KRE Options History — January 2025

In January 2025, KRE traded between $58.25 and $64.13. ATM implied volatility averaged 28.4%, placing in the 35.0% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 2.6% (HV 20d: 25.8%). Max pain ranged from $60.00 to $63.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 1.01.

Notable Days

  • 2025-01-06: Highest Volume — 224,866 contracts
  • 2025-01-15: Largest IV drop — 11.5% change
  • 2025-01-14: Highest IV Rank — 57.5%
  • 2025-01-13: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.98$58.25$64.13$59.76$64.13
Max Pain$61.65$60.00$63.00$61.00$62.00
ATM IV28.4%24.9%32.8%29.5%27.0%
Expected Move8.1%7.1%9.1%8.3%7.9%
HV 20d25.8%23.2%31.7%23.2%23.6%
HV 60d36.5%35.8%37.3%36.3%35.8%
IV Rank35.0%16.7%57.5%40.6%27.6%
IV Percentile41.3%10.7%84.1%50.4%26.6%
Term Structure-0.4%-3.1%1.2%0.3%0.1%
VWIV28.7%25.2%35.0%29.0%27.6%
Skew 25d1.6%-0.7%3.1%2.0%3.1%
Skew 10d4.6%0.4%8.5%5.4%6.2%
Call IV 25d27.9%24.6%32.1%29.0%26.0%
Put IV 25d29.6%25.1%34.3%31.0%29.1%
Bid-Ask Spread %13.762.7922.6015.9920.77
Gamma HHI0.080.050.240.110.05
Net GEX-7.1M-59.9M84.5M-59.9M-1.3M
Net DEX-21.6M-837.1M1.17B713.8M-379.9M
Net VEX-11.4M-12.0M-10.8M-11.2M-11.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.010.342.230.771.07
Total Volume108,830.2525,386224,86625,38683,294
Total OI1,595,859.21,272,1482,007,1931,580,6471,415,988

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-01-02$59.76$61.0029.5%8.3%23.2%40.6%29.0%2.0%0.3%-59.9M713.8M-11.2M0.7715.9914,36611,020450,7361,129,911
2025-01-03$60.54$61.0029.1%8.3%24.0%38.7%28.7%3.0%0.4%-54.0M522.5M-11.0M1.0719.7235,38937,883451,9201,134,574
2025-01-06$60.73$63.0030.5%8.6%24.1%45.7%30.4%2.3%-0.3%-50.5M427.4M-10.8M1.002.89112,430112,436458,0591,144,871
2025-01-07$59.80$63.0030.4%8.6%24.4%45.4%30.5%1.8%0.2%-47.7M697.0M-11.5M1.0514.1333,14134,756542,9801,185,685
2025-01-08$60.14$63.0030.6%8.5%24.5%46.0%30.2%2.1%-0.5%-42.0M577.6M-11.5M0.642.8989,42057,411558,3561,198,559
2025-01-10$58.25$62.0031.9%8.9%26.3%53.2%31.3%2.3%-0.3%-55.8M1.17B-11.8M1.656.2357,71895,212622,8151,225,221
2025-01-13$59.06$62.0032.4%9.1%26.9%55.7%35.0%2.6%-0.5%-42.7M708.2M-11.7M0.992.7961,00660,362616,4501,199,388
2025-01-14$60.97$60.0032.8%9.0%29.8%57.5%32.0%2.3%-1.2%-12.7M-57.6M-12.0M0.695.18113,57278,462647,4211,221,549
2025-01-15$62.67$60.0029.0%8.1%31.7%37.9%28.5%1.9%-0.8%37.1M-837.1M-11.7M1.236.5691,246112,502694,4941,241,341
2025-01-16$62.22$61.0028.2%7.9%31.7%34.1%28.0%1.8%-0.9%36.5M-633.4M-11.8M0.3420.79132,41645,152726,0481,281,145
2025-01-17$62.91$61.0028.3%8.0%31.1%34.3%28.3%-0.4%-0.6%84.5M-783.3M-11.6M0.8420.6563,55153,568681,5831,290,657
2025-01-21$63.94$61.0027.2%7.8%24.3%28.8%27.5%-0.6%-0.6%18.2M-475.3M-11.1M0.8112.6070,90657,424430,305841,843
2025-01-22$63.22$61.0025.9%7.4%24.8%21.9%26.6%0.0%-0.3%6.6M-250.4M-11.5M0.9215.9932,29129,746454,766863,496
2025-01-23$62.64$62.0024.9%7.1%24.6%16.7%25.2%-0.7%-0.1%-5.2M-97.8M-11.7M0.4216.3556,46423,972472,929881,418
2025-01-24$63.23$62.0025.3%7.3%24.6%18.6%25.4%0.0%-0.3%3.6M-275.1M-11.2M1.0318.4628,36229,152486,735890,467
2025-01-27$63.88$62.0026.3%7.7%24.7%23.8%26.2%2.1%-3.1%10.4M-391.6M-11.4M1.2916.2725,29332,743475,505876,276
2025-01-28$63.92$62.0025.6%7.5%24.6%20.6%27.3%2.8%0.1%10.4M-398.5M-11.0M1.1916.1017,00920,199471,889884,326
2025-01-29$63.67$62.0026.4%7.7%23.9%24.6%28.1%3.0%0.0%9.2M-294.4M-11.4M0.9718.1735,57734,506486,100887,526
2025-01-30$63.84$62.0027.1%7.8%23.9%27.9%27.5%1.0%1.2%14.1M-369.2M-11.2M2.2322.6029,91766,731502,906890,946
2025-01-31$64.13$62.0027.0%7.9%23.6%27.6%27.6%3.1%0.1%-1.3M-379.9M-11.4M1.0720.7740,24943,045508,568907,420