KRE Options History — March 2022

In March 2022, KRE traded between $67.39 and $73.51. ATM implied volatility averaged 34.3%, placing in the 55.3% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded below realized volatility by 6.6% (HV 20d: 40.9%). Max pain ranged from $67.00 to $74.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 3.03.

Notable Days

2022-03-09: Highest Volume — 112,536 contracts
2022-03-04: Largest IV spike — 15.8% change
2022-03-01: Highest IV Rank — 100.0%
2022-03-07: Largest Expected Move — 15.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$70.67	$67.39	$73.51	$70.14	$69.02
Max Pain	$72.09	$67.00	$74.00	$74.00	$71.00
ATM IV	34.3%	26.8%	46.1%	39.3%	28.1%
Expected Move	10.3%	7.9%	15.4%	12.2%	8.2%
HV 20d	40.9%	34.5%	44.3%	35.0%	34.5%
HV 60d	31.8%	29.7%	33.3%	29.7%	32.6%
IV Rank	55.3%	20.7%	100.0%	100.0%	26.1%
IV Percentile	78.1%	33.3%	100.0%	100.0%	54.0%
Term Structure	-0.3%	-1.3%	0.6%	-0.2%	0.6%
VWIV	37.5%	28.1%	53.0%	43.9%	32.1%
Skew 25d	7.9%	5.6%	11.1%	9.1%	6.0%
Skew 10d	15.8%	10.2%	22.2%	17.1%	10.2%
Call IV 25d	31.3%	24.6%	41.5%	35.6%	25.4%
Put IV 25d	39.2%	30.2%	52.6%	44.7%	31.3%
Bid-Ask Spread %	14.76	4.31	44.59	23.59	4.31
Gamma HHI	0.06	0.05	0.09	0.06	0.07
Net GEX	-29.6M	-66.7M	-317.9K	-31.5M	-66.7M
Net DEX	526.5M	170.4M	1.06B	630.7M	839.5M
Net VEX	-7.9M	-8.2M	-7.7M	-7.9M	-8.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.03	0.83	7.19	3.98	6.00
Total Volume	65,067.435	35,011	112,536	61,340	68,925
Total OI	784,232.13	677,228	993,039	749,913	750,883

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-03-01	$70.14	$74.00	39.3%	12.2%	35.0%	100.0%	43.9%	9.1%	-0.2%	-31.5M	630.7M	-7.9M	3.98	23.59	12,328	49,012	251,151	498,762
2022-03-02	$73.51	$74.00	35.4%	10.7%	38.2%	77.8%	40.9%	7.5%	-0.8%	-16.0M	170.4M	-7.9M	1.75	5.48	15,684	27,491	253,085	518,510
2022-03-03	$72.54	$74.00	36.8%	11.4%	38.5%	85.9%	42.4%	8.6%	-0.8%	-21.6M	309.1M	-8.0M	2.42	4.90	14,870	35,989	257,483	521,489
2022-03-04	$69.60	$74.00	42.7%	13.4%	41.2%	100.0%	49.7%	10.3%	-1.3%	-37.4M	793.0M	-8.1M	3.99	19.12	16,602	66,208	258,738	527,493
2022-03-07	$67.39	$74.00	46.1%	15.4%	41.6%	100.0%	52.6%	11.1%	-0.4%	-45.8M	1.06B	-8.1M	2.10	44.59	19,121	40,207	257,820	547,100
2022-03-08	$67.80	$74.00	44.8%	14.5%	41.7%	94.7%	53.0%	10.6%	-0.9%	-47.1M	1.01B	-8.0M	3.05	35.15	20,068	61,174	262,263	549,773
2022-03-09	$70.35	$74.00	39.9%	12.7%	43.0%	74.6%	42.5%	9.5%	-0.5%	-36.6M	660.9M	-8.0M	1.09	11.72	53,816	58,720	269,236	546,164
2022-03-10	$69.71	$74.00	39.3%	12.3%	43.0%	72.0%	43.0%	9.6%	-1.2%	-37.4M	728.7M	-8.1M	3.59	16.09	17,493	62,869	312,483	550,998
2022-03-11	$70.05	$74.00	38.8%	12.0%	43.1%	69.9%	44.3%	9.3%	-0.7%	-29.2M	648.3M	-8.0M	2.69	11.16	14,835	39,954	314,785	548,464
2022-03-14	$70.21	$73.00	39.8%	10.5%	43.1%	74.3%	36.2%	9.3%	-0.9%	-30.3M	610.0M	-7.8M	2.03	9.60	12,458	25,274	309,384	540,731
2022-03-15	$70.55	$73.00	37.0%	10.0%	43.2%	62.5%	36.4%	8.6%	-0.1%	-31.8M	576.0M	-7.7M	1.85	10.21	29,416	54,366	310,496	542,490
2022-03-16	$72.30	$73.00	34.0%	9.4%	43.3%	50.4%	33.6%	6.9%	-0.8%	-317.9K	263.1M	-7.9M	1.07	11.48	25,643	27,328	332,734	571,166
2022-03-17	$71.94	$0.00	32.8%	9.2%	43.2%	45.3%	32.4%	7.3%	-0.2%	-14.6M	338.1M	-7.8M	4.22	5.14	20,458	86,275	340,574	577,741
2022-03-18	$72.14	$72.00	29.7%	8.5%	42.1%	32.7%	31.9%	6.8%	-0.2%	-6.7M	399.4M	-7.9M	1.55	24.81	27,575	42,777	347,526	645,513
2022-03-21	$70.76	$67.00	29.8%	8.5%	42.6%	32.9%	29.8%	7.2%	0.2%	-24.6M	416.9M	-7.9M	1.65	18.34	18,342	30,349	214,970	462,258
2022-03-22	$72.38	$67.00	27.2%	8.1%	43.5%	22.5%	31.6%	6.7%	0.0%	-13.7M	183.6M	-7.7M	3.50	13.09	14,308	50,099	220,214	463,499
2022-03-23	$70.08	$69.00	29.0%	8.5%	44.3%	29.7%	30.2%	6.6%	0.1%	-28.3M	492.2M	-7.8M	0.83	8.76	36,563	30,528	222,308	459,267
2022-03-24	$70.32	$71.00	28.4%	8.4%	43.8%	27.4%	29.4%	6.6%	0.4%	-25.8M	465.1M	-7.8M	2.19	7.85	10,965	24,046	227,452	467,138
2022-03-25	$71.53	$71.00	27.6%	8.0%	40.7%	24.0%	28.1%	6.2%	0.4%	-23.0M	269.6M	-7.8M	2.12	10.78	14,337	30,414	228,450	470,637
2022-03-28	$70.85	$71.00	27.6%	8.1%	40.8%	24.0%	31.9%	6.3%	0.4%	-35.1M	420.3M	-7.8M	5.18	7.43	8,095	41,952	203,914	473,679
2022-03-29	$72.38	$71.00	26.8%	7.9%	36.5%	20.7%	35.4%	5.6%	0.4%	-25.8M	216.2M	-7.7M	5.70	9.11	8,682	49,505	204,532	491,556
2022-03-30	$69.90	$71.00	27.8%	8.2%	34.5%	25.0%	31.3%	6.0%	0.6%	-51.0M	608.6M	-8.0M	7.19	26.67	9,941	71,489	205,200	507,230
2022-03-31	$69.02	$71.00	28.1%	8.2%	34.5%	26.1%	32.1%	6.0%	0.6%	-66.7M	839.5M	-8.2M	6.00	4.31	9,842	59,083	207,248	543,635