KNOP Options History — October 2019

In October 2019, KNOP traded between $18.91 and $19.97. ATM implied volatility averaged 15.4%, placing in the 8.9% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 4.8% (HV 20d: 10.6%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 15 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 1.63.

Notable Days

  • 2019-10-31: Highest Volume — 539 contracts
  • 2019-10-04: Largest IV drop — 46.1% change
  • 2019-10-03: Highest IV Rank — 25.1%
  • 2019-10-02: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.46$18.91$19.97$19.11$19.05
Max Pain$18.15$17.50$20.00$20.00$20.00
ATM IV15.4%10.3%24.1%17.7%18.1%
Expected Move4.2%3.0%6.9%5.1%5.2%
HV 20d10.6%9.1%15.7%9.1%15.6%
HV 60d12.2%10.7%13.0%12.3%12.8%
IV Rank8.9%0.0%25.1%13.7%14.0%
IV Percentile22.4%0.0%78.2%38.9%44.4%
Term Structure1.8%-10.1%7.8%-10.0%5.4%
VWIV16.3%9.0%23.1%21.9%23.1%
Skew 25d7.3%-5.4%133.8%5.3%3.2%
Skew 10d4.6%-23.5%162.3%7.3%-1.4%
Call IV 25d15.1%7.2%23.4%23.4%19.3%
Put IV 25d22.5%11.2%145.1%28.8%22.4%
Bid-Ask Spread %101.7683.11111.9887.70106.20
Gamma HHI0.540.450.790.480.47
Net GEX19.7K-18.9K68.4K-12.5K21.1K
Net DEX169.1K-446.8K482.1K397.7K186.1K
Net VEX-4.1K-6.0K-2.8K-4.5K-6.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.630.0019.001.550.09
Total Volume107.696653928539
Total OI2,971.1742,0653,4843,2492,575

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-10-01$19.11$20.0017.7%5.1%9.1%13.7%21.9%5.3%-10.0%-12.5K397.7K-4.5K1.5587.7011171,6401,609
2019-10-02$18.91$20.0024.0%6.9%10.1%24.9%22.1%8.9%-10.1%-15.5K482.1K-4.7K0.0083.11601,6511,600
2019-10-03$19.02$17.5024.1%3.9%10.2%25.1%0.0%5.5%5.5%-18.9K431.1K-4.2K0.08102.3510181,6521,600
2019-10-04$19.27$17.5013.0%3.1%11.0%4.4%10.7%9.3%6.4%-1.2K396.8K-3.6K0.44101.6290401,6401,595
2019-10-07$19.16$17.5017.9%3.6%10.2%13.2%0.0%133.8%4.8%-11.1K470.8K-3.8K0.83104.20651,6421,615
2019-10-08$19.17$17.5019.5%5.0%10.2%16.1%0.0%-3.8%-3.0%-13.7K444.7K-3.6K5.29106.667371,6451,619
2019-10-09$19.38$17.5015.5%4.4%10.7%8.8%0.0%-5.4%-1.5%4.5K412.0K-2.8K0.12111.982531,6421,656
2019-10-10$19.44$17.5015.6%4.5%10.2%8.9%0.0%-5.4%-1.2%5.8K402.6K-3.8K0.13108.716481,6671,656
2019-10-11$19.61$17.5015.1%4.3%10.2%8.1%15.3%-4.6%-1.0%40.0K202.8K-4.3K0.04108.4622681,7271,638
2019-10-14$19.47$17.5011.1%3.2%10.6%0.9%11.8%1.5%5.4%56.7K267.0K-3.2K19.00103.172381,8011,642
2019-10-15$19.47$17.5010.5%3.0%10.6%0.0%9.0%3.0%6.9%27.3K368.1K-3.2K0.44100.1345201,8011,670
2019-10-16$19.43$17.5010.3%3.0%10.5%0.0%0.0%1.8%5.8%20.9K404.7K-3.0K2.50100.338201,7971,664
2019-10-17$19.49$17.5011.0%3.1%10.3%1.2%0.0%3.6%5.7%37.5K400.7K-2.9K4.0099.565201,8051,654
2019-10-18$19.57$17.5014.2%4.1%9.8%7.0%16.0%-3.6%-0.6%-9.8K429.1K-3.1K0.7493.0080591,8101,674
2019-10-21$19.71$17.5015.3%4.4%9.8%9.0%15.7%-1.7%-0.2%-468-92.9K-3.4K0.0797.56147101,0021,063
2019-10-22$19.81$17.5015.4%4.4%9.6%9.1%0.0%-3.2%-1.7%24.7K-275.1K-4.1K0.04108.8311851,1451,063
2019-10-23$19.97$17.5017.9%5.1%9.8%13.5%17.9%-1.5%-1.9%45.2K-446.8K-4.7K0.0399.8923181,2271,068
2019-10-24$19.89$17.5016.4%4.7%9.7%10.9%16.8%-3.0%-1.7%68.4K-416.4K-4.9K0.45103.2831141,3851,075
2019-10-25$19.88$17.5013.6%3.9%9.7%5.8%15.9%5.7%7.3%52.1K-415.0K-5.0K0.40100.26108431,4041,085
2019-10-28$19.83$20.0010.4%3.0%9.8%0.2%12.4%4.0%6.5%62.1K-259.0K-4.8K0.52105.6129151,3861,089
2019-10-29$19.76$20.0011.7%3.4%10.0%2.6%16.2%9.0%7.8%51.5K-108.7K-4.7K0.5496.2282441,3541,104
2019-10-30$19.10$20.0014.9%4.3%15.7%8.2%20.3%6.0%7.5%18.9K207.4K-5.7K0.09111.708681,3691,131
2019-10-31$19.05$20.0018.1%5.2%15.6%14.0%23.1%3.2%5.4%21.1K186.1K-6.0K0.09106.20494451,4501,125