KWEB Options History — October 2024

In October 2024, KWEB traded between $31.14 and $38.84. ATM implied volatility averaged 50.6%, placing in the 65.2% IV rank vs the trailing year. The 30-day expected move averaged 14.8%. IV traded below realized volatility by 19.0% (HV 20d: 69.6%). Max pain ranged from $28.50 to $31.50. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 1 of 23 days. Put/call ratio averaged 0.69.

Notable Days

2024-10-02: Highest Volume — 1,094,107 contracts
2024-10-08: Largest IV drop — 15.4% change
2024-10-01: Highest IV Rank — 100.0%
2024-10-07: Largest Expected Move — 18.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$33.97	$31.14	$38.84	$35.89	$32.28
Max Pain	$30.63	$28.50	$31.50	$28.50	$31.50
ATM IV	50.6%	42.6%	66.8%	54.5%	44.7%
Expected Move	14.8%	12.6%	18.5%	16.8%	15.0%
HV 20d	69.6%	55.4%	83.5%	56.5%	55.4%
HV 60d	50.0%	42.4%	52.8%	42.4%	52.7%
IV Rank	65.2%	42.8%	100.0%	100.0%	47.8%
IV Percentile	95.9%	92.1%	100.0%	100.0%	92.1%
Term Structure	-2.6%	-22.3%	0.5%	-0.5%	-1.2%
VWIV	53.5%	45.6%	67.5%	63.3%	52.9%
Skew 25d	-6.3%	-14.5%	-3.7%	-9.4%	-3.9%
Skew 10d	-9.4%	-23.5%	10.0%	-19.8%	-7.2%
Call IV 25d	54.9%	45.6%	75.8%	61.2%	47.3%
Put IV 25d	48.6%	41.3%	65.7%	51.8%	43.5%
Bid-Ask Spread %	10.79	2.30	39.86	6.20	2.52
Gamma HHI	0.07	0.05	0.10	0.08	0.07
Net GEX	53.8M	-16.6M	98.4M	82.3M	39.9M
Net DEX	-2.80B	-5.59B	-899.9M	-4.39B	-1.67B
Net VEX	-12.0M	-13.6M	-10.8M	-10.8M	-11.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.23	1.81	0.23	0.99
Total Volume	320,133.739	73,127	1,094,107	464,632	205,066
Total OI	3,599,876.913	2,980,157	4,285,822	2,980,157	3,388,304

