,1772,180
2019-05-17$19.43$20.0018.2%5.2%19.5%31.7%18.2%-3.3%0.4%6.4K587.1K-10.0K0.5692.45148832,1702,180
2019-05-20$19.58$20.0019.0%5.4%19.8%34.2%19.0%-2.9%0.2%23.4K141.4K-10.6K0.1492.3390131,8081,984
2019-05-21$19.82$20.0016.2%4.7%20.3%26.1%16.3%36.7%1.2%44.7K-81.5K-10.0K0.2390.7861141,8521,995
2019-05-22$19.72$20.0015.4%4.4%20.3%23.8%15.6%39.8%1.8%70.2K-34.6K-10.3K0.0888.75679532,0272,006
2019-05-23$19.52$20.0016.7%4.8%20.6%27.4%17.0%28.7%2.2%125.8K-131.9K-11.4K0.0582.701,276642,5202,008
2019-05-24$19.59$20.0017.0%4.9%20.5%28.3%16.9%-1.7%0.6%253.3K-793.1K-12.8K2.0987.1932673,2951,991
2019-05-28$19.41$20.0017.3%4.9%20.6%29.1%0.0%-0.3%0.7%241.3K-439.7K-11.7K0.1175.21203223,2931,989
2019-05-29$19.44$20.0019.9%5.7%20.7%36.9%20.0%-1.7%-2.0%225.1K-496.7K-12.1K0.0559.08640293,3322,002
2019-05-30$19.11$20.0017.3%5.0%14.7%29.2%20.1%-4.8%-1.6%177.5K157.5K-11.0K0.0671.69464293,4862,007
2019-05-31$18.88$20.0014.1%4.0%15.0%19.7%12.4%1.8%6.5%92.4K793.3K-9.2K0.1653.87459723,5062,007