KNOP Options History — August 2025

In August 2025, KNOP traded between $6.87 and $8.28. ATM implied volatility averaged 38.3%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 12.9% (HV 20d: 25.4%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.28.

Notable Days

2025-08-22: Highest Volume — 134 contracts
2025-08-11: Largest IV spike — 82.5% change
2025-08-12: Highest IV Rank — 50.8%
2025-08-18: Largest Expected Move — 12.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.19	$6.87	$8.28	$6.90	$8.28
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	38.3%	24.1%	75.5%	28.1%	24.6%
Expected Move	9.6%	6.9%	12.3%	8.1%	7.1%
HV 20d	25.4%	11.4%	41.4%	24.8%	41.4%
HV 60d	32.0%	31.2%	36.3%	32.6%	36.3%
IV Rank	16.3%	3.0%	50.8%	6.8%	3.5%
IV Percentile	32.4%	0.4%	92.1%	3.6%	1.6%
Term Structure	6.2%	-5.5%	23.2%	3.1%	10.9%
VWIV	34.3%	20.1%	50.4%	34.6%	25.2%
Skew 25d	62.7%	-1.0%	209.7%	209.7%	4.6%
Skew 10d	83.8%	-8.3%	301.5%	301.5%	-8.3%
Call IV 25d	36.9%	23.0%	70.2%	70.2%	35.9%
Put IV 25d	99.6%	40.4%	279.9%	279.9%	40.4%
Bid-Ask Spread %	96.35	76.78	112.89	89.77	92.85
Gamma HHI	0.89	0.81	0.94	0.84	0.81
Net GEX	8.6K	5.5K	12.5K	6.6K	7.6K
Net DEX	-260.6K	-515.2K	-203.7K	-203.7K	-515.2K
Net VEX	-776	-848	-698	-807	-812
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.28	0.00	1.05	0.17	0.29
Total Volume	35.048	0	134	0	89
Total OI	1,034.381	941	1,105	1,007	1,101

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
2025-08-01	$6.90	$2.50	28.1%	8.1%	24.8%	6.8%	0.0%	209.7%	3.1%	6.6K	-203.7K	-807	0.00	89.77	0	0	826	181
2025-08-04	$6.87	$2.50	37.1%	10.7%	24.7%	15.2%	0.0%	28.5%	-4.5%	7.0K	-206.2K	-729	0.17	93.31	6	1	826	181
2025-08-05	$6.97	$2.50	43.0%	9.6%	25.1%	20.7%	0.0%	32.4%	-0.5%	7.8K	-225.8K	-786	0.11	82.09	9	1	829	182
2025-08-06	$6.92	$2.50	60.2%	11.3%	24.9%	36.6%	0.0%	31.6%	3.2%	6.8K	-225.7K	-794	0.00	103.86	0	0	831	182
2025-08-07	$7.04	$2.50	33.8%	9.0%	25.2%	12.1%	34.6%	35.3%	9.7%	7.7K	-234.6K	-754	0.00	105.65	6	0	831	182
2025-08-08	$6.97	$2.50	33.8%	12.2%	24.6%	12.1%	50.4%	44.8%	4.7%	7.2K	-215.5K	-739	0.67	104.00	3	2	834	182
2025-08-11	$6.92	$2.50	61.8%	8.6%	11.4%	38.0%	0.0%	53.3%	17.6%	7.4K	-209.3K	-698	1.00	97.20	10	10	831	183
2025-08-12	$7.04	$2.50	75.5%	7.6%	13.4%	50.8%	20.1%	53.6%	18.1%	8.4K	-226.3K	-731	0.00	91.34	1	0	841	193
2025-08-13	$6.94	$2.50	37.1%	10.6%	14.0%	15.1%	0.0%	120.0%	1.5%	5.5K	-205.2K	-717	0.00	79.13	0	1	842	193
2025-08-14	$7.35	$2.50	38.6%	11.1%	25.4%	16.5%	38.6%	38.1%	0.6%	12.5K	-283.4K	-764	0.04	89.26	71	3	842	194
2025-08-15	$7.25	$2.50	31.4%	9.0%	25.9%	9.9%	0.0%	46.7%	8.5%	7.1K	-247.6K	-741	0.00	104.48	1	0	908	197
2025-08-18	$7.13	$2.50	43.0%	12.3%	26.3%	20.6%	43.2%	-1.0%	-5.5%	6.7K	-224.1K	-717	0.00	76.78	106	0	749	192
2025-08-19	$7.03	$2.50	36.7%	10.5%	26.7%	14.8%	0.0%	70.2%	23.2%	8.3K	-224.8K	-792	0.00	95.82	4	0	850	192
2025-08-20	$7.00	$2.50	38.1%	10.9%	26.7%	16.1%	0.0%	3.8%	2.6%	8.5K	-220.1K	-775	0.00	92.43	2	0	854	192
2025-08-21	$7.10	$2.50	24.1%	6.9%	27.1%	3.0%	28.3%	151.6%	9.1%	10.4K	-238.5K	-760	0.94	92.54	32	30	855	192
2025-08-22	$7.29	$2.50	34.2%	9.8%	28.6%	12.5%	34.2%	43.0%	-1.7%	10.1K	-284.9K	-848	0.02	104.76	132	2	871	182
2025-08-25	$7.45	$2.50	28.8%	8.3%	29.3%	7.4%	0.0%	128.1%	12.1%	11.6K	-301.7K	-837	1.05	112.89	19	20	855	183
2025-08-26	$7.44	$2.50	26.7%	7.7%	29.2%	5.5%	28.6%	128.8%	7.0%	12.3K	-304.4K	-830	0.00	102.73	1	0	862	190
2025-08-27	$7.55	$2.50	32.5%	9.3%	29.4%	10.9%	0.0%	54.0%	13.5%	10.8K	-336.5K	-843	0.00	107.75	100	0	863	190
2025-08-28	$7.58	$2.50	35.3%	10.1%	29.4%	13.5%	40.2%	39.8%	-2.2%	11.0K	-339.1K	-832	0.68	104.73	44	30	868	190
2025-08-29	$8.28	$2.50	24.6%	7.1%	41.4%	3.5%	25.2%	4.6%	10.9%	7.6K	-515.2K	-812	0.29	92.85	69	20	891	210