MPLX250919C00055000 Option on MPLX LP
MPLX Stock | USD 50.80 0.28 0.55% |
MPLX250919C00055000 is a PUT option contract on MPLX LP's common stock with a strick price of 55.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 62 days remaining before the expiration. The option is currently trading at a bid price of $0.15, and an ask price of $0.25. The implied volatility as of the 19th of July is 62.0.
A put option written on MPLX LP becomes more valuable as the price of MPLX LP drops. Conversely, MPLX LP's put option loses its value as MPLX Stock rises.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that MPLX LP will have an average daily up or down price movement of about 0.0104% per day over the life of the option. With MPLX LP trading at USD 50.8, that is roughly USD 0.005271. If you think that the market is fully understating MPLX LP's daily price movement you should consider buying MPLX LP options at that current volatility level of 0.17%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on MPLX LP
An 'Out of The Money' option on MPLX has a strike price that MPLX Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for MPLX LP's 'Out of The Money' options include buying the options if you expect a big move in MPLX LP's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract Name | MPLX250919C00055000 |
Expires On | 2025-09-19 |
Days Before Expriration | 62 |
Delta | 0.115452 |
Vega | 0.04061 |
Gamma | 0.056082 |
Theoretical Value | 0.19 |
Open Interest | 14401 |
Current Trading Volume | 45.0 |
Strike Price | 55.0 |
Last Traded At | 0.19 |
Current Price Spread | 0.15 | 0.25 |
Rule 16 Daily Up or Down | USD 0.005271 |
MPLX short PUT Option Greeks
MPLX LP's Option Greeks for the contract ending on 2025-09-19 at a strike price of 55.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to MPLX LP's option greeks, its implied volatility helps estimate the risk of MPLX LP stock implied by the prices of the options on MPLX LP's stock.
Delta | 0.115452 | |
Gamma | 0.056082 | |
Theta | -0.004994 | |
Vega | 0.04061 | |
Rho | 0.00878 |
MPLX long PUT Option Payoff at expiration
Put options written on MPLX LP grant holders of the option the right to sell a specified amount of MPLX LP at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of MPLX Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on MPLX LP is like buying insurance aginst MPLX LP's downside shift.
Profit |
MPLX LP Price At Expiration |
MPLX short PUT Option Payoff at expiration
By selling MPLX LP's put option, the investors signal their bearish sentiment. A short position in a put option written on MPLX LP will generally make money when the underlying price is above the strike price. Therefore MPLX LP's put payoff at expiration depends on where the MPLX Stock price is relative to the put option strike price. The breakeven price of 55.19 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to MPLX LP's price. Finally, at the strike price of 55.0, the payoff chart is constant and positive.
Profit |
MPLX LP Price At Expiration |
MPLX LP Available Call Options
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 | Strike Price | Current Spread | Last Price | |||
Call | MPLX250919C00080000 | 0 | 80.0 | 0.0 - 1.15 | 1.15 | |
Call | MPLX250919C00075000 | 0 | 75.0 | 0.0 - 1.15 | 1.15 | |
Call | MPLX250919C00070000 | 4 | 70.0 | 0.0 - 2.15 | 2.15 | Out |
Call | MPLX250919C00065000 | 381 | 65.0 | 0.0 - 1.0 | 0.1 | Out |
Call | MPLX250919C00060000 | 1370 | 60.0 | 0.0 - 0.25 | 0.13 | Out |
Call | MPLX250919C00055000 | 14401 | 55.0 | 0.15 - 0.25 | 0.19 | Out |
Call | MPLX250919C00050000 | 2028 | 50.0 | 1.6 - 2.1 | 1.73 | In |
Call | MPLX250919C00045000 | 76 | 45.0 | 5.5 - 6.4 | 5.78 | In |
Call | MPLX250919C00040000 | 42 | 40.0 | 9.6 - 12.6 | 10.4 | In |
Call | MPLX250919C00035000 | 0 | 35.0 | 14.1 - 17.3 | 14.1 | In |
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.