KRE Options History — June 2023

In June 2023, KRE traded between $39.53 and $44.73. ATM implied volatility averaged 36.5%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded below realized volatility by 8.3% (HV 20d: 44.7%). Max pain ranged from $40.00 to $42.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.89.

Notable Days

  • 2023-06-14: Highest Volume — 314,516 contracts
  • 2023-06-02: Largest IV drop — 5.6% change
  • 2023-06-01: Highest IV Rank — 29.9%
  • 2023-06-01: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.06$39.53$44.73$39.86$41.05
Max Pain$41.02$40.00$42.00$42.00$41.00
ATM IV36.5%34.8%38.5%38.5%35.3%
Expected Move10.5%9.9%11.1%11.1%9.9%
HV 20d44.7%41.3%50.3%50.3%41.3%
HV 60d47.1%43.4%55.8%54.2%43.6%
IV Rank26.6%23.7%29.9%29.9%24.6%
IV Percentile76.8%69.0%81.0%81.0%69.0%
Term Structure0.1%-0.9%0.9%-0.9%-0.3%
VWIV37.7%35.2%40.7%40.7%35.2%
Skew 25d4.9%3.8%7.6%7.6%4.1%
Skew 10d9.2%6.9%12.3%12.3%8.0%
Call IV 25d34.8%32.7%36.1%35.4%34.1%
Put IV 25d39.6%37.2%43.0%43.0%38.2%
Bid-Ask Spread %3.061.895.441.892.83
Gamma HHI0.090.060.330.060.09
Net GEX3.0M-52.7M63.8M-17.1M3.5M
Net DEX698.6M-442.8M1.64B1.30B1.12B
Net VEX-12.8M-13.7M-11.6M-11.8M-12.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.890.635.904.341.12
Total Volume152,22762,484314,516221,85562,484
Total OI2,246,510.2381,887,7682,653,3232,308,3892,018,873

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-06-01$39.86$42.0038.5%11.1%50.3%29.9%40.7%7.6%-0.9%-17.1M1.30B-11.8M4.341.8941,575180,2801,028,1291,280,260
2023-06-02$42.25$42.0036.3%10.8%48.1%26.4%38.8%5.4%-0.9%20.1M438.5M-13.2M0.922.2593,08385,4851,038,9901,329,172
2023-06-05$41.16$40.0037.1%10.8%44.7%27.6%36.9%5.4%0.1%6.3M897.0M-12.4M1.883.1938,07871,6571,023,2641,289,163
2023-06-06$43.20$40.0036.5%10.7%46.6%26.6%37.9%4.9%0.1%25.8M184.5M-13.3M1.033.11115,021117,9721,036,9331,305,763
2023-06-07$44.73$40.0036.7%10.4%47.3%27.0%37.3%4.0%0.0%37.7M-442.8M-13.6M0.703.52175,136123,3071,061,1101,348,102
2023-06-08$44.13$40.0036.5%10.7%47.5%26.6%38.0%3.8%0.4%37.9M-222.7M-13.7M2.025.4449,13799,4451,110,5981,385,050
2023-06-09$43.30$40.0036.1%10.7%47.1%26.0%39.6%3.9%0.6%15.1M200.3M-13.2M1.953.1366,319129,4581,081,4751,408,320
2023-06-12$43.20$40.0037.9%11.0%47.1%29.0%39.7%5.7%0.5%20.0M288.1M-13.1M2.003.3087,907175,9101,078,1731,393,662
2023-06-13$44.06$40.0036.4%10.3%46.2%26.5%37.8%4.9%-0.6%29.7M-34.4M-13.6M1.583.2466,055104,2791,106,0551,485,632
2023-06-14$43.02$40.0036.5%10.5%47.2%26.7%37.2%4.7%-0.1%13.3M453.1M-13.6M5.903.7545,577268,9391,121,1051,499,942
2023-06-15$43.80$41.0035.4%10.2%41.7%24.7%37.0%4.6%-0.2%26.0M144.3M-13.6M0.673.8366,68144,8131,121,7661,523,434
2023-06-16$43.02$42.0034.8%10.1%42.5%23.7%38.4%4.4%0.5%63.8M572.3M-13.2M1.112.9561,89768,4941,122,0841,531,239
2023-06-20$42.14$42.0036.0%10.3%42.5%25.9%37.3%5.9%0.9%-17.2M977.1M-12.8M2.262.5829,81067,345743,5931,147,445
2023-06-21$41.63$42.0035.4%10.1%41.4%24.8%35.3%5.1%0.4%-27.2M1.06B-12.5M2.462.5632,32579,422749,2681,158,610
2023-06-22$40.17$42.0037.0%10.6%43.1%27.4%37.4%5.2%0.6%-46.3M1.46B-11.8M2.802.6137,006103,464762,7161,163,875
2023-06-23$39.53$42.0037.3%10.7%42.8%28.0%37.6%5.5%0.1%-52.7M1.64B-11.6M2.232.2730,59168,344774,0571,187,523
2023-06-26$40.30$42.0036.8%10.5%43.3%27.1%39.6%3.8%-0.3%-25.9M1.26B-11.8M1.493.0031,57647,007755,9251,131,843
2023-06-27$40.91$41.5036.6%10.4%43.4%26.8%36.2%4.2%0.5%-19.8M1.13B-12.2M0.632.8441,65926,282769,4551,148,368
2023-06-28$40.55$41.0036.6%10.4%43.6%26.8%36.8%4.6%0.4%-22.1M1.24B-12.0M1.402.7927,70738,831793,5721,155,876
2023-06-29$41.28$41.0036.4%10.4%42.0%26.4%37.5%4.2%-0.0%-8.9M999.1M-12.6M1.223.1543,34353,066815,9941,190,301
2023-06-30$41.05$41.0035.3%9.9%41.3%24.6%35.2%4.1%-0.3%3.5M1.12B-12.2M1.122.8329,48732,997819,1231,199,750