A riflescope, a magnification ring for a riflescope and related methods are set forth herein. In one embodiment, a riflescope includes a main tube having an optical axis, an eyepiece, and a magnification ring associated with the eyepiece, the magnification ring being rotatable about the optical axis. In one embodiment, the magnification ring includes a collar rotatably coupled with the main tube and a rotatable ring disposed at least partially about the collar and being selectively positionable relative to the collar at a plurality of user-selected positions. The rotatable ring is releasably fixed to the collar at any of the plurality of user-selected positions. The rotatable ring also includes a protrusion extending radially from an outer surface of the rotatable ring.