MADRIGAL PHARMACEUTICALS, INC. (MDGL) Options Statistics & Positioning

MADRIGAL PHARMACEUTICALS, INC. (MDGL) options trade at a 30-day at-the-money implied volatility of 34.8%, an IV rank of 26 out of 100 over the past year. The options market prices a ±$22.77 (±4.8%) move in MDGL for the front expiration. Max pain sits at $480 and the put/call open interest ratio is 0.29. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$471.85

52-week range

$412.91 – $612.00

ATM IV (30d)

34.8%

IV rank

26 / 100

Low

Expected move

±$22.77 (±4.8%)

Put/call OI

0.29

Call-heavy

Max pain

$480

↑ 1.7% above close

Next earnings

Nov 3, 2026

What's MDGL's IV rank right now?Where's the max pain for MDGL?Explain what gamma exposure means for MDGL.

Most Active MDGL Contracts

Contract	Expiration	DTE	Last	IV	Volume
MDGL $420 put	Oct 16, 2026	7d	$0.65	68.2%	38
MDGL $520 call	Oct 16, 2026	7d	$1.55	41.6%	23
MDGL $410 put	Oct 16, 2026	7d	$0.45	64.5%	16
MDGL $430 put	Oct 16, 2026	7d	$1.05	60.5%	16
MDGL $470 call	Oct 16, 2026	7d	$14.50	29.7%	9

See all active MDGL contracts →

Explore MDGL Options Statistics

MDGL Implied Volatility

34.8% ATM IV (30d)

An IV rank of 26 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

MDGL Open Interest

0.29 put/call OI ratio

8,130 calls and 2,347 puts outstanding across all expirations.

Full open interest analysis →

MDGL Max Pain

$480 max pain

1.7% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

MDGL Gamma Exposure

$355.1M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

MDGL Options Volume

173 contracts traded

Put/call volume ratio 1.58 — plus contracts running far above their usual volume.

Full volume & flow analysis →

MDGL Most Active Options

$420 top volume strike

The 25 most actively traded MDGL contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

MDGL's next expected earnings date is Nov 3, 2026. Options currently price a ±$22.77 (±4.8%) move for the front expiration.

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MDGL Options FAQ

When is MDGL's next earnings date?

MDGL's next expected earnings date is Nov 3, 2026. Options currently price a ±$22.77 (±4.8%) move for the front expiration.

How often is MDGL options data on this page updated?

All MDGL statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see MDGL max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated MDGL pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

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.