Kodiak Gas Services, Inc. (KGS) Implied Volatility

Kodiak Gas Services, Inc. (KGS) options trade at a 30-day at-the-money implied volatility of 51.0%, an IV rank of 73 out of 100 over the past year. This page breaks down KGS's implied volatility in plain English: where it sits versus its own history, how it compares with realized movement, and what the term structure and skew are saying.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$59.19
52-week range
$32.93 – $75.79
ATM IV (30d)
51.0%
IV rank
73 / 100
High
Expected move
±$7.90 (±13.3%)
Put/call OI
3.37
Put-heavy
Max pain
$60
↑ 1.4% above close
Next earnings
Nov 8, 2026

Implied Volatility & Expected Move

0%19%38%57%76%Jan '26May '26Aug '26

KGS 30-day at-the-money implied volatility, past year.

ATM IV — front expiration51.0%
ATM IV — 2 month48.1%
IV rank (1 year)73 / 100
IV percentile (1 year)84%
Expected move (front expiration)±$7.90 (±13.3%)
Historical volatility — 10 day45.5%
Historical volatility — 21 day57.6%
Historical volatility — 30 day52.6%
Historical volatility — 60 day48.3%
IV / HV ratio0.97
Term slope (front − 3M)+2.9 pts

An IV rank of 73 places current implied volatility near the top of its 52-week range. An IV/HV ratio of 0.97 means implied volatility is roughly in line with recent realized volatility. The term structure is in backwardation — front-month IV exceeds 3-month IV, a pattern often seen around near-term events.

KGS IV Rank History

38557289106Feb '26May '26Aug '26

KGS IV rank (0–100), past year.

IV rank has fallen from 78 in Feb '26 to 73 today. An IV percentile of 84% means implied volatility was lower than today on 84% of trading days in the past year.

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KGS Options FAQ

What is the implied volatility of KGS options?

KGS options trade at a 30-day at-the-money implied volatility of 51.0% as of Aug 24, 2026. That is an IV rank of 73 out of 100, meaning implied volatility is elevated relative to its own 52-week range.

Is KGS implied volatility high or low right now?

By its own 52-week standards, KGS implied volatility is currently high: IV rank is 73 out of 100 as of Aug 24, 2026. Compared with realized movement, the IV/HV ratio of 0.97 shows options pricing less movement than the stock has recently delivered.

What move do KGS options imply before the next expiration?

Front-expiration KGS options imply a one-standard-deviation move of ±$7.90 (±13.3%) as of Aug 24, 2026, derived from at-the-money option prices.

What is the difference between KGS's IV rank and IV percentile?

IV rank (currently 73) measures where today's implied volatility sits between its 52-week low and high. IV percentile (currently 84%) counts the share of trading days in the past year with lower implied volatility than today. Percentile is less distorted by one-off volatility spikes.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.