KWEB volatility KraneShares CSI China Internet ETF
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.24.9%
HV20How much the stock actually moved, measured from daily closing prices over a past window (annualized). Compare with implied volatility to see what the options market priced versus what happened.22.2%
HV6025.3%
IV − HV20 spread
+2.7pt
Universe percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history).
28
Own-history percentileWhere today's IV30 sits versus its own daily history — 80 means higher than roughly 80% of recorded observations for that period.
4/60 days recorded
Cboe delayed options data · as of 21:51 UTC · How these are computed
IV term structure
At-the-money implied volatility for each listed expiration, plotted by days remaining.
| Expires | DTE | ATM IV | 25Δ skewThe IV gap between 25-delta puts and 25-delta calls for one expiration. Positive skew means downside protection is priced richer than upside exposure. | Implied move |
|---|---|---|---|---|
| Sep 04, 2026 | 1 | 33.5% | +8.8pt | ±1.4% |
| Sep 11, 2026 | 8 | 23.3% | -0.7pt | ±2.8% |
| Sep 18, 2026 | 15 | 23.6% | -1.9pt | ±4.2% |
| Sep 25, 2026 | 22 | 26.1% | -2.2pt | ±5.2% |
| Oct 02, 2026 | 29 | 24.4% | +0.6pt | ±5.5% |
| Oct 09, 2026 | 36 | 27.3% | +1.4pt | ±6.9% |
| Oct 16, 2026 | 43 | 27.9% | -2.7pt | ±7.8% |
| Oct 23, 2026 | 50 | 40.3% | +10.1pt | ±11.9% |
| Nov 20, 2026 | 78 | 29.4% | -0.1pt | ±11.0% |
| Dec 18, 2026 | 106 | 28.9% | +0.5pt | ±12.6% |
| Jan 15, 2027 | 134 | 32.2% | -0.9pt | ±15.6% |
| Feb 19, 2027 | 169 | 29.6% | +0.0pt | ±16.1% |
| Jun 17, 2027 | 287 | 30.7% | -1.0pt | ±21.7% |
| Jan 21, 2028 | 505 | 34.3% | -3.2pt | ±31.4% |
Volatility smile — Sep 18, 2026
Implied volatility by strike. The tilt toward puts (left side higher) is the skew: downside protection priced richer than upside.
callsputs
Implied vs realized, daily record
IV30HV20