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KRE Implied Volatility, IV Rank & Options Chain

SPDR S&P Regional Banking ETF (KRE) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for SPDR S&P Regional Banking ETF (KRE).

Updated Reference data
Open KRE in the Terminal KRE GEX levels IV Intelligence Positioning

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Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

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On this page
  1. Key facts
  2. Company overview
  3. Options market
  4. Volatility profile
  5. GEX analysis
  6. Common strategies
  7. FAQ

KRE options trade with implied volatility typically in the 15% - 45% range, averaging 100K+ contracts in daily volume with good liquidity. Next earnings: Check earnings calendar. Weekly options and LEAPS are available.

KRE implied volatility

As of 2026-10-26

As of 2026-10-26, KRE's 30-day implied volatility is 26.1%, placing its 1-year IV percentile at 31.0 — above 31.0% of the past year's daily IV readings, a middle range, neutral between selling and buying premium.

26.1%30-day IV
31.01-year IV rank

KRE live chain, Greeks and GEX

Terminal

Every figure above is reference data. The live KRE chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.

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KRE options at a glance

Daily volume
100K+ contracts
IV range
15% - 45%
Bid-ask spread
Varies by strike
Expirations
Weekly, monthly, LEAPS
Open interest
1M+ contracts
Next earnings
Check earnings calendar
100K+ contractsAvg Volume
1M+ contractsOpen Interest
15% - 45%IV Range
GoodLiquidity
YesWeeklies
YesLEAPS

About SPDR S&P Regional Banking ETF (KRE)

SPDR S&P Regional Banking ETF trades on NYSE. Options on KRE are actively traded by retail and institutional investors.

Company profile

Sector
ETF
Industry
Banking ETF
Market cap
ETF
Exchange
NYSE

Key dates

Next earnings
Check earnings calendar
Earnings frequency
Quarterly
Dividend schedule
Varies
Fiscal year end
December

KRE is an actively traded options name in the Banking ETF space.

ApexVol Terminal

Options analytics, live.

Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

  • Live chains and Greeks
  • IV rank and percentile
  • Expected move and GEX
  • Screener and strategy P&L
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KRE options market overview

KRE options offer good liquidity for traders seeking exposure to Banking ETF.

Average daily volume
100K+ contracts
Total open interest
1M+ contracts
Put/call ratio
0.6 - 1.0 typical
Typical ATM spread
Varies by strike
Weekly options
Available
LEAPS available
Yes

Liquidity assessment: Good

KRE options provide good liquidity for most trading strategies.

KRE implied volatility and IV rank

KRE implied volatility reflects market expectations for SPDR S&P Regional Banking ETF price movement.

15% - 22%Low IV, below average
22% - 32%Typical, normal conditions
32% - 45%Elevated, above average

Earnings impact

IV typically increases before earnings and contracts afterward (IV crush).

The post-earnings volatility drop is known as IV crush. Holders of short KRE options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

Compare IV to historical volatility to assess option pricing relative to realized moves.

Term structure

Term structure varies with market conditions and upcoming events.

The smile, the term structure and the cone for KRE, on today's chain.

Open KRE in IV Intelligence

KRE gamma exposure (GEX)

Gamma Exposure (GEX) analysis for KRE shows how dealer hedging may impact price behavior.

  • Typical GEX profile. GEX profile varies based on market conditions and option positioning.
  • Key levels. Major put and call walls at round number strikes may act as support/resistance.
  • Dealer hedging. Dealer hedging activity can influence price behavior at key gamma levels.

Where the gamma sits on KRE right now, strike by strike.

See live KRE GEX

Common KRE options strategies

These are strategies commonly used by traders on KRE options, based on typical market characteristics. This is not investment advice.

Covered CallsIncome. Used by KRE traders for income exposure. Good liquidity supports efficient execution. Vertical SpreadsDirectional. Used by KRE traders for directional exposure. Good liquidity supports efficient execution. Iron CondorsNeutral. Used by KRE traders for neutral exposure. Good liquidity supports efficient execution. StranglesVolatility. Used by KRE traders for volatility exposure. Good liquidity supports efficient execution. Calendar SpreadsTime-Based. Used by KRE traders for time-based exposure. Good liquidity supports efficient execution.

