KNOP Options History — August 2024

In August 2024, KNOP traded between $6.72 and $7.27. ATM implied volatility averaged 49.7%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 15.0%. IV traded above realized volatility by 12.5% (HV 20d: 37.2%). 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 14 of 22 days. Put/call ratio averaged 0.55.

Notable Days

  • 2024-08-16: Highest Volume — 82 contracts
  • 2024-08-05: Largest IV spike — 116.5% change
  • 2024-08-05: Highest IV Rank — 33.1%
  • 2024-08-05: Largest Expected Move — 26.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.98$6.72$7.27$7.15$7.06
Max Pain$5.23$5.00$7.50$7.50$5.00
ATM IV49.7%32.8%88.7%42.1%38.9%
Expected Move15.0%9.4%26.3%12.1%11.1%
HV 20d37.2%30.5%39.9%30.5%36.4%
HV 60d55.0%49.8%56.7%54.3%49.8%
IV Rank12.2%3.1%33.1%8.1%6.4%
IV Percentile50.2%4.0%96.4%29.8%21.8%
Term Structure1.1%-17.0%16.7%5.2%16.7%
VWIV45.9%24.5%92.2%42.2%24.5%
Skew 25d70.3%5.4%172.9%5.4%73.1%
Skew 10d78.6%-7.7%220.3%-7.7%76.4%
Call IV 25d46.8%27.0%79.4%49.2%34.5%
Put IV 25d117.2%54.5%212.2%54.5%107.7%
Bid-Ask Spread %113.5994.70139.58106.6699.29
Gamma HHI0.490.360.620.410.58
Net GEX6.1K3.4K9.2K4.3K8.3K
Net DEX-101.9K-194.6K-15.2K-92.7K-144.2K
Net VEX-1.6K-2.0K-1.3K-2.0K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.005.710.910.05
Total Volume240822123
Total OI1,872.5451,6902,0452,0451,707

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$7.15$7.5042.1%12.1%30.5%8.1%42.2%5.4%5.2%4.3K-92.7K-2.0K0.91106.6611101,268777
2024-08-02$6.84$7.5041.0%11.7%32.6%7.5%34.3%76.1%-13.5%3.7K-72.0K-1.9K0.83105.0212101,268716
2024-08-05$6.72$5.0088.7%26.3%32.8%33.1%0.0%44.0%-1.7%3.4K-70.0K-1.9K0.00139.582201,271716
2024-08-06$6.90$5.0067.5%22.1%34.2%21.7%0.0%100.1%-2.0%3.5K-85.5K-1.8K0.00129.94001,257716
2024-08-07$6.81$5.0051.1%19.4%33.5%12.9%66.7%20.0%-8.9%3.6K-79.3K-1.9K0.00128.273301,257716
2024-08-08$7.12$5.0042.8%19.9%37.9%8.5%0.0%57.4%7.2%4.3K-118.2K-1.9K0.00129.81001,276716
2024-08-09$6.92$5.0044.2%17.9%38.7%9.2%43.3%47.5%2.1%4.4K-42.1K-1.7K0.00130.771201,276716
2024-08-12$7.00$5.0050.9%11.4%39.2%12.8%34.7%44.4%10.2%4.6K-55.7K-1.7K0.00119.53401,278716
2024-08-13$6.99$5.0063.5%16.0%38.8%19.6%0.0%52.1%0.1%4.8K-106.5K-1.8K0.00108.642901,280716
2024-08-14$6.94$5.0039.5%11.3%38.7%6.7%37.3%56.3%4.2%5.5K-15.2K-1.5K0.52114.2521111,294716
2024-08-15$7.00$5.0032.8%9.4%38.9%3.1%92.2%56.7%14.9%6.0K-24.1K-1.6K0.00121.25301,291727
2024-08-16$7.20$5.0038.4%11.0%39.8%6.1%40.4%39.1%0.9%6.6K-103.4K-1.7K0.00107.988201,288712
2024-08-19$7.27$5.0035.0%10.0%37.2%4.3%32.9%47.0%6.4%8.3K-194.6K-1.8K0.00106.475301,146616
2024-08-20$6.94$5.0045.1%12.9%38.6%9.7%41.9%45.2%0.2%7.0K-115.8K-1.5K0.00114.861401,152616
2024-08-21$6.92$5.0065.0%18.6%36.6%20.4%55.9%129.3%-17.0%7.1K-114.0K-1.4K0.00107.19101,148566
2024-08-22$6.82$5.0057.9%16.6%36.1%16.6%50.2%140.2%-8.6%6.5K-105.6K-1.4K0.00109.112901,147566
2024-08-23$7.12$5.0055.9%16.0%39.5%15.5%0.0%68.3%5.9%9.2K-172.0K-1.5K5.71112.167401,176566
2024-08-26$7.00$5.0043.2%12.4%39.9%8.7%46.4%144.4%-9.3%8.7K-135.8K-1.4K0.00105.183301,183526
2024-08-27$6.92$5.0065.7%18.8%39.8%20.7%24.5%77.6%13.0%8.2K-126.5K-1.3K0.00111.783301,194526
2024-08-28$7.02$5.0045.8%13.1%39.9%10.1%0.0%50.5%-5.0%8.3K-149.6K-1.4K2.5096.4210251,164526
2024-08-29$7.00$5.0039.3%11.3%39.8%6.6%0.0%172.9%3.0%7.6K-119.2K-1.3K0.0094.70001,156551
2024-08-30$7.06$5.0038.9%11.1%36.4%6.4%0.0%73.1%16.7%8.3K-144.2K-1.4K0.0599.292211,156551