Sunoco LP Stock Options
| SUN Stock | USD 59.51 0.61 1.04% |
Sunoco LP's latest option contracts expiring on March 20th 2026 are carrying combined implied volatility of 0.46 with a put-to-call open interest ratio of 7.31 over 29 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on March 20th 2026. The total put volume is at 3.0, with calls trading at the volume of 8.0. This yields a 0.38 put-to-call volume ratio.
Open Interest Against March 20th 2026 Option Contracts
2026-03-20
The chart above shows Sunoco LP's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Sunoco LP's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Sunoco LP's option, there is no secondary market available for investors to trade.
Sunoco LP Maximum Pain Price Across 2026-03-20 Option Contracts
Max pain occurs when Sunoco LP's market makers reach a net positive position across all Sunoco LP's options at a strike price where option holders stand to lose the most money. By contrast, Sunoco LP's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on Sunoco LP
Analyzing Sunoco LP's in-the-money options over time can help investors to take a profitable long position in Sunoco LP regardless of its overall volatility. This is especially true when Sunoco LP's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Sunoco LP's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Sunoco LP's stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on Sunoco LP lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Sunoco LP's value remains static through the expiration date, the investor can close an 'in-the-money' option to avoid a potential loss. However, in-the-money Sunoco LP contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Sunoco Stock moves the wrong way.
Sunoco LP In The Money Call Balance
When Sunoco LP's strike price is surpassing the current stock price, the option contract against Sunoco LP stock is said to be in the money. When it comes to buying Sunoco LP's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Sunoco LP are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Sunoco Current Options Market Mood
Sunoco LP's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Sunoco Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of Sunoco LP's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Sunoco LP's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Sunoco contract
Base on the Rule 16, the options market is currently suggesting that Sunoco LP will have an average daily up or down price movement of about 0.0288% per day over the life of the 2026-03-20 option contract. With Sunoco LP trading at USD 59.51, that is roughly USD 0.0171. If you think that the market is fully incorporating Sunoco LP's daily price movement you should consider buying Sunoco LP options at the current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Sunoco LP options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Sunoco calls. Remember, the seller must deliver Sunoco LP stock to the call owner when a call is exercised.
Sunoco LP Option Chain
When Sunoco LP's strike price is surpassing the current stock price, the option contract against Sunoco LP stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Sunoco LP's option chain is a display of a range of information that helps investors for ways to trade options on Sunoco. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Sunoco. It also shows strike prices and maturity days for a Sunoco LP against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Strike Price | Current Spread | Last Price | |||
Call | SUN260320C00080000 | 0 | 80.0 | 0.0 - 0.55 | 0.55 | |
Call | SUN260320C00075000 | 0 | 75.0 | 0.0 - 0.55 | 0.55 | |
Call | SUN260320C00070000 | 26 | 70.0 | 0.0 - 0.65 | 0.23 | Out |
Call | SUN260320C00065000 | 21 | 65.0 | 0.0 - 0.35 | 0.35 | Out |
Call | SUN260320C00062500 | 6 | 62.5 | 0.1 - 1.25 | 0.5 | Out |
Call | SUN260320C00060000 | 560 | 60.0 | 0.25 - 1.9 | 1.6 | Out |
Call | SUN260320C00057500 | 187 | 57.5 | 2.2 - 3.9 | 3.2 | In |
Call | SUN260320C00055000 | 1030 | 55.0 | 3.2 - 6.4 | 3.25 | In |
Call | SUN260320C00052500 | 22 | 52.5 | 5.5 - 8.4 | 7.3 | In |
Call | SUN260320C00050000 | 0 | 50.0 | 7.9 - 11.1 | 8.1 | In |
Call | SUN260320C00047500 | 1 | 47.5 | 10.5 - 13.6 | 10.6 | In |
Call | SUN260320C00045000 | 1 | 45.0 | 13.0 - 16.6 | 11.0 | In |
Call | SUN260320C00035000 | 1 | 35.0 | 22.4 - 26.6 | 22.63 | In |
Put | SUN260320P00080000 | 464 | 80.0 | 19.2 - 22.4 | 22.6 | In |
Put | SUN260320P00075000 | 13 | 75.0 | 14.3 - 17.4 | 19.65 | In |
Put | SUN260320P00070000 | 66 | 70.0 | 9.3 - 12.4 | 13.4 | In |
Put | SUN260320P00065000 | 14 | 65.0 | 4.4 - 7.3 | 9.03 | In |
Put | SUN260320P00062500 | 12 | 62.5 | 2.6 - 5.2 | 6.91 | In |
Put | SUN260320P00060000 | 905 | 60.0 | 1.6 - 3.4 | 2.4 | In |
Put | SUN260320P00057500 | 100 | 57.5 | 0.65 - 2.2 | 1.0 | Out |
Put | SUN260320P00055000 | 1603 | 55.0 | 0.3 - 1.95 | 0.75 | Out |
Put | SUN260320P00052500 | 502 | 52.5 | 0.05 - 1.1 | 0.55 | Out |
Put | SUN260320P00050000 | 3085 | 50.0 | 0.2 - 0.7 | 0.35 | Out |
Put | SUN260320P00047500 | 3507 | 47.5 | 0.0 - 0.85 | 0.33 | Out |
Put | SUN260320P00045000 | 133 | 45.0 | 0.05 - 0.75 | 0.38 | Out |
Put | SUN260320P00042500 | 117 | 42.5 | 0.0 - 0.7 | 0.5 | Out |
Put | SUN260320P00040000 | 502 | 40.0 | 0.0 - 0.65 | 1.3 | Out |
Put | SUN260320P00037500 | 2535 | 37.5 | 0.0 - 0.25 | 0.26 | Out |
Put | SUN260320P00035000 | 4 | 35.0 | 0.0 - 0.6 | 0.57 | Out |
Sunoco LP Market Cap Over Time
Market Cap |
| Timeline |
Sunoco Total Stockholder Equity
Total Stockholder Equity |
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Sunoco LP Corporate Directors
| Imad Anbouba | Independent Director of the General Partner | Profile | |
| James Bryant | Independent Director of the General Partner | Profile | |
| Oscar Alvarez | Independent Director of the General Partner | Profile | |
| David Skidmore | Independent Director of the General Partner | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunoco LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Sunoco Stock, please use our How to Invest in Sunoco LP guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Will Oil & Gas Storage & Transportation sector continue expanding? Could Sunoco diversify its offerings? Factors like these will boost the valuation of Sunoco LP. If investors know Sunoco will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Sunoco LP data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.91) | Dividend Share 3.613 | Earnings Share 2.78 | Revenue Per Share | Quarterly Revenue Growth 0.049 |
Sunoco LP's market price often diverges from its book value, the accounting figure shown on Sunoco's balance sheet. Smart investors calculate Sunoco LP's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Sunoco LP's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Sunoco LP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunoco LP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunoco LP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.