ApexVol
Energy Energy Live Data Updated 2026-03-01

MPC Options

Marathon Petroleum Options Chain, Implied Volatility & Greeks

Comprehensive options market data for Marathon Petroleum (MPC). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.

MPC Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 22% - 50%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Very Good
IV Range
22% - 50%
Weeklies
Yes

1 About Marathon Petroleum (MPC)

Marathon Petroleum (MPC) is a oil refining company listed on NYSE.

Company Profile

Sector Energy
Industry Oil Refining
Market Cap See live data
Exchange NYSE

Key Dates

Next Earnings See earnings calendar
Earnings Frequency Quarterly
Dividend Schedule See company page
Fiscal Year End December

Marathon Petroleum is a Oil Refining) company in the Energy sector.

2 MPC Options Market Overview

MPC options provide trading opportunities for options traders.

Average Daily Volume N/A
Total Open Interest N/A
Put/Call Ratio N/A
Typical ATM Spread N/A
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Very Good

MPC options provide trading opportunities across multiple expirations.

3 MPC Volatility Profile

MPC implied volatility patterns reflect the oil refining sector dynamics.

Low IV Environment
22% - 29%
Below average volatility
Typical IV Range
29% - 43%
Normal conditions
Elevated IV
43% - 50%
Above average volatility

Earnings Impact

IV typically expands before earnings and contracts after the announcement.

Historical Volatility vs IV

MPC IV generally trades near historical volatility, with premiums expanding around earnings.

Term Structure

Typically upward sloping under normal conditions.

View MPC Volatility Lab

MPC Gamma Exposure (GEX)

Gamma Exposure analysis for MPC reveals dealer hedging dynamics at key strike levels.

Typical GEX Profile: MPC tends to operate in a positive gamma environment during normal conditions.

Key Levels:

Dealer Hedging:

View Live MPC GEX

4 Common MPC Options Strategies

These are strategies commonly used by traders on MPC options, based on typical market characteristics. This is not investment advice.

Popular for MPC shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on MPC.

Range-bound strategy for MPC between events.

Key Considerations for MPC Options

  • Monitor MPC earnings dates for IV expansion/contraction patterns
  • Consider the stock's beta when sizing options positions
  • MPC options liquidity varies by expiration - prefer near-term and monthly expirations

Frequently Asked Questions: MPC Options

What is MPC's typical implied volatility?

MPC implied volatility typically ranges from 22% - 50%. IV patterns are influenced by earnings, sector events, and market conditions.

Does MPC have weekly options?

Yes, MPC offers weekly options expirations.

MPC Key Events

Earnings Months
January April July October

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Access real-time GEX levels, IV analytics, and options flow for MPC.

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