Madrigal Pharmaceuticals (MDGL) Options Chain

NASDAQ: MDGLHealth CareBiotechnology: Pharmaceutical PreparationsUSD

471.75-5.16 (-1.08%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $471.75
Put/call ratio (OI): 0.16
Put/call ratio (volume): 0.54
ATM implied volatility: 75.6%
Expected move: ±$235.48
Open interest (C / P): 1.23K / 202

MDGL options summary

The MDGL options chain for the March 19, 2027 expiration lists 28 call and 16 put contracts, with 159 days until expiration. Open interest stands at 1,226 calls and 202 puts, a put/call ratio of 0.16, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $470.00 strike is 75.6%, which implies the market expects a move of about ±$235.48 (49.9%) in Madrigal Pharmaceuticals stock by expiration.

The most open interest sits at the $500.00 call (950 contracts) and the $560.00 put (100 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

MDGL options chain · March 19, 2027

MDGL calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
3	2	81.3%	310.30	237.00	244.20	240.00	0.05	8.70	7.20	68.1%	—	1
2	—	79.4%	301.20	228.00	235.00	250.00	—	—	—	—	—	—
0	1	—	257.00	0.00	0.00	270.00	4.20	11.90	12.52	67.7%	2	0
—	—	—	—	—	—	280.00	0.00	0.00	9.00	12.5%	1	0
—	—	—	—	—	—	300.00	5.00	12.00	8.40	58.3%	1	1
—	—	—	—	—	—	350.00	0.00	0.00	20.00	6.3%	5	0
—	—	—	—	—	—	390.00	0.00	0.00	26.62	6.3%	—	0
31	—	124.9%	140.15	174.00	182.50	400.00	27.20	35.40	26.22	53.0%	37	39
1	—	114.4%	96.30	146.90	155.00	440.00	43.00	51.30	39.70	51.5%	1	2
—	—	—	—	—	—	450.00	38.60	46.00	71.00	46.4%	50	50
2	2	109.6%	99.20	133.90	142.00	460.00	—	—	—	—	—	—
4	3	107.8%	85.00	128.30	136.00	470.00	46.10	53.00	76.20	43.5%	—	1
MDGL $471.75
4	—	105.6%	81.80	121.90	130.00	480.00	62.80	70.90	57.20	50.1%	1	3
4	—	103.7%	77.00	116.50	124.00	490.00	68.30	76.50	59.40	53.0%	—	1
950	50	57.6%	59.80	56.40	64.00	500.00	58.80	66.00	81.30	39.6%	—	2
4	4	100.3%	69.00	105.90	113.00	510.00	—	—	—	—	—	—
3	1	56.7%	80.00	48.40	56.00	520.00	—	—	—	—	—	—
14	—	56.2%	79.50	44.80	52.00	530.00	—	—	—	—	—	—
2	1	96.1%	88.00	90.70	99.00	540.00	—	—	—	—	—	—
21	1	55.9%	67.84	38.30	46.00	550.00	105.90	113.00	94.40	49.8%	—	1
101	100	55.6%	56.00	35.20	43.00	560.00	113.10	120.00	94.00	49.4%	—	100
11	1	55.2%	56.20	32.40	40.00	570.00	—	—	—	—	—	—
2	1	54.8%	78.40	29.70	37.00	580.00	—	—	—	—	—	—
3	1	54.8%	72.20	27.20	35.00	590.00	105.30	112.00	118.20	—	—	1
9	2	54.6%	28.00	24.80	33.00	600.00	—	—	—	—	—	—
3	1	54.4%	52.00	22.70	30.70	610.00	—	—	—	—	—	—
9	1	54.1%	43.74	20.50	28.80	620.00	—	—	—	—	—	—
2	1	53.9%	54.00	18.60	26.90	630.00	—	—	—	—	—	—
0	3	12.5%	45.00	0.00	0.00	650.00	—	—	—	—	—	—
0	2	12.5%	44.00	0.00	0.00	660.00	—	—	—	—	—	—
32	1	52.6%	35.51	8.50	17.00	700.00	—	—	—	—	—	—
1	—	51.9%	39.50	6.50	14.40	720.00	—	—	—	—	—	—
8	1	51.8%	15.50	4.80	13.00	740.00	—	—	—	—	—	—

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 MDGL put/call ratio?

For the March 19, 2027 expiration, the MDGL put/call ratio based on open interest is 0.16 (202 puts vs 1,226 calls), and 0.54 based on today's volume. A ratio above 1 means more puts than calls.

What is MDGL's implied volatility?

At-the-money implied volatility for MDGL options expiring March 19, 2027 is about 75.6%, an annualized estimate of how much the market expects Madrigal Pharmaceuticals stock to move.

How many MDGL option expiration dates are there?

MDGL has 7 listed expiration dates, from Oct 16, 2026 to Dec 17, 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.