KWEB - Options Database

KWEB

KraneShares CSI China Internet ETF

$25.36 +0.69%

(9/21 18:02) ◀

Tuesday, September 22, 2026 (3:05pm)

▶ (9/24 15:06)

◀ 9/22 15:06 ▶

Option Volume

Detail

ℹ

Current (09/22 3:05pm) 114,156

Calls: 85,952 (75%)

Puts: 28,204 (25%)

Prior (09/18) 65,772

Calls: 49,421 (75%)

Puts: 16,351 (25%)

Current vs Prior +73.56%

Calls: +73.92% (Calls)

Puts: +72.49% (Puts)

Prior 7-Day Total 810,824

Calls: 501,438 (62%)

Puts: 309,386 (38%)

Prior 7-Day Average 115,832

Calls: 71,634 (62%)

Puts: 44,198 (38%)

Current vs Prior 7-Day Avg -1.45%

Calls: +19.99%

Puts: -36.19%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22 3:05pm) $6.45M

Calls: $5.06M (78%)

Puts: $1.40M (22%)

Prior (09/18) $3.67M

Calls: $2.62M (71%)

Puts: $1.05M (29%)

Current vs Prior +75.83%

Calls: +92.94%

Puts: +33.10%

Prior 7-Day Total $168.64M

Calls: $33.55M (20%)

Puts: $135.09M (80%)

Prior 7-Day Average $24.09M

Calls: $4.79M (20%)

Puts: $19.30M (80%)

Current vs Prior 7-Day Avg -73.21%

Calls: +5.50%

Puts: -92.76%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 3:05pm) 0.33

Prior (09/18) 0.33

Current vs Prior -0.82%

Prior 7-Day Average 0.75

Current vs Prior 7-Day Avg -56.51%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/22 3:05pm) 2,168,079

Calls: 1,580,583 (73%)

Puts: 587,496 (27%)

Prior (09/18) 2,853,878

Calls: 2,141,913 (75%)

Puts: 711,965 (25%)

Current vs Prior -24.03%

Prior 7-Day Total 18,705,539

Calls: 13,646,634 (73%)

Puts: 5,058,905 (27%)

Prior 7-Day Average 2,672,219

Calls: 1,949,519 (73%)

Puts: 722,700 (27%)

Current vs Prior 7-Day Avg -18.87%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 3.51% | 4.89%6.62% | 11.67%

Prior 2.87% | 4.63%2.87% | 8.60%

Current vs Prior +22.48% | +5.71%+131.20% | +35.78%

Prior 7-Day Avg 3.03% | 4.45%4.20% | 9.24%

Current vs 7-Day Avg +15.88% | +9.93%+57.87% | +26.32%

Prior 7-Day Eod 2.87% | 4.63%9.93% | 11.83%

Current vs 7-Day Eod +22.48% | +5.71%-33.28% | -1.38%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 6.55% | 6.78%

Calls: 7.69% | 4.29%

Puts: 5.41% | 9.26%

Prior 27.50% | 15.52%

Calls: 39.22% | 8.82%

Puts: 15.79% | 22.22%

Current vs Prior -76.18% | -56.31%

Prior 7-Day Avg 52.16% | 16.60%

Calls: 75.34% | 18.54%

Puts: 28.98% | 14.66%

Current vs 7-Day Avg -87.44% | -59.17%

Liquidity Pricy

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🤖 AI Insights

Strong bullish conviction with 78% of dollar volume in calls ($5.06M) vs puts ($1.40M). Elevated premium activity with dollar volume up 76% vs prior. Above-average activity with volume up 74% vs prior. Extreme bullish P/C ratio of 0.33 - heavy call buying (85,952 calls vs 28,204 puts).

