Genesis Energy L.P. (GEL)
Genesis Energy L.P. Max Pain By Strike
GEL trades at $16.84, 3.8% below 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 falling across expirations ($2.5-$70), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Genesis Energy L.P. Max Pain By Expiry
Max pain for GEL shows a downward trend from 70 to 2.5, indicating bearish sentiment or hedging activity. The 320% spread signals divergent expectations across timeframes. Levels distributed around 16.84. Strong magnetic level at 18 (4 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 | 0.66 (3.95%) |
| Sep 19, 2025 | 15 | -1.84 (-10.90%) |
| Oct 17, 2025 | 2.5 | -14.34 (-85.15%) |
| Dec 19, 2025 | 12.5 | -4.34 (-25.75%) |
| Jan 16, 2026 | 70 | 53.16 (315.80%) |
| Mar 20, 2026 | 17.5 | 0.66 (3.95%) |
| Jun 18, 2026 | 17.5 | 0.66 (3.95%) |
| Sep 18, 2026 | 20 | 3.16 (18.80%) |
| Dec 18, 2026 | 17.5 | 0.66 (3.95%) |