KWEB Options History — October 2023

In October 2023, KWEB traded between $25.70 and $28.66. ATM implied volatility averaged 36.7%, placing in the 9.2% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 7.3% (HV 20d: 29.4%). Max pain ranged from $27.00 to $28.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.60.

Notable Days

  • 2023-10-18: Highest Volume — 121,694 contracts
  • 2023-10-09: Largest IV spike — 4.6% change
  • 2023-10-10: Highest IV Rank — 12.6%
  • 2023-10-10: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.91$25.70$28.66$27.26$26.01
Max Pain$27.77$27.00$28.00$28.00$27.00
ATM IV36.7%35.4%38.3%35.7%36.6%
Expected Move10.7%10.2%11.2%10.3%10.7%
HV 20d29.4%21.4%33.5%26.2%33.5%
HV 60d34.4%30.2%37.0%36.8%30.4%
IV Rank9.2%6.0%12.6%6.7%9.2%
IV Percentile10.6%3.6%20.6%4.0%9.9%
Term Structure0.1%-0.8%0.8%0.3%0.1%
VWIV37.6%35.6%39.2%36.3%37.6%
Skew 25d0.9%-0.0%1.8%1.3%1.5%
Skew 10d2.1%0.8%3.4%2.4%3.2%
Call IV 25d36.9%35.4%38.9%35.4%36.3%
Put IV 25d37.7%36.3%39.1%36.7%37.8%
Bid-Ask Spread %17.342.1551.722.7019.77
Gamma HHI0.080.070.160.080.08
Net GEX5.7M-15.6M30.8M7.5M-508.9K
Net DEX-78.7M-506.5M210.1M-100.1M45.2M
Net VEX-3.6M-4.4M-3.0M-3.9M-3.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.121.791.070.35
Total Volume53,677.72718,151121,69423,63936,990
Total OI1,441,092.5451,240,0271,606,8411,406,0621,363,874

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$27.26$28.0035.7%10.3%26.2%6.7%36.3%1.3%0.3%7.5M-100.1M-3.9M1.072.7011,43012,2091,015,348390,714
2023-10-03$26.76$28.0036.8%10.5%25.8%9.1%37.4%1.0%-0.0%3.5M-15.7M-3.7M1.092.608,7019,4501,016,280391,430
2023-10-04$26.55$28.0036.4%10.5%25.8%8.4%36.6%1.0%0.5%1.0M26.8M-3.5M0.232.7922,2645,2231,019,067392,323
2023-10-05$26.66$28.0035.8%10.4%21.4%6.9%37.0%1.3%0.1%1.7M15.1M-3.5M0.4633.2819,6229,0911,012,864392,157
2023-10-06$27.64$28.0035.8%10.4%25.1%6.8%36.5%1.3%0.0%10.8M-203.6M-3.7M0.462.1549,42222,7351,016,330397,832
2023-10-09$27.52$28.0037.4%10.9%24.3%10.6%38.2%0.6%0.7%11.7M-168.1M-3.7M0.1239.3974,8569,3041,021,636396,137
2023-10-10$28.55$28.0038.3%11.2%27.7%12.6%39.1%0.2%0.5%26.9M-452.3M-4.3M0.2231.6696,82321,2541,079,813400,007
2023-10-11$28.66$28.0037.3%10.9%27.5%10.4%38.6%-0.0%0.8%30.8M-506.5M-4.4M0.462.3142,94919,8981,132,485414,972
2023-10-12$27.59$28.0037.3%10.8%30.7%10.4%38.6%0.4%0.6%16.4M-211.7M-4.1M0.3644.6655,88320,3061,141,993426,011
2023-10-13$27.27$28.0037.2%10.8%30.8%10.3%38.3%0.2%0.7%10.0M-132.8M-4.0M0.5948.1822,61613,2371,169,089437,752
2023-10-16$27.51$28.0036.7%10.6%31.0%8.9%37.2%0.8%-0.3%10.6M-180.6M-3.9M0.382.6726,52010,1951,144,533426,556
2023-10-17$27.12$28.0035.4%10.2%31.4%6.0%35.6%0.6%-0.1%4.4M-77.8M-3.7M0.7828.0615,26211,8571,151,166432,348
2023-10-18$26.52$28.0035.7%10.2%31.9%6.6%36.0%1.1%-0.4%-5.0M31.0M-3.5M0.182.48103,02818,6661,157,051434,393
2023-10-19$26.13$28.0037.3%10.7%31.4%10.4%37.6%1.5%-0.8%-15.6M124.0M-3.2M1.7951.7216,75629,9531,098,849433,119
2023-10-20$25.70$28.0036.7%10.6%28.6%9.1%36.9%1.8%-0.2%-2.6M210.1M-3.1M0.812.6949,59940,2931,102,857431,341
2023-10-23$25.93$28.0035.6%10.3%28.8%6.5%36.4%1.1%0.1%-2.9M84.9M-3.0M0.758.3526,72120,126863,776376,251
2023-10-24$26.95$28.0036.4%10.8%32.1%8.3%38.3%0.7%0.2%5.6M-91.6M-3.3M0.393.8874,55928,708884,079383,442
2023-10-25$26.27$27.0037.0%10.7%33.3%9.6%37.8%0.7%0.3%1.8M-6.1M-3.3M0.7325.2113,5979,956921,347398,343
2023-10-26$26.30$27.0037.1%10.9%33.3%10.4%38.2%0.6%-0.0%1.6M-5.2M-3.3M0.653.6714,8959,737930,670403,406
2023-10-27$26.52$27.0037.7%11.0%33.0%11.8%38.7%0.6%-0.2%2.2M-44.4M-3.4M0.2919.6340,42111,615936,784410,538
2023-10-30$26.63$27.0037.9%11.2%33.1%12.3%39.2%0.9%-0.1%4.9M-72.3M-3.4M1.003.5312,07912,104949,042406,031
2023-10-31$26.01$27.0036.6%10.7%33.5%9.2%37.6%1.5%0.1%-508.9K45.2M-3.2M0.3519.7727,3729,618954,256409,618