KNOP Options History — July 2024

In July 2024, KNOP traded between $7.17 and $8.52. ATM implied volatility averaged 43.9%, placing in the 9.0% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded below realized volatility by 11.3% (HV 20d: 55.2%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.80.

Notable Days

  • 2024-07-01: Highest Volume — 419 contracts
  • 2024-07-09: Largest IV spike — 42.5% change
  • 2024-07-09: Highest IV Rank — 13.6%
  • 2024-07-30: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.71$7.17$8.52$8.52$7.23
Max Pain$7.16$5.00$7.50$5.00$7.50
ATM IV43.9%27.0%52.4%40.6%43.1%
Expected Move12.8%9.7%14.9%11.6%12.4%
HV 20d55.2%30.4%77.8%77.8%31.0%
HV 60d55.1%54.2%56.6%54.2%55.0%
IV Rank9.0%0.0%13.6%7.2%8.7%
IV Percentile41.6%0.0%71.8%25.4%33.3%
Term Structure17.8%-21.2%170.5%2.5%6.9%
VWIV46.0%30.0%52.6%52.6%37.8%
Skew 25d47.0%-5.8%168.8%19.9%75.0%
Skew 10d76.9%-11.3%239.5%7.0%98.5%
Call IV 25d42.1%27.8%60.8%32.8%42.4%
Put IV 25d89.1%34.4%216.1%52.7%117.3%
Bid-Ask Spread %101.5086.95119.4296.96108.34
Gamma HHI0.490.370.770.460.40
Net GEX8.2K3.4K21.3K8.9K4.3K
Net DEX-327.6K-631.2K-101.7K-631.2K-115.4K
Net VEX-2.3K-2.5K-2.0K-2.0K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.006.502.770.00
Total Volume48.95514194191
Total OI2,173.5911,9192,3661,9192,044

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$8.52$5.0040.6%11.6%77.8%7.2%52.6%19.9%2.5%8.9K-631.2K-2.0K2.7796.961113081,284635
2024-07-02$8.45$5.0039.1%11.2%71.8%6.5%47.8%16.6%1.0%6.7K-559.0K-2.5K1.2596.8340501,335836
2024-07-03$8.25$5.0033.8%9.7%70.5%3.6%40.2%-5.8%-3.1%7.7K-564.5K-2.5K0.0087.962301,364846
2024-07-05$8.04$7.5027.0%14.4%71.4%0.0%51.1%24.5%-5.7%8.1K-484.2K-2.4K0.61109.7956341,362846
2024-07-08$8.00$7.5036.8%12.0%71.4%5.3%46.0%30.6%8.5%8.2K-464.8K-2.4K0.11116.966271,359858
2024-07-09$7.78$7.5052.4%12.1%68.1%13.6%0.0%17.4%11.9%8.8K-410.9K-2.5K0.48114.5821101,419861
2024-07-10$7.88$7.5048.4%13.9%68.1%11.5%48.4%28.0%-1.0%10.3K-426.4K-2.4K6.50101.172131,419871
2024-07-11$7.96$7.5042.4%12.2%68.2%8.3%37.0%22.2%11.2%10.0K-429.2K-2.4K0.33110.28621,417883
2024-07-12$7.95$7.5047.7%13.7%68.0%11.1%47.5%8.7%1.1%9.3K-446.1K-2.4K0.00102.246101,417884
2024-07-15$7.86$7.5048.1%13.8%67.1%11.3%0.0%5.7%-0.8%10.8K-454.6K-2.4K0.0096.63801,461884
2024-07-16$7.70$7.5040.6%11.6%67.3%7.3%0.0%32.3%12.1%11.0K-380.1K-2.3K2.14119.427151,461894
2024-07-17$7.60$7.5037.7%10.8%65.5%5.7%41.4%94.3%14.4%11.8K-319.1K-2.3K1.43112.6414201,454894
2024-07-18$7.60$7.5046.0%13.2%65.0%10.2%49.5%16.3%167.9%12.7K-335.5K-2.4K0.4299.661251,452914
2024-07-19$7.42$7.5050.1%14.4%40.0%12.4%52.5%-3.5%170.5%21.3K-209.4K-2.3K0.8488.0732271,438926
2024-07-22$7.71$7.5047.9%13.7%37.1%11.2%48.4%99.2%-6.0%5.3K-209.6K-2.2K0.5591.5658321,175744
2024-07-23$7.44$7.5045.7%13.1%35.1%10.0%45.7%7.9%-0.8%4.4K-159.8K-2.2K0.0088.38301,256774
2024-07-24$7.17$7.5048.7%14.0%37.0%11.6%48.7%4.2%-21.2%3.6K-106.6K-2.2K0.1786.951221,256774
2024-07-25$7.30$7.5050.4%14.4%37.5%12.5%50.3%144.3%-2.6%4.5K-119.8K-2.1K0.0095.51401,253777
2024-07-26$7.23$7.5039.6%11.3%35.1%6.7%30.0%165.8%20.5%4.4K-101.7K-2.0K0.00110.49201,253777
2024-07-29$7.27$7.5046.7%13.4%30.4%10.6%47.0%168.8%6.8%3.4K-131.3K-2.2K0.0098.35601,252777
2024-07-30$7.34$7.5051.9%14.9%30.9%13.4%51.9%61.6%-2.8%4.6K-147.2K-2.1K0.00100.131101,256777
2024-07-31$7.23$7.5043.1%12.4%31.0%8.7%37.8%75.0%6.9%4.3K-115.4K-2.1K0.00108.34101,267777