Murphy USA Inc. (MUSA) Options Statistics & Positioning

Murphy USA Inc. (MUSA) options trade at a 30-day at-the-money implied volatility of 27.5%, an IV rank of 17 out of 100 over the past year. The options market prices a ±$20.18 (±3.8%) move in MUSA for the front expiration. Max pain sits at $510 and the put/call open interest ratio is 0.90. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$530.63

52-week range

$356.48 – $624.10

ATM IV (30d)

27.5%

IV rank

17 / 100

Low

Expected move

±$20.18 (±3.8%)

Put/call OI

0.90

Max pain

$510

↓ 3.9% below close

Next earnings

Nov 1, 2026

What's MUSA's IV rank right now?Where's the max pain for MUSA?Explain what gamma exposure means for MUSA.

Most Active MUSA Contracts

Contract	Expiration	DTE	Last	IV	Volume
MUSA $480 put	Oct 16, 2026	7d	$0.35	53.4%	20
MUSA $300 call	Oct 16, 2026	7d	$235.00	51.9%	11
MUSA $460 put	Nov 20, 2026	42d	$4.90	45.5%	6
MUSA $470 put	Oct 16, 2026	7d	$0.23	50.5%	5
MUSA $520 put	Oct 16, 2026	7d	$3.70	35.3%	2

See all active MUSA contracts →

Explore MUSA Options Statistics

MUSA Implied Volatility

27.5% ATM IV (30d)

An IV rank of 17 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

MUSA Open Interest

0.90 put/call OI ratio

649 calls and 582 puts outstanding across all expirations.

Full open interest analysis →

MUSA Max Pain

$510 max pain

3.9% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

MUSA Gamma Exposure

$60.77M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

MUSA Options Volume

49 contracts traded

Put/call volume ratio 2.50 — plus contracts running far above their usual volume.

Full volume & flow analysis →

MUSA Most Active Options

$480 top volume strike

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

Full active contracts analysis →

Upcoming Earnings

MUSA's next expected earnings date is Nov 1, 2026. Options currently price a ±$20.18 (±3.8%) move for the front expiration.

Explore the payoff profile of option on MUSA for free

Build multi-leg MUSA strategies, visualize payoffs, and scan the full US options universe with OptiView.

Open MUSA in the platform Scan options

MUSA Options FAQ

When is MUSA's next earnings date?

MUSA's next expected earnings date is Nov 1, 2026. Options currently price a ±$20.18 (±3.8%) move for the front expiration.

How often is MUSA options data on this page updated?

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

OptiView publishes dedicated MUSA 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.