MP Materials (MP) Options Chain

NYSE: MPBasic MaterialsMetal MiningUSD

46.140.00 (0.00%)

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

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 5
Share price: $46.14
Put/call ratio (OI): 0.86
Put/call ratio (volume): 1.31
ATM implied volatility: 54.9%
Expected move: ±$2.97
Open interest (C / P): 20.93K / 18.09K

MP options summary

The MP options chain for the October 16, 2026 expiration lists 35 call and 39 put contracts, with 5 days until expiration. Open interest stands at 20,926 calls and 18,086 puts, a put/call ratio of 0.86, which is fairly balanced between calls and puts. At-the-money implied volatility near the $46.00 strike is 54.9%, which implies the market expects a move of about ±$2.97 (6.4%) in MP Materials stock by expiration.

The most open interest sits at the $50.00 call (4.47K contracts) and the $45.00 put (4.45K contracts).

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

MP options chain · October 16, 2026

MP 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
—	—	—	—	—	—	30.00	0.00	0.01	0.01	121.9%	1	12
32	1	119.1%	10.88	10.15	12.30	35.00	0.00	0.05	0.03	98.4%	1	531
—	—	—	—	—	—	38.00	0.01	0.03	0.02	69.5%	10	121
—	—	—	—	—	—	39.00	0.00	0.11	0.04	72.7%	6	15
84	1	138.7%	7.12	5.25	7.05	40.00	0.02	0.05	0.04	58.6%	709	979
3	1	62.7%	5.26	4.35	6.15	41.00	0.00	0.10	0.07	53.1%	27	252
—	—	—	—	—	—	41.50	—	—	0.14	—	—	—
2	3	66.8%	4.43	4.00	4.80	42.00	0.10	0.13	0.09	53.1%	66	275
1	26	64.7%	3.94	3.60	4.30	42.50	0.14	0.19	0.14	52.9%	27	136
30	1	60.1%	3.34	3.05	3.90	43.00	0.22	0.28	0.22	54.1%	41	238
12	1	66.8%	3.14	2.80	3.60	43.50	0.21	0.41	0.33	52.0%	22	472
41	4	63.5%	2.80	2.45	3.10	44.00	0.38	0.50	0.44	53.1%	99	766
82	1	55.8%	2.36	1.97	2.58	44.50	0.50	0.80	0.63	56.5%	74	90
700	46	51.5%	2.03	1.61	2.10	45.00	0.65	0.85	0.72	53.1%	716	4,447
45	7	56.5%	1.49	1.56	1.78	45.50	0.87	1.02	0.96	52.8%	297	763
123	279	56.4%	1.41	1.30	1.50	46.00	1.12	1.26	1.19	53.4%	315	265
MP $46.14
62	86	56.3%	1.15	1.07	1.25	46.50	1.32	1.53	1.45	52.3%	43	112
605	133	60.0%	0.95	0.88	1.20	47.00	1.66	1.85	1.70	53.7%	49	114
407	133	56.5%	0.75	0.71	0.85	47.50	1.93	2.23	2.08	53.8%	13	54
216	213	57.3%	0.63	0.58	0.71	48.00	2.34	2.56	2.38	54.7%	60	197
158	114	57.6%	0.50	0.48	0.56	48.50	2.47	3.20	2.81	55.3%	7	668
1,048	153	57.8%	0.44	0.36	0.47	49.00	3.15	3.40	3.23	57.8%	7	93
213	108	54.5%	0.35	0.14	0.41	49.50	3.40	4.00	3.67	58.8%	2	351
4,474	343	58.8%	0.25	0.23	0.30	50.00	3.85	4.25	4.03	53.0%	19	3,250
516	96	59.2%	0.17	0.12	0.20	51.00	4.65	5.20	4.85	73.6%	10	139
567	99	63.5%	0.10	0.10	0.15	52.00	5.55	6.95	5.77	86.5%	20	60
187	6	66.8%	0.16	0.02	0.17	53.00	6.60	7.10	6.90	83.2%	17	112
282	9	71.5%	0.11	0.00	0.16	54.00	7.60	8.10	7.90	91.2%	29	135
2,411	73	71.9%	0.08	0.03	0.07	55.00	8.35	9.50	8.93	75.0%	3	3,006
464	44	82.4%	0.11	0.00	0.14	56.00	8.90	10.85	9.05	65.6%	1	6
233	11	78.9%	0.04	0.00	0.07	57.00	9.90	12.00	11.22	92.6%	2	6
171	1	103.1%	0.08	0.00	0.23	58.00	10.95	12.80	8.44	75.0%	—	1
201	55	89.8%	0.05	0.00	0.07	59.00	11.90	13.85	12.85	79.7%	2	0
2,821	10	93.0%	0.03	0.01	0.05	60.00	13.55	14.45	14.14	119.1%	4	329
1,467	3	110.9%	0.02	0.01	0.03	65.00	18.30	19.55	18.84	129.7%	5	91
1,466	6	112.5%	0.01	0.00	0.01	70.00	22.90	25.05	20.51	166.4%	1	0
442	1	185.2%	0.22	0.00	0.21	75.00	27.95	30.05	17.15	194.1%	—	0
442	2	222.3%	0.08	0.00	0.35	80.00	32.90	35.05	28.65	207.8%	5	0
918	5	202.3%	0.03	0.00	0.10	85.00	37.90	40.05	34.70	226.6%	—	0

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 MP put/call ratio?

For the October 16, 2026 expiration, the MP put/call ratio based on open interest is 0.86 (18,086 puts vs 20,926 calls), and 1.31 based on today's volume. A ratio above 1 means more puts than calls.

What is MP's implied volatility?

At-the-money implied volatility for MP options expiring October 16, 2026 is about 54.9%, an annualized estimate of how much the market expects MP Materials stock to move.

How many MP option expiration dates are there?

MP has 15 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

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.