Global Partners Stock Options
GLP Stock | USD 53.11 1.37 2.51% |
Global Partners' latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.65 with a put-to-call open interest ratio of 0.34 over 24 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on June 20th 2025.
Open Interest Against June 20th 2025 Option Contracts
2025-06-20
The chart above shows Global Partners' 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. Global Partners' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Global Partners' option, there is no secondary market available for investors to trade.
Global Partners Maximum Pain Price Across 2025-06-20 Option Contracts
Max pain occurs when Global Partners' market makers reach a net positive position across all Global Partners' options at a strike price where option holders stand to lose the most money. By contrast, Global Partners' 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 Global Partners
Analyzing Global Partners' in-the-money options over time can help investors to take a profitable long position in Global Partners regardless of its overall volatility. This is especially true when Global Partners' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Global Partners' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Global Partners' stock while costing only a fraction of its price.
Global Partners LP In The Money Call Balance
When Global Partners' strike price is surpassing the current stock price, the option contract against Global Partners LP stock is said to be in the money. When it comes to buying Global Partners' 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 Global Partners 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.
Global Current Options Market Mood
Global Partners' 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 Global 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 Global Partners' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Global Partners' 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 Global contract
Base on the Rule 16, the options market is currently suggesting that Global Partners LP will have an average daily up or down price movement of about 0.0406% per day over the life of the 2025-06-20 option contract. With Global Partners trading at USD 53.11, that is roughly USD 0.0216. If you think that the market is fully incorporating Global Partners' daily price movement you should consider buying Global Partners LP options at the current volatility level of 0.65%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Global |
Purchasing Global Partners 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" Global calls. Remember, the seller must deliver Global Partners LP stock to the call owner when a call is exercised.
Global Partners Option Chain
When Global Partners' strike price is surpassing the current stock price, the option contract against Global Partners 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.
Global Partners' option chain is a display of a range of information that helps investors for ways to trade options on Global. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Global. It also shows strike prices and maturity days for a Global Partners 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 | GLP250620C00085000 | 0 | 85.0 | 0.0 - 4.8 | 4.8 | |
Call | GLP250620C00080000 | 0 | 80.0 | 0.0 - 4.8 | 4.8 | |
Call | GLP250620C00075000 | 4 | 75.0 | 0.0 - 4.8 | 1.2 | Out |
Call | GLP250620C00070000 | 19 | 70.0 | 0.0 - 4.7 | 0.85 | Out |
Call | GLP250620C00065000 | 18 | 65.0 | 0.0 - 2.7 | 0.8 | Out |
Call | GLP250620C00060000 | 109 | 60.0 | 0.85 - 3.8 | 2.6 | Out |
Call | GLP250620C00055000 | 146 | 55.0 | 2.75 - 4.3 | 4.0 | Out |
Call | GLP250620C00050000 | 36 | 50.0 | 4.6 - 8.4 | 6.63 | In |
Call | GLP250620C00045000 | 21 | 45.0 | 8.4 - 12.0 | 9.9 | In |
Call | GLP250620C00040000 | 1 | 40.0 | 12.9 - 17.0 | 14.3 | In |
Call | GLP250620C00035000 | 1 | 35.0 | 18.5 - 21.5 | 19.0 | In |
Put | GLP250620P00085000 | 0 | 85.0 | 29.6 - 34.0 | 29.6 | In |
Put | GLP250620P00080000 | 0 | 80.0 | 24.5 - 29.4 | 24.5 | In |
Put | GLP250620P00075000 | 0 | 75.0 | 19.7 - 24.0 | 19.7 | In |
Put | GLP250620P00070000 | 0 | 70.0 | 14.9 - 19.5 | 14.9 | In |
Put | GLP250620P00065000 | 0 | 65.0 | 10.6 - 15.0 | 10.6 | In |
Put | GLP250620P00060000 | 0 | 60.0 | 6.9 - 11.0 | 6.9 | In |
Put | GLP250620P00055000 | 21 | 55.0 | 3.9 - 5.9 | 5.64 | In |
Put | GLP250620P00050000 | 32 | 50.0 | 2.15 - 5.4 | 3.31 | Out |
Put | GLP250620P00045000 | 11 | 45.0 | 0.0 - 4.8 | 2.5 | Out |
Put | GLP250620P00040000 | 31 | 40.0 | 0.25 - 1.0 | 1.0 | Out |
Put | GLP250620P00035000 | 8 | 35.0 | 0.0 - 4.8 | 1.05 | Out |
Put | GLP250620P00030000 | 10 | 30.0 | 0.0 - 4.8 | 1.05 | Out |
Put | GLP250620P00025000 | 7 | 25.0 | 0.0 - 4.8 | 0.75 | Out |
Global Total Stockholder Equity
Total Stockholder Equity |
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Global Partners Corporate Directors
David McKown | Independent Director of the General Partner | Profile | |
Kenneth Watchmaker | Independent Director of the General Partner | Profile | |
Daphne Foster | Chief Financial Officer, Director of the General Partner | Profile | |
John Hailer | Independent Director of the General Partner | Profile |
Additional Tools for Global Stock Analysis
When running Global Partners' price analysis, check to measure Global Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Partners is operating at the current time. Most of Global Partners' value examination focuses on studying past and present price action to predict the probability of Global Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Partners' price. Additionally, you may evaluate how the addition of Global Partners to your portfolios can decrease your overall portfolio volatility.