Marathon Petroleum Corp
Marathon Petroleum Corp (MPC) Option Chain
As of September 22, 2026, Marathon Petroleum Corp is trading at $393.34, a +0.94% change from the previous close. The nearest expiration is Oct 16, 2026. Implied volatility is 50.1%. IV Rank is 97%.
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Tracking the MPC option chain helps you see every strike and expiry on Marathon Petroleum Corp in one view, so you can quickly identify the contracts that fit your thesis and your risk. Marathon Petroleum Corp's option chain lays out bids, asks, volume, open interest, and Greeks across calls and puts, giving you the full map of MPC options activity at a glance. Use our scanner to monitor the MPC option chain in real time and filter for the MPC options trades that actually meet your criteria.
An option chain is the complete listing of all available option contracts on an underlying, organized by expiration date and strike price. For MPC stock options, the chain shows side-by-side call and put data, making it easy to compare premiums, assess liquidity, and spot pricing dislocations. Reading the MPC option chain effectively means looking beyond the last price — implied volatility by strike, volume-to-open-interest ratios, and bid-ask spreads all tell you where MPC stock options are being actively traded and where they are not.
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures aromatics, propane, propylene, and sulfur.
It sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. As of December 31, 2021, the company operated 7,159 brand jobber outlets in 37 states, the District of Columbia, and Mexico through independent entrepreneurs. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.
Credit spreads, long calls, iron condors, calendar trades — every strategy starts with the same raw material: a clean, complete option chain. Our scanner pulls Marathon Petroleum Corp's full chain across every expiry, highlights the most liquid strikes, and lets you screen MPC options by the metrics that matter, from IV skew to volume surges. Stop scrolling through endless rows of MPC stock options — let the full option chain come to you, pre-filtered and ready to trade.
Stock Statistics
- IndustryOil & Gas Refining & Marketing
- SectorEnergy
- IV percentile96.43% Elevated
- Market cap (M$)109,432
- 52 weeks high-9.60%
- 52 weeks low140.65%
- Analyst recommendationBuy
2.27 - Target price$383.71
-8.12% below the current stock price - Dividend—
- Payout ratio28.23%
- Earnings date2026-11-03
- P/E13.42
- Future P/E8.51
- EPS (ttm)29.05
- EPS growth next 5 years34.21%
As of September 22, 2026
| CALLs | PUTs | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Prob. OTM % | Open Interest | Volume | Extrinsic Value | Intrinsic Value | Bid | Ask | Strike | Moneyness % | Bid | Ask | Intrinsic Value | Extrinsic Value | Volume | Open Interest | Prob. OTM % |
| 35.87 | 446 | 20 | 8.66 | 23.34 | 30.80 | 33.20 | 370.00 | -5.05 | 10.70 | 11.30 | 0.00 | 11.00 | 138 | 1,528 | 64.13 |
| 43.91 | 398 | 38 | 12.46 | 13.34 | 24.70 | 26.90 | 380.00 | -2.48 | 14.50 | 15.20 | 0.00 | 14.85 | 1,344 | 1,825 | 56.09 |
| 52.00 | 359 | 96 | 16.96 | 3.34 | 19.10 | 21.50 | 390.00 | +0.08 | 17.60 | 20.00 | 0.00 | 18.80 | 151 | 1,001 | 48.00 |
| 59.80 | 427 | 144 | 15.45 | 0.00 | 14.90 | 16.00 | 400.00 | +2.65 | 23.20 | 25.90 | 6.66 | 17.89 | 69 | 514 | 40.20 |
| 67.06 | 833 | 150 | 12.30 | 0.00 | 11.50 | 13.10 | 410.00 | +5.21 | 29.40 | 32.70 | 16.66 | 14.39 | 59 | 668 | 32.94 |
As of September 22, 2026
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