KNOP Options History — December 2025

In December 2025, KNOP traded between $9.96 and $10.79. ATM implied volatility averaged 21.6%, placing in the 4.9% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded below realized volatility by 8.4% (HV 20d: 30.0%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 3.72.

Notable Days

  • 2025-12-11: Highest Volume — 502 contracts
  • 2025-12-22: Largest IV spike — 96.9% change
  • 2025-12-22: Highest IV Rank — 15.4%
  • 2025-12-22: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.45$9.96$10.79$9.96$10.32
Max Pain$7.84$7.50$10.00$10.00$7.50
ATM IV21.6%14.4%34.3%19.7%26.0%
Expected Move5.9%4.1%9.5%5.6%7.5%
HV 20d30.0%21.1%37.2%37.2%30.9%
HV 60d37.4%35.9%40.8%40.8%35.9%
IV Rank4.9%0.0%15.4%2.5%9.5%
IV Percentile7.1%0.0%32.1%0.8%13.9%
Term Structure18.8%-4.1%67.6%3.8%35.9%
VWIV28.8%16.4%101.1%19.7%20.4%
Skew 25d-7.3%-36.3%15.8%-7.5%-13.3%
Skew 10d33.8%-22.7%162.8%-13.2%2.1%
Call IV 25d42.8%20.0%119.4%104.1%36.8%
Put IV 25d35.6%18.4%96.5%96.5%23.6%
Bid-Ask Spread %85.8253.74103.1595.4754.49
Gamma HHI0.610.450.830.710.67
Net GEX26.5K13.8K51.4K29.2K28.9K
Net DEX-2.3M-2.9M-1.9M-1.9M-2.2M
Net VEX-1.7K-2.0K-1.5K-1.6K-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.720.0063.000.950.09
Total Volume67.515022185
Total OI3,742.5913,2824,1903,2823,588

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-12-01$9.96$10.0019.7%5.6%37.2%2.5%19.7%-7.5%3.8%29.2K-1.9M-1.6K0.9595.471121062,654628
2025-12-02$10.01$10.0018.8%5.4%21.2%1.8%18.8%-17.6%4.2%31.2K-1.9M-1.9K0.0074.972402,754734
2025-12-03$10.07$10.0017.3%5.0%21.1%0.6%16.4%-36.3%0.1%34.5K-2.0M-1.9K0.4198.151772,764734
2025-12-04$10.06$7.5020.9%5.7%21.1%3.6%23.4%-2.7%-1.0%32.0K-2.0M-1.9K0.8591.7991772,767739
2025-12-05$10.71$7.5024.6%5.9%30.2%6.7%18.6%10.1%2.9%19.3K-2.3M-2.0K0.1999.32212402,840813
2025-12-08$10.57$7.5034.3%4.9%30.6%14.8%18.1%3.8%-3.9%18.4K-2.3M-1.5K7.57103.157532,859844
2025-12-09$10.79$7.5029.5%7.3%31.1%10.8%22.3%11.1%-2.9%13.8K-2.5M-1.6K0.1296.283442,856898
2025-12-10$10.64$7.5019.2%5.5%31.8%2.2%0.0%7.4%-0.6%15.2K-2.4M-1.6K0.0097.43202,866898
2025-12-11$10.70$7.5018.9%5.4%31.6%1.9%19.2%12.0%-4.1%14.3K-2.4M-1.5K0.00101.6750202,866898
2025-12-12$10.73$7.5017.6%5.0%31.2%0.8%16.7%13.0%-3.3%27.2K-2.8M-1.8K63.0093.151633,282898
2025-12-15$10.79$7.5017.6%5.0%31.1%0.8%0.0%15.8%6.1%19.4K-2.9M-1.6K0.0086.16013,281899
2025-12-16$10.48$7.5016.7%4.8%33.4%0.1%101.1%1.0%2.1%35.4K-2.6M-1.8K0.0088.26703,281900
2025-12-17$10.45$7.5017.3%5.0%33.4%0.6%17.3%7.0%1.6%38.3K-2.6M-1.8K1.0099.37223,280896
2025-12-18$10.26$7.5014.4%4.1%31.0%0.0%0.0%-1.7%67.6%51.4K-2.4M-1.8K0.0098.81603,279896
2025-12-19$10.55$7.5016.8%4.8%30.2%2.0%42.6%-20.7%48.1%17.9K-2.7M-1.9K0.2577.611643,294896
2025-12-22$10.42$7.5033.2%9.5%30.7%15.4%33.7%-11.4%46.1%23.8K-2.2M-1.8K0.0086.991902,887638
2025-12-23$10.50$7.5020.1%5.8%30.6%4.7%20.7%-19.6%55.6%26.6K-2.3M-1.5K0.0084.811502,904638
2025-12-24$10.52$7.5020.4%5.9%30.3%4.9%20.6%-19.6%12.3%19.3K-2.2M-1.9K0.0085.10502,899638
2025-12-26$10.53$7.5027.0%7.7%30.2%10.3%55.4%-30.9%41.0%24.3K-2.3M-1.7K0.0062.95902,904638
2025-12-29$10.38$7.5025.4%7.3%30.8%9.0%33.7%-32.3%51.4%27.9K-2.2M-1.7K0.0058.26702,913638
2025-12-30$10.38$7.5020.2%5.8%30.8%4.7%20.4%-27.4%49.8%33.9K-2.3M-1.6K0.0953.743232,920638
2025-12-31$10.32$7.5026.0%7.5%30.9%9.5%0.0%-13.3%35.9%28.9K-2.2M-1.6K0.0054.49052,949639