KWEB Options History — September 2024

In September 2024, KWEB traded between $25.29 and $33.95. ATM implied volatility averaged 30.7%, placing in the 28.9% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded below realized volatility by 3.1% (HV 20d: 33.8%). Max pain ranged from $26.50 to $28.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.47.

Notable Days

  • 2024-09-26: Highest Volume — 932,318 contracts
  • 2024-09-26: Largest IV spike — 55.4% change
  • 2024-09-26: Highest IV Rank — 100.0%
  • 2024-09-26: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.33$25.29$33.95$25.45$33.95
Max Pain$27.05$26.50$28.00$26.50$28.00
ATM IV30.7%25.2%52.5%28.8%48.2%
Expected Move8.9%7.3%14.3%8.5%14.3%
HV 20d33.8%22.8%55.4%31.8%55.4%
HV 60d29.8%26.5%41.5%27.4%41.2%
IV Rank28.9%4.4%100.0%26.2%84.6%
IV Percentile29.3%2.0%100.0%23.0%99.6%
Term Structure0.2%-1.0%1.5%0.0%0.9%
VWIV32.1%26.0%55.8%29.9%55.8%
Skew 25d-1.4%-10.3%0.8%-0.2%-6.3%
Skew 10d-1.0%-13.8%11.9%-1.2%11.9%
Call IV 25d32.2%25.9%55.8%29.6%52.5%
Put IV 25d30.9%26.2%46.3%29.4%46.3%
Bid-Ask Spread %11.962.4747.3219.6023.05
Gamma HHI0.100.090.110.100.09
Net GEX30.7M4.5M86.9M10.3M82.7M
Net DEX-756.0M-3.72B103.2M22.0M-3.50B
Net VEX-7.2M-10.4M-6.2M-6.8M-10.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.071.210.070.39
Total Volume194,564.121,704932,318113,233704,727
Total OI2,060,436.751,885,3822,737,2111,909,3042,737,211

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-09-03$25.45$26.5028.8%8.5%31.8%26.2%29.9%-0.2%0.0%10.3M22.0M-6.8M0.0719.60105,5147,7191,229,594679,710
2024-09-04$25.44$26.5028.4%8.4%31.3%23.3%29.7%0.1%-0.0%12.8M-3.6M-7.1M0.6515.1915,40510,0011,296,745682,506
2024-09-05$25.48$27.0028.0%8.2%31.2%20.9%29.1%0.2%0.0%12.6M-28.2M-7.0M0.647.1313,2008,5041,300,332683,252
2024-09-06$25.29$27.0027.1%7.9%29.7%16.0%29.3%0.6%0.3%7.3M67.6M-6.7M0.256.6985,82721,5741,301,391687,387
2024-09-09$25.38$27.0027.4%8.0%29.8%17.2%28.0%0.3%0.4%6.4M61.7M-6.5M1.046.3313,99014,6111,262,870678,644
2024-09-10$25.29$27.0027.0%7.9%29.4%14.9%27.7%0.4%0.3%4.5M103.2M-6.4M0.816.2915,14312,2821,270,448684,077
2024-09-11$25.55$27.0027.0%7.7%29.8%15.3%28.1%0.5%-0.3%11.4M-7.9M-6.7M0.322.4717,4465,5931,281,701686,959
2024-09-12$25.56$27.0025.9%7.5%28.6%8.7%27.7%0.4%0.5%13.5M-673.7K-6.6M0.302.7118,3575,4911,287,527688,949
2024-09-13$25.41$27.0025.2%7.4%27.7%4.4%26.1%0.6%1.0%12.7M99.3M-6.2M1.073.3932,47334,7261,295,940689,284
2024-09-16$25.52$27.0026.0%7.4%26.6%9.0%26.3%0.8%0.5%9.5M51.6M-6.2M1.214.9910,23412,4121,280,015671,110
2024-09-17$25.91$27.0026.3%7.5%27.0%10.7%26.6%0.1%0.1%20.9M-121.9M-6.4M0.235.6038,9218,8411,284,908671,992
2024-09-18$25.74$27.0025.6%7.3%22.8%6.5%26.4%0.2%0.4%18.5M-62.9M-6.2M0.4147.3237,42815,3181,307,206674,788
2024-09-19$26.91$27.0025.9%7.4%27.3%8.8%26.5%-0.4%0.2%51.7M-618.3M-6.9M0.187.84119,12621,4701,334,085673,606
2024-09-20$26.77$27.0025.5%7.3%26.6%6.2%26.0%-0.3%0.4%41.3M-564.2M-6.9M0.374.2652,75019,7121,375,360678,179
2024-09-23$27.21$27.0027.4%7.9%27.0%17.6%28.4%-1.0%0.3%41.3M-669.4M-7.1M0.384.6072,09227,5501,281,474603,908
2024-09-24$30.01$27.0034.2%10.1%41.3%57.9%35.9%-3.1%-0.7%55.5M-1.80B-7.5M0.3616.90387,304140,3451,310,603613,429
2024-09-25$29.21$27.0033.8%9.8%43.1%55.5%36.3%-3.6%-0.3%53.4M-1.49B-8.1M0.1639.37220,03335,9041,410,343712,689
2024-09-26$32.61$27.0052.5%14.3%54.4%100.0%51.4%-10.3%1.5%61.0M-2.93B-8.8M0.188.67793,414138,9041,513,839736,582
2024-09-27$33.95$28.0045.1%13.2%55.1%73.6%47.0%-6.5%-1.0%86.9M-3.72B-9.5M0.266.87472,220124,7211,825,960824,132
2024-09-30$33.95$28.0048.2%14.3%55.4%84.6%55.8%-6.3%0.9%82.7M-3.50B-10.4M0.3923.05507,775196,9521,874,463862,748