KWEB · Option chain

KWEB Option Chain

Every listed KWEB strike within 25% of spot, across the next 6 expirations — calls and puts side by side with last price, volume and open interest, plus the closing bid and ask.

Open interest and pricing as of the close on 2026-09-03. Recomputed every morning before the open.

Spot

$25.54

Call open interest

369,831

Put open interest

259,624

Put/call (volume)

0.50

35,974 contracts changed hands across these expirations — 24,030 calls against 11,944 puts. Calls outtraded puts 2.01 to one.

Sep 11, 20266 days

call OI 16,014 · put OI 3,749

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
—	4.80 / 6.00	—	—	20	—	0.00 / 0.43	—	1
—	3.80 / 5.00	—	1	21	—	0.00 / 0.63	—	—
—	2.16 / 2.95	—	—	23	—	0.00 / 0.84	—	33
—	1.68 / 2.27	—	3	23.5	—	0.00 / 0.15	—	—
—	1.07 / 1.80	—	10	24	—	0.00 / 0.05	—	66
—	0.62 / 1.35	—	—	24.5	0.05	0.03 / 0.07	306	147
0.72	0.63 / 0.95	3	35	25	0.12	0.09 / 0.14	60	559
0.40	0.34 / 0.49	57	30	25.5	0.30	0.25 / 0.35	56	1,461
0.19	0.18 / 0.22	81	6,701	26	0.75	0.53 / 0.68	1	300
0.08	0.05 / 0.11	17	277	26.5	1.03	0.72 / 1.15	251	200
0.03	0.01 / 0.10	16	489	27	1.63	1.14 / 1.72	20	876
—	0.00 / 0.10	—	277	27.5	—	1.75 / 2.50	—	19
0.04	0.00 / 0.06	50	7,429	28	—	2.05 / 3.25	—	83
—	0.00 / 0.09	—	108	28.5	—	2.56 / 3.10	—	1
0.02	0.00 / 0.02	3	279	29	—	3.05 / 4.25	—	—
—	0.00 / 0.44	—	15	29.5	—	3.55 / 4.75	—	1
—	0.00 / 0.10	—	87	30	—	4.05 / 5.45	—	1
—	0.00 / 0.09	—	32	30.5	—	4.55 / 5.95	—	1
—	0.00 / 0.09	—	185	31	—	5.05 / 6.75	—	—
—	0.00 / 0.63	—	56	31.5	—	5.40 / 7.10	—	—
A dash means the contract did not trade — not a price of zero.

Sep 18, 202613 days

call OI 280,878 · put OI 202,908

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
—	5.25 / 5.90	—	393	20	—	0.00 / 0.07	—	8,605
—	4.10 / 4.80	—	122	21	—	0.00 / 0.08	—	8,579
3.60	3.40 / 3.80	10	31	22	0.04	0.00 / 0.08	66	2,626
—	2.15 / 2.78	—	782	23	—	0.02 / 0.05	—	11,100
—	1.66 / 2.37	—	—	23.5	—	0.00 / 0.13	—	9
1.75	1.40 / 1.81	25	2,693	24	0.10	0.04 / 0.10	32	27,312
—	1.08 / 1.42	—	—	24.5	—	0.12 / 0.17	—	85
0.90	0.79 / 0.95	18	7,246	25	0.27	0.10 / 0.29	5	43,579
—	0.44 / 0.80	—	7	25.5	0.46	0.23 / 0.70	19	1,201
0.36	0.27 / 0.44	60	5,521	26	0.73	0.51 / 0.78	64	37,723
0.20	0.20 / 0.24	27	7,667	26.5	1.07	0.96 / 1.16	20	54
0.12	0.09 / 0.14	238	46,581	27	1.49	1.36 / 1.71	120	16,557
0.06	0.04 / 0.08	17	718	27.5	—	1.82 / 2.47	—	—
0.04	0.03 / 0.05	191	47,924	28	2.61	2.32 / 2.66	57	23,579
0.02	0.00 / 0.08	2	61	28.5	—	2.80 / 3.45	—	—
0.01	0.00 / 0.06	100	32,686	29	3.75	3.30 / 3.80	1	20,215
—	0.00 / 0.25	—	62	29.5	—	3.60 / 4.45	—	1
0.02	0.01 / 0.02	61	57,191	30	4.30	4.30 / 4.70	5,446	1,230
—	0.00 / 0.03	—	71,193	31	5.30	5.30 / 5.95	920	453
A dash means the contract did not trade — not a price of zero.

