MGIC INVESTMENT CORP (MTG) Open Interest

MGIC INVESTMENT CORP (MTG) has 320 call contracts and 12,076 put contracts open across all listed expirations — a put/call open interest ratio of 37.74. Open interest counts the contracts currently outstanding at each strike. This page shows where MTG positioning concentrates, which strikes act as walls, and how the totals have trended over the past year.

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

Last close
$27.63
52-week range
$24.87 – $29.81
ATM IV (30d)
50.5%
IV rank
25 / 100
Low
Expected move
±$1.93 (±7.0%)
Put/call OI
37.74
Put-heavy
Max pain
$25
↓ 9.5% below close
Next earnings
Aug 2, 2026

MTG Open Interest by Strike

04K8K12KSpotMax painCall wallPut wall22.502530

MTG open interest by strike, all expirations combined — calls in green, puts in red.

Total call open interest320
Total put open interest12,076
Put/call OI ratio37.74
Open interest rank (31 day)59 / 100
Call wall (largest call OI)$30
Put wall (largest put OI)$25
Top volume strike$30
Volume / OI ratio0.07

MTG Open Interest Trend

03.4K6.8K10.2K13.6KCall OIPut OIFeb '26May '26Jul '26

MTG total call vs. put open interest, past year.

0.0022.9645.9168.8791.82Feb '26May '26Jul '26

MTG put/call open interest ratio, past year.

A put/call open interest ratio of 37.74 means meaningfully more puts than calls are outstanding — elevated hedging or bearish positioning. In total, 320 call contracts and 12,076 put contracts are open across all listed expirations. The put/call OI ratio has risen from 36.54 in Feb '26 to 37.74 today.

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MTG Options FAQ

What is MTG's put/call ratio?

MTG's put/call open interest ratio is 37.74 as of Jul 10, 2026, with 12,076 put contracts and 320 call contracts outstanding.

Which MTG strikes have the highest open interest?

As of Jul 10, 2026, the largest call open interest sits at $30 (the call wall) and the largest put open interest sits at $25 (the put wall). Strikes with heavy open interest often act as reference levels because a lot of hedging activity is anchored to them.

Is MTG open interest unusually high right now?

MTG's total open interest ranks 59 out of 100 versus the past 31 trading days as of Jul 10, 2026 — in the middle of its recent range.

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.