KBWB · Invesco Ltd.

Track KBWB — free

$97.66 +1.50 (+1.56%) At close · Sep 3

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$14.30B

441.50M

Options Chain

Underlying $97.66 · at close Sep 3, 2026 Options Calculator

Positioning

Sep 18, 2026 · 14 days to expiry · 72 contracts · mixed daily-bar sessions · Feb 19, 2026–Sep 3, 2026; 12 unknown

Put / call OI

1.04

Balanced positioning

Open interest

10,152

as of Sep 2, 2026

Volume

—

dated and unknown daily-bar sessions

Max pain

$94.00

$3.66 below spot

ATM implied vol

24%

market's expected move

Open interest by strike · near the money

Calls Puts

100

105

110

115

120

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Sep 18 14d Oct 16 42d Dec 18 105d Jan 15 133d Mar 19 196d Jan 21 504d

Calls								Puts
OI	Vol	IV	Δ	Bid	Ask	Last	Strike	Last	Bid	Ask	Δ	IV	Vol	OI
1	2	—	—	$50.70	$54.60	$43.38		—	$0.00	$0.60	—	—	—	—
Call · $45 In the money Daily-bar session Jun 2, 2026 Last $43.38 Breakeven $88.38 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 2, 2026 Model this call Put · $45 Daily-bar session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$45.70	$48.90	—		—	$0.00	$0.60	—	—	—	—
Call · $50 In the money Daily-bar session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $50 Daily-bar session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this put
—	—	—	—	$40.70	$44.70	—		$0.50	$0.00	$0.65	—	—	5	5
Call · $55 In the money Daily-bar session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $55 Daily-bar session Mar 23, 2026 Last $0.50 Breakeven $54.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 5 OI effective date Sep 2, 2026 Model this put
2	2	—	—	$35.60	$38.80	$25.90		$0.05	$0.00	$0.10	—	—	1	105
Call · $60 In the money Daily-bar session Apr 8, 2026 Last $25.90 Breakeven $85.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 2, 2026 Model this call Put · $60 Daily-bar session Jul 17, 2026 Last $0.05 Breakeven $59.95 Implied vol — Delta — Gamma — Theta — Vega — Open interest 105 OI effective date Sep 2, 2026 Model this put
6	6	—	—	$30.60	$33.90	$25.70		$2.00	$0.00	$0.60	—	—	1	1
Call · $65 In the money Daily-bar session Jun 4, 2026 Last $25.70 Breakeven $90.70 Implied vol — Delta — Gamma — Theta — Vega — Open interest 6 OI effective date Sep 2, 2026 Model this call Put · $65 Daily-bar session Mar 11, 2026 Last $2.00 Breakeven $63.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 2, 2026 Model this put
1	1	—	—	$25.70	$29.70	$24.60		$1.40	$0.00	$0.60	—	—	6	4
Call · $70 In the money Daily-bar session Jul 8, 2026 Last $24.60 Breakeven $94.60 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 2, 2026 Model this call Put · $70 Daily-bar session Apr 10, 2026 Last $1.40 Breakeven $68.60 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 OI effective date Sep 2, 2026 Model this put
—	—	—	—	$21.70	$24.80	—		$4.20	$0.00	$2.15	—	—	1	1
Call · $74 In the money Daily-bar session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $74 Daily-bar session Mar 6, 2026 Last $4.20 Breakeven $69.80 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 2, 2026 Model this put
—	—	—	—	$20.70	$24.70	—		$2.70	$0.00	$0.05	—	—	20	1k
