KWEB Options History — October 2020

In October 2020, KWEB traded between $67.92 and $73.45. ATM implied volatility averaged 34.6%, placing in the 21.2% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 14.2% (HV 20d: 20.4%). Max pain ranged from $65.00 to $70.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 1.61.

Notable Days

  • 2020-10-26: Highest Volume — 23,791 contracts
  • 2020-10-26: Largest IV spike — 17.2% change
  • 2020-10-30: Highest IV Rank — 41.2%
  • 2020-10-30: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$71.26$67.92$73.45$68.84$71.74
Max Pain$66.73$65.00$70.00$70.00$70.00
ATM IV34.6%27.5%47.5%33.7%47.5%
Expected Move10.2%9.1%13.6%9.7%13.6%
HV 20d20.4%17.5%28.1%28.1%22.9%
HV 60d27.2%26.3%28.6%28.6%26.7%
IV Rank21.2%10.0%41.2%19.7%41.2%
IV Percentile51.9%29.8%92.9%47.6%92.9%
Term Structure-0.0%-5.4%3.4%3.3%-5.4%
VWIV36.4%31.6%49.1%34.4%49.1%
Skew 25d3.8%1.7%8.0%3.8%8.0%
Skew 10d7.4%3.1%15.4%7.8%15.4%
Call IV 25d34.2%30.9%44.5%32.5%44.5%
Put IV 25d37.9%33.4%52.5%36.3%52.5%
Bid-Ask Spread %15.297.8026.0616.1519.45
Gamma HHI0.090.060.150.060.06
Net GEX4.7M25.0K8.7M858.3K3.3M
Net DEX-135.0M-196.6M-50.6M-65.0M-141.4M
Net VEX-944.2K-1.2M-731.1K-750.9K-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.610.0414.720.331.84
Total Volume4,793.63658823,7915883,743
Total OI118,792.36499,186150,38499,186150,384

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-10-01$68.84$70.0033.7%9.7%28.1%19.7%34.4%3.8%3.3%858.3K-65.0M-750.9K0.3316.1544214642,18657,000
2020-10-02$67.92$70.0033.4%9.6%24.5%19.2%34.7%3.2%3.4%282.7K-50.6M-736.3K14.7217.052323,41442,33157,078
2020-10-05$68.26$65.0033.5%10.5%24.6%19.4%39.0%4.8%-1.0%25.0K-52.7M-738.0K1.4417.8144363742,36260,666
2020-10-06$69.62$65.0033.5%10.3%19.5%19.4%37.3%4.0%-0.4%975.1K-76.2M-737.2K0.3321.022,55084642,56161,457
2020-10-07$70.49$65.0031.3%10.0%19.6%16.0%34.7%4.1%0.0%1.8M-92.4M-731.1K0.2017.324,14184543,31661,390
2020-10-08$70.56$65.0029.2%9.6%17.5%12.7%34.1%3.7%1.0%2.5M-100.4M-769.4K1.3214.902,9433,88547,04261,875
2020-10-09$72.02$65.0027.5%9.1%18.4%10.0%31.6%2.8%1.5%4.5M-129.5M-901.0K0.1716.372,17737049,61263,511
2020-10-12$73.45$65.0031.8%9.2%17.5%16.8%32.8%1.7%1.2%5.9M-162.0M-872.6K0.5713.625,7983,31750,53963,559
2020-10-13$73.27$65.0031.8%9.2%17.6%16.8%33.4%2.0%1.3%6.5M-160.2M-890.9K1.0614.874,0054,23552,24862,120
2020-10-14$72.30$65.0032.2%9.2%18.5%17.3%33.1%2.2%1.4%7.3M-149.0M-878.1K0.1117.718309253,75459,167
2020-10-15$71.51$65.0032.4%9.3%18.7%17.6%32.2%2.4%1.2%6.2M-132.7M-870.0K1.2219.0136144054,01559,222
2020-10-16$72.23$65.0032.4%9.3%18.8%17.7%32.2%2.1%1.6%6.0M-147.9M-857.6K0.3915.541,78869053,91559,424
2020-10-19$71.21$65.0032.2%9.2%19.4%17.4%32.8%2.1%1.1%7.7M-167.3M-979.5K0.2314.452,09749061,48451,894
2020-10-20$72.38$65.0032.5%9.3%20.0%17.9%33.6%2.5%1.1%8.7M-196.6M-1.0M1.2210.822,2332,72163,92552,521
2020-10-21$71.62$67.0033.1%9.5%20.3%18.8%33.0%2.6%0.6%8.0M-178.4M-1.0M0.047.804,97619064,78354,976
2020-10-22$71.12$67.0033.4%9.6%19.9%19.2%35.4%2.9%0.4%7.8M-169.1M-1.0M1.348.182,2022,94065,63355,061
2020-10-23$70.92$67.0033.0%9.5%19.9%18.6%34.4%3.0%0.8%7.5M-161.1M-1.0M0.2610.472,11655366,26157,922
2020-10-26$70.70$67.0038.7%11.1%19.9%27.5%40.4%3.7%-2.7%7.0M-157.6M-1.1M7.5212.872,79320,99867,63358,252
2020-10-27$72.51$70.0040.0%11.5%21.2%29.5%41.0%6.1%-2.9%3.8M-161.9M-1.2M0.529.763,3061,72368,41077,240
2020-10-28$71.70$70.0045.6%13.1%21.1%38.2%46.8%8.0%-4.6%3.1M-138.5M-1.2M0.6126.062,4391,48270,15378,401
2020-10-29$73.28$70.0043.7%12.5%22.0%35.3%45.1%7.6%-3.2%3.9M-179.4M-1.2M0.1015.053,49833369,42978,720
2020-10-30$71.74$70.0047.5%13.6%22.9%41.2%49.1%8.0%-5.4%3.3M-141.4M-1.2M1.8419.451,3192,42471,60378,781