KRE Options History — April 2023

In April 2023, KRE traded between $40.84 and $44.25. ATM implied volatility averaged 40.2%, placing in the 32.7% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 5.0% (HV 20d: 45.2%). Max pain ranged from $43.00 to $49.00. Net GEX was positive for 1 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 1.74.

Notable Days

  • 2023-04-04: Highest Volume — 393,901 contracts
  • 2023-04-17: Largest IV drop — 11.7% change
  • 2023-04-04: Highest IV Rank — 42.7%
  • 2023-04-04: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.63$40.84$44.25$43.36$42.64
Max Pain$43.84$43.00$49.00$49.00$43.00
ATM IV40.2%35.4%46.2%44.4%37.9%
Expected Move11.6%10.1%13.9%13.2%11.4%
HV 20d45.2%29.4%67.5%67.5%32.9%
HV 60d44.4%43.8%45.4%44.1%45.1%
IV Rank32.7%24.8%42.7%39.8%29.0%
IV Percentile89.9%84.9%94.0%93.7%89.3%
Term Structure-1.0%-1.9%0.4%-0.5%-1.1%
VWIV40.1%34.8%46.4%45.0%39.9%
Skew 25d8.0%5.5%10.3%9.7%7.5%
Skew 10d15.8%10.5%21.2%19.1%14.4%
Call IV 25d36.6%31.9%41.3%40.1%35.2%
Put IV 25d44.6%38.3%51.5%49.7%42.7%
Bid-Ask Spread %2.992.005.692.693.78
Gamma HHI0.110.090.250.100.09
Net GEX-33.1M-77.1M6.5M-30.1M-30.2M
Net DEX1.79B1.16B2.37B2.10B1.26B
Net VEX-10.9M-11.7M-10.0M-11.7M-11.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.740.545.590.650.75
Total Volume181,078.57966,543393,90186,000249,228
Total OI2,253,851.4211,697,4772,546,6002,379,6611,839,974

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-04-03$43.36$49.0044.4%13.2%67.5%39.8%45.0%9.7%-0.5%-30.1M2.10B-11.7M0.652.6952,19433,8061,106,8391,272,822
2023-04-04$42.16$48.0046.2%13.9%67.4%42.7%44.3%10.3%-1.1%-47.7M2.37B-11.0M5.592.3059,809334,0921,129,1341,268,840
2023-04-05$42.03$48.0044.6%13.5%67.5%40.1%46.4%8.8%-1.2%-50.2M2.32B-10.7M0.902.3492,38783,2851,146,5281,255,510
2023-04-06$42.64$43.0044.6%12.0%63.5%40.1%40.2%9.0%-1.2%-33.6M2.04B-11.4M0.573.47143,08981,1861,194,6891,276,843
2023-04-10$42.84$43.0043.5%12.0%61.7%38.2%43.5%9.1%-1.2%-26.4M1.87B-11.4M0.752.6639,29229,5921,102,6111,245,207
2023-04-11$43.14$43.0042.7%11.8%46.9%36.9%41.1%9.3%-1.2%-24.5M1.80B-11.4M0.632.2540,75025,7931,110,0091,256,844
2023-04-12$42.58$43.0041.9%11.5%47.0%35.7%40.7%9.1%-1.9%-30.4M2.00B-10.9M3.052.4538,169116,2571,132,7141,257,110
2023-04-13$43.14$43.0042.4%11.8%47.4%36.5%39.3%8.1%-1.6%-18.5M1.74B-11.4M0.542.56135,71973,5611,145,8481,259,740
2023-04-14$42.16$43.0040.1%11.3%45.5%32.6%37.8%6.9%-0.8%-77.1M2.07B-10.7M0.972.72130,250125,8491,269,8711,276,729
2023-04-17$43.45$43.0035.4%10.1%40.9%24.8%34.8%7.0%-0.0%-20.9M1.68B-10.9M1.702.0043,40273,5971,159,7921,248,596
2023-04-18$42.59$43.0035.8%10.2%41.5%25.5%36.5%7.1%0.4%-36.2M1.90B-10.4M2.863.0659,956171,2701,169,1301,232,775
2023-04-19$44.25$43.0035.5%10.2%38.0%24.9%36.8%5.5%-0.7%6.5M1.16B-11.4M2.043.20105,077214,4001,203,3951,268,438
2023-04-20$43.42$43.0035.9%10.4%32.7%25.7%36.3%6.3%-1.1%-17.4M1.52B-11.1M2.452.4643,631106,9291,225,6731,260,708
2023-04-21$42.86$43.0035.7%10.3%30.9%25.2%36.1%6.4%-0.3%-41.3M1.70B-10.6M1.192.2760,80072,1091,232,4001,240,627
2023-04-24$42.75$43.0036.4%10.6%29.4%26.4%38.2%7.4%-0.9%-26.8M1.39B-10.6M1.742.7246,15980,258721,535975,942
2023-04-25$40.84$43.0040.1%11.8%32.6%32.7%41.3%7.6%-1.4%-38.7M1.82B-10.0M1.904.7278,223148,925751,2751,000,168
2023-04-26$41.09$43.0042.5%12.6%32.7%36.6%44.3%8.8%-1.5%-40.0M1.71B-10.3M2.635.6945,041118,655759,2691,011,374
2023-04-27$41.97$43.0037.7%11.0%33.1%28.7%39.3%7.3%-1.3%-46.2M1.49B-10.7M2.233.4227,15360,600775,0621,039,156
2023-04-28$42.64$43.0037.9%11.4%32.9%29.0%39.9%7.5%-1.1%-30.2M1.26B-11.0M0.753.78142,436106,792784,4971,055,477