Call · $75 In the money Daily-bar session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $75 Daily-bar session Apr 8, 2026 Last $2.70 Breakeven $72.30 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1k OI effective date Sep 2, 2026 Model this put
7	7	—	—	$19.70	$23.70	$6.80		$5.30	$0.00	$2.15	—	—	54	54
Call · $76 In the money Daily-bar session Mar 13, 2026 Last $6.80 Breakeven $82.80 Implied vol — Delta — Gamma — Theta — Vega — Open interest 7 OI effective date Sep 2, 2026 Model this call Put · $76 Daily-bar session Mar 13, 2026 Last $5.30 Breakeven $70.70 Implied vol — Delta — Gamma — Theta — Vega — Open interest 54 OI effective date Sep 2, 2026 Model this put
72	5	—	—	$18.70	$22.30	$22.36		$1.21	$0.00	$0.05	—	—	27	89
Call · $77 In the money Daily-bar session Aug 5, 2026 Last $22.36 Breakeven $99.36 Implied vol — Delta — Gamma — Theta — Vega — Open interest 72 OI effective date Sep 2, 2026 Model this call Put · $77 Daily-bar session May 28, 2026 Last $1.21 Breakeven $75.79 Implied vol — Delta — Gamma — Theta — Vega — Open interest 89 OI effective date Sep 2, 2026 Model this put
133	1	—	—	$17.70	$21.30	$11.02		$5.80	$0.00	$2.15	—	—	52	52
Call · $78 In the money Daily-bar session Apr 30, 2026 Last $11.02 Breakeven $89.02 Implied vol — Delta — Gamma — Theta — Vega — Open interest 133 OI effective date Sep 2, 2026 Model this call Put · $78 Daily-bar session Mar 17, 2026 Last $5.80 Breakeven $72.20 Implied vol — Delta — Gamma — Theta — Vega — Open interest 52 OI effective date Sep 2, 2026 Model this put
52	10	—	—	$16.70	$19.90	$20.50		$6.80	$0.00	$2.15	—	—	62	62
Call · $79 In the money Daily-bar session Aug 18, 2026 Last $20.50 Breakeven $99.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 52 OI effective date Sep 2, 2026 Model this call Put · $79 Daily-bar session Mar 13, 2026 Last $6.80 Breakeven $72.20 Implied vol — Delta — Gamma — Theta — Vega — Open interest 62 OI effective date Sep 2, 2026 Model this put
40	3	—	—	$15.70	$19.10	$6.50		$0.15	$0.00	$1.90	—	—	3	175
Call · $80 In the money Daily-bar session Apr 6, 2026 Last $6.50 Breakeven $86.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 40 OI effective date Sep 2, 2026 Model this call Put · $80 Daily-bar session Aug 6, 2026 Last $0.15 Breakeven $79.85 Implied vol — Delta — Gamma — Theta — Vega — Open interest 175 OI effective date Sep 2, 2026 Model this put
43	1	—	—	$14.80	$18.30	$7.45		$3.05	$0.00	$2.15	—	—	2	140
Call · $81 In the money Daily-bar session May 11, 2026 Last $7.45 Breakeven $88.45 Implied vol — Delta — Gamma — Theta — Vega — Open interest 43 OI effective date Sep 2, 2026 Model this call Put · $81 Daily-bar session May 12, 2026 Last $3.05 Breakeven $77.95 Implied vol — Delta — Gamma — Theta — Vega — Open interest 140 OI effective date Sep 2, 2026 Model this put
4	3	—	—	$13.80	$16.70	$5.70		$2.50	$0.00	$0.70	—	—	2	7
Call · $82 In the money Daily-bar session May 18, 2026 Last $5.70 Breakeven $87.70 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 OI effective date Sep 2, 2026 Model this call Put · $82 Daily-bar session Apr 28, 2026 Last $2.50 Breakeven $79.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 7 OI effective date Sep 2, 2026 Model this put
—	1	—	—	$12.80	$16.70	$4.39		$3.50	$0.00	$2.15	—	—	1	1
Call · $83 In the money Daily-bar session Mar 10, 2026 Last $4.39 Breakeven $87.39 Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $83 Daily-bar session May 12, 2026 Last $3.50 Breakeven $79.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 2, 2026 Model this put
