MGIC Investment (MTG) Options Chain

NYSE: MTGFinanceProperty-Casualty InsurersUSD

27.43-0.44 (-1.58%)

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

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $27.43
Put/call ratio (OI): 1.85
Put/call ratio (volume): 0.31
ATM implied volatility: 38.1%
Expected move: ±$6.89
Open interest (C / P): 176 / 326

MTG options summary

The MTG options chain for the March 19, 2027 expiration lists 3 call and 4 put contracts, with 159 days until expiration. Open interest stands at 176 calls and 326 puts, a put/call ratio of 1.85, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $25.00 strike is 38.1%, which implies the market expects a move of about ±$6.89 (25.1%) in MGIC Investment stock by expiration.

The most open interest sits at the $25.00 call (111 contracts) and the $25.00 put (321 contracts).

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

MTG options chain · March 19, 2027

MTG 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
—	—	—	—	—	—	20.00	0.00	1.35	0.75	65.4%	2	3
—	—	—	—	—	—	22.50	—	—	0.55	—	—	—
111	2	44.1%	3.90	3.30	4.40	25.00	0.90	1.20	1.00	32.0%	1	321
MTG $27.43
63	11	40.0%	0.60	0.40	1.90	30.00	2.60	3.80	2.57	30.4%	1	2
2	—	42.2%	0.55	0.00	0.90	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 MTG put/call ratio?

For the March 19, 2027 expiration, the MTG put/call ratio based on open interest is 1.85 (326 puts vs 176 calls), and 0.31 based on today's volume. A ratio above 1 means more puts than calls.

What is MTG's implied volatility?

At-the-money implied volatility for MTG options expiring March 19, 2027 is about 38.1%, an annualized estimate of how much the market expects MGIC Investment stock to move.

How many MTG option expiration dates are there?

MTG has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 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.