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KraneShares KWEB Covered Call Strategy ETF KLIP

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Market dataready · fetched 2026-11-12T01:39:59.417Z

Delta surfaceAlpaca · derived absolute-delta buckets · 2026-11-20

Calculation methodology

Options historyIV: ThetaData historical Greeks, equal-weight mean of call/put 50-delta IV across the next four listed Friday-cycle expirations, including holiday shifts verified against ThetaData’s market calendar. Missing inputs leave gaps. Skew: equal-weight mean of put minus call IV across those four expirations. IV-implied move history: mean of each expiration’s average call/put IV multiplied by the square root of remaining calendar days divided by 365.25; percentage of spot, not a quoted straddle premium.

History data

PriceAlpaca · sip · 2026-11-12T01:00:00.048878358Z

FundamentalsAlpha Vantage · ready · fetched 2026-11-12T01:39:58.947651+00:00

Share price$21.16
1D-0.8%
AH$21.15$21.20$21.25$21.30$21.355:30 AM6:30 AM9:00 AM1:00 PM2:00 PMKLIP
Sold putSold callAH

KraneShares KWEB Covered Call Strategy ETF options

Live interpolated KLIP call and put midpoint premiums by absolute delta.KraneShares KWEB Covered Call Strategy ETF$0.42$0.72$1.03$1.34$1.65$19.04$20.21$21.38$22.55$23.7120Δ25Δ30Δ35Δ40Δ45Δ50Δ55Δ60Δ65Δ70Δ75Δ80ΔOPTION PRICELive KLIP spot · $21.16KLIP PRICE$0.45$0.45$0.45$0.45$0.51$0.57$0.64$0.71$0.84$0.98$1.12$1.26$1.56$0.45$0.45$0.45$0.47$0.49$0.51$0.55$0.59$0.63$0.66$0.70$0.74$0.78
PutsExpensive1.92×
CallsExpensive2.19×
SkewBullish-13.26 pp
Implied moveBullish±$1.19
TiltBullish14.4% CALL
Table
Values and derived Greeks for the plotted delta buckets
DeltaCallsPuts
Pseudo strikeIVB/E movePseudo strikeIVB/E move
20Δ25.85135.2%24.3%18.52113.9%14.6%
25Δ23.99101.9%15.5%19.4687.6%10.1%
30Δ22.7777.6%9.7%20.1069.8%7.2%
35Δ22.1061.7%6.6%20.4360.7%5.7%
40Δ21.7957.0%5.4%20.7651.6%4.2%
45Δ21.5554.3%4.5%21.0344.2%3.0%
50Δ21.3051.5%3.7%21.1441.4%2.7%
55Δ21.0548.8%2.9%21.2538.6%2.4%
60Δ20.8348.1%2.4%21.3635.8%2.0%
65Δ20.6148.0%2.0%21.4733.0%1.7%
70Δ20.3947.9%1.7%21.5830.2%1.3%
75Δ20.1747.7%1.3%21.6927.5%1.0%
80Δ19.8251.9%1.0%21.8024.7%0.7%

20Δ

Calls
Pseudo strike
25.85
IV
135.2%
B/E move
24.3%
Puts
Pseudo strike
18.52
IV
113.9%
B/E move
14.6%

25Δ

Calls
Pseudo strike
23.99
IV
101.9%
B/E move
15.5%
Puts
Pseudo strike
19.46
IV
87.6%
B/E move
10.1%

30Δ

Calls
Pseudo strike
22.77
IV
77.6%
B/E move
9.7%
Puts
Pseudo strike
20.10
IV
69.8%
B/E move
7.2%

35Δ

Calls
Pseudo strike
22.10
IV
61.7%
B/E move
6.6%
Puts
Pseudo strike
20.43
IV
60.7%
B/E move
5.7%

40Δ

Calls
Pseudo strike
21.79
IV
57.0%
B/E move
5.4%
Puts
Pseudo strike
20.76
IV
51.6%
B/E move
4.2%

