State Street SPDR S&P Insurance ETF (KIE) Put/Call Volume History

Put/call volume ratio compares the number of put options traded to call options traded. Extreme readings can signal shifts in market sentiment relative to recent norms.

State Street SPDR S&P Insurance ETF (KIE) operates in the Financial Services sector, specifically the Asset Management - Global industry, with a market capitalization near $440.5M, listed on AMEX, carrying a beta of 0.63 to the broader market. The State Street SPDR S&P Insurance ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Insurance Select Industry Index (the "Index")Seeks to provide exposure to the insurance segment of the S&P TMI, which comprises the following sub-industries: Insurance Brokers, Life & Health Insurance, Multi-Line Insurance, Property & Casualty Insurance, and ReinsuranceSeeks to track a modified equal weighted index which provides the potential for unconcentrated industry exposure across large, mid and small cap stocksAllows investors to take strategic or tactical positions at a more targeted level than traditional sector based investing public since 2005-11-15.

Snapshot as of May 29, 2026.

Spot Price

$55.39

Call Volume

21

Put Volume

577

Total Volume

598

Put/Call Ratio

27.48

As of May 29, 2026, State Street SPDR S&P Insurance ETF (KIE) traded 598 total options contracts. Volume split was 21 calls and 577 puts. Put/call volume ratio is 27.48. Elevated flow relative to the ticker's recent average can signal institutional positioning, pending news, earnings expectations, or hedging activity. Daily volume is the most responsive short-term gauge of changing demand.

How KIE put/call volume history Data Feeds Strategy Selection

Strategy selection on State Street SPDR S&P Insurance ETF options does not derive from any single metric in isolation. The put/call volume history view above sits inside a broader read: ATM IV currently sits at 20.0% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the put/call volume history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

How to read the KIE volume data

The volume time-series above tracks State Street SPDR S&P Insurance ETF options trading activity day by day. Volume is a flow measure - contracts traded per day across all strikes and expirations - so spikes flag activity, not positioning. Current put/call ratio is 27.48, put-heavy - protective or bearish positioning dominates. Total call OI of 3.2K versus put OI of 39.9K gives a put/call OI ratio of 12.35 - structurally a slower-moving signal than the volume-based ratio.

KIE flow vs positioning

Volume tells you what flows happened today; OI tells you what positions accumulated. Both can move in opposite directions: rising volume with falling OI means contracts are being closed (covering); rising volume with rising OI means new positions are being opened. The combination matters more than either alone for reading sentiment. Combined with the current negative dealer-gamma regime, large OI clusters tend to act as price repellents that accelerate moves through key strikes.

Using KIE OI/volume data alongside other surfaces

Per-strike OI is the input to dealer-gamma calculations: strikes with elevated call OI generate gamma walls that dealers must hedge into as spot approaches them. The gamma-exposure page combines this distribution with the dealers' assumed-long-gamma assumption to project hedge flow. Volume cross-checks recent positioning shifts in the chain that haven't yet shown up in cumulative OI. Pair both with the term-structure view on the volatility page to determine whether the activity is concentrated in near-dated event hedging or longer-dated structural positioning. Front-month expiration for KIE sits at 20 days, so near-dated volume currently dominates the flow reading.

Learn how options volume is reported and how to read the data →

Daily options volume for KIE over the last ~30 trading days. Volume measures contracts traded per day across all strikes and expirations; combined with put/call ratio it tracks directional positioning flow.

Most recent 15 trading days (descending). Older history appears in the chart above.

Frequently asked KIE put/call volume history questions

How much KIE options volume traded today?

As of May 29, 2026, State Street SPDR S&P Insurance ETF (KIE) traded 598 total options contracts, split as 21 calls and 577 puts. Volume measures today's flow only; standing inventory is captured by open interest, which reconciles after the close.

What is the KIE put/call volume ratio?

As of May 29, 2026, the put/call volume ratio is 27.48. Equity-only PCR has three competing interpretations - sentiment-contrarian (extremes signal turning points), hedging-flow (high PCR can be portfolio insurance demand rather than bearish bets), and informed-flow (the volume signal carries short-horizon predictive content per Pan and Poteshman 2006). Resolving which frame applies requires context on whether the flow is opening or closing and which strikes carry the activity.

Is KIE options volume elevated?

Elevated flow relative to the KIE recent average is one of the strongest signals of institutional positioning, pending news, earnings expectations, or hedging activity. The most informative reads combine elevated volume with directional structure (single-leg or vertical), aggressive execution (at the ask or sweep), and an upcoming catalyst on the calendar.