Sunoco LP (SUN)
Sunoco LP Max Pain By Strike
SUN trades at $52.36, pinned near the near-term max pain of $52.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($27.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 55 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Sunoco LP Max Pain By Expiry
Max pain for SUN shows a downward trend from 95 to 27.5, indicating bearish sentiment or hedging activity. The 118% spread signals divergent expectations across timeframes. Most levels above 52.36 could support dips. 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 | 52.5 | 0.14 (0.27%) |
| Sep 19, 2025 | 55 | 2.64 (5.04%) |
| Oct 17, 2025 | 27.5 | -24.86 (-47.48%) |
| Dec 19, 2025 | 55 | 2.64 (5.04%) |
| Jan 16, 2026 | 95 | 42.64 (81.44%) |
| Mar 20, 2026 | 57.5 | 5.14 (9.82%) |