KNOP Options History — July 2022

In July 2022, KNOP traded between $16.77 and $18.42. ATM implied volatility averaged 35.8%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 1.4% (HV 20d: 34.4%). Max pain ranged from $15.00 to $20.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.57.

Notable Days

2022-07-26: Highest Volume — 1,110 contracts
2022-07-12: Largest IV spike — 48.6% change
2022-07-12: Highest IV Rank — 54.9%
2022-07-07: Largest Expected Move — 15.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.65	$16.77	$18.42	$16.88	$17.46
Max Pain	$15.75	$15.00	$20.00	$15.00	$17.50
ATM IV	35.8%	26.6%	53.3%	36.3%	35.1%
Expected Move	10.3%	7.6%	15.3%	10.4%	10.1%
HV 20d	34.4%	20.7%	50.0%	50.0%	20.8%
HV 60d	41.0%	38.6%	42.3%	42.3%	38.6%
IV Rank	31.4%	19.2%	54.9%	32.1%	30.5%
IV Percentile	56.1%	28.6%	97.6%	59.1%	52.8%
Term Structure	-0.8%	-15.4%	16.6%	-5.6%	-1.7%
VWIV	37.5%	29.5%	49.5%	38.2%	34.9%
Skew 25d	61.9%	-5.1%	188.8%	7.4%	11.4%
Skew 10d	130.6%	-11.5%	333.1%	15.4%	21.6%
Call IV 25d	32.0%	19.5%	44.9%	36.6%	28.8%
Put IV 25d	94.0%	32.3%	224.2%	44.0%	40.2%
Bid-Ask Spread %	99.85	87.42	109.10	87.42	103.87
Gamma HHI	0.55	0.41	0.79	0.56	0.42
Net GEX	90.3K	28.6K	220.2K	96.1K	34.5K
Net DEX	-1.6M	-3.6M	213.8K	-1.5M	52.7K
Net VEX	-6.9K	-9.3K	-5.5K	-6.2K	-9.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.57	0.21	1.04	0.52	0.63
Total Volume	559.85	311	1,110	502	402
Total OI	4,107.95	2,697	5,015	4,779	3,932

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
2022-07-01	$16.88	$15.00	36.3%	10.4%	50.0%	32.1%	38.2%	7.4%	-5.6%	96.1K	-1.5M	-6.2K	0.52	87.42	331	171	3,499	1,280
2022-07-05	$17.00	$15.00	40.0%	11.4%	49.8%	37.0%	40.2%	12.8%	-5.7%	100.6K	-1.6M	-5.7K	0.62	107.40	255	158	3,490	1,296
2022-07-06	$16.77	$15.00	48.5%	14.1%	49.8%	48.4%	45.0%	-0.2%	-11.3%	83.4K	-1.4M	-5.5K	0.50	105.73	250	126	3,500	1,253
2022-07-07	$17.03	$15.00	38.7%	15.3%	49.9%	35.3%	49.5%	-5.1%	-8.9%	98.5K	-1.7M	-5.9K	0.55	102.47	260	142	3,480	1,267
2022-07-08	$17.18	$15.00	34.4%	10.9%	47.1%	29.7%	38.0%	15.9%	-2.1%	129.3K	-1.7M	-5.9K	0.50	109.10	301	151	3,510	1,270
2022-07-11	$17.28	$15.00	35.9%	11.0%	47.0%	31.6%	38.4%	6.3%	8.0%	157.9K	-2.1M	-6.3K	0.58	106.87	301	176	3,523	1,277
2022-07-12	$17.44	$15.00	53.3%	11.0%	47.0%	54.9%	38.4%	139.2%	1.3%	148.6K	-2.2M	-6.0K	0.66	100.02	266	176	3,581	1,258
2022-07-13	$17.50	$15.00	30.6%	8.8%	37.0%	24.6%	33.7%	146.0%	2.1%	191.9K	-2.3M	-5.7K	0.53	98.56	317	168	3,657	1,255
2022-07-14	$17.62	$15.00	38.6%	11.1%	35.9%	35.3%	36.8%	188.8%	0.6%	220.2K	-2.7M	-6.0K	0.53	107.37	336	177	3,721	1,276
2022-07-15	$17.89	$15.00	34.9%	10.0%	34.6%	30.3%	34.8%	120.6%	-3.9%	47.4K	-3.6M	-6.0K	0.21	98.62	917	189	3,740	1,275
2022-07-18	$17.94	$15.00	29.1%	8.3%	29.4%	22.5%	29.5%	167.9%	6.0%	70.4K	-1.8M	-6.3K	0.45	97.35	291	130	2,204	493
2022-07-19	$18.11	$15.00	35.3%	10.1%	29.4%	30.8%	34.8%	152.8%	-15.4%	70.0K	-1.8M	-6.0K	0.48	91.05	243	117	2,337	528
2022-07-20	$18.22	$15.00	34.5%	9.9%	24.4%	29.8%	35.8%	95.8%	-3.1%	75.4K	-1.9M	-6.5K	0.80	101.55	382	307	2,382	547
2022-07-21	$18.42	$15.00	40.0%	11.5%	24.2%	37.1%	39.8%	67.2%	-10.4%	59.2K	-1.8M	-7.3K	0.67	95.06	186	125	2,334	725
2022-07-22	$18.39	$15.00	26.6%	7.6%	22.7%	19.2%	36.2%	12.5%	13.6%	60.6K	-1.7M	-7.7K	1.04	99.87	317	330	2,344	825
2022-07-25	$18.41	$17.50	26.9%	7.7%	21.9%	19.6%	30.7%	1.6%	16.6%	55.7K	-1.3M	-8.0K	0.64	88.70	503	324	2,415	1,081
2022-07-26	$18.27	$17.50	29.5%	8.4%	20.7%	23.0%	39.0%	63.4%	0.4%	43.0K	-654.5K	-8.7K	0.40	99.15	793	317	2,457	1,342
2022-07-27	$17.61	$20.00	34.7%	9.9%	25.1%	30.0%	41.8%	17.7%	3.1%	28.6K	213.8K	-9.2K	0.61	101.25	551	334	2,343	1,570
2022-07-28	$17.60	$17.50	32.5%	9.3%	20.9%	27.1%	34.1%	16.5%	-0.2%	35.6K	56.2K	-9.1K	0.51	95.50	249	128	2,385	1,507
2022-07-29	$17.46	$17.50	35.1%	10.1%	20.8%	30.5%	34.9%	11.4%	-1.7%	34.5K	52.7K	-9.3K	0.63	103.87	246	156	2,419	1,513