KRE Options History — August 2018

In August 2018, KRE traded between $62.09 and $64.36. ATM implied volatility averaged 16.4%, placing in the 7.2% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 3.1% (HV 20d: 13.4%). Max pain ranged from $62.00 to $62.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 2.55.

Notable Days

2018-08-03: Highest Volume — 170,908 contracts
2018-08-15: Largest IV spike — 8.5% change
2018-08-30: Highest IV Rank — 14.8%
2018-08-15: Largest Expected Move — 5.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$63.00	$62.09	$64.36	$62.27	$63.11
Max Pain	$62.00	$62.00	$62.00	$62.00	$62.00
ATM IV	16.4%	15.1%	17.3%	17.1%	16.4%
Expected Move	4.8%	4.5%	5.2%	5.0%	4.8%
HV 20d	13.4%	11.5%	16.8%	16.4%	11.5%
HV 60d	14.3%	13.1%	15.0%	14.3%	13.2%
IV Rank	7.2%	0.0%	14.8%	3.8%	9.2%
IV Percentile	3.6%	0.0%	13.1%	4.4%	4.0%
Term Structure	0.2%	-0.4%	1.3%	-0.3%	0.0%
VWIV	17.0%	15.1%	18.7%	18.6%	18.0%
Skew 25d	3.3%	2.6%	3.8%	3.5%	3.3%
Skew 10d	7.0%	5.6%	8.1%	7.8%	7.3%
Call IV 25d	15.0%	13.7%	16.0%	15.7%	15.1%
Put IV 25d	18.3%	16.3%	19.2%	19.2%	18.4%
Bid-Ask Spread %	3.84	2.21	5.42	2.24	4.64
Gamma HHI	0.09	0.07	0.11	0.08	0.07
Net GEX	26.4M	-7.6M	50.2M	16.6M	18.3M
Net DEX	-604.6M	-892.1M	-405.5M	-469.8M	-574.7M
Net VEX	-6.1M	-6.6M	-5.8M	-6.6M	-6.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.55	0.16	6.32	2.13	3.06
Total Volume	47,082.913	23,904	170,908	31,029	23,904
Total OI	685,629.13	641,667	721,809	688,191	721,809

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2018-08-01	$62.27	$62.00	17.1%	5.0%	16.4%	3.8%	18.6%	3.5%	-0.3%	16.6M	-469.8M	-6.6M	2.13	2.24	9,920	21,109	404,532	283,659
2018-08-02	$62.77	$62.00	16.6%	4.7%	16.6%	0.4%	18.2%	3.5%	-0.4%	27.1M	-595.4M	-6.6M	2.72	2.32	9,965	27,096	405,373	284,446
2018-08-03	$62.24	$62.00	17.0%	4.9%	16.8%	3.3%	18.7%	3.7%	-0.3%	21.0M	-470.3M	-6.4M	0.16	2.53	147,861	23,047	406,237	289,159
2018-08-06	$62.24	$62.00	16.4%	4.9%	14.3%	0.0%	16.0%	3.3%	0.1%	18.7M	-468.5M	-6.4M	0.34	2.24	57,625	19,401	403,906	279,121
2018-08-07	$62.50	$62.00	15.4%	4.8%	13.6%	0.0%	15.1%	2.9%	0.2%	22.8M	-529.4M	-6.2M	3.28	2.21	12,725	41,694	405,404	281,630
2018-08-08	$62.96	$62.00	15.3%	4.6%	13.7%	0.0%	15.9%	3.2%	-0.1%	25.2M	-621.9M	-6.2M	0.30	2.79	60,841	18,261	406,078	290,966
2018-08-09	$62.64	$62.00	15.1%	4.5%	12.9%	0.0%	15.2%	2.6%	0.2%	12.6M	-526.9M	-6.2M	1.33	2.62	13,199	17,602	403,700	294,993
2018-08-10	$62.45	$62.00	16.0%	5.0%	12.4%	6.5%	15.7%	3.2%	0.2%	-7.6M	-471.0M	-6.1M	1.60	4.50	15,754	25,184	404,918	295,457
2018-08-13	$62.09	$62.00	16.7%	5.0%	12.1%	10.8%	17.4%	3.3%	0.7%	11.9M	-405.5M	-6.0M	0.91	4.30	16,584	15,037	405,214	282,719
2018-08-14	$62.95	$62.00	15.9%	4.8%	12.9%	5.3%	16.4%	3.0%	0.7%	33.1M	-634.0M	-6.1M	1.77	4.92	21,719	38,446	407,296	281,625
2018-08-15	$62.27	$62.00	17.2%	5.2%	13.1%	14.6%	17.7%	3.1%	1.1%	10.3M	-460.5M	-6.1M	3.80	4.89	10,557	40,126	414,004	288,411
2018-08-16	$63.28	$62.00	16.2%	4.9%	14.2%	7.8%	16.7%	3.3%	1.2%	41.2M	-727.6M	-6.1M	4.73	4.39	9,086	43,016	416,338	291,012
2018-08-17	$63.44	$62.00	16.2%	4.9%	14.0%	7.5%	16.4%	3.1%	1.3%	41.4M	-737.3M	-6.0M	3.46	3.89	8,316	28,777	412,124	295,524
2018-08-20	$63.65	$62.00	17.0%	4.9%	13.3%	13.2%	17.1%	3.8%	-0.2%	38.0M	-716.6M	-5.9M	2.21	5.42	10,088	22,285	385,675	255,992
2018-08-21	$64.36	$62.00	16.4%	4.7%	12.9%	8.7%	17.2%	3.4%	-0.0%	50.2M	-892.1M	-5.8M	2.45	4.59	7,491	18,324	388,291	262,026
2018-08-22	$64.09	$62.00	16.4%	4.7%	12.5%	8.8%	17.7%	3.3%	0.1%	48.7M	-828.9M	-6.0M	5.75	4.88	4,085	23,469	390,585	262,288
2018-08-23	$63.70	$62.00	16.7%	4.8%	12.7%	11.3%	17.6%	3.8%	-0.1%	38.9M	-728.8M	-6.0M	6.32	4.54	6,294	39,771	391,727	270,580
2018-08-24	$63.52	$62.00	16.5%	4.7%	12.7%	9.5%	17.5%	3.2%	-0.2%	32.2M	-664.8M	-6.0M	3.30	4.80	6,206	20,476	392,594	277,655
2018-08-27	$63.42	$62.00	16.4%	4.8%	12.6%	9.1%	16.9%	3.6%	0.2%	32.2M	-671.3M	-5.8M	1.80	4.03	12,335	22,154	392,273	269,092
2018-08-28	$63.25	$62.00	16.8%	4.9%	12.4%	11.6%	16.3%	3.3%	-0.0%	25.8M	-602.5M	-5.9M	0.66	3.50	23,903	15,816	399,320	278,285
2018-08-29	$63.15	$62.00	16.4%	4.8%	11.8%	9.4%	16.0%	3.5%	0.1%	26.1M	-601.4M	-6.0M	2.49	4.02	8,296	20,636	416,205	280,019
2018-08-30	$62.72	$62.00	17.3%	5.1%	11.7%	14.8%	18.0%	3.5%	0.0%	23.3M	-506.7M	-5.9M	4.01	3.94	8,870	35,556	419,268	281,940
2018-08-31	$63.11	$62.00	16.4%	4.8%	11.5%	9.2%	18.0%	3.3%	0.0%	18.3M	-574.7M	-6.0M	3.06	4.64	5,890	18,014	423,775	298,034