MAX · MediaAlpha, Inc.

Track MAX — free Ask ALVIS about MAX

$13.13 +0.03 (+0.23%) At close · Jul 24

Market Cap

$818.66M

62.35M

Options Chain

15-min delayed Underlying $13.13 · today Options Calculator

Positioning

Aug 21, 2026 · 26 days to expiry · 20 contracts

Put / call OI

0.02

Call-heavy positioning

Open interest

2,423

contracts outstanding

Volume

287

traded today

Max pain

$7.50

$5.63 below spot

ATM implied vol

88%

market's expected move

Open interest by strike

Calls Puts

2.5

7.5

12.5

17.5

22.5

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 26d Sep 18 54d Nov 20 117d Feb 19 208d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
0	2	376.5%	0.984	$6.97		—	—	—	—	0
Call · $2.5 In the money Last $6.97 Breakeven $9.47 Implied vol 376.5% Delta 0.984 ≈98% ITM Gamma 0.003 Theta -0.01 Vega 0.001 Open interest 0 Model this call Put · $2.5 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		—	—	—	—	0
Call · $5 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $5 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
107	1	161.4%	0.935	$4.80		$0.10	-0.096	203.6%	2	23
Call · $7.5 In the money Last $4.80 Breakeven $12.30 Implied vol 161.4% Delta 0.935 ≈93% ITM Gamma 0.022 Theta -0.014 Vega 0.005 Open interest 107 Model this call Put · $7.5 Last $0.10 Breakeven $7.40 Implied vol 203.6% Delta -0.096 ≈10% ITM Gamma 0.024 Theta -0.023 Vega 0.007 Open interest 23 Model this put
682	250	146.7%	0.815	$3.45		$0.35	-0.158	121.9%	2	13
Call · $10 In the money Last $3.45 Breakeven $13.45 Implied vol 146.7% Delta 0.815 ≈82% ITM Gamma 0.052 Theta -0.027 Vega 0.01 Open interest 682 Model this call Put · $10 Last $0.35 Breakeven $9.65 Implied vol 121.9% Delta -0.158 ≈16% ITM Gamma 0.057 Theta -0.02 Vega 0.008 Open interest 13 Model this put
1.5k	1	80.2%	0.636	$2.00		$0.70	-0.371	95.8%	8	9
Call · $12.5 In the money Last $2.00 Breakeven $14.50 Implied vol 80.2% Delta 0.636 ≈64% ITM Gamma 0.133 Theta -0.021 Vega 0.014 Open interest 1.5k Model this call Put · $12.5 Last $0.70 Breakeven $11.80 Implied vol 95.8% Delta -0.371 ≈37% ITM Gamma 0.112 Theta -0.024 Vega 0.014 Open interest 9 Model this put
Underlying $13.13
46	2	96.3%	0.356	$0.80		—	-0.745	66.5%	—	0
Call · $15 Last $0.80 Breakeven $15.80 Implied vol 96.3% Delta 0.356 ≈36% ITM Gamma 0.11 Theta -0.025 Vega 0.013 Open interest 46 Model this call Put · $15 In the money Last — Breakeven — Implied vol 66.5% Delta -0.745 ≈75% ITM Gamma 0.142 Theta -0.014 Vega 0.01 Open interest 0 Model this put
18	16	116.2%	0.227	$0.25		—	—	—	—	0
Call · $17.5 Last $0.25 Breakeven $17.75 Implied vol 116.2% Delta 0.227 ≈23% ITM Gamma 0.073 Theta -0.024 Vega 0.011 Open interest 18 Model this call Put · $17.5 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
1	1	—	—	$0.39		$6.05	—	—	2	0
Call · $20 Last $0.39 Breakeven $20.39 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this call Put · $20 In the money Last $6.05 Breakeven $13.95 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		—	—	—	—	0
Call · $22.5 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $22.5 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		—	—	—	—	0
Call · $25 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $25 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put

About this data

Greeks, implied volatility, open interest and the last price come from the latest daily snapshot and are 15-minute delayed. Bid and ask are not included on this plan.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 1818383 CUSIP 58450V104 13F (30d) 17 filings 17 filers Visit website Investor relations