Murphy USA (MUSA) Options Chain

NYSE: MUSAConsumer DiscretionaryRetail-Auto Dealers and Gas StationsUSD

529.14+10.92 (+2.11%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $529.14
Put/call ratio (OI): 1.03
Put/call ratio (volume): 0.79
ATM implied volatility: 0.1%
Expected move: ±$0.2284
Open interest (C / P): 405 / 419

MUSA options summary

The MUSA options chain for the December 18, 2026 expiration lists 34 call and 41 put contracts, with 68 days until expiration. Open interest stands at 405 calls and 419 puts, a put/call ratio of 1.03, which is fairly balanced between calls and puts. At-the-money implied volatility near the $530.00 strike is 0.1%, which implies the market expects a move of about ±$0.2284 (0.0%) in Murphy USA stock by expiration.

The most open interest sits at the $540.00 call (185 contracts) and the $400.00 put (302 contracts).

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

MUSA options chain · December 18, 2026

MUSA 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
1	—	226.7%	384.80	361.00	369.10	185.00	—	—	—	—	—	—
—	—	—	—	—	—	190.00	0.00	4.80	0.35	129.9%	1	1
1	—	212.3%	370.30	346.00	354.40	200.00	0.00	0.00	4.28	50.0%	10	0
—	—	—	—	—	—	210.00	0.00	0.05	0.05	68.4%	3	16
—	—	—	—	—	—	250.00	0.00	4.80	1.20	98.0%	—	1
—	—	—	—	—	—	270.00	0.00	0.00	2.17	25.0%	78	0
1	—	—	176.00	134.50	138.40	280.00	0.00	6.90	1.36	91.2%	2	1
—	—	—	—	—	—	290.00	0.00	0.00	0.60	25.0%	1	0
0	—	—	220.10	0.00	0.00	310.00	0.00	4.90	1.80	73.2%	1	0
0	—	—	210.40	0.00	0.00	320.00	—	—	—	—	—	—
0	—	—	200.90	0.00	0.00	330.00	19.00	22.70	17.83	119.1%	—	1
—	—	—	—	—	—	340.00	0.05	5.30	3.25	63.4%	1	1
—	—	—	—	—	—	350.00	0.00	4.90	2.05	58.8%	1	39
—	—	—	—	—	—	360.00	0.00	0.00	3.18	12.5%	20	0
0	1	—	115.36	141.00	145.20	370.00	0.90	1.75	0.90	48.7%	1	0
0	1	—	108.41	133.50	137.30	380.00	0.05	7.20	2.21	53.5%	14	10
1	1	114.8%	193.60	172.20	180.00	390.00	0.00	0.00	29.00	12.5%	1	0
1	—	122.5%	152.40	171.00	178.80	400.00	0.05	8.10	5.25	58.8%	2	302
0	1	—	62.65	0.00	0.00	410.00	—	—	—	—	—	—
3	3	106.8%	127.10	148.10	156.00	420.00	—	—	—	—	—	—
—	—	—	—	—	—	430.00	0.95	9.50	8.44	50.2%	1	1
5	2	53.9%	120.00	94.40	103.00	440.00	1.60	10.00	9.90	47.3%	1	3
—	—	—	—	—	—	450.00	3.60	12.00	9.70	46.8%	—	1
0	22	—	23.20	0.00	0.00	460.00	5.30	13.90	16.50	45.8%	1	1
6	1	48.0%	73.16	62.70	71.00	480.00	9.50	18.00	20.45	43.0%	1	1
0	2	—	16.46	0.00	0.00	490.00	12.20	20.90	27.73	42.2%	—	1
31	30	104.6%	88.50	103.70	112.00	500.00	15.30	24.00	27.35	41.2%	1	1
1	1	44.8%	44.05	42.40	50.60	510.00	0.00	0.00	50.98	1.6%	1	0
36	6	42.2%	34.45	37.20	43.10	520.00	22.90	31.70	43.95	39.7%	—	1
MUSA $529.14
0	1	0.1%	66.70	0.00	0.00	530.00	—	—	—	—	—	—
185	100	42.4%	28.22	25.40	34.10	540.00	0.00	0.00	28.40	—	2	0
7	1	128.0%	64.85	105.00	111.20	550.00	38.00	46.70	53.60	37.8%	2	14
—	—	—	—	—	—	560.00	0.00	0.00	33.80	—	—	0
0	1	3.1%	37.43	0.00	0.00	570.00	51.00	59.20	61.95	36.8%	—	2
38	2	67.1%	80.50	38.10	46.00	580.00	72.30	81.00	59.70	53.9%	—	4
—	—	—	9.70	—	—	590.00	48.90	57.00	47.70	—	—	1
41	1	42.0%	14.27	6.10	15.00	600.00	54.90	62.90	52.30	—	—	3
5	1	43.3%	10.68	2.90	12.00	620.00	108.60	117.00	71.60	56.5%	3	5
0	1	6.3%	18.00	0.00	0.00	640.00	127.20	135.00	84.20	59.6%	3	4
15	1	47.4%	5.00	0.05	8.80	660.00	—	—	—	—	—	—
5	—	56.7%	39.10	7.70	16.00	680.00	—	—	—	—	—	—
16	10	55.5%	33.00	4.80	13.00	700.00	—	—	—	—	—	—
6	1	56.4%	2.00	0.05	7.50	720.00	176.00	184.00	242.50	—	1	1
0	1	12.5%	4.90	0.00	0.00	740.00	—	—	—	—	—	—
—	—	—	—	—	—	760.00	211.70	220.00	253.00	—	—	2
—	—	—	—	—	—	780.00	230.90	238.80	218.40	—	—	1
—	—	—	—	—	—	800.00	0.00	0.00	272.00	—	—	0
—	—	—	—	—	—	820.00	0.00	0.00	292.00	—	—	0
0	2	25.0%	2.90	0.00	0.00	860.00	0.00	0.00	327.10	—	—	0
—	—	—	—	—	—	880.00	0.00	0.00	347.50	—	1	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 MUSA put/call ratio?

For the December 18, 2026 expiration, the MUSA put/call ratio based on open interest is 1.03 (419 puts vs 405 calls), and 0.79 based on today's volume. A ratio above 1 means more puts than calls.

What is MUSA's implied volatility?

At-the-money implied volatility for MUSA options expiring December 18, 2026 is about 0.1%, an annualized estimate of how much the market expects Murphy USA stock to move.

How many MUSA option expiration dates are there?

MUSA has 5 listed expiration dates, from Oct 16, 2026 to Apr 16, 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.