KNOP Options History — May 2022

In May 2022, KNOP traded between $15.57 and $17.30. ATM implied volatility averaged 42.7%, placing in the 44.5% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 1.1% (HV 20d: 43.9%). 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 6 of 21 days. Put/call ratio averaged 0.21.

Notable Days

  • 2022-05-11: Highest Volume — 1,539 contracts
  • 2022-05-10: Largest IV spike — 75.1% change
  • 2022-05-10: Highest IV Rank — 100.0%
  • 2022-05-09: Largest Expected Move — 15.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.70$15.57$17.30$16.44$17.22
Max Pain$17.98$17.50$20.00$17.50$17.50
ATM IV42.7%30.8%87.2%41.2%31.3%
Expected Move11.6%8.8%15.7%11.8%9.0%
HV 20d43.9%35.9%50.4%36.8%42.7%
HV 60d36.4%31.9%38.8%31.9%38.5%
IV Rank44.5%25.9%100.0%49.6%26.5%
IV Percentile79.7%52.8%100.0%83.7%52.8%
Term Structure-3.7%-23.2%5.6%1.4%-0.3%
VWIV44.1%30.4%64.8%64.8%40.8%
Skew 25d17.8%-11.8%166.5%11.1%12.8%
Skew 10d49.6%-15.8%217.4%19.6%20.2%
Call IV 25d33.7%25.4%42.7%38.8%28.1%
Put IV 25d51.5%26.6%200.1%50.0%40.9%
Bid-Ask Spread %105.4294.53118.97102.6798.20
Gamma HHI0.360.300.520.300.52
Net GEX33.3K7.7K73.4K16.5K73.4K
Net DEX-537.0K-1.2M297.3K-266.0K-1.2M
Net VEX-7.8K-9.9K-6.4K-9.4K-6.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.090.410.170.41
Total Volume1,162.814041,5391,450474
Total OI4,416.0483,6124,7984,7863,905

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$16.44$17.5041.2%11.8%36.8%49.6%64.8%11.1%1.4%16.5K-266.0K-9.4K0.17102.671,2372132,9321,854
2022-05-03$16.85$17.5043.4%12.4%35.9%53.2%63.4%9.9%-4.5%28.0K-733.9K-9.9K0.1594.531,3051942,9421,856
2022-05-04$17.30$17.5040.5%11.6%37.2%48.5%60.1%18.1%-3.3%29.4K-965.1K-9.8K0.1699.991,1901892,8811,855
2022-05-05$16.95$20.0042.6%11.9%37.8%52.0%45.0%7.6%-3.5%27.7K-623.3K-9.3K0.22102.731,1692622,8881,856
2022-05-06$16.93$20.0034.9%11.1%37.4%39.2%51.6%12.7%-2.9%27.0K-751.2K-9.5K0.23104.791,1502612,8751,902
2022-05-09$16.11$20.0049.8%15.7%40.4%63.8%48.8%14.8%-23.2%10.5K-134.1K-8.7K0.27109.331,1933212,8741,903
2022-05-10$16.26$20.0087.2%9.9%40.1%100.0%42.2%22.1%2.3%9.2K-124.7K-8.3K0.19103.881,2612362,8531,804
2022-05-11$16.51$17.5044.9%12.9%40.2%44.4%39.8%8.5%-4.3%18.6K-188.5K-8.1K0.20115.851,2862532,8851,793
2022-05-12$15.57$17.5051.9%14.9%44.0%53.7%38.0%14.1%-18.7%7.7K297.3K-7.0K0.25103.001,2033022,8811,759
2022-05-13$16.64$17.5041.9%12.0%50.3%40.5%43.0%16.9%0.7%25.5K-420.7K-7.7K0.19113.601,2172342,8721,696
2022-05-16$16.66$17.5041.7%12.0%49.9%40.2%45.4%6.2%-5.6%27.5K-552.8K-7.9K0.1695.201,1771902,8981,696
2022-05-17$16.90$17.5043.3%12.4%50.4%42.3%38.4%166.5%-4.6%47.5K-514.3K-7.2K0.19118.971,2252272,9071,676
2022-05-18$16.57$17.5045.4%13.0%49.8%45.0%46.7%-11.8%-7.1%28.8K-106.5K-6.6K0.14106.781,2211772,9461,626
2022-05-19$16.68$17.5041.9%12.0%49.9%40.4%36.0%8.8%-1.4%32.8K-169.5K-6.8K0.10108.831,2621222,9531,631
2022-05-20$16.54$17.5030.8%8.8%49.3%25.9%37.6%9.0%4.6%30.8K-128.9K-6.9K0.09109.291,2241042,9571,630
2022-05-23$16.79$17.5034.0%9.7%47.3%30.1%30.4%17.3%5.6%39.8K-832.5K-6.8K0.26109.75356912,4451,167
2022-05-24$16.64$17.5037.0%10.6%47.4%34.0%34.6%14.1%4.1%37.6K-700.7K-6.4K0.25107.00324802,4981,172
2022-05-25$16.99$17.5043.5%12.5%46.0%42.6%41.3%7.0%-8.3%43.4K-925.8K-6.8K0.1597.82537832,5151,173
2022-05-26$17.06$17.5039.0%11.2%45.6%36.6%36.8%7.9%-6.9%65.8K-1.1M-7.2K0.31104.263341032,7031,173
2022-05-27$17.11$17.5031.5%9.0%42.8%26.8%42.2%-0.2%-1.6%71.5K-1.1M-7.1K0.31107.253301022,7121,193
2022-05-31$17.22$17.5031.3%9.0%42.7%26.5%40.8%12.8%-0.3%73.4K-1.2M-6.9K0.4198.203351392,7101,195