11 calls and 5 puts traded on Nov 4, 2026, 16 contracts in total. Open interest was 2.02K contracts. Over the past 30 days, volume averaged 46 contracts per day. The MUSA option volume chart shows volume by strike and expiration date.

Murphy USA IV rank is 7, so its 30-day implied volatility of 35.5% is near the bottom of its one-year range. Over the past year it ranged from 26.8% on Dec 23, 2025 to 150.0% on May 15, 2026. See the MUSA implied volatility history for a longer view.

The Murphy USA put/call volume ratio was 0.45 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 1.38. The MUSA open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Murphy USA options about one week from expiration was $520.00, 3.4% above the $502.73 close. The MUSA max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 37.3%, options price a move of about ±$25.93 (±5.2%) over the next week, a range of roughly $476.80 to $528.66 from the Nov 4, 2026 close. The MUSA expected move chart shows it for every expiration date.