Marathon Petroleum Corp (MPC) Most Active Options

The 25 most actively traded Marathon Petroleum Corp (MPC) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

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

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
MPC $370 call Sep 18, 2026 25d $11.62 35.2% 1 0.49 353 1,638 10.7× avg
MPC $320 put Sep 18, 2026 25d $2.83 46.5% 21 -0.11 439 553 9.2× avg
MPC $340 put Sep 18, 2026 25d $6.65 0.0% 0 1.00 538 432 3.8× avg
MPC $350 put Sep 18, 2026 25d $10.30 46.6% 22 -0.32 428 329 2.9× avg
MPC $360 put Sep 18, 2026 25d $14.60 46.5% 58 -0.41 307 259 6.3× avg
MPC $470 call Sep 18, 2026 25d $0.41 45.4% 27 0.02 0 201 8.3× avg
MPC $330 put Sep 18, 2026 25d $4.35 46.1% 21 -0.17 370 102 1.7× avg
MPC $420 call Sep 18, 2026 25d $1.90 39.1% 23 0.11 42 101 4.2× avg
MPC $310 put Sep 18, 2026 25d $1.75 48.2% 22 -0.08 296 87 1.4× avg
MPC $410 call Sep 18, 2026 25d $2.80 39.6% 2 0.16 625 70 1.1× avg
MPC $380 call Sep 18, 2026 25d $8.70 36.1% 0 0.38 357 64 1.0× avg
MPC $360 call Sep 18, 2026 25d $17.15 33.8% 0 0.61 529 57 0.4× avg
MPC $430 call Sep 18, 2026 25d $1.12 40.4% 24 0.08 41 52 2.2× avg
MPC $370 call Oct 16, 2026 53d $19.70 38.3% 37 0.52 430 51 0.9× avg
MPC $530 call Sep 18, 2026 25d $0.05 50.6% 9 0.00 56 50 2.8× avg
MPC $180 put Jan 15, 2027 144d $0.80 53.1% 11 -0.01 257 50 71.9× avg
MPC $400 call Sep 18, 2026 25d $4.30 38.0% 1 0.21 373 43 0.6× avg
MPC $440 call Mar 19, 2027 207d $23.30 41.9% 43 0.36 11 37 8.8× avg
MPC $370 put Dec 18, 2026 116d $39.80 46.9% 12 -0.45 2 35 16.4× avg
MPC $400 call Oct 16, 2026 53d $9.80 39.5% 26 0.32 162 31 0.9× avg
MPC $300 put Oct 16, 2026 53d $3.70 46.8% 1 -0.11 173 27 2.1× avg
MPC $380 call Jan 15, 2027 144d $32.60 41.0% 41 0.51 142 26 4.5× avg
MPC $390 call Sep 18, 2026 25d $5.95 37.5% 1 0.29 438 24 0.4× avg
MPC $360 put Dec 18, 2026 116d $33.40 46.2% 11 -0.41 14 24 11.2× avg
MPC $340 put Oct 16, 2026 53d $13.05 45.8% 84 -0.29 49 21 0.9× avg

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active MPC contract today is the $370 call expiring in 25 days, with 1,638 contracts traded. Calls dominate the most-active list (14 of the top 25), showing where trading interest concentrates. 2 of these contracts are running well ahead of the usual daily volume.

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MPC Options FAQ

Which MPC option contract is most active today?

The most traded MPC contract is the $370 call expiring Sep 18, 2026, with 1,638 contracts traded as of Aug 24, 2026.

How does OptiView rank the most active MPC options?

The table lists the 25 MPC contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

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.