KRE Options History — May 2018

In May 2018, KRE traded between $61.28 and $65.10. ATM implied volatility averaged 18.2%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 3.9% (HV 20d: 14.3%). Max pain ranged from $62.00 to $63.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 1.72.

Notable Days

  • 2018-05-02: Highest Volume — 263,779 contracts
  • 2018-05-29: Largest IV spike — 16.3% change
  • 2018-05-29: Highest IV Rank — 23.5%
  • 2018-05-02: Largest Expected Move — 5.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.48$61.28$65.10$62.09$63.17
Max Pain$62.32$62.00$63.00$62.00$63.00
ATM IV18.2%16.9%19.7%19.5%18.6%
Expected Move5.3%4.9%5.9%5.9%5.5%
HV 20d14.3%10.3%20.2%20.2%14.9%
HV 60d22.1%20.9%25.1%25.1%21.1%
IV Rank12.1%2.3%23.5%22.4%15.3%
IV Percentile9.4%0.4%34.1%23.0%14.3%
Term Structure0.0%-0.7%0.9%0.1%-0.4%
VWIV18.7%16.8%22.0%20.6%19.2%
Skew 25d3.2%2.6%3.9%3.7%3.3%
Skew 10d6.7%5.6%8.7%8.0%6.0%
Call IV 25d16.8%15.7%18.1%17.6%17.3%
Put IV 25d19.9%18.6%21.8%21.3%20.6%
Bid-Ask Spread %3.492.056.303.414.58
Gamma HHI0.120.100.180.100.12
Net GEX129.5M61.1M209.7M76.9M106.9M
Net DEX-1.25B-1.82B-658.0M-722.2M-976.9M
Net VEX-8.7M-9.1M-7.3M-7.3M-8.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.720.164.233.402.45
Total Volume79,145.77333,723263,77940,36367,429
Total OI1,032,608.545926,5011,092,334926,5011,092,334

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-05-01$62.09$62.0019.5%5.9%20.2%22.4%20.6%3.7%0.1%76.9M-722.2M-7.3M3.403.419,16431,199604,206322,295
2018-05-02$62.09$62.0019.5%5.9%19.6%22.2%22.0%3.5%-0.0%77.0M-709.6M-7.4M0.163.09227,57336,206607,571332,426
2018-05-03$61.28$62.0019.3%5.8%20.2%20.5%18.5%3.4%-0.0%61.1M-658.0M-9.1M0.425.39121,50250,722702,606338,378
2018-05-04$62.18$62.0018.6%5.6%17.2%15.3%16.8%2.7%0.3%139.8M-941.1M-9.1M0.685.5076,98452,506682,670345,470
2018-05-07$62.50$62.0018.4%5.5%17.2%13.6%18.6%3.3%0.9%91.0M-949.7M-8.9M2.664.269,21424,509669,673332,734
2018-05-08$62.98$62.0018.1%5.4%16.7%11.3%18.8%3.4%0.6%103.8M-1.09B-8.9M0.884.7827,97124,705671,382333,704
2018-05-09$63.57$62.0017.8%5.2%16.7%9.2%19.5%2.6%0.3%127.5M-1.34B-9.0M4.233.4712,16551,400678,917334,758
2018-05-10$63.70$62.0017.8%5.2%15.3%9.3%18.8%2.6%0.5%127.7M-1.36B-9.0M1.012.0535,10735,597681,067339,577
2018-05-11$63.79$62.0017.1%5.1%13.1%4.3%18.3%2.7%0.7%137.2M-1.41B-8.9M1.582.2027,25943,158689,321341,924
2018-05-14$63.64$62.0017.3%5.0%13.1%5.8%17.1%3.0%0.1%137.2M-1.33B-8.9M0.642.2638,30724,564696,043338,084
2018-05-15$63.87$62.0018.5%5.3%11.8%14.4%18.3%3.1%-0.3%142.3M-1.43B-8.9M1.122.1521,83624,358699,673339,656
2018-05-16$64.24$62.0018.7%5.4%11.5%16.3%17.3%3.3%-0.7%156.4M-1.58B-8.9M1.732.8221,86337,850708,674341,341
2018-05-17$64.43$62.0018.1%5.2%10.3%11.6%19.1%3.0%-0.6%166.3M-1.65B-9.1M1.752.3218,35832,142715,398343,462
2018-05-18$64.04$62.0017.9%5.2%10.8%10.1%18.0%3.0%-0.4%209.7M-1.49B-8.7M0.652.4848,41631,609710,964345,782
2018-05-21$64.61$62.0017.9%5.3%10.7%10.5%17.9%3.3%-0.0%151.4M-1.62B-8.8M1.102.5542,25746,461690,644318,230
2018-05-22$65.10$63.0017.4%5.0%10.9%6.1%17.3%2.9%0.2%167.0M-1.82B-8.8M0.652.5755,02235,959703,856327,536
2018-05-23$64.42$63.0017.3%5.0%11.8%5.3%17.7%3.0%0.1%155.0M-1.55B-8.8M1.623.6719,97932,366722,628330,889
2018-05-24$64.34$63.0016.9%5.0%11.8%2.3%18.9%3.1%0.1%152.0M-1.48B-8.7M3.064.0616,09649,180726,465336,160
2018-05-25$64.11$63.0016.9%4.9%11.8%2.6%19.2%3.0%0.1%142.2M-1.38B-8.5M1.713.1019,02632,497728,924346,177
2018-05-29$62.72$63.0019.7%5.9%13.6%23.5%21.2%3.9%-0.5%91.6M-828.1M-8.1M3.706.3013,89551,359723,005339,024
2018-05-30$63.67$63.0018.3%5.4%14.5%13.4%19.4%3.5%-0.5%128.6M-1.19B-8.3M2.643.7517,42246,015726,305357,455
2018-05-31$63.17$63.0018.6%5.5%14.9%15.3%19.2%3.3%-0.4%106.9M-976.9M-8.2M2.454.5819,55247,877730,580361,754