Murphy Oil (MUR) Options Chain

NYSE: MUREnergyOil & Gas ProductionUSD

38.68+0.08 (+0.21%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $38.68
Put/call ratio (OI): 1.11
Put/call ratio (volume): 2.42
ATM implied volatility: 55.4%
Expected move: ±$24.25
Open interest (C / P): 553 / 613

MUR options summary

The MUR options chain for the January 21, 2028 expiration lists 18 call and 17 put contracts, with 468 days until expiration. Open interest stands at 553 calls and 613 puts, a put/call ratio of 1.11, which is fairly balanced between calls and puts. At-the-money implied volatility near the $37.50 strike is 55.4%, which implies the market expects a move of about ±$24.25 (62.7%) in Murphy Oil stock by expiration.

The most open interest sits at the $45.00 call (110 contracts) and the $32.50 put (268 contracts).

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

MUR options chain · January 21, 2028

MUR 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
9	2	81.0%	23.60	21.50	25.30	15.00	0.10	3.00	1.82	79.8%	2	2
41	1	69.7%	20.65	19.80	22.80	17.50	0.00	2.85	1.21	66.7%	4	21
78	2	46.4%	19.64	15.30	19.40	20.00	0.05	3.10	1.05	59.5%	9	27
0	2	—	16.20	0.00	0.00	22.50	0.40	3.60	2.18	56.2%	6	9
34	2	67.7%	16.00	15.50	20.00	25.00	1.30	4.10	4.00	55.0%	1	21
14	1	52.3%	14.25	10.00	14.50	27.50	0.00	0.00	4.60	6.3%	2	0
25	5	49.0%	11.10	9.60	12.60	30.00	0.00	0.00	5.70	6.3%	2	0
0	5	—	8.55	0.00	0.00	32.50	3.30	6.40	4.80	58.1%	2	268
50	5	56.5%	8.15	8.10	11.20	35.00	4.50	7.50	6.70	56.4%	11	9
0	7	—	7.60	0.00	0.00	37.50	5.80	8.80	7.10	55.4%	2	39
MUR $38.68
33	1	56.3%	5.45	6.00	9.20	40.00	7.10	10.00	8.48	53.2%	2	64
60	1	55.4%	4.51	5.10	8.20	42.50	0.00	0.00	14.60	—	2	0
110	1	54.6%	6.30	4.20	7.30	45.00	0.00	0.00	14.00	—	86	0
6	5	53.4%	4.62	3.30	6.40	47.50	13.50	17.40	16.36	54.7%	2	28
81	9	52.3%	2.75	2.55	5.60	50.00	13.00	18.00	17.04	58.6%	2	116
10	5	50.9%	4.04	1.90	4.80	52.50	—	—	—	—	—	—
2	1	45.9%	4.37	0.50	3.50	55.00	0.00	0.00	18.80	—	—	0
0	2	6.3%	1.12	0.00	0.00	60.00	22.00	23.10	23.90	39.1%	3	9

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 MUR put/call ratio?

For the January 21, 2028 expiration, the MUR put/call ratio based on open interest is 1.11 (613 puts vs 553 calls), and 2.42 based on today's volume. A ratio above 1 means more puts than calls.

What is MUR's implied volatility?

At-the-money implied volatility for MUR options expiring January 21, 2028 is about 55.4%, an annualized estimate of how much the market expects Murphy Oil stock to move.

How many MUR option expiration dates are there?

MUR has 8 listed expiration dates, from Oct 16, 2026 to Jan 21, 2028.

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.