KNOP Options History — March 2024

In March 2024, KNOP traded between $5.13 and $5.41. ATM implied volatility averaged 46.0%, placing in the 10.1% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded above realized volatility by 15.1% (HV 20d: 30.9%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 1.85.

Notable Days

2024-03-14: Highest Volume — 112 contracts
2024-03-20: Largest IV spike — 98.2% change
2024-03-11: Highest IV Rank — 27.0%
2024-03-20: Largest Expected Move — 20.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.28	$5.13	$5.41	$5.41	$5.15
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	46.0%	30.5%	77.4%	40.9%	35.3%
Expected Move	12.2%	8.7%	20.6%	11.7%	10.1%
HV 20d	30.9%	17.8%	33.9%	33.8%	17.9%
HV 60d	34.8%	29.1%	39.5%	39.4%	29.1%
IV Rank	10.1%	1.8%	27.0%	7.4%	4.4%
IV Percentile	38.8%	2.0%	93.3%	25.0%	10.3%
Term Structure	26.2%	-5.0%	362.3%	-5.0%	19.7%
VWIV	42.1%	28.9%	56.4%	48.4%	39.2%
Skew 25d	26.1%	5.9%	59.4%	21.8%	23.8%
Skew 10d	83.4%	0.4%	140.3%	95.5%	140.3%
Call IV 25d	40.3%	32.7%	50.1%	39.8%	43.6%
Put IV 25d	66.4%	43.7%	100.9%	61.5%	67.4%
Bid-Ask Spread %	86.65	75.30	98.35	77.14	93.89
Gamma HHI	0.51	0.50	0.55	0.50	0.52
Net GEX	-43	-539	1.1K	169	-425
Net DEX	-70.5K	-98.2K	-25.4K	-75.2K	-54.9K
Net VEX	-744	-880	-668	-668	-751
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.85	0.00	10.67	10.67	0.91
Total Volume	35.95	0	112	35	21
Total OI	1,313.35	1,196	1,382	1,196	1,382

Daily Data (20 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
2024-03-01	$5.41	$5.00	40.9%	11.7%	33.8%	7.4%	0.0%	21.8%	-5.0%	169	-75.2K	-668	10.67	77.14	3	32	812	384
2024-03-04	$5.35	$5.00	44.3%	13.8%	33.9%	9.2%	48.4%	23.4%	3.6%	-40	-72.9K	-706	0.80	85.89	50	40	810	414
2024-03-05	$5.35	$5.00	42.5%	11.3%	33.1%	8.3%	0.0%	18.1%	17.7%	57	-84.7K	-746	0.00	88.47	1	0	860	454
2024-03-06	$5.28	$5.00	47.0%	13.8%	32.8%	10.7%	47.9%	37.0%	-1.3%	-128	-65.2K	-738	0.32	92.02	22	7	861	454
2024-03-07	$5.34	$5.00	48.1%	11.6%	32.7%	11.3%	52.1%	0.0%	10.2%	-116	-80.6K	-735	4.67	88.77	3	14	862	459
2024-03-08	$5.29	$5.00	48.3%	12.0%	32.8%	11.4%	0.0%	20.5%	5.3%	-418	-73.5K	-754	0.83	95.01	12	10	865	471
2024-03-11	$5.27	$5.00	77.4%	12.5%	32.8%	27.0%	0.0%	0.0%	2.7%	-125	-80.5K	-695	0.00	85.17	60	0	872	441
2024-03-12	$5.28	$5.00	67.0%	13.0%	32.8%	21.4%	56.4%	39.4%	3.6%	-204	-76.1K	-729	0.00	87.62	0	5	872	441
2024-03-13	$5.27	$5.00	41.6%	11.9%	32.2%	7.8%	41.6%	32.3%	5.7%	-448	-76.0K	-684	0.61	85.74	33	20	872	436
2024-03-14	$5.35	$5.00	48.5%	13.9%	32.6%	11.5%	48.5%	35.5%	362.3%	621	-88.7K	-721	1.67	81.90	42	70	882	436
2024-03-15	$5.38	$5.00	44.2%	12.7%	32.7%	9.2%	44.2%	0.0%	9.0%	714	-98.2K	-767	4.33	98.35	21	91	880	441
2024-03-18	$5.25	$5.00	33.4%	9.6%	33.7%	3.4%	28.9%	0.0%	14.6%	-146	-69.8K	-716	1.91	79.41	11	21	863	410
2024-03-19	$5.27	$5.00	36.3%	10.4%	33.5%	4.9%	0.0%	16.7%	14.1%	-85	-66.0K	-767	0.00	96.61	0	0	872	431
2024-03-20	$5.31	$5.00	72.0%	20.6%	33.6%	24.0%	0.0%	59.4%	12.2%	1.1K	-68.4K	-880	0.00	94.98	0	0	872	431
2024-03-21	$5.37	$5.00	37.0%	10.6%	33.9%	5.3%	38.8%	5.9%	8.5%	66	-81.5K	-740	0.45	79.99	58	26	872	431
2024-03-22	$5.24	$5.00	33.5%	9.6%	32.4%	3.4%	29.1%	0.0%	16.0%	-129	-70.0K	-794	1.00	75.30	1	1	913	437
2024-03-25	$5.21	$5.00	30.5%	8.7%	26.4%	1.8%	29.5%	0.0%	16.8%	-277	-70.4K	-783	0.60	77.71	10	6	913	438
2024-03-26	$5.17	$5.00	49.2%	14.1%	26.1%	11.9%	0.0%	15.3%	-0.8%	-538	-31.5K	-725	0.00	79.84	0	15	917	437
2024-03-27	$5.13	$5.00	43.1%	12.4%	17.8%	8.6%	42.3%	15.6%	8.8%	-539	-25.4K	-775	0.86	89.12	7	6	917	452
2024-03-28	$5.15	$5.00	35.3%	10.1%	17.9%	4.4%	39.2%	23.8%	19.7%	-425	-54.9K	-751	0.91	93.89	11	10	924	458