KNOP Options History — August 2023

In August 2023, KNOP traded between $4.92 and $5.61. ATM implied volatility averaged 54.1%, placing in the 31.1% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded above realized volatility by 15.0% (HV 20d: 39.1%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 2.87.

Notable Days

  • 2023-08-31: Highest Volume — 177 contracts
  • 2023-08-08: Largest IV spike — 104.1% change
  • 2023-08-08: Highest IV Rank — 75.4%
  • 2023-08-15: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.20$4.92$5.61$5.56$5.30
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV54.1%45.0%101.4%48.2%51.9%
Expected Move14.9%12.9%17.8%13.8%14.9%
HV 20d39.1%25.8%48.0%45.3%35.4%
HV 60d45.2%37.0%48.9%48.7%38.9%
IV Rank31.1%22.8%75.4%25.7%25.3%
IV Percentile72.3%53.2%99.2%63.9%69.4%
Term Structure-5.8%-19.2%4.4%-19.2%-8.0%
VWIV57.9%46.0%149.7%62.8%53.5%
Skew 25d34.8%8.9%71.7%27.3%27.7%
Skew 10d72.5%18.5%141.0%80.0%68.2%
Call IV 25d37.8%26.8%48.4%27.5%35.9%
Put IV 25d72.5%43.5%111.8%54.8%63.6%
Bid-Ask Spread %72.7828.76111.5871.0070.92
Gamma HHI0.720.590.790.610.73
Net GEX8.0K5.9K10.0K8.1K7.7K
Net DEX-327.5K-499.0K-192.3K-479.7K-354.0K
Net VEX-1.3K-1.4K-1.1K-1.4K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.870.0041.000.141.72
Total Volume51.783217716177
Total OI1,995.871,8742,1571,9162,142

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$5.56$5.0048.2%13.8%45.3%25.7%62.8%27.3%-19.2%8.1K-479.7K-1.4K0.1471.001421,615301
2023-08-02$5.61$5.0045.0%12.9%45.1%22.8%53.9%27.1%-8.7%7.7K-499.0K-1.4K0.0566.432211,608298
2023-08-03$5.58$5.0045.6%12.9%45.2%23.4%52.5%13.2%3.0%8.8K-475.7K-1.3K41.0096.541411,608299
2023-08-04$5.35$5.0048.9%14.3%48.0%26.4%46.2%18.9%-4.3%8.9K-393.3K-1.3K0.0851.78132111,602340
2023-08-07$5.34$5.0049.7%14.4%46.1%27.2%49.3%21.6%2.1%8.6K-381.0K-1.4K0.3962.4928111,616339
2023-08-08$5.30$5.00101.4%14.7%44.0%75.4%59.0%39.4%4.4%8.2K-358.2K-1.3K0.31111.581341,624350
2023-08-09$5.21$5.0051.7%14.8%39.9%29.0%0.0%26.5%-5.0%9.1K-327.0K-1.3K0.0085.54201,625354
2023-08-10$5.25$5.0059.1%16.9%39.4%35.9%0.0%44.5%-11.7%8.8K-344.6K-1.3K0.0091.941201,627354
2023-08-11$5.37$5.0055.7%16.0%38.6%32.8%55.7%19.1%-3.2%8.3K-400.5K-1.4K0.0233.315711,626364
2023-08-14$5.25$5.0056.9%16.3%39.2%33.8%149.7%42.4%-3.3%8.6K-371.6K-1.4K0.0081.82901,643365
2023-08-15$5.09$5.0062.1%17.8%40.2%38.7%62.0%15.7%-11.5%9.1K-321.2K-1.3K0.1170.89911,652365
2023-08-16$5.15$5.0059.3%17.0%39.5%36.1%58.1%31.3%-12.6%9.8K-367.9K-1.3K4.7567.504191,661366
2023-08-17$5.14$5.0048.8%14.0%39.3%26.3%48.7%8.9%-2.4%10.0K-331.0K-1.2K1.5045.2012181,661368
2023-08-18$5.17$5.0051.4%14.7%39.4%28.8%51.4%41.8%-2.9%7.4K-343.4K-1.3K0.20100.76112221,661377
2023-08-21$5.04$5.0046.8%13.4%38.4%24.4%46.7%19.3%2.4%7.3K-258.6K-1.2K1.1777.74671,534340
2023-08-22$4.96$5.0046.1%13.2%38.4%23.8%46.0%58.7%0.8%7.4K-229.4K-1.2K0.1590.122031,535353
2023-08-23$5.00$5.0052.4%15.0%37.6%29.6%52.4%62.8%-5.2%7.4K-248.2K-1.1K12.0066.14101201,555354
2023-08-24$4.92$5.0045.6%13.1%37.8%23.4%48.2%62.0%-4.8%5.9K-192.3K-1.2K0.0282.228521,565474
2023-08-25$4.96$5.0055.0%15.8%36.9%32.1%0.0%17.8%-10.0%6.0K-212.2K-1.2K0.0028.762001,588476
2023-08-28$5.00$5.0053.6%15.4%32.5%30.8%53.6%62.3%-7.2%6.1K-214.9K-1.2K0.0070.131901,598476
2023-08-29$5.00$5.0055.0%15.8%26.4%32.2%55.0%71.7%-11.7%6.9K-214.8K-1.1K2.1078.4729611,613476
2023-08-30$4.98$5.0053.9%15.4%25.8%31.1%53.9%39.8%-15.4%6.7K-214.0K-1.2K0.3772.7354201,625532
2023-08-31$5.30$5.0051.9%14.9%35.4%25.3%53.5%27.7%-8.0%7.7K-354.0K-1.2K1.7270.92651121,649493