KNOP Options History — February 2026

In February 2026, KNOP traded between $10.26 and $10.72. ATM implied volatility averaged 51.9%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded above realized volatility by 22.9% (HV 20d: 29.0%). Max pain ranged from $5.00 to $10.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 1.71.

Notable Days

2026-02-23: Highest Volume — 513 contracts
2026-02-19: Largest IV spike — 79.0% change
2026-02-19: Highest IV Rank — 60.4%
2026-02-19: Largest Expected Move — 25.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.45	$10.26	$10.72	$10.72	$10.69
Max Pain	$5.79	$5.00	$10.00	$10.00	$5.00
ATM IV	51.9%	35.0%	87.9%	46.3%	35.0%
Expected Move	14.3%	9.7%	25.2%	13.3%	10.0%
HV 20d	29.0%	15.3%	35.0%	34.6%	17.2%
HV 60d	28.5%	27.5%	29.3%	28.9%	28.0%
IV Rank	30.8%	16.9%	60.4%	26.2%	16.9%
IV Percentile	76.8%	40.9%	97.2%	73.8%	40.9%
Term Structure	-20.0%	-39.2%	1.9%	-7.8%	1.9%
VWIV	78.1%	40.9%	163.2%	47.1%	163.2%
Skew 25d	20.8%	-12.9%	90.5%	16.5%	24.5%
Skew 10d	39.0%	16.1%	99.0%	22.8%	99.0%
Call IV 25d	40.9%	25.0%	61.0%	30.7%	25.0%
Put IV 25d	61.7%	33.6%	143.7%	47.2%	49.5%
Bid-Ask Spread %	122.38	101.03	138.95	104.38	119.54
Gamma HHI	0.54	0.44	0.70	0.64	0.49
Net GEX	7.6K	-3.9K	13.1K	12.0K	134
Net DEX	-1.7M	-1.9M	-1.6M	-1.9M	-1.6M
Net VEX	-1.7K	-2.5K	-1.2K	-1.6K	-2.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.71	0.00	20.38	0.60	0.00
Total Volume	34.947	0	513	16	9
Total OI	2,823.421	2,672	3,188	2,704	3,188

Daily Data (19 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
2026-02-02	$10.72	$10.00	46.3%	13.3%	34.6%	26.2%	0.0%	16.5%	-7.8%	12.0K	-1.9M	-1.6K	0.60	104.38	10	6	2,372	332
2026-02-03	$10.63	$10.00	48.6%	13.9%	34.6%	28.1%	0.0%	10.4%	-10.1%	12.3K	-1.8M	-1.8K	0.00	101.53	1	0	2,382	332
2026-02-04	$10.48	$10.00	51.4%	14.7%	35.0%	30.4%	0.0%	5.2%	-13.7%	10.6K	-1.8M	-1.6K	0.00	101.03	0	0	2,383	332
2026-02-05	$10.49	$5.00	53.0%	17.7%	34.5%	31.7%	0.0%	27.6%	-15.7%	8.9K	-1.8M	-1.5K	0.00	128.62	10	0	2,383	332
2026-02-06	$10.41	$5.00	44.2%	9.7%	33.3%	24.5%	0.0%	-11.4%	-18.3%	11.7K	-1.7M	-1.7K	0.00	126.78	0	0	2,393	332
2026-02-09	$10.30	$5.00	63.5%	9.9%	33.5%	40.3%	0.0%	-12.9%	-23.3%	10.2K	-1.7M	-1.6K	0.00	134.49	5	0	2,393	332
2026-02-10	$10.32	$5.00	49.4%	12.8%	33.4%	28.7%	0.0%	11.7%	-34.2%	7.2K	-1.7M	-1.2K	0.00	130.95	0	0	2,392	332
2026-02-11	$10.33	$5.00	66.2%	19.0%	30.0%	42.6%	47.1%	52.3%	-25.9%	9.2K	-1.7M	-1.5K	0.05	138.95	37	2	2,402	332
2026-02-12	$10.26	$5.00	46.3%	13.3%	29.5%	26.2%	0.0%	2.7%	-28.2%	9.5K	-1.7M	-1.4K	0.00	138.66	0	0	2,416	333
2026-02-13	$10.38	$5.00	42.3%	12.1%	29.3%	22.9%	0.0%	13.3%	-17.6%	9.9K	-1.7M	-1.4K	0.00	124.89	0	0	2,416	333
2026-02-17	$10.55	$5.00	48.4%	13.9%	29.7%	27.9%	0.0%	15.1%	-23.8%	11.3K	-1.8M	-1.4K	0.00	126.38	2	0	2,416	333
2026-02-18	$10.57	$5.00	49.1%	14.1%	29.7%	28.5%	0.0%	15.6%	-22.3%	11.7K	-1.8M	-1.5K	0.00	128.27	2	0	2,417	333
2026-02-19	$10.42	$5.00	87.9%	25.2%	28.9%	60.4%	0.0%	90.5%	-30.6%	13.1K	-1.8M	-1.5K	0.00	125.81	0	0	2,417	333
2026-02-20	$10.37	$5.00	50.8%	14.6%	28.0%	29.9%	61.2%	-0.1%	-25.9%	9.2K	-1.8M	-1.4K	1.17	121.06	18	21	2,417	333
2026-02-23	$10.29	$5.00	63.8%	18.3%	27.8%	40.6%	0.0%	48.6%	-39.2%	4.4K	-1.7M	-1.2K	20.38	119.88	24	489	2,340	332
2026-02-24	$10.50	$5.00	55.4%	15.9%	27.6%	33.7%	0.0%	30.5%	-34.0%	-3.9K	-1.6M	-2.4K	0.00	119.23	2	0	2,363	808
2026-02-25	$10.44	$5.00	41.9%	12.0%	19.0%	22.6%	40.9%	23.1%	-7.0%	-3.0K	-1.6M	-2.4K	0.00	125.30	25	0	2,365	808
2026-02-26	$10.46	$5.00	42.7%	12.2%	15.3%	23.2%	163.2%	31.4%	-3.7%	-195	-1.6M	-2.5K	0.00	109.51	1	0	2,380	808
2026-02-27	$10.69	$5.00	35.0%	10.0%	17.2%	16.9%	0.0%	24.5%	1.9%	134	-1.6M	-2.4K	0.00	119.54	9	0	2,380	808