Monitoring MAGS open interest helps you see where real money is positioned on Roundhill Magnificent Seven ETF's options and which strikes are attracting the most commitment from traders. Roundhill Magnificent Seven ETF's open interest reflects the total number of outstanding contracts that have not been closed or exercised, making it a powerful gauge of liquidity, conviction, and potential support and resistance zones. Use our scanner to monitor MAGS options open interest in real time and find the strikes that matter.
Open interest is distinct from volume: volume counts how many contracts are traded in a session, while open interest counts how many remain open at the end of the day. Rising MAGS options open interest alongside rising volume suggests new positions are being built, while falling open interest signals positions are being closed. Heavy open interest at specific strikes often acts as a magnet near expiration and can hint at where dealers and large traders expect Roundhill Magnificent Seven ETF to settle.
The Roundhill Magnificent Seven ETF offers equal weight exposure to the “Magnificent Seven” stocks – Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla. MAGS is the first-ever ETF to track the Magnificent Seven.
Pin risk into expiration, dealer positioning, liquidity checks for large orders — all of it starts with knowing where MAGS open interest is concentrated. Our scanner maps Roundhill Magnificent Seven ETF's open interest across every strike and expiry, flags unusual buildups, and lets you drill into the contracts that institutional money is actually holding. Trade Roundhill Magnificent Seven ETF's options open interest as the signal it is, not as an afterthought.