33	1	—	—	$11.80	$15.70	$12.61		$6.80	$0.00	$2.20	—	—	56	55
Call · $84 In the money Daily-bar session Sep 2, 2026 Last $12.61 Breakeven $96.61 Implied vol — Delta — Gamma — Theta — Vega — Open interest 33 OI effective date Sep 2, 2026 Model this call Put · $84 Daily-bar session Feb 27, 2026 Last $6.80 Breakeven $77.20 Implied vol — Delta — Gamma — Theta — Vega — Open interest 55 OI effective date Sep 2, 2026 Model this put
71	6	—	—	$10.80	$14.70	$6.40		$0.21	$0.00	$0.90	—	—	10	88
Call · $85 In the money Daily-bar session Jun 2, 2026 Last $6.40 Breakeven $91.40 Implied vol — Delta — Gamma — Theta — Vega — Open interest 71 OI effective date Sep 2, 2026 Model this call Put · $85 Daily-bar session Aug 20, 2026 Last $0.21 Breakeven $84.79 Implied vol — Delta — Gamma — Theta — Vega — Open interest 88 OI effective date Sep 2, 2026 Model this put
43	20	—	—	$9.80	$13.70	$13.62		$0.60	$0.00	$2.20	—	—	1	1
Call · $86 In the money Daily-bar session Jul 15, 2026 Last $13.62 Breakeven $99.62 Implied vol — Delta — Gamma — Theta — Vega — Open interest 43 OI effective date Sep 2, 2026 Model this call Put · $86 Daily-bar session Jul 27, 2026 Last $0.60 Breakeven $85.40 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 OI effective date Sep 2, 2026 Model this put
30	30	—	—	$8.80	$12.80	$6.10		$0.75	$0.00	$0.85	—	—	2	2
Call · $87 In the money Daily-bar session Feb 19, 2026 Last $6.10 Breakeven $93.10 Implied vol — Delta — Gamma — Theta — Vega — Open interest 30 OI effective date Sep 2, 2026 Model this call Put · $87 Daily-bar session Jul 27, 2026 Last $0.75 Breakeven $86.25 Implied vol — Delta — Gamma — Theta — Vega — Open interest 2 OI effective date Sep 2, 2026 Model this put
5	1	—	—	$7.80	$11.80	$8.33		$0.19	$0.00	$0.10	—	—	1	640
Call · $88 In the money Daily-bar session Jun 29, 2026 Last $8.33 Breakeven $96.33 Implied vol — Delta — Gamma — Theta — Vega — Open interest 5 OI effective date Sep 2, 2026 Model this call Put · $88 Daily-bar session Sep 2, 2026 Last $0.19 Breakeven $87.81 Implied vol — Delta — Gamma — Theta — Vega — Open interest 640 OI effective date Sep 2, 2026 Model this put
46	1	—	—	$6.80	$10.60	$2.55		$1.00	$0.00	$1.25	—	—	3	3
Call · $89 In the money Daily-bar session May 15, 2026 Last $2.55 Breakeven $91.55 Implied vol — Delta — Gamma — Theta — Vega — Open interest 46 OI effective date Sep 2, 2026 Model this call Put · $89 Daily-bar session Jul 27, 2026 Last $1.00 Breakeven $88.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 3 OI effective date Sep 2, 2026 Model this put
84	1	—	—	$5.90	$8.10	$10.60		$0.30	$0.00	$0.15	—	—	1	5
Call · $90 In the money Daily-bar session Aug 17, 2026 Last $10.60 Breakeven $100.60 Implied vol — Delta — Gamma — Theta — Vega — Open interest 84 OI effective date Sep 2, 2026 Model this call Put · $90 Daily-bar session Aug 25, 2026 Last $0.30 Breakeven $89.70 Implied vol — Delta — Gamma — Theta — Vega — Open interest 5 OI effective date Sep 2, 2026 Model this put
40	2	22.5%	0.959	$5.50	$8.90	$6.00		$0.72	$0.00	$1.10	—	—	10	15
