MPLX241220P00044000 Option on MPLX LP
| MPLX Stock | USD 51.66 1.13 2.24% |
MPLX LP's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.65 with a put-to-call open interest ratio of 2.67 over 36 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-12-20. The total put volume is at 460, with calls trading at the volume of 460. This yields a 0.07 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
MPLX LP option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in MPLX LP's lending market. For example, when MPLX LP's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on MPLX LP, he or she must hedge the risk by shorting MPLX LP stock over its option's life.
2024-12-20
The chart above shows MPLX LP's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. MPLX LP's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for MPLX LP's option, there is no secondary market available for investors to trade.
MPLX LP Maximum Pain Price across 2024-12-20 Option Contracts
Max pain occurs when MPLX LP's market makers reach a net positive position across all MPLX LP's options at a strike price where option holders stand to lose the most money. By contrast, MPLX LP's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
MPLX LP's option chain provides insight into all available option contracts written on MPLX LP's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of MPLX LP's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given MPLX option contract.
In The Money vs. Out of Money Option Contracts on MPLX LP
Analyzing MPLX LP's in-the-money options over time can help investors to take a profitable long position in MPLX LP regardless of its overall volatility. This is especially true when MPLX LP's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money MPLX LP's options could be used as guardians of the underlying stock as they move almost dollar for dollar with MPLX LP's stock while costing only a fraction of its price.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MPLX LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
MPLX LP In The Money Call Balance
When MPLX LP's strike price is surpassing the current stock price, the option contract against MPLX LP stock is said to be in the money. When it comes to buying MPLX LP's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on MPLX LP are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
MPLX Current Options Market Mood
MPLX LP's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps MPLX Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of MPLX LP's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. MPLX LP's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current MPLX contract
Base on the Rule 16, the options market is currently suggesting that MPLX LP will have an average daily up or down price movement of about 0.0406% per day over the life of the 2024-12-20 option contract. With MPLX LP trading at USD 51.66, that is roughly USD 0.021. If you think that the market is fully incorporating MPLX LP's daily price movement you should consider buying MPLX LP options at the current volatility level of 0.65%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing MPLX LP options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" MPLX calls. Remember, the seller must deliver MPLX LP stock to the call owner when a call is exercised.
MPLX LP Option Chain
When MPLX LP's strike price is surpassing the current stock price, the option contract against MPLX LP stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
MPLX LP's option chain is a display of a range of information that helps investors for ways to trade options on MPLX. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for MPLX. It also shows strike prices and maturity days for a MPLX LP against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Expiration | Current Spread | Last Price | |||
