Ticker Options Intelligence

KREF options intelligence

KKR Real Estate Finance Trust Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 37 Market data through 29 Jul 2026 Checked 30 Jul 2026 00:29 · complete available chain

Options-market disagreement

Mixed pressure

KREF currently carries mixed options pressure with a 37/100 conviction score. The nearest-chain expected move is 15.5%, with volume/open-interest participation at 0.06.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Chart Weekly report
Primary read Mixed

Options-market disagreement

Expected move 15.5%

Wider near-term move priced

Activity / OI 0.06

Current volume is quieter versus prior open interest

Put-call 0.73

Call-side skew

Trend fit 70

Options agree with trend context

Weekly backdrop +0.7%

RS -8.8

Expected move 15.5%
Put-call volume 0.73
Volume / OI 0.06
Reference IV 1.38
Max pain 7.50
Underlying 7.34
Nearest expiry 21 Aug 2026
Contracts 21

Options Intent Radar

Multi-expiry position-maintenance candidate

64/100
Primary intent Multi-expiry position-maintenance candidate

Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.

Flow vs price divergence No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $19478 of estimated gross traded notional, puts · 46-90 days · itm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+3
1W price+0.7%
Call premium51%
Put premium49%
Notional split C 51% / P 49% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.06 Volume divided by open interest across the visible chain.
Trend fit 70/100 Agreement between options pressure and Sharemaestro market context.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction. Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Conviction clusters Puts · 46-90 days · ITM
Puts · 46-90 days · ITM puts cluster with 21 contracts traded, $7665 estimated gross traded notional, and 39% of visible notional.
$7665
Calls · 91+ days · ITM calls cluster with 28 contracts traded, $7620 estimated gross traded notional, and 39% of visible notional.
$7620
Calls · 46-90 days · ITM calls cluster with 10 contracts traded, $2225 estimated gross traded notional, and 11% of visible notional.
$2225
Puts · 22-45 days · ITM puts cluster with 4 contracts traded, $1280 estimated gross traded notional, and 7% of visible notional.
$1280
Puts · 22-45 days · ATM puts cluster with 2 contracts traded, $200 estimated gross traded notional, and 1% of visible notional.
$200

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

Activity Anomaly

High anomaly

100

Current options activity is unusually hot versus this ticker's stored history.

Volume rank100th
Volume/OI rank100th
IV rank100th

Market Context

Underlying confirmation

Sharemaestro weekly
Close7.34
1W+0.7%
RS-8.8
Fair value-12.0%
Options pressure3
Speculation34
Volatility96
Trend fit70

Today Versus Normal

Stored-options context

View history
Expected move 15.5% elevated
30d avg 7.0% · 1 read 100th
90d avg 7.0% · 1 read 100th
180d avg 7.0% · 1 read 100th
IV 1.38 elevated
30d avg 0.97 · 1 read 100th
90d avg 0.97 · 1 read 100th
180d avg 0.97 · 1 read 100th
Put-call 0.73 muted
30d avg 26.00 · 1 read 0th
90d avg 26.00 · 1 read 0th
180d avg 26.00 · 1 read 0th
Volume/OI 0.06 elevated
30d avg 0.02 · 1 read 100th
90d avg 0.02 · 1 read 100th
180d avg 0.02 · 1 read 100th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 11:27 Volatility
Pressure -100
Move 7.0%
29 Jul 23:29 Mixed
Pressure 3
Move 15.5%

Strike Map

Where activity is clustering

Full strike map
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike7.50
Calls · V 1 · OI 90
Puts · V 2 · OI 21
Strike10.00
Calls · V 0 · OI 1
Puts · V 4 · OI 1

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts5
Avg IV1.38
Put-call6.00
Expiry18 Sep 2026
Contracts3
Avg IV0.98
Put-call-
Expiry16 Oct 2026
Contracts7
Avg IV1.01
Put-call1.92
Expiry15 Jan 2027
Contracts6
Avg IV0.62
Put-call0.03

Skew

Call/put IV balance

OTM demand
21 Aug 2026Put IV premium
Call IV0.83
Put IV1.91
Skew1.08
18 Sep 2026Put IV premium
Call IV0.52
Put IV1.83
Skew1.31
16 Oct 2026Put IV premium
Call IV0.64
Put IV0.81
Skew0.18
15 Jan 2027Incomplete skew
Call IV0.64
Put IV-
Skew-

Contract Tape

Most active contracts

Full contract tape
ContractKREF270115P00010000
SidePut
Expiry15 Jan 2027
Strike10.00
Volume-
OI100
IV1.19
ContractKREF260918C00007500
SideCall
Expiry18 Sep 2026
Strike7.50
Volume-
OI2
IV0.52
ContractKREF260821C00010000
SideCall
Expiry21 Aug 2026
Strike10.00
Volume-
OI1
IV1.39
ContractKREF260821P00005000
SidePut
Expiry21 Aug 2026
Strike5.00
Volume-
OI1
IV1.91
ContractKREF260918P00007500
SidePut
Expiry18 Sep 2026
Strike7.50
Volume-
OI1
IV0.60
ContractKREF261016C00002500
SideCall
Expiry16 Oct 2026
Strike2.50
Volume-
OI-
IV2.06
ContractKREF261016P00010000
SidePut
Expiry16 Oct 2026
Strike10.00
Volume21
OI25
IV1.25
ContractKREF270115C00005000
SideCall
Expiry15 Jan 2027
Strike5.00
Volume20
OI-
IV0.00