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BEARISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

📈 Options Analysis

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💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

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📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

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⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 30 of results (avg 6.3%, best 3.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$22.00	Sep 25	3.30	3.40	$3.35	3.0%	6	0.93	1
$26.50	Oct 16	0.32	0.33	$0.33	3.0%	25	0.29	61
$26.00	Oct 2	0.23	0.24	$0.24	4.2%	6.8K	0.31	9.6K
$25.00	Oct 2	0.68	0.71	$0.70	4.3%	2.3K	0.63	10.1K
$25.00	Oct 16	0.91	0.95	$0.93	4.3%	1.9K	0.59	23.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$30.00	Sep 25	4.60	4.80	$4.70	4.3%	9	0.93	1
$30.00	Oct 9	4.60	4.80	$4.70	4.3%	6	0.91	5
$28.50	Oct 2	3.10	3.25	$3.18	4.7%	6	0.89	3
$26.00	Oct 16	1.03	1.08	$1.06	4.7%	1.4K	0.62	11.2K
$25.50	Sep 25	0.36	0.38	$0.37	5.4%	12.1K	0.57	1.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 39 found (avg $0.47, cheapest $0.16)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$25.50	Sep 25	0.23	0.25	$0.24	8.3%	14.6K	0.43	6.5K
$27.00	Oct 2	0.06	0.07	$0.07	14.3%	901	0.11	14.1K
$26.50	Oct 2	0.12	0.14	$0.13	15.4%	230	0.19	3.3K
$25.00	Sep 25	0.50	0.54	$0.52	7.7%	869	0.69	8.8K
$26.00	Oct 2	0.23	0.24	$0.24	4.2%	6.8K	0.31	9.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$25.00	Sep 25	0.15	0.16	$0.16	6.3%	292	0.31	24.6K
$25.50	Sep 25	0.36	0.38	$0.37	5.4%	12.1K	0.57	1.4K
$24.50	Oct 2	0.15	0.18	$0.16	18.8%	17	0.23	995
$25.00	Oct 2	0.29	0.33	$0.31	12.9%	1.5K	0.37	7.2K
$25.50	Oct 2	0.52	0.57	$0.54	9.3%	389	0.54	762

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 63 found (avg delta 0.81, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Oct 16	4.20	4.95	$4.58	16.4%	--	1.00	122
$21.00	Sep 25	4.20	4.40	$4.30	4.7%	3	0.97	1
$21.50	Sep 25	3.65	4.00	$3.83	9.1%	2	0.97	2
$23.00	Sep 25	2.01	2.53	$2.27	22.9%	1	0.97	6
$23.50	Sep 25	1.71	2.05	$1.88	18.1%	--	0.96	26

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$28.00	Sep 25	2.61	3.15	$2.88	18.8%	--	1.00	22
$28.50	Sep 25	3.00	3.30	$3.15	9.5%	6	1.00	1
$30.00	Oct 2	4.55	5.05	$4.80	10.4%	1	0.97	1
$29.50	Oct 16	2.09	6.10	$4.10	97.8%	4	0.96	--
$30.00	Oct 16	3.60	6.25	$4.93	53.8%	6	0.96	--

Most actively traded options today. High liquidity = easy entry/exit. 108 active (total vol 90.9K, top 26.5K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$26.00	Oct 16	0.46	0.49	$0.48	6.2%	26.5K	0.38	80.2K
$25.50	Sep 25	0.23	0.25	$0.24	8.3%	14.6K	0.43	6.5K
$26.00	Oct 2	0.23	0.24	$0.24	4.2%	6.8K	0.31	9.6K
$26.00	Sep 25	0.09	0.11	$0.10	20.0%	3.2K	0.22	10.8K
$25.00	Oct 2	0.68	0.71	$0.70	4.3%	2.3K	0.63	10.1K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$25.50	Sep 25	0.36	0.38	$0.37	5.4%	12.1K	0.57	1.4K
$25.00	Oct 16	0.50	0.53	$0.52	5.8%	4.2K	0.41	11.6K
$25.00	Oct 2	0.29	0.33	$0.31	12.9%	1.5K	0.37	7.2K
$26.00	Oct 16	1.03	1.08	$1.06	4.7%	1.4K	0.62	11.2K
$24.00	Sep 25	0.01	0.03	$0.02	100.0%	778	0.05	4.9K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 18.5%, max 22.4%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$25.00	Sep 25	Oct 30	32.9%	26.9%	22.4%	877	9.1K
$26.00	Sep 25	Oct 30	34.6%	28.5%	21.4%	3.5K	10.9K
$25.50	Sep 25	Oct 30	32.8%	29.4%	11.8%	14.6K	6.9K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$25.00	Sep 25	Oct 30	32.9%	26.9%	22.4%	501	24.7K
$26.00	Sep 25	Oct 30	34.6%	28.5%	21.4%	311	5.8K
$25.50	Sep 25	Oct 30	32.8%	29.4%	11.8%	12.1K	1.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 41 found (best R:R 0.85, avg 1.75)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$24.50	$25.00	Oct 2	$0.32	$0.18	$0.32	77%	0.56	$24.82
$25.50	$26.00	Oct 9	$0.17	$0.33	$0.17	47%	1.94	$25.67
$25.50	$26.00	Oct 16	$0.18	$0.32	$0.18	48%	1.78	$25.68
$26.50	$27.00	Oct 16	$0.10	$0.40	$0.10	29%	4.00	$26.60
$26.00	$26.50	Oct 23	$0.16	$0.34	$0.16	40%	2.12	$26.16

