KO Options
KO $92.55 · Updated Oct 26, 4:00 PM ET
KO is at $92.55. The nearest expiration, Oct 30, 2026 (4 days out), lists 38 strikes, with 22,443 calls and 22,499 puts traded in the latest session. At-the-money implied volatility is 37.9%. The at-the-money straddle prices a move of about $2.96 (3.2%) by expiration.
KO Options Chain
KO is at $92.55. The nearest expiration, Oct 30, 2026 (4 days out), lists 38 strikes, with 22,443 calls and 22,499 puts traded in the latest session. At-the-money implied volatility is 37.9%. The at-the-money straddle prices a move of about $2.96 (3.2%) by expiration.
KO Gamma Exposure (GEX)
KO total dealer gamma exposure is $61M across all listed expirations. Positive GEX means dealers are net long gamma; their hedging tends to dampen price moves. The gamma flip is $84.24, with spot 9.9% above it. The call wall is $95.00 and the put wall $90.00.
KO Max Pain
KO max pain for Oct 30, 2026 (4 days out) is $90.00, 2.8% below the current $92.55. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $91.00.
KO Put/Call Ratio
Across every listed KO expiration, the put/call ratio is 0.77 by volume and 0.87 by open interest. More calls than puts are trading. 256,978 puts and 294,245 calls are open in total.
KO Implied Volatility
KO at-the-money implied volatility is 37.9% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 20.8%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
KO Open Interest by Strike
Across all KO expirations, the largest call open interest near the current $92.55 sits at the $90.00 strike (49,361 contracts) and the largest put open interest at $85.00 (19,660). 294,245 calls and 256,978 puts are open in total.
KO Expected Move
The options market prices KO to move about $2.96 (3.2%) by Oct 30, 2026, a range of $89.59 to $95.51. For Nov 27, 2026 (32 days out) the expected move is $4.57 (4.9%).