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 Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$281.71
52-week range
$158.57 – $284.05
ATM IV (30d)
36.0%
IV rank
23 / 100
Low
Expected move
±$14.06 (±5.0%)
Put/call OI
0.66
Call-heavy
Max pain
$220
↓ 21.9% below close
Next earnings
Aug 3, 2026

Most Active MPC Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
MPC $290 call Aug 21, 2026 42d $10.36 37.7% 27 0.46 482 369 7.5× avg
MPC $220 call Jul 17, 2026 7d $58.60 0.0% 0 1.00 565 361 6.4× avg
MPC $220 call Aug 21, 2026 42d $60.00 43.9% 46 0.96 11 339 53.6× avg
MPC $280 put Jul 17, 2026 7d $4.10 35.3% 0 -0.39 323 282 3.0× avg
MPC $280 call Jul 17, 2026 7d $6.90 36.0% 21 0.61 1,934 217 3.6× avg
MPC $300 call Jul 17, 2026 7d $0.85 35.9% 0 0.13 754 99 6.1× avg
MPC $240 put Aug 21, 2026 42d $2.18 39.5% 61 -0.09 101 95 2.5× avg
MPC $270 put Jul 17, 2026 7d $1.85 37.4% 24 -0.17 318 89 1.0× avg
MPC $280 call Aug 21, 2026 42d $15.30 37.3% 22 0.57 283 86 3.8× avg
MPC $390 call Dec 18, 2026 161d $4.00 38.0% 38 0.14 2 70 31.6× avg
MPC $260 call Jul 17, 2026 7d $21.36 36.1% 65 0.96 761 66 3.3× avg
MPC $270 call Jul 17, 2026 7d $12.10 34.7% 0 0.85 2,334 59 1.0× avg
MPC $200 call Mar 19, 2027 252d $95.00 42.6% 28 0.89 123 50 44.0× avg
MPC $290 call Jul 17, 2026 7d $3.18 34.8% 0 0.33 1,055 48 1.7× avg
MPC $350 call Jan 15, 2027 189d $10.21 36.5% 20 0.27 18 40 18.0× avg
MPC $310 call Sep 18, 2026 70d $8.95 36.9% 31 0.33 419 33 1.4× avg
MPC $260 call Dec 18, 2026 161d $38.60 39.0% 32 0.69 213 29 8.6× avg
MPC $300 call Aug 21, 2026 42d $7.80 38.0% 44 0.36 123 28 1.2× avg
MPC $230 call Sep 18, 2026 70d $56.64 38.3% 28 0.91 862 27 4.3× avg
MPC $250 put Sep 18, 2026 70d $6.44 39.1% 57 -0.20 449 23 0.6× avg
MPC $250 call Aug 21, 2026 42d $35.92 39.7% 29 0.85 83 22 2.9× avg
MPC $250 put Aug 21, 2026 42d $3.70 41.2% 76 -0.16 188 22 0.6× avg
MPC $240 call Aug 21, 2026 42d $42.75 41.3% 37 0.90 137 22 3.5× avg
MPC $280 call Sep 18, 2026 70d $20.90 36.7% 17 0.57 658 22 1.0× avg
MPC $290 call Dec 18, 2026 161d $23.91 38.2% 38 0.53 71 21 3.8× 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 $290 call expiring in 42 days, with 369 contracts traded. Calls dominate the most-active list (20 of the top 25), showing where trading interest concentrates.

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MPC Options FAQ

Which MPC option contract is most active today?

The most traded MPC contract is the $290 call expiring Aug 21, 2026, with 369 contracts traded as of Jul 10, 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.