KWEB Options History — October 2022

In October 2022, KWEB traded between $18.43 and $26.42. ATM implied volatility averaged 61.4%, placing in the 36.5% IV rank vs the trailing year. The 30-day expected move averaged 17.8%. IV traded above realized volatility by 5.7% (HV 20d: 55.7%). Max pain ranged from $24.00 to $28.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.35.

Notable Days

2022-10-24: Highest Volume — 383,757 contracts
2022-10-24: Largest IV spike — 19.5% change
2022-10-24: Highest IV Rank — 61.0%
2022-10-24: Largest Expected Move — 22.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$22.20	$18.43	$26.42	$24.83	$19.28
Max Pain	$26.48	$24.00	$28.00	$28.00	$24.00
ATM IV	61.4%	55.2%	76.0%	55.9%	64.7%
Expected Move	17.8%	15.6%	22.5%	15.7%	19.6%
HV 20d	55.7%	42.4%	79.7%	42.4%	79.7%
HV 60d	45.9%	40.2%	56.3%	40.8%	56.3%
IV Rank	36.5%	26.2%	61.0%	27.4%	39.2%
IV Percentile	71.2%	55.2%	95.6%	56.7%	79.0%
Term Structure	-0.9%	-3.9%	0.5%	0.1%	-0.6%
VWIV	62.4%	52.2%	76.0%	55.4%	68.3%
Skew 25d	4.6%	3.1%	8.9%	3.8%	5.2%
Skew 10d	8.9%	5.1%	13.2%	8.1%	10.7%
Call IV 25d	60.1%	54.4%	70.9%	55.2%	63.4%
Put IV 25d	64.7%	57.5%	79.8%	58.9%	68.6%
Bid-Ask Spread %	7.42	2.16	35.42	3.29	8.30
Gamma HHI	0.05	0.04	0.06	0.05	0.05
Net GEX	4.4M	-1.8M	20.1M	7.5M	4.4M
Net DEX	255.9M	-190.0M	555.6M	115.4M	217.6M
Net VEX	-4.0M	-5.6M	-2.7M	-4.7M	-3.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.35	0.18	0.69	0.33	0.69
Total Volume	138,695	56,750	383,757	87,440	56,750
Total OI	1,924,710.571	1,758,454	2,109,168	1,758,454	1,910,585

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-10-03	$24.83	$28.00	55.9%	15.7%	42.4%	27.4%	55.4%	3.8%	0.1%	7.5M	115.4M	-4.7M	0.33	3.29	65,899	21,541	1,298,386	460,068
2022-10-04	$26.16	$28.00	55.2%	15.6%	46.1%	26.2%	54.5%	3.1%	-0.2%	16.5M	-119.5M	-5.4M	0.23	3.95	114,316	26,606	1,321,344	463,258
2022-10-05	$26.42	$28.00	55.2%	15.7%	45.4%	26.3%	54.9%	3.5%	-0.1%	20.1M	-190.0M	-5.6M	0.27	3.94	81,003	21,730	1,370,729	465,481
2022-10-06	$26.01	$28.00	55.5%	16.0%	44.8%	26.7%	52.2%	3.8%	0.2%	17.1M	-95.7M	-5.4M	0.33	4.90	72,967	24,250	1,379,260	470,509
2022-10-07	$24.75	$28.00	56.1%	16.1%	46.2%	27.9%	56.4%	3.1%	-0.8%	6.0M	141.3M	-4.8M	0.28	8.02	77,602	21,719	1,380,052	474,166
2022-10-10	$23.52	$28.00	59.8%	17.0%	47.5%	33.9%	59.9%	3.7%	-0.2%	1.7M	285.0M	-4.2M	0.54	4.36	92,797	50,125	1,336,497	468,700
2022-10-11	$22.59	$28.00	62.5%	17.8%	47.0%	38.5%	62.6%	4.9%	-0.4%	-1.7M	405.9M	-3.9M	0.21	22.16	113,372	23,359	1,365,783	503,705
2022-10-12	$22.61	$28.00	62.6%	17.8%	46.7%	38.7%	62.9%	3.7%	-0.7%	-894.1K	385.3M	-4.0M	0.27	35.42	116,411	31,502	1,406,917	510,354
2022-10-13	$22.35	$28.00	62.0%	17.9%	46.6%	37.6%	63.2%	4.6%	0.5%	-1.5M	424.5M	-3.9M	0.23	10.57	118,037	27,719	1,446,340	524,030
2022-10-14	$21.77	$28.00	63.8%	18.2%	45.2%	40.7%	64.3%	3.6%	-0.4%	334.0K	454.4M	-3.7M	0.23	20.57	114,217	26,393	1,491,171	532,718
2022-10-17	$22.62	$28.00	58.7%	16.7%	47.6%	32.2%	59.5%	5.8%	-1.1%	523.9K	391.3M	-3.8M	0.18	3.06	155,404	27,438	1,481,716	528,930
2022-10-18	$22.56	$27.00	56.4%	16.2%	47.5%	28.3%	57.4%	5.0%	-1.1%	274.9K	398.3M	-3.8M	0.45	2.83	72,070	32,654	1,505,765	530,205
2022-10-19	$20.95	$27.00	60.5%	17.4%	51.0%	35.2%	59.9%	5.1%	-2.5%	-1.8M	555.6M	-3.2M	0.49	2.96	92,289	45,084	1,522,703	536,001
2022-10-20	$21.32	$25.00	61.7%	17.8%	51.8%	37.1%	60.9%	5.1%	-3.2%	595.8K	402.9M	-3.5M	0.31	2.61	103,834	32,512	1,562,388	507,637
2022-10-21	$21.44	$25.00	63.6%	18.6%	51.5%	40.3%	64.9%	3.5%	-3.9%	3.1M	358.3M	-3.7M	0.29	2.59	126,688	36,373	1,598,197	510,971
2022-10-24	$18.43	$24.00	76.0%	22.5%	71.3%	61.0%	76.0%	8.9%	-2.9%	-280.2K	400.1M	-2.7M	0.31	4.14	293,883	89,874	1,330,818	432,888
2022-10-25	$19.01	$24.00	68.7%	20.4%	73.2%	48.8%	71.3%	5.7%	-1.4%	3.7M	270.2M	-3.1M	0.34	2.92	107,603	37,115	1,476,889	448,647
2022-10-26	$20.59	$24.00	62.7%	18.6%	79.7%	38.5%	66.3%	4.4%	-0.2%	7.4M	103.2M	-3.7M	0.36	2.63	110,690	39,384	1,485,055	454,058
2022-10-27	$19.90	$24.00	63.0%	18.7%	79.0%	39.0%	66.2%	4.2%	-0.1%	4.8M	205.6M	-3.4M	0.40	4.35	62,811	25,315	1,493,423	464,039
2022-10-28	$19.08	$24.00	65.8%	19.7%	79.5%	42.4%	73.8%	5.2%	-0.6%	4.3M	264.1M	-3.3M	0.67	2.16	73,820	49,439	1,503,032	465,507
2022-10-31	$19.28	$24.00	64.7%	19.6%	79.7%	39.2%	68.3%	5.2%	-0.6%	4.4M	217.6M	-3.3M	0.69	8.30	33,601	23,149	1,457,483	453,102