MPLX250919P00035000 Option on MPLX LP

MPLX Stock  USD 50.80  0.28  0.55%   
MPLX250919P00035000 is a PUT option contract on MPLX LP's common stock with a strick price of 35.0 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 an ask price of $0.15. 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 0.0285% per day over the life of the option. With MPLX LP trading at USD 50.8, that is roughly USD 0.0145. 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 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put 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.
Put Contract NameMPLX250919P00035000
Expires On2025-09-19
Days Before Expriration62
Vega0.010117
Gamma0.005054
Theoretical Value0.07
Open Interest32
Strike Price35.0
Last Traded At0.03
Current Price Spread0.0 | 0.15
Rule 16 Daily Up or DownUSD 0.0145

MPLX short PUT Option Greeks

MPLX LP's Option Greeks for the contract ending on 2025-09-19 at a strike price of 35.0 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-0.019992
Gamma0.005054
Theta-0.003794
Vega0.010117
Rho-0.001852

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 34.93 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 35.0, the payoff chart is constant and positive.
   Profit   
       MPLX LP Price At Expiration  
View All MPLX LP Options

MPLX LP Available Put 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 IntStrike PriceCurrent SpreadLast Price
 Put
MPLX250919P00080000080.027.9 - 31.627.9In
 Put
MPLX250919P00075000075.023.0 - 26.923.0In
 Put
MPLX250919P00070000070.018.2 - 21.818.2In
 Put
MPLX250919P00065000065.013.1 - 16.313.1In
 Put
MPLX250919P00060000060.08.3 - 11.48.3In
 Put
MPLX250919P0005500013455.05.0 - 5.25.0In
 Put
MPLX250919P00050000332450.00.6 - 1.61.36Out
 Put
MPLX250919P00045000161645.00.2 - 0.30.25Out
 Put
MPLX250919P0004000056540.00.0 - 0.150.05Out
 Put
MPLX250919P000350003235.00.0 - 0.150.03Out
 Put
MPLX250919P00030000230.00.0 - 0.10.05Out

MPLX LP Corporate Directors

Pamela BeallExecutive VP of Corporate Planning and Strategy of MPLX GP LLC and Director of MPLX GP LLCProfile
Frank SempleIndependent Director of MPLX GP LLCProfile
Dan SandmanIndependent Director of MPLX GP LLCProfile
Michael BeattyIndependent Director of MPLX GP LLCProfile

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.