null Option on Plains GP Holdings

PAGP Stock  USD 19.85  0.10  0.51%   
Plains GP's latest option contracts expiring on October 17th 2025 are carrying combined implied volatility of 0.46 with a put-to-call open interest ratio of 0.46 over 36 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on October 17th 2025.

Open Interest Against October 17th 2025 Option Contracts

The chart above shows Plains GP'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. Plains GP's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Plains GP's option, there is no secondary market available for investors to trade.

Plains GP Maximum Pain Price Across 2025-10-17 Option Contracts

Max pain occurs when Plains GP's market makers reach a net positive position across all Plains GP's options at a strike price where option holders stand to lose the most money. By contrast, Plains GP's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Plains GP

Analyzing Plains GP's in-the-money options over time can help investors to take a profitable long position in Plains GP regardless of its overall volatility. This is especially true when Plains GP's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Plains GP's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Plains GP's stock while costing only a fraction of its price.

Plains GP Holdings In The Money Call Balance

When Plains GP's strike price is surpassing the current stock price, the option contract against Plains GP Holdings stock is said to be in the money. When it comes to buying Plains GP'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 Plains GP Holdings 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.

Plains Current Options Market Mood

Plains GP'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 Plains 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 Plains GP'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. Plains GP'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 Plains contract

Base on the Rule 16, the options market is currently suggesting that Plains GP Holdings will have an average daily up or down price movement of about 0.0288% per day over the life of the 2025-10-17 option contract. With Plains GP trading at USD 19.85, that is roughly USD 0.005707. If you think that the market is fully incorporating Plains GP's daily price movement you should consider buying Plains GP Holdings options at the current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Plains GP 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" Plains calls. Remember, the seller must deliver Plains GP Holdings stock to the call owner when a call is exercised.

Plains GP Option Chain

When Plains GP's strike price is surpassing the current stock price, the option contract against Plains GP Holdings 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.
Plains GP's option chain is a display of a range of information that helps investors for ways to trade options on Plains. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Plains. It also shows strike prices and maturity days for a Plains GP 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
Call
PAGP251017C00030000030.00.0 - 0.750.75Out
Call
PAGP251017C00029000029.00.0 - 0.750.75Out
Call
PAGP251017C00028000028.00.0 - 0.750.75Out
Call
PAGP251017C00027000027.00.0 - 0.750.75Out
Call
PAGP251017C0002600010026.00.0 - 0.750.75Out
Call
PAGP251017C0002500010025.00.0 - 0.60.11Out
Call
PAGP251017C00024000500024.00.0 - 0.750.75Out
Call
PAGP251017C0002300040823.00.0 - 0.750.05Out
Call
PAGP251017C00022000203922.00.0 - 0.350.1Out
Call
PAGP251017C0002100073921.00.1 - 0.20.3Out
Call
PAGP251017C00020000183520.00.4 - 0.550.51Out
Call
PAGP251017C00019000169719.00.95 - 1.151.05In
Call
PAGP251017C0001800048318.01.7 - 2.01.49In
Call
PAGP251017C000170003917.02.65 - 3.82.1In
Call
PAGP251017C000160001016.03.6 - 4.23.6In
Call
PAGP251017C00015000115.04.6 - 6.02.92In
 Put
PAGP251017P00030000230.010.5 - 11.110.5In
 Put
PAGP251017P00029000029.09.5 - 10.19.5In
 Put
PAGP251017P00028000028.08.5 - 9.18.5In
 Put
PAGP251017P00027000027.07.5 - 8.17.5In
 Put
PAGP251017P00026000026.06.5 - 6.76.5In
 Put
PAGP251017P00025000025.05.5 - 6.15.5In
 Put
PAGP251017P00024000024.04.5 - 5.24.5In
 Put
PAGP251017P00023000023.03.5 - 5.03.5In
 Put
PAGP251017P000220001022.02.5 - 3.22.5In
 Put
PAGP251017P00021000116121.01.6 - 1.81.6In
 Put
PAGP251017P0002000090720.00.85 - 1.051.1In
 Put
PAGP251017P00019000114819.00.45 - 0.550.53Out
 Put
PAGP251017P00018000118518.00.1 - 0.350.25Out
 Put
PAGP251017P00017000102017.00.1 - 0.20.25Out
 Put
PAGP251017P000160008616.00.0 - 0.250.15Out
 Put
PAGP251017P0001500011615.00.0 - 0.750.75Out
 Put
PAGP251017P00014000114.00.0 - 0.750.75Out
 Put
PAGP251017P00013000913.00.0 - 0.750.75Out
 Put
PAGP251017P00012000112.00.0 - 0.750.75Out
 Put
PAGP251017P000100003010.00.0 - 0.10.1Out

Plains Total Stockholder Equity

Total Stockholder Equity

1.28 Billion

At this time, Plains GP's Total Stockholder Equity is relatively stable compared to the past year.

Plains GP Corporate Management

Additional Tools for Plains Stock Analysis

When running Plains GP's price analysis, check to measure Plains GP'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 Plains GP is operating at the current time. Most of Plains GP's value examination focuses on studying past and present price action to predict the probability of Plains GP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plains GP's price. Additionally, you may evaluate how the addition of Plains GP to your portfolios can decrease your overall portfolio volatility.