KRE Options History — August 2019

In August 2019, KRE traded between $48.36 and $52.94. ATM implied volatility averaged 26.6%, placing in the 47.9% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded below realized volatility by 2.6% (HV 20d: 29.2%). Max pain ranged from $51.00 to $54.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 7.10.

Notable Days

  • 2019-08-21: Highest Volume — 305,379 contracts
  • 2019-08-05: Largest IV spike — 23.2% change
  • 2019-08-23: Highest IV Rank — 64.1%
  • 2019-08-27: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.24$48.36$52.94$52.94$50.09
Max Pain$52.20$51.00$54.00$54.00$51.00
ATM IV26.6%23.8%30.4%23.8%26.0%
Expected Move7.8%7.0%8.9%7.2%8.0%
HV 20d29.2%26.7%31.7%27.0%27.4%
HV 60d24.0%23.2%24.8%24.0%23.7%
IV Rank47.9%36.9%64.1%37.5%43.7%
IV Percentile83.1%69.0%96.0%69.0%79.4%
Term Structure-0.5%-1.6%1.4%-0.7%-0.6%
VWIV29.6%23.4%35.0%25.9%31.9%
Skew 25d7.2%5.0%8.8%5.0%7.0%
Skew 10d14.6%10.3%18.1%10.3%13.9%
Call IV 25d23.4%21.1%26.5%21.8%22.9%
Put IV 25d30.6%26.8%34.6%26.8%29.9%
Bid-Ask Spread %16.663.5666.1115.373.56
Gamma HHI0.140.110.480.120.12
Net GEX-93.0M-210.5M-61.1M-71.7M-91.5M
Net DEX1.10B651.8M1.59B651.8M1.10B
Net VEX-5.2M-6.0M-4.7M-4.7M-5.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.100.3773.850.7816.09
Total Volume68,398.8645,398305,37970,19465,315
Total OI849,023.591706,070946,921711,034946,921

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$52.94$54.0023.8%7.2%27.0%37.5%25.9%5.0%-0.7%-71.7M651.8M-4.7M0.7815.3739,43730,757140,831570,203
2019-08-02$52.31$54.0024.1%7.0%26.7%39.0%23.9%5.4%-0.8%-101.4M832.6M-4.8M3.5166.1116,54558,088151,744586,628
2019-08-05$50.84$53.0029.7%8.2%28.1%63.1%30.6%8.1%-1.0%-78.2M1.05B-4.9M3.5915.2215,68956,372151,169554,901
2019-08-06$51.08$53.0027.0%7.7%28.1%51.4%32.6%7.6%-0.4%-81.5M977.3M-4.9M2.0719.4320,30442,025167,824577,775
2019-08-07$50.53$53.0027.8%7.8%28.0%54.8%31.3%7.3%-0.3%-82.2M1.09B-4.8M3.5819.2146,543166,768182,024603,873
2019-08-08$51.41$53.0024.4%7.3%28.7%40.0%29.5%6.2%-0.0%-69.9M867.9M-5.3M0.5520.8632,61618,010222,199695,629
2019-08-09$51.34$53.0024.1%7.1%28.2%38.6%24.0%5.9%-0.3%-85.0M912.8M-5.1M1.6520.0913,40322,074200,149695,245
2019-08-12$50.19$53.0027.5%8.1%28.2%51.9%35.0%8.0%0.8%-104.2M1.23B-5.0M1.9818.467,49314,863190,970694,269
2019-08-13$50.59$53.0025.0%7.3%28.4%40.7%29.0%7.2%0.4%-108.9M1.11B-4.8M9.1520.073,91035,777193,062700,092
2019-08-14$49.19$53.0029.2%8.5%29.8%59.4%32.9%8.8%0.4%-111.2M1.50B-4.9M7.0318.4017,577123,564194,053712,101
2019-08-15$48.61$52.0028.9%8.3%29.6%57.8%31.5%8.5%-0.7%-107.7M1.59B-4.8M2.6618.0514,80539,449209,571726,221
2019-08-16$49.95$52.0025.9%7.7%31.2%44.2%28.5%7.2%1.4%-210.5M1.20B-4.8M0.6715.0034,91023,308222,365719,982
2019-08-19$50.64$51.0024.3%7.0%31.7%36.9%25.8%7.0%-0.9%-61.1M751.3M-4.7M0.3711.1520,5137,520148,780574,363
2019-08-20$49.91$51.0025.9%7.5%31.7%43.4%27.8%7.4%-1.2%-71.2M905.0M-4.7M4.8814.144,50221,991149,043579,276
2019-08-21$50.15$51.0025.4%7.3%29.8%41.5%27.2%7.2%-1.3%-68.4M847.1M-4.7M73.8513.684,080301,299152,750583,055
2019-08-22$50.32$51.0024.8%7.1%29.9%38.3%23.4%6.9%-0.8%-79.2M981.7M-5.9M1.4210.607,28010,308154,858743,651
2019-08-23$48.74$52.0030.4%8.8%30.3%64.1%32.4%7.4%-1.6%-90.2M1.36B-6.0M5.0811.2510,02950,902152,782754,208
2019-08-26$48.98$52.0028.4%8.6%30.5%55.0%29.7%7.3%-0.7%-90.1M1.33B-5.9M1.5213.522,1423,256150,988745,583
2019-08-27$48.36$51.5028.7%8.9%29.9%56.4%32.2%7.6%-0.6%-94.8M1.47B-5.9M8.9210.326,54658,420153,103750,582
2019-08-28$49.02$51.0028.0%8.6%30.6%53.0%31.9%7.5%-0.7%-95.8M1.34B-6.0M2.026.914,3358,747155,941778,104
2019-08-29$50.06$51.0025.8%7.9%27.6%42.7%33.6%6.9%-0.6%-90.2M1.10B-5.9M4.875.223,97119,332159,039782,612
2019-08-30$50.09$51.0026.0%8.0%27.4%43.7%31.9%7.0%-0.6%-91.5M1.10B-5.9M16.093.563,82261,493161,715785,206