$KWEB negative imbalance of -1.9 M option volume delta...indicating traderes are more bearish on the stock
Something to keep an eye on: Mostly large institutional traders are showing a long build up in $KWEB. Net option volume delta is 2.5 M!
KWEB28.48+1.12 (+4.1%)Kraneshares Csi China Internet ETF
ATM straddle for 05-Jun-26 expiration returned a positive 56.8% from the previous business day
The upside wing (25 delta calls) gained 340.0%
Downside put (25 delta puts) lost -78.0%
The option volume for 05-Jun-26 expiration is 5,427
30-Day Downside Put Protection Falls to Lowest Level in 4 months
KWEBKraneshares Csi China Internet ETF27.33+0.60 (+2.2%)
The cost to protect downside risk fell to 3.2%, the lowest level since Feb 26, 2026 when it was at 3.2%. The 52-Week average is 3.4% and the 52-Week range is 2.4% - 4.5%.
30-day Implied Volatility (IV30) Falls to Lowest Level in 4 months
KWEBKraneshares Csi China Internet ETF27.20+0.47 (+1.8%)
The IV30 fell to 29.2, the lowest level since Feb 26, 2026 when it traded at 29.4. Stock Option traders are pricing in an average daily move of ±1.8%. The 52-Week historical volatility is 25.5 with an average daily move of ±1.6%. View Implied Vol
30-Day Downside Put Protection Falls to Lowest Level in 4 months
KWEBKraneshares Csi China Internet ETF27.18+0.45 (+1.7%)
The cost to protect downside risk fell to 3.2%, the lowest level since Feb 26, 2026 when it was at 3.2%. The 52-Week average is 3.4% and the 52-Week range is 2.4% - 4.5%.
