Investors with a lot of money to spend have taken a bullish stance on Kinder Morgan (NYSE:KMI).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens with KMI, it often means somebody knows something is about to happen.
Today, Benzinga’s options scanner spotted 8 options trades for Kinder Morgan.
This isn’t normal.
The overall sentiment of these big-money traders is split between 62% bullish and 25%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $29,000, and 7, calls, for a total amount of $410,940.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $3.0 to $20.0 for Kinder Morgan over the last 3 months.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Kinder Morgan’s options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Kinder Morgan’s substantial trades, within a strike price spectrum from $3.0 to $20.0 over the preceding 30 days.
Kinder Morgan Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
KMI | CALL | SWEEP | BEARISH | 06/21/24 | $0.75 | $0.73 | $0.73 | $19.00 | $109.6K | 23.1K | 1.7K |
KMI | CALL | TRADE | NEUTRAL | 01/16/26 | $16.6 | $16.25 | $16.45 | $3.00 | $82.2K | 51 | 50 |
KMI | CALL | SWEEP | BEARISH | 01/16/26 | $3.3 | $3.2 | $3.2 | $17.00 | $64.0K | 15.5K | 300 |
KMI | CALL | SWEEP | BULLISH | 06/20/25 | $3.15 | $3.05 | $3.13 | $17.00 | $62.9K | 2.5K | 404 |
KMI | CALL | TRADE | BULLISH | 06/20/25 | $3.15 | $3.05 | $3.12 | $17.00 | $31.2K | 2.5K | 204 |
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…
Click Here to Read the Full Original Article at Cryptocurrencies Feed…