KRE Options History — April 2025

In April 2025, KRE traded between $48.10 and $57.01. ATM implied volatility averaged 40.7%, placing in the 53.5% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 14.6% (HV 20d: 55.3%). Max pain ranged from $52.00 to $58.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.74.

Notable Days

  • 2025-04-08: Highest Volume — 283,536 contracts
  • 2025-04-10: Largest IV spike — 39.3% change
  • 2025-04-04: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.05$48.10$57.01$56.41$53.95
Max Pain$53.76$52.00$58.00$58.00$52.00
ATM IV40.7%30.2%62.2%31.2%31.0%
Expected Move11.6%8.7%17.0%8.9%9.5%
HV 20d55.3%25.0%64.6%25.0%64.0%
HV 60d36.6%23.2%40.7%23.2%40.7%
IV Rank53.5%21.1%100.0%49.4%23.0%
IV Percentile88.9%62.3%100.0%74.6%69.8%
Term Structure-1.0%-3.3%0.3%-0.0%0.3%
VWIV41.9%30.6%59.0%31.3%36.8%
Skew 25d9.6%4.0%17.6%4.2%7.0%
Skew 10d19.4%8.3%37.0%8.8%13.8%
Call IV 25d36.1%27.1%53.1%28.9%28.0%
Put IV 25d45.7%32.5%70.4%33.1%35.0%
Bid-Ask Spread %4.082.039.762.442.68
Gamma HHI0.070.050.100.080.06
Net GEX-19.7M-49.4M10.9M-38.6M-14.4M
Net DEX1.15B195.0M2.00B783.8M589.3M
Net VEX-13.5M-14.2M-12.5M-12.8M-13.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.740.693.101.313.10
Total Volume136,380.90542,681283,53672,18484,444
Total OI1,661,024.0951,392,4611,973,9101,392,4611,657,864

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-04-01$56.41$58.0031.2%8.9%25.0%49.4%31.3%4.2%-0.0%-38.6M783.8M-12.8M1.312.4431,28040,904472,158920,303
2025-04-02$57.01$58.0030.6%8.7%25.0%46.0%30.6%4.0%-0.1%-33.3M615.3M-12.9M1.292.0318,68824,065495,098939,568
2025-04-03$51.58$58.0039.5%10.9%42.8%92.5%36.9%6.7%-0.9%-49.4M1.77B-12.5M2.393.9070,598168,516508,157943,927
2025-04-04$49.61$57.0050.6%13.7%44.3%100.0%49.3%13.7%-2.0%-40.9M1.96B-12.8M2.264.8872,235163,496540,817957,893
2025-04-07$49.00$56.0057.6%15.4%42.8%100.0%53.9%14.1%-3.3%-38.6M1.85B-13.0M1.794.7137,99168,143552,290975,482
2025-04-08$48.10$56.0062.2%17.0%42.9%100.0%59.0%17.3%-2.2%-37.3M1.96B-12.8M2.145.1490,440193,096562,484982,958
2025-04-09$52.63$55.0042.7%11.8%55.0%51.8%50.2%12.3%-1.5%-35.3M1.24B-14.0M2.579.7668,817176,834622,5181,036,630
2025-04-10$48.42$54.0059.4%16.7%61.9%93.1%55.4%17.6%-1.3%-35.1M2.00B-13.6M2.006.0355,963111,736668,3361,091,578
2025-04-11$49.14$53.0050.1%14.1%61.6%70.2%53.3%15.0%-1.5%-35.8M1.92B-13.6M1.114.4792,731102,540699,8111,112,466
2025-04-14$50.23$52.0040.0%11.4%62.0%45.2%42.6%11.2%-1.0%-18.0M1.71B-13.4M1.743.5739,81169,353736,5051,124,341
2025-04-15$50.98$52.0038.1%10.9%62.5%40.6%38.5%10.2%-1.1%-3.0M1.37B-13.6M0.694.93121,86784,042747,5061,106,397
2025-04-16$50.70$52.0041.0%11.7%62.0%47.6%39.8%9.5%-1.3%-268.8K1.45B-13.9M2.623.8638,564101,093813,6371,129,861
2025-04-17$51.58$52.0036.6%10.5%62.5%36.8%38.7%7.5%-0.2%-7.8M1.22B-13.9M1.342.8555,57374,567834,0591,139,851
2025-04-21$50.66$52.0040.6%12.2%62.7%46.8%43.2%8.9%-0.8%-18.9M1.17B-13.8M1.673.3626,61244,329615,675994,010
2025-04-22$52.53$52.0038.7%11.4%63.6%41.9%42.5%8.8%-1.4%-2.0M701.9M-14.0M2.953.2322,96567,736622,133995,522
2025-04-23$53.53$52.0037.0%11.0%64.2%37.9%37.7%7.3%-1.1%1.3M445.3M-14.2M0.924.14101,38493,237625,8851,016,449
2025-04-24$54.39$52.0033.8%10.1%64.5%29.9%35.0%6.8%-1.0%4.5M195.0M-14.1M0.842.1223,23819,443647,0131,032,266
2025-04-25$53.86$52.0031.6%9.4%64.6%24.6%35.7%6.5%-1.0%10.9M326.2M-13.8M0.744.8433,43924,629658,2441,036,926
2025-04-28$54.22$52.0031.9%9.7%64.1%25.2%36.5%6.4%0.1%-11.0M470.4M-13.6M1.764.0938,48767,708591,0931,020,042
2025-04-29$54.61$52.0030.2%9.2%64.0%21.1%34.1%6.5%0.1%-10.7M373.2M-13.6M1.342.6718,54424,861598,8381,054,915
2025-04-30$53.95$52.0031.0%9.5%64.0%23.0%36.8%7.0%0.3%-14.4M589.3M-13.7M3.102.6820,57963,865599,4821,058,382