The Coca-Cola Company (KO) Open Interest History
Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.
The Coca-Cola Company (KO) operates in the Consumer Defensive sector, specifically the Beverages - Non-Alcoholic industry, with a market capitalization near $370.36B, listed on NYSE, employing roughly 65,900 people, carrying a beta of 0.34 to the broader market. The Coca-Cola Company, a beverage company, manufactures and sells various nonalcoholic beverages in the United States and internationally. Led by Henrique Gnani Braun, public since 1962-01-02.
Snapshot as of Sep 30, 2026.
- Spot Price
- $86.19
- Call OI
- 353.6K
- Put OI
- 309.1K
- Total OI
- 662.8K
- Put/Call Ratio
- 0.22
As of Sep 30, 2026, The Coca-Cola Company (KO) has 662.8K total contracts outstanding across all expirations. Put/call OI ratio is 0.87 (balanced positioning). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.
How KO open interest history Data Feeds Strategy Selection
Strategy selection on The Coca-Cola Company options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 21.4% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the open interest history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
How to read the KO open-interest data
The open-interest time-series above tracks the total The Coca-Cola Company options inventory outstanding day by day. OI is a stock measure - the cumulative position count - so trends flag accumulating or distributing positioning. Current put/call ratio is 0.22, call-heavy - speculative or bullish positioning dominates. Total call OI of 353.6K versus put OI of 309.1K gives a put/call OI ratio of 0.87 - structurally a slower-moving signal than the volume-based ratio.
KO flow vs positioning
Volume tells you what flows happened today; OI tells you what positions accumulated. Both can move in opposite directions: rising volume with falling OI means contracts are being closed (covering); rising volume with rising OI means new positions are being opened. The combination matters more than either alone for reading sentiment. Combined with the current positive dealer-gamma regime, large OI clusters tend to act as price magnets through expiration cycles.
Using KO OI/volume data alongside other surfaces
Per-strike OI is the input to dealer-gamma calculations: strikes with elevated call OI generate gamma walls that dealers must hedge into as spot approaches them. The gamma-exposure page combines this distribution with the dealers' assumed-long-gamma assumption to project hedge flow. Volume cross-checks recent positioning shifts in the chain that haven't yet shown up in cumulative OI. Pair both with the term-structure view on the volatility page to determine whether the activity is concentrated in near-dated event hedging or longer-dated structural positioning. Front-month expiration for KO sits at 30 days, so near-dated volume currently dominates the flow reading.
Learn how open interest is reported and how to read the data →
Daily open-interest history for KO options over the last ~42 trading days. Each row reflects the end-of-day total OI summed across all listed strikes and expirations.
Most recent 15 trading days (descending). Older history appears in the chart above.
| Date | Call OI | Put OI | Total OI | P/C OI |
|---|---|---|---|---|
| Sep 30, 2026 | 353.6K | 309.1K | 662.8K | 0.87 |
| Sep 29, 2026 | 350.6K | 304.3K | 654.9K | 0.87 |
| Sep 28, 2026 | 342.1K | 297.0K | 639.2K | 0.87 |
| Sep 25, 2026 | 353.6K | 301.0K | 654.5K | 0.85 |
| Sep 24, 2026 | 347.8K | 298.0K | 645.8K | 0.86 |
| Sep 23, 2026 | 339.4K | 291.8K | 631.2K | 0.86 |
| Sep 22, 2026 | 327.9K | 285.7K | 613.6K | 0.87 |
| Sep 21, 2026 | 316.1K | 279.3K | 595.4K | 0.88 |
| Sep 18, 2026 | 385.1K | 330.6K | 715.7K | 0.86 |
| Sep 17, 2026 | 372.7K | 330.9K | 703.5K | 0.89 |
| Sep 16, 2026 | 368.7K | 328.1K | 696.8K | 0.89 |
| Sep 15, 2026 | 364.3K | 327.2K | 691.4K | 0.90 |
| Sep 14, 2026 | 397.7K | 322.5K | 720.3K | 0.81 |
| Sep 11, 2026 | 402.4K | 324.8K | 727.1K | 0.81 |
| Sep 10, 2026 | 399.3K | 320.7K | 720.0K | 0.80 |
KO highest open-interest contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $87.00 | Oct 9, 2026 | 6.8K | 194 | 18.3% | $0.67 | $0.72 |
| CALL | $88.00 | Oct 9, 2026 | 6.6K | 812 | 18.0% | $0.35 | $0.39 |
Top 2 contracts from the institutional-grade nightly options scan; ranked by oi within the broader S&P 500/400/600 + ETF universe.
Frequently asked KO open interest history questions
- What is the current KO options open interest?
- As of Sep 30, 2026, The Coca-Cola Company (KO) has 662.8K total contracts outstanding across all listed expirations, split as 353.6K calls and 309.1K puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
- What is the KO put/call open interest ratio?
- Put/call OI ratio of 0.87 is balanced.
- What does KO open interest tell traders?
- Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.