KWEB Options History — June 2024

In June 2024, KWEB traded between $27.02 and $29.68. ATM implied volatility averaged 26.5%, placing in the 2.4% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 3.1% (HV 20d: 23.5%). Max pain ranged from $29.00 to $30.00. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 18 of 19 days. Put/call ratio averaged 0.67.

Notable Days

  • 2024-06-27: Highest Volume — 107,246 contracts
  • 2024-06-21: Largest IV drop — 6.4% change
  • 2024-06-03: Highest IV Rank — 7.2%
  • 2024-06-03: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.65$27.02$29.68$29.02$27.02
Max Pain$29.79$29.00$30.00$29.00$29.00
ATM IV26.5%24.5%28.7%28.7%24.5%
Expected Move7.7%7.0%8.3%8.3%7.0%
HV 20d23.5%18.6%28.8%27.8%20.1%
HV 60d30.0%29.5%31.2%31.2%30.1%
IV Rank2.4%0.0%7.2%7.2%0.0%
IV Percentile0.7%0.0%2.4%1.6%0.0%
Term Structure0.5%-0.2%1.5%0.6%0.3%
VWIV27.2%24.5%29.4%29.4%24.5%
Skew 25d-0.2%-1.0%0.8%-0.9%-0.4%
Skew 10d-0.4%-1.2%1.8%-1.2%-0.5%
Call IV 25d26.9%24.9%29.6%29.6%24.9%
Put IV 25d26.7%24.5%28.6%28.6%24.5%
Bid-Ask Spread %46.2726.0166.6336.4034.36
Gamma HHI0.110.090.260.090.26
Net GEX9.4M-27.1M30.1M23.1M-27.1M
Net DEX-352.8M-773.8M133.2M-569.4M133.2M
Net VEX-6.2M-7.5M-5.2M-7.3M-5.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.062.231.710.76
Total Volume53,054.52613,677107,24687,26366,445
Total OI1,829,361.9471,469,8491,979,8061,955,6951,556,320

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-06-03$29.02$29.0028.7%8.3%27.8%7.2%29.4%-0.9%0.6%23.1M-569.4M-7.3M1.7136.4032,14555,1181,289,627666,068
2024-06-04$29.11$29.0028.0%8.1%27.9%3.3%29.1%0.2%1.3%23.7M-579.9M-7.5M0.0626.3898,1665,7771,297,001682,805
2024-06-05$29.54$29.0027.4%7.8%27.4%0.1%27.6%-0.3%0.8%26.7M-722.8M-7.1M0.6031.7335,93221,5771,249,336682,309
2024-06-06$29.68$30.0026.9%8.1%27.4%0.0%28.6%0.0%0.7%30.1M-773.8M-7.2M0.4757.7329,45913,8631,258,435688,825
2024-06-07$28.79$30.0026.6%7.9%28.5%0.0%27.8%-0.4%0.3%11.1M-376.7M-6.7M0.7666.6333,11125,1441,257,519694,424
2024-06-10$29.11$30.0027.8%8.1%28.8%6.4%28.6%-0.5%0.3%16.9M-535.6M-6.7M0.3464.5910,2113,4661,233,559687,442
2024-06-11$28.88$30.0027.8%8.1%24.7%6.1%28.3%-1.0%-0.2%13.9M-456.7M-6.6M0.3147.0538,90012,1891,238,887689,856
2024-06-12$28.95$30.0027.1%7.9%24.7%2.7%28.8%0.8%1.5%10.5M-418.8M-6.4M0.0863.9823,8681,8251,227,261699,946
2024-06-13$29.19$30.0026.1%7.6%24.4%0.0%27.0%-0.2%0.7%15.2M-482.6M-6.4M0.5248.4124,84012,9581,226,028699,843
2024-06-14$28.76$30.0025.8%7.5%21.5%0.0%26.2%0.0%0.5%5.2M-331.8M-6.1M0.4053.0423,5399,4261,241,390707,775
2024-06-17$28.95$30.0026.9%7.8%21.8%5.8%27.2%0.0%0.5%10.5M-432.0M-6.0M0.9644.9711,71411,2881,237,641700,593
2024-06-18$28.79$30.0026.3%7.6%21.7%2.7%27.0%-0.4%0.3%8.6M-362.4M-6.0M0.2944.7113,7794,0211,241,347704,892
2024-06-20$28.59$30.0027.0%7.7%20.6%6.2%27.4%-0.1%0.1%5.1M-281.2M-5.7M2.2358.5628,50063,6961,246,398706,145
2024-06-21$28.29$30.0025.3%7.2%20.6%0.0%25.1%-0.0%0.5%5.1M-261.4M-5.5M1.1160.5634,34538,2781,254,700677,928
2024-06-24$28.45$30.0025.7%7.3%18.6%1.6%26.6%-0.4%0.5%5.7M-206.2M-5.5M0.4143.4532,77213,592932,609537,240
2024-06-25$27.98$30.0025.4%7.2%19.2%0.6%26.0%-0.3%0.7%-1.1M-66.1M-5.5M0.4226.0136,58415,280951,551547,452
2024-06-26$28.01$30.0025.2%7.2%19.3%0.0%25.5%0.2%0.4%142.3K-82.3M-5.4M0.9840.579,5979,385969,845547,436
2024-06-27$27.27$30.0025.9%7.5%20.9%3.2%25.9%-0.5%0.2%-4.4M103.0M-5.3M0.3230.0881,31825,928974,394553,050
2024-06-28$27.02$29.0024.5%7.0%20.1%0.0%24.5%-0.4%0.3%-27.1M133.2M-5.2M0.7634.3637,72628,719997,667558,653