45Δ

Calls
Pseudo strike
21.55
IV
54.3%
B/E move
4.5%
Puts
Pseudo strike
21.03
IV
44.2%
B/E move
3.0%

50Δ

Calls
Pseudo strike
21.30
IV
51.5%
B/E move
3.7%
Puts
Pseudo strike
21.14
IV
41.4%
B/E move
2.7%

55Δ

Calls
Pseudo strike
21.05
IV
48.8%
B/E move
2.9%
Puts
Pseudo strike
21.25
IV
38.6%
B/E move
2.4%

60Δ

Calls
Pseudo strike
20.83
IV
48.1%
B/E move
2.4%
Puts
Pseudo strike
21.36
IV
35.8%
B/E move
2.0%

65Δ

Calls
Pseudo strike
20.61
IV
48.0%
B/E move
2.0%
Puts
Pseudo strike
21.47
IV
33.0%
B/E move
1.7%

70Δ

Calls
Pseudo strike
20.39
IV
47.9%
B/E move
1.7%
Puts
Pseudo strike
21.58
IV
30.2%
B/E move
1.3%

75Δ

Calls
Pseudo strike
20.17
IV
47.7%
B/E move
1.3%
Puts
Pseudo strike
21.69
IV
27.5%
B/E move
1.0%

80Δ

Calls
Pseudo strike
19.82
IV
51.9%
B/E move
1.0%
Puts
Pseudo strike
21.80
IV
24.7%
B/E move
0.7%

Options history

IV · four-Friday blend33.40%
Daily close
KLIP28.6%51.3%73.9%2026-08-13: 49.93%2026-08-14: 52.22%2026-08-17: 59.15%2026-08-18: 61.03%2026-08-19: 68.40%2026-08-20: 70.80%2026-08-21: 36.48%2026-08-24: 36.93%2026-08-25: 37.58%2026-08-26: 36.93%2026-08-27: 37.24%2026-08-28: 33.97%2026-08-31: 33.97%2026-09-01: 34.10%2026-09-02: 35.50%2026-09-03: 33.63%2026-09-04: 35.63%2026-09-08: 36.93%2026-09-09: 39.32%2026-09-10: 40.68%2026-09-11: 41.93%2026-09-14: 47.28%2026-09-15: 49.68%2026-09-16: 52.95%2026-09-17: 66.78%2026-09-23: 34.48%2026-09-28: 36.32%2026-09-29: 33.46%2026-09-30: 32.91%2026-10-01: 32.33%2026-10-02: 33.85%2026-10-06: 36.53%2026-10-07: 35.93%2026-10-08: 36.74%2026-10-09: 36.46%2026-10-12: 39.87%2026-10-13: 42.52%2026-10-15: 62.50%2026-10-16: 32.35%2026-10-19: 34.68%2026-10-20: 35.28%2026-10-21: 33.40%2026-10-22: 35.16%2026-10-23: 54.10%2026-10-26: 35.25%2026-10-27: 36.08%2026-10-28: 35.45%2026-10-29: 31.74%2026-10-30: 33.40%Aug 13Sep 17Oct 30
49 observations2026-08-13 — 2026-10-30
Table
DateIV (%)
49.93%
52.22%
59.15%
61.03%
68.40%
70.80%
36.48%
36.93%
37.58%
36.93%
37.24%
33.97%
33.97%
34.10%
35.50%
33.63%
35.63%
36.93%
39.32%
40.68%
41.93%
47.28%
49.68%
52.95%
66.78%
34.48%
36.32%
33.46%
32.91%
32.33%
33.85%
36.53%
35.93%
36.74%
36.46%
39.87%
42.52%
62.50%
32.35%
34.68%
35.28%
33.40%
35.16%
54.10%
35.25%
36.08%
35.45%
31.74%
33.40%