Sep 25, 202620 days

call OI 29,878 · put OI 28,823

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
—	2.85 / 4.05	—	—	22	—	0.00 / 0.50	—	1
—	2.40 / 3.60	—	—	22.5	—	0.00 / 0.52	—	1
—	2.00 / 3.20	—	10	23	0.11	0.03 / 0.12	1	33
—	1.65 / 2.40	—	—	23.5	0.14	0.06 / 0.16	1	108
—	1.27 / 2.00	—	—	24	—	0.10 / 0.17	—	139
—	1.24 / 1.72	—	—	24.5	0.21	0.19 / 0.28	8	42
0.85	0.91 / 1.25	100	101	25	0.36	0.32 / 0.46	6	21,988
0.68	0.63 / 0.83	13	5	25.5	0.68	0.53 / 0.65	2	671
0.51	0.41 / 0.68	4,022	10	26	—	0.62 / 0.95	—	5,281
0.33	0.25 / 0.37	138	65	26.5	—	1.00 / 1.43	—	302
0.20	0.18 / 0.39	9	5,432	27	—	1.40 / 2.11	—	96
0.11	0.10 / 0.15	2	277	27.5	—	1.80 / 2.55	—	11
0.07	0.07 / 0.10	773	6,721	28	—	2.05 / 3.25	—	14
—	0.02 / 0.18	—	117	28.5	—	2.55 / 3.75	—	130
—	0.00 / 0.09	—	7,560	29	—	2.05 / 5.55	—	—
—	0.00 / 0.27	—	61	29.5	—	3.05 / 6.05	—	—
0.02	0.00 / 0.04	3	9,444	30	4.72	2.97 / 5.60	4	—
—	0.00 / 0.06	—	14	30.5	—	3.60 / 7.05	—	2
—	0.00 / 0.48	—	36	31	5.70	5.20 / 6.30	6	2
—	0.00 / 0.48	—	25	31.5	6.24	4.35 / 7.35	6	2
A dash means the contract did not trade — not a price of zero.

Oct 02, 202627 days

call OI 8,911 · put OI 8,756

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
—	2.90 / 4.10	—	—	22	—	0.00 / 0.54	—	2
—	2.40 / 3.60	—	1	22.5	—	0.00 / 0.15	—	—
—	2.00 / 3.20	—	—	23	—	0.05 / 0.13	—	13
—	1.76 / 2.50	—	—	23.5	0.13	0.07 / 0.17	34	33
—	1.35 / 2.10	—	20	24	0.20	0.15 / 0.24	173	42
—	1.30 / 1.76	—	—	24.5	0.31	0.15 / 0.50	1	610
1.11	1.08 / 1.25	20	104	25	0.55	0.37 / 0.55	1	6,894
0.89	0.73 / 0.94	1	—	25.5	0.67	0.44 / 0.72	1	760
0.50	0.51 / 0.85	4	1,461	26	1.05	0.84 / 1.22	2	302
0.35	0.32 / 0.62	1	54	26.5	1.43	1.17 / 1.40	1	10
0.31	0.29 / 0.32	24	5,530	27	—	1.36 / 1.83	—	16
—	0.15 / 0.27	—	103	27.5	—	1.85 / 2.60	—	36
0.13	0.09 / 0.18	26	1,010	28	—	2.05 / 3.25	—	22
—	0.05 / 0.57	—	35	28.5	—	2.55 / 3.75	—	2
—	0.04 / 0.53	—	65	29	—	3.05 / 4.25	—	11
—	0.00 / 0.53	—	7	29.5	—	3.55 / 4.75	—	—
0.07	0.00 / 0.07	1	505	30	—	3.45 / 6.05	—	—
—	0.00 / 0.51	—	1	30.5	—	4.35 / 5.95	—	1
—	0.00 / 0.71	—	9	31	—	3.55 / 7.55	—	1
—	0.00 / 0.71	—	6	31.5	—	4.05 / 8.00	—	1
A dash means the contract did not trade — not a price of zero.

