MediaAlpha (MAX) Options Chain
NYSE: MAXConsumer DiscretionaryBusiness ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- May 21, 2027
- Days to expiration
- 223
- Share price
- $10.09
- Put/call ratio (OI)
- 11.56
- Put/call ratio (volume)
- 0.00
- Expected move
- ±$4.36
- Open interest (C / P)
- 9 / 104
MAX options summary
The MAX options chain for the May 21, 2027 expiration lists 1 call and 3 put contracts, with 223 days until expiration. Open interest stands at 9 calls and 104 puts, a put/call ratio of 11.56, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $10.00 strike is 55.2%, which implies the market expects a move of about ±$4.36 (43.2%) in MediaAlpha stock by expiration.
The most open interest sits at the $2.50 call (9 contracts) and the $7.50 put (103 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
MAX options chain · May 21, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 7.05 | 6.10 | 8.80 | 2.50 | — | — | — | |||||
| — | — | — | 7.50 | 0.50 | 1.10 | 0.78 | |||||
| — | — | — | 10.00 | 1.20 | 2.15 | 1.40 | |||||
| — | — | — | 12.50 | — | — | 3.55 | |||||
In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.
Frequently asked questions
What is the MAX put/call ratio?
For the May 21, 2027 expiration, the MAX put/call ratio based on open interest is 11.56 (104 puts vs 9 calls), and 0.00 based on today's volume. A ratio above 1 means more puts than calls.
What is MAX's implied volatility?
At-the-money implied volatility for MAX options expiring May 21, 2027 is about 55.2%, an annualized estimate of how much the market expects MediaAlpha stock to move.
How many MAX option expiration dates are there?
MAX has 4 listed expiration dates, from Oct 16, 2026 to May 21, 2027.
What does "in the money" mean?
A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.