Marathon Petroleum Corp (MPC) Options Statistics & Positioning

Marathon Petroleum Corp (MPC) options trade at a 30-day at-the-money implied volatility of 35.2%, an IV rank of 21 out of 100 over the past year. The options market prices a ±$33.30 (±9.2%) move in MPC for the front expiration. Max pain sits at $260 and the put/call open interest ratio is 0.84. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

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

Last close

$361.06

52-week range

$162.44 – $366.92

ATM IV (30d)

35.2%

IV rank

21 / 100

Low

Expected move

±$33.30 (±9.2%)

Put/call OI

0.84

Max pain

$260

↓ 28.0% below close

Next earnings

Nov 2, 2026

Most Active MPC Contracts

Contract	Expiration	DTE	Last	IV	Volume
MPC $370 call	Sep 18, 2026	25d	$11.62	35.2%	1,638
MPC $320 put	Sep 18, 2026	25d	$2.83	46.5%	553
MPC $340 put	Sep 18, 2026	25d	$6.65	0.0%	432
MPC $350 put	Sep 18, 2026	25d	$10.30	46.6%	329
MPC $360 put	Sep 18, 2026	25d	$14.60	46.5%	259

See all active MPC contracts →

Explore MPC Options Statistics

MPC Implied Volatility

35.2% ATM IV (30d)

An IV rank of 21 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

MPC Open Interest

0.84 put/call OI ratio

37,097 calls and 31,346 puts outstanding across all expirations.

Full open interest analysis →

MPC Max Pain

$260 max pain

28.0% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

MPC Gamma Exposure

$748.45M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

MPC Options Volume

4,867 contracts traded

Put/call volume ratio 0.81 — plus contracts running far above their usual volume.

Full volume & flow analysis →

MPC Most Active Options

$370 top volume strike

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

Full active contracts analysis →

Upcoming Earnings

MPC's next expected earnings date is Nov 2, 2026. Options currently price a ±$33.30 (±9.2%) move for the front expiration.

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MPC Options FAQ

When is MPC's next earnings date?

MPC's next expected earnings date is Nov 2, 2026. Options currently price a ±$33.30 (±9.2%) move for the front expiration.

How often is MPC options data on this page updated?

All MPC 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 MPC max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated MPC 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.