Oct 09, 202634 days

call OI 44 · put OI 1,014

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
—	2.45 / 3.65	—	—	22.5	—	0.02 / 0.20	—	9
—	2.00 / 3.20	—	—	23	0.13	0.09 / 0.17	115	27
—	1.24 / 2.15	—	—	24	0.26	0.23 / 0.30	163	498
—	1.48 / 1.90	—	—	24.5	—	0.34 / 0.48	—	2
—	1.14 / 1.47	—	—	25	0.56	0.49 / 0.71	5	311
0.98	0.80 / 1.16	1	—	25.5	—	0.71 / 0.85	—	160
—	0.55 / 0.94	—	7	26	1.07	0.91 / 1.12	50	3
—	0.38 / 0.71	—	7	26.5	—	1.23 / 1.58	—	3
0.37	0.29 / 0.43	2	9	27	—	1.33 / 1.83	—	—
0.23	0.23 / 0.31	1	2	27.5	—	1.97 / 2.40	—	—
0.22	0.17 / 0.23	51	16	28	—	2.10 / 3.30	—	1
—	0.08 / 0.45	—	1	28.5	—	2.55 / 3.75	—	—
—	0.00 / 0.60	—	2	29	—	3.05 / 4.25	—	—
A dash means the contract did not trade — not a price of zero.

Oct 16, 202641 days

call OI 34,106 · put OI 14,374

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
—	3.25 / 3.90	—	1	22	0.08	0.06 / 0.09	150	441
—	2.37 / 3.05	—	5	23	0.17	0.14 / 0.20	95	3,591
2.06	1.84 / 2.26	2	—	24	0.33	0.14 / 0.36	487	2,171
1.38	1.00 / 1.60	1,223	105	25	0.65	0.44 / 0.68	1,358	6,841
0.83	0.81 / 0.85	13,920	751	26	1.12	0.99 / 1.33	1,758	1,069
0.48	0.41 / 0.52	1,107	14,746	27	1.79	1.68 / 1.88	66	32
0.27	0.21 / 0.33	444	16,501	28	2.72	2.30 / 2.80	6	38
0.15	0.12 / 0.19	586	1,116	29	—	3.30 / 4.00	—	9
0.08	0.04 / 0.13	26	822	30	—	4.25 / 5.00	—	170
0.05	0.03 / 0.06	554	59	31	—	4.25 / 6.95	—	12
A dash means the contract did not trade — not a price of zero.

How to read this chain

Calls sit on the left, puts on the right, and every row is one strike. The highlighted row is the strike closest to spot. Open interest is the number of contracts still outstanding at that strike — positions that exist right now. Volume is how many traded on the session shown. Open interest builds slowly and marks where positioning has accumulated; volume spikes and marks where attention went today.

Strikes with no open interest and no trades on either side are omitted, and the ladder is trimmed to within 25% of spot — the far wings are almost entirely empty and say nothing about positioning.

More on KWEB

KWEB options score KWEB gamma walls KWEB max pain KWEB IV rank KWEB put/call ratio KWEB options flow

Weekly options-market digest

Sundays. What moved this week, what catalysts and earnings drive next week, and which 5-pillar setups stand out.

Free. One email per week. Unsubscribe with one click.

Educational, not investment advice. Options involve risk. Open interest is reported with a one-session lag by OCC, so these levels describe positioning as of the last settled session, not live intraday flow.