KKR Real Estate Finance (KREF) Options Chain
NYSE: KREFReal EstateReal Estate Investment TrustsUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
After hours: 6.37 0.00%
Expiration date
- Expiration
- Oct 16, 2026
- Days to expiration
- 8
- Share price
- $6.37
- Put/call ratio (OI)
- 0.15
- Put/call ratio (volume)
- 10.33
- ATM implied volatility
- 134.8%
- Expected move
- ±$1.27
- Open interest (C / P)
- 178 / 27
KREF options summary
The KREF options chain for the October 16, 2026 expiration lists 4 call and 3 put contracts, with 8 days until expiration. Open interest stands at 178 calls and 27 puts, a put/call ratio of 0.15, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $7.50 strike is 134.8%, which implies the market expects a move of about ±$1.27 (20.0%) in KKR Real Estate Finance stock by expiration.
The most open interest sits at the $7.50 call (160 contracts) and the $10.00 put (25 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
KREF options chain · October 16, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 4.95 | 4.40 | 5.60 | 2.50 | — | — | — | |||||
| 2.70 | 0.90 | 1.55 | 5.00 | 0.00 | 0.00 | 0.05 | |||||
| 0.10 | 0.00 | 0.30 | 7.50 | 1.00 | 1.70 | 1.27 | |||||
| 0.06 | 0.00 | 0.20 | 10.00 | 3.10 | 4.20 | 4.20 | |||||
In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.
Frequently asked questions
What is the KREF put/call ratio?
For the October 16, 2026 expiration, the KREF put/call ratio based on open interest is 0.15 (27 puts vs 178 calls), and 10.33 based on today's volume. A ratio above 1 means more puts than calls.
What is KREF's implied volatility?
At-the-money implied volatility for KREF options expiring October 16, 2026 is about 134.8%, an annualized estimate of how much the market expects KKR Real Estate Finance stock to move.
How many KREF option expiration dates are there?
KREF has 3 listed expiration dates, from Oct 16, 2026 to Apr 16, 2027.
What does "in the money" mean?
A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.