MPLX (MPLX) Options Chain
NYSE: MPLXEnergyNatural Gas DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Mar 19, 2027
- Days to expiration
- 159
- Share price
- $56.30
- Put/call ratio (OI)
- 0.70
- Put/call ratio (volume)
- 1.29
- Expected move
- ±$7.56
- Open interest (C / P)
- 1.68K / 1.18K
MPLX options summary
The MPLX options chain for the March 19, 2027 expiration lists 9 call and 5 put contracts, with 159 days until expiration. Open interest stands at 1,680 calls and 1,183 puts, a put/call ratio of 0.70, which is fairly balanced between calls and puts. At-the-money implied volatility near the $55.00 strike is 20.4%, which implies the market expects a move of about ±$7.56 (13.4%) in MPLX stock by expiration.
The most open interest sits at the $60.00 call (815 contracts) and the $55.00 put (656 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
MPLX options chain · March 19, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 27.40 | 25.40 | 27.50 | 30.00 | — | — | — | |||||
| 21.23 | 20.40 | 22.50 | 35.00 | — | — | — | |||||
| 17.26 | 15.40 | 17.50 | 40.00 | — | — | — | |||||
| — | — | — | 45.00 | 0.25 | 0.40 | 0.35 | |||||
| 6.74 | 6.30 | 7.80 | 50.00 | 0.85 | 1.10 | 1.00 | |||||
| 3.45 | 2.70 | 3.20 | 55.00 | 2.10 | 2.85 | 2.70 | |||||
| 1.00 | 0.85 | 1.15 | 60.00 | 4.80 | 6.10 | 4.60 | |||||
| 0.22 | 0.20 | 0.35 | 65.00 | 9.20 | 10.50 | 9.20 | |||||
| 0.13 | 0.00 | 0.30 | 70.00 | — | — | — | |||||
| 0.05 | 0.00 | 0.60 | 75.00 | — | — | — | |||||
In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.
Frequently asked questions
What is the MPLX put/call ratio?
For the March 19, 2027 expiration, the MPLX put/call ratio based on open interest is 0.70 (1,183 puts vs 1,680 calls), and 1.29 based on today's volume. A ratio above 1 means more puts than calls.
What is MPLX's implied volatility?
At-the-money implied volatility for MPLX options expiring March 19, 2027 is about 20.4%, an annualized estimate of how much the market expects MPLX stock to move.
How many MPLX option expiration dates are there?
MPLX has 7 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.
What does "in the money" mean?
A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.