KNOP Options History — July 2025

In July 2025, KNOP traded between $6.28 and $7.42. ATM implied volatility averaged 40.2%, placing in the 18.1% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 1.7% (HV 20d: 38.5%). Max pain ranged from $2.50 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.36.

Notable Days

2025-07-14: Highest Volume — 300 contracts
2025-07-28: Largest IV spike — 54.3% change
2025-07-01: Highest IV Rank — 52.0%
2025-07-01: Largest Expected Move — 22.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.03	$6.28	$7.42	$6.28	$6.96
Max Pain	$4.66	$2.50	$7.50	$7.50	$2.50
ATM IV	40.2%	24.4%	76.8%	76.8%	31.3%
Expected Move	10.7%	7.0%	22.0%	22.0%	9.0%
HV 20d	38.5%	26.4%	43.3%	30.7%	26.4%
HV 60d	34.0%	32.1%	40.0%	40.0%	32.6%
IV Rank	18.1%	3.4%	52.0%	52.0%	9.7%
IV Percentile	34.8%	0.4%	92.5%	92.5%	11.5%
Term Structure	7.0%	-3.7%	18.3%	-3.7%	-1.2%
VWIV	53.6%	18.7%	155.4%	80.8%	87.6%
Skew 25d	107.3%	40.4%	209.7%	41.0%	209.7%
Skew 10d	123.2%	23.4%	274.7%	23.4%	274.7%
Call IV 25d	36.9%	24.3%	56.7%	39.3%	56.7%
Put IV 25d	144.2%	75.9%	266.4%	80.4%	266.4%
Bid-Ask Spread %	107.12	79.60	132.26	93.68	87.75
Gamma HHI	0.85	0.63	0.95	0.63	0.88
Net GEX	9.2K	3.2K	23.7K	3.2K	7.5K
Net DEX	-230.9K	-352.4K	-133.0K	-133.0K	-245.0K
Net VEX	-745	-965	-537	-613	-750
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.36	0.00	3.67	0.00	0.00
Total Volume	42.091	0	300	1	50
Total OI	993.682	830	1,272	843	1,038

Daily Data (22 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
2025-07-01	$6.28	$7.50	76.8%	22.0%	30.7%	52.0%	0.0%	41.0%	-3.7%	3.2K	-133.0K	-613	0.00	93.68	0	1	668	175
2025-07-02	$6.74	$5.00	59.8%	17.2%	39.8%	36.2%	80.8%	61.4%	1.4%	4.9K	-187.1K	-537	0.00	91.85	0	21	668	164
2025-07-03	$6.93	$5.00	54.7%	10.0%	40.4%	31.5%	0.0%	49.2%	16.3%	5.5K	-204.8K	-600	0.00	132.26	1	0	668	165
2025-07-07	$6.96	$5.00	42.1%	8.1%	39.0%	19.8%	0.0%	137.8%	18.3%	5.9K	-195.4K	-603	0.00	121.07	104	0	665	165
2025-07-08	$7.03	$5.00	60.3%	9.5%	38.0%	36.7%	20.8%	50.9%	15.8%	8.2K	-233.4K	-625	0.00	129.77	3	0	765	165
2025-07-09	$6.96	$5.00	39.0%	11.2%	38.0%	16.9%	0.0%	50.7%	14.5%	8.3K	-211.0K	-603	0.00	131.02	3	0	768	165
2025-07-10	$6.87	$5.00	37.8%	10.8%	38.3%	15.8%	0.0%	52.6%	8.6%	7.1K	-189.9K	-589	0.00	122.03	0	0	767	165
2025-07-11	$7.00	$5.00	35.7%	10.2%	38.4%	13.9%	58.7%	41.4%	10.1%	8.4K	-223.8K	-595	0.00	115.17	4	0	767	165
2025-07-14	$7.42	$5.00	28.0%	8.0%	43.0%	6.7%	32.7%	101.1%	6.1%	23.7K	-293.8K	-597	0.02	111.96	293	7	767	165
2025-07-15	$7.36	$5.00	38.2%	11.0%	43.3%	16.2%	38.3%	116.8%	-0.4%	20.9K	-352.4K	-915	2.27	89.75	44	100	986	172
2025-07-16	$7.31	$5.00	40.2%	11.5%	43.2%	18.1%	40.2%	122.3%	-2.1%	17.4K	-291.0K	-965	0.00	89.99	21	0	1,011	261
2025-07-17	$7.28	$5.00	36.2%	10.4%	40.8%	14.3%	0.0%	40.4%	8.2%	17.8K	-247.1K	-898	0.00	103.91	6	0	1,002	261
2025-07-18	$7.24	$5.00	34.6%	9.9%	40.5%	12.8%	34.6%	45.3%	4.6%	6.0K	-211.8K	-855	3.67	104.04	15	55	999	261
2025-07-21	$7.17	$5.00	35.8%	10.3%	40.6%	14.0%	18.7%	151.1%	4.0%	6.4K	-227.7K	-790	0.07	110.56	67	5	712	176
2025-07-22	$7.12	$5.00	37.5%	10.8%	40.5%	15.5%	0.0%	178.0%	-2.4%	6.6K	-233.9K	-889	0.00	121.83	1	0	764	181
2025-07-23	$7.10	$5.00	34.0%	9.7%	40.3%	12.2%	21.4%	183.3%	7.7%	6.8K	-229.5K	-839	0.00	114.77	53	0	764	181
2025-07-24	$7.06	$5.00	34.4%	9.9%	38.4%	12.7%	0.0%	191.2%	7.3%	7.5K	-235.8K	-889	0.00	105.60	0	0	811	181
2025-07-25	$7.02	$5.00	24.4%	7.0%	38.1%	3.4%	155.4%	189.9%	13.9%	7.7K	-224.8K	-870	0.00	79.60	47	0	811	181
2025-07-28	$7.00	$2.50	37.7%	10.8%	36.7%	15.7%	0.0%	47.5%	12.3%	7.8K	-236.7K	-821	0.00	97.84	20	0	854	181
2025-07-29	$6.96	$2.50	31.7%	9.1%	36.9%	10.2%	87.6%	200.3%	11.4%	7.6K	-234.0K	-797	0.00	90.43	5	0	857	181
2025-07-30	$6.96	$2.50	35.1%	10.1%	36.0%	13.3%	0.0%	97.9%	2.7%	7.8K	-238.7K	-757	0.00	111.67	0	0	857	181
2025-07-31	$6.96	$2.50	31.3%	9.0%	26.4%	9.7%	0.0%	209.7%	-1.2%	7.5K	-245.0K	-750	0.00	87.75	50	0	857	181