KNOP Options History — November 2021

In November 2021, KNOP traded between $15.73 and $18.60. ATM implied volatility averaged 29.6%, placing in the 29.5% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 3.2% (HV 20d: 26.4%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.86.

Notable Days

  • 2021-11-19: Highest Volume — 799 contracts
  • 2021-11-30: Largest IV spike — 59.3% change
  • 2021-11-30: Highest IV Rank — 71.7%
  • 2021-11-30: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.77$15.73$18.60$18.49$15.73
Max Pain$19.40$17.50$20.00$20.00$17.50
ATM IV29.6%21.4%53.6%28.3%53.6%
Expected Move8.0%6.1%15.4%8.1%15.4%
HV 20d26.4%22.0%30.0%27.4%25.1%
HV 60d22.4%21.3%24.5%22.6%24.5%
IV Rank29.5%17.4%71.7%25.2%71.7%
IV Percentile51.5%24.6%98.0%51.2%98.0%
Term Structure-2.3%-20.5%10.3%-4.3%-17.2%
VWIV26.8%20.0%46.2%31.1%46.2%
Skew 25d8.4%-11.9%107.2%13.3%16.5%
Skew 10d21.0%-13.4%146.3%13.0%22.4%
Call IV 25d23.2%16.3%33.7%16.3%26.1%
Put IV 25d31.6%18.9%128.4%29.6%42.5%
Bid-Ask Spread %94.8036.57115.9598.6096.78
Gamma HHI0.460.320.590.510.59
Net GEX20.7K-45.2K50.0K50.0K4.8K
Net DEX377.4K-58.7K1.1M73.7K989.7K
Net VEX-6.4K-7.5K-4.6K-7.1K-5.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.171.790.450.54
Total Volume430.238226799517512
Total OI3,452.0483,2113,8193,2473,819

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-11-01$18.49$20.0028.3%8.1%27.4%25.2%31.1%13.3%-4.3%50.0K73.7K-7.1K0.4598.603571602,2381,009
2021-11-02$18.20$20.0037.1%10.6%27.6%38.1%32.4%11.6%-20.5%34.8K206.8K-7.1K0.59105.853131852,1881,088
2021-11-03$18.37$20.0027.6%7.9%27.9%24.2%30.9%14.1%-1.7%33.0K204.1K-7.3K0.94104.721771672,2451,133
2021-11-04$18.22$20.0032.5%7.6%28.0%31.4%24.2%5.8%-0.3%34.5K182.7K-7.5K0.7484.742231652,2501,136
2021-11-05$18.22$20.0030.5%6.4%26.7%28.4%23.4%-0.0%4.1%25.9K246.1K-7.1K0.6586.462061342,2001,137
2021-11-08$18.26$20.0029.5%7.9%25.5%27.0%24.2%3.9%-5.3%26.3K222.3K-6.9K1.49100.29971452,2091,145
2021-11-09$18.45$20.0045.1%7.7%26.1%49.9%27.2%3.3%-1.2%47.5K122.1K-6.8K1.7691.47951672,2161,158
2021-11-10$18.46$20.0026.4%7.6%26.1%22.4%25.6%3.3%0.3%39.4K105.0K-7.2K1.53103.051091672,2261,172
2021-11-11$18.60$20.0029.6%8.5%26.2%31.2%25.4%-1.0%-15.8%47.3K-58.7K-7.4K1.7994.61971742,2151,172
2021-11-12$18.50$20.0026.6%7.6%26.1%26.2%26.2%0.7%-0.3%33.9K63.4K-7.2K1.37104.491261722,2251,184
2021-11-15$18.36$20.0027.6%7.9%26.1%27.8%24.6%1.8%0.4%36.1K128.0K-6.9K0.7593.14129972,2431,194
2021-11-16$18.42$20.0026.5%7.6%25.4%26.0%25.7%3.2%4.1%24.5K184.8K-6.5K0.4336.57223972,2361,196
2021-11-17$18.29$20.0024.8%7.1%25.2%23.1%22.8%-0.2%1.3%23.8K376.1K-6.0K0.6895.001941322,2201,198
2021-11-18$17.58$20.0021.9%6.3%28.0%18.1%22.3%8.5%7.0%-45.2K781.5K-4.8K0.44115.953531562,2191,231
2021-11-19$17.01$20.0025.3%7.3%29.3%23.9%25.0%-3.2%1.2%-5.4K1.1M-4.6K1.0696.383874122,4011,265
2021-11-22$16.88$20.0024.6%7.1%29.2%22.8%25.5%-5.2%-3.0%-17.9K862.4K-4.6K0.32100.554351402,0021,209
2021-11-23$17.13$17.5026.4%7.6%30.0%25.8%26.8%0.1%0.1%3.1K457.8K-5.9K0.5089.233151582,2291,225
2021-11-24$17.11$17.5021.4%6.1%22.0%17.4%21.5%107.2%1.9%8.5K436.6K-5.7K0.2997.164141202,4181,264
2021-11-26$16.68$17.5023.0%6.6%23.1%20.0%20.0%4.6%10.3%18.9K487.5K-6.1K0.17110.25489842,4341,267
2021-11-29$16.28$17.5033.6%9.6%24.0%38.0%32.7%-11.9%-10.1%11.1K739.2K-5.5K1.4685.583064462,3931,284
2021-11-30$15.73$17.5053.6%15.4%25.1%71.7%46.2%16.5%-17.2%4.8K989.7K-5.4K0.5496.783331792,3491,470