KNOP Options History — June 2021

In June 2021, KNOP traded between $18.95 and $20.16. ATM implied volatility averaged 19.8%, placing in the 11.1% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 6.4% (HV 20d: 13.4%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.54.

Notable Days

  • 2021-06-23: Highest Volume — 561 contracts
  • 2021-06-02: Largest IV spike — 77.6% change
  • 2021-06-08: Highest IV Rank — 43.6%
  • 2021-06-25: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.48$18.95$20.16$19.06$20.05
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV19.8%11.1%45.2%11.1%15.3%
Expected Move5.1%3.2%6.9%3.2%4.4%
HV 20d13.4%11.9%16.4%13.7%16.4%
HV 60d17.6%15.9%20.1%20.1%16.8%
IV Rank11.1%0.0%43.6%0.0%5.3%
IV Percentile8.8%0.0%77.4%0.0%2.0%
Term Structure4.7%-2.8%42.6%8.4%2.1%
VWIV19.0%12.6%25.4%12.6%17.9%
Skew 25d3.5%-3.0%11.6%1.9%0.5%
Skew 10d6.5%-3.2%18.1%9.4%4.5%
Call IV 25d18.2%13.8%21.9%16.7%18.2%
Put IV 25d21.7%14.1%28.4%18.6%18.7%
Bid-Ask Spread %99.3786.10117.56103.66117.56
Gamma HHI0.840.700.950.730.92
Net GEX253.1K151.7K393.9K151.7K360.2K
Net DEX-1.7M-2.8M-870.8K-870.8K-2.5M
Net VEX-8.3K-9.2K-7.7K-8.5K-8.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.002.832.730.61
Total Volume125.9091156131758
Total OI4,170.7273,8694,4074,2583,962

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-06-01$19.06$20.0011.1%3.2%13.7%0.0%12.6%1.9%8.4%151.7K-870.8K-8.5K2.73103.66852323,0231,235
2021-06-02$19.01$20.0019.8%5.7%13.7%11.1%21.8%6.0%7.0%156.2K-1.1M-8.6K0.48107.7829143,0901,137
2021-06-03$18.99$20.0022.4%4.5%12.5%14.4%17.2%6.8%3.3%171.4K-1.2M-9.2K0.29104.302883,1061,139
2021-06-04$19.00$20.0025.0%5.4%12.5%17.7%25.4%5.0%2.4%160.7K-955.1K-8.3K2.8395.366173,1161,144
2021-06-07$18.95$20.0026.8%5.9%12.1%20.1%21.2%4.3%0.2%154.2K-994.9K-8.4K0.7691.9250383,1211,150
2021-06-08$19.18$20.0045.2%5.3%13.0%43.6%20.5%0.1%-0.1%165.3K-1.1M-7.9K0.0795.785943,1231,153
2021-06-09$19.01$20.0020.6%5.9%12.5%12.1%21.2%3.8%1.4%170.7K-1.0M-8.2K0.1986.103163,1691,153
2021-06-10$19.02$20.0017.6%5.1%11.9%8.3%17.3%-0.2%-1.2%161.8K-970.7K-8.0K0.80101.091083,1591,153
2021-06-11$19.15$20.0017.7%5.1%12.0%8.4%0.0%6.0%0.4%191.0K-1.2M-8.0K0.0092.511103,1611,154
2021-06-14$19.29$20.0018.8%5.4%12.1%9.8%18.9%7.0%0.2%237.6K-1.3M-7.7K0.0486.81322133,1671,154
2021-06-15$19.70$20.0021.0%6.0%13.7%12.6%21.2%9.9%-2.8%290.1K-2.2M-9.2K0.2493.93178423,2501,157
2021-06-16$19.79$20.0018.1%5.2%13.5%8.9%18.1%1.3%-2.6%313.0K-2.4M-9.0K0.07101.107253,2251,142
2021-06-17$19.70$20.0013.4%3.8%13.4%2.9%13.4%11.6%42.6%393.9K-2.4M-8.9K0.03101.753713,2181,137
2021-06-18$19.49$20.0014.9%4.3%14.0%4.9%16.4%11.3%12.1%302.6K-1.8M-8.2K0.07104.532823,2151,137
2021-06-21$19.69$20.0015.6%4.5%14.4%5.7%15.7%-3.0%21.8%301.0K-1.7M-7.7K0.59105.5017102,924945
2021-06-22$19.94$20.0017.2%4.9%14.2%7.8%17.2%0.5%4.1%353.0K-2.3M-8.2K0.39111.7261242,934945
2021-06-23$20.16$20.0017.8%5.1%13.1%8.5%17.7%1.5%-2.4%351.3K-2.8M-8.0K0.28106.264381232,985943
2021-06-24$20.05$20.0016.9%4.8%13.1%7.3%21.6%-1.6%-1.2%280.6K-2.6M-8.7K0.2394.74129303,032949
2021-06-25$20.09$20.0024.2%6.9%13.1%16.7%23.7%2.8%1.2%286.0K-2.5M-8.3K0.2288.511842,974959
2021-06-28$19.69$20.0018.1%5.2%15.2%8.9%18.1%-0.6%2.2%311.9K-1.8M-7.8K0.5596.1282453,001958
2021-06-29$19.65$20.0018.7%5.3%15.1%9.6%21.1%1.8%3.7%303.6K-1.7M-7.8K0.5199.032611342,981976
2021-06-30$20.05$20.0015.3%4.4%16.4%5.3%17.9%0.5%2.1%360.2K-2.5M-8.1K0.61117.5636222,985977