KRE Options History — January 2024

In January 2024, KRE traded between $49.22 and $52.84. ATM implied volatility averaged 29.2%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 3.1% (HV 20d: 26.0%). Max pain ranged from $50.00 to $53.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.80.

Notable Days

  • 2024-01-31: Highest Volume — 275,493 contracts
  • 2024-01-31: Largest IV spike — 9.4% change
  • 2024-01-04: Highest IV Rank — 19.2%
  • 2024-01-31: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.33$49.22$52.84$52.36$49.86
Max Pain$52.29$50.00$53.00$50.00$52.50
ATM IV29.2%26.6%32.0%30.2%30.3%
Expected Move8.5%7.9%9.2%8.6%9.2%
HV 20d26.0%19.7%32.8%30.7%29.7%
HV 60d33.7%32.3%35.1%34.4%33.2%
IV Rank14.4%10.2%19.2%16.1%16.2%
IV Percentile31.9%14.7%50.8%43.7%42.1%
Term Structure-0.2%-1.1%0.9%-0.2%-0.0%
VWIV30.4%28.1%33.1%30.7%33.1%
Skew 25d2.0%1.1%3.6%1.1%3.6%
Skew 10d4.4%2.5%7.0%2.5%6.7%
Call IV 25d28.7%26.0%32.1%30.5%29.0%
Put IV 25d30.7%27.7%33.7%31.6%32.6%
Bid-Ask Spread %2.521.445.461.443.07
Gamma HHI0.080.060.110.080.09
Net GEX-24.6M-73.0M15.3M15.3M-73.0M
Net DEX-4.5M-687.9M901.8M-687.9M787.0M
Net VEX-14.7M-15.3M-13.9M-13.9M-15.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.800.624.660.802.13
Total Volume108,294.04851,192275,49394,168275,493
Total OI1,934,8541,561,1002,278,9141,863,2201,746,214

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-01-02$52.36$50.0030.2%8.6%30.7%16.1%30.7%1.1%-0.2%15.3M-687.9M-13.9M0.801.4452,26141,907740,9351,122,285
2024-01-03$50.84$50.0031.0%8.8%32.8%17.5%31.1%1.7%-0.3%-5.1M-137.7M-14.4M1.361.5841,98957,245773,2281,151,225
2024-01-04$51.20$53.0032.0%9.1%32.5%19.2%31.7%1.6%-0.5%-2.8M-279.8M-14.4M0.742.2959,35743,924783,1131,165,703
2024-01-05$51.70$53.0030.5%8.7%32.5%16.6%30.0%2.2%-0.5%7.1M-446.2M-14.5M0.622.1460,00336,999809,5961,188,230
2024-01-08$52.09$53.0030.4%8.7%32.2%16.6%30.6%1.8%0.0%9.6M-602.4M-14.4M2.002.0518,99737,993782,5691,180,170
2024-01-09$51.61$53.0029.1%8.2%32.3%14.3%30.1%1.8%-0.3%-2.8M-374.6M-14.4M1.892.1626,77450,695791,0121,207,833
2024-01-10$51.59$53.0029.5%8.4%32.3%15.1%30.6%3.4%0.9%-9.0M-327.5M-14.6M2.572.2043,176110,883804,3811,245,251
2024-01-11$50.98$53.0029.6%8.5%32.5%15.1%30.5%2.6%0.4%-33.7M11.1M-15.1M1.622.9161,47999,560824,5461,332,474
2024-01-12$50.41$53.0029.3%8.5%27.0%14.7%30.4%2.1%0.3%-58.4M271.3M-15.3M3.702.1453,038196,348877,0401,368,023
2024-01-16$49.55$53.0030.1%8.6%20.2%16.0%30.6%1.9%-1.1%-59.2M720.5M-15.1M4.255.4613,72658,313843,0931,417,994
2024-01-17$49.22$53.0030.8%8.8%19.7%17.2%31.2%2.6%-0.9%-69.1M901.8M-15.3M1.422.3234,11948,541846,5031,430,638
2024-01-18$49.75$52.0029.4%8.5%19.8%14.9%30.0%2.3%-0.7%-47.9M621.2M-15.0M1.272.3231,69340,171856,9881,415,327
2024-01-19$50.92$52.0028.3%8.2%21.0%13.1%30.4%1.8%-0.7%-45.3M49.5M-14.9M1.432.3848,15269,036863,3181,415,596
2024-01-22$52.09$52.0027.6%8.1%21.7%11.8%29.2%2.1%0.0%-19.7M-57.1M-14.5M1.262.6955,69370,158522,9971,038,103
2024-01-23$51.67$52.0026.6%7.9%21.9%10.2%28.1%1.7%-0.2%-24.9M27.6M-14.6M2.392.4815,09336,099547,5161,060,842
2024-01-24$52.33$52.0026.9%8.0%22.2%10.6%29.9%1.7%-0.2%-16.2M-121.1M-14.8M0.773.4257,15443,863553,3841,090,916
2024-01-25$51.83$52.0028.0%8.4%21.2%12.5%30.4%1.9%-0.3%-29.5M53.3M-15.0M4.662.6316,61277,468581,2081,113,469
2024-01-26$52.27$52.0027.5%8.2%21.5%11.6%29.3%1.5%-0.2%-21.3M-75.5M-14.9M0.882.4637,08532,626588,0391,147,606
2024-01-29$52.78$52.0027.5%8.3%21.8%11.6%29.5%1.4%0.4%-16.2M-205.1M-14.6M1.102.4628,65131,595556,5731,128,352
2024-01-30$52.84$52.5027.7%8.4%21.4%11.9%30.0%1.6%0.3%-13.9M-222.7M-14.6M0.972.2030,59229,614575,9381,143,706
2024-01-31$49.86$52.5030.3%9.2%29.7%16.2%33.1%3.6%-0.0%-73.0M787.0M-15.3M2.133.0787,969187,524588,0301,158,184