Energy Transfer LP (ET)
Energy Transfer LP Max Pain By Strike
ET trades at $17.57, pinned near the near-term max pain of $17.5 expiring Aug 29, 2025 (4 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($15-$18), indicating stable market expectations. Key magnetic zone at 17 where 6 expirations converge.
Energy Transfer LP Max Pain By Expiry
Max pain for ET shows stable levels around 16.92, reflecting balanced market expectations. The 18% spread signals divergent expectations across timeframes. Most levels below 17.57 may cap rallies. Strong magnetic level at 17 (6 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 29, 2025 | 17.5 | -0.07 (-0.40%) |
| Sep 5, 2025 | 17 | -0.57 (-3.24%) |
| Sep 12, 2025 | 17.5 | -0.07 (-0.40%) |
| Sep 19, 2025 | 17.5 | -0.07 (-0.40%) |
| Sep 26, 2025 | 17 | -0.57 (-3.24%) |
| Oct 3, 2025 | 16.5 | -1.07 (-6.09%) |
| Oct 17, 2025 | 18 | 0.43 (2.45%) |
| Dec 19, 2025 | 18 | 0.43 (2.45%) |
| Jan 16, 2026 | 17 | -0.57 (-3.24%) |
| Mar 20, 2026 | 17 | -0.57 (-3.24%) |
| Apr 17, 2026 | 15 | -2.57 (-14.63%) |
| Jun 18, 2026 | 17 | -0.57 (-3.24%) |
| Jan 15, 2027 | 15 | -2.57 (-14.63%) |