(MLPX)
Max Pain By Strike
MLPX trades at $60.15, 4.5% below the near-term max pain of $63 expiring Sep 19, 2025 (33 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($48-$75), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for MLPX shows a downward trend from 75 to 48, indicating bearish sentiment or hedging activity. The 43% spread signals divergent expectations across timeframes. Levels distributed around 60.15. 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 |
|---|---|---|
| Sep 19, 2025 | 63 | 2.85 (4.74%) |
| Oct 17, 2025 | 48 | -12.15 (-20.20%) |
| Dec 19, 2025 | 59 | -1.15 (-1.91%) |
| Mar 20, 2026 | 75 | 14.85 (24.69%) |
| Dec 18, 2026 | 70 | 9.85 (16.38%) |