Smart Money Is Betting Big In KMI Options

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Financial giants have made a conspicuous bearish move on Kinder Morgan. Our analysis of options history for Kinder Morgan KMI revealed 9 unusual trades.

Delving into the details, we found 22% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $100,604, and 6 were calls, valued at $627,490.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $20.0 to $30.0 for Kinder Morgan during the past quarter.

Insights into Volume & Open Interest

In today's trading context, the average open interest for options of Kinder Morgan stands at 11543.75, with a total volume reaching 4,377.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Kinder Morgan, situated within the strike price corridor from $20.0 to $30.0, throughout the last 30 days.

Kinder Morgan Option Activity Analysis: Last 30 Days

Options Call Chart

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
KMI CALL SWEEP BULLISH 01/17/25 $8.35 $8.3 $8.35 $20.00 $207.0K 42.5K 791
KMI CALL SWEEP BEARISH 01/17/25 $8.4 $8.3 $8.33 $20.00 $124.9K 42.5K 486
KMI CALL SWEEP BEARISH 01/17/25 $8.35 $8.3 $8.33 $20.00 $87.4K 42.5K 896
KMI CALL SWEEP NEUTRAL 01/17/25 $8.35 $8.3 $8.32 $20.00 $83.2K 42.5K 186
KMI CALL SWEEP NEUTRAL 01/17/25 $8.35 $8.3 $8.32 $20.00 $62.4K 42.5K 336

About Kinder Morgan

Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 82,000 miles in pipelines and 139 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.

Following our analysis of the options activities associated with Kinder Morgan, we pivot to a closer look at the company's own performance.

Present Market Standing of Kinder Morgan

  • Trading volume stands at 6,000,791, with KMI's price down by -0.02%, positioned at $28.29.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 11 days.

Expert Opinions on Kinder Morgan

In the last month, 3 experts released ratings on this stock with an average target price of $27.666666666666668.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on Kinder Morgan with a target price of $30. * An analyst from Scotiabank downgraded its action to Sector Perform with a price target of $26. * Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on Kinder Morgan with a target price of $27.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Kinder Morgan with Benzinga Pro for real-time alerts.

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