KRE Options History — May 2024

In May 2024, KRE traded between $47.45 and $51.09. ATM implied volatility averaged 24.1%, placing in the 5.8% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 4.5% (HV 20d: 19.6%). Max pain ranged from $48.00 to $50.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 1.50.

Notable Days

  • 2024-05-01: Highest Volume — 198,535 contracts
  • 2024-05-29: Largest IV spike — 11.8% change
  • 2024-05-29: Highest IV Rank — 29.2%
  • 2024-05-01: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.70$47.45$51.09$48.55$48.64
Max Pain$49.09$48.00$50.00$48.00$49.00
ATM IV24.1%21.7%27.5%26.7%25.8%
Expected Move7.0%6.2%8.0%8.0%7.5%
HV 20d19.6%15.1%27.7%27.2%16.9%
HV 60d24.7%23.1%27.8%27.8%23.1%
IV Rank5.8%0.0%29.2%1.7%20.9%
IV Percentile2.4%0.0%14.3%2.0%6.7%
Term Structure-0.0%-3.0%2.3%0.2%-0.2%
VWIV24.6%21.7%28.6%28.6%26.0%
Skew 25d2.3%0.9%4.1%2.5%4.1%
Skew 10d4.6%2.6%8.0%4.7%7.1%
Call IV 25d23.2%20.9%25.8%25.6%24.2%
Put IV 25d25.5%22.7%29.0%28.2%28.4%
Bid-Ask Spread %2.281.644.624.622.10
Gamma HHI0.090.060.560.060.07
Net GEX-579.4K-70.2M219.9M-44.4M-48.5M
Net DEX240.6M-439.7M1.28B550.5M821.1M
Net VEX-15.3M-15.9M-14.6M-15.7M-15.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.500.334.351.881.42
Total Volume89,526.31830,566198,535198,53555,131
Total OI1,966,0211,728,3292,131,5721,920,4092,031,877

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$48.55$48.0026.7%8.0%27.2%1.7%28.6%2.5%0.2%-44.4M550.5M-15.7M1.884.6269,003129,532606,4081,314,001
2024-05-02$48.88$48.0026.5%8.0%27.3%1.3%27.6%2.5%0.0%-34.1M419.0M-15.9M0.572.6041,61323,797634,7671,335,144
2024-05-03$49.63$48.0024.8%7.2%27.7%0.0%25.5%1.9%0.4%-17.3M64.3M-15.6M0.772.7263,84949,207659,2061,350,709
2024-05-06$50.13$48.0024.8%7.4%27.2%0.0%25.8%1.7%-3.0%-804.7K-41.1M-15.7M0.911.9631,00328,106640,3561,331,457
2024-05-07$50.06$48.0024.0%7.3%27.1%0.0%25.9%3.1%2.2%4.7M-42.4M-15.5M1.861.6437,17469,190656,8871,336,783
2024-05-08$50.11$49.0023.6%7.0%18.6%0.0%24.5%1.5%-1.1%7.0M-35.8M-15.7M0.332.0339,59113,065674,1151,353,720
2024-05-09$50.33$49.0023.1%7.0%18.6%0.0%24.5%1.8%1.0%23.1M-135.2M-15.6M1.011.9515,71915,865694,2451,357,630
2024-05-10$50.42$49.0023.1%7.0%18.0%0.0%24.5%3.1%2.3%40.6M-159.5M-15.6M1.701.9929,03049,297700,7201,361,547
2024-05-13$50.33$49.0025.6%7.4%17.7%8.8%26.1%1.0%-0.2%3.9M-92.1M-15.4M0.392.20104,97140,579684,7061,327,290
2024-05-14$50.78$49.0025.2%7.0%17.3%7.8%24.5%2.2%-0.2%35.1M-350.3M-15.3M0.562.1284,56347,383738,9551,337,858
2024-05-15$50.97$49.0022.3%6.4%17.2%0.0%22.3%1.5%-0.0%80.2M-412.7M-15.1M0.551.8077,28242,652758,9581,353,733
2024-05-16$50.89$49.0021.8%6.2%17.4%0.0%21.7%0.9%-0.2%69.2M-350.7M-15.0M0.761.9217,38113,185761,1591,364,051
2024-05-17$51.09$49.0021.7%6.2%16.6%0.0%21.8%1.9%-0.1%219.9M-439.7M-14.8M0.481.9654,76526,249760,1001,371,472
2024-05-20$50.61$49.0021.7%6.2%15.3%0.3%22.0%1.9%0.8%-12.0M68.1M-14.6M2.472.2230,32674,892606,4161,121,913
2024-05-21$50.53$50.0021.8%6.2%15.1%0.6%22.5%1.7%0.7%-16.5M105.7M-14.7M2.962.009,66728,622633,6991,147,923
2024-05-22$49.91$50.0022.3%6.4%15.9%2.7%22.1%2.2%0.8%-34.2M412.8M-15.1M1.192.1917,02620,282638,3861,177,634
2024-05-23$48.66$50.0024.0%6.9%18.0%10.1%23.7%3.1%0.1%-49.0M866.2M-15.2M1.872.3640,34475,316649,8501,184,857
2024-05-24$48.78$50.0022.2%6.3%17.9%2.5%23.1%2.2%0.6%-50.3M839.2M-15.2M4.352.3914,93465,005671,6631,223,511
2024-05-28$48.44$50.0024.6%6.9%17.7%13.3%24.5%3.1%-1.0%-60.8M951.6M-15.0M1.992.2612,48424,872647,4471,217,439
2024-05-29$47.45$50.0027.5%7.7%18.8%29.2%26.9%3.7%-2.3%-70.2M1.28B-15.0M1.532.6268,586105,183650,5311,221,411
2024-05-30$48.14$50.0027.1%7.8%16.7%27.3%27.1%3.2%-1.3%-58.5M975.3M-15.5M3.352.4125,96386,895689,0041,272,924
2024-05-31$48.64$49.0025.8%7.5%16.9%20.9%26.0%4.1%-0.2%-48.5M821.1M-15.8M1.422.1022,75532,376706,0631,325,814