Magnolia Oil & Gas Corporation (MGY) IV/HV History
Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.
Magnolia Oil & Gas Corporation (MGY) operates in the Energy sector, specifically the Oil & Gas Exploration & Production industry, with a market capitalization near $5.29B, listed on NYSE, employing roughly 252 people, carrying a beta of 0.75 to the broader market. Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. Led by Christopher G. Stavros, public since 2017-06-29.
Snapshot as of May 15, 2026.
- Spot Price
- $29.42
- ATM IV
- 33.8%
- HV 20-Day
- 36.6%
- HV 60-Day
- 32.7%
- IV Rank
- 29.8%
- IV Percentile
- 28.2%
As of May 15, 2026, Magnolia Oil & Gas Corporation (MGY) ATM implied volatility is 33.8%. 20-day realized volatility is 36.6%, producing an IV-HV spread of -2.8 vol points. Realized volatility currently exceeds implied, an inversion that can signal a pending IV expansion. IV rank is 29.8%.
How MGY iv/hv history Data Feeds Strategy Selection
Strategy selection on Magnolia Oil & Gas Corporation options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 33.8% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the iv/hv history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how implied vs realized volatility is reported and how to read the data →
Frequently asked MGY iv/hv history questions
- Is MGY options pricing rich or cheap right now?
- As of May 15, 2026, Magnolia Oil & Gas Corporation (MGY) ATM IV is 33.8% against 20-day realized volatility of 36.6%. IV rank is 29.8%. Realized volatility currently exceeds implied: an inversion of the typical equity volatility risk premium that often precedes IV expansion.
- What is the MGY variance risk premium?
- The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. MGY is currently pricing inverted to the historical pattern, which is one input to whether short-vol or long-vol structures carry their typical edge.
- What does MGY IV rank mean for strategy selection?
- IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. MGY's current rank of 29.8% signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.