MGE Energy (MGEE) Options Chain
NASDAQ: MGEEEnergyElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 41
- Share price
- $70.22
- Put/call ratio (OI)
- 1.80
- Put/call ratio (volume)
- 6.25
- Expected move
- ±$13.35
- Open interest (C / P)
- 15 / 27
MGEE options summary
The MGEE options chain for the November 20, 2026 expiration lists 3 call and 2 put contracts, with 41 days until expiration. Open interest stands at 15 calls and 27 puts, a put/call ratio of 1.80, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $70.00 strike is 56.7%, which implies the market expects a move of about ±$13.35 (19.0%) in MGE Energy stock by expiration.
The most open interest sits at the $85.00 call (14 contracts) and the $50.00 put (26 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
MGEE options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 50.00 | 0.00 | 4.90 | 0.10 | |||||
| 14.50 | 6.80 | 14.20 | 60.00 | — | — | — | |||||
| 5.80 | 3.10 | 9.70 | 65.00 | — | — | — | |||||
| — | — | — | 70.00 | 0.05 | 5.20 | 3.30 | |||||
| 0.45 | 0.00 | 2.10 | 85.00 | — | — | — | |||||
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 MGEE put/call ratio?
For the November 20, 2026 expiration, the MGEE put/call ratio based on open interest is 1.80 (27 puts vs 15 calls), and 6.25 based on today's volume. A ratio above 1 means more puts than calls.
What is MGEE's implied volatility?
At-the-money implied volatility for MGEE options expiring November 20, 2026 is about 56.7%, an annualized estimate of how much the market expects MGE Energy stock to move.
How many MGEE option expiration dates are there?
MGEE 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.