KRE Options History — March 2019

In March 2019, KRE traded between $49.42 and $56.86. ATM implied volatility averaged 20.7%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 1.9% (HV 20d: 18.9%). Max pain ranged from $53.00 to $56.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 6.85.

Notable Days

  • 2019-03-26: Highest Volume — 389,538 contracts
  • 2019-03-22: Largest IV spike — 20.9% change
  • 2019-03-22: Highest IV Rank — 51.6%
  • 2019-03-22: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.57$49.42$56.86$56.86$51.35
Max Pain$54.76$53.00$56.00$55.00$53.00
ATM IV20.7%16.8%27.1%16.8%21.9%
Expected Move6.0%4.7%7.4%4.7%6.4%
HV 20d18.9%12.8%26.8%12.9%26.7%
HV 60d21.0%19.2%24.4%24.4%20.6%
IV Rank24.4%7.3%51.6%7.3%29.3%
IV Percentile53.9%8.7%90.5%8.7%66.7%
Term Structure-0.2%-1.4%0.4%0.2%-0.0%
VWIV21.7%16.5%26.4%16.5%21.5%
Skew 25d4.7%3.2%6.0%3.7%4.7%
Skew 10d9.4%7.3%12.0%9.3%9.1%
Call IV 25d18.8%15.6%25.5%15.6%19.7%
Put IV 25d23.5%19.2%30.9%19.3%24.4%
Bid-Ask Spread %15.683.2175.475.573.21
Gamma HHI0.160.090.330.140.10
Net GEX-74.1M-126.7M-32.3M-32.5M-65.5M
Net DEX707.1M88.8M1.57B88.8M845.3M
Net VEX-4.3M-5.2M-3.6M-4.0M-5.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.851.0720.116.621.25
Total Volume82,607.0954,441389,53860,58882,198
Total OI674,922.048479,701800,255670,623789,869

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-03-01$56.86$55.0016.8%4.7%12.9%7.3%16.5%3.7%0.2%-32.5M88.8M-4.0M6.625.577,95652,632137,474533,149
2019-03-04$56.55$55.0018.2%5.7%12.9%13.4%21.7%4.7%0.1%-32.3M135.7M-4.0M14.875.212,48937,008139,376524,484
2019-03-05$56.53$55.0018.3%5.3%12.8%13.9%20.5%4.2%0.1%-35.6M154.5M-4.0M4.695.665,45825,583140,846530,185
2019-03-06$55.14$55.0020.0%6.3%16.0%21.0%22.8%4.9%0.1%-61.2M473.4M-4.2M7.304.815,84142,663142,571533,491
2019-03-07$54.20$55.0021.2%6.8%17.3%26.6%23.7%5.6%-0.1%-79.6M737.8M-4.2M7.708.267,80960,165142,858557,554
2019-03-08$54.14$55.0021.0%6.5%16.6%25.6%16.5%5.3%-0.3%-83.8M761.1M-4.3M3.6175.476,91024,978144,144567,648
2019-03-11$54.66$56.0019.7%5.5%16.5%20.1%21.0%4.8%-0.7%-87.9M592.4M-4.0M1.1724.2213,09115,296142,097558,838
2019-03-12$54.55$56.0018.9%5.5%16.1%16.6%19.1%4.2%-0.5%-100.3M606.8M-3.9M4.8320.599,21944,552134,229564,890
2019-03-13$55.02$55.0018.3%5.4%15.9%13.7%19.9%4.3%-0.2%-84.2M483.0M-3.8M20.1122.151,54831,133140,701555,444
2019-03-14$55.20$55.0017.9%5.3%15.8%12.0%20.8%4.1%-0.0%-126.7M398.0M-3.6M2.5522.9911,29228,790141,041551,711
2019-03-15$54.80$55.0017.2%5.2%15.8%9.2%19.1%3.2%0.4%-99.5M607.0M-3.7M1.4019.3734,64548,370123,803554,234
2019-03-18$55.61$55.0018.1%5.2%15.5%13.2%18.5%3.6%0.1%-47.8M288.3M-3.8M1.0719.972,1442,29778,621402,249
2019-03-19$54.17$55.0019.9%5.7%17.3%20.7%21.4%4.0%-0.4%-63.9M501.2M-4.0M10.1912.573,32933,92179,202400,499
2019-03-20$52.53$55.0021.0%5.8%19.6%25.5%21.3%4.6%-0.6%-72.8M825.9M-4.1M19.8617.8810,613210,74981,557416,848
2019-03-21$51.73$55.0022.4%6.1%20.0%31.5%24.4%4.5%-0.7%-87.3M1.12B-4.8M5.7610.2116,56195,33288,855522,338
2019-03-22$49.42$54.0027.1%7.4%24.4%51.6%26.1%5.4%-1.4%-80.7M1.57B-4.8M3.7212.1642,105156,741100,188578,116
2019-03-25$49.52$54.0026.5%7.2%24.6%49.2%26.4%6.0%-0.6%-85.5M1.52B-5.0M5.758.8312,69272,950125,306613,838
2019-03-26$50.48$54.0024.4%7.0%26.2%40.3%25.7%5.5%0.1%-86.0M1.29B-5.2M15.128.8724,164365,374135,011621,963
2019-03-27$50.99$54.0023.9%6.7%26.4%38.0%24.6%5.4%-0.2%-70.1M966.5M-5.1M4.848.736,91333,433154,342623,538
2019-03-28$51.44$54.0022.7%6.6%26.8%32.9%24.5%5.2%0.0%-72.2M887.7M-5.1M1.5412.6717,99927,806156,818643,437
2019-03-29$51.35$53.0021.9%6.4%26.7%29.3%21.5%4.7%-0.0%-65.5M845.3M-5.0M1.253.2136,58945,609165,688624,181