KMI
Kinder MorganPrices and gamma are point-in-time snapshots taken at the time shown. Dealer positioning is an assumption, not an observable: open interest shows that a contract exists, never which side a dealer holds. How dealer gamma is computed.
LIVE MARKET SNAPSHOT
| Call Wall | 31 |
| Put Wall | 31 |
| GEX Flip | 30.5 |
| Net GEX | $3.8M |
Cached snapshot as of 2026-09-16 09:10 UTC, live streaming data in the terminal.
KMI DEALER GAMMA BY STRIKE
Part of the SquawkFlow GEX Calculator: gamma by strike for any US stock. Compare with SPX GEX.
Net gamma exposure at each strike near KMI's spot price, signed from the dealer perspective, calls positive, puts negative. Green strikes are where hedging tends to dampen moves; red is where it tends to amplify them. Dealer positioning is an assumption rather than an observable, so treat these as a map of where hedging pressure concentrates, not a forecast.
Unit: USD of dealer gamma per 1 percent move in spot. A window of the KMI option chain, not the whole book: the 30 strikes nearest spot out of 41 seen, 614 contract rows spanning 14 expirations. Gamma is taken as the chain publishes it per contract; nothing here is re-priced. Crossed with the open interest carried on that chain.
New to these levels? Start with the call wall and put wall, or the zero gamma level where the sign of dealer hedging flips.
| Strike | Net GEX | Call GEX | Put GEX | Concentration |
|---|---|---|---|---|
| 21 | $77 | $77 | $0 | |
| 22 | $0 | $0 | $0 | |
| 23 | -$21.3K | $0 | -$21.3K | |
| 24 | $0 | $0 | $0 | |
| 25 | -$74.6K | $5.3K | -$80.0K | |
| 26 | -$4.2K | $0 | -$4.2K | |
| 27 | $9.9K | $133.9K | -$124.0K | |
| 28 | -$94.6K | $0 | -$94.6K | |
| 28.5 | -$8.4K | $0 | -$8.4K | |
| 29 | -$632.8K | $166.5K | -$799.3K | |
| 29.5 | -$32.5K | $0 | -$32.5K | |
| 30 | $424.7K | $2.2M | -$1.8M | |
| 30.5GEX FLIP | -$12.8K | $108.8K | -$121.6K | |
| 31SPOTCALL WALLPUT WALL | -$943.1K | $2.2M | -$3.2M | |
| 31.5 | $226.8K | $226.8K | $0 | |
| 32 | $967.9K | $1.5M | -$517.4K | |
| 32.5 | $0 | $0 | $0 | |
| 33 | $1.6M | $1.6M | $0 | |
| 33.5 | $0 | $0 | $0 | |
| 34 | $639.6K | $639.6K | $0 | |
| 34.5 | $0 | $0 | $0 | |
| 35 | $1.4M | $1.4M | $0 | |
| 35.5 | $0 | $0 | $0 | |
| 36 | $729 | $729 | $0 | |
| 36.5 | $0 | $0 | $0 | |
| 37 | $147.5K | $147.5K | $0 | |
| 38 | $0 | $0 | $0 | |
| 39 | $0 | $0 | $0 | |
| 40 | $264.2K | $264.2K | $0 | |
| 41 | $0 | $0 | $0 |
These levels were captured September 16, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.
ABOUT KMI
Kinder Morgan is one of the largest energy infrastructure companies in North America, owning an interest in or operating approximately 83,000 miles of pipelines and 140 terminals. It transports natural gas, refined petroleum products, crude oil, CO2, and other products across its vast pipeline network.
WHY TRACK KMI ON SQUAWKFLOW
KMI options flow is a gauge for midstream infrastructure investment and natural gas demand. Institutional positioning shifts often anticipate changes in pipeline tariff rates and export terminal throughput.
KMI DATA ON SQUAWKFLOW
Options Flow
KMI options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last KMI price, change, volume, and the current dealer-gamma regime
GEX Dashboard
KMI gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of KMI market microstructure in real time
News Sentiment
KMI news with AI sentiment scoring and impact analysis
Sector Context
Energy sector rotation and relative strength vs peers
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