KWEB Options History — October 2021

In October 2021, KWEB traded between $44.81 and $53.49. ATM implied volatility averaged 44.2%, placing in the 43.4% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 0.7% (HV 20d: 43.5%). Max pain ranged from $46.00 to $50.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.47.

Notable Days

  • 2021-10-08: Highest Volume — 164,529 contracts
  • 2021-10-26: Largest IV spike — 6.1% change
  • 2021-10-04: Highest IV Rank — 58.1%
  • 2021-10-06: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.83$44.81$53.49$46.27$47.72
Max Pain$47.62$46.00$50.00$48.00$48.00
ATM IV44.2%39.5%50.0%47.5%42.3%
Expected Move12.7%11.4%14.1%13.8%12.5%
HV 20d43.5%38.4%47.3%40.8%44.2%
HV 60d54.0%47.4%59.0%57.2%47.9%
IV Rank43.4%31.6%58.1%51.7%38.7%
IV Percentile70.9%49.2%93.7%86.9%64.3%
Term Structure-0.0%-0.9%1.0%-0.1%0.3%
VWIV44.8%39.8%50.1%48.4%43.2%
Skew 25d3.9%3.1%6.0%5.5%3.1%
Skew 10d8.2%5.6%12.9%12.3%6.4%
Call IV 25d43.0%38.4%48.6%46.2%41.1%
Put IV 25d46.9%41.5%54.1%51.7%44.2%
Bid-Ask Spread %31.535.3556.5010.6513.01
Gamma HHI0.100.070.350.130.07
Net GEX34.7M-3.3M84.7M-3.3M18.1M
Net DEX-479.5M-1.01B212.7M98.9M-115.1M
Net VEX-6.4M-7.7M-4.7M-5.1M-6.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.071.680.720.82
Total Volume77,334.38126,722164,52938,78983,923
Total OI996,294.667844,9381,195,168853,6971,195,168

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-10-01$46.27$48.0047.5%13.8%40.8%51.7%48.4%5.5%-0.1%-3.3M98.9M-5.1M0.7210.6522,50916,280560,914292,783
2021-10-04$44.81$50.0050.0%13.9%41.8%58.1%48.7%6.0%-0.9%1.6M212.7M-4.7M0.4918.2917,9248,798563,184281,754
2021-10-05$46.08$50.0048.8%13.9%39.8%55.1%49.2%5.4%-0.2%4.3M100.3M-5.0M0.3856.5036,38813,738568,488288,461
2021-10-06$45.91$50.0050.0%14.1%38.4%57.9%50.1%5.3%-0.3%4.7M101.8M-5.1M0.586.0917,61210,284574,332289,352
2021-10-07$49.09$47.0048.6%13.7%46.6%54.6%48.4%3.9%-0.2%24.3M-336.2M-5.8M0.3853.3060,54222,796600,255296,089
2021-10-08$50.12$46.0047.4%13.5%47.1%51.6%47.2%4.0%0.4%31.9M-509.1M-6.1M0.0710.86154,03610,493608,102291,081
2021-10-11$50.01$47.0047.4%13.5%46.6%51.4%46.7%4.3%-0.2%33.9M-489.0M-5.9M0.218.8393,67519,630607,600280,341
2021-10-12$49.25$47.0046.4%13.2%45.7%49.0%46.6%4.1%-0.2%45.5M-474.6M-6.2M0.2753.4539,11910,705709,191283,490
2021-10-13$50.98$47.0044.6%12.9%46.9%44.6%44.4%3.9%0.3%58.5M-812.4M-6.7M0.1731.0448,0148,365743,275293,437
2021-10-14$50.16$47.0044.5%12.7%47.3%44.2%45.4%3.1%-0.3%62.4M-670.6M-6.6M0.7348.4218,97813,908770,461300,948
2021-10-15$50.44$47.0043.2%12.5%47.3%40.9%44.2%3.5%1.0%84.7M-710.7M-6.6M0.2136.7672,90215,615783,469304,805
2021-10-18$50.84$47.0042.3%12.2%41.9%38.8%42.9%3.3%-0.6%32.7M-556.5M-6.6M0.2244.4830,7766,913682,084237,813
2021-10-19$52.88$47.0041.1%11.8%43.4%35.8%42.0%3.4%-0.4%43.3M-864.1M-7.0M0.2044.3470,53014,002697,926244,620
2021-10-20$53.49$47.0040.9%11.7%42.4%35.2%41.4%3.3%-0.5%52.4M-1.01B-7.4M0.1921.1389,38317,032741,574253,879
2021-10-21$53.35$47.0040.7%11.7%42.4%34.7%42.6%3.1%-0.2%50.9M-995.9M-7.5M0.4346.0074,20432,249767,221256,285
2021-10-22$52.68$47.0039.9%11.4%40.5%32.6%39.8%3.3%-0.2%49.0M-915.7M-7.7M0.315.3554,59116,753806,938277,582
2021-10-25$52.81$47.5039.5%11.4%39.9%31.6%40.9%3.1%0.4%52.9M-905.3M-7.7M0.2448.2248,17111,747812,913269,343
2021-10-26$50.09$47.5041.9%12.4%43.8%37.7%45.5%4.5%0.3%32.4M-482.8M-6.8M1.1844.2961,37872,638815,163271,381
2021-10-27$49.79$48.0039.8%11.7%43.4%32.4%42.5%3.2%0.4%23.4M-365.6M-6.8M1.6846.8047,67880,127815,305326,478
2021-10-28$49.64$48.0041.1%12.1%42.6%35.7%41.9%3.4%0.3%25.4M-369.3M-7.0M0.4114.3356,47423,142826,859331,844
2021-10-29$47.72$48.0042.3%12.5%44.2%38.7%43.2%3.1%0.3%18.1M-115.1M-6.6M0.8213.0146,22437,699859,630335,538