KWEB Options History — April 2024

In April 2024, KWEB traded between $25.46 and $28.77. ATM implied volatility averaged 30.3%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 5.1% (HV 20d: 25.2%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.65.

Notable Days

  • 2024-04-26: Highest Volume — 177,541 contracts
  • 2024-04-15: Largest IV spike — 14.2% change
  • 2024-04-29: Highest IV Rank — 24.7%
  • 2024-04-29: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.86$25.46$28.77$26.84$27.88
Max Pain$25.14$25.00$26.00$26.00$25.00
ATM IV30.3%27.3%32.0%30.1%31.8%
Expected Move8.8%8.3%9.3%8.6%9.3%
HV 20d25.2%19.3%30.7%30.1%30.7%
HV 60d32.2%30.2%33.4%33.4%31.7%
IV Rank14.4%0.0%24.7%11.1%23.2%
IV Percentile5.9%0.0%14.7%2.0%13.9%
Term Structure-0.0%-4.1%2.0%0.2%0.0%
VWIV30.9%28.4%32.8%30.3%32.7%
Skew 25d0.0%-0.8%1.3%-0.4%0.1%
Skew 10d0.1%-2.2%1.7%-1.1%-0.1%
Call IV 25d30.9%28.8%32.8%31.0%32.2%
Put IV 25d30.9%29.3%32.8%30.6%32.2%
Bid-Ask Spread %30.139.6548.7129.9733.19
Gamma HHI0.150.120.190.140.17
Net GEX49.6M16.4M73.7M49.4M65.1M
Net DEX-847.6M-1.58B-326.5M-848.7M-1.18B
Net VEX-6.2M-7.0M-5.2M-6.5M-6.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.201.940.290.86
Total Volume56,295.72716,636177,54133,66144,737
Total OI1,713,357.8641,563,0071,860,9731,629,5771,860,973

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$26.84$26.0030.1%8.6%30.1%11.1%30.3%-0.4%0.2%49.4M-848.7M-6.5M0.2929.9726,1577,5041,234,302395,275
2024-04-02$26.91$26.0030.0%8.5%27.5%10.6%29.6%0.5%1.0%52.3M-886.1M-6.5M0.5524.9110,7025,9341,246,295397,593
2024-04-03$26.80$26.0030.3%8.3%25.9%12.6%29.1%0.1%0.1%51.5M-839.1M-6.4M0.7738.8423,86518,3751,250,061399,268
2024-04-04$26.54$25.0029.8%8.9%25.8%9.4%31.9%-0.6%0.2%47.9M-758.3M-6.3M0.5514.8637,00720,2681,262,305406,465
2024-04-05$26.55$25.0029.7%8.8%25.6%9.0%31.1%-0.8%0.7%48.0M-749.0M-6.2M0.8236.6619,31015,7441,259,199402,384
2024-04-08$26.64$25.0029.9%8.8%25.6%10.1%30.9%0.1%0.8%50.9M-795.2M-6.2M0.4430.2414,3426,3101,264,586409,065
2024-04-09$27.05$25.0030.1%8.8%24.1%11.6%30.8%0.1%0.7%60.0M-945.4M-6.2M0.4239.5625,69810,7681,273,130412,451
2024-04-10$26.98$25.0029.7%8.8%19.7%9.3%31.2%1.3%2.0%59.7M-910.2M-6.2M0.4034.0025,25710,0231,280,898415,320
2024-04-11$27.21$25.0029.1%8.5%19.3%5.7%30.2%0.6%1.6%67.6M-1.01B-6.2M0.2029.4142,4678,3681,290,813421,429
2024-04-12$26.07$25.0027.3%8.7%22.7%0.0%30.6%0.4%-0.0%38.3M-559.3M-5.9M0.6539.5138,48725,1551,302,108424,072
2024-04-15$25.89$25.0031.2%9.0%22.8%20.3%31.3%0.2%0.5%34.2M-486.9M-5.7M0.5927.3119,62011,5141,289,497430,303
2024-04-16$25.62$25.0031.4%9.0%22.7%21.5%32.0%-0.7%0.3%26.9M-399.4M-5.6M0.5948.7123,49713,9111,292,419435,432
2024-04-17$25.46$25.0031.6%9.1%22.8%22.6%32.0%-0.0%0.1%21.6M-335.8M-5.4M0.5825.4912,7927,4271,294,364436,743
2024-04-18$25.68$25.0030.3%8.7%21.5%15.3%30.9%-0.1%0.4%24.4M-393.7M-5.3M0.4145.6123,1259,3791,298,822434,792
2024-04-19$25.48$25.0029.9%8.6%21.2%13.6%30.1%-0.7%0.3%16.4M-326.5M-5.2M1.9441.2713,20125,6261,296,525441,135
2024-04-22$26.55$25.0030.7%8.7%25.5%17.6%31.2%-0.3%0.0%43.4M-661.0M-5.5M0.689.6583,74356,8271,169,360393,647
2024-04-23$27.34$25.0030.2%8.6%27.4%15.1%30.3%0.2%-4.1%57.8M-962.2M-6.1M0.3414.92123,51941,5811,222,370425,940
2024-04-24$27.95$25.0030.5%8.8%28.2%16.5%30.9%0.1%-0.3%67.8M-1.25B-6.7M0.9219.8143,50940,1001,307,231457,510
2024-04-25$27.99$25.0030.6%8.8%28.1%17.3%31.2%-0.3%-0.2%64.7M-1.25B-6.8M1.5122.1416,04024,1961,318,812482,910
2024-04-26$28.77$25.0031.2%9.0%29.3%20.4%28.4%-0.4%-0.7%70.4M-1.58B-6.9M0.2324.11144,24733,2941,321,136485,564
2024-04-29$28.66$25.0032.0%9.3%28.7%24.7%32.8%1.0%-3.7%73.7M-1.53B-7.0M0.6732.6920,86814,0121,366,741484,628
2024-04-30$27.88$25.0031.8%9.3%30.7%23.2%32.7%0.1%0.0%65.1M-1.18B-6.8M0.8633.1924,01720,7201,366,895494,078