KNOP Options History — December 2019

In December 2019, KNOP traded between $18.88 and $19.88. ATM implied volatility averaged 18.1%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 6.2% (HV 20d: 11.8%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 1.68.

Notable Days

  • 2019-12-30: Highest Volume — 512 contracts
  • 2019-12-10: Largest IV drop — 28.5% change
  • 2019-12-09: Highest IV Rank — 29.3%
  • 2019-12-04: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.38$18.88$19.88$18.88$19.88
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV18.1%14.5%26.5%19.5%18.9%
Expected Move4.8%4.0%6.1%5.6%5.4%
HV 20d11.8%10.4%13.1%12.6%10.4%
HV 60d13.0%12.6%13.3%13.1%13.0%
IV Rank14.3%7.9%29.3%16.9%15.8%
IV Percentile45.7%15.1%87.7%57.5%59.9%
Term Structure0.3%-6.5%7.1%3.7%-6.1%
VWIV16.5%12.0%19.5%16.4%17.5%
Skew 25d0.4%-5.1%7.2%0.6%-2.1%
Skew 10d-2.6%-12.4%5.9%-8.4%-3.7%
Call IV 25d18.0%15.5%22.5%17.7%20.8%
Put IV 25d18.4%12.3%25.4%18.3%18.7%
Bid-Ask Spread %91.0479.43107.9791.4481.70
Gamma HHI0.740.530.920.530.88
Net GEX118.4K41.2K242.1K41.2K177.7K
Net DEX-348.9K-936.8K185.4K156.9K-936.8K
Net VEX-5.9K-7.0K-5.1K-5.8K-6.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.680.0025.000.270.00
Total Volume115.333851266223
Total OI3,307.3813,1393,7043,1393,292

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-12-02$18.88$20.0019.5%5.6%12.6%16.9%16.4%0.6%3.7%41.2K156.9K-5.8K0.2791.4452141,9371,202
2019-12-03$18.90$20.0016.7%4.8%12.4%11.9%0.0%1.2%4.6%42.3K185.4K-5.5K25.00100.422501,9671,214
2019-12-04$18.95$20.0021.2%6.1%12.4%19.8%0.0%5.2%4.1%46.3K168.0K-5.2K2.00107.975101,9671,252
2019-12-05$18.90$20.0020.8%4.6%12.3%19.2%14.0%1.1%1.8%42.4K116.4K-5.6K0.6097.48531,9711,242
2019-12-06$18.97$20.0023.9%4.0%11.9%24.8%19.5%3.7%1.2%54.2K52.7K-5.3K1.8581.5440741,9761,245
2019-12-09$18.91$20.0026.5%4.2%12.0%29.3%18.2%2.7%0.6%49.1K137.9K-5.1K4.0098.283122,0021,197
2019-12-10$19.07$20.0019.0%4.4%12.4%15.9%17.8%3.0%-6.2%62.3K-16.7K-5.5K0.0099.785902,0041,205
2019-12-11$19.15$20.0014.5%4.2%12.1%8.0%12.0%-4.8%-6.5%71.9K-44.3K-5.2K0.0895.4810082,0111,205
2019-12-12$19.31$20.0015.0%4.3%10.9%8.8%0.0%7.2%-5.7%104.6K-209.3K-5.8K0.1089.552122,0831,213
2019-12-13$19.32$20.0016.5%4.7%10.9%11.5%16.7%5.9%0.2%104.8K-153.9K-5.1K0.0098.875502,0791,213
2019-12-16$19.70$20.0017.3%5.0%12.6%13.0%17.6%4.8%-2.5%202.0K-574.2K-6.0K0.0582.41466252,0511,213
2019-12-17$19.52$20.0014.5%4.1%13.0%7.9%15.2%-2.2%1.1%191.9K-476.0K-5.9K0.05103.01199102,3221,221
2019-12-18$19.46$20.0016.7%4.8%12.9%11.9%0.0%-4.9%-1.9%183.2K-505.0K-6.4K0.0083.671702,4421,215
2019-12-19$19.66$20.0017.5%5.0%13.1%13.3%0.0%-3.8%-0.8%242.1K-840.8K-6.9K0.0094.873002,4591,215
2019-12-20$19.72$20.0014.8%4.3%10.9%8.5%14.8%-5.1%2.1%126.2K-603.8K-6.8K0.05100.31212102,4891,215
2019-12-23$19.81$20.0018.9%5.4%10.9%15.9%18.9%1.0%7.1%139.3K-810.7K-7.0K0.0079.943102,0291,168
2019-12-24$19.84$20.0015.3%4.4%10.9%9.4%15.3%-1.6%5.6%161.6K-820.0K-6.8K0.0083.741902,0361,168
2019-12-26$19.72$20.0016.7%4.8%11.3%11.9%0.0%-1.3%1.4%152.4K-690.3K-6.6K0.2680.191952,0581,168
2019-12-27$19.66$20.0017.1%4.9%11.0%12.6%17.2%-1.3%1.0%142.0K-662.6K-6.5K0.8781.8169602,0651,168
2019-12-30$19.69$20.0017.5%5.0%11.0%13.3%17.5%-1.7%1.5%147.9K-799.5K-5.9K0.0079.4351202,0771,199
2019-12-31$19.88$20.0018.9%5.4%10.4%15.8%0.0%-2.1%-6.1%177.7K-936.8K-6.1K0.0081.7022302,0931,199