KNOP Options History — August 2019

In August 2019, KNOP traded between $18.27 and $19.29. ATM implied volatility averaged 23.9%, placing in the 32.6% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 9.5% (HV 20d: 14.4%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 2.18.

Notable Days

  • 2019-08-14: Highest Volume — 345 contracts
  • 2019-08-12: Largest IV spike — 87.8% change
  • 2019-08-12: Highest IV Rank — 100.0%
  • 2019-08-27: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.67$18.27$19.29$19.29$18.55
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV23.9%10.9%66.2%14.8%13.5%
Expected Move5.5%3.1%7.2%4.2%3.9%
HV 20d14.4%12.9%17.2%17.1%13.4%
HV 60d13.7%13.1%14.3%13.9%13.3%
IV Rank32.6%1.5%100.0%15.2%6.2%
IV Percentile58.5%2.0%100.0%13.9%7.5%
Term Structure1.1%-4.1%8.3%2.7%6.4%
VWIV20.1%11.3%29.7%14.8%23.2%
Skew 25d3.2%-3.9%11.3%2.7%5.0%
Skew 10d6.0%-12.3%26.5%-12.3%2.3%
Call IV 25d18.9%11.0%26.4%16.7%12.5%
Put IV 25d22.1%12.7%28.6%19.4%17.4%
Bid-Ask Spread %96.3681.46113.3184.75100.79
Gamma HHI0.460.410.580.580.53
Net GEX4.6K-34.0K107.2K107.2K-34.0K
Net DEX865.0K122.7K1.3M122.7K1.1M
Net VEX-8.0K-9.2K-6.7K-9.2K-6.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.180.0015.000.847.20
Total Volume82.45513452391
Total OI3,766.1823,2444,2423,8543,408

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$19.29$20.0014.8%4.2%17.1%15.2%14.8%2.7%2.7%107.2K122.7K-9.2K0.8484.751301092,4631,391
2019-08-02$19.08$20.0019.0%5.5%15.4%28.8%23.6%6.8%5.5%75.2K330.5K-8.7K4.2581.46552342,4801,388
2019-08-05$18.84$20.0023.8%5.4%14.0%43.9%18.9%4.0%0.7%34.9K665.7K-8.9K0.0090.080832,4941,602
2019-08-06$18.77$20.0028.4%5.5%14.0%58.8%18.9%4.1%0.2%39.0K705.0K-9.2K15.0094.552302,4941,669
2019-08-07$18.81$20.0026.8%5.0%14.0%53.6%0.0%3.9%1.1%37.6K729.7K-9.1K0.0095.900292,4941,683
2019-08-08$18.63$20.0031.1%6.2%13.6%67.3%0.0%1.5%1.6%17.8K832.0K-8.8K0.0090.810312,4941,671
2019-08-09$18.57$20.0025.0%6.1%12.9%48.0%21.1%1.5%1.0%25.0K839.9K-8.6K0.3391.2261202,4941,699
2019-08-12$18.37$20.0047.0%6.4%13.2%100.0%0.0%-2.0%0.3%-3.8K1.1M-8.2K1.8597.0520372,5001,719
2019-08-13$18.34$20.0066.2%6.3%13.0%100.0%22.2%-0.0%-0.4%3.5K1.1M-7.9K1.0391.2539402,5201,722
2019-08-14$18.27$20.0022.9%6.6%12.9%22.9%13.3%8.5%-0.8%-29.1K1.3M-7.3K0.7391.031991462,4941,702
2019-08-15$18.36$20.0023.2%6.7%13.4%23.5%0.0%-0.1%1.1%7.7K1.1M-7.7K0.7291.5861442,4331,695
2019-08-16$18.78$20.0016.9%4.8%16.4%12.2%23.3%2.2%-3.2%-14.1K932.3K-7.8K1.5797.6821332,3841,675
2019-08-19$19.01$20.0014.4%4.1%17.1%7.9%16.5%-3.9%3.2%-5.1K658.4K-7.8K0.66101.8264421,6121,632
2019-08-20$18.80$20.0010.9%3.1%17.0%1.5%11.3%10.9%8.3%-11.0K805.6K-7.8K1.2097.2525301,6701,633
2019-08-21$18.87$20.0017.3%5.0%17.2%13.0%0.0%4.2%-2.2%-8.1K718.2K-8.2K0.00100.30701,6911,663
2019-08-22$18.81$20.0018.1%5.2%13.5%14.3%14.9%3.1%-2.5%-11.0K767.0K-7.9K0.0099.73031,6841,663
2019-08-23$18.62$20.0024.0%6.9%13.8%24.9%29.7%4.5%-1.9%-17.0K901.0K-7.8K0.14113.312131,6841,665
2019-08-26$18.53$20.0023.0%6.6%13.8%23.0%23.5%-0.5%-2.0%-22.8K1.0M-7.2K0.8697.4935301,6941,667
2019-08-27$18.47$20.0025.1%7.2%13.7%26.7%26.8%-0.5%-4.1%-29.7K1.1M-7.0K0.44108.5952231,6941,677
2019-08-28$18.52$20.0020.3%5.8%13.9%18.3%23.2%11.3%4.4%-28.6K1.1M-7.1K0.18103.281121,6941,690
2019-08-29$18.53$20.0014.4%4.1%13.8%7.8%0.0%2.7%5.1%-32.4K1.1M-6.7K7.20100.085361,6841,691
2019-08-30$18.55$20.0013.5%3.9%13.4%6.2%0.0%5.0%6.4%-34.0K1.1M-6.9K0.00100.79011,6841,724