KNOP Options History — December 2022

In December 2022, KNOP traded between $9.13 and $10.29. ATM implied volatility averaged 46.2%, placing in the 40.9% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded below realized volatility by 30.6% (HV 20d: 76.7%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.25.

Notable Days

  • 2022-12-01: Highest Volume — 1,599 contracts
  • 2022-12-14: Largest IV drop — 32.7% change
  • 2022-12-13: Highest IV Rank — 66.9%
  • 2022-12-02: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.55$9.13$10.29$10.29$9.57
Max Pain$10.83$10.00$12.50$12.50$10.00
ATM IV46.2%35.3%64.2%37.5%43.3%
Expected Move12.2%10.1%14.2%10.7%12.4%
HV 20d76.7%32.6%82.4%82.3%32.6%
HV 60d54.9%53.3%56.1%56.1%54.3%
IV Rank40.9%25.2%66.9%28.4%36.8%
IV Percentile80.9%41.7%99.2%52.0%80.6%
Term Structure0.1%-18.4%11.9%-1.2%3.7%
VWIV42.2%36.0%49.6%38.3%43.3%
Skew 25d-2.9%-14.8%70.7%-14.8%0.4%
Skew 10d-1.4%-24.8%138.9%-8.0%1.2%
Call IV 25d44.5%36.5%59.2%59.2%43.0%
Put IV 25d41.6%32.9%116.0%44.4%43.4%
Bid-Ask Spread %71.6253.7782.5075.8879.43
Gamma HHI0.770.500.910.570.87
Net GEX28.5K4.2K46.3K4.2K46.3K
Net DEX403.5K-312.3K1.1M1.1M-312.3K
Net VEX-5.0K-5.6K-2.5K-2.5K-5.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.030.790.210.40
Total Volume364.381801,5991,599217
Total OI5,828.3813,6336,3743,6336,225

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$10.29$12.5037.5%10.7%82.3%28.4%38.3%-14.8%-1.2%4.2K1.1M-2.5K0.2175.881,3182812,0951,538
2022-12-02$10.21$12.5049.6%14.2%82.1%45.9%49.6%70.7%-9.5%15.3K722.4K-4.0K0.2763.971,0162703,1561,527
2022-12-05$10.18$12.5050.0%12.0%81.6%46.5%43.0%-7.0%-3.4%27.8K466.1K-5.0K0.1853.77282503,7941,642
2022-12-06$9.75$12.5053.6%12.1%81.8%51.7%41.5%-10.9%-1.0%22.9K618.9K-4.7K0.5164.47189973,8371,647
2022-12-07$9.66$12.5052.6%11.9%81.6%50.3%41.0%-11.0%0.1%25.4K609.1K-4.9K0.7971.711621283,9901,710
2022-12-08$9.52$12.5052.7%12.8%81.5%50.4%37.6%-3.2%-3.0%24.5K646.7K-5.0K0.4977.62124614,1161,772
2022-12-09$9.70$12.5044.9%12.2%79.9%39.0%42.4%-11.3%-2.2%27.4K547.1K-5.2K0.2578.04174443,9951,794
2022-12-12$9.68$10.0059.0%12.9%79.8%59.4%44.5%-12.2%-2.7%28.3K498.1K-5.4K0.2463.37138334,0821,822
2022-12-13$9.60$10.0064.2%12.6%79.3%66.9%40.6%17.3%-1.4%29.0K538.5K-5.2K0.1373.36290374,1681,824
2022-12-14$9.60$10.0043.2%12.4%79.6%36.6%45.7%-13.2%-0.6%32.4K492.5K-5.5K0.4171.24118484,3501,810
2022-12-15$9.48$10.0042.8%12.3%79.6%36.1%42.5%-13.6%3.2%26.0K584.2K-5.2K0.0371.58975284,4351,823
2022-12-16$9.24$10.0044.9%12.9%79.3%39.2%42.3%-8.2%1.6%24.3K634.7K-4.8K0.3867.30182704,5231,834
2022-12-19$9.38$10.0042.1%12.1%79.8%35.1%42.2%-7.1%6.1%28.1K274.0K-4.8K0.1071.20179174,1391,569
2022-12-20$9.24$10.0043.4%12.4%79.5%36.9%43.9%-6.5%3.4%27.4K307.3K-4.8K0.1376.67157204,2111,574
2022-12-21$9.29$10.0043.3%12.4%80.1%36.8%43.5%-8.1%-0.3%30.2K195.9K-5.2K0.1182.50240264,3481,575
2022-12-22$9.13$10.0041.3%11.9%79.8%34.0%41.5%-7.4%5.7%31.2K261.2K-5.1K0.1179.67193214,6101,593
2022-12-23$9.50$10.0039.9%11.4%82.4%31.9%40.0%-1.8%5.3%41.2K2.1K-5.6K0.1467.71160234,7671,607
2022-12-27$9.28$10.0040.5%11.6%82.0%32.8%40.9%-3.1%5.4%36.1K191.8K-5.1K0.1260.90106134,7031,615
2022-12-28$9.13$10.0035.3%10.1%81.7%25.2%36.0%1.0%11.9%34.6K122.1K-5.5K0.1472.6970104,7351,616
2022-12-29$9.20$10.0045.2%13.0%44.7%39.6%45.6%-10.3%-18.4%35.2K13.2K-5.2K0.1380.8875104,7861,439
2022-12-30$9.57$10.0043.3%12.4%32.6%36.8%43.3%0.4%3.7%46.3K-312.3K-5.5K0.4079.43155624,8381,387