KNOP Options History — October 2023

In October 2023, KNOP traded between $5.69 and $6.48. ATM implied volatility averaged 53.9%, placing in the 14.8% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 3.6% (HV 20d: 50.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.73.

Notable Days

  • 2023-10-20: Highest Volume — 190 contracts
  • 2023-10-05: Largest IV spike — 106.6% change
  • 2023-10-09: Highest IV Rank — 34.8%
  • 2023-10-18: Largest Expected Move — 22.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.09$5.69$6.48$6.48$5.69
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV53.9%36.5%91.4%52.1%36.5%
Expected Move14.0%9.1%22.8%14.9%10.5%
HV 20d50.3%37.5%62.6%62.6%37.5%
HV 60d48.8%46.8%49.9%48.9%46.8%
IV Rank14.8%5.5%34.8%13.8%5.5%
IV Percentile56.6%14.7%97.6%68.3%14.7%
Term Structure11.1%-79.7%269.2%-9.2%11.1%
VWIV46.9%27.5%64.0%64.0%33.7%
Skew 25d11.4%-13.0%64.9%-7.6%-6.9%
Skew 10d10.3%-30.7%58.6%-17.6%-13.8%
Call IV 25d40.1%28.8%55.3%55.3%45.6%
Put IV 25d51.4%36.2%103.4%47.7%38.6%
Bid-Ask Spread %81.4429.21120.7529.2142.31
Gamma HHI0.500.470.640.640.49
Net GEX7.8K6.0K11.2K11.2K6.0K
Net DEX-656.3K-926.9K-355.8K-926.9K-361.0K
Net VEX-1.5K-1.7K-1.3K-1.4K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.005.891.000.50
Total Volume30.3181190103
Total OI2,435.2271,7302,7752,7041,818

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$6.48$5.0052.1%14.9%62.6%13.8%0.0%-7.6%-9.2%11.2K-926.9K-1.4K1.0029.21552,252452
2023-10-03$6.29$5.0036.8%10.5%54.9%5.6%64.0%10.0%17.5%9.7K-793.8K-1.6K0.2230.862352,255457
2023-10-04$5.99$5.0041.7%12.0%56.6%8.3%46.3%17.7%6.0%7.7K-725.9K-1.6K0.5938.5559352,275457
2023-10-05$6.29$5.0086.2%9.1%55.8%32.0%0.0%28.8%9.9%9.4K-804.0K-1.7K0.00106.891102,256492
2023-10-06$6.18$5.0045.3%15.1%54.2%10.2%27.5%28.9%9.1%7.7K-747.4K-1.5K0.00107.881602,253492
2023-10-09$6.38$5.0091.4%12.3%55.5%34.8%47.4%-13.0%-12.4%9.9K-878.1K-1.5K0.0079.403802,269492
2023-10-10$6.32$5.0081.6%18.2%55.4%29.5%0.0%64.9%4.4%10.2K-798.0K-1.5K0.00108.873102,258492
2023-10-11$6.30$5.0058.3%16.7%53.3%17.1%0.0%13.7%10.4%9.1K-829.9K-1.3K0.00107.33012,269492
2023-10-12$6.21$5.0053.9%15.5%51.6%14.8%0.0%15.9%-8.9%8.1K-758.0K-1.5K0.2096.972042,269493
2023-10-13$6.03$5.0040.5%11.6%51.8%7.6%0.0%0.1%-4.3%8.0K-715.5K-1.4K0.14101.68712,269497
2023-10-16$6.20$5.0039.5%11.3%52.9%7.1%0.0%5.8%5.7%7.3K-755.4K-1.4K0.5073.60212,276498
2023-10-17$6.26$5.0068.4%19.6%52.4%22.5%0.0%20.3%10.7%7.5K-784.1K-1.4K0.0392.617922,276499
2023-10-18$6.19$5.0079.4%22.8%51.4%28.4%0.0%7.7%-79.7%7.5K-735.2K-1.5K2.00120.75122,244501
2023-10-19$6.29$5.0063.4%18.2%49.1%19.9%0.0%2.7%28.4%7.8K-762.1K-1.5K0.0084.601302,244502
2023-10-20$6.04$5.0045.1%12.9%49.7%10.1%36.7%6.7%269.2%6.2K-724.1K-1.6K2.45101.97551352,243502
2023-10-23$5.90$5.0038.5%11.0%49.9%6.6%0.0%6.6%26.7%6.4K-414.4K-1.4K0.8568.4313111,446284
2023-10-24$5.87$5.0037.4%10.7%46.1%6.0%0.0%2.5%-2.1%6.5K-411.3K-1.5K0.0079.70601,459295
2023-10-25$5.82$5.0049.0%14.0%42.8%12.1%62.7%-4.1%-23.3%6.6K-402.1K-1.5K0.3384.14311,465295
2023-10-26$5.77$5.0050.9%14.6%42.7%13.2%57.1%27.8%-10.0%6.4K-383.4K-1.5K0.5073.43421,466295
2023-10-27$5.69$5.0036.5%10.5%41.1%5.5%33.7%3.4%-1.1%6.2K-371.5K-1.5K0.2273.56921,466295
2023-10-30$5.69$5.0052.7%15.1%38.4%14.1%0.0%18.3%-14.3%6.4K-355.8K-1.5K5.8988.969531,468297
2023-10-31$5.69$5.0036.5%10.5%37.5%5.5%0.0%-6.9%11.1%6.0K-361.0K-1.5K0.5042.31211,468350