KNOP Options History — February 2022

In February 2022, KNOP traded between $14.82 and $15.68. ATM implied volatility averaged 38.9%, placing in the 45.7% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 1.7% (HV 20d: 37.2%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.43.

Notable Days

2022-02-01: Highest Volume — 793 contracts
2022-02-28: Largest IV spike — 14.3% change
2022-02-10: Highest IV Rank — 52.4%
2022-02-10: Largest Expected Move — 12.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.07	$14.82	$15.68	$15.07	$15.68
Max Pain	$15.92	$15.00	$17.50	$15.00	$15.00
ATM IV	38.9%	35.9%	42.9%	42.1%	42.8%
Expected Move	11.0%	10.3%	12.3%	12.1%	12.3%
HV 20d	37.2%	28.3%	43.3%	43.3%	28.3%
HV 60d	53.5%	38.8%	54.9%	54.5%	38.8%
IV Rank	45.7%	40.9%	52.4%	51.1%	52.3%
IV Percentile	77.8%	71.0%	87.3%	84.5%	87.3%
Term Structure	-0.4%	-8.6%	10.8%	-4.1%	-2.3%
VWIV	38.0%	29.7%	46.9%	46.9%	39.4%
Skew 25d	3.9%	-8.3%	19.7%	18.1%	1.7%
Skew 10d	7.0%	-13.4%	31.4%	28.9%	3.6%
Call IV 25d	36.5%	27.3%	42.1%	31.6%	41.1%
Put IV 25d	40.4%	32.1%	49.7%	49.7%	42.8%
Bid-Ask Spread %	80.27	13.75	107.48	85.60	88.46
Gamma HHI	0.37	0.27	0.45	0.39	0.44
Net GEX	41.0K	9.0K	88.3K	40.2K	12.2K
Net DEX	-3.9M	-4.4M	-3.5M	-4.0M	-4.4M
Net VEX	-7.2K	-9.8K	-5.5K	-7.6K	-5.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.43	0.13	0.79	0.23	0.73
Total Volume	569.263	341	793	793	352
Total OI	6,333.737	6,107	6,706	6,107	6,381

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-02-01	$15.07	$15.00	42.1%	12.1%	43.3%	51.1%	46.9%	18.1%	-4.1%	40.2K	-4.0M	-7.6K	0.23	85.60	644	149	4,770	1,337
2022-02-02	$15.08	$15.00	36.7%	10.5%	42.8%	42.1%	37.7%	3.5%	0.5%	43.4K	-3.9M	-8.4K	0.37	82.64	470	173	4,790	1,341
2022-02-03	$14.88	$17.50	40.2%	11.0%	43.0%	47.9%	33.7%	7.1%	-0.9%	39.6K	-3.6M	-9.5K	0.28	87.51	458	127	4,791	1,341
2022-02-04	$14.97	$17.50	39.5%	11.0%	42.8%	46.7%	29.7%	9.3%	-0.0%	43.9K	-3.9M	-7.4K	0.24	61.46	470	115	4,806	1,347
2022-02-07	$14.99	$17.50	38.4%	10.8%	41.1%	44.9%	37.4%	6.7%	2.1%	45.3K	-3.8M	-7.8K	0.18	81.73	441	81	4,810	1,348
2022-02-08	$14.82	$17.50	40.0%	10.8%	40.6%	47.6%	37.6%	7.2%	0.0%	39.1K	-3.8M	-6.3K	0.13	79.50	477	60	4,815	1,346
2022-02-09	$14.86	$17.50	39.5%	11.3%	39.4%	46.7%	46.1%	8.6%	-3.9%	39.0K	-3.5M	-9.8K	0.39	95.59	444	175	4,840	1,444
2022-02-10	$14.94	$17.50	42.9%	12.3%	38.7%	52.4%	36.4%	-3.0%	-8.6%	42.1K	-3.8M	-6.9K	0.37	107.48	470	172	4,845	1,472
2022-02-11	$15.36	$17.50	37.1%	10.6%	37.8%	42.9%	33.8%	-3.5%	0.6%	46.3K	-4.2M	-7.7K	0.43	74.40	483	208	4,881	1,484
2022-02-14	$15.05	$15.00	35.9%	10.3%	36.7%	40.9%	43.4%	5.4%	10.8%	48.8K	-4.0M	-7.6K	0.49	96.88	453	221	4,974	1,519
2022-02-15	$15.03	$15.00	38.0%	10.9%	36.6%	44.3%	35.1%	-5.5%	-0.8%	49.4K	-3.9M	-6.6K	0.63	84.53	447	281	5,014	1,545
2022-02-16	$15.06	$15.00	37.0%	10.6%	36.4%	42.7%	37.8%	4.5%	-0.2%	49.2K	-4.0M	-6.4K	0.41	76.63	457	186	5,018	1,578
2022-02-17	$14.89	$15.00	36.4%	10.4%	36.2%	41.6%	36.5%	-5.5%	0.6%	64.9K	-3.8M	-6.9K	0.48	97.26	439	212	5,074	1,632
2022-02-18	$14.99	$15.00	37.0%	10.6%	34.2%	42.6%	36.9%	5.1%	0.7%	88.3K	-3.9M	-6.2K	0.27	48.35	547	148	5,058	1,624
2022-02-22	$15.06	$15.00	39.0%	11.2%	33.6%	45.9%	39.4%	-8.3%	-1.1%	33.9K	-3.7M	-7.3K	0.53	94.85	262	138	4,697	1,503
2022-02-23	$15.03	$15.00	39.0%	11.2%	32.6%	45.9%	38.9%	4.8%	-1.8%	30.6K	-3.8M	-6.6K	0.52	13.75	229	119	4,708	1,564
2022-02-24	$15.18	$15.00	39.5%	11.3%	32.2%	46.9%	39.5%	19.7%	-1.2%	14.8K	-3.9M	-5.5K	0.79	90.61	190	151	4,724	1,579
2022-02-25	$15.44	$15.00	37.5%	10.7%	30.1%	43.5%	35.9%	-1.9%	1.4%	9.0K	-4.2M	-5.7K	0.66	77.99	221	146	4,744	1,597
2022-02-28	$15.68	$15.00	42.8%	12.3%	28.3%	52.3%	39.4%	1.7%	-2.3%	12.2K	-4.4M	-5.7K	0.73	88.46	203	149	4,786	1,595