MPLX Lp (MPLX)
MPLX Lp Max Pain By Strike
MPLX trades at $50.03, pinned near the near-term max pain of $50 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($42-$55), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 4 expirations converge.
MPLX Lp Max Pain By Expiry
Max pain for MPLX shows a downward trend from 55 to 42, indicating bearish sentiment or hedging activity. The 26% spread signals divergent expectations across timeframes. Most levels below 50.03 may cap rallies. Strong magnetic level at 50 (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 | 50 | -0.03 (-0.06%) |
| Sep 19, 2025 | 50 | -0.03 (-0.06%) |
| Oct 17, 2025 | 42 | -8.03 (-16.05%) |
| Dec 19, 2025 | 55 | 4.97 (9.93%) |
| Jan 16, 2026 | 50 | -0.03 (-0.06%) |
| Mar 20, 2026 | 50 | -0.03 (-0.06%) |
| Jan 15, 2027 | 47 | -3.03 (-6.06%) |