Call | MPLX Option Call 20-12-2024 25 | 0 | 2024-12-20 | 25.7 - 28.6 | 21.39 | In |
Call | MPLX Option Call 20-12-2024 34 | 0 | 2024-12-20 | 16.6 - 19.4 | 13.5 | In |
Call | MPLX Option Call 20-12-2024 35 | 0 | 2024-12-20 | 16.4 - 18.3 | 12.2 | In |
Call | MPLX Option Call 20-12-2024 36 | 0 | 2024-12-20 | 14.9 - 16.7 | 10.6 | In |
Call | MPLX Option Call 20-12-2024 37 | 5 | 2024-12-20 | 14.5 - 15.6 | 9.23 | In |
Call | MPLX Option Call 20-12-2024 38 | 0 | 2024-12-20 | 11.9 - 15.8 | 9.4 | In |
Call | MPLX Option Call 20-12-2024 39 | 0 | 2024-12-20 | 12.1 - 13.5 | 7.2 | In |
Call | MPLX Option Call 20-12-2024 40 | 0 | 2024-12-20 | 11.6 - 12.8 | 8.31 | In |
Call | MPLX Option Call 20-12-2024 41 | 0 | 2024-12-20 | 10.6 - 11.3 | 6.8 | In |
Call | MPLX Option Call 20-12-2024 42 | 0 | 2024-12-20 | 9.3 - 10.5 | 8.58 | In |
Call | MPLX Option Call 20-12-2024 43 | 10 | 2024-12-20 | 8.1 - 9.2 | 6.36 | In |
Call | MPLX Option Call 20-12-2024 44 | 0 | 2024-12-20 | 7.7 - 9.8 | 7.85 | In |
Call | MPLX Option Call 20-12-2024 45 | 76 | 2024-12-20 | 6.7 - 7.5 | 4.9 | In |
Call | MPLX Option Call 20-12-2024 46 | 726 | 2024-12-20 | 5.7 - 5.9 | 5.9 | In |
Call | MPLX Option Call 20-12-2024 47 | 446 | 2024-12-20 | 4.8 - 5.0 | 5.0 | In |
Call | MPLX Option Call 20-12-2024 48 | 753 | 2024-12-20 | 3.8 - 4.3 | 4.0 | In |
Call | MPLX Option Call 20-12-2024 49 | 0 | 2024-12-20 | 2.85 - 3.3 | 2.9 | In |
Call | MPLX Option Call 20-12-2024 50 | 467 | 2024-12-20 | 2.0 - 2.2 | 2.05 | In |
Call | MPLX Option Call 20-12-2024 55 | 120 | 2024-12-20 | 0.0 - 0.15 | 0.1 | Out |
Put | MPLX Option Put 20-12-2024 33 | 9 | 2024-12-20 | 0.0 - 1.75 | 0.2 | Out |
Put | MPLX Option Put 20-12-2024 35 | 109 | 2024-12-20 | 0.0 - 0.1 | 0.11 | Out |
Put | MPLX Option Put 20-12-2024 36 | 130 | 2024-12-20 | 0.05 - 0.2 | 0.3 | Out |
Put | MPLX Option Put 20-12-2024 37 | 95 | 2024-12-20 | 0.0 - 0.15 | 0.08 | Out |
Put | MPLX Option Put 20-12-2024 38 | 0 | 2024-12-20 | 0.0 - 0.05 | 0.05 | |
Put | MPLX Option Put 20-12-2024 39 | 1391 | 2024-12-20 | 0.0 - 0.05 | 0.03 | Out |
Put | MPLX Option Put 20-12-2024 40 | 1846 | 2024-12-20 | 0.0 - 0.05 | 0.02 | Out |
Put | MPLX Option Put 20-12-2024 41 | 0 | 2024-12-20 | 0.0 - 0.1 | 0.03 | |
Put | MPLX Option Put 20-12-2024 42 | 1555 | 2024-12-20 | 0.0 - 0.05 | 0.22 | Out |
Put | MPLX Option Put 20-12-2024 43 | 908 | 2024-12-20 | 0.0 - 0.05 | 0.03 | Out |
Put | MPLX Option Put 20-12-2024 44 | 193 | 2024-12-20 | 0.0 - 0.15 | 0.05 | Out |
Put | MPLX Option Put 20-12-2024 45 | 0 | 2024-12-20 | 0.0 - 0.05 | 0.05 | |
Put | MPLX Option Put 20-12-2024 46 | 591 | 2024-12-20 | 0.0 - 0.1 | 0.05 | Out |
Put | MPLX Option Put 20-12-2024 47 | 123 | 2024-12-20 | 0.0 - 0.15 | 0.09 | Out |
Put | MPLX Option Put 20-12-2024 48 | 0 | 2024-12-20 | 0.0 - 0.1 | 0.05 | |
Put | MPLX Option Put 20-12-2024 49 | 0 | 2024-12-20 | 0.0 - 0.15 | 0.25 | |
Put | MPLX Option Put 20-12-2024 50 | 0 | 2024-12-20 | 0.05 - 0.3 | 0.24 |
MPLX Total Stockholder Equity
Total Stockholder Equity |
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MPLX LP Corporate Directors
| Pamela Beall | Executive VP of Corporate Planning and Strategy of MPLX GP LLC and Director of MPLX GP LLC | Profile | |
| Frank Semple | Independent Director of MPLX GP LLC | Profile | |
| Dan Sandman | Independent Director of MPLX GP LLC | Profile | |
| Michael Beatty | Independent Director of MPLX GP LLC | Profile |
Additional Tools for MPLX Stock Analysis
When running MPLX LP's price analysis, check to measure MPLX LP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MPLX LP is operating at the current time. Most of MPLX LP's value examination focuses on studying past and present price action to predict the probability of MPLX LP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MPLX LP's price. Additionally, you may evaluate how the addition of MPLX LP to your portfolios can decrease your overall portfolio volatility.