KNOP Options History — April 2022

In April 2022, KNOP traded between $16.31 and $18.83. ATM implied volatility averaged 30.7%, placing in the 32.2% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded below realized volatility by 1.2% (HV 20d: 31.9%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.62.

Notable Days

2022-04-26: Highest Volume — 2,551 contracts
2022-04-13: Largest IV spike — 52.0% change
2022-04-29: Highest IV Rank — 66.0%
2022-04-29: Largest Expected Move — 14.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.70	$16.31	$18.83	$17.17	$16.31
Max Pain	$16.75	$15.00	$17.50	$15.00	$17.50
ATM IV	30.7%	20.8%	51.1%	23.6%	51.1%
Expected Move	9.1%	6.9%	14.7%	8.2%	14.7%
HV 20d	31.9%	24.5%	38.1%	36.7%	37.0%
HV 60d	32.7%	30.6%	34.5%	34.0%	32.0%
IV Rank	32.2%	15.9%	66.0%	20.6%	66.0%
IV Percentile	57.2%	21.0%	97.6%	35.3%	97.6%
Term Structure	0.8%	-8.6%	11.1%	5.0%	-8.6%
VWIV	31.7%	23.1%	49.7%	28.9%	49.7%
Skew 25d	59.1%	-0.0%	201.3%	2.9%	-0.0%
Skew 10d	121.8%	0.0%	283.8%	3.3%	31.8%
Call IV 25d	28.2%	18.6%	47.0%	24.5%	47.0%
Put IV 25d	87.3%	27.4%	231.7%	27.4%	46.9%
Bid-Ask Spread %	79.99	57.89	100.79	84.09	100.79
Gamma HHI	0.65	0.30	0.96	0.94	0.30
Net GEX	80.8K	17.1K	148.7K	91.9K	17.1K
Net DEX	-2.3M	-4.0M	-364.3K	-2.2M	-364.3K
Net VEX	-7.9K	-10.7K	-6.2K	-6.4K	-10.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.62	0.17	1.59	1.59	0.19
Total Volume	715.5	182	2,551	511	1,469
Total OI	4,898.4	4,219	5,580	4,891	4,834

Daily Data (20 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
2022-04-01	$17.17	$15.00	23.6%	8.2%	36.7%	20.6%	28.9%	2.9%	5.0%	91.9K	-2.2M	-6.4K	1.59	84.09	197	314	3,258	1,633
2022-04-04	$17.74	$15.00	26.4%	8.6%	37.7%	25.2%	30.0%	87.8%	-2.1%	103.5K	-3.0M	-6.2K	0.50	74.01	342	172	3,292	1,761
2022-04-05	$17.53	$15.00	27.8%	8.8%	38.1%	27.5%	31.8%	0.2%	-4.3%	106.0K	-2.8M	-6.9K	0.62	84.90	241	149	3,411	1,754
2022-04-06	$17.40	$15.00	28.8%	8.6%	37.9%	29.2%	29.5%	9.9%	-1.2%	103.9K	-2.6M	-7.0K	0.80	86.73	245	197	3,421	1,784
2022-04-07	$17.61	$17.50	25.3%	8.7%	37.8%	23.4%	27.6%	105.0%	-0.5%	116.9K	-2.6M	-6.9K	0.50	85.11	214	107	3,348	1,848
2022-04-08	$17.88	$17.50	28.4%	8.4%	36.9%	28.4%	23.1%	72.3%	1.0%	107.8K	-3.1M	-6.9K	0.50	71.77	327	164	3,382	1,861
2022-04-11	$17.44	$17.50	35.0%	8.8%	32.4%	39.4%	28.5%	117.7%	0.0%	122.1K	-2.5M	-7.4K	0.61	85.71	276	169	3,519	1,862
2022-04-12	$17.67	$15.00	20.8%	8.2%	30.1%	15.9%	28.6%	147.4%	1.1%	148.7K	-2.9M	-7.0K	0.45	88.71	420	188	3,552	1,860
2022-04-13	$17.93	$15.00	31.6%	9.1%	28.9%	33.7%	31.4%	120.9%	-2.7%	113.3K	-3.4M	-7.1K	0.47	86.59	463	217	3,629	1,903
2022-04-14	$18.33	$17.50	29.2%	8.4%	25.5%	29.8%	27.0%	21.8%	0.0%	59.7K	-4.0M	-6.6K	0.30	57.89	1,072	319	3,658	1,922
2022-04-18	$18.59	$17.50	24.4%	7.0%	25.5%	21.9%	30.3%	0.5%	11.1%	81.8K	-3.2M	-7.3K	0.41	77.28	349	144	2,902	1,317
2022-04-19	$18.46	$17.50	23.9%	6.9%	24.5%	21.1%	29.9%	4.0%	10.0%	87.8K	-2.9M	-8.2K	0.77	67.47	247	191	2,972	1,323
2022-04-20	$18.83	$17.50	26.8%	7.7%	24.8%	25.8%	27.1%	7.5%	4.0%	87.6K	-3.3M	-7.5K	0.92	77.82	281	258	3,001	1,431
2022-04-21	$18.58	$17.50	24.7%	7.1%	26.0%	22.4%	29.5%	4.8%	9.4%	80.8K	-2.6M	-8.3K	0.79	73.93	286	226	2,827	1,457
2022-04-22	$18.10	$17.50	29.6%	8.5%	28.0%	30.5%	30.4%	61.6%	1.5%	56.5K	-1.9M	-9.2K	0.93	85.44	200	185	2,876	1,566
2022-04-25	$17.30	$17.50	32.4%	9.3%	31.5%	35.0%	32.4%	201.3%	2.2%	39.9K	-902.1K	-9.0K	1.03	80.93	242	249	2,951	1,653
2022-04-26	$17.38	$17.50	40.9%	11.7%	30.5%	49.2%	40.5%	193.5%	-3.8%	38.4K	-1.1M	-9.5K	0.19	81.60	2,136	415	2,945	1,717
2022-04-27	$16.73	$17.50	40.5%	11.6%	33.5%	48.4%	40.8%	11.2%	-2.2%	24.1K	-582.8K	-10.3K	0.73	72.22	105	77	2,912	1,821
2022-04-28	$17.02	$17.50	41.7%	12.0%	33.8%	50.5%	37.0%	12.0%	-2.9%	28.2K	-827.2K	-10.7K	0.17	76.76	1,249	208	2,971	1,834
2022-04-29	$16.31	$17.50	51.1%	14.7%	37.0%	66.0%	49.7%	-0.0%	-8.6%	17.1K	-364.3K	-10.1K	0.19	100.79	1,237	232	2,985	1,849