KNOP Options History — July 2021

In July 2021, KNOP traded between $18.39 and $20.28. ATM implied volatility averaged 23.4%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 2.6% (HV 20d: 20.8%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.80.

Notable Days

  • 2021-07-30: Highest Volume — 420 contracts
  • 2021-07-29: Largest IV spike — 147.7% change
  • 2021-07-29: Highest IV Rank — 64.8%
  • 2021-07-29: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.59$18.39$20.28$19.98$18.39
Max Pain$19.17$17.50$20.00$20.00$20.00
ATM IV23.4%13.0%55.2%21.4%34.6%
Expected Move6.3%3.7%15.8%6.1%9.9%
HV 20d20.8%16.0%32.4%16.5%31.8%
HV 60d17.9%16.0%21.9%16.8%21.9%
IV Rank17.1%2.8%64.8%13.2%34.5%
IV Percentile19.9%1.2%96.8%11.9%52.0%
Term Structure-0.8%-57.3%24.9%-0.3%-12.0%
VWIV19.9%10.8%26.8%21.4%25.6%
Skew 25d17.5%-6.6%114.9%1.7%-6.6%
Skew 10d24.8%-2.0%149.6%3.0%15.6%
Call IV 25d19.6%11.4%32.2%22.2%32.2%
Put IV 25d37.2%15.2%134.0%23.9%25.6%
Bid-Ask Spread %104.6775.97124.94108.77105.95
Gamma HHI0.840.570.960.910.57
Net GEX233.4K48.9K509.4K326.8K48.9K
Net DEX-1.2M-2.4M-33.2K-2.4M-33.2K
Net VEX-6.5K-8.0K-5.2K-7.8K-6.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.004.170.501.78
Total Volume146.71494209420
Total OI3,242.0481,9714,2243,9892,675

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-07-01$19.98$20.0021.4%6.1%16.5%13.2%21.4%1.7%-0.3%326.8K-2.4M-7.8K0.50108.77632,990999
2021-07-02$20.04$20.0023.4%6.7%16.5%15.7%23.0%0.1%-4.8%339.4K-2.4M-8.0K0.03110.957422,9961,000
2021-07-06$19.82$20.0022.2%5.1%17.1%14.2%17.6%1.1%-1.6%367.1K-2.1M-7.7K0.38109.2095363,0531,002
2021-07-07$19.72$20.0021.1%5.3%16.8%12.8%26.8%1.0%2.1%366.9K-1.7M-7.0K0.03103.316723,0191,002
2021-07-08$19.52$20.0021.6%5.9%17.0%13.3%24.1%7.6%2.4%291.6K-1.2M-6.4K0.77104.6971553,0031,004
2021-07-09$19.78$20.0018.7%5.5%17.5%9.7%26.1%98.0%-1.6%446.6K-1.7M-6.6K0.7476.1627202,9731,055
2021-07-12$19.83$20.0024.2%5.8%17.4%16.7%20.2%103.2%-1.7%470.7K-1.9M-6.4K1.8285.1617312,9681,075
2021-07-13$19.64$20.0033.7%5.5%17.7%28.8%19.1%3.7%2.0%334.7K-1.3M-6.1K0.0891.887462,9691,104
2021-07-14$19.63$20.0020.0%5.7%16.0%12.9%20.0%-0.5%-1.0%408.0K-1.3M-5.5K0.00113.0719902,9941,108
2021-07-15$19.69$20.0018.4%5.3%16.0%10.6%18.6%114.9%24.9%509.4K-1.5M-5.6K0.8675.971221053,1161,108
2021-07-16$19.57$20.0017.0%4.9%16.0%8.7%17.3%-0.7%6.0%71.8K-494.8K-5.3K0.10113.76225233,0221,116
2021-07-19$18.85$17.5031.5%9.0%20.5%29.9%24.9%-2.1%-11.7%59.4K-417.6K-5.2K2.69110.8913351,514457
2021-07-20$19.36$17.5018.5%5.3%22.5%10.8%17.5%2.3%0.5%62.7K-650.1K-5.6K0.17107.165391,525485
2021-07-21$19.59$17.5017.7%5.1%22.5%9.6%11.4%12.6%5.3%73.9K-668.4K-5.5K0.00124.9422201,571492
2021-07-22$19.78$17.5027.8%8.0%22.4%24.4%15.7%23.9%10.2%109.9K-947.1K-5.8K4.17110.06241001,716492
2021-07-23$20.05$17.5014.5%4.2%22.9%4.9%14.1%0.7%2.7%148.5K-1.2M-6.8K0.11115.31151171,776592
2021-07-26$20.28$17.5013.7%3.9%23.2%3.8%10.8%2.2%8.7%155.3K-1.5M-6.8K0.07100.27168121,776592
2021-07-27$20.19$17.5013.0%3.7%22.0%2.8%12.7%0.9%10.6%170.7K-1.5M-7.0K0.15110.57309451,900603
2021-07-28$18.91$20.0022.3%6.4%32.4%16.4%25.4%0.1%-0.3%76.4K-480.6K-7.1K1.56106.3352811,957599
2021-07-29$18.69$20.0055.2%15.8%31.5%64.8%26.1%3.6%-57.3%61.9K-308.1K-7.5K0.83113.7460501,987698
2021-07-30$18.39$20.0034.6%9.9%31.8%34.5%25.6%-6.6%-12.0%48.9K-33.2K-6.9K1.78105.951512691,958717