Marathon Petroleum Corp (MPC) Options Volume

4,867 Marathon Petroleum Corp (MPC) option contracts changed hands in the latest session, at a put/call volume ratio of 0.81. This page tracks how actively MPC options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

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

Options Volume & Premium Flow

Total options volume4,867
Call volume2,683
Put volume2,184
Put/call volume ratio0.81
Listed contracts1,042
Call premium traded$3.4M
Put premium traded$1.94M
Premium put/call ratio0.57
Open interest rank (31 day)30 / 100
Skew rank (31 day)100 / 100

MPC Options Volume Trend

010.7K21.5K32.2K42.9KFeb '26May '26Aug '26

MPC total options volume per session, past year.

0.000.440.871.311.74Feb '26May '26Aug '26

MPC put/call volume ratio, past year.

MPC Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
MPC $370 call Sep 18, 2026 $11.62 35.2% 353 1,638 10.7× avg
MPC $320 put Sep 18, 2026 $2.83 46.5% 439 553 9.2× avg

With a put/call volume ratio of 0.81, today's trading is roughly balanced between calls and puts. Measured in dollars rather than contracts, $3.4M of call premium and $1.94M of put premium changed hands — the larger premium flow is on the call side. 2 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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MPC Options FAQ

How many MPC options traded today?

4,867 MPC option contracts traded as of Aug 24, 2026 — 2,683 calls and 2,184 puts.

Is there unusual options activity in MPC today?

Yes — 2 contracts are trading at least three times their 30-day average volume as of Aug 24, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

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.