KNOP Options History — April 2025

In April 2025, KNOP traded between $6.15 and $7.59. ATM implied volatility averaged 54.4%, placing in the 27.0% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded below realized volatility by 15.5% (HV 20d: 69.9%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.15.

Notable Days

2025-04-01: Highest Volume — 248 contracts
2025-04-10: Largest IV spike — 99.2% change
2025-04-08: Highest IV Rank — 79.0%
2025-04-10: Largest Expected Move — 29.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.52	$6.15	$7.59	$7.59	$6.35
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	54.4%	30.8%	107.2%	33.2%	48.6%
Expected Move	14.4%	8.8%	29.1%	8.8%	13.9%
HV 20d	69.9%	55.0%	79.4%	55.7%	56.5%
HV 60d	49.4%	42.2%	51.6%	43.6%	50.7%
IV Rank	27.0%	3.8%	79.0%	6.1%	21.3%
IV Percentile	56.8%	7.1%	98.4%	15.5%	65.1%
Term Structure	-6.0%	-87.6%	21.2%	-1.1%	3.0%
VWIV	66.8%	37.6%	96.0%	37.6%	96.0%
Skew 25d	38.5%	-17.2%	104.2%	104.2%	82.7%
Skew 10d	54.1%	11.9%	211.8%	211.8%	94.8%
Call IV 25d	38.6%	23.3%	95.9%	46.8%	39.4%
Put IV 25d	77.2%	43.9%	151.0%	151.0%	122.2%
Bid-Ask Spread %	96.34	68.61	122.37	102.29	110.41
Gamma HHI	0.79	0.69	0.97	0.97	0.74
Net GEX	3.6K	1.9K	12.2K	8.9K	2.4K
Net DEX	-163.1K	-307.6K	-94.9K	-307.6K	-107.6K
Net VEX	-637	-765	-573	-617	-633
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.15	0.00	1.80	0.01	0.00
Total Volume	31.429	0	248	248	1
Total OI	823.286	611	951	817	680

Daily Data (21 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
2025-04-01	$7.59	$5.00	33.2%	8.8%	55.7%	6.1%	37.6%	104.2%	-1.1%	8.9K	-307.6K	-617	0.01	102.29	245	3	599	218
2025-04-02	$7.57	$5.00	30.8%	10.3%	55.0%	3.8%	0.0%	81.2%	-11.8%	12.2K	-281.8K	-671	0.00	86.41	117	0	616	221
2025-04-03	$7.17	$5.00	48.3%	9.7%	60.1%	21.0%	0.0%	42.7%	-16.6%	7.8K	-275.6K	-765	0.00	109.43	14	0	715	221
2025-04-04	$6.54	$5.00	93.7%	13.7%	69.8%	65.7%	0.0%	17.3%	-10.2%	3.8K	-207.0K	-754	0.00	101.14	7	0	712	221
2025-04-07	$6.19	$5.00	98.6%	26.3%	72.7%	70.5%	96.0%	50.7%	0.2%	3.3K	-166.6K	-731	1.80	112.64	5	9	712	221
2025-04-08	$6.26	$5.00	107.2%	23.7%	72.3%	79.0%	0.0%	-17.2%	-70.8%	1.9K	-151.3K	-612	0.20	101.87	40	8	713	226
2025-04-09	$6.58	$5.00	50.9%	14.6%	73.6%	23.5%	0.0%	35.6%	3.3%	4.5K	-200.8K	-714	0.00	111.09	13	0	714	234
2025-04-10	$6.15	$5.00	101.3%	29.1%	78.3%	73.2%	0.0%	32.2%	-87.6%	1.9K	-150.9K	-612	0.00	122.37	6	0	708	233
2025-04-11	$6.36	$5.00	35.6%	10.2%	78.9%	8.5%	0.0%	17.5%	21.2%	1.9K	-160.5K	-609	0.00	94.09	5	0	712	233
2025-04-14	$6.33	$5.00	61.0%	17.5%	78.8%	33.6%	0.0%	29.4%	15.6%	2.2K	-168.1K	-607	0.00	107.32	0	0	716	233
2025-04-15	$6.38	$5.00	41.8%	12.0%	78.7%	14.6%	0.0%	12.0%	17.7%	2.1K	-168.9K	-611	0.00	99.05	4	0	716	233
2025-04-16	$6.24	$5.00	48.0%	13.8%	79.4%	20.7%	0.0%	29.9%	-6.6%	2.1K	-157.1K	-591	0.00	97.57	22	0	718	233
2025-04-17	$6.43	$5.00	49.2%	14.1%	71.0%	21.9%	0.0%	23.5%	-0.8%	2.3K	-179.1K	-577	0.00	75.91	30	0	709	233
2025-04-21	$6.30	$5.00	37.5%	10.8%	71.4%	10.4%	0.0%	16.5%	-5.7%	2.3K	-99.2K	-573	0.00	77.61	41	0	470	141
2025-04-22	$6.38	$5.00	42.1%	12.1%	71.5%	14.9%	0.0%	22.6%	-2.3%	2.6K	-104.1K	-620	0.00	78.33	21	0	512	141
2025-04-23	$6.37	$5.00	38.4%	11.0%	71.3%	11.3%	0.0%	14.3%	3.3%	2.6K	-94.9K	-603	0.00	94.70	20	0	516	141
2025-04-24	$6.42	$5.00	42.5%	12.2%	68.5%	15.3%	0.0%	38.0%	0.2%	2.4K	-102.5K	-610	0.00	91.83	21	0	506	141
2025-04-25	$6.54	$5.00	45.5%	13.0%	68.9%	18.3%	0.0%	81.6%	16.0%	3.0K	-120.5K	-622	0.00	91.01	7	0	526	141
2025-04-28	$6.42	$5.00	40.0%	11.5%	69.0%	12.8%	0.0%	11.1%	11.9%	2.7K	-111.8K	-640	0.91	68.61	11	10	533	141
2025-04-29	$6.40	$5.00	48.3%	13.8%	66.7%	21.0%	0.0%	83.5%	-5.4%	2.7K	-109.5K	-611	0.00	89.46	0	0	533	147
2025-04-30	$6.35	$5.00	48.6%	13.9%	56.5%	21.3%	0.0%	82.7%	3.0%	2.4K	-107.6K	-633	0.00	110.41	1	0	533	147