KWEB Options History — June 2021

In June 2021, KWEB traded between $66.44 and $73.30. ATM implied volatility averaged 29.7%, placing in the 8.9% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 1.1% (HV 20d: 28.5%). Max pain ranged from $70.00 to $71.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.69.

Notable Days

  • 2021-06-29: Highest Volume — 407,570 contracts
  • 2021-06-24: Largest IV spike — 7.2% change
  • 2021-06-30: Highest IV Rank — 18.9%
  • 2021-06-30: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$69.23$66.44$73.30$73.30$69.81
Max Pain$70.59$70.00$71.00$70.00$70.00
ATM IV29.7%26.9%31.9%30.0%31.9%
Expected Move8.5%7.7%9.1%8.6%9.1%
HV 20d28.5%22.9%36.5%33.8%23.0%
HV 60d32.6%27.9%42.5%42.5%27.9%
IV Rank8.9%0.0%18.9%9.8%18.9%
IV Percentile7.8%0.0%27.0%7.5%27.0%
Term Structure0.6%-0.6%1.4%-0.6%1.1%
VWIV30.2%27.7%32.8%30.7%32.8%
Skew 25d1.4%-0.2%3.1%0.8%0.6%
Skew 10d3.1%0.5%6.2%2.9%0.8%
Call IV 25d29.7%26.7%32.5%30.0%32.5%
Put IV 25d31.2%28.9%33.1%30.8%33.1%
Bid-Ask Spread %12.405.4935.3714.376.82
Gamma HHI0.160.060.540.100.17
Net GEX-2.6M-34.8M26.9M5.6M26.9M
Net DEX31.2M-274.8M161.4M-60.7M-274.8M
Net VEX-2.4M-4.7M-2.0M-2.3M-4.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.061.960.240.71
Total Volume30,280.0453,273407,57010,71417,613
Total OI233,841.455187,652478,232200,920478,232

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-06-01$73.30$70.0030.0%8.6%33.8%9.8%30.7%0.8%-0.6%5.6M-60.7M-2.3M0.2414.378,6702,044123,62277,298
2021-06-02$72.17$70.0030.4%8.7%33.6%11.3%30.9%0.9%-0.5%3.5M-28.7M-2.2M1.465.494,9297,184127,37177,702
2021-06-03$69.84$71.0031.2%8.7%35.5%14.3%31.1%1.8%0.3%-1.4M54.1M-2.1M0.139.744,959667129,89479,934
2021-06-04$70.40$71.0029.7%8.6%35.7%8.5%30.5%1.3%0.2%-290.8K35.7M-2.2M0.918.901,7101,563131,66079,866
2021-06-07$68.84$71.0031.1%8.8%36.5%13.8%30.9%1.6%0.4%-4.7M92.1M-2.0M1.637.984,2346,918131,50380,916
2021-06-08$68.80$71.0031.0%8.8%31.6%13.5%32.6%1.2%0.0%-5.6M96.0M-2.1M1.9614.452,8895,654133,46883,422
2021-06-09$68.90$71.0030.4%8.7%31.1%11.1%31.0%1.1%0.5%-7.0M101.8M-2.1M0.0814.2513,6951,143132,69288,678
2021-06-10$69.38$71.0029.3%8.4%30.9%6.8%29.5%1.1%0.8%-5.7M63.3M-2.3M0.489.462,5181,207143,66689,399
2021-06-11$68.98$71.0028.4%8.1%28.1%3.5%29.4%1.2%1.0%-7.6M81.4M-2.2M1.9613.453,1516,165143,94888,813
2021-06-14$69.40$71.0029.3%8.4%26.1%6.8%29.6%1.3%0.3%-7.0M65.1M-2.2M0.238.203,776860146,04491,195
2021-06-15$68.16$71.0029.3%8.4%26.7%7.0%29.6%1.6%0.6%-12.0M111.8M-2.2M0.1614.933,391547148,36691,364
2021-06-16$67.24$71.0029.5%8.5%25.9%7.8%30.0%2.2%0.8%-13.4M161.4M-2.0M0.7823.992,5631,995150,22191,559
2021-06-17$67.83$71.0028.2%8.1%26.2%2.6%28.3%2.7%1.0%-17.8M126.6M-2.1M0.177.076,7681,171151,94592,582
2021-06-18$67.74$71.0028.7%8.2%25.0%4.8%29.5%3.1%0.7%-34.8M158.8M-2.2M0.8135.372,9352,367155,75095,952
2021-06-21$66.87$71.0028.6%8.2%24.5%4.2%28.6%2.4%0.5%-3.4M105.3M-2.1M0.2915.472,768805112,29775,355
2021-06-22$66.44$70.0028.1%8.1%24.5%2.5%28.7%2.9%0.8%-3.6M111.1M-2.1M1.566.397,49011,721113,74575,619
2021-06-23$67.71$70.0026.9%7.7%25.1%0.0%27.7%2.1%1.4%-2.3M74.4M-2.2M0.679.3215,90010,596118,58376,827
2021-06-24$69.31$70.0028.8%8.3%26.7%7.2%29.2%1.1%0.9%1.5M-3.0M-2.4M0.2614.7129,2177,676126,47376,971
2021-06-25$70.42$70.0029.7%8.5%27.3%10.7%31.2%0.1%0.9%6.8M-96.3M-2.8M0.0613.2032,8242,058145,52780,044
2021-06-28$70.52$70.0030.6%8.8%27.3%14.1%31.8%-0.2%0.5%12.1M-138.5M-2.9M0.438.999,9494,301169,78181,534
2021-06-29$70.99$70.0031.3%9.0%22.9%16.5%31.9%0.6%1.0%12.2M-149.8M-3.0M0.1610.18349,98657,584170,38884,306
2021-06-30$69.81$70.0031.9%9.1%23.0%18.9%32.8%0.6%1.1%26.9M-274.8M-4.7M0.716.8210,3027,311349,654128,578