Magnolia Oil & Gas (MGY) Options Chain

NYSE: MGYEnergyOil & Gas ProductionUSD

24.10-0.38 (-1.55%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $24.10
Put/call ratio (OI): 0.61
Put/call ratio (volume): 0.57
ATM implied volatility: 43.4%
Expected move: ±$3.46
Open interest (C / P): 1.07K / 654

MGY options summary

The MGY options chain for the November 20, 2026 expiration lists 5 call and 4 put contracts, with 40 days until expiration. Open interest stands at 1,068 calls and 654 puts, a put/call ratio of 0.61, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $25.00 strike is 43.4%, which implies the market expects a move of about ±$3.46 (14.4%) in Magnolia Oil & Gas stock by expiration.

The most open interest sits at the $25.00 call (416 contracts) and the $22.50 put (329 contracts).

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

MGY options chain · November 20, 2026

MGY 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
290	2	64.8%	4.90	4.20	5.00	20.00	0.00	0.75	0.23	58.3%	1	11
26	2	68.6%	2.25	1.90	3.00	22.50	0.35	0.70	0.60	44.0%	65	329
MGY $24.10
416	108	41.8%	0.86	0.70	0.95	25.00	1.65	1.95	1.57	45.0%	5	314
316	14	42.8%	0.07	0.05	0.10	30.00	5.10	6.30	6.05	61.9%	1	0
20	—	51.6%	0.05	0.00	0.05	35.00	—	—	—	—	—	—

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 MGY put/call ratio?

For the November 20, 2026 expiration, the MGY put/call ratio based on open interest is 0.61 (654 puts vs 1,068 calls), and 0.57 based on today's volume. A ratio above 1 means more puts than calls.

What is MGY's implied volatility?

At-the-money implied volatility for MGY options expiring November 20, 2026 is about 43.4%, an annualized estimate of how much the market expects Magnolia Oil & Gas stock to move.

How many MGY option expiration dates are there?

MGY has 5 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.