KRE Options History — May 2025

In May 2025, KRE traded between $55.17 and $59.59. ATM implied volatility averaged 27.0%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded below realized volatility by 6.2% (HV 20d: 33.2%). Max pain ranged from $52.00 to $58.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 1.52.

Notable Days

  • 2025-05-22: Highest Volume — 240,370 contracts
  • 2025-05-21: Largest IV spike — 20.4% change
  • 2025-05-01: Highest IV Rank — 20.0%
  • 2025-05-01: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.42$55.17$59.59$55.17$57.06
Max Pain$56.67$52.00$58.00$52.00$57.50
ATM IV27.0%23.9%29.8%29.8%25.8%
Expected Move7.8%6.8%9.1%9.1%7.3%
HV 20d33.2%23.5%64.5%64.5%24.8%
HV 60d41.6%40.8%42.1%40.8%41.8%
IV Rank12.7%5.5%20.0%20.0%7.2%
IV Percentile29.8%4.4%59.5%59.5%16.3%
Term Structure0.1%-1.2%0.6%0.0%0.3%
VWIV27.8%24.2%34.2%34.2%27.6%
Skew 25d4.9%3.2%6.0%6.0%6.0%
Skew 10d10.5%7.2%12.9%12.9%11.9%
Call IV 25d25.1%22.8%27.7%27.0%23.2%
Put IV 25d30.0%26.4%33.0%33.0%29.2%
Bid-Ask Spread %5.762.0059.963.744.00
Gamma HHI0.060.050.060.050.06
Net GEX-1.7M-21.1M24.4M-9.5M-11.7M
Net DEX-106.1M-858.0M431.7M232.1M330.8M
Net VEX-13.2M-14.0M-12.3M-13.8M-13.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.520.343.252.882.19
Total Volume92,495.42926,365240,37069,33654,096
Total OI1,681,3531,497,3041,814,5191,703,3851,682,772

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-05-01$55.17$52.0029.8%9.1%64.5%20.0%34.2%6.0%0.0%-9.5M232.1M-13.8M2.883.7417,89351,443603,1031,100,282
2025-05-02$56.16$52.0027.9%8.2%53.2%15.4%32.2%5.5%0.3%-15.8M-76.8M-13.6M2.073.7830,24762,630610,0191,123,603
2025-05-05$56.26$56.0028.6%8.5%50.7%17.0%29.8%5.4%0.3%-16.2M4.2M-13.4M1.812.5139,52371,421583,5501,111,854
2025-05-06$55.80$56.0029.5%8.6%50.6%19.4%30.0%5.8%0.3%-16.8M132.0M-13.5M2.052.2725,76252,792598,5681,104,440
2025-05-07$55.64$56.0029.5%8.5%49.8%19.3%29.9%5.8%0.3%-15.6M136.4M-13.4M3.255.1217,39656,517608,4391,105,783
2025-05-08$57.00$56.0028.2%8.1%39.8%16.2%27.3%5.0%0.1%-7.4M-265.6M-13.3M0.634.30106,32067,144612,6141,117,244
2025-05-09$56.56$56.0028.4%8.1%23.5%16.5%29.3%5.0%0.4%-6.7M-87.0M-13.3M2.023.6743,97388,804606,7801,119,677
2025-05-12$59.28$57.0025.3%7.3%27.3%8.9%27.2%3.7%0.3%17.8M-844.4M-12.7M1.712.8168,315116,570602,4211,114,959
2025-05-13$59.59$57.0024.4%6.9%26.9%6.7%24.2%3.2%-0.5%17.3M-858.0M-12.5M0.342.5743,90014,974605,0701,140,341
2025-05-14$59.28$58.0024.6%7.2%27.2%7.2%25.3%3.6%0.5%22.6M-804.6M-12.7M0.782.3923,91218,593642,8291,143,594
2025-05-15$59.25$58.0024.8%7.2%26.9%7.7%25.4%3.5%0.3%24.4M-800.3M-12.8M1.362.7515,53621,078656,3041,151,351
2025-05-16$59.20$58.0024.3%7.0%26.9%6.5%24.7%3.7%0.0%19.6M-815.5M-12.6M0.9059.9655,13649,510657,6961,156,823
2025-05-19$58.91$58.0023.9%6.8%25.6%5.5%24.9%3.6%0.6%16.7M-256.1M-12.3M1.223.1329,38735,885546,317950,987
2025-05-20$58.67$58.0024.2%6.9%23.5%6.2%24.7%3.5%0.5%11.6M-167.6M-12.5M0.713.0415,38910,976555,645964,690
2025-05-21$56.94$58.0029.1%8.3%26.1%18.3%28.7%5.4%-0.1%-13.8M332.4M-13.0M0.752.96106,35780,133549,957968,355
2025-05-22$56.91$57.0028.4%8.1%25.7%16.6%29.6%5.5%0.3%-20.0M356.2M-13.7M2.812.0063,117177,253592,7611,010,890
2025-05-23$56.52$57.0028.8%8.2%25.5%17.3%28.4%6.0%0.4%-21.1M431.7M-14.0M1.082.2442,88046,377627,4251,032,018
2025-05-27$57.53$57.5026.3%7.3%26.1%10.1%26.9%5.6%-1.2%22.3K173.7M-13.6M0.772.5931,97924,763610,9461,023,135
2025-05-28$56.97$57.5027.2%7.6%26.4%12.5%26.1%5.5%-0.9%-6.7M316.2M-13.5M1.002.7815,89915,889623,5881,025,752
2025-05-29$57.11$57.5027.2%7.7%25.8%12.5%27.2%5.6%-0.8%-4.2M302.2M-13.6M1.522.2812,92719,708631,0401,034,791
2025-05-30$57.06$57.5025.8%7.3%24.8%7.2%27.6%6.0%0.3%-11.7M330.8M-13.5M2.194.0016,93237,164637,3381,045,434