How do I buy KREF options?

To buy KREF (KKR Real Estate Finance Trust Inc.) options, you need a brokerage account with options trading enabled. Search for KREF options on your broker's platform, select the strike price and expiration date, choose call or put, and place your order. Make sure you understand the risks before trading options.

What is the current implied volatility for KREF options?

KREF implied volatility (IV) varies by strike price and expiration date. Use our free options search tool above to see real-time IV for specific KREF option contracts. Higher IV means options are more expensive due to expected price movement.

Should I buy calls or puts on KREF?

Buy KREF call options if you expect the stock price to rise, or put options if you expect it to fall. Consider factors like implied volatility, time to expiration, and your risk tolerance. Call options profit when KKR Real Estate Finance Trust Inc. stock goes up; puts profit when it goes down.

What are the most traded KREF options?

The most actively traded KREF options are typically near-the-money (ATM) options with 30-45 days to expiration. Use our tool to search KREF options sorted by volume to find the most liquid contracts with tight bid-ask spreads.

KREF

KKR Real Estate Finance Trust Inc. Options

Search KREF call options and put options with real-time pricing, Greeks, and implied volatility data.

Search KREF Options Now

$8.18

+$0.08 (+0.99%)

Prev Close

$8.1

Open

$8.06

Day Range

$8.05 - $8.27

Volume

227,320

Last updated: Jan 27, 2026 02:26 PM EST

About KREF Options

KKR Real Estate Finance Trust Inc. (KREF) options give traders the right to buy or sell KREF stock at a predetermined price before a specific expiration date. Options are powerful financial instruments used for speculation, hedging, and income generation.

Call Options

KREF call options give you the right to buy shares at the strike price. Profit when KKR Real Estate Finance Trust Inc. stock rises.

Put Options

KREF put options give you the right to sell shares at the strike price. Profit when KKR Real Estate Finance Trust Inc. stock falls.

What Data You'll Find

Our free KREF options search tool provides:

Strike Prices — Various price levels for calls and puts
Expiration Dates — Filter by 7, 30, 60, or 90 days out
Premium (Price) — Current option contract prices
Volume & Open Interest — Liquidity and market activity
Implied Volatility (IV) — Market's expected price movement
Greeks — Delta, Gamma, Theta, Vega sensitivity measures
Intrinsic & Extrinsic Value — Value breakdown

Pro Tip: Look for KREF options with high volume and open interest for better liquidity and tighter bid-ask spreads.

Understanding KREF Options Greeks

When trading KKR Real Estate Finance Trust Inc. options, the Greeks help you understand how the option price will change:

Delta (Δ)

How much the KREF option price moves when the stock moves $1. A delta of 0.50 means the option gains $0.50 for every $1 stock increase.

Theta (Θ)

Daily time decay of the option. KREF options lose value each day as expiration approaches, even if the stock price stays flat.

Gamma (Γ)

Rate of Delta change. Higher gamma means Delta moves faster, making near-ATM KREF options more responsive to price changes.

Vega (ν)

Volatility sensitivity. When KKR Real Estate Finance Trust Inc.'s implied volatility rises, high-vega options become more valuable.

Learn more:

Implied Volatility ITM Options OTM Options Intrinsic Value Open Interest

KREF Options FAQ

To buy KREF (KKR Real Estate Finance Trust Inc.) options, you need a brokerage account with options trading enabled (like TD Ameritrade, E*TRADE, or Robinhood). Search for KREF options, select your desired strike price and expiration, choose call or put, and place your order. Always understand the risks and consider starting with paper trading.

The optimal expiration depends on your strategy. 30-45 day expirations offer a good balance of time value and theta decay for most traders. Shorter expirations (7-14 days) have higher gamma but faster time decay. Longer expirations (60-90+ days) cost more but give the trade more time to work.

Use our options search tool to see current KREF implied volatility levels. Compare the IV to historical averages to determine if options are relatively expensive (high IV) or cheap (low IV). High IV often occurs before earnings or major events.

ITM (In The Money) KREF options have intrinsic value — calls where strike < stock price, puts where strike > stock price. They're more expensive but have higher delta. OTM (Out of The Money) options are cheaper but have lower probability of profit. ATM (At The Money) options have strike ≈ stock price and highest gamma.

KKR Real Estate Finance Trust Inc. Options