Kinder Morgan, Inc. (KMI)
Overview · Option chain · Volatility · Expected-move history · Earnings
Cboe delayed options data · as of 12:38 UTC · Figures derived from the full chain (628 contracts, 13 expirations) · IV own-history percentile appears after 60 recorded days (28 so far)
Expected move · Oct 30, 2026 (11 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±4.3% (range 32.65–35.58) by Oct 30, 2026. ATM straddle: 1.47 @ strike 34 · ATM IV: 27.3%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 30.70 | -10% | 98.6% | 1.4% |
| 32.40 | -5% | 85.6% | 14.4% |
| 34.11 | +0% | 49.1% | 50.9% |
| 35.82 | +5% | 14.5% | 85.5% |
| 37.52 | +10% | 2.1% | 97.9% |
Model-estimated probabilities of finishing above/below each level at expiration: estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Oct 30, 2026 · lognormal model with zero drift: an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Oct 23, 2026 | 4 | ±3.4% | 30.9% | 11.5K |
| Oct 30, 2026 | 11 | ±4.3% | 27.3% | 11.5K |
| Nov 06, 2026 | 18 | ±5.3% | 26.4% | 5,076 |
| Nov 13, 2026 | 25 | ±5.8% | 25.6% | 2,545 |
| Nov 20, 2026 | 32 | ±6.4% | 25.5% | 10.2K |
| Nov 27, 2026 | 39 | ±6.8% | 25.1% | 134 |
| Dec 18, 2026 | 60 | ±7.9% | 23.9% | 57.6K |
| Jan 15, 2027 | 88 | ±9.5% | 23.9% | 66.8K |
| Mar 19, 2027 | 151 | ±12.4% | 24.0% | 18.6K |
Open interest by strike · Oct 30
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 35 C · 18.5K30 P · 13.9K34 C · 9,42433 C · 9,25436 C · 7,257
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Daily closes; Financial Modeling Prep.
Track record
Full history →Of 93 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 78.5% of the time.
Past earnings reactions
Avg |reaction| 2.3% · median 2.0% (20 reports). Two-session close-to-close window; definition
About Kinder Morgan, Inc.
Kinder Morgan, Inc. operates as a leading energy infrastructure company across North America. Its extensive operations are categorized into four primary business segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment manages a vast network of interstate and intrastate natural gas pipelines, along with underground storage systems. This includes natural gas gathering systems, processing and treatment facilities, natural gas liquids fractionation plants, transportation systems, and infrastructure for liquefied natural gas liquefaction and storage. Within its Products Pipelines segment, the company owns and operates pipelines designed for refined petroleum products, crude oil, and condensate, supported by associated product terminals and facilities for petroleum pipeline transmix. The Terminals segment involves the ownership and operation of both liquid and bulk terminals that are utilized for storing and handling a wide array of commodities, such as gasoline, diesel fuel, various chemicals, ethanol, metals, and petroleum coke. This division also includes the ownership of tankers. Lastly, the CO2 segment is dedicated to the production
Energy · Oil & Gas Midstream · NYSE · Profile: Financial Modeling Prep
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