KRE Options History — January 2022

In January 2022, KRE traded between $70.39 and $78.60. ATM implied volatility averaged 29.3%, placing in the 41.0% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 3.2% (HV 20d: 26.1%). Max pain ranged from $70.00 to $80.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 1.44.

Notable Days

  • 2022-01-14: Highest Volume — 155,683 contracts
  • 2022-01-21: Largest IV spike — 9.5% change
  • 2022-01-24: Highest IV Rank — 69.4%
  • 2022-01-27: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$74.50$70.39$78.60$71.94$71.08
Max Pain$78.20$70.00$80.00$70.00$78.00
ATM IV29.3%24.8%34.6%24.9%31.4%
Expected Move8.5%6.8%10.4%6.8%9.3%
HV 20d26.1%24.4%27.7%24.6%27.4%
HV 60d26.7%25.1%27.9%25.1%26.1%
IV Rank41.0%16.5%69.4%17.4%52.6%
IV Percentile52.4%8.7%89.3%9.9%75.8%
Term Structure0.0%-0.7%0.5%0.4%-0.4%
VWIV31.1%24.7%39.1%24.7%33.8%
Skew 25d6.2%4.2%13.8%4.2%6.9%
Skew 10d12.1%8.6%17.5%9.0%13.8%
Call IV 25d27.1%23.3%31.7%23.5%28.5%
Put IV 25d33.3%27.5%44.9%27.7%35.4%
Bid-Ask Spread %18.425.3151.646.835.31
Gamma HHI0.070.050.100.090.07
Net GEX8.1M-24.1M45.7M11.5M-21.9M
Net DEX-289.0M-1.11B577.6M-226.9M428.8M
Net VEX-8.8M-9.6M-7.9M-8.0M-8.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.440.292.810.780.67
Total Volume75,921.5542,612155,68354,53962,008
Total OI849,538.4708,696987,285763,359708,785

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-01-03$71.94$70.0024.9%6.8%24.6%17.4%24.7%4.2%0.4%11.5M-226.9M-8.0M0.786.8330,66323,876286,177477,182
2022-01-04$74.48$70.0024.8%6.8%25.0%16.5%24.9%4.2%0.3%30.1M-614.7M-7.9M1.1247.6238,82843,553289,661479,692
2022-01-05$74.01$70.0026.6%7.3%25.2%26.4%25.8%4.8%0.0%24.6M-519.9M-8.2M1.4151.6450,07770,701303,143504,907
2022-01-06$76.58$80.0027.0%7.8%27.7%28.4%28.7%5.3%0.4%29.3M-864.8M-8.6M0.8423.2358,76549,276327,086540,903
2022-01-07$77.33$80.0027.0%7.9%27.3%28.5%31.8%4.9%0.1%45.7M-993.2M-9.4M1.2517.6149,18961,252350,685573,952
2022-01-10$76.77$80.0028.1%8.1%27.5%34.6%31.5%5.5%0.5%28.3M-775.3M-9.6M1.0217.4131,30331,916344,522585,825
2022-01-11$77.31$80.0026.5%7.7%26.0%25.5%28.3%5.0%0.5%35.4M-899.7M-9.3M1.109.1526,21028,816346,430585,855
2022-01-12$77.81$80.0025.7%7.4%26.0%21.3%29.1%4.8%0.3%36.8M-972.9M-9.2M1.2428.5631,81039,512346,883592,086
2022-01-13$78.06$80.0027.1%7.8%26.0%29.1%29.1%5.5%0.2%32.2M-1.01B-9.2M1.5422.4631,85349,154350,327610,618
2022-01-14$78.60$80.0026.5%7.6%25.9%25.5%28.3%4.7%-0.0%38.6M-1.11B-8.7M0.298.47121,12434,559353,457633,828
2022-01-18$77.14$80.0028.9%8.3%25.2%38.5%30.1%5.5%-0.5%14.2M-582.4M-8.5M0.878.0826,94323,527304,486619,711
2022-01-19$75.26$80.0029.1%8.4%24.4%40.0%29.7%5.2%-0.6%-2.6M-196.6M-8.8M0.916.7027,61825,178301,541625,501
2022-01-20$73.30$80.0029.7%8.6%25.0%43.1%30.5%5.4%-0.7%-13.9M139.0M-8.8M1.225.6328,66634,886304,042621,728
2022-01-21$71.82$80.0032.5%9.4%26.3%58.4%31.5%6.7%-0.7%-24.1M379.1M-8.9M1.5611.7730,95648,330305,617623,886
2022-01-24$72.23$80.0034.6%10.2%26.0%69.4%34.0%13.8%0.2%-22.0M376.0M-8.9M2.8121.2431,58188,727252,768487,159
2022-01-25$73.04$78.0034.2%10.1%26.1%67.1%36.8%8.3%-0.5%-19.3M299.1M-9.3M2.6526.6413,16034,833259,835510,417
2022-01-26$71.95$80.0033.7%10.3%26.6%64.5%36.4%8.2%0.4%-18.7M325.2M-8.7M2.5829.9313,54734,954259,336480,796
2022-01-27$70.93$80.0034.4%10.4%27.1%69.1%39.1%8.1%-0.1%-21.3M463.4M-8.5M2.5713.1113,56134,907250,901457,795
2022-01-28$70.39$78.0033.5%9.9%27.2%64.5%38.0%7.6%0.2%-20.9M577.6M-8.5M2.386.9412,60130,011257,830475,415
2022-01-31$71.08$78.0031.4%9.3%27.4%52.6%33.8%6.9%-0.4%-21.9M428.8M-8.4M0.675.3137,04324,965246,172462,613