Energy Transfer LP (ET)
Energy Transfer LP Max Pain By Strike
ET trades at $17.38, pinned near the near-term max pain of $17.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($9-$18), indicating stable market expectations. Key magnetic zone at 17 where 6 expirations converge.
Energy Transfer LP Max Pain By Expiry
Max pain for ET shows stable levels around 16.61, reflecting balanced market expectations. The 54% spread signals divergent expectations across timeframes. Levels distributed around 17.38. Strong magnetic level at 17 (6 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 17.5 | 0.13 (0.72%) |
| Aug 22, 2025 | 17.5 | 0.13 (0.72%) |
| Aug 29, 2025 | 17 | -0.38 (-2.16%) |
| Sep 5, 2025 | 17 | -0.38 (-2.16%) |
| Sep 12, 2025 | 17.5 | 0.13 (0.72%) |
| Sep 19, 2025 | 18 | 0.63 (3.60%) |
| Sep 26, 2025 | 17 | -0.38 (-2.16%) |
| Oct 17, 2025 | 18 | 0.63 (3.60%) |
| Dec 19, 2025 | 18 | 0.63 (3.60%) |
| Jan 16, 2026 | 17 | -0.38 (-2.16%) |
| Mar 20, 2026 | 17 | -0.38 (-2.16%) |
| Apr 17, 2026 | 9 | -8.38 (-48.20%) |
| Jun 18, 2026 | 17 | -0.38 (-2.16%) |
| Jan 15, 2027 | 15 | -2.38 (-13.67%) |