KNOP Options History — June 2023

In June 2023, KNOP traded between $4.88 and $5.67. ATM implied volatility averaged 48.9%, placing in the 26.4% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded below realized volatility by 9.3% (HV 20d: 58.2%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 2.02.

Notable Days

2023-06-13: Highest Volume — 806 contracts
2023-06-06: Largest IV spike — 58.7% change
2023-06-13: Highest IV Rank — 65.0%
2023-06-02: Largest Expected Move — 17.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.28	$4.88	$5.67	$5.21	$4.94
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	48.9%	30.9%	90.3%	45.9%	49.7%
Expected Move	12.6%	8.9%	17.5%	13.2%	14.3%
HV 20d	58.2%	37.3%	62.8%	62.0%	37.3%
HV 60d	50.6%	47.4%	53.9%	53.0%	48.2%
IV Rank	26.4%	9.7%	65.0%	23.6%	27.2%
IV Percentile	59.3%	13.1%	99.2%	65.5%	70.2%
Term Structure	23.1%	-11.3%	386.6%	-3.0%	-6.6%
VWIV	43.9%	30.9%	59.8%	59.8%	49.7%
Skew 25d	13.5%	-45.4%	43.3%	17.9%	19.5%
Skew 10d	52.1%	-48.2%	107.7%	40.9%	31.8%
Call IV 25d	48.2%	31.2%	173.3%	36.0%	53.7%
Put IV 25d	61.7%	45.6%	127.8%	53.9%	73.1%
Bid-Ask Spread %	61.03	22.14	79.89	57.20	57.37
Gamma HHI	0.77	0.60	0.89	0.82	0.81
Net GEX	12.0K	8.3K	15.1K	14.7K	8.3K
Net DEX	-423.1K	-671.7K	-132.8K	-432.1K	-240.1K
Net VEX	-1.8K	-2.1K	-1.6K	-2.1K	-1.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.02	0.00	34.00	4.00	0.00
Total Volume	114.571	1	806	10	67
Total OI	4,134.714	3,816	4,296	4,264	4,296

Daily Data (21 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
2023-06-01	$5.21	$5.00	45.9%	13.2%	62.0%	23.6%	0.0%	17.9%	-3.0%	14.7K	-432.1K	-2.1K	4.00	57.20	2	8	3,506	758
2023-06-02	$5.34	$5.00	61.0%	17.5%	60.9%	37.7%	59.8%	41.6%	-11.3%	13.6K	-476.1K	-2.1K	0.10	70.10	59	6	3,504	758
2023-06-05	$5.27	$5.00	31.3%	12.6%	60.4%	10.1%	43.9%	43.3%	4.1%	14.9K	-464.6K	-1.9K	0.08	73.81	65	5	3,495	753
2023-06-06	$5.38	$5.00	49.7%	12.9%	59.9%	27.2%	43.8%	10.8%	4.9%	14.0K	-551.0K	-1.9K	0.00	70.06	26	0	3,501	753
2023-06-07	$5.67	$5.00	66.8%	14.2%	61.7%	43.1%	45.2%	25.8%	9.1%	13.1K	-664.8K	-1.9K	0.20	64.90	66	13	3,489	752
2023-06-08	$5.63	$5.00	52.2%	12.2%	61.7%	29.5%	49.7%	18.2%	17.3%	12.8K	-671.7K	-2.0K	1.00	33.04	1	1	3,522	747
2023-06-09	$5.59	$5.00	74.8%	12.5%	60.0%	50.6%	0.0%	17.6%	11.5%	13.3K	-639.2K	-2.0K	0.00	74.88	19	0	3,523	747
2023-06-12	$5.34	$5.00	60.4%	13.7%	62.8%	37.1%	47.7%	11.5%	-0.0%	14.0K	-555.5K	-1.8K	0.67	22.14	9	6	3,521	747
2023-06-13	$5.39	$5.00	90.3%	13.4%	62.4%	65.0%	45.8%	14.6%	-0.5%	15.1K	-516.0K	-1.8K	0.01	68.43	801	5	3,540	748
2023-06-14	$5.28	$5.00	43.1%	12.4%	62.5%	21.0%	45.6%	-7.2%	3.3%	11.3K	-410.2K	-1.8K	0.00	64.73	15	0	3,389	743
2023-06-15	$5.38	$5.00	47.1%	13.5%	62.0%	24.7%	45.9%	15.6%	386.6%	9.9K	-492.7K	-1.8K	0.01	45.23	118	1	3,401	743
2023-06-16	$5.33	$5.00	41.0%	11.8%	61.6%	19.1%	40.7%	10.8%	5.6%	9.9K	-474.0K	-1.8K	0.40	64.00	190	76	3,389	743
2023-06-20	$5.40	$5.00	46.8%	13.4%	61.3%	24.5%	47.8%	6.7%	-10.3%	10.0K	-395.7K	-1.7K	0.85	25.18	33	28	3,196	620
2023-06-21	$5.34	$5.00	45.1%	12.9%	60.6%	22.9%	46.0%	6.4%	-0.7%	9.7K	-374.8K	-1.7K	0.50	60.37	12	6	3,202	643
2023-06-22	$5.37	$5.00	42.1%	12.1%	60.4%	20.1%	36.7%	10.1%	-0.6%	10.4K	-377.8K	-1.7K	0.00	74.02	1	0	3,214	643
2023-06-23	$5.16	$5.00	35.1%	10.1%	61.2%	13.5%	35.1%	2.5%	40.7%	11.4K	-306.0K	-1.7K	0.30	70.48	20	6	3,214	642
2023-06-26	$5.00	$5.00	30.9%	8.9%	61.0%	9.7%	30.9%	-45.4%	15.3%	12.8K	-242.1K	-1.6K	0.06	79.89	336	19	3,224	640
2023-06-27	$4.93	$5.00	36.2%	10.4%	61.2%	14.6%	36.1%	20.8%	5.5%	13.9K	-238.6K	-1.7K	34.00	67.65	9	306	3,358	635
2023-06-28	$4.88	$5.00	36.1%	10.3%	43.1%	14.5%	0.0%	23.5%	16.4%	9.5K	-132.8K	-1.7K	0.16	69.25	45	7	3,367	872
2023-06-29	$4.96	$5.00	40.7%	11.7%	38.5%	18.8%	40.7%	18.4%	-1.5%	9.5K	-229.8K	-1.8K	0.19	68.82	16	3	3,412	879
2023-06-30	$4.94	$5.00	49.7%	14.3%	37.3%	27.2%	49.7%	19.5%	-6.6%	8.3K	-240.1K	-1.8K	0.00	57.37	67	0	3,416	880