Consumer Consumer Live Data Updated 2025-12-30

KO Options

The Coca-Cola Company Options Chain, Implied Volatility & Greeks

Comprehensive options market data for The Coca-Cola Company (KO). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.

KO Options at a Glance

Daily Volume: 40K+ contracts
Bid-Ask Spread: Varies by strike
Open Interest: 400K+ contracts
IV Range: 18% - 45%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: Check earnings calendar
Avg Volume
40K+ contracts
Open Interest
400K+ contracts
IV Range
18% - 45%
Liquidity
Good
Weeklies
Yes
LEAPS
Yes

1 About The Coca-Cola Company (KO)

The Coca-Cola Company trades on NYSE. Options on KO are actively traded by retail and institutional investors.

Company Profile

Sector Consumer
Industry Beverages
Market Cap Large Cap
Exchange NYSE

Key Dates

Next Earnings Check earnings calendar
Earnings Frequency Quarterly
Dividend Schedule Varies
Fiscal Year End December

KO is an actively traded options name in the Beverages space.

2 KO Options Market Overview

KO options offer good liquidity for traders seeking exposure to Beverages.

Average Daily Volume 40K+ contracts
Total Open Interest 400K+ contracts
Put/Call Ratio 0.6 - 1.0 typical
Typical ATM Spread Varies by strike
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Good

KO options provide good liquidity for most trading strategies.

3 KO Volatility Profile

KO implied volatility reflects market expectations for The Coca-Cola Company price movement.

Low IV Environment
18% - 25%
Below average volatility
Typical IV Range
25% - 35%
Normal conditions
Elevated IV
35% - 45%
Above average volatility

Earnings Impact

IV typically increases before earnings and contracts afterward (IV crush).

Historical Volatility vs IV

Compare IV to historical volatility to assess option pricing relative to realized moves.

Term Structure

Term structure varies with market conditions and upcoming events.

View KO IV Analytics

KO Gamma Exposure (GEX)

Gamma Exposure (GEX) analysis for KO shows how dealer hedging may impact price behavior.

Typical GEX Profile: GEX profile varies based on market conditions and option positioning.

Key Levels: Major put and call walls at round number strikes may act as support/resistance.

Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.

View Live KO GEX

4 Common KO Options Strategies

These are strategies commonly used by traders on KO options, based on typical market characteristics. This is not investment advice.

Used by KO traders for income exposure. Good liquidity supports efficient execution.

Used by KO traders for income exposure. Good liquidity supports efficient execution.

Vertical Spreads Directional

Used by KO traders for directional exposure. Good liquidity supports efficient execution.

Used by KO traders for neutral exposure. Good liquidity supports efficient execution.

Strangles Volatility

Used by KO traders for volatility exposure. Good liquidity supports efficient execution.

Key Considerations for KO Options

  • KO options liquidity: Good - affects execution quality
  • IV range: 18% - 45% - important for premium selling strategies
  • Earnings events can significantly impact IV and option prices
  • Consider position sizing based on underlying volatility
  • Weekly options available for short-term strategies
  • LEAPS available for longer-term positioning

Frequently Asked Questions: KO Options

What are KO options?

KO options are derivative contracts that give you the right to buy (call) or sell (put) The Coca-Cola Company shares at a specific price before expiration.

How do I analyze KO implied volatility?

KO IV typically ranges from 18% - 25% during quiet periods to 35% - 45% around earnings and major events. Compare current IV to historical ranges to assess relative value.

What is the typical bid-ask spread for KO options?

KO options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.

When does KO report earnings?

The Coca-Cola Company typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.

What strategies work best for KO options?

Popular KO strategies include covered calls, cash-secured puts, and vertical spreads. Strategy selection depends on market outlook and risk tolerance.

What is the best time to trade KO options?

The most liquid trading hours for KO options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.

How do I calculate KO option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for KO options across all strikes and expirations.

What happens to KO options at expiration?

In-the-money KO options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

Explore KO Options Data

Access institutional-grade analytics including gamma exposure, implied volatility, and real-time options flow.