Every options strategy, ranked by what it is for

Key considerations for KRE options

  • KRE options liquidity: Good - affects execution quality
  • IV range: 15% - 45% - important for premium selling strategies
  • Earnings events can significantly impact IV and option prices
  • Consider position sizing based on underlying volatility
  • Weekly options available for short-term strategies
  • LEAPS available for longer-term positioning

KRE key events

Earnings months. Q1, Q2, Q3, Q4

  • Industry conferences
  • Product announcements
  • Regulatory updates

KRE options data by API, or in Claude

Every number on this page is one request away. The implied volatility API returns KRE's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.

GET /api/mcp/data/iv-rank/KREBearer token, JSON back
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
     "https://apexvol.com/api/mcp/data/iv-rank/KRE"
In Claudethrough the MCP server
You

What is KRE's IV rank right now, and where is its gamma flip?

Claude calls get_iv_rank and get_gex

Try GEX on KRE in the console, more prompts for KRE, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.

Written by
ApexVol Research Team
Quantitative options research. All calculations use live institutional-grade data — the same source professional volatility desks use.
Reviewed by
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy. 10+ years trading options; built ApexVol's pricing engine, Greeks model and IV-rank methodology.

Revised as market conditions and institutional data change. Last revised 2026-10-26. How we research →

Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.

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Questions

Frequently asked
about KRE options.

What are KRE options?

KRE options are derivative contracts that give you the right to buy (call) or sell (put) SPDR S&P Regional Banking ETF shares at a specific price before expiration.

How do I analyze KRE implied volatility?

KRE IV typically ranges from 15% - 22% during quiet periods to 32% - 45% around earnings and major events. Compare current IV to historical ranges to assess relative value.

What is the typical bid-ask spread for KRE options?

KRE options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.

When does KRE report earnings?

SPDR S&P Regional Banking ETF typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.

What strategies work best for KRE options?

Popular KRE strategies include covered calls, vertical spreads, and iron condors. Strategy selection depends on market outlook and risk tolerance.

What is the best time to trade KRE options?

The most liquid trading hours for KRE options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.

How do I calculate KRE option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for KRE options across all strikes and expirations.

What happens to KRE options at expiration?

In-the-money KRE options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

What is KRE's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence KRE's intraday price action. GEX profile varies based on market conditions and option positioning. Dealer hedging activity can influence price behavior at key gamma levels. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live KRE GEX levels and the gamma-flip point on ApexVol.

What is KRE's IV rank?

KRE's IV rank shows where KRE's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. KRE implied volatility typically ranges from 15% - 45%. Check KRE's live IV rank and percentile on ApexVol's IV analytics.

Keep reading

Where KRE
gets priced.

KRE analytics

Options CalculatorCalculate option prices and Greeks IV CalculatorAnalyze implied volatility Strategy BuilderBuild and analyze options strategies

Run it, do not just read it

Options profit calculatorPayoff, breakeven and Greeks. Greeks calculatorDelta, gamma, theta, vega. IV rank calculatorImplied volatility and IV rank. Options chainReal-time Greeks on a live chain. Greeks heatmapWhere the exposure actually sits. Volatility labIV analysis across the surface. Strategy simulatorTest the structure before you place it. IV intelligenceThe surface in three dimensions. Options screenerFind the setups worth a look. Historical dataPast snapshots, back to 2007. EarningsHistorical moves and the IV around them. 0DTE analyticsSame-day expiration, same-day risk.

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XLF optionsFinancial Select Sec. Related ticker. XLE optionsEnergy Select Sector. Related ticker. SMH optionsVanEck Semiconductor. Related ticker. ARKK optionsARK Innovation ETF. Related ticker. XBI optionsSPDR S&P Biotech ETF. Related ticker.

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