KRE Options History — January 2019

In January 2019, KRE traded between $47.40 and $53.92. ATM implied volatility averaged 24.2%, placing in the 39.5% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded below realized volatility by 0.0% (HV 20d: 24.3%). Max pain ranged from $47.00 to $55.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 4.63.

Notable Days

  • 2019-01-04: Highest Volume — 99,485 contracts
  • 2019-01-04: Largest IV drop — 9.4% change
  • 2019-01-03: Highest IV Rank — 65.8%
  • 2019-01-02: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.27$47.40$53.92$47.40$52.77
Max Pain$49.36$47.00$55.00$53.00$55.00
ATM IV24.2%20.5%30.3%29.6%20.5%
Expected Move7.1%5.8%9.3%9.3%5.8%
HV 20d24.3%13.9%33.7%33.7%16.3%
HV 60d25.9%24.3%27.6%27.1%24.5%
IV Rank39.5%23.4%65.8%62.4%23.4%
IV Percentile73.3%52.0%96.0%94.0%52.0%
Term Structure-0.3%-1.8%0.5%-0.5%-0.2%
VWIV25.6%19.7%34.5%34.5%19.7%
Skew 25d5.1%4.2%6.2%5.8%4.7%
Skew 10d11.4%8.9%17.7%11.6%9.9%
Call IV 25d22.0%18.6%27.4%27.0%18.7%
Put IV 25d27.1%23.1%33.6%32.9%23.4%
Bid-Ask Spread %3.552.1611.5811.582.55
Gamma HHI0.120.070.370.110.10
Net GEX-17.7M-36.5M28.7M-24.0M-27.6M
Net DEX347.0M-129.6M788.4M788.4M286.3M
Net VEX-2.7M-3.2M-2.5M-2.6M-3.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.630.6814.935.773.04
Total Volume50,241.6196,74299,48539,94043,005
Total OI617,734348,816792,742769,362478,082

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-01-02$47.40$53.0029.6%9.3%33.7%62.4%34.5%5.8%-0.5%-24.0M788.4M-2.6M5.7711.585,90334,037376,665392,697
2019-01-03$47.58$47.0030.3%8.4%28.9%65.8%29.7%6.2%-0.5%-21.7M756.4M-2.6M4.753.029,88346,899378,849403,250
2019-01-04$48.83$48.0027.5%7.8%30.9%53.5%27.4%5.3%-0.2%-28.7M607.7M-2.7M8.303.3510,70088,785379,347400,266
2019-01-07$49.25$48.0027.8%7.9%31.2%55.0%30.0%5.6%-0.2%-24.4M590.2M-2.5M0.943.436,0365,701364,482315,860
2019-01-08$49.53$47.0026.9%7.6%31.2%51.0%25.9%5.9%-0.6%-28.0M593.8M-2.5M4.382.9811,00948,205368,698325,008
2019-01-09$50.00$48.0026.3%7.6%29.9%48.2%26.1%5.3%0.2%-28.7M533.7M-2.7M2.272.9614,68433,320371,301349,573
2019-01-10$49.86$48.0026.5%7.5%29.6%49.0%28.2%5.7%-0.2%-29.0M552.4M-2.6M6.013.1213,29079,890375,706354,036
2019-01-11$50.02$48.0025.5%7.4%29.1%44.8%27.0%5.1%0.5%-20.2M574.3M-2.7M2.922.8912,35936,082382,494376,721
2019-01-14$50.27$49.0025.7%7.4%26.8%45.9%25.0%5.3%-1.8%-35.8M541.1M-2.6M14.933.073,24848,502381,109356,280
2019-01-15$50.57$49.0024.4%7.0%25.7%40.0%25.3%5.3%-0.5%-36.5M519.5M-2.6M6.304.564,91930,999381,149365,728
2019-01-16$51.81$49.0023.3%6.7%26.6%35.4%25.5%5.1%-0.8%-34.6M320.2M-2.6M1.774.0431,69956,152383,893371,032
2019-01-17$52.16$49.0022.5%6.5%26.1%32.0%23.0%4.5%-0.7%-20.4M219.9M-2.6M2.302.7816,62038,186407,177374,541
2019-01-18$53.20$49.0021.3%6.2%22.4%27.0%22.7%4.4%-0.4%-3.9M-129.6M-2.5M0.682.1656,07537,881419,121373,621
2019-01-22$52.69$49.0023.3%7.0%23.1%35.5%24.4%4.7%-0.3%25.8K83.4M-2.5M1.983.4115,46530,567121,073237,026
2019-01-23$52.76$49.0022.2%6.7%20.8%30.7%24.6%5.1%0.0%1.3M87.9M-2.6M6.023.124,64727,960132,124239,133
2019-01-24$52.90$49.0021.8%6.5%19.2%29.0%23.9%5.1%0.1%-595.0K83.0M-2.6M2.623.267,73820,258134,607251,756
2019-01-25$53.59$49.0020.8%6.2%15.5%24.6%23.3%4.5%-0.0%28.7M-13.5M-2.6M1.152.9214,26716,451138,761253,006
2019-01-28$53.91$50.0021.3%6.5%13.9%26.9%24.5%4.6%-0.1%-5.4M30.9M-2.6M0.832.783,6873,055109,740239,076
2019-01-29$53.92$51.0021.1%6.3%14.0%25.8%24.2%4.2%-0.3%-11.6M96.3M-3.1M14.103.243,13944,255118,897321,128
2019-01-30$53.62$52.5020.7%6.3%14.7%24.0%23.5%4.5%0.1%-20.9M165.1M-3.2M6.283.275,43034,086120,800348,601
2019-01-31$52.77$55.0020.5%5.8%16.3%23.4%19.7%4.7%-0.2%-27.6M286.3M-3.2M3.042.5510,65732,348124,232353,850