KNOP Options History — July 2019

In July 2019, KNOP traded between $19.09 and $20.23. ATM implied volatility averaged 15.7%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 3.5% (HV 20d: 12.3%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 1.19.

Notable Days

  • 2019-07-25: Highest Volume — 1,062 contracts
  • 2019-07-30: Largest IV drop — 22.7% change
  • 2019-07-12: Highest IV Rank — 25.4%
  • 2019-07-08: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.77$19.09$20.23$19.10$19.43
Max Pain$19.66$17.50$20.00$20.00$20.00
ATM IV15.7%11.8%18.0%13.6%12.7%
Expected Move4.6%3.4%5.5%3.9%3.6%
HV 20d12.3%7.5%16.9%9.1%16.8%
HV 60d15.1%13.9%16.7%16.0%13.9%
IV Rank18.2%5.8%25.4%11.4%8.4%
IV Percentile26.1%2.8%44.0%9.1%4.8%
Term Structure1.0%-2.3%5.7%5.7%5.2%
VWIV17.1%11.7%22.1%15.9%12.6%
Skew 25d2.7%-2.1%16.7%16.7%3.4%
Skew 10d1.5%-18.3%11.5%11.5%-16.8%
Call IV 25d16.3%12.3%17.8%12.3%17.6%
Put IV 25d18.9%15.1%29.0%29.0%21.0%
Bid-Ask Spread %79.7751.02101.7361.37101.73
Gamma HHI0.640.350.850.450.65
Net GEX109.8K-31.7K286.8K933136.6K
Net DEX-39.2K-992.6K1.1M753.9K44.0K
Net VEX-7.6K-9.1K-5.7K-7.2K-9.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.190.036.676.670.90
Total Volume283.636231,06223219
Total OI3,825.3182,4524,7133,9503,798

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-07-01$19.10$20.0013.6%3.9%9.1%11.4%15.9%16.7%5.7%933753.9K-7.2K6.6761.373201,9052,045
2019-07-02$19.09$20.0011.9%3.4%7.9%6.0%12.7%1.9%5.7%21.9K1.1M-5.7K0.2551.02102261,9042,057
2019-07-03$19.11$20.0014.4%4.1%7.5%14.1%17.3%3.3%5.7%33.1K909.8K-6.5K0.2962.19107312,0042,063
2019-07-05$19.55$20.0016.5%4.5%10.8%20.7%18.7%3.6%-1.5%77.7K312.1K-7.4K0.6278.6645282,0042,063
2019-07-08$19.91$20.0014.8%5.5%12.3%15.3%20.0%0.1%-0.4%124.2K-214.1K-7.9K0.4079.9543172,0432,063
2019-07-09$19.83$17.5017.3%5.3%11.8%23.3%19.0%-2.1%-0.5%106.5K-219.7K-7.8K0.0790.959772,0382,063
2019-07-10$19.86$20.0017.1%4.9%11.6%22.6%17.9%-1.4%-0.1%133.7K-168.5K-7.7K1.4786.17731072,0742,064
2019-07-11$20.02$20.0017.9%5.1%11.3%25.2%18.6%-0.8%-0.3%144.2K-483.7K-8.0K1.9174.41561072,0862,162
2019-07-12$20.18$20.0018.0%5.1%11.2%25.4%18.3%3.1%-0.9%156.3K-992.6K-7.7K1.6778.62751252,0882,162
2019-07-15$20.09$20.0015.6%4.5%11.4%17.8%15.6%2.2%2.2%214.5K-762.9K-7.4K0.4070.55175702,0942,172
2019-07-16$20.12$20.0016.1%4.6%11.2%19.3%22.1%3.4%1.0%183.5K-864.5K-7.9K0.0878.88210162,2572,222
2019-07-17$20.11$17.5015.7%4.5%11.3%18.1%20.6%3.5%2.1%252.0K-831.8K-7.9K0.0378.7522472,2822,223
2019-07-18$20.02$17.5016.0%4.6%11.6%19.1%16.2%1.5%0.2%254.8K-491.4K-7.6K0.8274.423773092,2632,225
2019-07-19$20.01$20.0016.3%4.7%11.5%19.9%16.4%1.6%-0.6%286.8K54.4K-7.4K0.9975.623293262,1922,521
2019-07-22$20.11$20.0017.4%5.0%11.5%23.7%17.4%2.0%-1.8%-27.1K385.6K-7.1K0.5077.3838191,3301,354
2019-07-23$20.23$20.0017.6%5.0%11.5%24.1%17.6%1.4%-2.3%-24.5K193.5K-7.8K2.6974.11481291,3681,373
2019-07-24$20.12$20.0015.3%4.4%11.8%16.7%15.3%-0.1%0.9%-31.7K405.0K-7.4K3.5180.431214251,3461,357
2019-07-25$19.49$20.0017.3%5.0%16.9%23.2%17.4%2.4%-1.2%13.3K160.1K-6.5K0.2783.358362261,3511,101
2019-07-26$19.47$20.0017.5%5.0%16.9%24.0%17.7%4.0%-1.6%81.2K-79.6K-7.9K0.38100.705932271,9371,193
2019-07-29$19.49$20.0015.3%4.4%16.8%16.8%17.5%2.3%-1.4%130.2K-125.6K-8.6K2.1096.5929612,3421,288
2019-07-30$19.49$20.0011.8%3.4%16.8%5.8%11.7%6.8%4.9%146.9K57.1K-8.5K0.2599.07126312,3421,338
2019-07-31$19.43$20.0012.7%3.6%16.8%8.4%12.6%3.4%5.2%136.6K44.0K-9.1K0.90101.731151042,4441,354