KRE Options History — March 2025

In March 2025, KRE traded between $55.23 and $60.84. ATM implied volatility averaged 31.6%, placing in the 51.7% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 9.1% (HV 20d: 22.5%). Max pain ranged from $59.00 to $63.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.51.

Notable Days

2025-03-11: Highest Volume — 158,176 contracts
2025-03-10: Largest IV spike — 16.8% change
2025-03-10: Highest IV Rank — 95.2%
2025-03-10: Largest Expected Move — 12.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$57.43	$55.23	$60.84	$60.84	$56.94
Max Pain	$61.31	$59.00	$63.00	$63.00	$59.00
ATM IV	31.6%	26.6%	40.1%	32.4%	30.3%
Expected Move	9.5%	7.6%	12.9%	9.9%	8.6%
HV 20d	22.5%	18.4%	25.7%	19.9%	25.7%
HV 60d	23.4%	22.2%	25.0%	22.7%	23.2%
IV Rank	51.7%	25.4%	95.2%	55.5%	44.9%
IV Percentile	70.1%	26.6%	99.6%	83.7%	67.1%
Term Structure	-0.3%	-1.1%	1.2%	0.5%	0.2%
VWIV	33.7%	26.6%	44.9%	36.8%	30.8%
Skew 25d	3.8%	1.5%	9.2%	4.4%	4.3%
Skew 10d	8.7%	1.2%	25.9%	9.3%	8.6%
Call IV 25d	29.5%	19.0%	36.6%	30.4%	27.9%
Put IV 25d	33.2%	28.1%	41.5%	34.8%	32.2%
Bid-Ask Spread %	15.33	2.05	44.66	30.52	2.75
Gamma HHI	0.07	0.05	0.11	0.05	0.07
Net GEX	-40.6M	-57.1M	-12.7M	-27.1M	-29.6M
Net DEX	955.4M	342.6M	1.63B	647.2M	665.0M
Net VEX	-12.3M	-12.8M	-11.7M	-11.9M	-12.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.51	0.61	3.18	2.76	1.49
Total Volume	85,908.095	35,902	158,176	71,774	64,398
Total OI	1,512,726.905	1,311,979	1,705,495	1,379,395	1,406,693

Daily Data (21 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
2025-03-03	$60.84	$63.00	32.4%	9.9%	19.9%	55.5%	36.8%	4.4%	0.5%	-27.1M	647.2M	-11.9M	2.76	30.52	19,112	52,662	506,508	872,887
2025-03-04	$59.64	$63.00	33.8%	10.5%	20.1%	62.9%	37.0%	4.3%	1.2%	-38.3M	947.3M	-11.7M	2.21	21.73	47,030	104,058	511,669	900,013
2025-03-05	$58.78	$63.00	33.2%	10.3%	19.5%	59.8%	37.8%	3.5%	-0.6%	-43.6M	1.15B	-11.9M	2.47	22.94	33,111	81,883	535,655	917,937
2025-03-06	$57.66	$63.00	35.4%	11.2%	19.5%	71.1%	37.6%	3.6%	-0.5%	-48.1M	1.32B	-11.9M	1.60	11.80	54,782	87,422	550,526	945,808
2025-03-07	$57.73	$63.00	34.3%	10.8%	18.4%	65.4%	41.0%	3.6%	-0.4%	-51.6M	1.20B	-12.4M	1.79	32.55	33,819	60,494	578,633	952,317
2025-03-10	$55.52	$63.00	40.1%	12.9%	21.8%	95.2%	44.9%	9.2%	-1.1%	-53.0M	1.58B	-12.3M	2.77	31.46	23,318	64,599	555,254	955,602
2025-03-11	$55.45	$62.00	36.2%	12.6%	21.9%	75.5%	44.6%	4.9%	-0.7%	-57.1M	1.63B	-12.4M	0.98	44.66	79,839	78,337	564,118	984,785
2025-03-12	$55.83	$61.50	33.0%	10.9%	21.3%	58.9%	38.2%	4.7%	-0.3%	-47.5M	1.47B	-12.5M	3.18	2.34	29,549	93,931	611,512	976,177
2025-03-13	$55.23	$61.00	35.3%	11.0%	20.8%	70.7%	38.9%	2.4%	0.6%	-56.6M	1.59B	-12.6M	1.10	2.05	33,126	36,544	618,362	1,011,732
2025-03-14	$56.44	$60.00	31.9%	9.7%	23.1%	53.2%	31.5%	3.5%	-0.2%	-52.6M	1.17B	-12.8M	1.34	33.17	32,087	43,121	630,613	997,944
2025-03-17	$57.19	$61.00	30.7%	8.5%	23.9%	46.8%	30.0%	3.3%	-1.0%	-47.4M	949.4M	-12.6M	1.22	24.95	24,079	29,343	630,754	1,007,567
2025-03-18	$56.97	$61.00	31.2%	8.5%	23.3%	49.3%	32.1%	2.6%	-1.0%	-47.6M	980.7M	-12.5M	1.17	5.40	34,644	40,680	641,549	1,007,221
2025-03-19	$57.89	$61.00	28.5%	8.1%	24.4%	35.4%	30.1%	2.1%	-0.6%	-39.5M	733.1M	-12.5M	0.82	26.23	41,450	33,839	653,019	1,024,363
2025-03-20	$57.72	$61.00	28.1%	7.8%	23.7%	33.1%	27.1%	1.5%	-0.6%	-37.4M	744.9M	-12.1M	0.96	8.71	21,904	20,956	670,473	1,035,022
2025-03-21	$57.17	$60.00	28.7%	8.0%	22.5%	36.6%	27.3%	2.2%	-0.9%	-53.2M	879.4M	-12.2M	1.22	6.46	33,196	40,372	676,950	1,025,937
2025-03-24	$58.58	$60.00	27.8%	7.8%	24.6%	31.6%	28.1%	3.6%	-0.2%	-12.7M	360.0M	-12.0M	0.72	2.95	35,789	25,754	424,820	887,159
2025-03-25	$58.42	$61.00	26.6%	7.6%	24.6%	25.4%	26.6%	2.9%	0.1%	-15.2M	342.6M	-11.9M	0.75	3.38	20,567	15,335	437,173	886,778
2025-03-26	$57.95	$61.00	28.1%	8.0%	24.7%	33.4%	27.6%	3.8%	-0.3%	-20.5M	413.3M	-12.6M	0.61	3.64	66,609	40,952	480,630	899,834
2025-03-27	$57.81	$60.00	28.3%	8.0%	24.6%	34.6%	27.8%	4.1%	-0.4%	-28.3M	470.1M	-12.7M	0.75	2.17	28,896	21,565	482,402	903,329
2025-03-28	$56.30	$60.00	30.5%	8.6%	25.5%	45.7%	32.1%	4.4%	-0.5%	-44.9M	829.3M	-12.8M	1.78	2.14	26,926	47,992	498,598	908,942
2025-03-31	$56.94	$59.00	30.3%	8.6%	25.7%	44.9%	30.8%	4.3%	0.2%	-29.6M	665.0M	-12.7M	1.49	2.75	25,837	38,561	484,129	922,564