KRE Options History — January 2026

In January 2026, KRE traded between $65.10 and $70.09. ATM implied volatility averaged 24.9%, placing in the 6.3% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 4.0% (HV 20d: 20.9%). Max pain ranged from $63.00 to $67.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 1.36.

Notable Days

  • 2026-01-08: Highest Volume — 212,630 contracts
  • 2026-01-20: Largest IV spike — 8.6% change
  • 2026-01-20: Highest IV Rank — 11.1%
  • 2026-01-20: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.67$65.10$70.09$65.10$68.77
Max Pain$65.42$63.00$67.00$63.00$67.00
ATM IV24.9%24.0%26.8%24.2%24.3%
Expected Move7.0%6.3%7.7%6.3%6.8%
HV 20d20.9%15.3%27.5%15.3%27.1%
HV 60d22.9%19.7%26.7%26.4%22.5%
IV Rank6.3%4.2%11.1%4.6%4.9%
IV Percentile16.3%6.0%44.4%6.7%8.3%
Term Structure-0.0%-1.8%0.9%-0.0%0.1%
VWIV25.4%21.8%28.5%21.8%25.6%
Skew 25d3.7%1.3%5.0%3.4%3.8%
Skew 10d8.0%3.6%10.9%9.7%9.6%
Call IV 25d23.7%22.8%25.1%23.2%23.3%
Put IV 25d27.5%26.3%29.3%26.5%27.1%
Bid-Ask Spread %33.3220.4245.9720.4227.46
Gamma HHI0.090.060.220.080.10
Net GEX46.1M-7.3M121.5M-7.3M72.4M
Net DEX-596.8M-1.20B-73.4M-73.4M-553.2M
Net VEX-13.1M-14.4M-11.3M-11.3M-14.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.360.265.610.431.41
Total Volume87,546.928,350212,63082,05866,286
Total OI1,556,194.351,277,1631,806,2081,455,7971,583,352

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-01-02$65.10$63.0024.2%6.3%15.3%4.6%21.8%3.4%-0.0%-7.3M-73.4M-11.3M0.4320.4257,41924,639492,178963,619
2026-01-05$66.51$65.0024.9%6.7%17.0%6.2%23.5%4.5%0.0%34.1M-592.1M-11.8M0.6928.4074,47051,068536,749949,204
2026-01-06$67.22$65.0025.3%7.1%17.3%7.4%24.9%5.0%-0.2%53.8M-780.7M-12.4M0.4532.7335,62216,161564,889990,140
2026-01-07$66.65$65.0025.2%7.2%17.7%7.2%28.5%4.1%-0.2%46.1M-644.5M-12.6M1.8439.7019,73636,248585,665992,985
2026-01-08$68.22$65.0025.5%7.2%19.3%7.7%23.9%4.3%0.1%88.8M-1.20B-12.7M0.2640.52169,26943,361603,0171,006,847
2026-01-09$67.53$65.0024.4%6.8%16.0%5.0%25.1%3.4%-0.6%83.4M-940.4M-12.7M0.4340.1555,44324,066677,4631,038,290
2026-01-12$66.69$65.0024.7%6.9%16.3%5.7%26.1%3.3%-0.3%45.2M-577.5M-12.5M1.2830.5728,69736,641637,8761,036,933
2026-01-13$66.18$65.0024.6%7.2%16.1%5.6%26.5%3.4%0.6%22.2M-438.4M-12.4M1.0043.0637,63437,772636,4821,048,003
2026-01-14$66.84$65.0025.3%7.2%16.4%7.3%25.3%3.8%-0.1%43.8M-634.3M-12.8M0.8236.0233,55727,417642,6781,077,025
2026-01-15$68.19$65.0024.7%7.0%17.9%5.8%26.4%3.7%-0.4%121.5M-1.14B-12.7M0.5434.0966,57936,154648,5621,087,937
2026-01-16$67.80$65.0024.7%6.8%18.0%5.8%26.7%3.9%-1.8%14.9M-927.1M-12.9M2.0929.8925,96854,361660,0831,146,125
2026-01-20$67.03$65.0026.8%7.7%18.3%11.1%28.2%4.2%-0.8%18.8M-113.9M-13.4M5.6135.1312,23168,624467,086810,077
2026-01-21$70.09$65.0025.9%7.4%23.9%8.9%27.1%4.4%0.4%54.2M-874.9M-13.5M1.5030.5660,13090,423475,177855,743
2026-01-22$70.03$65.0024.0%6.9%23.9%4.2%24.5%3.6%0.4%62.5M-991.7M-13.2M0.5631.6850,02427,962499,103868,236
2026-01-23$67.57$65.5025.1%7.2%27.4%7.0%25.3%1.3%-0.4%26.1M-159.0M-13.5M0.9927.0573,13772,449519,153884,636
2026-01-26$68.03$67.0025.2%7.3%27.5%7.1%25.5%4.2%0.9%26.6M-215.3M-14.3M1.3425.1332,67243,907565,535912,522
2026-01-27$68.16$67.0024.7%7.1%27.4%5.8%25.0%3.0%0.8%36.7M-354.8M-14.2M4.7430.0310,67050,547593,133927,951
2026-01-28$67.90$67.0024.4%7.0%27.3%5.0%24.3%2.9%0.2%24.2M-222.0M-14.4M0.9445.9714,59513,755599,309966,613
2026-01-29$68.87$67.0024.2%7.0%27.5%4.5%24.6%4.5%0.5%54.3M-500.2M-14.4M0.3137.7654,41516,829603,330970,181
2026-01-30$68.77$67.0024.3%6.8%27.1%4.9%25.6%3.8%0.1%72.4M-553.2M-14.4M1.4127.4627,48838,798609,115974,237