KRE Options History — February 2007

In February 2007, KRE traded between $48.58 and $50.99. ATM implied volatility averaged 49.5%. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 38.4% (HV 20d: 11.2%). Max pain ranged from $51.00 to $51.00. Net GEX was positive for 18 of 18 trading days. Term structure was in contango for 0 of 18 days.

Notable Days

  • 2007-02-02: Largest IV spike — 158.7% change
  • 2007-02-28: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.22$48.58$50.99$49.76$48.92
Max Pain$51.00$51.00$51.00$51.00$51.00
ATM IV49.5%23.9%75.5%23.9%59.3%
Expected Move12.7%6.9%17.0%6.9%17.0%
HV 20d11.2%8.1%15.2%13.1%15.2%
Term Structure-23.0%-37.3%-8.9%-8.9%-37.3%
Skew 25d9.7%-1.2%14.4%0.4%2.2%
Skew 10d12.1%-1.2%20.0%1.1%2.2%
Call IV 25d51.5%33.8%74.9%33.8%74.9%
Put IV 25d61.1%34.2%77.0%34.2%77.0%
Bid-Ask Spread %186.38158.62194.85158.62194.85
Gamma HHI0.410.400.450.450.40
Net GEX3.6K2.8K5.4K5.4K3.2K
Net DEX-54.6K-66.8K-35.4K-46.7K-39.4K
Net VEX-414-437-373-433-375
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI4141414141

Daily Data (18 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-02-01$49.76$0.0023.9%6.9%13.1%0.0%0.0%0.4%-8.9%5.4K-46.7K-4330.00158.62003110
2007-02-02$50.05$51.0062.0%10.5%12.9%0.0%0.0%9.0%-12.4%2.9K-40.8K-4270.00189.26003110
2007-02-06$50.16$51.0072.2%11.0%12.9%0.0%0.0%9.6%-13.5%2.8K-43.2K-4250.00188.69003110
2007-02-07$50.42$51.0075.5%11.1%10.6%0.0%0.0%10.3%-17.3%3.7K-60.6K-4370.00186.34003110
2007-02-08$50.38$51.0039.2%11.2%10.6%0.0%0.0%10.3%-18.2%3.7K-59.9K-4350.00187.42003110
2007-02-09$49.90$51.0039.9%11.4%11.1%0.0%0.0%8.9%-19.6%3.6K-53.6K-4290.00190.75003110
2007-02-12$50.03$51.0041.7%11.9%11.1%0.0%0.0%9.6%-20.9%3.6K-55.0K-4230.00190.11003110
2007-02-13$50.39$51.0042.2%12.1%11.0%0.0%0.0%10.9%-20.7%3.7K-59.6K-4250.00187.42003110
2007-02-14$50.44$51.0042.8%12.3%11.0%0.0%0.0%11.2%-21.2%3.7K-60.2K-4230.00186.55003110
2007-02-15$50.51$51.0043.0%12.3%10.4%0.0%0.0%11.5%-23.5%3.8K-60.9K-4210.00186.99003110
2007-02-16$50.73$51.0043.7%12.5%10.0%0.0%0.0%12.4%-23.7%3.8K-63.7K-4180.00184.88003110
2007-02-20$50.99$51.0046.9%13.5%9.5%0.0%0.0%14.1%-26.2%3.9K-66.8K-4100.00183.34003110
2007-02-21$50.84$51.0048.0%13.7%9.6%0.0%0.0%13.8%-27.5%3.9K-64.8K-4030.00184.52003110
2007-02-22$50.95$51.0048.9%14.0%9.3%0.0%0.0%14.4%-24.7%3.2K-53.0K-4010.00184.02003110
2007-02-23$50.67$51.0050.1%14.4%9.3%0.0%0.0%13.7%-30.0%3.8K-62.4K-4030.00186.19003110
2007-02-26$50.30$51.0054.8%15.7%8.1%0.0%0.0%13.0%-32.3%3.7K-57.3K-3970.00190.05003110
2007-02-27$48.58$51.0057.7%16.6%15.2%0.0%0.0%-1.2%-36.9%3.0K-35.4K-3730.00194.85003110
2007-02-28$48.92$51.0059.3%17.0%15.2%0.0%0.0%2.2%-37.3%3.2K-39.4K-3750.00194.85003110