KWEB Options History — June 2018

In June 2018, KWEB traded between $58.24 and $66.32. ATM implied volatility averaged 21.9%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 0.5% (HV 20d: 21.3%). Max pain ranged from $57.00 to $64.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.70.

Notable Days

  • 2018-06-15: Highest Volume — 3,569 contracts
  • 2018-06-11: Largest IV spike — 26.8% change
  • 2018-06-27: Highest IV Rank — 42.8%
  • 2018-06-27: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.55$58.24$66.32$63.27$59.42
Max Pain$62.48$57.00$64.00$57.00$63.00
ATM IV21.9%18.2%27.2%21.9%25.1%
Expected Move6.1%5.2%7.8%6.3%7.2%
HV 20d21.3%14.4%29.8%21.7%28.2%
HV 60d25.7%22.3%28.0%27.8%24.8%
IV Rank19.6%3.8%42.8%19.7%33.6%
IV Percentile25.8%1.6%75.0%19.0%60.7%
Term Structure0.3%-2.0%1.7%-2.0%-0.2%
VWIV22.0%18.8%28.9%22.6%25.2%
Skew 25d3.2%1.8%5.2%3.7%4.2%
Skew 10d5.9%3.4%13.0%4.1%8.2%
Call IV 25d20.5%18.5%25.6%19.4%23.3%
Put IV 25d23.7%20.5%30.5%23.2%27.5%
Bid-Ask Spread %31.3316.9084.9520.7637.43
Gamma HHI0.270.190.650.190.27
Net GEX2.8M1.3M9.8M2.7M1.5M
Net DEX-67.6M-109.1M-17.3M-79.7M-21.9M
Net VEX-115.9K-135.9K-104.1K-135.9K-114.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.141.590.361.07
Total Volume1,706.811,2183,5692,2411,586
Total OI20,15716,05624,78921,74417,584

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-06-01$63.27$57.0021.9%6.3%21.7%19.7%22.6%3.7%-2.0%2.7M-79.7M-135.9K0.3620.761,65358818,1763,568
2018-06-04$64.34$60.0022.3%6.0%22.0%21.5%21.0%2.7%0.9%2.6M-88.5M-129.8K0.2547.852,04450818,7953,540
2018-06-05$64.79$61.0020.0%5.6%21.3%11.7%20.9%2.9%1.4%3.0M-94.2M-125.0K0.6634.5383455419,8743,553
2018-06-06$64.86$61.0019.3%5.6%21.1%8.4%21.0%2.2%0.6%3.2M-94.6M-123.3K0.7122.1673452119,9043,548
2018-06-07$64.50$62.0020.7%5.7%20.8%14.8%20.6%2.3%0.7%3.1M-91.4M-123.1K0.8420.0173461619,8683,606
2018-06-08$65.17$62.0018.6%5.6%19.8%5.5%20.6%2.3%1.0%3.2M-96.0M-120.4K0.7118.5778455519,8723,616
2018-06-11$65.38$62.0023.6%5.6%19.5%27.1%19.9%2.3%1.2%3.4M-96.8M-111.8K0.6124.8684951919,7233,618
2018-06-12$65.84$62.0022.3%5.4%19.4%21.7%19.2%1.8%1.2%3.4M-101.0M-107.3K0.6438.6085454319,7903,625
2018-06-13$65.25$63.0018.2%5.2%16.1%3.8%18.8%5.2%-0.1%2.9M-96.7M-113.5K0.5484.9590648619,8243,625
2018-06-14$66.32$63.0019.4%5.6%16.0%9.0%19.6%2.1%0.9%4.2M-105.1M-104.6K0.2434.581,90545619,9853,657
2018-06-15$66.00$63.0018.9%5.4%15.9%7.0%19.6%2.0%1.6%9.8M-109.1M-113.2K0.1427.453,12844121,1403,649
2018-06-18$65.99$63.0019.7%5.6%14.4%10.3%20.0%2.1%0.9%1.9M-59.2M-104.1K0.4332.7699343212,9293,127
2018-06-19$64.15$64.0021.5%6.2%18.3%18.0%22.6%3.0%0.4%2.0M-50.2M-116.4K0.5221.1485344713,1193,194
2018-06-20$64.77$64.0021.5%6.2%18.4%17.9%22.7%3.5%-0.7%2.0M-53.5M-110.3K0.9633.7967264513,0563,256
2018-06-21$63.24$64.0022.6%6.5%20.9%22.6%23.5%2.7%0.4%1.9M-44.3M-119.4K1.2033.6462775013,0643,534
2018-06-22$63.27$64.0020.8%6.0%20.9%15.1%21.2%3.1%1.7%2.0M-44.3M-116.4K0.8716.9087976513,0593,584
2018-06-25$60.46$64.0025.1%7.2%26.9%33.6%24.0%3.9%-0.6%1.7M-28.1M-114.8K0.4624.4394643112,8743,604
2018-06-26$60.59$64.0024.0%6.9%26.9%28.8%22.4%4.5%-0.7%1.8M-28.6M-112.3K0.7340.2170251612,8323,633
2018-06-27$58.24$63.0027.2%7.8%29.7%42.8%28.9%4.9%-1.1%1.4M-17.3M-106.1K1.5924.881,0141,61712,9343,750
2018-06-28$58.78$63.0026.4%7.6%29.8%39.1%28.2%5.1%-0.8%1.3M-18.6M-112.8K1.0818.3884491212,9564,652
2018-06-29$59.42$63.0025.1%7.2%28.2%33.6%25.2%4.2%-0.2%1.5M-21.9M-114.0K1.0737.4376781912,9264,658