MPLX251219P00048000 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.

MPLX LP's Option Greeks for the contract ending on 2025-12-19 at a strike price of 48.0 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.

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.

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 47.85 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 48.0, the payoff chart is constant and positive.

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.

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.