KRE Options History — April 2021

In April 2021, KRE traded between $64.77 and $69.30. ATM implied volatility averaged 29.2%, placing in the 1.6% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 2.8% (HV 20d: 26.4%). Max pain ranged from $64.00 to $68.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 2.10.

Notable Days

  • 2021-04-28: Highest Volume — 74,517 contracts
  • 2021-04-20: Largest IV spike — 7.2% change
  • 2021-04-20: Highest IV Rank — 7.8%
  • 2021-04-05: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.25$64.77$69.30$66.42$68.42
Max Pain$67.60$64.00$68.00$64.00$68.00
ATM IV29.2%25.8%32.7%31.5%26.9%
Expected Move8.4%7.3%9.3%8.7%7.7%
HV 20d26.4%24.3%31.7%31.7%24.8%
HV 60d29.3%28.2%32.9%32.9%28.4%
IV Rank1.6%0.0%7.8%0.0%2.7%
IV Percentile0.6%0.0%3.2%0.0%0.8%
Term Structure-0.2%-3.5%0.4%-0.1%-0.2%
VWIV29.9%26.1%32.8%30.7%29.2%
Skew 25d2.0%1.0%2.9%1.9%2.0%
Skew 10d4.7%0.9%8.0%4.2%4.7%
Call IV 25d28.8%25.5%32.0%31.1%26.5%
Put IV 25d30.7%27.3%34.2%32.9%28.6%
Bid-Ask Spread %12.105.9723.457.985.97
Gamma HHI0.080.060.120.100.07
Net GEX7.2M-10.1M27.0M14.5M17.1M
Net DEX-409.7M-699.4M-7.2M-512.7M-386.5M
Net VEX-3.8M-4.3M-3.5M-3.9M-4.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.100.099.880.292.83
Total Volume27,332.4299,16674,51720,41123,508
Total OI539,726.286402,839641,527555,196586,872

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-04-01$66.42$64.0031.5%8.7%31.7%0.0%30.7%1.9%-0.1%14.5M-512.7M-3.9M0.297.9815,7974,614258,943296,253
2021-04-05$66.92$68.0032.7%9.3%30.3%2.4%31.9%2.2%-0.0%16.5M-575.7M-3.8M0.6520.406,8874,460257,604287,082
2021-04-06$66.91$68.0031.8%9.1%27.8%0.5%32.8%2.6%-0.1%14.4M-558.8M-3.7M2.7023.459,79626,470263,258304,379
2021-04-07$66.42$68.0031.1%9.0%27.1%0.0%31.7%2.5%0.1%8.7M-463.3M-3.9M2.6622.725,95615,862266,510325,377
2021-04-08$66.65$68.0030.5%8.7%26.4%0.0%31.3%1.6%0.1%11.2M-498.3M-3.9M1.4519.186,8949,965268,969334,745
2021-04-09$67.24$68.0029.5%8.5%26.5%0.0%29.9%2.2%-0.2%18.3M-598.4M-3.8M0.837.996,4135,297267,463333,638
2021-04-12$67.97$68.0029.7%8.5%25.7%0.4%30.7%2.0%-0.1%20.3M-699.4M-3.7M2.817.564,68013,166264,069328,363
2021-04-13$66.76$68.0029.9%8.6%26.0%0.9%29.9%1.3%-0.1%7.2M-521.3M-3.6M1.669.8815,68425,958270,254339,685
2021-04-14$67.41$68.0029.3%8.5%26.0%0.0%29.5%1.4%0.2%14.3M-625.8M-3.6M2.9321.317,29121,359274,100342,418
2021-04-15$66.87$68.0028.8%8.3%26.0%0.0%29.5%1.6%0.2%-3.0M-496.7M-3.6M1.0615.124,4484,718272,922368,214
2021-04-16$67.74$68.0027.4%7.9%26.4%0.0%28.6%1.0%0.4%14.1M-603.2M-3.5M0.099.7548,9034,277272,148369,379
2021-04-19$67.24$68.0028.7%8.2%26.5%3.0%28.9%1.6%0.1%431.5K-233.6M-3.5M4.5715.373,31715,161159,135243,704
2021-04-20$64.77$68.0030.8%8.8%27.0%7.8%32.3%2.6%0.2%-10.0M-7.2M-3.6M1.687.6413,23722,184160,759256,592
2021-04-21$66.38$67.0029.4%8.4%24.7%4.5%30.2%2.3%0.0%-6.9M-134.8M-3.6M1.2310.996,5828,075163,703265,774
2021-04-22$65.60$67.0029.8%8.5%25.1%5.9%30.8%2.9%-0.0%-10.1M-56.3M-3.8M9.888.642,93529,004167,644268,318
2021-04-23$67.94$67.0028.5%8.2%26.4%3.0%29.9%1.9%-0.0%-3.2M-244.3M-3.8M1.249.6415,74319,551168,308291,498
2021-04-26$68.27$67.0028.2%8.1%26.2%2.1%28.6%2.1%-0.3%-1.2M-268.8M-4.0M2.277.5311,23825,512175,794300,846
2021-04-27$68.44$67.5027.1%7.8%25.0%0.0%28.4%2.0%-0.1%761.8K-279.7M-4.0M2.339.207,05316,454179,588306,485
2021-04-28$68.59$68.0026.4%7.6%24.3%0.0%26.1%2.2%-3.5%1.5M-305.8M-4.0M0.116.7566,9237,594183,153319,692
2021-04-29$69.30$68.0025.8%7.3%24.4%0.0%26.1%1.8%-0.1%27.0M-532.9M-4.2M0.816.966,1004,915245,186325,428
2021-04-30$68.42$68.0026.9%7.7%24.8%2.7%29.2%2.0%-0.2%17.1M-386.5M-4.3M2.835.976,14217,366245,566341,306