22 calls and 13 puts traded on Nov 4, 2026, 35 contracts in total. Open interest was 1.05K contracts. Over the past 30 days, volume averaged 34 contracts per day. The MKL option volume chart shows volume by strike and expiration date.

Markel IV rank is 4, so its 30-day implied volatility of 17.3% is near the bottom of its one-year range. Over the past year it ranged from 14.0% on Dec 22, 2025 to 97.7% on Oct 16, 2026. See the MKL implied volatility history for a longer view.

The Markel put/call volume ratio was 0.59 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 0.32. The MKL open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Markel options about one week from expiration was $1,595.05, 18.4% below the $1,953.83 close. The MKL max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 17.5%, options price a move of about ±$47.39 (±2.4%) over the next week, a range of roughly $1,906.44 to $2,001.22 from the Nov 4, 2026 close. The MKL expected move chart shows it for every expiration date.