# KRE: options-positioning snapshot

Canonical: https://halfonadouble.com/stock/KRE
Data through: 2026-10-02 close
Publisher: Half on a Double

| Published field | Value |
| --- | --- |
| Close (USD/share) | 70.78 |
| Delta neutral (USD/share) | 73.31 |
| Gamma neutral (USD/share) | 74.02 |
| Gamma max (USD/share) | 79.96 |
| Open interest (contracts) | 2,405,255 |
| Nearest-expiration max pain (USD/share) | 72.00 (2026-10-09) |
| All-expiration max pain (USD/share) | 73.00 |
| Net gamma exposure | -158,473,398 |
| Confirmed GEX flip (USD/share) | 74.02 |
| Call wall (USD/share) | 73.00 |
| Put wall (USD/share) | 70.00 |
| Put/call open-interest ratio | 1.90 |
| Options catalyst-intensity score (0–100) | 47.8 |
| Options directional score (-100 to +100) | -3.7 |
| IV rank | 21.5 |
| Front ATM IV | +25.0% |
| Front-minus-back IV | -1.1 pp |
| Front expected move | +3.5% |
| Front ATM straddle / spot | +2.4% |
| Front 25-delta risk reversal | -64.3 pp |
| Call OI change, 1 session | +50,331 contracts · +6.5% |
| Put OI change, 1 session | +23,258 contracts · +1.5% |
| Call minus put OI growth, 1 session | +5.0 pp |
| Call OI change, 5 sessions | +254,853 contracts · +44.3% |
| Put OI change, 5 sessions | +316,963 contracts · +25.2% |
| Call minus put OI growth, 5 sessions | +19.1 pp |
| Daily call OI change surprise | +0.96σ (252 prior changes) |
| Daily put OI change surprise | +0.31σ (252 prior changes) |
| Daily call-minus-put growth surprise | +1.18σ (252 prior changes) |
| Daily open interest change (contracts) | 73,589 |
| Daily open interest change z-score (prior 252) | +0.61σ (252 prior changes) |
| Gamma max distance from close | +13.0% |
| Delta neutral distance from close | +3.6% |
| Prior-year sessions closer to gamma max | 77.0% of 252 |
| Prior-year sessions closer to delta neutral | 74.6% of 252 |

## Historical gamma-max cross outcomes

| Direction | Horizon | n | Median | Middle 50% | Above zero | Nominal ≥90% median interval | Confidence floor |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: |
| above | Day +1 | 14 | -0.5% | -1.2% to +2.0% | 43% | -1.3% to +2.1% | 0.0% |
| above | Day +3 | 14 | -0.3% | -2.0% to +1.7% | 50% | -2.1% to +1.8% | 0.0% |
| above | Day +5 | 14 | +0.5% | -2.5% to +1.9% | 57% | -2.6% to +2.0% | 0.0% |
| above | Day +10 | 14 | +2.0% | -4.4% to +5.2% | 57% | -5.0% to +5.3% | 0.0% |
| below | Day +1 | 14 | -0.1% | -1.2% to +0.8% | 50% | -1.3% to +0.9% | 0.0% |
| below | Day +3 | 14 | -0.5% | -1.8% to +1.8% | 43% | -1.9% to +2.1% | 0.0% |
| below | Day +5 | 14 | -1.1% | -1.8% to +2.3% | 43% | -1.8% to +2.4% | 0.0% |
| below | Day +10 | 14 | +0.1% | -3.6% to +2.8% | 50% | -3.8% to +3.0% | 0.0% |

Returns are close-to-close after the labelled number of subsequent trading sessions. Cohorts require gamma max to be within 10% of the close on both crossing sessions. Historical windows can overlap and are not independent observations, so interval coverage is not guaranteed.

- [Machine-readable snapshot](https://halfonadouble.com/api/v1/tickers/KRE.json)
- [Historical CSV](https://halfonadouble.com/api/v1/history/KRE.csv)
- [Complete advanced analysis](https://halfonadouble.com/api/v1/analysis/KRE.json?date=2026-10-02)

An em dash means unavailable, not zero. Values use the same display rounding as the HTML page. This is a current snapshot; full history and individual event paths are on the canonical page.

[Definitions and limitations](https://halfonadouble.com/methodology.md).