KWEB Options History — November 2024

In November 2024, KWEB traded between $29.93 and $34.30. ATM implied volatility averaged 36.8%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded below realized volatility by 6.9% (HV 20d: 43.7%). Max pain ranged from $29.00 to $31.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.46.

Notable Days

  • 2024-11-12: Highest Volume — 391,972 contracts
  • 2024-11-08: Largest IV drop — 21.3% change
  • 2024-11-07: Highest IV Rank — 54.1%
  • 2024-11-01: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.28$29.93$34.30$32.17$30.80
Max Pain$29.98$29.00$31.50$31.50$30.00
ATM IV36.8%31.8%47.3%42.8%32.9%
Expected Move10.7%9.3%14.3%14.3%9.8%
HV 20d43.7%39.3%53.8%53.8%41.8%
HV 60d54.6%52.5%56.1%52.6%55.2%
IV Rank29.2%17.2%54.1%43.2%20.0%
IV Percentile70.0%48.4%94.4%90.1%57.5%
Term Structure-0.1%-5.3%6.5%-0.8%-0.8%
VWIV39.3%32.6%50.1%50.1%35.5%
Skew 25d-3.5%-6.8%2.2%-3.7%-1.5%
Skew 10d-5.4%-12.7%11.6%-7.0%6.1%
Call IV 25d38.8%31.9%52.0%45.6%32.8%
Put IV 25d35.3%25.5%45.2%41.9%31.3%
Bid-Ask Spread %17.212.7838.162.7832.61
Gamma HHI0.080.060.120.070.09
Net GEX42.4M13.3M86.2M35.8M47.2M
Net DEX-1.13B-2.89B-435.7M-1.61B-863.8M
Net VEX-9.3M-11.7M-7.8M-11.2M-7.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.170.890.590.23
Total Volume142,883.6542,640391,972101,85767,103
Total OI3,159,711.62,803,0293,459,1073,399,5442,990,770

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-11-01$32.17$31.5042.8%14.3%53.8%43.2%50.1%-3.7%-0.8%35.8M-1.61B-11.2M0.592.7863,95537,9022,273,4001,126,144
2024-11-04$32.53$29.0044.4%12.5%53.7%47.2%47.6%-5.4%2.3%51.3M-1.75B-11.1M0.3833.4892,48035,5722,157,2361,008,827
2024-11-05$33.28$29.0045.4%12.6%39.3%49.5%48.1%-5.5%-1.5%61.9M-2.15B-11.4M0.5625.9762,10535,0432,206,6441,020,515
2024-11-06$32.59$30.0042.7%12.2%39.9%43.0%44.0%-5.0%-1.7%54.0M-1.80B-10.9M0.4832.45143,49968,7752,238,9671,034,659
2024-11-07$34.30$30.0047.3%13.2%44.3%54.1%48.4%-6.8%-2.0%86.2M-2.89B-11.7M0.4038.16163,54265,9462,301,6831,044,253
2024-11-08$32.06$30.0037.2%11.0%50.0%30.2%40.3%-3.5%-0.1%15.7M-1.43B-10.1M0.404.47227,64891,5672,330,5891,061,213
2024-11-11$32.11$30.0035.9%10.5%49.2%27.1%39.1%-3.4%0.6%47.0M-1.47B-9.5M0.3037.25135,56740,2632,256,3741,042,511
2024-11-12$30.70$30.0036.8%10.8%46.1%29.1%40.2%-4.8%1.1%33.1M-787.9M-9.2M0.893.59207,296184,6762,328,9451,021,300
2024-11-13$30.51$30.0036.2%10.7%45.5%27.7%41.7%-4.8%1.4%24.6M-705.5M-9.2M0.173.10110,62918,6442,380,2601,065,244
2024-11-14$30.02$30.0035.4%10.2%43.5%25.7%38.4%2.2%0.8%13.3M-448.1M-8.7M0.805.64112,35790,1952,399,2201,050,968
2024-11-15$30.29$30.0033.5%9.6%40.5%21.4%37.3%-3.6%1.1%34.1M-704.9M-8.6M0.183.49126,09822,0862,422,6031,036,504
2024-11-18$30.86$30.0034.1%9.8%41.2%22.8%35.2%-2.8%-0.7%49.0M-909.4M-8.6M0.304.9457,25417,2411,955,505847,524
2024-11-19$30.64$30.0033.9%9.8%40.6%22.4%33.8%-3.5%-3.5%45.3M-791.8M-8.4M0.464.90111,00250,5321,983,137853,451
2024-11-20$31.16$30.0034.4%9.9%40.9%23.6%36.6%-4.3%-5.3%57.2M-1.08B-8.9M0.3916.5130,74611,8942,074,973887,389
2024-11-21$30.66$30.0032.8%9.4%41.1%19.7%34.7%-2.6%0.8%46.3M-813.4M-8.6M0.7211.7552,67337,9312,085,957891,365
2024-11-22$29.93$30.0034.6%9.3%41.5%23.9%33.9%-2.2%6.5%24.7M-435.7M-8.2M0.6318.8246,59629,5202,084,418900,599
2024-11-25$30.06$30.0032.1%9.4%39.9%18.0%33.3%-1.3%1.7%33.4M-509.8M-7.8M0.4313.5539,18516,6642,028,640887,875
2024-11-26$29.95$30.0031.8%9.3%39.8%17.2%32.6%-6.4%-0.7%34.6M-490.0M-7.8M0.5419.9340,97021,9652,048,255893,624
2024-11-27$30.94$30.0032.2%9.7%41.8%18.3%34.4%-1.6%-0.6%53.5M-988.6M-8.3M0.2730.8471,40619,1462,067,712904,979
2024-11-29$30.80$30.0032.9%9.8%41.8%20.0%35.5%-1.5%-0.8%47.2M-863.8M-7.8M0.2332.6154,72712,3762,077,907912,863