Bear Put Spreads Below the 200-Day
Bear Put Spread20 trades pass on KMI
- Return on risk
- 75.4% to 545.2%
- Probability of profit
- 33.7% to 57.0%
Kinder Morgan, Inc. · Energy
As of the close on . In the app, data is refreshed intraday.
KMI closed at $31.07 on Oct 2, 2026 with 30-day implied volatility of 25.5%. That is in the upper half of its one-year range (IV rank 55), so premiums are somewhat richer than usual for KMI. Measured by IV percentile, IV is higher than 74% of the past year's readings. Options expiring Oct 30 (28 days out) price a one standard deviation move of about $2.18, or 7.0%.
The price is below both its 50-day (-1.3%) and 200-day (-1.2%) moving averages. It is 9.4% below its 52-week high and 20.2% above its 52-week low. The 14-day RSI of 48.9 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $0.71, about 2.3% of the price, a measure of a typical day's range.
Option volume at the close (8.95K contracts) was 1.3x its average, busier than usual. A negative beta of -0.13 means KMI has tended to move against the broad market. 3 of our preset screens found trades on KMI at the close, led by Bear Put Spreads Below the 200-Day with 20 trades.
Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.
| Expiration | IV | Expected move | 1 SD range | Straddle |
|---|---|---|---|---|
| Oct 9, 20267 days | 21.8% | ±$0.94 (3.0%) | $30.13 to $32.01 | $0.75 |
| Oct 30, 202628 days | 25.3% | ±$2.18 (7.0%) | $28.89 to $33.25 | $1.74 |
| Nov 20, 202649 days | 26.3% | ±$3.00 (9.6%) | $28.07 to $34.07 | $2.39 |
| Dec 18, 202677 days | 24.1% | ±$3.44 (11.1%) | $27.63 to $34.51 | $2.75 |
Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.
Counts and ranges for KMI from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.
20 trades pass on KMI
18 trades pass on KMI
1 trade passes on KMI
Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.