KRE Options History — May 2019

In May 2019, KRE traded between $50.15 and $56.60. ATM implied volatility averaged 23.5%, placing in the 36.1% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 0.4% (HV 20d: 23.1%). Max pain ranged from $54.00 to $54.50. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 14.73.

Notable Days

  • 2019-05-06: Highest Volume — 179,722 contracts
  • 2019-05-13: Largest IV spike — 24.1% change
  • 2019-05-13: Highest IV Rank — 50.7%
  • 2019-05-31: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.66$50.15$56.60$55.27$50.15
Max Pain$54.02$54.00$54.50$54.00$54.00
ATM IV23.5%19.7%26.9%20.4%26.4%
Expected Move6.9%5.8%8.1%6.2%8.1%
HV 20d23.1%20.0%25.9%20.0%25.9%
HV 60d23.4%21.8%25.2%21.8%25.1%
IV Rank36.1%19.9%50.7%22.9%48.7%
IV Percentile74.0%50.4%89.3%57.5%86.5%
Term Structure-0.2%-1.4%1.7%0.5%-0.9%
VWIV26.2%20.0%30.3%20.9%30.3%
Skew 25d5.1%3.3%6.1%3.7%5.1%
Skew 10d10.5%6.5%13.6%6.5%9.2%
Call IV 25d21.2%18.2%24.4%19.0%24.4%
Put IV 25d26.3%21.5%29.6%22.8%29.6%
Bid-Ask Spread %10.914.4317.307.449.15
Gamma HHI0.120.090.160.090.16
Net GEX-68.9M-111.3M4.3M-23.8M-111.3M
Net DEX617.2M-166.3M1.27B125.8M1.27B
Net VEX-5.3M-5.6M-4.7M-4.8M-5.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio14.730.6767.990.766.56
Total Volume61,874.18217,235179,72259,66656,848
Total OI807,275.818752,604895,432755,158789,970

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$55.27$54.0020.4%6.2%20.0%22.9%20.9%3.7%0.5%-23.8M125.8M-4.8M0.767.4433,83125,835169,049586,109
2019-05-02$55.74$54.0020.9%6.3%20.1%24.9%21.7%4.0%-0.1%-6.1M33.2M-5.0M2.287.9011,06725,256194,967590,980
2019-05-03$56.60$54.5019.7%5.8%20.2%19.9%20.0%3.3%0.3%4.3M-166.3M-4.8M1.864.4328,31052,595195,996604,222
2019-05-06$56.59$54.0020.8%6.1%20.2%24.7%26.5%4.0%0.2%-6.7M-81.4M-4.7M67.9910.402,605177,117180,800571,804
2019-05-07$55.38$54.0023.9%7.1%22.0%37.8%23.1%6.1%-0.2%-41.0M303.3M-5.5M1.6913.6716,50427,860180,394665,667
2019-05-08$55.08$54.0023.2%6.8%21.1%34.9%26.1%5.1%-0.2%-47.7M365.5M-5.3M4.678.9010,98651,302170,147670,728
2019-05-09$55.08$54.0023.6%6.9%20.9%36.7%28.8%5.9%-0.3%-45.2M351.5M-5.1M12.6713.605,69772,164169,574666,979
2019-05-10$54.93$54.0021.6%6.5%21.0%28.2%24.6%4.5%0.1%-47.1M378.8M-5.2M0.6713.7511,5647,803169,847698,795
2019-05-13$52.68$54.0026.9%7.6%24.6%50.7%28.0%5.9%0.0%-83.8M917.2M-5.3M23.3317.302,51558,684168,795687,000
2019-05-14$53.67$54.0023.8%7.0%24.8%37.8%29.2%5.4%0.5%-65.7M671.5M-5.5M15.6212.097,122111,258179,013674,343
2019-05-15$52.86$54.0023.6%7.0%24.1%36.7%27.9%5.6%0.5%-87.0M915.1M-5.6M14.469.401,90327,511180,412683,483
2019-05-16$53.44$54.0022.7%6.8%24.5%33.0%25.7%4.8%1.7%-81.9M774.4M-5.5M5.2910.056,95736,831182,227701,434
2019-05-17$53.16$54.0023.3%6.9%24.1%35.6%24.6%5.2%1.1%-94.2M846.7M-5.5M17.9214.111,79932,242180,679714,753
2019-05-20$53.28$54.0023.7%6.8%24.0%37.1%28.2%5.5%-0.5%-91.2M783.3M-5.5M26.1012.4395724,974111,767646,717
2019-05-21$53.75$54.0022.6%6.5%22.5%32.5%25.7%5.3%-0.8%-88.1M667.6M-5.3M18.8814.681,27524,067112,300654,041
2019-05-22$53.09$54.0023.1%6.6%22.8%34.5%29.0%5.5%-1.0%-92.9M758.8M-5.2M11.9513.651,33115,904112,683647,919
2019-05-23$51.65$54.0026.4%7.6%24.6%48.6%27.3%5.8%-1.4%-106.1M1.11B-5.3M33.1413.104,210139,531112,840650,713
2019-05-24$52.60$54.0024.1%7.0%25.4%39.0%25.7%5.3%-1.1%-98.3M827.7M-5.3M21.088.285,317112,104114,549654,656
2019-05-28$51.91$54.0024.9%7.5%24.7%42.1%27.8%5.3%-1.0%-100.8M896.8M-5.3M4.179.263,45614,401113,641647,858
2019-05-29$52.27$54.0024.8%7.5%24.9%42.0%27.7%5.9%-0.8%-92.1M806.1M-5.2M24.738.472,50161,838116,633656,072
2019-05-30$51.23$54.0025.7%7.8%25.6%45.8%28.5%5.7%-1.1%-108.5M1.03B-5.4M8.247.964,89440,306116,810662,702
2019-05-31$50.15$54.0026.4%8.1%25.9%48.7%30.3%5.1%-0.9%-111.3M1.27B-5.3M6.569.157,51749,331117,885672,085