KWEB Options History — October 2019

In October 2019, KWEB traded between $41.14 and $45.86. ATM implied volatility averaged 27.1%, placing in the 34.3% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 2.3% (HV 20d: 24.8%). Max pain ranged from $42.00 to $45.00. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 1.12.

Notable Days

  • 2019-10-11: Highest Volume — 11,955 contracts
  • 2019-10-09: Largest IV drop — 12.4% change
  • 2019-10-08: Highest IV Rank — 52.0%
  • 2019-10-01: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.26$41.14$45.86$41.14$44.84
Max Pain$42.26$42.00$45.00$45.00$42.00
ATM IV27.1%23.7%34.3%31.7%24.6%
Expected Move7.7%6.8%9.1%9.1%7.1%
HV 20d24.8%21.3%27.5%24.8%23.3%
HV 60d26.4%24.6%27.4%25.9%24.7%
IV Rank34.3%25.7%52.0%45.7%28.2%
IV Percentile22.3%5.6%65.1%45.2%10.3%
Term Structure0.7%-1.5%3.1%-1.5%-0.0%
VWIV27.0%23.4%32.2%29.5%25.5%
Skew 25d3.7%2.2%5.9%5.1%2.5%
Skew 10d8.3%4.3%11.7%8.9%4.3%
Call IV 25d25.4%22.4%29.6%29.6%24.0%
Put IV 25d29.1%25.5%34.7%34.7%26.6%
Bid-Ask Spread %16.6510.6925.2815.9619.48
Gamma HHI0.160.110.220.120.15
Net GEX3.3M-394.0K7.0M-119.5K4.4M
Net DEX-32.8M-87.6M21.5M21.0M-64.6M
Net VEX-477.7K-514.6K-436.6K-478.9K-440.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.120.016.401.575.51
Total Volume3,877.82634811,9551,7342,017
Total OI87,770.65281,416100,85581,41685,477

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-10-01$41.14$45.0031.7%9.1%24.8%45.7%29.5%5.1%-1.5%-119.5K21.0M-478.9K1.5715.966761,05841,76139,655
2019-10-02$41.24$45.0031.5%9.0%24.6%45.1%31.9%4.0%-0.5%26.6K17.9M-486.8K0.9915.621,9431,92542,34639,608
2019-10-03$42.01$42.0029.8%8.4%24.0%40.9%32.2%5.3%0.2%731.9K755.5K-502.1K0.6516.7026617343,96139,131
2019-10-04$42.28$42.0029.8%8.4%24.1%40.8%26.6%5.2%-0.4%902.6K-3.7M-497.1K2.3921.727771,85444,02139,217
2019-10-07$41.87$42.0032.2%8.5%24.1%46.9%30.3%5.3%0.4%568.4K6.2M-491.8K6.4015.367684,91544,04640,476
2019-10-08$41.17$42.0034.3%9.0%24.6%52.0%32.2%5.9%-1.1%-394.0K21.5M-484.2K0.1524.356,35796143,71042,251
2019-10-09$41.62$42.0030.0%8.6%23.5%41.5%29.4%5.6%0.2%1.7M3.8M-503.7K0.1418.802,40333249,18142,946
2019-10-10$42.22$42.0030.9%8.9%24.2%43.7%30.4%5.4%-1.1%2.1M-11.8M-508.6K0.0416.6910,81548049,51043,196
2019-10-11$43.14$42.0028.0%8.0%25.6%36.6%27.9%4.0%0.6%5.8M-51.0M-514.6K0.1125.2810,7631,19256,45843,295
2019-10-14$42.84$42.0027.0%7.8%25.2%34.1%27.6%3.4%1.6%6.7M-44.2M-491.0K0.0316.051,4584557,81743,038
2019-10-15$43.82$42.0024.9%7.1%26.6%28.8%28.7%2.8%3.1%6.6M-57.8M-471.4K1.6615.051,3132,18651,92743,188
2019-10-16$43.99$42.0024.8%7.1%26.6%28.5%23.9%3.3%2.3%7.0M-62.6M-464.9K0.1113.725,07253451,21344,202
2019-10-17$43.99$42.0024.7%7.1%26.6%28.3%24.2%3.0%1.8%6.3M-62.5M-472.6K0.1610.695989651,93244,703
2019-10-18$43.26$42.0024.4%7.0%27.1%27.7%24.7%2.4%2.2%3.9M-42.3M-470.1K1.7713.322,5204,47351,94044,876
2019-10-21$44.03$42.0024.5%7.0%27.5%27.7%24.5%3.5%2.0%3.6M-42.6M-470.8K1.2014.069671,16145,50336,269
2019-10-22$43.27$42.0024.6%7.1%26.0%28.2%24.4%2.6%1.8%3.2M-24.5M-483.8K0.0811.971,22410245,07837,049
2019-10-23$43.19$42.0023.9%6.9%25.4%26.4%26.1%3.4%1.7%3.4M-22.9M-483.8K2.1415.1740687045,62637,149
2019-10-24$44.12$42.0023.7%6.8%26.3%25.7%24.1%3.3%1.5%3.8M-44.6M-476.8K0.3814.4087533445,81037,048
2019-10-25$44.83$42.0023.8%6.8%21.3%26.0%23.9%3.0%1.2%3.7M-61.7M-463.8K0.2412.862,08550945,24837,055
2019-10-28$45.86$42.0024.8%7.1%22.2%28.5%25.1%2.2%-0.5%3.5M-87.6M-436.6K0.0214.418,64720245,65037,061
2019-10-29$45.07$42.0025.1%7.2%23.4%29.2%24.8%2.4%0.4%4.0M-67.5M-448.5K0.0120.563,4682246,67037,042
2019-10-30$45.22$42.0024.4%7.0%23.4%27.5%23.4%2.4%0.7%4.3M-73.2M-444.2K0.0720.753262248,34537,040
2019-10-31$44.84$42.0024.6%7.1%23.3%28.2%25.5%2.5%-0.0%4.4M-64.6M-440.8K5.5119.483101,70748,43137,046