KRE Options History — October 2023

In October 2023, KRE traded between $38.61 and $42.38. ATM implied volatility averaged 34.7%, placing in the 23.6% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 10.3% (HV 20d: 24.4%). Max pain ranged from $40.00 to $43.50. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 2.99.

Notable Days

2023-10-25: Highest Volume — 196,148 contracts
2023-10-20: Largest IV spike — 7.7% change
2023-10-27: Highest IV Rank — 29.5%
2023-10-27: Largest Expected Move — 11.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$40.37	$38.61	$42.38	$40.63	$39.66
Max Pain	$40.68	$40.00	$43.50	$43.50	$40.00
ATM IV	34.7%	32.1%	38.2%	33.8%	33.8%
Expected Move	10.1%	9.1%	11.6%	9.9%	10.1%
HV 20d	24.4%	19.7%	30.5%	20.4%	29.8%
HV 60d	24.5%	22.5%	26.5%	26.3%	24.3%
IV Rank	23.6%	19.4%	29.5%	22.1%	22.2%
IV Percentile	65.2%	52.8%	80.6%	61.5%	58.3%
Term Structure	-0.4%	-1.9%	0.5%	-0.3%	0.3%
VWIV	36.9%	32.5%	44.5%	36.9%	40.4%
Skew 25d	6.9%	5.1%	10.2%	6.4%	7.4%
Skew 10d	13.3%	9.8%	19.7%	12.4%	13.8%
Call IV 25d	31.7%	29.7%	34.4%	30.8%	30.4%
Put IV 25d	38.6%	35.2%	43.3%	37.2%	37.8%
Bid-Ask Spread %	1.98	1.75	2.24	1.78	2.18
Gamma HHI	0.09	0.07	0.17	0.09	0.08
Net GEX	-44.1M	-69.2M	-19.8M	-41.2M	-40.4M
Net DEX	1.30B	631.7M	1.97B	1.31B	1.33B
Net VEX	-12.6M	-13.2M	-11.6M	-12.6M	-12.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.99	1.08	7.16	2.80	7.16
Total Volume	123,202.909	62,863	196,148	116,126	95,191
Total OI	1,962,521.727	1,763,732	2,130,355	1,796,039	1,975,701

Daily Data (22 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
2023-10-02	$40.63	$43.50	33.8%	9.9%	20.4%	22.1%	36.9%	6.4%	-0.3%	-41.2M	1.31B	-12.6M	2.80	1.78	30,592	85,534	711,609	1,084,430
2023-10-03	$39.91	$43.50	35.3%	10.4%	20.3%	24.6%	36.3%	6.6%	-0.4%	-46.2M	1.48B	-12.5M	3.12	1.80	41,141	128,425	722,343	1,102,284
2023-10-04	$40.34	$43.00	34.3%	10.1%	19.7%	23.0%	35.4%	6.4%	-0.2%	-49.7M	1.39B	-12.8M	2.98	1.79	31,444	93,690	738,324	1,132,843
2023-10-05	$41.08	$40.00	34.6%	9.9%	20.9%	23.5%	36.3%	6.8%	-0.3%	-41.4M	1.19B	-13.1M	1.89	1.99	44,871	84,996	744,894	1,146,479
2023-10-06	$41.23	$40.00	33.8%	9.6%	20.7%	22.2%	33.5%	6.1%	-0.6%	-32.5M	1.14B	-13.2M	1.89	2.07	33,874	64,182	778,339	1,166,501
2023-10-09	$41.08	$40.00	34.2%	9.8%	20.7%	22.8%	35.7%	6.5%	-0.0%	-43.6M	1.19B	-13.0M	1.35	1.88	44,635	60,449	750,498	1,173,971
2023-10-10	$41.72	$40.00	32.6%	9.2%	21.4%	20.2%	34.2%	5.7%	-0.2%	-37.1M	964.5M	-13.2M	2.11	1.87	31,807	67,099	784,960	1,211,844
2023-10-11	$41.75	$40.00	32.1%	9.1%	21.1%	19.4%	32.5%	5.6%	-0.5%	-39.1M	964.9M	-13.1M	1.94	1.98	29,443	57,034	798,566	1,230,197
2023-10-12	$41.23	$40.00	32.5%	9.3%	20.3%	20.0%	33.8%	5.1%	-0.3%	-54.6M	1.18B	-12.8M	1.46	2.07	46,183	67,459	812,261	1,236,445
2023-10-13	$40.45	$40.00	34.7%	10.0%	21.1%	23.6%	35.2%	6.4%	0.4%	-69.2M	1.49B	-12.7M	2.92	1.75	33,457	97,723	836,158	1,247,548
2023-10-16	$41.42	$40.00	32.5%	9.4%	21.8%	20.0%	34.5%	5.5%	-1.9%	-38.5M	1.03B	-12.7M	4.18	1.94	20,999	87,788	834,721	1,196,254
2023-10-17	$42.38	$40.00	33.0%	9.5%	23.4%	20.7%	33.7%	5.3%	-1.4%	-19.8M	631.7M	-13.1M	1.08	2.06	66,884	72,135	842,635	1,215,206
2023-10-18	$41.11	$40.00	34.6%	9.9%	25.6%	23.4%	36.1%	6.2%	-1.1%	-46.1M	1.16B	-12.7M	6.48	1.91	22,683	146,914	868,774	1,235,783
2023-10-19	$40.64	$41.00	34.8%	10.0%	25.4%	23.8%	36.2%	6.4%	-0.5%	-57.1M	1.40B	-12.7M	2.59	2.11	21,059	54,568	875,793	1,254,562
2023-10-20	$39.11	$41.00	37.5%	10.9%	28.6%	28.3%	38.3%	7.7%	-1.7%	-66.2M	1.97B	-11.8M	2.89	1.89	49,726	143,731	873,536	1,249,325
2023-10-23	$39.11	$41.00	36.2%	10.8%	28.2%	26.2%	36.5%	8.0%	-0.1%	-43.3M	1.47B	-11.8M	1.95	2.01	33,565	65,323	690,459	1,073,273
2023-10-24	$38.78	$41.00	35.7%	10.7%	28.2%	25.3%	38.6%	8.3%	-0.1%	-45.9M	1.56B	-11.6M	1.77	1.97	63,258	111,896	713,315	1,081,487
2023-10-25	$38.61	$41.00	37.8%	11.4%	28.1%	28.8%	44.5%	10.2%	-0.4%	-42.3M	1.56B	-11.9M	5.72	2.02	29,204	166,944	757,940	1,114,723
2023-10-26	$39.69	$40.00	36.0%	10.9%	29.7%	25.9%	41.1%	7.9%	-0.1%	-31.8M	1.24B	-12.6M	2.36	2.01	45,211	106,558	775,253	1,172,112
2023-10-27	$38.73	$40.00	38.2%	11.6%	30.5%	29.5%	41.2%	8.4%	-0.3%	-43.1M	1.56B	-12.3M	2.73	2.24	16,867	45,996	787,189	1,213,724
2023-10-30	$39.47	$40.00	35.4%	10.7%	30.3%	24.9%	41.8%	8.2%	0.5%	-41.9M	1.38B	-12.4M	4.33	2.16	13,120	56,806	753,337	1,209,882
2023-10-31	$39.66	$40.00	33.8%	10.1%	29.8%	22.2%	40.4%	7.4%	0.3%	-40.4M	1.33B	-12.3M	7.16	2.18	11,672	83,519	759,322	1,216,379