KWEB Options History — March 2026

In March 2026, KWEB traded between $27.71 and $31.05. ATM implied volatility averaged 36.9%, placing in the 22.7% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 9.9% (HV 20d: 27.0%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2026-03-05: Highest Volume — 590,453 contracts
  • 2026-03-03: Largest IV spike — 9.6% change
  • 2026-03-09: Highest IV Rank — 27.8%
  • 2026-03-13: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.44$27.71$31.05$30.63$28.48
Max Pain$31.05$30.00$35.00$35.00$30.00
ATM IV36.9%33.0%40.0%33.0%35.8%
Expected Move10.6%9.8%11.5%10.0%10.2%
HV 20d27.0%22.4%34.5%22.4%34.5%
HV 60d28.6%26.6%30.4%26.6%30.4%
IV Rank22.7%16.3%27.8%16.3%20.8%
IV Percentile80.7%69.0%89.7%69.0%75.8%
Term Structure-0.4%-4.4%3.7%0.5%0.7%
VWIV36.5%34.2%40.1%34.6%35.0%
Skew 25d3.8%1.1%6.6%1.8%6.6%
Skew 10d7.1%-11.1%22.0%3.7%14.9%
Call IV 25d35.8%32.9%38.4%32.9%34.4%
Put IV 25d39.5%34.8%42.6%34.8%40.9%
Bid-Ask Spread %25.1814.7164.9447.0917.60
Gamma HHI0.080.060.100.080.09
Net GEX14.7M-3.2M39.6M-3.1M12.6M
Net DEX573.6M30.9M991.3M845.3M555.4M
Net VEX-9.7M-11.7M-8.0M-8.4M-9.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.161.401.050.23
Total Volume168,807.23846,927590,453218,341116,686
Total OI3,206,865.6672,798,6583,678,9962,832,8132,991,116

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$30.63$35.0033.0%10.0%22.4%16.3%34.6%1.8%0.5%-3.1M845.3M-8.4M1.0547.09106,758111,5832,084,380748,433
2026-03-03$29.81$34.0036.2%11.1%23.4%21.6%40.1%3.4%-2.5%-3.2M966.0M-8.0M0.5554.97105,56958,3442,141,284768,538
2026-03-04$30.05$34.0035.3%10.7%23.8%20.1%37.4%2.0%-0.9%1.2M898.8M-8.2M0.1720.70109,31818,3452,198,551782,334
2026-03-05$29.37$31.0036.4%10.3%23.1%22.0%36.3%2.7%-1.2%-8.0K991.3M-8.0M1.2123.07267,635322,8182,276,387785,184
2026-03-06$29.70$31.0038.1%10.4%23.8%24.7%36.8%4.2%-4.4%10.9M607.9M-10.6M0.6514.8292,30659,7232,479,191896,676
2026-03-09$30.43$31.0040.0%10.7%23.5%27.8%36.8%5.0%-2.9%20.5M349.3M-10.8M0.2425.78133,90731,4912,419,646891,786
2026-03-10$31.05$31.0036.6%10.5%25.2%22.3%36.2%1.1%-0.1%31.6M30.9M-11.6M0.1664.94253,19040,0752,454,330906,736
2026-03-11$30.44$31.0038.6%10.6%25.5%25.5%37.0%5.3%-1.7%28.6M257.0M-11.6M0.7420.3150,98137,5792,582,892924,107
2026-03-12$30.02$31.0038.8%11.0%25.6%25.8%38.9%4.5%-0.4%21.3M388.7M-11.3M0.7614.71154,401117,3192,610,425949,339
2026-03-13$30.18$31.0038.7%11.5%22.9%25.8%38.2%2.4%0.0%26.6M334.8M-11.4M0.2520.03120,54930,4082,663,134974,572
2026-03-16$30.63$31.0036.3%10.4%23.8%21.7%36.2%3.6%1.1%39.6M76.7M-11.7M0.2722.42119,85331,9662,654,231908,997
2026-03-17$30.41$31.0034.7%9.8%23.8%19.1%35.0%2.8%1.7%35.6M210.1M-11.2M0.3620.8297,72935,1972,679,448920,153
2026-03-19$29.09$30.0036.0%10.5%27.6%21.3%36.6%4.7%-0.7%4.9M793.4M-9.7M1.4019.8268,11395,5122,747,704931,292
2026-03-20$28.20$30.0037.0%10.5%28.9%22.8%35.4%4.5%-1.3%9.5M943.3M-8.8M0.4624.0163,82129,3392,776,473886,836
2026-03-23$28.51$30.0036.2%10.5%29.6%21.5%34.2%3.8%-0.1%12.9M634.8M-8.9M0.9019.7793,06383,4132,012,887795,517
2026-03-24$28.32$30.0036.1%10.6%29.5%21.4%36.3%4.7%-1.0%10.2M659.5M-8.5M0.4116.7652,80921,5972,020,283778,375
2026-03-25$29.13$30.0035.9%10.3%31.9%21.1%34.3%4.4%-0.3%25.4M383.3M-9.5M0.2320.32109,39724,7972,047,347789,461
2026-03-26$28.18$30.0038.0%10.9%33.3%24.5%37.0%5.5%0.7%12.1M627.5M-8.9M0.9222.3372,71966,7222,096,817807,932
2026-03-27$27.88$30.0038.8%11.0%32.7%25.8%38.2%3.3%3.7%6.5M728.6M-8.8M0.3221.9170,36322,6302,144,910846,479
2026-03-30$27.71$30.0038.7%11.1%32.7%25.8%36.6%3.2%-0.3%4.5M763.9M-8.7M0.3216.5935,65611,2712,125,670844,326
2026-03-31$28.48$30.0035.8%10.2%34.5%20.8%35.0%6.6%0.7%12.6M555.4M-9.1M0.2317.6094,81821,8682,154,283836,833