Call · $91 In the money Daily-bar session Jun 12, 2026 Last $6.00 Breakeven $97.00 Implied vol 22.5% Delta 0.959 ≈96% ITM Gamma 0.02 Theta -0.022 Vega 0.017 Open interest 40 OI effective date Sep 2, 2026 Model this call Put · $91 Daily-bar session Aug 20, 2026 Last $0.72 Breakeven $90.28 Implied vol — Delta — Gamma — Theta — Vega — Open interest 15 OI effective date Sep 2, 2026 Model this put
2	1	22.1%	0.935	$4.60	$7.90	$7.00		$0.68	$0.00	$0.35	—	—	1	5
Call · $92 In the money Daily-bar session Aug 4, 2026 Last $7.00 Breakeven $99.00 Implied vol 22.1% Delta 0.935 ≈94% ITM Gamma 0.03 Theta -0.028 Vega 0.024 Open interest 2 OI effective date Sep 2, 2026 Model this call Put · $92 Daily-bar session Aug 25, 2026 Last $0.68 Breakeven $91.32 Implied vol — Delta — Gamma — Theta — Vega — Open interest 5 OI effective date Sep 2, 2026 Model this put
1	1	19.1%	0.927	$3.50	$7.00	$3.00		$1.10	$0.00	$0.95	—	—	2	85
Call · $93 In the money Daily-bar session Apr 20, 2026 Last $3.00 Breakeven $96.00 Implied vol 19.1% Delta 0.927 ≈93% ITM Gamma 0.038 Theta -0.027 Vega 0.027 Open interest 1 OI effective date Sep 2, 2026 Model this call Put · $93 Daily-bar session Aug 10, 2026 Last $1.10 Breakeven $91.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 85 OI effective date Sep 2, 2026 Model this put
2.9k	2.9k	21.4%	0.853	$2.90	$6.00	$3.32		$0.80	$0.20	$0.75	-0.18	24.7%	1	8
Call · $94 In the money Daily-bar session Aug 21, 2026 Last $3.32 Breakeven $97.32 Implied vol 21.4% Delta 0.853 ≈85% ITM Gamma 0.056 Theta -0.042 Vega 0.044 Open interest 2.9k OI effective date Sep 2, 2026 Model this call Put · $94 Daily-bar session Sep 3, 2026 Last $0.80 Breakeven $93.20 Implied vol 24.7% Delta -0.18 ≈18% ITM Gamma 0.055 Theta -0.043 Vega 0.05 Open interest 8 OI effective date Sep 2, 2026 Model this put
87	2	23.3%	0.769	$2.10	$5.40	$2.20		$1.50	$0.40	$1.00	-0.243	24.7%	1	11
Call · $95 In the money Daily-bar session Aug 31, 2026 Last $2.20 Breakeven $97.20 Implied vol 23.3% Delta 0.769 ≈77% ITM Gamma 0.068 Theta -0.056 Vega 0.059 Open interest 87 OI effective date Sep 2, 2026 Model this call Put · $95 Daily-bar session Aug 19, 2026 Last $1.50 Breakeven $93.50 Implied vol 24.7% Delta -0.243 ≈24% ITM Gamma 0.066 Theta -0.051 Vega 0.06 Open interest 11 OI effective date Sep 2, 2026 Model this put
267	200	18.2%	0.737	$0.60	$4.80	$2.68		$1.85	$0.40	$1.55	-0.314	24.4%	1	2k
Call · $96 In the money Daily-bar session Sep 3, 2026 Last $2.68 Breakeven $98.68 Implied vol 18.2% Delta 0.737 ≈74% ITM Gamma 0.093 Theta -0.048 Vega 0.063 Open interest 267 OI effective date Sep 2, 2026 Model this call Put · $96 Daily-bar session Aug 24, 2026 Last $1.85 Breakeven $94.15 Implied vol 24.4% Delta -0.314 ≈31% ITM Gamma 0.076 Theta -0.056 Vega 0.068 Open interest 2k OI effective date Sep 2, 2026 Model this put
134	1	15.4%	0.656	$1.25	$2.40	$1.20		$2.40	$0.80	$1.90	-0.395	24.5%	2	13
Call · $97 In the money Daily-bar session Sep 3, 2026 Last $1.20 Breakeven $98.20 Implied vol 15.4% Delta 0.656 ≈66% ITM Gamma 0.125 Theta -0.045 Vega 0.071 Open interest 134 OI effective date Sep 2, 2026 Model this call Put · $97 Daily-bar session Aug 10, 2026 Last $2.40 Breakeven $94.60 Implied vol 24.5% Delta -0.395 ≈39% ITM Gamma 0.082 Theta -0.061 Vega 0.074 Open interest 13 OI effective date Sep 2, 2026 Model this put
Underlying $97.66
91	32	23.6%	0.521	$0.75	$3.00	$1.35		$2.85	$1.00	$2.60	-0.479	24.4%	1	22
