KNOP Options History — June 2019

In June 2019, KNOP traded between $18.89 and $19.20. ATM implied volatility averaged 17.3%, placing in the 27.4% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 3.8% (HV 20d: 13.4%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 3.39.

Notable Days

2019-06-14: Highest Volume — 346 contracts
2019-06-10: Largest IV spike — 41.9% change
2019-06-06: Highest IV Rank — 46.1%
2019-06-05: Largest Expected Move — 5.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.04	$18.89	$19.20	$18.96	$19.05
Max Pain	$20.00	$20.00	$20.00	$20.00	$20.00
ATM IV	17.3%	12.2%	23.0%	15.0%	12.2%
Expected Move	4.8%	3.5%	5.9%	4.3%	3.5%
HV 20d	13.4%	9.2%	15.9%	15.0%	9.2%
HV 60d	17.7%	16.0%	20.3%	20.3%	16.0%
IV Rank	27.4%	6.8%	46.1%	22.6%	6.8%
IV Percentile	37.9%	3.2%	76.2%	21.4%	3.2%
Term Structure	-0.1%	-4.3%	8.3%	6.2%	8.3%
VWIV	16.6%	12.5%	22.7%	12.5%	13.1%
Skew 25d	3.5%	-5.8%	15.4%	3.1%	15.4%
Skew 10d	5.1%	-8.1%	10.2%	4.4%	10.1%
Call IV 25d	18.7%	10.9%	24.4%	14.0%	10.9%
Put IV 25d	22.2%	15.9%	26.3%	17.2%	26.3%
Bid-Ask Spread %	70.96	53.56	86.10	68.55	55.07
Gamma HHI	0.58	0.44	0.70	0.60	0.44
Net GEX	89.7K	-14.8K	187.3K	109.2K	-1.3K
Net DEX	672.8K	170.6K	1.0M	763.7K	745.6K
Net VEX	-8.3K	-10.1K	-6.6K	-9.4K	-7.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.39	0.11	13.67	0.11	2.04
Total Volume	123.75	1	346	216	82
Total OI	5,123.2	3,818	5,601	5,523	3,941

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2019-06-03	$18.96	$20.00	15.0%	4.3%	15.0%	22.6%	12.5%	3.1%	6.2%	109.2K	763.7K	-9.4K	0.11	68.55	194	22	3,488	2,035
2019-06-04	$19.20	$20.00	18.3%	5.2%	15.8%	32.2%	21.1%	-5.7%	-2.5%	187.3K	170.6K	-10.1K	0.12	58.66	197	23	3,363	2,043
2019-06-05	$19.06	$20.00	20.7%	5.9%	15.9%	39.3%	22.7%	-5.8%	-4.3%	144.2K	453.0K	-9.6K	0.17	59.12	197	33	3,399	2,044
2019-06-06	$18.97	$20.00	23.0%	5.4%	15.9%	46.1%	19.4%	4.0%	-0.6%	132.7K	554.4K	-9.4K	0.19	73.34	181	34	3,399	2,054
2019-06-07	$19.06	$20.00	14.9%	5.2%	15.9%	22.3%	19.4%	3.3%	-0.3%	150.2K	533.4K	-9.3K	0.70	78.40	162	113	3,403	2,055
2019-06-10	$18.89	$20.00	21.2%	4.8%	15.6%	40.8%	0.0%	0.7%	-0.9%	109.2K	766.4K	-9.0K	0.00	55.92	0	1	3,442	2,095
2019-06-11	$19.03	$20.00	20.9%	5.4%	14.7%	39.8%	18.5%	3.6%	-0.0%	149.0K	566.7K	-9.1K	0.00	84.48	0	16	3,442	2,096
2019-06-12	$18.90	$20.00	17.4%	5.0%	13.9%	29.4%	14.3%	1.3%	-2.2%	123.2K	590.2K	-9.1K	0.73	85.32	22	16	3,442	2,107
2019-06-13	$19.07	$20.00	18.9%	5.4%	14.2%	33.8%	18.0%	4.0%	-0.7%	161.0K	419.2K	-9.0K	1.08	86.10	37	40	3,473	2,107
2019-06-14	$19.03	$20.00	16.2%	4.6%	13.9%	26.0%	18.7%	3.3%	-0.5%	147.9K	548.9K	-8.7K	0.13	84.88	306	40	3,473	2,111
2019-06-17	$18.97	$20.00	17.4%	5.0%	13.6%	29.6%	15.1%	1.2%	-1.4%	118.9K	773.4K	-8.1K	13.67	82.85	3	41	3,459	2,111
2019-06-18	$19.02	$20.00	16.6%	4.8%	13.3%	27.1%	16.2%	2.5%	-1.1%	105.0K	842.9K	-7.8K	3.58	81.15	12	43	3,453	2,148
2019-06-19	$19.03	$20.00	16.9%	4.8%	12.3%	27.9%	16.4%	2.3%	-1.4%	146.9K	445.8K	-7.9K	4.42	84.22	12	53	3,464	2,121
2019-06-20	$19.01	$20.00	15.2%	4.4%	12.3%	23.0%	14.7%	4.4%	0.5%	-11.5K	1.0M	-6.9K	3.12	63.78	17	53	3,464	2,101
2019-06-21	$19.02	$20.00	16.5%	4.7%	11.9%	22.9%	16.0%	4.8%	-0.3%	-6.3K	899.6K	-7.3K	3.12	67.85	17	53	3,463	2,101
2019-06-24	$19.02	$20.00	13.4%	3.8%	11.8%	13.3%	13.4%	12.5%	3.6%	-14.8K	893.3K	-7.3K	0.82	53.56	97	80	1,760	2,058
2019-06-25	$19.16	$20.00	16.7%	4.8%	11.8%	21.4%	15.1%	5.9%	-1.8%	12.8K	799.8K	-7.3K	10.13	64.49	8	81	1,845	2,058
2019-06-26	$19.11	$20.00	17.2%	4.9%	11.8%	22.8%	16.3%	2.5%	0.6%	11.8K	915.6K	-6.6K	10.38	59.96	8	83	1,851	2,058
2019-06-27	$19.14	$20.00	16.7%	4.8%	10.1%	21.3%	14.9%	6.4%	-2.1%	18.6K	742.8K	-7.3K	6.54	71.45	13	85	1,880	2,057
2019-06-28	$19.05	$20.00	12.2%	3.5%	9.2%	6.8%	13.1%	15.4%	8.3%	-1.3K	745.6K	-7.6K	2.04	55.07	27	55	1,886	2,055