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-10-01	$35.89	$28.50	54.5%	16.8%	56.5%	100.0%	63.3%	-9.4%	-0.5%	82.3M	-4.39B	-10.8M	0.23	6.20	377,937	86,695	2,007,938	972,219
2024-10-02	$38.19	$29.00	57.1%	18.0%	58.2%	100.0%	67.5%	-11.3%	-4.1%	98.4M	-5.59B	-11.1M	0.31	7.17	837,556	256,551	2,200,780	1,013,755
2024-10-03	$37.25	$30.00	58.3%	16.1%	60.1%	100.0%	61.6%	-10.7%	0.5%	83.7M	-4.91B	-12.7M	0.59	4.82	246,699	146,225	2,365,176	1,199,119
2024-10-04	$38.30	$30.00	63.4%	17.5%	59.3%	100.0%	62.0%	-11.9%	-0.6%	90.6M	-5.56B	-13.2M	0.32	7.60	191,678	61,571	2,459,545	1,263,450
2024-10-07	$38.84	$30.00	66.8%	18.5%	59.0%	100.0%	66.6%	-10.0%	-2.8%	90.0M	-5.58B	-13.2M	0.27	8.49	354,212	96,859	2,403,251	1,129,387
2024-10-08	$34.80	$30.00	56.5%	15.3%	74.9%	75.7%	55.8%	-5.9%	-3.3%	64.5M	-3.31B	-12.4M	0.64	31.49	363,737	233,330	2,397,745	1,196,290
2024-10-09	$34.70	$30.00	56.7%	15.7%	75.2%	76.1%	56.7%	-5.3%	-1.6%	57.1M	-3.30B	-13.1M	0.78	21.00	201,613	156,361	2,482,522	1,280,638
2024-10-10	$34.72	$31.00	64.3%	15.3%	75.2%	94.1%	56.3%	-14.5%	-22.3%	59.4M	-3.31B	-13.2M	0.24	18.45	191,987	46,374	2,542,506	1,335,872
2024-10-11	$35.05	$31.00	55.4%	15.4%	74.8%	73.2%	56.3%	-5.8%	-2.7%	63.1M	-3.56B	-13.6M	0.52	35.82	232,273	121,769	2,592,094	1,362,896
2024-10-14	$34.05	$31.00	47.6%	13.5%	76.4%	54.6%	48.0%	-5.4%	-2.3%	55.8M	-2.90B	-12.4M	0.65	33.19	156,125	102,213	2,534,955	1,354,828
2024-10-15	$31.87	$31.00	48.8%	13.9%	81.6%	57.5%	49.3%	-3.8%	-1.1%	31.2M	-1.51B	-12.0M	1.81	39.86	337,496	611,690	2,559,056	1,380,211
2024-10-16	$32.45	$31.00	48.0%	13.8%	81.3%	55.7%	51.3%	-3.9%	-2.1%	20.2M	-1.90B	-12.7M	0.69	3.73	120,940	83,164	2,693,140	1,585,212
2024-10-17	$31.14	$31.00	45.5%	13.1%	82.4%	49.7%	48.1%	-3.7%	-2.1%	-16.6M	-899.9M	-11.6M	1.55	3.47	144,436	224,499	2,702,010	1,560,068
2024-10-18	$32.50	$31.00	45.0%	13.0%	83.2%	48.5%	47.3%	-4.0%	-1.4%	41.2M	-2.09B	-12.1M	0.80	2.36	117,903	94,639	2,703,485	1,582,337
2024-10-21	$32.17	$31.00	43.0%	12.6%	83.5%	43.8%	45.6%	-4.6%	-2.3%	42.3M	-1.54B	-11.3M	1.62	2.73	63,516	102,594	2,183,311	1,130,364
2024-10-22	$32.70	$31.00	43.8%	13.1%	76.6%	45.8%	47.0%	-4.1%	-2.3%	54.5M	-1.89B	-11.6M	0.34	2.53	81,361	27,544	2,211,027	1,075,914
2024-10-23	$32.20	$31.00	42.6%	12.7%	76.1%	42.8%	45.7%	-4.3%	-1.7%	42.3M	-1.60B	-11.2M	0.30	2.61	88,348	26,102	2,230,303	1,104,994
2024-10-24	$31.77	$31.00	42.9%	12.9%	65.3%	43.5%	46.2%	-3.9%	-1.8%	30.6M	-1.37B	-11.2M	0.32	2.30	82,357	26,503	2,272,697	1,111,810
2024-10-25	$32.11	$31.00	43.5%	13.3%	63.6%	45.0%	48.0%	-4.0%	-2.0%	44.2M	-1.64B	-11.5M	0.48	4.05	49,550	23,577	2,281,927	1,116,024
2024-10-28	$33.05	$31.00	45.1%	14.5%	64.6%	48.8%	52.3%	-4.7%	-1.1%	60.5M	-2.15B	-11.7M	0.58	2.85	88,788	51,102	2,187,297	1,035,163
2024-10-29	$32.84	$31.00	45.3%	14.9%	61.0%	49.2%	50.5%	-4.7%	-1.1%	56.9M	-2.03B	-11.5M	1.27	2.72	51,442	65,100	2,213,282	1,061,589
2024-10-30	$32.45	$31.50	44.8%	14.9%	55.7%	48.0%	52.2%	-4.4%	-1.1%	45.0M	-1.78B	-11.2M	0.62	2.33	82,561	51,033	2,234,668	1,098,010
2024-10-31	$32.28	$31.50	44.7%	15.0%	55.4%	47.8%	52.9%	-3.9%	-1.2%	39.9M	-1.67B	-11.5M	0.99	2.52	103,288	101,778	2,263,180	1,125,124