KRE Options History — April 2018

In April 2018, KRE traded between $59.31 and $62.65. ATM implied volatility averaged 22.7%, placing in the 46.4% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded below realized volatility by 4.4% (HV 20d: 27.1%). Max pain ranged from $61.00 to $63.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 2.46.

Notable Days

  • 2018-04-19: Highest Volume — 82,717 contracts
  • 2018-04-27: Largest IV drop — 8.2% change
  • 2018-04-02: Highest IV Rank — 76.9%
  • 2018-04-02: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.84$59.31$62.65$59.31$61.91
Max Pain$61.81$61.00$63.00$63.00$62.00
ATM IV22.7%19.2%26.7%26.7%19.6%
Expected Move6.6%5.7%8.2%8.2%5.9%
HV 20d27.1%20.5%31.3%27.2%20.5%
HV 60d24.6%23.5%25.2%23.5%25.1%
IV Rank46.4%20.0%76.9%76.9%23.3%
IV Percentile75.5%15.5%96.8%96.8%25.8%
Term Structure-0.2%-0.7%0.3%-0.2%0.0%
VWIV23.3%19.7%28.3%27.7%20.0%
Skew 25d4.1%3.2%5.0%4.7%3.7%
Skew 10d8.3%6.4%11.0%10.3%6.4%
Call IV 25d21.0%17.6%24.9%24.9%17.9%
Put IV 25d25.1%21.3%29.6%29.6%21.6%
Bid-Ask Spread %4.663.166.744.874.12
Gamma HHI0.090.080.100.080.10
Net GEX44.8M13.9M105.4M19.2M74.9M
Net DEX-425.7M-938.2M-58.7M-117.3M-692.2M
Net VEX-7.5M-8.0M-6.7M-7.6M-7.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.460.935.561.445.56
Total Volume46,477.85722,86382,71740,25335,960
Total OI870,700.19825,847934,057825,847921,120

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-04-02$59.31$63.0026.7%8.2%27.2%76.9%27.7%4.7%-0.2%19.2M-117.3M-7.6M1.444.8716,50023,753524,323301,524
2018-04-03$60.01$63.0025.0%7.5%27.3%63.8%27.7%4.8%-0.4%27.9M-249.1M-7.8M3.433.1610,59836,320535,314301,905
2018-04-04$60.87$63.0023.7%7.1%27.4%54.5%28.3%4.8%-0.2%41.0M-426.9M-8.0M2.584.7710,64527,425539,127298,104
2018-04-05$61.18$62.0023.4%6.6%27.4%51.7%23.7%4.9%-0.2%46.8M-465.4M-8.0M2.645.8813,16534,711541,802301,072
2018-04-06$59.33$62.0025.1%7.2%29.0%64.7%25.9%5.0%-0.3%13.9M-58.7M-7.5M2.795.8410,00027,882539,903309,580
2018-04-09$59.69$62.0025.2%7.0%28.1%65.5%23.9%4.8%-0.6%24.0M-178.4M-7.4M1.815.2912,02621,749538,368299,514
2018-04-10$60.56$62.0024.1%6.7%28.9%57.2%23.1%4.3%-0.7%35.3M-344.4M-7.5M1.086.7419,23620,850539,475305,303
2018-04-11$60.24$62.0024.4%6.9%28.8%59.3%24.9%4.3%-0.3%29.3M-278.0M-7.4M1.945.337,78515,078542,751308,189
2018-04-12$61.48$62.0023.3%6.7%29.7%51.2%23.2%3.5%0.3%53.2M-585.3M-7.7M0.995.0519,09518,973546,104309,585
2018-04-13$60.30$62.0022.9%6.6%30.3%48.5%23.1%3.9%0.2%32.2M-280.9M-7.4M2.446.1911,74228,648554,139313,676
2018-04-16$60.75$62.0021.8%6.2%30.4%40.1%21.4%3.6%0.2%39.5M-365.0M-7.2M3.553.949,26832,941554,904302,776
2018-04-17$59.97$61.0021.5%6.2%30.5%37.8%22.8%3.8%-0.2%22.9M-162.3M-6.8M3.703.599,79736,284555,857306,818
2018-04-18$59.70$61.0021.7%6.2%30.5%38.9%22.5%3.9%0.1%16.6M-112.2M-6.7M3.733.997,37027,523556,939309,302
2018-04-19$60.74$61.0021.9%6.3%31.3%40.2%22.2%3.7%0.1%38.1M-359.1M-7.1M1.254.5336,78645,931558,054314,835
2018-04-20$61.07$61.0021.7%6.2%28.7%39.1%22.6%3.9%-0.1%52.1M-468.5M-7.4M2.533.9019,15448,392574,909331,626
2018-04-23$61.64$61.0020.5%5.9%25.4%29.8%19.7%3.8%-0.4%55.0M-580.7M-7.2M0.933.9030,28228,170559,187313,154
2018-04-24$61.86$61.0021.8%6.4%23.0%39.6%21.7%3.2%-0.5%65.5M-692.0M-7.6M1.153.9737,14242,658580,610320,795
2018-04-25$62.16$61.5021.9%6.5%21.3%40.3%23.2%3.5%-0.6%72.5M-781.8M-7.9M1.194.6225,05529,907590,639323,141
2018-04-26$62.20$61.5020.9%6.2%21.3%33.0%22.6%3.4%-0.5%75.9M-803.4M-7.8M2.354.8314,18633,360602,925323,298
2018-04-27$62.65$62.0019.2%5.7%21.2%20.0%20.0%3.6%-0.3%105.4M-938.2M-7.7M4.563.387,13732,551606,628327,429
2018-04-30$61.91$62.0019.6%5.9%20.5%23.3%20.0%3.7%0.0%74.9M-692.2M-7.4M5.564.125,48130,479602,764318,356