KRE Options History — March 2007

In March 2007, KRE traded between $46.88 and $49.22. ATM implied volatility averaged 62.7%. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 41.7% (HV 20d: 21.0%). Max pain ranged from $47.00 to $51.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2007-03-28: Highest Volume — 3 contracts
  • 2007-03-16: Largest IV drop — 85.0% change
  • 2007-03-09: Largest Expected Move — 24.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.24$46.88$49.22$48.89$48.12
Max Pain$48.64$47.00$51.00$51.00$51.00
ATM IV62.7%26.1%176.5%61.1%28.2%
Expected Move12.0%7.3%24.8%17.5%8.1%
HV 20d21.0%14.9%24.8%14.9%21.7%
HV 60d17.1%16.8%17.6%16.9%16.8%
Term Structure-51.1%-67.1%-39.2%-39.2%-67.1%
VWIV27.2%21.4%33.0%33.0%21.4%
Skew 25d-5.1%-15.8%1.9%1.9%-5.6%
Skew 10d-5.3%-16.5%1.9%1.9%-6.0%
Call IV 25d55.2%33.2%112.9%77.4%37.8%
Put IV 25d50.1%26.1%109.0%79.2%32.2%
Bid-Ask Spread %185.71171.67195.75194.85182.74
Gamma HHI0.380.350.400.400.35
Net GEX2.6K1.9K3.2K3.2K1.9K
Net DEX-25.7K-38.9K-9.9K-38.9K-9.9K
Net VEX-325-367-290-367-311
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.2270300
Total OI3936414139

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-03-01$48.89$51.0061.1%17.5%14.9%0.0%0.0%1.9%-39.2%3.2K-38.9K-3670.00194.85003110
2007-03-02$48.65$51.0063.2%18.1%15.0%0.0%0.0%-0.8%-42.2%3.0K-36.0K-3660.00195.16003110
2007-03-05$47.43$51.0073.2%21.0%17.0%0.0%0.0%-15.8%-46.8%2.5K-22.2K-3290.00190.05003110
2007-03-06$48.48$51.0074.8%21.4%18.9%0.0%0.0%-3.5%-49.5%3.0K-33.5K-3570.00195.37003110
2007-03-07$48.12$51.0078.8%22.6%18.9%0.0%0.0%-8.6%-55.2%2.8K-29.6K-3400.00193.58003110
2007-03-08$48.39$51.0082.8%23.7%18.9%0.0%0.0%-5.3%-57.7%2.9K-32.6K-3510.00195.75003110
2007-03-09$48.51$51.0086.6%24.8%19.0%0.0%0.0%-3.9%-67.1%3.0K-33.7K-3490.00195.19003110
2007-03-12$48.41$47.00111.1%7.3%18.8%0.0%0.0%-4.6%0.0%3.0K-32.1K-3410.00182.01003110
2007-03-13$46.88$47.00127.5%7.5%21.6%0.0%0.0%-10.4%0.0%2.2K-17.1K-3090.00171.67003110
2007-03-14$47.05$47.00147.0%7.6%21.4%0.0%0.0%-9.8%0.0%2.3K-18.2K-3070.00174.69003110
2007-03-15$47.93$47.00176.5%7.4%22.8%0.0%0.0%-7.0%0.0%2.7K-26.8K-3190.00178.74003110
2007-03-16$47.45$47.0026.4%7.6%22.9%0.0%0.0%-7.9%0.0%1.9K-17.5K-3110.00176.51003110
2007-03-19$47.70$47.0026.5%7.6%22.9%0.0%33.0%-7.2%0.0%2.0K-19.1K-3050.00178.63202610
2007-03-20$48.15$47.0026.6%7.6%23.2%0.0%0.0%-5.2%0.0%2.2K-22.9K-3160.00181.15002610
2007-03-21$49.22$47.0026.1%7.5%24.8%0.0%0.0%-0.2%0.0%2.6K-33.4K-3230.00185.95002610
2007-03-22$49.00$47.0026.4%7.6%24.8%0.0%0.0%-1.3%0.0%2.6K-30.9K-3220.00186.67002610
2007-03-23$49.12$47.0026.5%7.6%24.8%0.0%0.0%-0.7%0.0%3.0K-30.1K-3160.00186.56002610
2007-03-26$48.92$47.0027.0%7.7%24.7%0.0%0.0%-1.8%0.0%2.8K-27.6K-3050.00186.95002610
2007-03-27$48.48$47.0027.6%7.9%21.6%0.0%0.0%-4.0%0.0%2.6K-22.8K-2920.00185.50002610
2007-03-28$48.02$47.0027.9%8.0%21.6%0.0%21.4%-5.8%0.0%2.3K-18.3K-2900.00183.73032610
2007-03-29$48.26$51.0028.0%8.0%21.7%0.0%0.0%-5.0%0.0%2.0K-11.2K-3130.00184.24002613
2007-03-30$48.12$51.0028.2%8.1%21.7%0.0%0.0%-5.6%0.0%1.9K-9.9K-3110.00182.74002613