KNOP Options History — October 2020

In October 2020, KNOP traded between $12.86 and $13.98. ATM implied volatility averaged 37.8%, placing in the 22.4% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 14.4% (HV 20d: 23.5%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 2.59.

Notable Days

  • 2020-10-27: Highest Volume — 239 contracts
  • 2020-10-21: Largest IV spike — 31.0% change
  • 2020-10-30: Highest IV Rank — 35.7%
  • 2020-10-30: Largest Expected Move — 15.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.41$12.86$13.98$12.86$13.05
Max Pain$12.05$10.00$15.00$12.50$15.00
ATM IV37.8%22.7%54.8%34.6%54.8%
Expected Move11.3%8.5%15.7%9.9%15.7%
HV 20d23.5%17.5%32.4%19.6%32.3%
HV 60d36.9%35.9%37.8%37.7%37.3%
IV Rank22.4%10.5%35.7%19.9%35.7%
IV Percentile51.4%33.7%78.6%47.2%78.6%
Term Structure1.7%-30.5%21.0%12.0%-30.5%
VWIV36.2%21.8%53.2%34.6%53.2%
Skew 25d20.8%-4.2%65.0%10.9%5.1%
Skew 10d40.2%-8.0%120.6%24.0%13.3%
Call IV 25d33.9%23.0%53.0%29.2%53.0%
Put IV 25d54.7%36.5%94.4%40.1%58.1%
Bid-Ask Spread %100.4586.46108.5499.96107.80
Gamma HHI0.560.320.860.370.51
Net GEX5.9K2615.7K1406.8K
Net DEX-139.3K-365.6K158.1K158.1K136.2K
Net VEX-3.1K-3.9K-2.6K-3.4K-3.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.590.0016.670.351.05
Total Volume106.45572395445
Total OI3,002.7731,9713,7763,4082,579

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-10-01$12.86$12.5034.6%9.9%19.6%19.9%34.6%10.9%12.0%140158.1K-3.4K0.3599.9640141,8821,526
2020-10-02$12.96$12.5032.6%9.3%19.7%18.3%27.1%10.8%17.0%1.2K124.8K-3.5K0.0598.383721,9051,538
2020-10-05$13.11$10.0039.7%11.6%19.9%23.9%32.5%49.3%-0.4%1.8K10.9K-3.3K4.5087.714181,9191,540
2020-10-06$12.95$10.0030.1%11.1%20.5%16.4%38.7%65.0%3.6%2642.3K-3.3K0.26107.68134351,9141,541
2020-10-07$13.11$10.0022.7%8.5%19.2%10.5%28.2%34.8%16.1%5.7K-158.1K-3.1K0.52106.1746241,9951,559
2020-10-08$13.18$10.0023.0%11.7%18.2%10.8%29.7%38.6%0.3%3.3K-214.7K-3.2K6.0099.39162,0411,559
2020-10-09$13.30$10.0026.0%9.3%18.3%13.1%35.4%19.3%1.8%5.5K-255.3K-3.2K0.04108.154622,0451,561
2020-10-12$13.31$10.0033.1%9.4%17.5%18.7%39.4%17.1%8.5%7.5K-233.3K-2.9K13.00101.89121562,0261,561
2020-10-13$13.25$12.5041.8%9.3%17.5%25.5%39.8%24.5%0.1%2.0K-114.9K-3.3K16.67104.9361002,0171,648
2020-10-14$13.77$12.5036.7%10.5%21.9%21.5%31.3%5.9%0.7%6.6K-311.5K-2.8K0.0086.4615802,0231,748
2020-10-15$13.98$12.5034.1%9.8%22.2%19.5%21.8%21.1%17.7%1.2K-365.6K-2.6K0.0595.3416082,0281,748
2020-10-16$13.84$12.5040.1%11.5%22.5%24.2%38.5%16.2%6.7%5.8K-340.1K-3.0K0.7587.0564482,0111,749
2020-10-19$13.74$12.5040.3%11.5%22.7%24.3%36.3%12.2%-5.6%7.2K-201.3K-2.7K0.35100.5569241,077894
2020-10-20$13.74$12.5037.3%10.7%21.5%22.0%43.6%10.7%12.3%6.0K-193.9K-2.6K11.6798.666701,126916
2020-10-21$13.21$12.5048.8%14.0%25.8%31.0%48.6%38.8%-9.1%5.0K13.2K-2.9K0.4598.5149221,142986
2020-10-22$13.74$12.5038.6%11.1%28.3%23.0%30.7%8.3%-4.8%6.0K-234.0K-2.6K0.0598.452111,1821,008
2020-10-23$13.89$12.5040.9%11.7%28.1%24.8%41.4%-4.2%-4.2%9.9K-306.0K-2.9K0.0998.35143131,2011,009
2020-10-26$13.63$12.5037.9%10.9%29.2%22.4%37.5%20.0%-6.5%11.2K-201.2K-2.9K0.19108.54112211,3381,018
2020-10-27$13.81$12.5041.3%11.8%29.3%25.1%41.0%8.3%-10.5%14.9K-349.7K-3.1K0.00104.2723811,3951,039
2020-10-28$13.49$12.5044.0%12.6%29.7%27.2%28.0%21.4%21.0%15.7K-185.3K-3.6K0.25106.05185461,5821,040
2020-10-29$13.04$15.0054.3%15.6%32.4%35.3%40.2%24.0%-8.8%6.2K114.0K-3.6K0.70105.5791641,3711,074
2020-10-30$13.05$15.0054.8%15.7%32.3%35.7%53.2%5.1%-30.5%6.8K136.2K-3.9K1.05107.8022231,4661,113