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KMI Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete KMI options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around KMI.

Latest Data: 2026-08-17 (EDT)
Max Pain Price
35
Exp: 2026-08-21
Gamma Flip
31.22
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.498
Shows put vs call positioning
IV Skew
-1.92
Put–call IV difference
Max Pain Price Volatility
σ = 5.00
low volatility
Confidence 62%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. Options Chian

On the put side, the bearish positioning looks mainly like hedging. This reflects caution and short-term protection rather than a true bearish call. Confidence: 100%

Current DPI is 0.687(bearish). Bearish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are moderately choppy. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-09-18 options expiry. 100% confidence

The support levels for KMI are at 32.20, 31.99, and 31.58, while the resistance levels are at 32.46, 32.67, and 33.08. The pivot point, a key reference price for traders, is at 35.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 1.01% 1-day move.


The expected range for the next 4 days is 31.74 33.01 , corresponding to +2.10% / -1.82% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.


Bullish flow suggests upside interest toward 33.42 (3.38% above spot).

Bearish positioning points to downside pressure toward 31.41 (2.85% below spot).


Options flow strength: 0.62 (0–1 scale). ATM Strike: 32.50, Call: 0.27, Put: 0.39, Straddle Cost: 0.65.


Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 31.22 . The mid-term gamma flip remains near 31.22.