Call · $98 Daily-bar session Aug 24, 2026 Last $1.35 Breakeven $99.35 Implied vol 23.6% Delta 0.521 ≈52% ITM Gamma 0.088 Theta -0.069 Vega 0.077 Open interest 91 OI effective date Sep 2, 2026 Model this call Put · $98 In the money Daily-bar session Aug 10, 2026 Last $2.85 Breakeven $95.15 Implied vol 24.4% Delta -0.479 ≈48% ITM Gamma 0.085 Theta -0.062 Vega 0.077 Open interest 22 OI effective date Sep 2, 2026 Model this put
435	5	20.1%	0.324	$0.30	$1.30	$0.62		$4.61	$2.30	$3.20	-0.665	21.4%	6	471
Call · $100 Daily-bar session Aug 28, 2026 Last $0.62 Breakeven $100.62 Implied vol 20.1% Delta 0.324 ≈32% ITM Gamma 0.093 Theta -0.053 Vega 0.069 Open interest 435 OI effective date Sep 2, 2026 Model this call Put · $100 In the money Daily-bar session Sep 1, 2026 Last $4.61 Breakeven $95.39 Implied vol 21.4% Delta -0.665 ≈67% ITM Gamma 0.089 Theta -0.047 Vega 0.07 Open interest 471 OI effective date Sep 2, 2026 Model this put
243	1	22.7%	0.067	$0.05	$0.20	$0.14		—	$5.70	$9.50	-0.808	38%	—	—
Call · $105 Daily-bar session Aug 28, 2026 Last $0.14 Breakeven $105.14 Implied vol 22.7% Delta 0.067 ≈7% ITM Gamma 0.03 Theta -0.021 Vega 0.025 Open interest 243 OI effective date Sep 2, 2026 Model this call Put · $105 In the money Daily-bar session Unknown Last — Breakeven — Implied vol 38% Delta -0.808 ≈81% ITM Gamma 0.037 Theta -0.063 Vega 0.052 Open interest — OI effective date — Model this put
60	1	—	—	$0.00	$0.20	$0.20		—	$10.50	$14.30	-0.875	48.6%	—	—
Call · $110 Daily-bar session Aug 13, 2026 Last $0.20 Breakeven $110.20 Implied vol — Delta — Gamma — Theta — Vega — Open interest 60 OI effective date Sep 2, 2026 Model this call Put · $110 In the money Daily-bar session Unknown Last — Breakeven — Implied vol 48.6% Delta -0.875 ≈88% ITM Gamma 0.022 Theta -0.059 Vega 0.039 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$1.75	—		—	$16.10	$19.30	-0.864	69.3%	—	—
Call · $115 Daily-bar session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $115 In the money Daily-bar session Unknown Last — Breakeven — Implied vol 69.3% Delta -0.864 ≈86% ITM Gamma 0.016 Theta -0.093 Vega 0.042 Open interest — OI effective date — Model this put
—	—	—	—	$0.00	$0.75	—		—	$20.50	$24.30	-0.908	73.3%	—	—
Call · $120 Daily-bar session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest — OI effective date — Model this call Put · $120 In the money Daily-bar session Unknown Last — Breakeven — Implied vol 73.3% Delta -0.908 ≈91% ITM Gamma 0.012 Theta -0.072 Vega 0.032 Open interest — OI effective date — Model this put

About this data

Each contract's last price, day range and volume belong to the daily-bar session shown in its details; unknown means the source omitted that timestamp. Open interest has its own effective date shown separately; implied volatility and greeks are model values computed when fetched. This chain has mixed daily-bar sessions · Feb 19, 2026–Sep 3, 2026; 12 unknown. Positioning totals are shown only when every returned open-interest value has the same known effective date. Bid and ask are real-time consolidated OPRA readings.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. The 18 strikes around the money are shown by default — switch to "All 36" for the wings. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 914208 CUSIP G491BT108 13F (30d) 418 filings 410 filers Visit website Investor relations