KNOP Options History — February 2024

In February 2024, KNOP traded between $5.50 and $5.98. ATM implied volatility averaged 50.0%, placing in the 12.3% IV rank vs the trailing year. The 30-day expected move averaged 13.8%. IV traded above realized volatility by 23.1% (HV 20d: 26.9%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 2.09.

Notable Days

  • 2024-02-09: Highest Volume — 55 contracts
  • 2024-02-16: Largest IV spike — 164.4% change
  • 2024-02-16: Highest IV Rank — 35.7%
  • 2024-02-16: Largest Expected Move — 26.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.67$5.50$5.98$5.69$5.50
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV50.0%35.4%93.7%57.0%43.7%
Expected Move13.8%10.2%26.9%12.2%12.5%
HV 20d26.9%23.9%35.0%29.5%35.0%
HV 60d37.2%36.4%39.4%36.9%39.4%
IV Rank12.3%4.5%35.7%16.0%8.9%
IV Percentile50.0%9.1%97.2%75.8%33.3%
Term Structure-1.1%-67.4%19.9%19.9%-4.9%
VWIV48.9%33.9%75.8%33.9%41.1%
Skew 25d6.0%-18.9%32.6%-0.9%-18.9%
Skew 10d57.6%39.2%94.7%47.5%49.9%
Call IV 25d47.3%29.8%57.3%54.7%57.3%
Put IV 25d53.3%38.4%71.1%53.9%38.4%
Bid-Ask Spread %84.2760.06117.6685.9869.68
Gamma HHI0.560.480.690.480.50
Net GEX1.0K3102.0K435313
Net DEX-118.2K-158.5K-81.7K-113.8K-99.3K
Net VEX-805-888-620-888-620
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.090.0020.000.672.00
Total Volume13.2055512
Total OI1,281.251,1781,3971,3101,186

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$5.69$5.0057.0%12.2%29.5%16.0%33.9%-0.9%19.9%435-113.8K-8880.6785.9832798512
2024-02-02$5.69$5.0052.2%12.4%27.7%13.5%49.7%0.4%11.8%591-123.6K-8530.3392.8031801514
2024-02-05$5.79$5.0058.6%16.3%26.5%16.9%57.6%5.3%-1.8%891-127.7K-8690.0096.2901801515
2024-02-06$5.68$5.0058.2%12.5%26.0%16.7%37.1%-2.4%18.3%574-115.9K-8300.0085.1930801516
2024-02-07$5.75$5.0045.7%13.1%26.5%10.0%0.0%2.8%-2.1%689-123.1K-8810.0787.54151801516
2024-02-08$5.75$5.0052.6%15.1%26.4%13.7%0.0%-3.9%4.7%1.0K-134.1K-8470.0074.6900812507
2024-02-09$5.73$5.0045.0%12.9%25.6%9.6%0.0%3.0%11.9%681-132.9K-8250.2277.734510812517
2024-02-12$5.70$5.0047.5%13.6%25.4%10.9%40.3%0.1%12.4%1.0K-134.6K-8670.0074.6660852517
2024-02-13$5.58$5.0045.1%12.9%25.1%9.6%38.8%0.0%17.5%310-115.3K-8690.0060.0610858517
2024-02-14$5.62$5.0042.4%12.1%25.3%8.2%0.0%3.3%13.4%1.6K-128.4K-82320.0062.42120859517
2024-02-15$5.63$5.0035.4%10.2%24.9%4.5%0.0%-1.5%16.2%1.5K-127.7K-8300.0067.4400860537
2024-02-16$5.62$5.0093.7%26.9%23.9%35.7%0.0%17.5%-67.4%1.4K-120.1K-8110.00117.66190860537
2024-02-20$5.54$5.0051.9%14.9%24.1%13.3%75.8%0.0%-19.3%1.5K-95.0K-8230.0062.1390801377
2024-02-21$5.56$5.0046.0%13.2%24.2%10.2%63.1%32.2%-5.1%1.3K-87.6K-8270.4089.6252806377
2024-02-22$5.53$5.0052.6%15.1%24.2%13.7%0.0%32.6%-15.0%1.3K-81.7K-7952.0096.4224811379
2024-02-23$5.71$5.0041.9%12.0%26.7%8.0%34.2%18.3%-2.3%1.4K-114.4K-7510.87100.502320813379
2024-02-26$5.98$5.0051.5%14.8%27.9%13.1%66.1%16.7%-21.8%2.0K-158.5K-7681.89115.56917806374
2024-02-27$5.88$5.0038.8%11.1%28.3%6.3%41.1%15.1%-3.0%1.7K-140.7K-7055.0081.09210810379
2024-02-28$5.55$5.0040.4%11.6%34.9%7.2%0.0%-12.2%-5.5%592-89.5K-6252.0088.03612808382
2024-02-29$5.50$5.0043.7%12.5%35.0%8.9%0.0%-18.9%-4.9%313-99.3K-6200.0069.68012812374