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$28.50	$28.00	Sep 25	$0.27	$0.23	$0.27	100%	0.85	$28.23
$26.00	$25.50	Oct 2	$0.16	$0.34	$0.16	69%	2.13	$25.84
$28.50	$28.00	Oct 2	$0.33	$0.17	$0.33	89%	0.52	$28.17
$26.50	$25.50	Oct 23	$0.57	$0.43	$0.57	69%	0.75	$25.93
$26.00	$25.50	Oct 9	$0.27	$0.23	$0.27	65%	0.85	$25.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 23 found (best R:R 0.52, avg 0.48)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$26.00	$26.50	Oct 9	$0.17	$0.17	$0.33	65%	0.52	$26.17
$25.50	$26.00	Oct 23	$0.24	$0.24	$0.26	51%	0.92	$25.74
$26.00	$26.50	Oct 30	$0.19	$0.19	$0.31	59%	0.61	$26.19
$25.50	$26.00	Oct 30	$0.23	$0.23	$0.27	50%	0.85	$25.73
$26.50	$27.00	Oct 23	$0.13	$0.13	$0.37	69%	0.35	$26.63

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$25.00	$24.50	Oct 16	$0.20	$0.20	$0.30	59%	0.67	$24.80
$25.00	$24.50	Sep 25	$0.11	$0.11	$0.39	69%	0.28	$24.89
$24.50	$24.00	Oct 9	$0.12	$0.12	$0.38	72%	0.32	$24.38
$25.00	$24.50	Oct 30	$0.20	$0.20	$0.30	58%	0.67	$24.80
$25.00	$24.50	Oct 2	$0.15	$0.15	$0.35	63%	0.43	$24.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.17, cheapest $0.15)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$25.00	Sep 25	Oct 2	$0.18	32.9%	27.8%
$25.50	Sep 25	Oct 2	$0.18	32.8%	29.3%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$25.00	Sep 25	Oct 2	$0.15	32.9%	27.8%
$25.50	Sep 25	Oct 2	$0.17	32.8%	29.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 40 found (cheapest 2.41% of stock, avg 6.60%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$25.50	Sep 25	$0.24	$0.37	$0.61	$24.89	$26.11	2.41%
$25.00	Sep 25	$0.52	$0.16	$0.68	$24.32	$25.68	2.68%
$26.00	Sep 25	$0.10	$0.79	$0.89	$25.11	$26.89	3.51%
$24.50	Sep 25	$0.86	$0.05	$0.91	$23.59	$25.41	3.59%
$26.00	Oct 2	$0.24	$0.70	$0.94	$25.06	$26.94	3.71%
$25.50	Oct 2	$0.42	$0.54	$0.96	$24.54	$26.46	3.79%
$25.00	Oct 2	$0.70	$0.31	$1.01	$23.99	$26.01	3.98%
$24.50	Oct 2	$1.02	$0.16	$1.18	$23.32	$25.68	4.65%
$25.50	Oct 9	$0.54	$0.66	$1.20	$24.30	$26.70	4.73%
$26.50	Sep 25	$0.04	$1.19	$1.23	$25.27	$27.73	4.85%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 137 found (cheapest 0.24% of stock, avg 2.45%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$26.50	$24.00	Sep 25	$0.04	$0.02	$0.06	$23.94	$26.56
$26.50	$24.50	Sep 25	$0.04	$0.05	$0.09	$24.41	$26.59
$29.50	$24.00	Sep 25	$0.11	$0.02	$0.13	$23.87	$29.63
$27.00	$23.50	Oct 2	$0.07	$0.07	$0.14	$23.36	$27.14
$26.00	$24.00	Sep 25	$0.10	$0.02	$0.12	$23.88	$26.12
$27.00	$24.00	Oct 2	$0.07	$0.09	$0.16	$23.84	$27.16
$29.50	$24.50	Sep 25	$0.11	$0.05	$0.16	$24.34	$29.66
$26.00	$24.50	Sep 25	$0.10	$0.05	$0.15	$24.35	$26.15
$27.00	$22.50	Oct 2	$0.07	$0.12	$0.19	$22.31	$27.19
$28.50	$23.50	Oct 2	$0.13	$0.07	$0.20	$23.30	$28.70

