KWEB Options History — July 2024

In July 2024, KWEB traded between $26.09 and $28.84. ATM implied volatility averaged 27.9%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 1.8% (HV 20d: 26.1%). Max pain ranged from $28.00 to $29.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.39.

Notable Days

  • 2024-07-18: Highest Volume — 102,968 contracts
  • 2024-07-09: Largest IV spike — 6.2% change
  • 2024-07-15: Highest IV Rank — 25.0%
  • 2024-07-17: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.34$26.09$28.84$27.06$26.59
Max Pain$28.11$28.00$29.00$29.00$28.00
ATM IV27.9%25.4%29.9%25.4%27.3%
Expected Move8.0%7.2%8.6%7.2%8.0%
HV 20d26.1%19.1%29.7%19.1%29.6%
HV 60d29.9%25.5%31.4%30.0%25.6%
IV Rank15.7%4.1%25.0%4.1%13.1%
IV Percentile9.8%1.2%18.7%1.2%7.5%
Term Structure-0.5%-5.3%1.7%1.7%-0.2%
VWIV28.9%25.8%31.0%25.8%27.5%
Skew 25d-0.5%-2.3%1.0%1.0%0.4%
Skew 10d-1.3%-3.9%0.6%0.6%-0.8%
Call IV 25d28.9%25.3%31.6%25.3%28.0%
Put IV 25d28.4%26.1%30.4%26.2%28.3%
Bid-Ask Spread %26.612.2452.3752.3725.65
Gamma HHI0.100.090.110.100.11
Net GEX3.9M-13.3M29.4M-1.5M-10.0M
Net DEX-38.0M-537.5M287.2M79.5M153.9M
Net VEX-5.1M-5.9M-4.5M-5.0M-4.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.110.840.350.81
Total Volume55,406.68231,475102,96832,74333,611
Total OI1,626,494.5911,516,6651,796,6421,546,4221,620,538

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$27.06$29.0025.4%7.2%19.1%4.1%25.8%1.0%1.7%-1.5M79.5M-5.0M0.3552.3724,2878,456996,423549,999
2024-07-02$27.30$29.0025.7%7.3%19.6%5.5%25.9%0.0%0.5%5.0M16.1M-5.1M0.1528.6634,3665,2361,008,972553,346
2024-07-03$28.21$28.5026.7%7.8%23.3%10.0%28.4%0.4%0.6%16.1M-276.4M-5.7M0.1145.4063,4487,1911,023,261555,783
2024-07-05$27.63$28.0026.7%7.7%23.4%10.3%27.3%-0.2%-0.2%6.4M-79.2M-5.3M0.396.3928,14210,9271,040,512557,426
2024-07-08$27.34$28.0027.3%7.8%23.4%13.1%28.7%-0.5%0.1%3.1M-11.3M-5.1M0.562.2420,23711,2381,041,680561,273
2024-07-09$28.05$28.0029.0%8.3%23.5%20.9%29.8%-1.3%-0.2%14.6M-221.8M-5.4M0.194.4066,37512,7541,052,969569,051
2024-07-10$27.95$28.0027.9%8.0%23.0%15.8%28.8%-0.4%0.9%16.6M-246.9M-5.7M0.2033.9726,9745,3651,084,468575,652
2024-07-11$28.66$28.0029.3%8.5%24.8%21.9%30.0%-2.3%0.2%27.9M-458.2M-5.9M0.1330.8981,28010,3251,084,987579,017
2024-07-12$28.84$28.0028.8%8.3%24.9%19.9%30.2%-2.1%0.1%29.4M-537.5M-5.9M0.1230.7949,4925,9121,106,054581,024
2024-07-15$27.84$28.0029.9%8.5%27.6%25.0%31.0%-1.9%-2.7%10.6M-182.9M-5.4M0.2629.3245,70111,9871,100,059578,952
2024-07-16$27.74$28.0029.5%8.5%27.2%23.1%29.9%-1.6%-0.3%11.0M-166.2M-5.5M0.7533.3523,34617,3951,120,117584,524
2024-07-17$27.43$28.0029.8%8.6%27.2%24.5%30.6%-0.6%-5.3%5.0M-26.0M-5.3M0.2530.3664,68516,2401,129,798600,183
2024-07-18$27.13$28.0029.4%8.5%27.3%22.7%30.3%-0.3%-2.4%4.0M79.6M-5.1M0.1531.3189,66813,3001,188,967607,675
2024-07-19$26.93$28.0028.1%8.1%27.4%16.7%29.2%0.6%-1.9%-6.4M160.2M-5.0M0.7230.9535,02825,2071,185,772610,126
2024-07-22$27.63$28.0027.9%8.0%29.0%15.7%28.8%-0.7%0.3%4.6M-124.3M-5.1M0.189.7342,7217,541966,137550,528
2024-07-23$27.07$28.0027.8%8.0%29.7%15.4%28.9%-0.9%0.1%-3.1M23.8M-4.9M0.3331.5449,30416,143977,618552,354
2024-07-24$26.63$28.0027.6%7.9%29.6%14.1%28.5%-0.1%-0.3%-6.6M144.3M-4.7M0.8419.3427,19322,860977,506561,853
2024-07-25$26.39$28.0027.0%7.9%29.7%11.6%29.2%-0.2%0.0%-9.6M192.9M-4.7M0.8022.4036,21429,119987,392575,171
2024-07-26$26.48$28.0027.4%7.9%28.4%13.2%27.9%-0.1%-1.2%-9.1M191.1M-4.7M0.7824.7523,27718,2471,005,848590,394
2024-07-29$26.55$28.0027.6%8.1%28.3%14.4%29.2%-0.0%-0.3%-9.3M166.3M-4.6M0.1425.9842,8776,167995,536592,233
2024-07-30$26.09$28.0027.6%8.1%28.9%14.1%28.6%-0.1%0.0%-13.3M287.2M-4.5M0.4635.5833,69415,4171,001,802599,901
2024-07-31$26.59$28.0027.3%8.0%29.6%13.1%27.5%0.4%-0.2%-10.0M153.9M-4.8M0.8125.6518,52015,0911,017,885602,653