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 2 found (best R:R 1.08, avg credit $0.23)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
24/24	26/27	Oct 23	$0.26	$0.24	37%	1.08	$24.24	$26.76
24/24	26/27	Oct 16	$0.20	$0.30	42%	0.67	$24.30	$26.70

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 44 found (best R:R 7.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$24.50	$25.00	$25.50	Sep 25	$0.06	$0.44	45%	7.33
$25.50	$26.00	$26.50	Sep 25	$0.08	$0.42	33%	5.25
$25.00	$25.50	$26.00	Sep 25	$0.14	$0.36	47%	2.57
$25.50	$26.00	$26.50	Oct 2	$0.07	$0.43	27%	6.14
$25.00	$25.50	$26.00	Oct 30	$0.05	$0.45	17%	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$25.00	$26.00	$27.00	Oct 16	$0.17	$0.83	38%	4.88
$24.50	$25.00	$25.50	Sep 25	$0.10	$0.40	45%	4.00
$24.50	$25.00	$25.50	Oct 2	$0.08	$0.42	31%	5.25
$24.50	$25.00	$25.50	Oct 23	$0.05	$0.45	19%	9.00
$24.00	$24.50	$25.00	Sep 25	$0.08	$0.42	26%	5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 83 found (best net $-0.80, 76 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$22.00	$24.00	1:2	Oct 30	-$0.80	$1.20
$24.00	$25.00	1:2	Oct 16	-$0.22	$0.78
$23.50	$24.50	1:2	Oct 9	-$0.37	$0.63
$24.00	$24.50	1:2	Sep 25	-$0.21	$0.29
$23.00	$24.00	1:2	Oct 2	-$0.70	$0.30

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$27.00	$26.00	1:2	Oct 9	-$0.11	$0.89
$28.00	$27.00	1:2	Sep 25	-$0.46	$0.54
$27.00	$26.00	1:2	Oct 16	-$0.35	$0.65
$26.50	$25.50	1:2	Oct 23	-$0.28	$0.72
$28.00	$27.00	1:2	Oct 2	-$0.69	$0.31

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 31 found (best yield 3.31%, avg 1.14%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$25.50	Oct 30	$0.84	0.49	0.6%	3.31%	3.86%	27	471
$26.00	Oct 30	$0.60	0.41	2.5%	2.37%	4.89%	273	100
$25.50	Oct 23	$0.74	0.49	0.6%	2.92%	3.47%	3	27
$27.00	Oct 30	$0.34	0.27	6.5%	1.34%	7.81%	11	26
$26.50	Oct 30	$0.40	0.33	4.5%	1.58%	6.07%	260	2
$26.00	Oct 23	$0.51	0.40	2.5%	2.01%	4.53%	2	1.2K
$26.00	Oct 16	$0.46	0.38	2.5%	1.81%	4.34%	26.5K	80.2K
$27.50	Oct 30	$0.25	0.21	8.4%	0.99%	9.42%	2	22
$26.50	Oct 23	$0.34	0.31	4.5%	1.34%	5.84%	--	4.4K
$25.50	Oct 16	$0.60	0.48	0.6%	2.37%	2.92%	455	19

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 85,952

Total Puts 28,204

Put/Call Ratio 0.33

Net Difference 57,748

Prior's Put/Call Breakdown

Total Calls 49,421

Total Puts 16,351

Put/Call Ratio 0.33

Net Difference 33,070

Prior 7-Day Put/Call Summary

Total Calls 501,438

Total Puts 309,386

Average Put/Call Ratio 0.75

Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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